Case Studies
Los Angeles City Council Advances a Tax Amnesty Program for Licensed Cannabis Businesses
LOS ANGELES – The City Council voted 13-0 to instruct ...
Indiana Residents Voice Strong Support for Medical and Recreational Cannabis Legalization
INDIANAPOLIS – A recent survey of Hoosier voters indicates broad ...
Bipartisan Bill Aims to Push Back Hemp Ban for Two Years
WASHINGTON – A group of lawmakers from both parties filed ...
Former Texas Governor Rick Perry Champions Ibogaine Research at Dallas Documentary Films Event
DALLAS – Former Texas Governor Rick Perry called for broader access to ibogaine, a psychedelic compound derived from the African iboga shrub, during a panel discussion following a screening of documentary clips on Thursday night. ...
Poll Finds Broad Voter Support for Legal Hemp with Stricter Safeguards
WASHINGTON – A national survey released this week reveals that a solid majority of American voters back the continued legality of consumable hemp products, provided federal authorities introduce tougher safety and licensing rules aimed at ...
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, launched a new service this week aimed at treating gynecological and hormonal disorders with therapies involving Cannabis. The initiative marks the first of its kind ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
Former Texas Governor Rick Perry Champions Ibogaine Research at Dallas Documentary Films Event
DALLAS – Former Texas Governor Rick Perry called for broader access to ibogaine, a psychedelic compound derived from the African iboga shrub, during a panel discussion following a screening of documentary clips on Thursday night. ...
Poll Finds Broad Voter Support for Legal Hemp with Stricter Safeguards
WASHINGTON – A national survey released this week reveals that a solid majority of American voters back the continued legality of consumable hemp products, provided federal authorities introduce tougher safety and licensing rules aimed at ...
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, launched a new service this week aimed at treating gynecological and hormonal disorders with therapies involving Cannabis. The initiative marks the first of its kind ...
Adastra Holdings receives permission to sell cocaine and psilocybin for medical purposes only
LOS ANGELES-- Adastra Holdings, based in British Columbia, has announced that it has been granted permission by the Canadian federal government to sell both cocaine and psilocybin. However, Health Canada, the federal agency governing the ...
Cannabis firms turn to Republic for fundraising under crowdfunding scrutiny
LOS ANGELES-- Republic, a relatively new source of lower-level direct investing for businesses, has become a popular platform for cannabis companies seeking capital. At least 18 cannabis firms have launched campaigns on the platform, which ...
Las Vegas Approves Cannabis Lounge Regulations
LAS VEGAS- In a historic move, the Las Vegas City Council voted 4 to 1 in favor of authorizing cannabis consumption lounges within the city limits today. While San Francisco is the first city in ...
Nalu Bio Raises $12 Million in Series A Funding Round to Scale Production of Synthetic Cannabinoids
SAN FRANCISCO-- A based producer of synthetic cannabinoids, Nalu Bio, announced on Tuesday that it had raised $12 million in a Series A funding round, led by Intrinsic Capital Partners, a Pennsylvania-based investment firm focused ...
Virginia Passes Tough New Restrictions on Delta-8 THC Products
RICHMOND-- Virginia lawmakers have approved strict new regulations on products containing delta-8 THC, a hemp-derived cannabinoid. The legislation, which was hammered out on the last day of the General Assembly session, will require sellers of ...
RIV Capital CEO Departs, Revenue Shows Slight Improvement in Q3 2022, and Company Looks to Unlock Intrinsic Value
LOS ANGELES-- Canadian cannabis investment company RIV Capital announced on Tuesday that CEO Mark Sims was leaving the company with immediate effect. The departure came as the company revealed its financial results for the quarter ...
Growing Basics – Gas Lantern Technique
Grower Essentials: The Gas Lantern Technique Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some ...
Green Thumb Industries Generates $1B in Revenue for 2022, Posts Profit Despite Q4 Losses
LOS ANGELES-- Green Thumb Industries Inc. a cannabis producer and retailer in the US, announced that it hit $1 billion in revenue for 2022, a year marked by growth and challenges in the cannabis industry. ...
Cresco Labs and Columbia Care Extend Closing Date for $2 Billion Megadeal Amid Regulatory Approvals and Divestiture Concerns.
NEW YORK-- Cresco Labs and Columbia Care Inc., the parent company of Sunnyside dispensaries and Cannabist respectively, have agreed to extend the closing date of their $2 billion, all-stock megadeal to June 30, 2023. Despite ...
