Case Studies
Psychedelic Alpha Partners with Horizons to Present The Psychedelic Business Forum
NEW YORK – The Psychedelic Business Forum, Horizons: Perspectives on ...
Glass House Brands Reports Q1 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its first-quarter ...
Planet 13 Reports Q1 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. released its first-quarter ...
Colorado Lawmakers Weigh Options for Cannabis Tax Bump
DENVER – Colorado legislators have introduced a bill that would put a small increase in Cannabis taxes before voters this November, aiming to generate funds for mental health programs even as the state's Cannabis market ...
Retail Launch in 2026 or 2027? Why Virginia Operators Must Prepare Before Reconciliation Concludes
VIRGINIA- With gubernatorial alignment and both chambers advancing sales legislation, Virginia’s adult-use market is transitioning from policy debate to execution planning. The House maintains a November 2026 activation date; the Senate proposes January 2027. Conference ...
Ownership Disclosure and 25% Change-of-Control Triggers: How Virginia Will Scrutinize Your Cap Table
VIRGINIA- Ownership transparency and anti-concentration controls remain central to Virginia’s adult-use legislation. Beneficial ownership disclosure requirements capture layered structures and indirect control arrangements. Transfers require Board approval, generally triggered at 25 percent ownership changes within ...
Sunderstorm Welcomes Lime to Its Family of Brands
LOS ANGELES – Sunderstorm, the California-based Cannabis company behind the popular Kanha edibles line, revealed its purchase of Lime, an expert in pre-rolled joints that has carved out a steady presence in the state's retail ...
Curaleaf Observes Delaware Base to Tighten U.S. Footprint
DOVER – Curaleaf Holdings Inc. has filed for shareholder approval to relocate its corporate domicile from British Columbia, Canada, to Delaware, a change designed to match its heavy concentration of business in the American market. ...
Tilray Brands Reports Q2 Fiscal 2026 Financial Results
NEW YORK – Tilray Brands Inc. posted net revenue of $217.5 million for its fiscal second quarter ended November 30, 2025, marking the company's highest quarterly figure to date and edging up 3% from $211 ...
Helus Pharma Rings Nasdaq Bell Post-Cybin Rebrand
TORONTO – Helus Pharma Inc., rebranded from Cybin Inc., opened trading on the Nasdaq Global Market under the ticker symbol $HELP, marking a shift from the NYSE American where it previously traded as $CYBN. The ...
Colorado Lawmakers Weigh Options for Cannabis Tax Bump
DENVER – Colorado legislators have introduced a bill that would put a small increase in Cannabis taxes before voters this November, aiming to generate funds for mental health programs even as the state's Cannabis market ...
Retail Launch in 2026 or 2027? Why Virginia Operators Must Prepare Before Reconciliation Concludes
VIRGINIA- With gubernatorial alignment and both chambers advancing sales legislation, Virginia’s adult-use market is transitioning from policy debate to execution planning. The House maintains a November 2026 activation date; the Senate proposes January 2027. Conference ...
Ownership Disclosure and 25% Change-of-Control Triggers: How Virginia Will Scrutinize Your Cap Table
VIRGINIA- Ownership transparency and anti-concentration controls remain central to Virginia’s adult-use legislation. Beneficial ownership disclosure requirements capture layered structures and indirect control arrangements. Transfers require Board approval, generally triggered at 25 percent ownership changes within ...
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 ...
Neptune Wellness Solutions Announces Pricing of Public Offering to Raise $4 Million for Expansion and Acquisitions
Neptune Wellness Solutions Inc., a company specializing in plant-based and sustainable lifestyle brands, has announced the pricing of its public offering, which aims to raise approximately US$4 million. The offering consists of 12,121,212 common shares ...
New York Unveils Revised Cannabis Regulations, Opening Doors to Recreational Market and Consumption Sites
NEW YORK New York's highly anticipated revised cannabis industry regulations were released on Wednesday by the Office of Cannabis Management, sparking excitement among stakeholders who promptly began analyzing the document for significant changes. The new ...
Rainbow Realty Group and Co-Lenders Close Senior Mortgage for High-End California Cannabis Cultivator Property
Rainbow Realty Group II, LLC has announced the closing of a senior mortgage secured by a state-of-the-art cannabis cultivation property in Santa Ana, California. The senior mortgage was issued in collaboration with Sweet Leaf Madison ...
Ascend Wellness Holdings Appoints John Hartmann as CEO, Prepares for Next Growth Phase
LOS ANGELES-- Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator dedicated to improving lives through cannabis, has announced the appointment of John Hartmann as the new Chief Executive Officer, effective May 15th. As ...
Surging Global Medical Cannabis Market Fueled by Growing Awareness and Legalization Trends, Forecast to 2030
The global medical cannabis market has witnessed remarkable growth, with its valuation reaching USD $9,882.21 million in 2022, and is anticipated to soar to USD $53,886.43 million by 2030, registering a CAGR of 23.61%. Cannabis, ...
Washington State Boosts Diversity in Cannabis Industry with Social Equity Licensing Initiative
WASHINGTON-- In a progressive move to foster diversity within Washington's cannabis sector, Governor Jay Inslee approved a law amendment on Monday, enabling the state's Liquor and Cannabis Board (LCB) to assign 46 forfeited or unutilized ...
Cannabis Operators Suffer Under Heavy Tax Burden, According to Impact Analysis by Whitney Economics
LOS ANGELES-- Cannabis operators are facing a significant hurdle in the form of federal tax provision 280E, which penalizes traffickers of Schedule I or II drugs by disallowing the deduction of "ordinary and necessary" business ...
