Legal Affairs
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 ...
Ownership Disclosure and 25% Change-of-Control Triggers: How Virginia Will Scrutinize Your Cap Table
VIRGINIA- Ownership transparency and anti-concentration controls remain central to Virginia’s adult-use legislation. Beneficial ownership disclosure requirements capture layered structures and indirect control arrangements. Transfers require Board approval, generally triggered at 25 percent ownership changes within ...
February Cannabis Haul Tops $9M in Rhode Island
PROVIDENCE – The regulated Cannabis market in Rhode Island recorded $9.32 million in total sales in February 2026, which is about a 4% increase from the $8.98 million tallied in February 2025, according to figures ...
Alcohol Sales Slide as Cannabis Brings in $2.5B for Canada
OTTAWA – Federal and provincial governments in Canada collected $2.5 billion from recreational Cannabis in the fiscal year 2025, marking an 11.5% increase from the prior year. This growth in Cannabis-related earnings contrasts with ...
ANALYSIS: When Oil Spikes, Cannabis Feels It Too
NEW YORK–Energy markets reacted immediately following the U.S.-Israeli strike on Iran. The operation — named by the Department of War (formally the U.S. Department of Defense)— raised fears of disruption to energy flows through the ...
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 ...
Copy of BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
Washington Enacts Law Safeguarding Off-Duty Cannabis Use by Job Applicants
NEW YORK— In a significant move for employment law, Washington State has implemented a new statute, Senate Bill 5123, effectively protecting job applicants from discrimination based on their off-duty cannabis use. Signed by Governor Jay ...
Tennessee Hemp Industry Faces Potential Setback from New Regulatory Proposals
LOS ANGELES- Tennessee's burgeoning hemp industry is confronting potential challenges due to new regulatory proposals by the state's Department of Agriculture. Business owners and growers within the state are voicing concerns that these new rules, ...
atai Life Sciences Reveals Promising Results from EMP-01 Phase 1 Study
NEW YORK- atai Life Sciences, a clinical-stage biopharmaceutical company, has announced encouraging results from its Phase 1 study of EMP-01, an orally administered R-enantiomer of MDMA. This study, a significant step in the company's mission ...
Oakland Tragedy Highlights Urgent Need for Federal Cannabis Policy Reform
LOS ANGELES- A somber mood envelops the Oakland Police Department following the tragic death of Officer Tuan Le, who was fatally shot while responding to a burglary at a cannabis dispensary. The incident underscores a ...
Virginia’s Legislative Shift: A New Hope for Adult-Use Cannabis Sales
NEW YORK- The political landscape in Virginia is undergoing a significant transformation as Democrats regain full control of the General Assembly, bringing renewed optimism for the launch of an adult-use cannabis market. This development comes ...
Anticipating Pivotal Changes: The U.S. Cannabis Industry’s Path in 2024
NEW YORK- The U.S. cannabis industry stands at a pivotal juncture as it anticipates the Drug Enforcement Administration's (DEA) next step in the long-awaited rescheduling process. This move, set to unfold in 2024, could mark ...
Alberta Introduces Progressive Cannabis Regulations to Boost Market and Consumer Access
LOS ANGELES- In a landmark move, Alberta, Canada, has announced new regulations set to invigorate the cannabis industry within the province, signaling a significant shift in the landscape of legal cannabis since its nationwide legalization ...
Johns Hopkins Launches Pioneering Study on Medical Cannabis with $10 Million Grant
LOS ANGELES- In a significant development in the realm of medical cannabis research, Johns Hopkins University School of Medicine has embarked on an ambitious project to track 10,000 medical cannabis patients across the United States. ...
Australia’s First Psychedelic-Assisted Therapy Clinic Receives Key Endorsement, Paving Way for Innovative Mental Health Treatments
NEW YORK- In a significant milestone for mental healthcare in Australia, Incannex Healthcare Ltd's subsidiary, Clarion Clinics, has received the Human Research Ethics Committee (HREC) endorsement for its pioneering psychedelic-assisted therapy clinic in Melbourne. This ...
Nevada Enacts Landmark Legislation Expanding Cannabis Possession Limits and Easing Industry Restrictions
LOS ANGELES- In a significant development for the cannabis industry, Nevada has ushered in the new year with groundbreaking changes to its cannabis laws. Senate Bill 277, enacted on January 1, marks a substantial shift ...
