Case Studies
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Canada Invests Nearly $3 Million in Psilocybin-Assisted Psychotherapy Research
LOS ANGELES- The Government of Canada, through the Canadian Institutes of Health Research (CIHR), has committed nearly $3 million to fund three clinical trials investigating psilocybin-assisted psychotherapy as a treatment for various mental health and ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and ...
The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market ...
Global Cannabis Market Report 2022 to 2027
Dublin - The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market Dynamics Market dynamics ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of ...
Powering Possibilities With Sean ‘Diddy’ Combs
CALGARY, AB, Nov. 2022. Sean "Diddy" Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This ...
Dutchie Founders Ross & Zach Lipson Leave Dutchie
BEND, Oregon–According to a press release, Ross and Zach Lipson, who co-founded the privately held Oregon company, have resigned from their positions of leadership, and the board of directors has selected a new chief executive ...
Medical Cannabis Market Size to Hit USD 33,210.21 Million by 2027 at 18.14% CAGR
New York - Medical Cannabis Market Trends and Insights By Product Type (Solid, Dissolvable/Powders, Oil & Ointment, Creams), Derivative (Cannabidiol, Tetrahydrocannabinol), Route of Administration (Inhalation, Oral, Topical), Application (Pain Management, Neurological Health Management, Mental Health ...
Innovation and technology, pillars of success for PuraVerde Cannabis
What are some of the factors that can help predict if a cannabis company will be successful long term? This is a very hard question to answer nowadays, considering that the US is heading to ...
Akerna Flash Report: Halloween Weekend Cannabis Sales Total $249.6 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, announced that US cannabis shoppers spent a ...
NIHC Urges FDA To Approve Hemp Seed for Animal Feed
WASHINGTON, Nov, 2022 The National Industrial Hemp Council of America (NIHC) President and CEO Patrick Atagi sent a letter today to U.S. Food and Drug Administration Commissioner Robert Califf urging approval of hemp seed as an animal feed ingredient. The letter ...
Industry Disruption One Lipid At A Time? Meet Impact Naturals
It doesn't come very often the opportunity to completely revolutionize and disrupt not one, not two, but at least three industries at the same time, with a simple yet efficacious technology developed by an A ...
Global Cannabis Market Size Expected To Reach $489 Billion By 2027 At A CAGR Of 24.6%
PALM BEACH, Fla. - The legal cannabis business is expected to generate billions of dollars as Investor confidence has grown as more countries legalize cannabis and use rises. According to Emergen Research, a recent study, ...
Seizures of Contraband and Unauthorized Items at the Regional Reception Centre
SAINTE-ANNE-DES-PLAINES, QC - Between October 28 and 30, 2022, as a result of the vigilance of staff members, contraband and unauthorized items were seized at the Regional Reception Centre, a multi-level security federal institution. The ...
Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada
DENVER and LEAMINGTON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in cannabidiol hemp extract wellness products, and Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), Canadian cannabis consumer packaged goods company, ...
PuraVerde: Maximizing efficiency in Cannabis
For anyone in cannabis, it is very well known that this is one of the most volatile, rapidly evolving industries in America, particularly for investors and operators. The regulatory landscape and the fact that ...
SAFE Banking Act Could Transform the Cannabis Industry as Demand Continues to Climb
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The remaining months of the lame-duck Congress could be shaping up to be the most wonderful time of the year for the U.S. marijuana industry, although insiders ...
Wonderland: Psychedelic conferences. Presented by Microdose
The psychedelic industry is heating up. Studies on the efficacy of compounds like psilocybin, DMT, and ketamine on a variety of illnesses and chronic mental health conditions continue to ramp up. Start-ups and established biomedical ...
Gage Cannabis Announces Fourth Social Equity Grant Recipient
DETROIT - Gage Cannabis, a subsidiary of TerrAscend Corp. and a high-quality cannabis brand and operator in Michigan, today announced its fourth social equity grant recipient, Midwest CannaNurses. MCN is a Detroit-based minority-owned holistic health ...
Can we use CBD to treat ASD symptoms?
It is known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, ...
Does The Employee Retention Tax Credit Enable Cannabis Companies to Receive Tax Relief?
SAN DIEGO– Cannabis companies were deemed ‘’essential services’’ in the COVID-19 pandemic. But that didn't translate into access to the wealth of government grants that were made available to non-cannabis companies. Restrictions imposed by Section ...
The Parent Company Provides Strategic Corporate Update
SAN JOSE, Calif. - TPCO Holding Corp. or The Parent Company (NEO: GRAM) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced that it has elected to outsource certain aspects of its cultivation and manufacturing ...
