Legal Affairs
Sensi Seeds and Death Row Records Partner to Release Exclusive Strains in U.S.
AMSTERDAM – Sensi Seeds, the Dutch seed bank founded in 1985, has brought its collaboration with Death Row Records to American home cultivators. The move makes selected Cannabis strains available in the United States for ...
Ascend Wellness Partners with NuProject to Introduce ROOTS
NEW YORK – Ascend Wellness Holdings announced it had teamed up with the non-profit NuProject to launch a six-month business readiness program called ROOTS (Readying Opportunities for Operational & Trade Sustainability). The initiative targets licensed ...
WM Technology to Delist from Nasdaq
IRVINE – WM Technology, Inc., the company behind the Weedmaps online Cannabis marketplace, announced that it will voluntarily pull its Class A common stock and warrants from the Nasdaq Global Select Market. The move comes ...
Cresco Labs Reports Q4 and Fiscal Year 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its fourth-quarter and full-year 2025 earnings, showing revenue of $162 million for the final three months and a focus on cash flow amid industry pressures. The company generated $656 ...
Alabama Gears Up for Medical Cannabis Launch in April
MONTGOMERY – After years of legal hurdles and regulatory delays, Alabama's medical Cannabis program appears on track for an April start, with dispensaries poised to open doors to qualified patients. The Alabama Medical Cannabis Commission ...
Aurora Ditches Adult-Use Cannabis Market for Medical Focus
EDMONTON – Aurora Cannabis Inc. has completed its transition away from Canada's adult-use market to concentrate fully on medical Cannabis, targeting more profitable regulated opportunities overseas. Chief Financial Officer Simona King revealed the strategy during ...
Connecticut Lawmakers Expand Psychedelics Access
HARTFORD – Connecticut's Joint Committee on Public Health approved a bill that broadens the state's pilot program for psychedelic-assisted therapy, opening it to adults beyond just veterans and first responders. The measure, Senate Bill 191, ...
Sensi Seeds and Death Row Records Partner to Release Exclusive Strains in U.S.
AMSTERDAM – Sensi Seeds, the Dutch seed bank founded in 1985, has brought its collaboration with Death Row Records to American home cultivators. The move makes selected Cannabis strains available in the United States for ...
Ascend Wellness Partners with NuProject to Introduce ROOTS
NEW YORK – Ascend Wellness Holdings announced it had teamed up with the non-profit NuProject to launch a six-month business readiness program called ROOTS (Readying Opportunities for Operational & Trade Sustainability). The initiative targets licensed ...
WM Technology to Delist from Nasdaq
IRVINE – WM Technology, Inc., the company behind the Weedmaps online Cannabis marketplace, announced that it will voluntarily pull its Class A common stock and warrants from the Nasdaq Global Select Market. The move comes ...
Colorado’s MED Prepares for Future of Cannabis Inventory Tracking
LOS ANGELES- The Colorado Marijuana Enforcement Division (MED) is at a pivotal juncture in its oversight of the state's cannabis industry. Since the legalization of recreational cannabis in 2012, the MED has played a crucial ...
Massachusetts Cannabis Control Commission Officials’ Suspension
LOS ANGELES- In a recent development that has sent ripples through Massachusetts' cannabis sector, the Massachusetts Cannabis Control Commission is grappling with internal instability following the suspension of two senior executives. This turmoil, underscoring potential ...
Algernon Pharmaceuticals Announces $150,000 Private Placement for Working Capital
LOS ANGELES- Algernon Pharmaceuticals Inc., a Canadian clinical stage pharmaceutical development company, has announced a non-brokered private placement aiming to raise $150,000. The offering comprises units priced at $0.075 each, with each unit consisting of ...
MindMed Announces Breakthrough in GAD Treatment with MM-120 in Clinical Trial
LOS ANGELES- Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, has reported promising results from its Phase 2b clinical trial of MM-120 (lysergide d-tartrate) in treating generalized anxiety disorder (GAD). The trial achieved its ...
Trulieve Alabama Recognized as Minority-Owned Business
LOS ANGELES- The Alabama Medical Cannabis Commission (AMCC) has recently taken a significant step forward in the development of the state's medical cannabis industry. In a pivotal move, the AMCC awarded integrated licenses to five ...
Cannabis Bioscience International Holdings (CBIH) Announces SEC Approval for Common Stock Sale
LOS ANGELES- Cannabis Bioscience International Holdings (CBIH), a prominent player in the cannabis bioscience sector, announced on Friday a significant milestone in its financial journey. The company's registration statement on Form S-1, under the Securities ...
Beckley Academy Strengthens Psychedelic Therapy Training Team with New Facilitators
LOS ANGELES- Beckley Academy, a prominent training organization specializing in the preparation of mental health professionals for psychedelic therapies, has announced the addition of two new facilitators to their team, Sara Gael Beauregard and Mary ...
