Case Studies
California Cannabis Delivered Steady Tax Dollars in Q1 2026
SACRAMENTO – The California Department of Tax and Fee Administration ...
German Pharmacies Offer Cannabis Cheaper Than Darknet
BERLIN – Cannabis flower available by prescription through German pharmacies ...
Cannara Biotech Reports Q2 2026 Financial Results
MONTREAL – Cannara Biotech Inc. posted its fiscal second-quarter results, ...
350 Retail Cap and Tier V Cultivation Limits: What Virginia’s Scarcity Model Means for License Strategy
RICHMOND- Virginia’s adult-use design is built on scarcity and structural oversight. The 350 retail cap materially limits market density, shaping site selection and long-term valuation models. Tier V cultivation remains limited to five large operators. ...
Virginia Adult-Use Applications Expected in 2026: Operators Should Begin Structuring Now
NEW YORK- Virginia’s adult-use Cannabis legislation is now in reconciliation after both the House (HB 642) and Senate (SB 542) advanced competing sales frameworks. For operators, the question is no longer whether retail will launch—but ...
SAM in Action: How Dark Money Fuels Prohibitionists Attacks
LOS ANGELES – A noticeable uptick in anti-Cannabis content has appeared on social platforms lately, flooding threads with posts on scromiting, schizophrenia, psychosis risks, outdated research, recycled study headlines, and new ballot proposals surfacing in ...
Michigan Senate Tightens Controls on Intoxicating Hemp Derivatives
LANSING – In a bipartisan push to close regulatory gaps, the Michigan Senate approved a package of bills that would classify most high-potency hemp-derived THC items as Cannabis, folding them into the state's established Cannabis ...
Trulieve Secures $140M in Senior Notes
TALLAHASSEE – Trulieve Cannabis Corp. wrapped up a $140 million private placement of 10.5% senior secured notes, tapping into robust investor appetite to fuel its operational push. The deal, upsized from initial plans, comes just ...
🚨🚨 BREAKING: TRUMP RESCHEDULES CANNABIS 🚨🚨
WASHINGTON, D.C. –After months of speculation, President Trump Issues Executive Order Directing Federal Rescheduling of Cannabis to Schedule III President Donald Trump has signed an executive order directing federal agencies to complete the rescheduling of ...
Czech Republic Approves Psilocybin Therapy Guidelines for 2026
PRAGUE – The Czech Republic has taken a measured step toward integrating psychedelic-assisted therapy into its healthcare system, approving detailed rules that will permit the controlled use of psilocybin for select patients beginning in January ...
350 Retail Cap and Tier V Cultivation Limits: What Virginia’s Scarcity Model Means for License Strategy
RICHMOND- Virginia’s adult-use design is built on scarcity and structural oversight. The 350 retail cap materially limits market density, shaping site selection and long-term valuation models. Tier V cultivation remains limited to five large operators. ...
Virginia Adult-Use Applications Expected in 2026: Operators Should Begin Structuring Now
NEW YORK- Virginia’s adult-use Cannabis legislation is now in reconciliation after both the House (HB 642) and Senate (SB 542) advanced competing sales frameworks. For operators, the question is no longer whether retail will launch—but ...
SAM in Action: How Dark Money Fuels Prohibitionists Attacks
LOS ANGELES – A noticeable uptick in anti-Cannabis content has appeared on social platforms lately, flooding threads with posts on scromiting, schizophrenia, psychosis risks, outdated research, recycled study headlines, and new ballot proposals surfacing in ...
U.S. Inflation Rebounds Slightly in July, Easing Rate Hike Concerns
LOS ANGELES-- The annual increase in the Consumer Price Index (CPI) saw a mild uptick in July 2023, marking the first rebound after 12 consecutive months of declines from over four-decade highs of 9.1% in ...
Support for Cannabis Legalization in Pennsylvania Shows Decline; New Legislation Still on the Table
LOS ANGELES-- In a surprising turn of events, support for cannabis legalization in Pennsylvania has seen a decline for the first time in a decade. The 2023 Pennsylvania Health Survey, conducted by Muhlenberg College Public ...
Montana Cannabis Ownership Law Faces Legal Challenge over Residency Requirements
LOS ANGELES-- A father-and-son investor duo are the latest to challenge state residency requirements for cannabis business ownership, a contentious issue facing multiple states. Two out-of-state investors, Tom and Jerry Reed, have filed lawsuits in ...
American Psychedelic Practitioners Association and BrainFutures Publish First-Ever Guidelines for Psychedelic-Assisted Therapy
LOS ANGELES-- The American Psychedelic Practitioners Association (APPA) in collaboration with BrainFutures has published reportedly the first set of professional practice guidelines for psychedelic-assisted therapy in the United States. These guidelines come as the FDA's ...
Curaleaf Holdings Inc. Reports 4% Year-Over-Year Revenue Growth in Q2 2023, Continues Strategic Expansion
LOS ANGELES-- Curaleaf Holdings Inc., a cannabis consumer products, reported its financial results for the second quarter ended June 30, 2023, reflecting modest growth in revenue but also an increased net loss compared to the ...
Arkansas Hemp-Derived THC Ban Faces Legal Challenges
LOS ANGELES- Several Arkansas businesses have initiated a legal battle against the state's recent ban on hemp-derived THC products, which took effect on August 1. The plaintiffs, including four local companies, assert that the prohibition ...
Trulieve Reports Expanded Q2 Deficit, Cites Unfavorable Weather Impacting Ongoing Quarter Performance
MIAMI—Trulieve Cannabis (TRUL.CD), a significant player in the cannabis industry, recently announced a larger financial loss for the second quarter. This loss has been attributed to a combination of unusual weather patterns and a drop ...
