Case Studies
What’s in a Jar? For Cannabis Concentrate Brands, Quite a Lot
LOS ANGELES – The packaging debate in Cannabis manufacturing rarely ...
The Canadian Workaround: Why U.S. Cannabis Companies May Need a Canadian Entity to Restructure
NEW YORK- Cannabis has produced a workaround that shouldn’t exist—but ...
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its revolving credit facility that lifts the available funds to $100 million and stretches the repayment deadline. The change adds $25 million to the prior $75 ...
Circle K Tests Hemp THC Waters in Texas
DALLAS – Circle K has begun stocking shelves with hemp-derived THC beverages at select Texas stores, marking the c-store chain's first foray into the state's market for intoxicating hemp products. The rollout, in partnership with ...
Is the Movement to Repeal Adult-Use Cannabis in Three States a Real Threat to Their Budgets?
NEW YORK – In a development that has raised eyebrows among industry watchers, advocacy groups in Massachusetts, Maine, and Arizona are pushing ballot measures to dismantle key elements of adult-use Cannabis programs, even as these ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its Cannabis sector for economic relief, the Lebanese government established a dedicated committee to regulate the cultivation and sales of Cannabis under a long-dormant 2020 law. ...
Verano Shareholders Approve Corporate Home Relocation to Nevada
CHICAGO – Verano Holdings Corp. secured strong backing from investors to move its parent company's legal base from British Columbia, Canada, to Nevada. The approval came during a special shareholder meeting, clearing a key hurdle ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with Farm 2 Hand, LLC, a licensed cultivator and processor in New York, to roll out its lineup of edibles across the state starting in 2026. ...
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its revolving credit facility that lifts the available funds to $100 million and stretches the repayment deadline. The change adds $25 million to the prior $75 ...
Circle K Tests Hemp THC Waters in Texas
DALLAS – Circle K has begun stocking shelves with hemp-derived THC beverages at select Texas stores, marking the c-store chain's first foray into the state's market for intoxicating hemp products. The rollout, in partnership with ...
Is the Movement to Repeal Adult-Use Cannabis in Three States a Real Threat to Their Budgets?
NEW YORK – In a development that has raised eyebrows among industry watchers, advocacy groups in Massachusetts, Maine, and Arizona are pushing ballot measures to dismantle key elements of adult-use Cannabis programs, even as these ...
Jushi Holdings Inc. Announces Leadership Appointments and Management Changes
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced leadership appointments and management changes. These changes include the appointment of Michelle Mosier as the Company’s Chief Financial Officer ...
Tilray Brands Reports Second Quarter Fiscal Year 2023 Financial Results
LEAMINGTON, Ontario and NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today ...
The Parent Company Restructures Jay-Z and Other Partnerships
SAN JOSE- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, today announced that it has entered into modification agreements to restructure the relationship between Roc Nation LLC, SC Branding, LLC and The Parent ...
$23.2+ Billion Worldwide Cannabidiol Market to 2031
Dublin - This report provides strategists, marketers and senior management with the critical information they need to assess the global cannabidiol market. The global cannabidiol market is expected to grow from $5.03 billion in 2021 ...
MAPS Moves Closer to FDA Approval for MDMA for PTSD
NEW YORK- The nonprofit Multidisciplinary Association for Psychedelic Studies’ (MAPS) clinical research program has achieved an important milestone: a successful confirmatory Phase 3 trial of MDMA-assisted therapy for post traumatic stress disorder (PTSD). The clinical ...
Cannabis Beverages Market Size is Predicted to Rise from US$ 1,227.3 Million in 2023 to US$ 5,899.5 Million by 2033
NEWARK, Del - The reception of cannabis beverages is supposed to increment at a CAGR of 17.00% during the estimate time frame. The cannabis beverages market is expected to ascend from US$ 1,227.3 Mn in ...
Government of Colombia Declares Mandatory Insurance Coverage for Medical Cannabis Products
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), announces that the new Colombian Government has included plant-based medical cannabis products (i.e., Khiron products) in the list of mandatory insurance-covered medications starting ...
Aurora Cannabis Announces Sale of Polaris Facility
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced that the Company has closed the sale of its Aurora Polaris facility for gross proceeds ...