New York’s Legal Cannabis Market Struggles Amidst Regulatory Challenges and Market Saturation
NEW YORK- New York's journey into the legal cannabis market has been fraught with challenges, marked by a series of setbacks including numerous lawsuits and regulatory hurdles. This tumultuous rollout has had a significant impact ...
Los Angeles Confronts Alarming Rise in Fentanyl-Related Fatal Overdoses
LOS ANGELES- In an alarming shift in the landscape of substance misuse, fentanyl has emerged as the leading cause of accidental overdose deaths in Los Angeles County, surpassing methamphetamine for the first time. According to ...
Week In Review: Oakland Tragedy Highlights Urgent Need for Federal Cannabis Policy Reform; Tennessee Hemp Industry Faces Setback from New Regs; AMA Introduces Psychedelic Therapy Codes In FDA Review of Prescription MDMA
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Colorado Voter Initiative Challenges Federal Law on Cannabis Users’ Gun Rights: MedMen Reduces Operations to Four States with Sale of Arizona and Nevada Assets: Biden’s Groundbreaking Pardons Signal a Paradigm Shift in Cannabis Policy and Justice Reform:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: FDA Submission of MDMA-Assisted Therapy Application Aims to Advance Mental Health; Ohio Senate Redirects Cannabis Tax Revenue; Trulieve Are a Minority-Owned Business?
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Arkansas’ Cannabis Revenues Generate Substantial Impact on Education and Community Welfare
LOS ANGELES- The newest review from the Arkansas Medical Marijuana Commission (AMMC) reveals the plan of the state's forward move to repurpose a sizeable sum of the revenue from the current upsurge of the state’s ...
PharmaDrug Inc. Advances Pharmaceutical Innovation with Strategic Acquisition of SecureDose Synthetics
NEW YORK-PharmaDrug Inc., a specialty pharmaceutical company, has recently provided a comprehensive update from CEO Robert Steen on their strategic acquisition of SecureDose Synthetics Inc. This move marks a significant step in PharmaDrug's ongoing efforts ...
Skymint’s Strategic Move Towards Long-term Viability Amidst Financial Struggles
LOS ANGELES- Skymint, a leading cannabis operator in Michigan, is facing significant operational changes as it shuts down its Harvest Park growing and processing plant in Dimondale, near Lansing. The closure, announced in an ...
Curaleaf’s Corporate Strategy for U.S. Unit
New York-based Curaleaf Holdings is embarking on a strategic reorganization of its U.S. subsidiary, Curaleaf USA. This move is part of the company's broader plan to list on the Toronto Stock Exchange, reflecting a significant ...
Japan’s Revision of Cannabis Drug Law
WORLD- In a historic move, Japan has taken significant steps toward reshaping its stance on cannabis, reflecting a nuanced approach to the burgeoning global interest in cannabis-derived pharmaceuticals and industrial hemp. The latest amendment to ...
Illinois Cannabis Retailers Hit Record Sales in November
LOS ANGELES- November marked a historic month for Illinois' adult-use cannabis retailers, as they achieved the highest single-month sales of legal cannabis since the opening of weed shops in January 2020. The Illinois Department of ...
MariMed Inc. Launches Cannabis Product Manufacturing in Illinois
LOS ANGELES- MariMed Inc., a cannabis company with a multi-state presence, has announced the commencement of its cannabis product manufacturing and processing activities at its new facility in Mt. Vernon, Illinois. The move, despite encountering ...
Arizona’s Cannabis Sales Show Signs of Stabilization
LOS ANGELES-Arizona's cannabis market, after experiencing a downturn over the summer, is showing signs of stabilization in the recent months, although overall sales for the year remain lower than expected. The state's cannabis industry has ...
Ohio Senate Redirects Cannabis Tax Revenue
LOS ANGELES- In a move that has sparked widespread debate, the Ohio Senate has recently passed a bill that significantly alters the allocation of tax revenue generated from adult-use cannabis. This legislative action stands in ...
Curaleaf Poised for Uplisting on Toronto Stock Exchange
LOS ANGELES- Curaleaf Holdings, Inc., a major player in the cannabis industry operating under the ticker symbols CURA and CURLF, has recently achieved a significant milestone in its financial journey. The company received conditional approval ...
Cornell University Study Explores Hemp Cannabinoids as Potential Natural Pesticides
LOS ANGELES- Recent research conducted by scientists at Cornell University in New York has opened a new avenue in the study of hemp, suggesting that cannabinoids produced by the plant may serve as a source ...
New Jersey’s Cannabis Market Flourishes with Record Sales and Evolving Equity Initiatives
LOS ANGELES- New Jersey's state cannabis market is witnessing a significant uptrend, both in sales and regulatory progress, as it matures into a robust industry. According to the latest report from the state’s Cannabis Regulatory ...
KwaZulu-Natal Boosts Hemp To Revitalize Economy
WORLD- In a significant move for South Africa's burgeoning hemp sector, the province of KwaZulu-Natal (KZN) has awarded 664 licenses for the cultivation, storage, and transportation of industrial hemp, as reported by The South African. ...
