Curaleaf Secures Landmark $100 Million Credit Facility, Bolstering Cannabis Sector Access to Capital STAMFORD, Conn. – October 14, 2025 – Curaleaf Holdings, Inc., a leading international provider of consumer cannabis products, today announced a significant expansion of its revolving credit facility with Needham Bank, increasing its borrowing capacity to $100 million. This move, which extends…
South Korea finds itself increasingly out of step with global shifts in cannabis policy, grappling with outdated regulations that severely restrict access for patients, stifle domestic innovation, and strain its public healthcare system. Despite a partial legalization of medical cannabis in 2018, the country’s stringent approach, which continues to classify even non-psychoactive compounds like CBD…
JP Brand Advisors (JPBA) and Canopy USA announced a significant strategic partnership on October 7, 2025, aimed at expanding the nationwide distribution of Wana’s popular hemp-based beverages and gummies. This collaboration brings together JPBA’s extensive expertise in traditional beverage distribution with Canopy USA’s established presence in the U.S. cannabis market, signaling a concerted effort to…
Detroit’s burgeoning cannabis industry is sounding the alarm over a proposed 24% wholesale tax, warning that Michigan House Bill 4951 could lead to widespread business closures, significant job losses, and a resurgence of the illicit market. The bill, which passed the Michigan House of Representatives on September 25, 2025, aims to generate an estimated $420…
Texas is implementing significant new regulations on consumable hemp THC products, with the Texas Alcoholic Beverage Commission (TABC) issuing emergency rules that took effect immediately upon publication and will be enforced starting October 1, 2025. These new measures, spurred by Governor Greg Abbott’s Executive Order GA-56, establish a strict age gate for sales and mandate…
AUSTIN, Texas – Anebulo Pharmaceuticals, Inc. (NASDAQ: ANEB), a clinical-stage biopharmaceutical company, has announced a significant milestone in its drug development program, dosing the first subjects in a Phase 1 single ascending dose (SAD) study of its investigational intravenous (IV) treatment, selonabant. This crucial trial, conducted in healthy young adults, is supported by a collaborative…
California Governor Newsom Signs AB 564, Rolling Back Cannabis Tax Hike to Support Struggling Industry SACRAMENTO, CA – Governor Gavin Newsom has signed Assembly Bill 564 (AB 564), a landmark piece of legislation that rolls back a recent 25% increase to California’s cannabis excise tax. The bill, championed by Assemblymember Matt Haney, aims to revitalize…
Minnesota has officially entered a new phase of its cannabis journey with the commencement of recreational marijuana sales at non-tribal dispensaries. RISE Dispensaries and Green Goods, previously serving only medical patients, are now among the first to offer adult-use cannabis products to consumers aged 21 and over. This significant development marks a major expansion of…
MINNEAPOLIS, MN – September 16, 2025 – Vireo Growth Inc. (CSE: VREO; OTCQX: VREOF) today announced a landmark achievement, officially launching adult-use cannabis sales in Minnesota. The company recorded its inaugural sale on September 16, 2025, at its historic Green Goods® dispensary located in downtown Minneapolis. This significant development marks Vireo’s expansion from its long-standing…
New Jersey Economic Development Authority Launches $15 Million Pilot Program for Cannabis Industry The New Jersey Economic Development Authority (NJEDA) has approved a significant $15 million pilot program designed to address capital access gaps for key players in the state’s burgeoning recreational cannabis industry. Dubbed the New Jersey Lending for Equity, Access, and Financing (NJ…
