Legal Affairs
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Big Pharma stopped dipping its toe and dove in headfirst. A $3.8 billion psychedelic acquisition closed. A hostile Cannabis takeover escalated into a full public war of facts and figures, with a ...
Safe Harbor Equity & Highly Capitalized Network Announce Strategic Capital Advisory & Investor Outreach Partnership
LOS ANGELES — September 8, 2026 — Safe Harbour Equity, Inc. and Highly Capitalized Network-HCN today announced a strategic partnership to help carefully selected companies strengthen their investment propositions, reach qualified investors and build the ...
Vireo Growth Settles Altmore Claim with Share Issuance
MINNEAPOLIS – Vireo Growth Inc. announced that it will issue 462,963 subordinate voting shares as part of a settlement with SHWZ Altmore, LLC and Altmore Debt I, LP – the entities the company collectively refers ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming guidance for sequential growth in net revenue and adjusted EBITDA in fiscal Q2 2027. The company cited the integration of Safari Flower Company and continued ...
Aurora and Curaleaf Trade Statements in Ongoing Bid Dispute
EDMONTON - STAMFORD – Aurora Cannabis and Curaleaf Holdings continued their public exchange over Curaleaf’s unsolicited takeover offer for the Canadian medical Cannabis company. Aurora issued a statement responding to Curaleaf’s regulatory filing, while Curaleaf ...
Definium Achieves Second Positive Phase 3 for GAD
NEW YORK – Definium Therapeutics Inc. released topline data from its second pivotal Phase 3 trial (Panorama study) of DT120 in generalized anxiety disorder (GAD), adding to earlier positive findings in the same indication and ...
High Tide Reports Q3 2026 Financial Results
CALGARY – High Tide Inc. posted revenue of $198.8 million for the three months ended July 31, 2026, a 33% increase from the same period last year and the fifth consecutive quarterly record. Gross profit ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Big Pharma stopped dipping its toe and dove in headfirst. A $3.8 billion psychedelic acquisition closed. A hostile Cannabis takeover escalated into a full public war of facts and figures, with a ...
Safe Harbor Equity & Highly Capitalized Network Announce Strategic Capital Advisory & Investor Outreach Partnership
LOS ANGELES — September 8, 2026 — Safe Harbour Equity, Inc. and Highly Capitalized Network-HCN today announced a strategic partnership to help carefully selected companies strengthen their investment propositions, reach qualified investors and build the ...
Vireo Growth Settles Altmore Claim with Share Issuance
MINNEAPOLIS – Vireo Growth Inc. announced that it will issue 462,963 subordinate voting shares as part of a settlement with SHWZ Altmore, LLC and Altmore Debt I, LP – the entities the company collectively refers ...
Glass House Brands Opens New Equity Window With $100M ATM Program
LONG BEACHㆍTORONTO – Glass House Brands filed a new short form base shelf prospectus with securities regulators across all Canadian provinces and territories, replacing an earlier version that was due to expire on June 17. ...
Global CBD Isolate Market Set to Nearly Triple by 2033
LEWES – The global market for CBD isolate, the purified form of cannabidiol that contains no THC or other cannabinoids, stands out for its versatility in product formulation. According to the latest analysis by Verified ...
Seed Junky Genetics Enters European Medical Cannabis Markets
LOS ANGELES – Seed Junky Genetics, the Cannabis genetics and intellectual property (IP) company, announced a licensing partnership with Green Success Group to enter the European medical Cannabis market, with a coordinated launch across Germany ...
Trulieve Announces Share Buyback Program
TALLAHASSEE – Trulieve Cannabis Corp. announced that its Board of Directors has authorized a share repurchase program, allowing the company to buy back up to the lesser of $50 million in aggregate value or 8,495,038 ...
Michigan Cannabis Wholesale Tax Falls Short of Early Expectations
LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...
Village Farms Launches Cultivation at Its Second Dutch Facility
GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...
Cresco Labs Secures $50M Revolving Credit Facility
CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...
FundCanna: Institutional Money (Finally) Finds Cannabis
LOS ANGELES – For years, Cannabis operators have built real businesses without access to the financial infrastructure that real businesses normally rely on. That may finally be starting to change. A San Diego-based Cannabis lender ...
