Legal Affairs
Government Relations at The Core
NEW YORK — In industries where business depends on regulation—such as cannabis, infrastructure, or fintech—navigating the policy environment is foundational. Laws, budget priorities, administrative procedures, and even decisions by local councils directly affect where companies ...
Politics & Policy with Jeff Guillot: The Architecture of Cannabis Regulatory Frameworks
FOR IMMEDIATE RELEASE NEW YORK — Highly Capitalized Network-HCN proudly announces the launch of a new original podcast, "Politics & Policy with Jeff Guillot," dedicated to politics, legislation, and the evolving cannabis industry landscape in ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Entourage Health Expands Senior Secured Credit Facility
LOS ANGELES- Entourage Health Corp., a Canadian producer and distributor of cannabis products, has amended its senior secured credit facility. The amendment increases the subordinated credit facility by approximately $3 million, with the funds advanced ...
Tariffs on Chinese Imports Impact U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry is experiencing significant effects due to increased tariffs on Chinese imports, particularly in the vaporizer sector. As of February 4, 2025, the United States imposed an additional 10% tariff ...
iAnthus Capital Holdings Reports Fiscal Year 2024 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc, a company engaged in regulated cannabis operations across the United States, has released its financial outcomes for the fourth quarter and full year ending December 31, 2024. Annual Financial ...
The Cannabist Company Expands ‘dreamt’ Brand to Massachusetts, New Jersey, and Virginia
LOS ANGELES- The Cannabist Company Holdings Inc. has announced the introduction of its sleep-focused cannabis brand, 'dreamt,' into the Massachusetts, New Jersey, and Virginia markets. This expansion aligns with Sleep Awareness Month, emphasizing the importance ...
Government Relations at The Core
NEW YORK — In industries where business depends on regulation—such as cannabis, infrastructure, or fintech—navigating the policy environment is foundational. Laws, budget priorities, administrative procedures, and even decisions by local councils directly affect where companies ...
Politics & Policy with Jeff Guillot: The Architecture of Cannabis Regulatory Frameworks
FOR IMMEDIATE RELEASE NEW YORK — Highly Capitalized Network-HCN proudly announces the launch of a new original podcast, "Politics & Policy with Jeff Guillot," dedicated to politics, legislation, and the evolving cannabis industry landscape in ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Washington State Suspends True Northwest Lab’s Quality Assurance Certification
WASHINGTON STATE — State regulators announced a suspension on the quality-assurance certification of the Olympia-based testing lab, True Northwest, after multiple concerns arose regarding the lab's testing reliability and operational procedures. In an official statement, ...
Cannabis and the Workplace: A Changing Paradigm
LOS ANGELES- In a recent survey, compelling insights were unveiled concerning the changing attitudes and behaviors of individuals towards cannabis consumption, emphasizing its medicinal applications and subsequent implications in the professional arena. Key Insights: Usage ...
Bipartisan Cannabis Reform Takes Center Stage Again in Congress
LOS ANGELES- Rep. Nancy Mace (R-S.C.) has reintroduced federal cannabis reform to the forefront, two years after she became a prominent Republican voice on the matter. On October 24, Mace unveiled a new cannabis legalization ...
Debunking Fentanyl and Cannabis Misconceptions
NEW YORK- The New York Office of Cannabis Management (OCM) has released a comprehensive report addressing the widespread misinformation suggesting that cannabis is being contaminated with fentanyl. This misinformation has been perpetuated through various channels, ...
Oregon Cannabis Associations Merge Amidst Industry Challenges
LOS ANGELES- In a significant development within Oregon's cannabis sector, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon have decided to merge. The boards of both organizations approved this union last week, ...
Beckley Psytech Begins Landmark Phase IIb Study on Novel Intranasal 5-MeO-DMT Formulation for Treatment Resistant Depression
LOS ANGELES- In a significant development for the field of neuropsychiatric treatment, Beckley Psytech Ltd, a leading clinical-stage biotechnology firm, announced today the initiation of its international Phase IIb study on BPL-003. This novel synthetic ...
New Mexico Tax Department Pursues Over 100 Cannabis Firms for Delinquent Taxes
LOS ANGELES- The New Mexico Department of Taxation and Revenue announced an enforcement drive on Wednesday, highlighting that over 100 cannabis license holders in the state have failed to meet their tax obligations. According to ...
Exploring Rick Simpson Oil: A Practical Perspective
LOS ANGELES-Many years ago, a family sought my assistance concerning a sibling diagnosed with prostate cancer. This brother staunchly rejected conventional treatments like chemotherapy, radiation, surgery, and injections. He believed, with unwavering determination, that a ...
The Rise and Debate of Delta-8 THC: Understanding the Controversy
LOS ANGELES- Delta-8-Tetrahydrocannabinol (delta-8 or ∆8-THC) is making headlines as its popularity soars, primarily due to federal regulations that ambiguously classify it. Resembling the more commonly known Delta-9-Tetrahydrocannabinol in structure and effect, this lesser-known cannabinoid ...