Los Angeles Cannabis Regulatory Agency Faces Leadership Shake-Up Amid Market Challenges
LOS ANGELES-- Los Angeles Mayor Karen Bass is instigating a shake-up in leadership across various city agencies, including a significant management overhaul at the city's Department of Cannabis Regulation (DCR). This change comes at a ...
California’s Popular Beard Bros Pharms Brand Expands To East Coast
BLACKSTONE, MA – Beard Bros Pharms, a legacy cannabis brand founded by self-made entrepreneurs Bill and Jeff Levers, has partnered with Ideal Craft Cannabis to bring their full-spectrum Rick Simpson Oil (RSO) to Massachusetts. This is the ...
Tilray Brands Acquires Eight Beverage Brands from Anheuser-Busch in $85 Million Deal
LOS ANGELES-- Canadian cannabis producer Tilray Brands has announced an $85 million all-cash acquisition of eight beverage brands from Anheuser-Busch, including well-known breweries such as Breckenridge and Shock Top. The deal, expected to close by ...
New Study Explores the Role of Cannabis in Exercise Recovery
LOS ANGELES-- A recent survey in Cannabis and Cannabinoid Research. reveals that a significant number of individuals are using CBD and THC as part of their recuperation routine following aerobic and resistance workouts, though scientific ...
Canadian Cannabis Wholesaler Urges Government to Reconsider THC Limits and Environmental Impact
TORONTO — The Ontario Cannabis Store (OCS), Canada's largest adult-use wholesaler, has issued a position paper to Health Canada, urging the agency to reconsider the current THC limit governing cannabis edibles and to address the ...
Former Adelanto Mayor Sentenced to 14 Months in Prison Over Bribes from Cannabis Interests
LOS ANGELES-- Adelanto, California's former mayor, Richard Kerr, 66, was sentenced to 14 months in federal prison on Friday for accepting over $57,000 in bribes and kickbacks in exchange for approving ordinances and permits for ...
Headspace Secures $105 Million in Funding for Expansion
TORONTO–Digital healthcare company Headspace, known for its innovative mental health solutions, has secured a $105 million senior debt facility from Oxford Finance, a specialty finance firm serving healthcare and life sciences companies. This investment will ...
German Cabinet Expected to Approve Cannabis Legalization Plan Next Week
BERLIN --Germany's federal cabinet is anticipated to approve the first part of the government's cannabis legalization plan next week, according to Health Minister Karl Lauterbach. In an interview with Rheinische Post, Lauterbach stressed that the ...
Canada’s Licensed Cannabis Producers Struggle as Unpaid Federal Excise Tax Triples
TORONTO— Canada's licensed cannabis producers are in financial turmoil as unpaid federal excise taxes have more than tripled in the latest fiscal year, according to figures provided by the Canada Revenue Agency (CRA). At the ...
Illinois Cannabis Sales Hit $140 Million in July, Boosted by Out-of-State Buyers; Governor Pritzker Celebrates Economic Impact
CHICAGO — Cannabis sales in Illinois surged to $140 million in July, marking the highest total for 2023 and the second-largest monthly sum since legalization began in 2020. The figures, released Thursday by the state's ...
Exploring Cannabis as a Potential Tool to Manage Opioid Cravings Amid a Drug Toxicity Crisis
LOS ANGELES–In a bid to address the escalating harm from the drug toxicity crisis, Canadian researchers from the University of British Columbia (UBC), found innovative strategies that harness the potential of cannabis to curb opioid ...
Do You Need To ‘Trip’ To Get The Full Effects of Psilocybin?
LOS ANGELES–As psilocybin enters the list of new medical applications in Australia, a thought-provoking debate unfolds: is the enchanting world of hallucinations, or ''tripping,'' integral to its efficacy, or can we unlock the benefits of ...
Germany’s Cannabis Endeavors Navigate Potential Hurdles Within EU Laws
BERLIN–In Germany's persistent pursuit of cannabis reform, an unexpected twist has emerged: the country's aspirations might find themselves at odds with European Union regulations, as highlighted by the German parliamentary research unit. Of particular concern ...
Synthetic Psilocybin Shows Potential in Treating Anorexia Nervosa
LOS ANGELES-- In the realm of psychiatric disorders, Anorexia Nervosa stands out as a particularly challenging condition to treat, mainly due to the resistance many patients exhibit towards change. Unlike other mental health issues where ...
Judge Issues Restraining Order Amidst Controversy Over New York Cannabis Licensing
NEW YORK–In a significant legal development, a state Supreme Court judge has taken action against the New York state Office of Cannabis Management following a lawsuit that raises concerns about the equitable distribution of cannabis ...
Ohio Cannabis Legalization Effort Gathers 10 Times Required Signatures
LOS ANGELES-- The Coalition to Regulate Marijuana Like Alcohol (CRMLA), an Ohio-based coalition sponsoring a statutory measure to legalize adult-use cannabis, submitted an additional 6,545 signatures to Secretary of State Frank LaRose's office in Columbus ...
Disabled Veterans Sue NY Cannabis Regulators Over Licensing System
NEW YORK-- A group of disabled military veterans has lodged a lawsuit in New York against cannabis regulators, claiming that their licensing system for certain social equity applicants breaches the state constitution. The lawsuit, filed ...
New York City Takes the Crown as The World’s Cannabis Capital, Global Study Reveals
NEW YORK–In a recent revelation that may raise more than a few eyebrows, New York City has ascended to the apex of global cannabis consumption, a startling position for a metropolis renowned for its fast-paced ...