Cross-Border Deals Now Define Cannabis M&A
LOS ANGELES – The global Cannabis industry has entered a new phase, one where the most influential deals are no longer being struck in North America, but across continents. The month of June kicked off ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Highly Capitalized Network-HCN tracked meaningful steps in operational strengthening, capital readiness, and program performance across the Cannabis and Psychedelics sectors during the past two weeks. The capital markets finally spoke, and they ...
Trulieve Approved to Uplist to NYSE in Historic Milestone for U.S. Cannabis Industry
TALLAHASSEE, Fla. — June 5, 2026 — In a landmark moment for the U.S. Cannabis industry, Trulieve Cannabis Corp. announced today that it has received approval to list its subordinate voting shares on the New ...
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical trial showed that psilocybin significantly reduced cocaine use when combined with structured psychotherapy. The findings, published in JAMA Network Open by researchers at the University ...
Lawmakers Press IRS for Clear Tax Rules on State-Legal Cannabis Operations
WASHINGTON – Rep. Steven Horsford (D) and Rep. Steve Cohen (D) led a letter to Treasury Secretary Scott Bessent and IRS Chief Executive Officer Frank Bisignano, urging the administration to provide clear, timely guidance for ...
FundCanna Launches Free Dispensary Inventory Calculator
SAN DIEGO – Cash flow has always been the structural fault line running beneath Cannabis retail. Operators juggle compressed margins, limited banking access, and pricing pressure from a market that hasn't stopped softening. Yet, one ...
Young Japanese Are Turning to Cannabis at Record Rates
TOKYO – The numbers released by Japan's National Police Agency (NPA) are striking by any measure. Japanese police investigated a record 6,832 individuals in Cannabis-related cases in 2025, up 754 from the previous year. The ...
Kentucky Governor Expands Medical Cannabis Eligibility
FRANKFORT – Kentucky Gov. Andy Beshear signed an executive order directing the state's Office of Medical Cannabis to issue emergency regulations adding 15 new qualifying conditions to the program, more than doubling the original list ...
Abstrax Earns Spot on Fast Company’s Most Innovative Companies List
IRVINE – Abstrax, the botanical flavor science company that built its foundation on essential oils and Cannabis terpene research, has been named to Fast Company's 2026 list of the World's Most Innovative Companies, placing fifth ...
AYR Wellness Hands Off Three More States to Arboretum
MIAMI – AYR Wellness Inc. has completed the transfer of its Cannabis operations in Florida, New Jersey, and Nevada to wholly-owned subsidiaries of Arboretum Bidco LLC, the entity established by its senior secured noteholders to ...
Vireo Growth Initiates Share Consolidation
MINNEAPOLIS – Vireo Growth Inc. continues to adjust its capital structure as it integrates recent acquisitions and positions itself among larger players in the U.S. Сannabis market. The company announced it will consolidate its multiple ...
Verano Consolidates Shares Ahead of U.S. Exchange Listing
CHICAGO – Verano Holdings Corp. announced that its Board of Directors has approved a 1-for-5 reverse stock split of the company's common stock, with the consolidation expected to take effect on or about June 11, ...
Argentina Lawmakers Float Full Cannabis Legalization Plan
BUENOS AIRES – Argentina's lower house of Congress received a comprehensive Cannabis legalization bill, introduced by left-wing national deputies Myriam Bregman and Nicolás del Caño. The legislation would make Cannabis and all its derivatives fully ...
Glass House Brands Wraps Up Warrant Redemption
LONG BEACH – Glass House Brands Inc. confirmed that it has completed the redemption of all remaining warrants originally issued under a warrant agency agreement dated May 13, 2019, with Odyssey Trust Company serving as ...
Oregon Completes First Full Year of Psilocybin Services Data Collection
SALEM – Oregon Psilocybin Services (OPS) has wrapped up its 2025 quarterly reporting, giving the public its clearest view yet of how the state's regulated program performed over a full calendar year. Psychedelic Alpha released ...
California Cannabis Delivered Steady Tax Dollars in Q1 2026
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) reported that legal Cannabis retailers generated close to $248 million in combined tax revenue during the first three months of 2026. As of May ...
Vireo Growth Completes Purchase of Leased NY Cannabis Facility
MINNEAPOLIS – Vireo Growth Inc. has completed the acquisition of its Johnstown, New York Cannabis production facility from Innovative Industrial Properties, Inc., paying $88.5 million for the 389,000-square-foot cultivation and production site previously held under ...
