Legal Affairs
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized ...
DEA Opens Hearing on Adult-Use Cannabis Federal Schedule III Status
ARLINGTON – The Drug Enforcement Administration began hearings Monday on a proposal to reclassify Cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), a proceeding officials and advocates on both sides ...
Helus Pharma Advances Phase 3 Trial for Novel Therapy in MDD
NEW YORK – Helus Pharma, the business name now used by Cybin Inc., announced that enrollment in its APPROACH Phase 3 trial has passed the 86% mark. The trial is testing HLP003, the company's lead ...
Hemp THC Beverages Return to Ohio Shelves
CLEVELAND – Hemp-derived THC drinks are back on a limited number of Ohio shelves after U.S. District Judge Jeffrey Helmick temporarily blocked the state from enforcing its newest hemp licensing law against a group of ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
Delaware Moves to Regulate THC-Infused Beverages
DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee advanced House Bill 373, sending the measure to the Senate Finance Committee and bringing it a step closer to a full Senate vote. The action ...
AMASS Invests in Hemp-Derived THC Beverage Brand Afterdream
LOS ANGELES – AMASS Brands Group, a California-based multi-category beverage platform, has entered into a Simple Agreement for Future Equity (SAFE) in Afterdream, a hemp-derived THC beverage brand. The agreement grants AMASS the right to ...
DEA Opens Hearing on Adult-Use Cannabis Federal Schedule III Status
ARLINGTON – The Drug Enforcement Administration began hearings Monday on a proposal to reclassify Cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), a proceeding officials and advocates on both sides ...
Helus Pharma Advances Phase 3 Trial for Novel Therapy in MDD
NEW YORK – Helus Pharma, the business name now used by Cybin Inc., announced that enrollment in its APPROACH Phase 3 trial has passed the 86% mark. The trial is testing HLP003, the company's lead ...
Hemp THC Beverages Return to Ohio Shelves
CLEVELAND – Hemp-derived THC drinks are back on a limited number of Ohio shelves after U.S. District Judge Jeffrey Helmick temporarily blocked the state from enforcing its newest hemp licensing law against a group of ...
AtaiBeckley Reports Expanded Phase 2a Data for EMP-01 in Social Anxiety Disorder
NEW YORK – AtaiBeckley Inc., the clinical-stage biopharmaceutical firm born from the November merger of atai Life Sciences and Beckley Psytech, released additional results from its exploratory Phase 2a trial of EMP-01, an oral formulation ...
Industrial Hemp Market to Exceed $7B by 2031, Driven by Construction and Wellness
LOS ANGELES – The global industrial hemp market is on track to nearly double in value over the next five years, according to the latest report by Mordor Intelligence that projects the market to grow ...
Oklahoma Law Review Claims 280E No Longer Applies Post-Cannabis Rescheduling
TULSA – A forthcoming article in the Oklahoma Law Review contends that federal rescheduling of Cannabis to Schedule III would place the plant outside the reach of Internal Revenue Code Section 280E, potentially ending the ...
LEEF Brands Reaches Deal to Acquire Himalaya Vapor
VANCOUVER – LEEF Brands Inc. entered into an agreement and plan of merger to acquire Standard Holdings Inc. the parent company of Himalaya Vapor, a California concentrates producer known for its full-spectrum cartridges and live ...
ATACH Publishes Report on Updated Hemp Regulations
WASHINGTON – Federal lawmakers moved last year to shut down a major loophole in hemp rules, and the American Trade Association for Cannabis and Hemp (ATACH) has now delivered a clear-eyed examination outlining the regulatory ...
Seed Junky Genetics Announces MINNTZ Return
LOS ANGELES – JBeezy, the founder of Seed Junky Genetics, confirmed that the MINNTZ® brand is officially returning as an independent line following a new agreement with Michigan-based HNG Solutions, LLC. The partnership will put ...
President Trump Signs EO to Accelerate Psychedelic Research and Access
WASHINGTON – President Donald Trump signed an executive order directing federal agencies to speed up reviews of certain psychedelic compounds and open new pathways for patient access as treatments for serious mental health disorders like ...
Trump Fast Tracks Psychedelic Research
WASHINGTON D.C- President Donald Trump has signed a sweeping executive order to accelerate psychedelic research and expand patient access across the United States—marking one of the most significant federal policy shifts the sector has seen ...
Decibel Reports Q4 and FY 2025 Financial Results
CALGARY – Decibel Cannabis Company Inc. posted audited results for the fourth quarter and full year ended December 31, 2025, showing overall revenue growth driven largely by its international operations. Net revenue for the year ...
