Legal Affairs
Dutchie Launches Round Up the Change for Cannabis Justice
BOSTON – Dutchie, the Cannabis e-commerce and point-of-sale platform, has rolled out Round Up the Change, a straightforward new feature that lets customers turn pocket change into support for Cannabis justice reform and legalization. The ...
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...
Aurora Cannabis Reports Q3 FY 2026 Financial Results
EDMONTON, AB – Aurora Cannabis Inc. posted total net revenue of $94.2 million for its fiscal third quarter ended December 31, 2025, a 7% increase from $88.2 million in the comparable period a year earlier. ...
Canopy Growth Locks in Debt Overhaul, Gears Up for Expansion
TORONTO – Canopy Growth Corp. detailed a pair of financial maneuvers aimed at shoring up its books and clearing a path for expansion. The deals, which include a new $150 million U.S. term loan and ...
U.S. Hempcrete Market Set for Steady Rise to $10.6B by 2033
LOS ANGELES – The market for hempcrete, a lightweight composite material derived from the woody core of the hemp plant, stands at $7.83 billion this year and could reach $10.6 billion by 2033. That trajectory ...
From $700 Million Unicorn to Fire-Sale Exit: What the Eaze–Vireo Deal Says About California Cannabis
LOS ANGELES- When Eaze first burst onto the scene, it was marketed as the “Uber of Cannabis”—a tech-enabled delivery platform that promised to professionalize and scale legal access across California. At its peak, Eaze ...
Arizona Ballot Measure Targets Cannabis Retail Shutdown
PHOENIX – A conservative-backed campaign in Arizona has launched an effort to roll back key elements of the state's adult-use Cannabis program, filing a ballot initiative last month that would shutter licensed dispensaries and end ...
Dutchie Launches Round Up the Change for Cannabis Justice
BOSTON – Dutchie, the Cannabis e-commerce and point-of-sale platform, has rolled out Round Up the Change, a straightforward new feature that lets customers turn pocket change into support for Cannabis justice reform and legalization. The ...
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...
Aurora Cannabis Reports Q3 FY 2026 Financial Results
EDMONTON, AB – Aurora Cannabis Inc. posted total net revenue of $94.2 million for its fiscal third quarter ended December 31, 2025, a 7% increase from $88.2 million in the comparable period a year earlier. ...
SNDL to Acquire Remaining Nova Cannabis Shares for $40 Million
LOS ANGELES- SNDL Inc. has announced plans to acquire the remaining 34.8% of Nova Cannabis Inc. shares that it does not already own in a deal valued at approximately C$40 million. The transaction will consolidate ...
Verano Acquires Cannabist Company’s Operations in Arizona and Virginia for $105 Million
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator, has announced agreements to acquire the Arizona and Virginia operations of The Cannabist Company Holdings Inc. The $105 million deal positions Verano to enter the ...
Ohio Dispensaries Generate $11.5 Million in First Week of Adult-Use Cannabis Sales
LOS ANGELES- Ohio’s newly launched adult-use cannabis market saw a strong start, generating over $11.5 million in sales during its first five days, according to data from the Ohio Division of Cannabis Control (DCC). The ...
MindMed Reports Q2 2024 Financials, Advances Clinical Programs
LOS ANGELES- Mind Medicine (MindMed) Inc. a clinical biopharmaceutical company focusing on treatments for brain health disorders, released its financial results for the quarter ending June 30, 2024. The company also provided updates on its ...
Rubicon Organics Reports Q2 2024 Financial Results
LOS ANGELES- Rubicon Organics Inc. a licensed producer specializing in organic and premium cannabis, released its financial results for the second quarter ending June 30, 2024. The company reported record net revenue of CAD 12.1 ...
Filament Health Reports Q2 2024 Results
LOS ANGELES- Filament Health Corp, a clinical psychedelic drug development company, has released its financial results for the second quarter ending June 30, 2024. The company highlighted its progress in advancing drug candidates targeting substance ...
Dispensary vs. Experience: Retail Models Disrupting the Cannabis Consumer Journey
LOS ANGELES — Cannabis retail is undergoing a significant transformation, moving beyond traditional dispensary models to offer more immersive and meaningful customer experiences, represented in the rising introduction of consumption lounges. Companies like NorCal's Urbana ...
North Dakota Voters to Decide on Cannabis Legalization for Third Time
LOS ANGELES- North Dakota voters will have another opportunity to legalize adult-use cannabis this November after Secretary of State Michael Howe announced on August 12 that the necessary signatures had been validated for the measure ...
Tilray Expands U.S. Presence with Acquisition of Four Molson Coors Craft Breweries
LOS ANGELES- Tilray Brands has announced the acquisition of four craft breweries from Molson Coors, marking a significant expansion of its U.S. operations. The financial details of the deal were not disclosed. The acquired breweries ...
