Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on CBD Industry News Now.

The Cannabist Company Completes Previously Announced Plan of Arrangement
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., is pleased to announce that it...

AYR Announces Delay of Q1 2024 Financial Statements and MD&A, Expected Cease Trade Order and Strategic Review Process
MIAMI, May 30, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announces that it will be unable to meet the deadline of May 30,...

CANNMED 25 INNOVATION AND INVESTMENT SUMMIT EXPANDS ITS INTERNATIONAL REACH
Puerto Rico’s Wyndham Grand Rio Mar Resort to host industry’s leading medicinal cannabis conference, June 17-20 BEVERLY, MA, UNITED STATES, May 29, 2025 /EINPresswire.com/ -- Medicinal Genomics Corporation (MGC) today announced its CannMed 25...

Safe Harbor Financial Partners with Bennett Thrasher to Deliver Advanced Financial Services to Cannabis Operators Nationwide
DENVER, May 29, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Safe Harbor) (Nasdaq: SHFS), a fintech leader in facilitating financial services and credit facilities to the cannabis industry, announced a strategic...

Rising Demand For Neurological Disorders: A Key Driver Transforming The Synthetic Cannabinoids Market 2025
The Business Research Company's Synthetic Cannabinoids Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 29, 2025 /EINPresswire.com/ -- The global synthetic cannabinoids...

Area 52 Becomes First Online Dispensary Shipping Legal Recreational Cannabis to Texas
Area 52 becomes the first online dispensary shipping legal cannabis products – including THC gummies and flower – to Texas. HOUSTON, TX, UNITED STATES, May 29, 2025 /EINPresswire.com/ -- Area 52 becomes the first and only online dispensary...

Medical Cannabis Market - Global Trends and Forecasts to 2030: Lucrative Opportunities with the Increasing Adoption by Medicinal and Pharmaceutical Industries - ResearchAndMarkets.com
The "Medical Cannabis Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The Medical Cannabis Market was valued at USD 28.54 Billion in 2024, and is...

The Dart Co. Supports Pennsylvania’s Renewed Push for Sensible Cannabis Reform
Los Angeles, CA, May 29, 2025 (GLOBE NEWSWIRE) -- The Dart Co., a leading manufacturer of premium smoking accessories, today expressed strong support for Pennsylvania Senator Marty Flynn’s announcement of the Keystone Cannabis Act, a comprehensive...

STATEMENT BY TEXAS AGRICULTURE COMMISSIONER SID MILLER ASSURING FARMERS HEMP PRODUCTION WILL CONTINUE UNDER SB 3
“Texas farmers are worried about the effects of Senate Bill 3 on the hemp industry. This legislation does not ban growing hemp or planting hemp for biomass. It's a targeted effort to crack down on abuse of THC in the retail sector, not a ban on...

Astrotech Corporation Appoints Jennifer Cañas as Chief Financial Officer
AUSTIN, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or (“Astrotech”), today announced that it has appointed Jennifer Cañas as Chief Financial Officer (“CFO”) of the Company. Ms. Cañas’ appointment is...

Harvest Care Medical Expands Access to Medical Cannabis in West Virginia by opening dispensaries in Beckley and Inwood
Harvest Care Medical is proud to announce the continued growth of its footprint in West Virginia with the opening of two new dispensaries operating under its Country Grown Cannabis brand. The new locations in Inwood, WV and Beckley, WV mark a...

Chicago Atlantic BDC, Inc. Announces 2025 Annual Meeting of Stockholders’ Date
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, announced on April 30, 2025 that its...

Rolling Derby launches first-ever global cannabis joint rolling competition, sponsored by RAW Rolling Papers
SAN FRANCISCO, May 28, 2025 (GLOBE NEWSWIRE) -- Cannabis culture is about to celebrate one of its most essential yet underappreciated skills as the first-ever professional joint rolling competition kicks off this summer. The Rolling Derby, the...

Apollo Capital Warns MediPharm Shareholders Current CEO David Pidduck is Looking for an Exit
CEO David Pidduck has Stated Desire to Cash Out at Current Levels Pidduck and Current Board Do Not Have Conviction in MediPharm or its Long-Term Value Creation Strategy Apollo Capital has a Plan to Increase MediPharm Share Price from $0.07 to Over...

FLUENT Expands Indoor Cultivation Footprint with First Planting at Rosa Facility in Florida
TAMPA, Fla., June 03, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a leading vertically integrated cannabis operator operating under the FLUENT™ brand, has successfully completed the first planting...

Gro-Vida Featured in SIC Notícias Special Report on Medical Cannabis in Portugal
Portugal’s emergence as a medical cannabis hub took centre stage in a recent special, with Gro-Vida featured as a key contributor to the sector’s development. TAVIRA, PORTUGAL, May 27, 2025 /EINPresswire.com/ -- Gro-Vida, a trusted cultivator in...

FLUENT Corp. to Report First Quarter 2025 Financial Results on May 29, 2025
TAMPA, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) ("FLUENT" or the "Company"), a national cannabis consumer packaged goods company and retailer, today announced it will report financial results for the first...

Visionaries, Healers, and Activists to Explore the Intersection of Psychedelics and Society at Psychedelic Science 2025
• Sessions span grassroots health interventions, traditional practices, psychedelic parenting education, journalism, ecological health, raves and music, leadership transformation, and more • Speakers include faith leaders, journalists, community...

MediPharm Labs Begins Production of First Order for International Expansion of Novel Cannabis Metered Dose Portfolio in the EU and United Kingdom Under Blackpoint Sales and Distribution Agreement
TORONTO, May 26, 2025 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company"), a pharmaceutical company specialized in precision-based cannabinoids, is pleased to announce it...

Epilepsy Foundation of America Awards $250,000 at 13th Annual Shark Tank Competition
Janine Erler, winner of the 2025 Investment Prize for Neumirna Therapeutics. Presenting the prize is Bernice Martin Lee, Epilepsy Foundation of America’s (EFA) Chief Executive Officer; Jacqueline French, MD, EFA’s Medical Director; and Caitlin...