Legal Affairs
A LIFE IN A DAY: Clayton Smith: CEO: AULV Health
NEW YORK- A LIFE IN A DAY offers viewers another look at well-known people who are in various areas of the industry. We can see from their LinkedIn profile what they do for work, but ...
Vireo Growth Completes Acquisition of Hawthorne Gardening Company
MINNEAPOLIS – Vireo Growth Inc. announced it has closed acquisition of The Hawthorne Gardening Company from The Scotts Miracle-Gro Company, marking the completion of a deal first outlined in a nonbinding memorandum of understanding in ...
Cannabis Sales Climb as Alcohol Purchases Slip, Statistics Canada Reports
OTTAWA – New federal data from Statistics Canada reveal that recreational Cannabis sales in Canada rose while alcohol declined in the fiscal year, ending March 31, 2025. Parallel trends appear in U.S. frequency-of-use surveys, where ...
AtaiBeckley Reports Q4 and FY 2025 Financial Results
NEW YORK – AtaiBeckley Inc. disclosed its fourth-quarter and full-year 2025 financial results, showing a significant net loss driven by costs from its recent merger while highlighting progress in its clinical programs for depression and ...
Ohio Hits Over $3B in Total Cannabis Sales
COLUMBUS – Ohio's legal Cannabis market has generated $3.56 billion in combined medical and recreational sales through the end of February, driven by steady growth in both segments since adult-use purchases became legal in August ...
Colorado Lawmakers Back Temporary On-Site Cannabis Consumption Events
DENVER – Colorado's House Committee on Business Affairs & Labor voted 7-5 to advance House Bill 26-1117, a measure that would let licensed Cannabis hospitality businesses hold temporary on-site consumption events. Sponsored by Rep. Naquetta ...
Explosion at New Jersey Extraction Facility Highlights Ongoing Safety Risks in Cannabis Processing
NEW JERSEY–A powerful explosion at an extraction facility in Logan Township, New Jersey on March 4 has left several workers seriously injured and reignited discussion around safety risks in solvent-based Cannabis processing. The blast occurred ...
A LIFE IN A DAY: Clayton Smith: CEO: AULV Health
NEW YORK- A LIFE IN A DAY offers viewers another look at well-known people who are in various areas of the industry. We can see from their LinkedIn profile what they do for work, but ...
Vireo Growth Completes Acquisition of Hawthorne Gardening Company
MINNEAPOLIS – Vireo Growth Inc. announced it has closed acquisition of The Hawthorne Gardening Company from The Scotts Miracle-Gro Company, marking the completion of a deal first outlined in a nonbinding memorandum of understanding in ...
Cannabis Sales Climb as Alcohol Purchases Slip, Statistics Canada Reports
OTTAWA – New federal data from Statistics Canada reveal that recreational Cannabis sales in Canada rose while alcohol declined in the fiscal year, ending March 31, 2025. Parallel trends appear in U.S. frequency-of-use surveys, where ...
Decade of Discovery, Cannabis Studies Amid Legalization
NEW YORK— A significant surge in scientific research related to cannabis has been noted in the past ten years, coinciding with widespread legalization movements across the United States. This trend was highlighted by NORML, a ...
Incannex’s Subsidiary Clarion Clinics Gains Ethics Endorsement for Psychedelic-Assisted Therapies
LOS ANGELES- Incannex Healthcare Ltd a clinical stage pharmaceutical development company, has announced a significant advancement in the field of psychedelic-assisted therapies. Its subsidiary, Clarion Clinics, received Human Research Ethics Committee (HREC) endorsement for administering ...
Rhode Island Exceeds $100 Million in First Year of Adult-Use Cannabis Sales
LOS ANGELES- In a remarkable economic achievement, Rhode Island has reported over $100 million in combined medical and adult-use cannabis sales during its inaugural year of legalized adult-use cannabis operations. This significant milestone underscores the ...
Ukraine Moves to Legalize Medical Cannabis
KIEV- In a landmark decision, Ukrainian lawmakers have passed a bill to legalize medical cannabis, marking a significant step in providing relief for patients suffering from cancer and post-traumatic stress disorder (PTSD). The bill, which ...
Mydecine Innovations Group Announces Major Patent Progress for Novel Psilocin Analog
LOS ANGELES- Mydecine Innovations Group Inc, a biotechnology company in mental health and addiction treatment, has recently announced a significant breakthrough. The United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance ...
Biden’s Groundbreaking Pardons Signal a Paradigm Shift in Cannabis Policy and Justice Reform
WASHINGTON, D.C. -- In a groundbreaking move addressing the historical injustices wrought by the nation's approach to cannabis, President Joe Biden has wielded his executive powers to grant pardons to thousands ensnared in the web ...
OPINION: How the CDTFA Bilked Millions from CA Cannabis Consumers and How We Stop Them
LOS ANGELES- The voter approved Prop 64 law granted California excise taxing authority on cannabis & cannabis products. The rate of 15% was originally to be collected by retailers. The statutory definition of this taxing ...
Colorado Voter Initiative Challenges Federal Law on Cannabis Users’ Gun Rights
LOS ANGELES- A new voter initiative in Colorado is stirring up a significant debate over the intersection of cannabis legalization and gun rights. The proposal, spearheaded by the pro-gun advocacy group Guns for Everyone, aims ...
