Case Studies
Distressed Assets Are Reshaping Cannabis M&A
LOS ANGELES- Distressed assets are now driving the next phase ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
The Garden Returns: Spiritual Plants Launches a New Category of Plant Medicine Rooted in Ritual, Not Recreation
LOS ANGELES, CA — Spiritual Plants today announced its formal market entry as a belief-driven plant medicine platform built around ritual, intention, and repeatable practice—not recreational hype or potency escalation. Founded by cultural strategist and ...
Cronos Introduces Premium Brand to Israeli Medical Cannabis Market
TORONTO – Cronos Group Inc. has launched its premium Cannabis brand in Israel, making five indoor-grown strains available to medical patients through pharmacies across the country. The announcement represents the latest step in Cronos' strategy ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors in Cannabis and Psychedelics faced a week of sharp contrasts. Federal action ended the longest government shutdown on record, yet it delivered a body blow to hemp-derived products that ...
Europe Advances Psychedelic Medicine with Targeted Approvals in Three Nations
BERLIN – Switzerland's long-standing framework for psychedelic treatments has set a course for its neighbors, as Germany and the Czech Republic roll out their own programs to address stubborn mental health conditions. These steps mark ...
Tilray Updated Investor Presentation Detailing Diversification Strategy
NEW YORK – Tilray Brands Inc. laid out its broadened ambitions in a new Investor Presentation. The document maps a course for the company to solidify its place as a consumer goods player, blending Cannabis ...
Argent BioPharma Secures AU$11M Facility to Finalize AusCann Assets Purchase
SYDNEY – Argent BioPharma Ltd., a developer of cannabinoid-based treatments for neurological disorders, has arranged an AU$11 million convertible debt facility to close its pending acquisition of key assets from the defunct AusCann Group Holdings ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
The Garden Returns: Spiritual Plants Launches a New Category of Plant Medicine Rooted in Ritual, Not Recreation
LOS ANGELES, CA — Spiritual Plants today announced its formal market entry as a belief-driven plant medicine platform built around ritual, intention, and repeatable practice—not recreational hype or potency escalation. Founded by cultural strategist and ...
Cronos Introduces Premium Brand to Israeli Medical Cannabis Market
TORONTO – Cronos Group Inc. has launched its premium Cannabis brand in Israel, making five indoor-grown strains available to medical patients through pharmacies across the country. The announcement represents the latest step in Cronos' strategy ...
MindMed’s Phase Study for Generalized Anxiety Disorder Enrolls +50% of Participants
LOS ANGELES-- Mind Medicine (MindMed), a clinical-stage biopharmaceutical company focused on developing treatments for brain health disorders, provided an update on its Phase 2b study evaluating MM-120 (lysergide D-tartrate) for generalized anxiety disorder (GAD). The ...
Arizona to Award $5 Million in Grants for Clinical Studies on Psilocybin Mushrooms
PHONIX-- Arizona is set to allocate $5 million in grants for researchers to conduct clinical studies on the therapeutic potential of hallucinogenic psilocybin mushrooms. The state's recently approved budget for fiscal year 2024 includes a ...
Glass House Brands Sees Opportunities as Legal Cannabis Farming Space Shrinks in California
LOS ANGELES--During Glass House Brands' recent earnings call, CEO Kyle Kazan revealed that the legal cannabis farming space in California is expected to significantly shrink this year, presenting an opportunity for the company to capture ...
Uncomfortably High-Testing Reveals Inflated THC Levels on Cannabis Packaging
LOS ANGELES-–Legal Cannabis products in the United States are required to report THC potency (total THC % by dry weight) on packaging. However concerns have been raised that reported THC potency values are inaccurate. This ...
Solutions Explored at NY Cannabis Insider Conference to Address Challenges in New York’s Adult-Use Cannabis Program
NEWYORK--, NY Cannabis Insider hosted a conference in Albany, bringing together stakeholders to discuss solutions to the persistent challenges faced by the New York adult-use cannabis program. One of the main issues raised was the ...
Canopy Growth Files Revised Proxy Statement to Accelerate Entry into U.S. Cannabis Market
LOS ANGELES-- Canopy Growth Corporation, aNorth American cannabis and consumer packaged goods (CPG) company, announced today the filing of a revised proxy statement with the U.S. Securities and Exchange Commission (SEC). The statement outlines the ...
Canadian Cannabis Producer BZAM Announces Non-Brokered Private Placement to Raise Up to C$5 Million
BZAM Ltd a Canadian cannabis producer, revealed its plans to conduct a non-brokered private placement to raise approximately C$5 million. The company intends to offer up to 22,222,223 units, with each unit priced at C$0.225. ...
Licensed Cannabis Transporters in Illinois File Lawsuit Against State Department of Agriculture for Failing to Regulate Cannabis Transportation
In a legal battle that could have significant implications for the cannabis industry in Illinois, a coalition of 13 licensed cannabis transporters has filed a lawsuit against the state Department of Agriculture, accusing regulators of ...