Snoop’s Death Row Records Launches Cannabis Brands
LOS ANGELES- Snoop Dogg, who now owns Death Row Records, has announced the launch of a new brand of Death Row Cannabis. A legendary label, Death Row Records, has launched a new cannabis the cannabis ...
Village Farms International Commences Shipping Cannabis to Israel
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced further progress on its international cannabis strategy and commented that the lack of cannabis legislative action by the United States Senate (in direct contrast to ...
Canopy Growth Completes Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis and 420 Investments Ltd. to divest its retail business across ...
The Valens Company Obtains Final Court Order Approving the Proposed Plan of Arrangement With SNDL
KELOWNA, BC- The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, is pleased to announce today that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving ...
Connecticut To Begin Selling Adult-Use Cannabis Next Week
NEW HAVEN–According to the Connecticut Department of Consumer Protection, cannabis sales to adults in Connecticut can start next week. On Tuesday, January 10, no sooner than 10 a.m., or as local zoning permits, licensed hybrid ...
Connecticut Expunges Records of 40,000 Cannabis Law Violators
NEW HAVEN–Yesterday, on January 1, 2023, almost 40,000 citizens of Connecticut with cannabis-related offenses would have their records completely or partially deleted in an act called ‘’The Clean Slate Act.’’ According to the legalizing legislation ...
Top-Selling California Beverage Brand Allows Loyalists to Buy Shares
WALNUT, Calif., Jan. 2, 2023 Uncle Arnie's, California's best-selling high-dose cannabis beverage brand, is revolutionizing the way people consume and enjoy cannabis. The company's mission is to create the world's most approachable, accessible, and iconic cannabis beverages. And now, ...
The Good Shroom Co Discloses Q1 Financial Results, Records Over 16x Revenue Growth Quarter Over Quarter.
MONTREAL, Dec. 28, 2022 The Good Shroom Co Inc. discloses financial results for the first quarter ended October 31, 2022. The Company recorded $822,569 in sales revenue. Over 16X growth quarter over quarter. Gross profit margins were of $181,942. No ...
Cannabis Beverages Market Research Report to 2027
New York - The Global Cannabis Beverages Market size was estimated at USD 541. 42 million in 2021 and expected to reach USD 596. 65 million in 2022, and is projected to grow at a ...
Chemistree Technology Inc.
VANCOUVER, BC, Dec. 23, 2022 Chemistree Technology Inc. Pursuant to the Supplemental Indenture entered into with the Debenture Trustee, Odyssey Trust Company, effective January 17, 2022, the Company will pay the interest due on December 31, 2022 - via ...
Clinical Trial: Cannabis Oil Effective at Improving Sleep in Adults with Insomnia
MELBOURNE–The short-term use of plant-derived cannabis extracts is well-tolerated and effective in patients diagnosed with insomnia, according to placebo-controlled trial data published in the Journal of Sleep Research. Australian researchers assessed the use of a proprietary cannabis oil ...
CBD Skin Care Market to be Worth $8.62 Billion by 2030
SAN FRANCISCO - The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period, according to a new report by Grand View Research, Inc. The awareness ...
MariMed Adds Candy Cane Flavored Vape Pen To Its InHouse Brand Line-up for the Holiday Season
NORWOOD, Mass. - The Holiday Season just got merrier with the addition of a Candy Cane flavored disposable vape pen to the InHouse brand line-up of vapes and gummies launched by MariMed, Inc. (CSE: MRMD) ...
North American Cannabis Market Report 2022-2026
DUBLIN - In the US, adult-use sales are estimated to reach US$18.5 billion in 2022 and grow by 218% to US$58.8 billion by 2026. As adult-use markets grow, they will eat into medical markets. With ...
Cannabis Cultivation Revenue Continues to Climb as Demand & Usage Grows Across North America
PALM BEACH, Fla. - The global cannabis cultivation market has grown significantly during the COVID-19 pandemic. The demand for hemp is rapidly growing, as many developed countries have legalized the cultivation and processing of hemp ...
Global Hemp Based Food Market Report 2022
New York - The global hemp based food market is expected to grow from $4.60 billion in 2021 to $5.01 billion in 2022 at a compound annual growth rate (CAGR) of 8.74%. The Russia-Ukraine war ...
District Court Orders Mexican FDA to Grant Cannabis Authorizations to Xebra
VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, is pleased to announce, that further to its press release of December 8, 2022, a District Court judge has ruled ...
