SACRAMENTO, Calif. - Origins Council today addressed a letter to Governor Newsom urging him to sign AB 1111, legislation introduced by 28th district Assemblymember Gail Pellerin that would allow small cannabis farmers the right to sell their products directly to consumers at licensed cannabis events in California. AB 1111 was approved by the California legislature on August 28, and now...

HERZLIYA, Israel, and CALGARY, Alberta -- Innocan Pharma Corporation, a pioneer in the pharmaceutical and biotechnology industries, completed its previously announced non-brokered private placement offering of 5,025,725 units of the Company at a price of C$0.22 per Unit for gross proceeds of C$1,105,659.50. Each Unit is comprised of: (i) one (1) common share in the capital of the Company and (ii)...

PICKERING, ON - MTL Cannabis Corp. filed the financial statements as at and for the three-month period ending June 30, 2024, and 2023. First Quarter 2025 Consolidated Financial Highlights Income Statement Revenue of $25,842,264, an improvement of $8,978,969, or 53%, compared to $16,863,295 in the same quarter of last year. Net Revenue of $20,721,232, an improvement of $7,957,445, compared to $12,763,787 in the same quarter...

TORONTO -- Organigram Holdings Inc., a leading licensed producer of cannabis, announced today that on August 30, 2024, the Company closed the second of three tranches of the previously announced C$124,559,674 follow-on strategic equity investment by BT DE Investments Inc., a wholly owned subsidiary of British American Tobacco plc. Pursuant to the Second Tranche closing, the Investor acquired 4,429,740 common shares and...

MEDFORD, Ore. - Grown Rogue International Inc., a craft cannabis company born from the amazing terroir of Oregon's Rogue Valley, granted options on August 31, 2024 to purchase an aggregate of 6,755,000 subordinate voting shares of the Company to certain directors, officers and employees. The Stock Options are exercisable at a price of $0.84 per SV Share, of which 5,355,000 expire three...

Canna Remedies celebrated the grand opening of its first dispensary at 2175 Spruce Street in Ewing, New Jersey. Serving all of Mercer County, including Trenton and even points beyond, the pharmacist-led 7,244-square-foot dispensary kicked off its opening week with a community celebration featuring discounts, giveaways, and ice cream truck treats. The event attracted local officials, dignitaries, and community leaders, including...

SLOUGH, England, and RICHMOND, Va. -- Indivior PLC is today providing an update following Aelis Farma's announcement of the results from its clinical Phase 2B trial with AEF0117, evaluating the efficacy and safety in treatment-seeking participants with moderate to severe Cannabis Use Disorder (CUD). The purpose of this trial was twofold: (1) to show that AEF0117 (0.1, 0.3, 1 mg once a...

PHOENIXVILLE, Pa. -- PleoPharma Inc., a privately held company focused on cannabis related health issues, announced Phase 2b study results for its lead drug candidate, PP-01, an investigational product intended for the mitigation of Cannabis Withdrawal Syndrome. Phase 2b Study (CAN-002) CAN-002 was a randomized, double-blind, placebo-controlled study with 234 participants between ages 18-55, seeking to discontinue cannabis, at 22 US addiction centers....

NORTH SPRINGFIELD, Vt. -- Cannatrol, creators of a total dry, cure, and store system for the cannabis industry, is growing its senior leadership team as part of the company’s 2024 global expansion. Spencer Craig takes the role of Chief Operations Officer and Chris Mapson is Vice President of Marketing; the duo brings decades of experience in product management, venture...

ST. LOUIS -- MJ Unpacked, a leading cannabis industry trade event with exclusive attendance for licensed operators, researchers, and investors, named Proven Media its public relations agency of record. Named a Top 5 Most Powerful Cannabis PR Firm in the country by the Observer and called Star Makers by NV Magazine, Proven Media brings more than a decade of experience in...