Optimi Health and Psyence Biomedical Sign LOI for Psilocybin Supply Agreement
LOS ANGELES- Optimi Health, a GMP-approved and Health Canada-licensed psychedelics pharmaceutical manufacturer, has entered into a non-binding Letter of Intent (LOI) with Psyence Biomedical Ltd. . This partnership positions Optimi as the exclusive supplier of ...
Emerald Cup Unites with Local Oakland Dispensary Lounge Urbana for 20th Anniversary Celebrating Legacy and Community
OAKLAND — As the Emerald Cup marks its 20th anniversary this year, the event continues to evolve while staying true to its roots. Often hailed as the "Academy Awards of Cannabis," the Emerald Cup is ...
Silo Pharma Collaborates with WuXi AppTec for Preclinical MS Research
Silo Pharma Inc. a biopharmaceutical company, has entered into a collaboration with WuXi AppTec to conduct preclinical research on a novel peptide, SPU-16, aimed at treating multiple sclerosis (MS). This partnership focuses on assessing the ...
MariMed Reports Q2 2024 Earnings with Revenue Growth Amid Margin Pressures
LOS ANGELES- MariMed Inc., a Massachusetts-based multistate cannabis operator, reported its financial results for the second quarter of 2024, revealing strong revenue growth alongside increased expenses and margin pressures as the company continues to expand ...
Award-Winning Cannabis Farm Tikun Olam’s Secret to Exceptional Cannabis Yields
LOS ANGELES — An international award-winning cannabis company backed by 15 years of clinical research, Tikun Olam, knows a thing or two about growing world-class crops. They also know that optimizing their facility protocols can ...
Experts Advocate for Rescheduling Psilocybin to Unlock Mental Health and Economic Benefits
LOS ANGELES- A group of academics from The University of Manchester, supported by Policy@Manchester, has submitted evidence advocating for the rescheduling of psilocybin under the UK's drug laws. The submission, authored by Professor Jo Neill, ...
Planet 13 Reports Q2 2024 Revenue Growth
LOS ANGELES- Planet 13 Holdings Inc. a vertically integrated multistate cannabis operator, announced its financial results for the second quarter of 2024, highlighting robust revenue growth driven by strategic acquisitions and expanding operations. For the ...
AFC Gamma Reports Q2 2024 Earnings with Transition to Pure-Play Cannabis Lender
LOS ANGELES- AFC Gamma, Inc. a Florida-based commercial focused on the cannabis sector, reported solid financial results for the second quarter of 2024, reflecting its strategic shift to become a pure-play cannabis lender. The company ...
Harris-Walz Ticket First to Support Federal Cannabis Legalization
LOS ANGELES- Vice President Kamala Harris and Governor Tim Walz have made history by becoming the first major party presidential ticket to endorse the federal legalization of cannabis. This move aligns with the growing national ...
Growlink Secures $2 Million Seed Funding to Enhance AI Capabilities and Integration Platform
LOS ANGELES- Growlink, a provider of advanced Internet of Things (IoT) controllers, sensors, and cultivation software for controlled environment agriculture, has closed a $2 million seed financing round led by Casa Verde Capital. The funding ...
Advanced Nutrients Honored with International Cannabis Award for Best Fertilizer USA 2024
LOS ANGELES — Advanced Nutrients continues to lead the cannabis cultivation market, garnering the International Cannabis Award for Best Fertilizer USA 2024. This recognition underscores the company's longstanding commitment to innovation and excellence in cannabis ...
Cresco Labs Reports Q2 2024 Financial Results
LOS ANGELES- Cresco Labs Inc. has released its financial results for the second quarter of 2024, showcasing significant improvements in profitability and maintaining strong market positions across several states. Key highlights from the report include: ...
Missouri Division of Cannabis Regulation Recalls Over 2,600 Products for Inadequate Testing
LOS ANGELES- The Missouri Division of Cannabis Regulation (DCR) announced a recall on Tuesday for 2,649 cannabis products sold by NGWMO, LLC to dispensary facilities. The recall was issued because the products did not undergo ...
Aurora Cannabis Reports Q1 Fiscal 2025 Financial Results
LOS ANGELES- Aurora Cannabis has announced its financial results for the first quarter of fiscal 2025, ending June 30, 2024. The company reported positive free cash flow, increased revenue, and substantial growth in its global ...
DEA’s Proposed Rescheduling of Cannabis Sparks Public Response
LOS ANGELES- The Drug Enforcement Administration (DEA) has proposed rescheduling cannabis under federal drug law, moving it from Schedule I to Schedule III. This shift reflects changing perceptions about cannabis, which is currently classified alongside ...
Trulieve Reports Q2 2024 Financial Results
LOS ANGELES- Trulieve announced its financial results for the second quarter ending June 30, 2024. The results, reported in U.S. dollars and following U.S. Generally Accepted Accounting Principles (GAAP), reflect continued growth and operational expansion. ...