American Weed Co Founders Call for Nationwide Legalization of Cannabis for Veterans
WASHINGTON-- American Weed Co, a new cannabis company owned and operated by veterans, has announced it will devote a portion of its revenue to combating the epidemic of veteran suicide and modernizing outdated federal cannabis ...
MJ Unpacked Returns to New York with a Fresh Look Thanks to Strategic Partnership with ABC Brand/Design
NEW YORK-- MJ Unpacked, a cannabis trade event for brand and retail executives, as well as accredited investors, is set to make a return to New York on April 26th to the 28th, with a ...
MedMen Enterprises Hires ATB Capital Markets to Review and Sell Non-Core Assets in Restructuring Efforts
LOS ANGELES-- MedMen Enterprises Inc. has provided an update on its restructuring efforts, announcing that it has hired ATB Capital Markets Inc. to review and sell one or more of its non-core assets in Arizona, ...
California’s Legal Cannabis Market Faces Downturn in Sales and Industry Challenges
LOS ANGELES-- Legal cannabis sales in California have hit a roadblock as consumers purchased $5.3 billion worth of cannabis in the state in 2022, an 8% drop from the previous year, according to a report ...
RIV Capital and Hawthorne settle disputes with JW Asset Management over Etain acquisition
LOS ANGELES--RIV Capital Inc. has reached a settlement with JW Asset Management LLC (JWAM) over a dispute related to its acquisition of New York-based medical cannabis operator Etain. JWAM had raised concerns over the purchase ...
Canadian Cannabis Consumers Moving Toward Legal Market, Study Finds
WATERLO-- A new study published in the Harm Reduction Journal has revealed that Canadian cannabis consumers are increasingly turning to the legal market. Researchers from the University of Waterloo's School of Public Health conducted a ...
Global Cannabis Market Expected to Reach Nearly $60 Billion by 2027, with U.S. Accounting for Three-Quarters of Sales, says BDSA Report
LOS ANGELES--The global cannabis market is poised for massive growth in the next four years, with projected sales of nearly $60 billion by 2027, according to a recent market forecast by BDSA. This represents a ...
Updates: What’s Happening in USA’s East Coast Cannabis Markets?
NEW YORK- The legal cannabis industry in the United States has been growing at a rapid pace in recent years, with several states legalizing the use of cannabis for medical and recreational purposes. While the ...
The Parent Company and Gold Flora Announce Plans to Merge Businesses
SAN JOSE, Calif. TPCO Holding Corp. (NEO: GRAM) (OTCQX: GRAMF), a consumer-focused California cannabis company, and Gold Flora, a vertically-integrated California cannabis company, today announced that they have entered into a definitive business combination agreement to ...
Switzerland’s Cannabis Market Set to Boom Following Test Market
ZURICH–In recent years, the legal cannabis market has been rapidly expanding in Switzerland, driven by changing attitudes towards the substance and its potential medicinal benefits. This development has been accompanied by a growing number of ...
Oklahoma Voters to Decide on Recreational Cannabis Legalization: What’s at Stake for the State’s Booming Cannabis Industry?
OKLAHOMA CITY, In just under two weeks, voters in Oklahoma will have the opportunity to decide whether to legalize recreational cannabis in addition to the state's already expansive medical cannabis market. The measure, State Question ...
Challenges and Competition for Legal Cannabis in Manhattan as New York’s Adult-Use Program Slowly Takes Shape
NEW YORK, New York's adult-use cannabis program has finally started to take shape with four legal stores now open and operating. However, the road to get here has been long and fraught with challenges, and ...
California’s Cannabis Industry Still Struggling with Systemic Hurdles and Local Veto Power, Says Industry Consultant
LOS ANGELES-- The cannabis industry in California is still facing major obstacles despite being the most populous state in the US. Many businesses are struggling to turn a profit in the market due to a ...
SEC seeks $6.2M from two men accused of penny stock scheme
Los Angeles, The US Securities and Exchange Commission (SEC) has asked a federal judge in Boston to approve a proposed judgement against William Kaitz and Graham Taylor for their alleged roles in a $140m penny ...
New Cannabis Brands Face Shorter Lifecycles, With Survival Rates Tied to Market Conditions
LOS ANGELES, A new report by sale tracking firm Headset has found that new cannabis brands entering the market have shorter lifecycles than in the past. The report analyzed distinct brand launches in the first ...
Sky Wellness CBD Sleep Gummies Named Winner of 2023 Product of the Year USA Award
PHOENIX, Sky Wellness CBD Sleep Gummies, a premium THC-free, broad-spectrum CBD + CBN sleep aid, has been named a winner of the 2023 Product of the Year USA Awards. This is the largest consumer-voted awards ...
