Legal Affairs
Alabama Tightens Hemp Laws, Moves Medical Cannabis Licenses Forward
MONTGOMERY – Alabama regulators ushered in 2026 with a crackdown on unregulated hemp products containing THC, while inching closer to launching a long-delayed medical Cannabis program that could serve thousands of patients by spring. The ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Federal rescheduling under President Trump’s Executive Order sparked widespread state reactions and investor outlooks into early 2026, blending consolidations and expansions with regulatory friction, outright manipulation, and overtures to public opinion. Psychedelics ...
NY Cannabis Retailers Double in Number, Push Total Sales Past $2.5B Mark
NEW YORK – New York state's licensed Cannabis dispensaries grew to 556 outlets by the end of 2025, more than twice the 261 operating a year earlier, as adult-use sales crossed the $2.5 billion threshold ...
ANTG Inks Deal with Curaleaf to Supply Medical Cannabis for UK Patients
LONDON – Australian Natural Therapeutics Group, a leading cultivator of pharmaceutical-grade Cannabis, has reached an agreement with Curaleaf Laboratories to bring its products to British patients, marking a cross-continental push into Europe's second-largest medical Cannabis ...
Trump Signs Funding Measure Ending Historic 43-Day Government Shutdown, Bans Hemp-Derived THC Products
WASHINGTON – President Donald Trump signed a bipartisan spending package that reopens the federal government after a 43-day impasse, marking the longest such closure in American history. Tucked into the legislation, however, are new limits ...
Opinion: Lean In? Sometimes You Have To Lean Out
LOS ANGELES- For years, women have been told that if we want to succeed, we need to “lean in.” Work twice as hard to get half as much. Push through. Prove ourselves. Be unstoppable. And ...
OPINION: Careful What You Wish For, You Might End Up With A 12-Inch Pianist
LOS ANGELES- The regulated cannabis industry should be collectively objecting to the language in the Big Beautiful Bill that effectively makes intoxicating hemp products illegal in 12 months. They should be screaming from the roof ...
Alabama Tightens Hemp Laws, Moves Medical Cannabis Licenses Forward
MONTGOMERY – Alabama regulators ushered in 2026 with a crackdown on unregulated hemp products containing THC, while inching closer to launching a long-delayed medical Cannabis program that could serve thousands of patients by spring. The ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Federal rescheduling under President Trump’s Executive Order sparked widespread state reactions and investor outlooks into early 2026, blending consolidations and expansions with regulatory friction, outright manipulation, and overtures to public opinion. Psychedelics ...
NY Cannabis Retailers Double in Number, Push Total Sales Past $2.5B Mark
NEW YORK – New York state's licensed Cannabis dispensaries grew to 556 outlets by the end of 2025, more than twice the 261 operating a year earlier, as adult-use sales crossed the $2.5 billion threshold ...
Arkansas Attorney General Calls for Revisions to Medical Cannabis Expansion Initiative
LOS ANGELES- In a significant development impacting Arkansas' medical cannabis landscape, the state's Attorney General Tim Griffin has called for revisions to a proposed ballot initiative aimed at expanding the state’s medical cannabis program. This ...
FSD Pharma Bolsters Board and Enhances Market Strategy with New Appointments and Partnerships
LOS ANGELES- FSD Pharma, a player in the biopharmaceutical industry with a focus on innovative assets and biotech solutions, announced a significant change in its leadership and strategic partnerships. Dr. Sanjiv Chopra, a renowned figure ...
South Dakota Senate Committee Halts Bill Limiting Medical Cannabis Access
LOS ANGELES- In a significant turn of events, the South Dakota Senate Health and Human Services Committee, with a decisive vote of 5-2, chose to halt proceedings on a bill that threatened to restrict medical ...
Connecticut Liquor Stores Utilize Legal Loophole to Sell THC-Infused Beverages
LOS ANGELES- In a surprising turn of events, Connecticut liquor stores have begun selling THC-infused seltzers by leveraging a legal loophole in the state's cannabis laws. This development, as reported by CT Insider, involves adjusting ...
Led Lighting Helps Brighten Cultivators’ Financial Statements
Tightening down a business’s expenses and reducing its tax burden is a lot like the correct captaining of a sailboat. Once you’ve got your boat pointed in the direction you want it to go, you ...
Cannabis Companies Can Save Millions With One Tax Code Section
LOs ANGELES --At cannabis accountants, 420CPA, they like to highlight cutting-edge advisors we work with closely. Here’s a recent article from Bloomberg.com by Michelle Mabugat and Zackary Nolan of the L.A. law firm Greenberg Glusker. The piece ...
Kansas Advocates Push for Medical Cannabis Legalization
LOS ANGELES- In a recent online meeting, advocacy groups in Kansas intensified their call for the legalization of medical cannabis, highlighting personal stories and the urgency for legislative action. The meeting, originally planned as a ...
