Legal Affairs
Porter’s Five Forces Unpack Cannabis Sector Pressures: Insights for 2025 Investors
LOS ANGELES – The boards of multi-state operators and decision-makers orchestrating Cannabis deals, investors and analysts, the experts behind cultivation ops in emerging markets and the multilevel executives in our industry often turn to a ...
Trump’s Tariffs Drive Up Costs for U.S. Cannabis Businesses
LOS ANGELES – President Donald Trump's expanded tariff regime, rolled out in stages since February, is delivering a sharp cost increase to the U.S. Cannabis sector, which depends heavily on imported components for cultivation, packaging, ...
Jushi Secures $4M in Revised FVCBank Loan
BOCA RATON – Jushi Holdings Inc. has adjusted the terms of its secured loan with FVCBank, gaining an extra $4 million in funding while pushing back the repayment deadline and trimming interest costs. The changes, ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
LEEF Brands Reports Q2 2025 Financial Results
VANCOUVER – LEEF Brands Inc. disclosed its second-quarter financials, showing steady revenue gains offset by squeezed margins and ongoing losses. The company reported $8.7 million in revenue for the period ended June 30, a 10% ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Porter’s Five Forces Unpack Cannabis Sector Pressures: Insights for 2025 Investors
LOS ANGELES – The boards of multi-state operators and decision-makers orchestrating Cannabis deals, investors and analysts, the experts behind cultivation ops in emerging markets and the multilevel executives in our industry often turn to a ...
Trump’s Tariffs Drive Up Costs for U.S. Cannabis Businesses
LOS ANGELES – President Donald Trump's expanded tariff regime, rolled out in stages since February, is delivering a sharp cost increase to the U.S. Cannabis sector, which depends heavily on imported components for cultivation, packaging, ...
Jushi Secures $4M in Revised FVCBank Loan
BOCA RATON – Jushi Holdings Inc. has adjusted the terms of its secured loan with FVCBank, gaining an extra $4 million in funding while pushing back the repayment deadline and trimming interest costs. The changes, ...
Michigan’s Cannabis Industry Soars, Surpassing the GDP of 51 Nations in 2023
LOS ANGELES— Michigan's cannabis industry closed 2023 on a high, establishing itself as a national leader in cannabis sales. The state's robust cannabis market sold nearly $3.06 billion worth of medical and adult-use cannabis last ...
Canadian Cannabis Market Updates: A New Regulatory Shift in Ontario’s Cannabis Retail Landscape
TORONTO- Announced on November 30 and implemented on January 1, Ontario's cannabis market witnessed a significant policy change, allowing one company to operate up to 150 recreational cannabis stores—a notable increase from the previous cap ...
Pentagon Responds to Rising Overdose Deaths with New Drug Policy Initiatives
LOS ANGELES- In an unprecedented move, the Department of Defense is set to implement a new policy in 2024 to address the escalating issue of drug overdoses within the United States military. This initiative, prompted ...
Federal Scientists Advocate for Reclassifying Cannabis to Schedule III
LOS ANGELES-In a significant shift in federal policy, scientists from the Health and Human Services (HHS) have recommended reclassifying cannabis from a Schedule I to a Schedule III substance, as revealed in recently unredacted documents. ...
Exploring Cannabinoids as a Potential Treatment Avenue for COVID-19 and Long-COVID
LOS ANGELES- In a groundbreaking development in the ongoing battle against COVID-19, a team of Canadian researchers has presented a comprehensive review that suggests a potential therapeutic role for cannabinoids. The study, entitled “Cannabinoids and ...
Belgium’s Drug Policy Reform: A Deliberate Move Toward Decriminalization Inspired by Portugal’s Model
BRUSSELS- Belgium is currently considering significant reforms in its drug policy, a move inspired by Portugal’s successful decriminalization model. Ine Van Wymersch, Belgium’s National Drug Commissioner and a former prosecutor, is advocating for the decriminalization of ...
California Cannabis Regulators Issue Health-Related Recalls on Products
LOS ANGELES- In a statement released on Wednesday, the DCC outlined the details of two separate recalls involving cannabis products. The recalls underscore ongoing regulatory vigilance in the burgeoning cannabis industry, particularly in California, a ...
New York Cannabis Control Board Approves Two More Operators for Recreational Market
NEW YORK — In a remarkably swift meeting on Friday, the New York Cannabis Control Board (CCB) made a significant decision, approving the transition of two additional multi-state operators (MSOs) from the medical to the ...
PSYC Corporation CEO Addresses Company Challenges and Future in Detailed Podcast Update
NEW YORK — PSYC Corporation , the parent company of Spotlight Media Corporation (SMC), a leader in media for emerging sectors like medicinal psychedelics, recently released a video podcast featuring CEO David Flores. The podcast, ...
