Regulatory update: TGA targets unlawful medicinal cannabis advertising As Australia’s medicinal cannabis industry grows, so too does the scrutiny over how it’s marketed. The recent actions taken by the Therapeutic Goods Administration (TGA) against several entities for alleged unlawful advertising practices, signal a firm stance on upholding the standards set out in the Therapeutic Goods Act 1989 (Cth) […]
NY Post Suffolk County cops caught 26 unlicensed pot shops in the act during dozens of raids over just one week – seizing more than 15,000 illegal weed products, officials said Tuesday. The countywide crackdown just began May 20 but has already seen 44 smoke shops or convenience stores raided and resulted in seven arrests and five […]
View this email in your browser Updates in Seven States: Texas, Alaska, Louisiana, Maine, Massachusetts, Nebraska, and Ohio Take Action Now: Use our State Action Center to contact lawmakers and protect the future of hemp in your state. A big thank you to all hemp supporters for taking action. Be sure to follow us across social […]
In fall of 2023 I wrote about the lawsuit to end federal prohibition that wouldn’t really end federal prohibition. Last July, a federal district court ruled against Canna Provisions et al. in that case. On Wednesday, May 27th, the First Circuit Court of Appeals upheld the lower court’s ruling. The First Circuit decision means the feds are still […]
NEW YORK, May 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has closed a private placement of $50 million of its 12.75% Senior Secured Notes due 2029 (the “Notes”). The Notes form part of the same series of the $250 million aggregate principal […]
As Canada’s cannabis industry enters a new phase of maturity, business leaders are confronting some hard truths. Profitability is elusive, competition is intensifying, and traditional financing is drying up. Recent industry discussions have highlighted major trends reshaping the sector, from collapsing margins and outdated tax models to restructuring, consolidation, and cross-border uncertainty. This article offers […]