Five Years After Legalization, Virginia Still Isn’t Ready—But It’s Getting Closer
Virginia’s Cannabis market has been “legal” on paper for years. In practice, it’s been stuck in neutral—possession allowed, but no regulated retail system to match it. That may finally be shifting. The latest move out ...
Tilray Acquires Lyphe Group, Expands UK Medical Cannabis Reach
LONDON – Tilray Brands Inc. has acquired the Lyphe Group, a British operator of online medical Cannabis clinics and a digital pharmacy platform. The deal adds a network that has treated more than 16,000 patients ...
Compass Pathways Opens U.S. Grant Program for Psychedelic Therapy Training
NEW YORK – Compass Pathways PLC ADR announced a new grant program inviting U.S.-based organizations to develop training content for healthcare providers who could deliver its investigational COMP360 psilocybin treatment if regulators approve it. The ...
Pre-Rolls Outpace Flower as Top U.S. Cannabis Category by Unit Sales
LOS ANGELES – Pre-rolled Cannabis products became the leading category in the United States by the number of units sold in 2025, according to data released in the State of the Pre-Roll Market 2026 report ...
German Pharmacies Offer Cannabis Cheaper Than Darknet
BERLIN – Cannabis flower available by prescription through German pharmacies has for the first time undercut prices on the darknet, according to data released by EKOCAN as part of the official evaluation of the country’s ...
Cannara Biotech Reports Q2 2026 Financial Results
MONTREAL – Cannara Biotech Inc. posted its fiscal second-quarter results, recording higher revenues and a sharp improvement in cash generation as the Quebec-based producer continued to pick up ground in a flat national Cannabis market. ...
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired Safari Flower Co., an established white-label, EU-GMP-certified Cannabis cultivator and manufacturer based in Ontario. Aurora purchased 100% of the shares of 9869247 Canada Limited, operating ...
Relm Launches Kidnap & Ransom Insurance for Cannabis Businesses
HAMILTON – Bermuda-based Relm Insurance announced a new Kidnap and Ransom (K&R) insurance product aimed at executives and operators in the Cannabis sector, alongside those in digital assets. The policy addresses physical threats that have ...
Glass House and Vireo Combine California Retail Ops to Form New JV
LONG BEACH – Glass House Brands Inc. and Vireo Growth Inc. announced that they will combine their California dispensary operations into a 50/50 joint venture aimed at creating one of the state’s largest Cannabis retail ...
Legal U.S. Cannabis Markets Generated Over $6B in Q1 2026
LOS ANGELES – Legal Cannabis markets across the United States generated $6.6 billion in sales during the first three months of 2026, according to compiled and released state regulatory data. The figure, which includes adult-use ...
Week in Review: Cannabis & Psychedelics Industry Highlights
The last fortnight delivered sustained progress across the U.S. Cannabis sector and meaningful steps forward in Psychedelics, showcasing the tangible outcomes that stem from a balance of ambition and discipline. State programs posted solid numbers, ...
Two in Three Americans Support Legal Home Cannabis Cultivation, The Harris Poll Finds
LOS ANGELES – A new national survey shows that a clear majority of U.S. adults support the right to grow Cannabis at home, even as many Cannabis users express concerns about pesticides in store-bought products. ...
9th Circuit Orders U.S. Government to Pay Over $2M to Ayahuasca Church
PHOENIX – The Ninth U.S. Circuit Court of Appeals has ruled that the federal government must reimburse the Church of the Eagle and the Condor and its members more than $2 million in attorney fees ...
Whitney Economics Updates Review of Federal Tax Pressure on Legal Cannabis Operators
PORTLAND – Whitney Economics refreshed its analysis on the federal tax burden facing state-regulated legal Cannabis operators, estimating that they paid $2.24 billion in excess taxes in 2025 alone due to Section 280E of the ...
A LIFE IN A DAY: Clayton Smith: CEO: AULV Health
NEW YORK- A LIFE IN A DAY offers viewers another look at well-known people who are in various areas of the industry. We can see from their LinkedIn profile what they do for work, but ...
Vireo Growth Completes Acquisition of Hawthorne Gardening Company
MINNEAPOLIS – Vireo Growth Inc. announced it has closed acquisition of The Hawthorne Gardening Company from The Scotts Miracle-Gro Company, marking the completion of a deal first outlined in a nonbinding memorandum of understanding in ...
