Case Studies
Germany Puts “GMP Washing” in Medical Cannabis on Notice
BERLIN – Germany's Hessian State Office for Health and Care ...
Why the Endocannabinoid System Is the Future of Cannabis Medicine
NEW YORK- Cannabis medicine is entering a more serious phase. ...
Cannabis, Inflammation, and the Next Frontier in Root-Cause Medicine
NEW YORK- Cannabis medicine is moving beyond pain, sleep, and ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
Trulieve Reports Q4 and FY 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp., the largest U.S. Cannabis retailer by store count, announced its full-year 2025 revenue of $1.2 billion, holding steady from the previous year as retail pricing pressures offset gains from new ...
Banks Still Hesitant on Expanding Services for Cannabis Businesses Post-Trump Rescheduling Order
LOS ANGELES – President Donald Trump's Executive Order fast-tracked the move to reschedule Cannabis under the Controlled Substances Act, aiming to ease research barriers and tax deductions for state-legal operators. Yet even as this policy ...
Atai Gains Nasdaq Biotechnology Index Spot
NEW YORK – AtaiBeckley N.V., the clinical-stage biopharmaceutical firm born from the November merger of atai Life Sciences and Beckley Psytech, has secured a place in the Nasdaq Biotechnology Index (NBI), a move that underscores ...
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to acquire Eaze Inc. in a stock-based transaction valued at $47 million upfront, marking the company's first push into the competitive California and Florida markets. The ...
Massachusetts Cannabis Rollback Gains Legislative Traction
BOSTON – State election officials have validated more than 78,000 signatures for a measure that would dismantle the commercial side of Massachusetts' recreational Cannabis industry, thrusting the issue back into legislative hands just as the ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
Trulieve Reports Q4 and FY 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp., the largest U.S. Cannabis retailer by store count, announced its full-year 2025 revenue of $1.2 billion, holding steady from the previous year as retail pricing pressures offset gains from new ...
Oklahoma Rejects Adult-Use Cannabis Legalization, Industry to Remain Medical-Only
OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for ...
Female-Owned Cannabis Startups Struggle to Secure Funding
LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding ...
New York Doubles Number of “Justice-Involved” Cannabis Retail Permits in Effort to Expand Market and Increase Social Equity
NEW YORK-- New York’s state Cannabis Control Board has announced it will double the number of “justice-involved” retail permits from 150 to 300, in an effort to expand the market and support social equity retailers. ...
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 ...