Auxly Cannabis Group Inc. Achieves Positive Adjusted EBITDA in Q1 2023
TORONTO--, Auxly Cannabis Group Inc. (TSX: XLY) announced its financial results for the first quarter ended March 31, 2023, revealing positive Adjusted EBITDA and notable revenue growth. The company, a leading player in the cannabis ...
Atai Life Sciences Reports Q1 2023 Financial Results and Updates on Clinical Trials
LOS ANGELES-- Atai Life Sciences, a clinical-stage biopharmaceutical company, released its financial results for the first quarter of 2023, along with updates on corporate developments. The company's cash reserves decreased from $273.1 million in December ...
MC Global Holdings Reports Strong Q1 Revenue, Significant Net Income Growth, and Positive Cash Flow
LOS ANGELES-- MC Global Holdings (MCG) has announced impressive financial results for the first quarter (Q1) of 2023, with strong revenue, substantial net income growth, and positive cash flow. The company exceeded expectations, surpassing both ...
Neptune Wellness Solutions Successfully Completes Public Offering, Securing Approximately $4 Million in Gross Proceeds
LOS ANGELES-- Neptune Wellness Solutions Inc., a consumer-packaged goods company focused on plant-based and sustainable lifestyle brands, has successfully closed a public offering of its common shares and accompanying warrants. The offering consisted of 12,121,212 ...
Curaleaf Holdings, Inc. Reports Strong Q1 2023 Results, Exceeding Revenue Expectations
LOS ANGELES-- Curaleaf Holdings, Inc, a global provider of consumer products in the cannabis industry, announced its financial and operating results for the first quarter ended March 31, 2023. The company's performance exceeded expectations, demonstrating ...
CASE STUDY: What Can Cannabis Leaders Learn From Mid-Day Squares?
LOS ANGELES--Mid-Day Squares, the brainchild of Nick Saltarelli, Lezlie Karls, and Jake Karls, has emerged as a captivating force in the world of chocolate. This family-owned business has embarked on a mission to combat mid-day ...
California Cannabis Brands & Distributors Organize Targeting Tardy Dispensary Payments
SAN FRANCISCO--Cannabis operators Kiva Sales & Service, Lowell Farms, Nabis, Sunderstorm and other key industry players in the world’s largest legal market, today announced the formal launch of Financial Stability for California Cannabis (FSCC), a new coalition composed of industry stakeholders. ...
A Leap Forward: The Psychedelic Revolution in Mainstream Medicine
LOS ANGELES-- Psychedelic-assisted therapy, though still viewed with skepticism by some segments of society, has taken a significant step towards mainstream medical acceptance. The American Medical Association (AMA), a key player in the U.S. healthcare ...
Cannabis Industry Sees Continued Growth Across Various Markets
LOS ANGELES--, The cannabis industry has witnessed a significant expansion in recent years, finding applications in diverse sectors such as cosmetics, pharmaceuticals, and food and beverages, according to a report from Grand View Research. The ...
Glass House Brands Surpasses Expectations in Q1 2023 with Positive Cash Flow and Increased Revenue
LOS ANGELES-- Glass House Brands Inc., a prominent vertically integrated cannabis company in the U.S., has reported impressive financial results for the first quarter ending March 31, 2023. The company registered a net sales growth ...
Review: MJ Unpacked Returns To Light Up New York
3 Big Hits From MJ Unpacked in New York By Gregory Frye If you didn’t make it to MJ Unpacked in New York City late last month, you missed out on a fantastic cannabis conference. ...
Green Thumb Industries Grapples with Federal Complaints and Union Negotiations Amid Employee Strikes
LOS ANGELES-- Illinois-based cannabis company, Green Thumb Industries is navigating stormy waters as it continues to negotiate employment terms with the International Brotherhood of Teamsters. This follows a nearly two-week-long strike at several of Green ...
MediPharm Labs Reports Strong Financial Results and Progress Towards Profitability
LOS ANGELES-- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced its financial results for the first quarter ended March 31, 2023. The company's performance reflects progress towards profitability and significant milestones ...
Oklahoma Cannabis Industry Successfully Navigates Contentious Legislative Session
OKLAHOMA-- Despite concerns over a potential crackdown on Oklahoma's medical cannabis market following the failure of a recreational marijuana legalization ballot question in March, the state's cannabis industry has managed to avoid a disastrous outcome ...
New US Senate Hearings: Why is The SAFE Banking Act Important?
LOS ANGELES--The Safe Banking Act, a bill that would provide a safe haven for banks and financial institutions that work with legal cannabis businesses, is under discussion in Congress. If passed, the Act would allow ...
RIV Capital Provides Regulatory and Operational Update on New York’s Revised Cannabis Regulations
NEW YORK -- RIV Capital Inc, an acquisition and investment firm focused on developing a leading multistate platform with a robust portfolio of brands in strategic U.S. markets, has shared a regulatory and operational update ...
Uncomfortably High: Many Cannabis Labels Found Inflating THC Levels
LOS ANGELES--Legal cannabis products sold in the United States are required by law to report their THC potency, or the percentage of tetrahydrocannabinol by dry weight, on the packaging. However, concerns have been raised about ...