Czech Republic Unveils Compromise Cannabis Regulation Draft Amid Diverse Political Views
PRAGUE— The Czech government recently released its anticipated draft regulations for cannabis cultivation and consumption on January 10, marking a significant, albeit tentative, step in cannabis policy reform. This draft, described as a "compromise version" ...
Washington D.C. Tightens Grip on Unlicensed Cannabis Gifting Shops with New Penalties
WASHINGTON — The Washington, D.C. District Council, in a decisive move, approved a measure on Tuesday to impose new penalties on unlicensed cannabis gifting shops. This bill, potentially effective this week, aims to regulate these ...
Thailand’s Backpedal on Cannabis: New Bill to Ban Recreational Use Amid Regulatory Challenges
WORLD- Thailand's journey with cannabis legalization has taken a sharp turn as the government proposes new regulations to curb what it perceives as unintended recreational use. A draft bill, introduced on January 9, aims to ...
Maine’s Cannabis Market Hits Record Highs
LOS ANGELES- The cannabis industry in Maine achieved a remarkable milestone in 2023, with retail revenues surpassing $200 million, despite a challenging backdrop of declining prices that have troubled operators. This surge represents a significant ...
Florida’s New Bill Proposes Limiting THC Potency
LOS ANGELES- In a significant move within the cannabis legislative landscape, Florida Representative Ralph Massullo introduced House Bill 1269, which proposes stringent limitations on THC potency in cannabis products. This bill, introduced on January 5 ...
VA to Explore Psychedelics for PTSD and Depression
LOS ANGELES- In a groundbreaking move, the Department of Veterans Affairs (VA) is funding research into the therapeutic potential of psychedelics for treating mental health conditions like post-traumatic stress disorder (PTSD) and depression in veterans. ...
Maine’s Booming Cannabis Market Faces Challenges Amid Falling Prices
LOS ANGELES— Maine's regulated adult-use cannabis industry recorded over $200 million in sales in 2023, marking a significant 36% increase from the previous year. Despite these robust figures, released by the state Office of Cannabis ...
DEA Clarifies Legality of Psychedelic Mushroom Spores, Highlighting Regulatory Complexities
WASHINGTON, D.C. — The U.S. Drug Enforcement Administration (DEA) recently provided a crucial clarification on the legal status of psychedelic mushroom spores. According to a statement from Terrence Boos, Chief of the DEA's Drug and ...
West Virginia Eyes Cannabis Legalization in Fight Against Fentanyl Crisis
NEW YORK— As West Virginia's legislative session unfolds, the topics of cannabis legalization and the fentanyl crisis are taking center stage. Senate President Craig Blair, speaking at a press event on January 5, indicated that ...
Over 2.3 Million Cannabis Convictions Pardoned in U.S. Since 2018
LOS ANGELES- In a significant move towards criminal justice reform, U.S. state courts have pardoned or expunged over 2.3 million cannabis-related convictions since 2018, with about half a million cases resolved in the last year ...
Ohio Governor Advocates for Ban on Intoxicating Hemp Products Amid Cannabis Regulation Efforts
LOS ANGELES— Ohio Governor Mike DeWine has urged state legislators to ban hemp-derived cannabinoids, including delta-8 THC, citing potential risks to children. The call for legislative action comes as Ohio prepares to navigate the complexities ...
Florida Bill Proposes THC Limits in Cannabis Amid Legalization Debates
LOS ANGELES- In a move that could significantly impact the cannabis industry in Florida, State Representative Ralph Massullo has introduced a bill proposing to limit the potency of THC in cannabis products. This legislative effort ...
Canopy Growth Secures US$30 Million in Private Placement to Bolster Liquidity and Reduce Debt
NEW YORK – In a significant move to strengthen its financial position, Canopy Growth Corporation, a leading North American cannabis and consumer packaged goods company, has announced a major private placement offering. On January 9, ...
Tilray Brands Q2 Report Amid Cannabis and Beverage Expansion
LOS ANGELES- Tilray Brands, Inc., Cannabis and consumer packaged goods industries, has announced its financial results for the second quarter of fiscal year 2024, ended November 30, 2023. The company has reported a record net ...
Germany’s Path to Cannabis Legalization: A Potential Boon for Global Markets and U.S. Investors
BERLIN — Germany's recent announcement to legalize recreational cannabis use for adults has set the stage for what is expected to be a multi-billion dollar market, sparking significant interest from investors, companies, and countries worldwide, ...
MAPS Public Benefit Corporation Secures Over $100 Million for Groundbreaking PTSD Therapy
LOS ANGELES- MAPS Public Benefit Corporation a key player in mental healthcare innovation, has announced an oversubscribed Series A financing round, raising over $100 million. This significant funding milestone, which includes conversion of previously issued ...