Aurora Cannabis Settles Patent Litigation with Willow Biosciences
TORONTO — Aurora Cannabis, the Alberta-based licensed producer, has finalized a confidential settlement with Willow Biosciences over a previously ongoing patent litigation that began in July 2021. The specific terms and conditions of the settlement ...
Cybin Inc. and Small Pharma Join Forces in a Milestone Psychedelic Therapeutics Acquisition
LOS ANGELES- In a notable merger move in the psychedelic therapeutics landscape, Small Pharma Inc. has received the green light from the Supreme Court of British Columbia for its acquisition by Cybin Inc. This all-stock ...
4Front Ventures Secures Credit Agreement, Issues RSUs
PHOENIX — 4Front Ventures Corp., a prominent multi-state cannabis operator and retailer, declared on [Date] the issuance of restricted stock units (RSUs) linked to its newly established $10-million senior secured credit facility agreement. The Phoenix-based ...
Major Corporations Lobby for Cannabis Banking Reforms
NEW YORK — An analysis of recent Congressional lobbying disclosures has unveiled that prominent corporations like Bank of America, Mastercard, and GlaxoSmithKline, among others, are now lobbying for cannabis banking reform. The spotlight has been ...
Ayr Wellness Dispensary in Las Vegas Joins Growing Trend of Cannabis Unionization
LAS VEGAS — Workers at a Las Vegas cannabis store, known as The Dispensary and operating under the Ayr Wellness brand, have elected to unionize with the United Food and Commercial Workers Union (UFCW) Local ...
FSD Pharma and Celly Nutrition Corp. Schedule Virtual Securityholders Meeting
TORONTO — FSD Pharma, a noted biopharmaceutical company, and its partner Celly Nutrition Corp. have jointly announced a virtual meeting for FSD Pharma's securityholders. Slated for November 20, 2023, at 1:00 p.m. Toronto time, this ...
House VA Subcommittee Postpones Historic Psychedelic-Assisted Therapy Hearing
LOS ANGELES- A groundbreaking hearing of the House VA’s subcommittee on Health, set to discuss the potential of psychedelic-assisted therapies in combating mental health disorders, has been postponed. The delay was attributed to the ongoing ...
Higher Collective Elevates Connecticut’s Cannabis Landscape with Equity Ventures
LOS ANGELES- Connecticut's budding cannabis sector witnessed a significant milestone earlier this month as Higher Collective, a venture committed to fostering inclusivity and equity in the industry, unveiled its debut dispensary in Killingly on October ...
PharmaDrug Announces Share Consolidation and Appoints New CFO
LOS ANGELES — PharmaDrug Inc, a pharmaceutical company, has made two significant announcements today. Firstly, it has detailed its upcoming share consolidation, and secondly, it has named a new Chief Financial Officer. Beginning October 24, ...
InterCure Responds to Israeli Security Crisis: Operations Impact and Company Commitment Highlighted
TEL AVIV — InterCure Ltd., operating as Canndoc, a medical cannabis firm in Israel and globally outside North America, today addressed the recent security situation in Israel and its repercussions on the company's operations ...
Tilray and Docklight Settle Dispute Over Bob Marley-Branded Cannabis Product Deal
LOS ANGELES- A legal battle between Tilray Brands Inc. and Docklight Brands concerning an agreement to market Bob Marley-branded cannabis products in Canada has come to a close. U.S. District Judge Tana Lin, located in ...
New York’s Legal Cannabis Sales Reach $83 Million in 2023
NEW YORK — Recreational cannabis sales in New York have hit the $83 million mark from the onset of 2023 through September 29, based on the latest preliminary data provided by the state's cannabis regulatory ...
Revive Therapeutics Partners with Canadian Defence Agency on Nerve Agent Treatment Research
TORONTO — Revive Therapeutics Ltd., a specialty life sciences firm dedicated to developing treatments for rare disorders and medical needs, announced today its collaboration with Defence R&D Canada – Suffield Research Centre (DRDC), an entity ...
Pharmaceutical Industry Faces Record-High Settlements Over a Decade, Report Shows
NEW YORK — A recent report has brought to light staggering numbers concerning financial settlements and penalties within the pharmaceutical sector. Published on Oct. 17 by ConsumerShield, the report reveals that over the past decade, ...
Cresco Labs Finalizes Sale of Arizona Operation and Secures Mortgage on New York Properties
CHICAGO — Cresco Labs Inc. has officially concluded the sale of its single licensed operation in Arizona to an affiliate of Mint Cannabis, marking another significant move in its strategic financial reshuffling. The sale, fetching ...
Germany Contemplates Cannabis Legalization Amid Mixed Responses
BERLIN — The German federal parliament is set to weigh in on a pivotal cannabis reform bill, marking a potential tectonic shift in the nation's stance on the plant. Championed by Chancellor Olaf Scholz, this ...
