TG Branfalt

Casa Verde Capital, the cannabis investment firm co-founded by Snoop Dogg, has closed on $94.7 million during its second round of investment funding.

The Australian biotech company Neurotech International Ltd. announced it has completed studies using human brain cells to investigate the anti-inflammatory and neuro-modulatory properties of two proprietary cannabis strains.

Starting next year — after the final transition period of Brexit — medical cannabis patients in the UK will no longer be able to source their medicine from The Netherlands or other EU countries.

Experts predict that cannabis legalization in Virginia could generate up to $1.2 billion in annual economic activity for the state.

New Jersey lawmakers have approved legislation for the legalization and regulation of adult-use cannabis, sending the bill to the governor’s desk where it is expected to be signed into law.

The DEA published a new rule on Thursday that will allow researchers to apply to cultivate cannabis for research purposes.

A Pennsylvania-based cannabis investor is suing Missouri over residency requirements for the state’s medical cannabis business licenses.

The U.S. Senate has approved a bill that would expedite the process of getting DEA approval to possess cannabis for research purposes. The House passed similar legislation last week.

Tilray and Aphria, two licensed cannabis producers in Canada, have announced they are combining to create the world’s largest cannabis company based on pro forma revenue.

Fate Winslow, a Louisiana man who in 2008 was sentenced to life in prison over a $20 weed deal, has been set free following a successful appeal.

The former chief of staff for Fall River, Massachusetts Mayor Jasiel Correia — who was arrested and accused of extorting local cannabis businesses — has pleaded guilty to extortion, bribery, and making false statements in the licensing corruption probe.

Oregon’s Deschutes County has announced a lawsuit saying it should be paid a portion of the state’s cannabis tax revenue despite having banned any new cannabis processing and cultivation facilities in the county in 2019.

Aurora Cannabis has announced it will cut production at its Aurora Sky facility to just 25 percent of its previous capacity. The move will also lay off 214 workers.

Irish medical cannabis patients no longer have to travel to The Netherlands to purchase their medicine after officials made permanent a pandemic-response service that lets patients order medical cannabis products from Dutch cannabis firms.

Lawmakers in South Carolina have pre-filed multiple bills aimed at reforming the state’s cannabis laws including two medical cannabis legalization proposals, a decriminalization proposal, and others.

LeafLink has announced the close of a $40 million investment round led by Peter Thiel’s Founders Fund.

Antonio Frazier is the President of CannaSafe, a fully-accredited cannabis and hemp testing lab in southern California.

Researchers in Florida recently discovered that CBD oil, when applied to fresh fruit immediately after storage, can work as a preservative that inhibits yeast and mold growth.

The UK has approved trials to assess the safety — and eventually efficacy — of DMT as a potential treatment for depression.

After nearly a year of legal cannabis sales in Illinois, there are still zero licensed cannabis businesses in the state that are majority-owned by a person of color.

Weedmaps is set to go public with a Nasdaq listing. The deal values the company at approximately $1.5 billion.

Canopy Growth announced yesterday it was shutting down five cultivation sites — including all of its outdoor cultivation footprint — and laying off approximately 220 employees in an effort to “streamline operations.”

The New Mexico medical cannabis advisory board has called for increasing plant counts for licensed producers in an effort to bring product prices down.

The U.S. House of Representatives has approved a bill that would make cannabis research easier in states with legal markets.