Legal Affairs
Cannabis Distributors Kiva Sales & Service and Petalfast Sign Letter of Intent to Combine
OAKLAND – Kiva Sales & Service (KSS), a leading sales and distribution agency focused on California’s Cannabis market, signed a letter of intent to combine operations with Petalfast, a national platform known for sales, distribution ...
New York Senate Health Committee Advances Bill for Out-of-State Medical Cannabis Access
ALBANY – The New York State Senate Health Committee approved legislation that would recognize medical Cannabis certifications from other states, granting those patients access to New York dispensaries under specific conditions. The measure, Senate Bill ...
High Tide Reports Q1 2026 Financial Results
CALGARY - High Tide Inc. released its financial results for the first quarter ended January 31, 2026, underscoring steady progress in its Canadian stores and its expanding medical Cannabis distribution business in Germany. High Tide ...
Organigram Strikes Deal to Acquire Sanity Group
TORONTO-BERLIN – Organigram Global Inc. has signed a definitive agreement to purchase the remaining shares of Berlin-based Sanity Group GmbH that it does not already hold. The transaction builds on Organigram's earlier minority stake and ...
Innovia Consulting Acquires 365 Cannabis
ONALASKA – Innovia Consulting, a longtime provider of Microsoft Dynamics 365 Business Central services, has acquired 365 Cannabis along with its sister entity 365Vertical. The deal brings in two Microsoft partners that focus on customized ...
New 2026 Farm Bill Draft Targets Industrial Hemp Burdens
WASHINGTON – House Agriculture Committee Chairman Glenn Thompson (R-PA) introduced a new Farm Bill draft (Farm, Food, and National Security Act of 2026), proposing changes that would ease certain federal requirements for industrial hemp growers. ...
Compass Pathways Advances in Second Phase 3 Trial for Psilocybin-Assisted TRD
LONDON – Compass Pathways PLC ADR, a UK-based mental health biotech company, announced that its second Phase 3 trial met the primary endpoint in evaluating COMP360, a synthetic formulation of psilocybin, for treatment-resistant depression (TRD). ...
Cannabis Distributors Kiva Sales & Service and Petalfast Sign Letter of Intent to Combine
OAKLAND – Kiva Sales & Service (KSS), a leading sales and distribution agency focused on California’s Cannabis market, signed a letter of intent to combine operations with Petalfast, a national platform known for sales, distribution ...
New York Senate Health Committee Advances Bill for Out-of-State Medical Cannabis Access
ALBANY – The New York State Senate Health Committee approved legislation that would recognize medical Cannabis certifications from other states, granting those patients access to New York dispensaries under specific conditions. The measure, Senate Bill ...
High Tide Reports Q1 2026 Financial Results
CALGARY - High Tide Inc. released its financial results for the first quarter ended January 31, 2026, underscoring steady progress in its Canadian stores and its expanding medical Cannabis distribution business in Germany. High Tide ...
Expansion of Japan’s Cannabis Market
LOS ANGELES- The cannabis market in Japan has shown remarkable growth from $26.3 million in 2019 to $173.8 million in 2023. This growth, detailed in a report by Euromonitor International, reflects a burgeoning demand for ...
Heritage Cannabis Seeks Creditor Protection
LOS ANGELES-Heritage Cannabis Holdings Corp. has sought creditor protection, reflecting broader financial distress within Canada’s adult-use cannabis market. The Ontario Superior Court of Justice approved the creditor protection under the Companies' Creditors Arrangement Act (CCAA), ...
Minnesota House Advances Social Equity in Cannabis Licensing
LOS ANGELES- The Minnesota House of Representatives has passed significant amendments to the state's adult-use cannabis program, focusing on enhancing social equity in cannabis licensing. The changes were detailed in a recent MinnPost report and ...
Adjustments to Federal Drug Testing Guidelines Proposed
NEW YORK- The Department of Health & Human Services is considering revisions to the federal drug testing panels, as detailed in a recent Federal Register publication. The proposed adjustments include the addition of fentanyl to ...
Canopy Growth Corp Expands into U.S. Cannabis Market
LOS ANGELES- Canopy Growth Corp, a Canada-based cannabis company, has secured approval from its shareholders to venture into the American cannabis market via its newly established subsidiary, Canopy USA. This strategic move involves a novel ...
Strategic Merger: Nature’s Miracle and Agrify Unite in Controlled Environment Agriculture
LOS ANGELES- Nature's Miracle Holding Inc., a vertical farming technology, has successfully completed its acquisition of Agrify Corporation, a provider of advanced cultivation and extraction solutions. This merger positions the combined entity at the forefront ...
North Carolina’s First Medical Cannabis Dispensary Opens
NEW YORK- North Carolina witnessed the opening of its first medical cannabis dispensary on April 20, a significant event as it marks the only legal, regulated, and safe sale of cannabis within the state. Located ...