Cherokee Tribe Sets Precedent in North Carolina with Medical Cannabis Legalization
LOS ANGELES- In a landmark move, the Cherokee tribe in North Carolina has utilized its sovereignty to legalize medical cannabis within its territory, paving the way for significant economic and healthcare changes in the region. ...
Pennsylvania Advances Fair Competition in Medical Cannabis with SB 773
NEW YORK- Governor Josh Shapiro has signed into law SB 773, a bill poised to revolutionize Pennsylvania's medical cannabis market by promoting fair competition and challenging the dominance of major multistate operators (MSOs). This legislation ...
Alabama’s Medical Cannabis Licensing Faces Legal Challenges
NEW YORK- The Alabama Medical Cannabis Commission (AMCC) finds itself at the center of a legal storm today as several companies challenge the process and decisions made in awarding medical cannabis licenses in the state. ...
Arizona Launches First Cannabis Justice Reinvestment Grants
NEW YORK- In a landmark move, the Arizona Department of Health Services (ADHS) has announced the inaugural recipients of the Justice Reinvestment Grants, funded by the state's cannabis sales tax revenue. This initiative, stemming from ...
Missouri’s Cannabis Microbusiness License Program Under Scrutiny Amid Ineligibility and Exploitation Concerns
NEW YORK– Missouri's well-intentioned microbusiness license program, designed to foster diversity and inclusion in the burgeoning cannabis industry, is now facing significant scrutiny. Recent findings have revealed a disturbing trend of ineligible applicants receiving licenses, ...
Florida Medical Cannabis Home Grow Initiative Withdrawn Amid Signature Shortfall
NEW YORK– A grassroots effort to legalize home cultivation of cannabis for medical patients in Florida has come to a halt. The initiative, spearheaded by cannabis activist Moriah Barnhart and her group Wise and Free, ...
Filament Health and Jupiter Acquisition Corp. Call Off Merger
NEW YORK- – In a significant shift in the business landscape, Filament Health Corp. (OTCQB: FLHLF) (NEO: FH) and Jupiter Acquisition Corp. (Nasdaq: JAQC) have mutually decided to terminate their business combination agreement. This decision was ...
Ghana Joins Growing List of African Nations Legalizing Cannabis for Medical and Industrial Use
WORLD- Ghana has recently taken a significant step in cannabis reform by legalizing its cultivation for medical and industrial purposes. This decision, made by the Parliament earlier this month, positions Ghana in line with a ...
Ontario’s Cannabis Wholesaler Under Scrutiny for Large Cash Reserves
NEW YORK- Ontario's government-owned cannabis wholesaler, the Ontario Cannabis Store (OCS), has recently garnered attention for its substantial cash reserves, raising questions about financial transparency and operational efficiency within the burgeoning industry. As of March ...
Massachusetts Eases ‘Two Agent Rule’ for Cannabis Deliveries, Boosting Industry Efficiency
LOS ANGELES- In a significant development for the cannabis industry in Massachusetts, the state's Cannabis Control Commission (CCC) has voted to amend the longstanding "Two Agent Rule" for cannabis deliveries. This decision marks a pivotal ...
Global Recreational Cannabis Market on Track to Reach $50 Billion by 2027, Report Finds
LOS ANGELES- In a significant development for the global cannabis industry, a recent report from Prohibition Partners, a leading U.K.-based cannabis data, media, and technology firm, projects a dramatic expansion in the worldwide market for ...
Revive Therapeutics Ltd. Announces Key Decisions and Appointments at Annual Shareholders Meeting
LOS ANGELES- Revive Therapeutics Ltd., a specialty life sciences company, held its annual general and special meeting of shareholders on Tuesday, December 19, 2023, in Toronto, Ontario. The meeting concluded with significant decisions affecting the ...
Wisconsin Edges Closer to Medical Cannabis Legalization Amid Regional Shifts
LOS ANGELES- Wisconsin’s path to legalizing medical cannabis appears increasingly likely, as key Republican leaders, including Assembly Speaker Robin Vos, show a renewed interest in the initiative. A bill, mirroring the medical program approach of ...