Review: Beard Bros Friday Sesh Live Event: Los Angeles
LOS ANGELES-The Beard Bros Pharms Friday Sesh Live event held in the scenic confines of an undisclosed venue by the sea in Malibu was an immersive dive into the heart of California's cannabis industry. Despite ...
Psyence Biomedical Merges with Newcourt, Listing and Raising US$10 Million for Clinical Trials
LOS ANGELES- Psyence Biomedical Ltd. a subsidiary of Psyence Group Inc, has successfully completed a merger with Newcourt Acquisition Corp (“Newcourt”), a special purpose acquisition company. This business combination, which received approval from Newcourt’s stockholders ...
Federal Investigation Uncovers Lax Pharmaceutical Practices in Trump’s White House Medical Unit
LOS ANGELES- A recent federal investigation has unearthed troubling findings regarding the White House Medical Unit's handling of prescription drugs during the Trump administration. The Department of Defense's 80-page report, released on January 8, reveals ...
Canopy Growth Secures US$35 Million in Private Placement to Bolster Liquidity and Reduce Debt
LOS ANGELES – Canopy Growth Corporation, a player in the cannabis industry, has announced an upsized private placement deal that aims to fortify the company's financial standing. The agreement, confirmed on January 18, 2024, involves ...
M&A in Cannabis: A Guide for Buyers and Sellers
Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021, and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers ...
DankCan Dispensary: A Comprehensive Cannabis Retailer Turnaround in Michigan
Introduction: The Challenge The market began to mature, after the first few years of operations, and they were unprepared for what was to come. Market prices for retail cannabis dropped due to competition as many ...
A 39-Item Tax and Accounting Year-End Checklist for Your Small Business
Keeping your accounting records up to date all year long is essential for any business so you can see exactly where your business stands and be able to make thoughtful decisions based on clean numbers. ...
Transfer Pricing Is an Often-Overlooked Necessity in Cannabis
Cannabis industry participants face a tough battle under a litany of regulations that may not change much in the near future. Transfer pricing rules must be considered and acted on properly to avoid even more ...
Broad Support in Canada for Psilocybin Use in Palliative Care, New Study Reveals
LOS ANGELES — A recent Canadian study, published in the medical journal Palliative Medicine, has revealed significant public support for the use of psilocybin, a psychedelic compound, in treating existential dread among end-of-life patients. Conducted by ...
Maine Considers Legalizing Cannabis Social Clubs Amid Public Health Concerns
LOS ANGELES- Maine legislators are currently deliberating on a significant bill that could pave the way for the establishment of cannabis social clubs and authorize on-site consumption at dispensaries. This initiative, highlighted in a recent ...
PharmAla Launches “MDXXF” Ticker Amid MDMA Research
LOS ANGELES- PharmAla Biotech Holdings Inc., a biotechnology company specializing in the research, development, and manufacturing of novel MDMA derivatives (MDXX class molecules), has announced the introduction of its new OTC ticker symbol, "MDXXF." This ...
FinCEN’s Corporate Transparency Act Has Arrived
NEW YORK- Enacted by Congress in 2021, the Corporate Transparency Act (CTA) went into effect on January 1, 2024 and affects more than 30 million American small businesses1 and many smaller foreign companies doing business ...
Organigram Advances in Cannabis Market with Strategic British American Tobacco Investment
LOS ANGELES- Organigram Holdings Inc., a significant player in the cannabis industry, has successfully closed the first tranche of a substantial investment from British American Tobacco's subsidiary, BT DE Investments Inc. This move marks a ...
Ohio Cannabis Market Faces Challenges Amid Optimism for Adult-Use Expansion
LOS ANGELES- Ohio's medical cannabis market, one of the nation's most strictly regulated, showed signs of plateauing in 2023, with an increase of just 1.2% in annual sales compared to the previous year. This marks ...
New Jersey Moves Forward with Cannabis Consumption Lounge Regulations
LOS ANGELES- The New Jersey Cannabis Regulatory Commission (CRC) is taking significant strides in the realm of cannabis consumption with the unanimous approval of regulations for consumption lounges, a pivotal development in the state's cannabis ...
Revive Therapeutics Announces $3 Million Private Placement for Clinical and Operational Advancements
Revive Therapeutics Ltd. a prominent player in the biopharmaceutical sector, has recently announced its plan to initiate a significant private placement to fuel its ongoing and future projects. This strategic move, aimed at garnering up ...
Indiana Residents Lean Toward Cannabis Legalization, New Poll Indicates
LOS ANGELES- As Indiana's legislators convene for a new session, the topic of cannabis legalization takes a prominent place in the agenda, bolstered by recent findings from the 2023 Hoosier Survey. Conducted by the Bowen ...
Study: Medical Cannabis Associated With Symptom Improvements In Patients With Major Depressive Disorder
ESSEN, Germany- A new study published in The Journal of Pharmacopsychiatry, reveals a link between the use of medical cannabis products and decreased levels of depression. German researchers investigated the use of medical cannabis in ...