Governor Pritzker Campaigns for Biden, Highlighting Cannabis Policy and Political Strategy
LOS ANGELES- Illinois Governor J.B. Pritzker campaigned for President Joe Biden in Grand Rapids, Michigan, using the occasion of the 420 cannabis holiday to discuss the economic benefits of cannabis legalization. Pritzker highlighted the positive ...
U.S. and State Legislators Address Diverse Cannabis-Related Issues
LOS ANGELES- Recent legislative developments across the United States reflect a broad spectrum of approaches to cannabis-related issues, from medical use and public safety to regulatory and expungement processes. These actions signify ongoing, nuanced dialogues ...
Kentucky to Initiate Medical Cannabis License Lottery
LOS ANGELES- In a significant step towards the establishment of its medical cannabis program, Kentucky Governor Andy Beshear announced plans for a lottery to allocate the state's initial medical cannabis business licenses. Scheduled for October, ...
New York to Strengthen Enforcement Against Illicit Cannabis Sales
LOS ANGELES- Governor Kathy Hochul, alongside New York City Mayor Eric Adams and other state officials, announced a comprehensive five-point plan to address the unlicensed cannabis market in New York. This announcement, made on Friday, ...
Uncertainty Looms Over Florida’s Cannabis Legalization Vote
LOS ANGELES- Florida is approaching a pivotal moment as it prepares to vote on the legalization of recreational cannabis in November. Current polling data suggests a tight race towards achieving the required 60% supermajority needed ...
Expansion of Cannabis Licensing Continues in New York
LOS ANGELES- New York State is progressing in its efforts to expand the cannabis industry, with the Cannabis Control Board (CCB) approving an additional 101 adult-use cannabis licenses, bringing the total for 2024 to 403. ...
Kentucky Advances Medical Cannabis Licensing Schedule
NEW YORK- Kentucky Governor Andy Beshear has signed House Bill 829 into law, accelerating the schedule for the state's medical cannabis licensing to July this year from the previously set January next year. This move ...
Massachusetts Dispenses Social Equity Grants to Cannabis Businesses
LOS ANGELES- Governor Maura Healey of Massachusetts has allocated grants amounting to $2,350,000 to 50 cannabis social equity companies across 28 communities, utilizing funds from the state's Cannabis Social Equity Trust Fund (CSETF). This initiative ...
Colorado Senate Passes Stringent Digital Content Bill on Cannabis and Other Substances
LOS ANGELES- The Colorado Senate recently approved SB24-158, legislation aimed at intensifying regulations on social media content concerning cannabis, psychedelics, and hemp products. This bill, met with a significant debate over free speech and the ...
Michigan Cannabis Sales Hit New Record in March 2024
LOS ANGELES- The Michigan Cannabis Regulatory Agency (CRA) announced a new record in adult-use cannabis sales for March 2024, totaling $286.8 million. This figure represents 99% of the state's cannabis sales, with flower products leading ...
Illinois Legislation Targets Ban on Intoxicating Hemp Products
LOS ANGELES- In a recent legislative move in Illinois, lawmakers have proposed a ban on intoxicating hemp products, including delta-8 THC. This initiative aligns with broader efforts to implement tighter controls on the hemp industry ...
North Dakota Seeks to Revive Adult-Use Cannabis Initiative for November Ballot
LOS ANGELES- In North Dakota, cannabis advocates are rallying to place an adult-use cannabis question on the ballot for the upcoming November general election. The initiative, led by former Bismarck mayor and current Burleigh County ...
Cannabis Legalization in North Carolina
LOS ANGELES- In North Carolina, the path to legalizing recreational cannabis remains uncertain, with recent legislative efforts failing to achieve the necessary bipartisan support. The state's cautious approach, especially the lack of Republican backing, highlights ...
California Advances Regulated Psychedelic Therapy Bill
LOS ANGELES- California's legislative body has taken a significant step towards the formal integration of psychedelic therapy into medical practice with the Senate Business, Professions and Economic Development Committee's recent approval of Senate Bill 1012. ...
U.S. House Committee Advances Cannabis and Psychedelics Research Bills for Veterans
NEW YORK- The House Committee on Veterans' Affairs has recently passed two significant bills concerning the use of cannabis and psychedelics for veterans, gaining unanimous support among the committee members. The proposals, reported by Marijuana ...
Missouri Records $125M in Cannabis Sales for March
LOS ANGELES- Missouri has achieved a new milestone in cannabis sales, registering a record-breaking $124.7 million in combined medical and adult-use cannabis sales for March, as reported by the Division of Cannabis Regulation (DCR). This ...
Cybin Inc. Secures Patent for Psychedelic-Based Depression Treatment
LOS ANGELES- Cybin Inc., a biopharmaceutical company dedicated to improving mental healthcare through psychedelic-based therapies, has announced the granting of a new U.S. patent for its CYB003 program, aimed at treating Major Depressive Disorder (MDD). ...
New York Accelerates Cannabis Licensing
NEW YORK- New York has issued over 400 adult-use cannabis licenses this year, a significant step as the state addresses the slow initial rollout that led to widespread unlicensed dispensaries. The state Cannabis Control Board ...