Controversy Arises Over Ohio’s New Cannabis Control Superintendent Appointment
LOS ANGELES- Ohio's recent strides towards cannabis legalization have been met with a mix of anticipation and concern, particularly following the appointment of James V. Canepa as the first Superintendent of the Division of Cannabis Control. ...
Minnesota Health Officials Caution Against Illegal High-Potency Hemp Products
LOS ANGELES- The Minnesota Department of Health has issued an urgent warning to consumers regarding the sale of unregulated and illegal cannabis products that exceed the state's THC potency limits. Despite legalizing recreational cannabis earlier ...
California Attorney General Warns of Federal Risks in Interstate Cannabis Commerce
LOS ANGELES- California Attorney General Rob Bonta has recently raised significant concerns over the potential federal legal risks involved in initiating interstate cannabis commerce. This issue has become a pivotal point of discussion following the ...
Italian Cannabis Reform Campaign Nears Signature Milestone in Record Time
ROME — In an unprecedented surge of public support, a campaign for cannabis reform in Italy has achieved nearly half the required signatures in just one week to bring the issue before the Parliament. This ...
Psychedelics Regulatory Maze: Navigating the State-Federal Conundrum
The expanding legalization of psychedelics for medical and therapeutic uses across various states in the United States is stepping into a complex regulatory terrain, one previously charted by the cannabis industry. This emerging scenario raises ...
MedMen Reduces Operations to Four States with Sale of Arizona and Nevada Assets
LOS ANGELES- MedMen Enterprises Inc., a Florida-based cannabis company known for its extensive operational struggles, has taken a significant step in restructuring its business. On Wednesday, the company announced its decision to divest its cannabis ...
New York Officials Shut Down Unlicensed Cannabis Shop Amid Brooklyn’s Legal Market Expansion
NEW YORK- In a decisive move by New York state authorities, Big Chief Smoke Shop, an unlicensed cannabis retailer operating in Brooklyn, has been forcibly shut down. This action, led by Governor Kathy Hochul, Attorney ...
Numinus and Cedar Clinical Research Join Beckley Psytech’s Phase 2b Psychedelic Trial for Depression
Numinus Wellness Inc. recognized for approach to mental health care, has announced a significant milestone in psychedelic-assisted therapies. Its research arm, Cedar Clinical Research (CCR), has been selected as a pivotal site for a groundbreaking ...
Regulatory Hurdles Challenge Social Equity Cannabis Licensing in Missouri
LOS ANGELES- In a significant development impacting Missouri's cannabis industry, nearly one-quarter of the 48 social equity cannabis microbusiness permits awarded in October have been declared ineligible by the Department of Health and Senior Services ...
California to Implement New Employment Protections for Cannabis Users in 2024
LOS ANGELES- California is set to enact groundbreaking laws that provide new protections for employees who consume cannabis, marking a significant shift in workplace policies since the state's major cannabis reforms. Starting January 1, 2024, ...
Organigram Reports Q3 Fiscal 2023
LOS ANGELES- Organigram Holdings Inc. a licensed producer of cannabis, today unveiled its financial outcomes for the third quarter ending May 31, 2023. The period was marked by remarkable resilience and growth in the company’s ...
Nebraska Medical Cannabis Initiative Gains Momentum Amid Opposition
LOS ANGELES- In Nebraska, a significant movement is underway as the group Nebraskans for Medical Marijuana (NMM) intensifies its efforts to gather signatures for two pivotal medical cannabis legalization initiatives aimed for the 2024 ballot. ...
MindMed Announces Promising Results from Phase 2b Trial of MM-120 for Generalized Anxiety Disorder
LOS ANGELES- Mind Medicine (MindMed) Inc, a biotech company focusing on psychedelic-inspired therapies, recently revealed encouraging topline results from its Phase 2b clinical trial of MM-120 (lysergide d-tartrate) in treating Generalized Anxiety Disorder (GAD). The ...
Sunstone Therapies Reports Breakthrough in Psilocybin-Assisted Therapy for Cancer Patients with Depression
LOS ANGELES- Sunstone Therapies, a organization in psychedelic-assisted therapy, recently announced notable findings from its phase 2 clinical trial, published in the journal Cancer. This trial marks a significant step in understanding the potential of ...
CSU’s Institute of Cannabis Research Invests $800,000 in Groundbreaking Studies
LOS ANGELES- The Institute of Cannabis Research (ICR) at Colorado State University (CSU), Pueblo, has announced a significant investment in cannabis research, earmarking $800,000 for six pioneering studies. This initiative, funded through the Colorado Marijuana ...
Federal Cannabis Legalization: A Path to $8.5 Billion in Tax Revenue
LOS ANGELES- In a groundbreaking analysis, the Tax Foundation, a Washington D.C.-based think tank renowned for its insights on taxation, has released a report that casts new light on the potential fiscal benefits of federal ...
Clearmind Medicine Inc. Regains Nasdaq Compliance with Enhanced Bid Price Stability
LOS ANGELES- Clearmind Medicine Inc. has recently achieved a significant financial milestone. The biotech company, known for its innovative approach in developing psychedelic-derived therapeutics, announced its regained compliance with Nasdaq's minimum bid price requirement. This ...
