Case Studies
Virginia Cannabis Licenses Delayed Again After Spanberger Veto
RICHMOND-Virginia’s long-delayed adult-use Cannabis market has suffered another major setback ...
Charlotte’s Web Reaches Deal with BAT Unit to Convert Debt into Equity
LOUISVILLE – Charlotte’s Web Holdings Inc., the Colorado-based maker of ...
New York Celebrates the Five-Year Anniversary of Cannabis Legalization
ALBANY – Governor Kathy Hochul marked the five-year anniversary of ...
California DCC Grants $1.8M to UC Berkeley and Glass House Brands for Cannabis Yield Study
LONG BEACH – State regulators have awarded $1.8 million to a partnership between the University of California Berkeley and Glass House Brands to study variations in Cannabis crop yields across cultivation methods, a move that ...
MindMed Rebrands as Definium Therapeutics, Targets 2026 Trials for LSD-Based Treatments
NEW YORK – Mind Medicine (MindMed) Inc., a developer of treatments derived from psychedelics for mental health conditions, has changed its name to Definium Therapeutics Inc., a move that underscores its push into late-stage testing ...
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 ...
Manitoba Cannabis Sales Accelerate, Leaving Liquor in the Rearview
WINNIPEG – Cannabis revenues in Manitoba posted double-digit gains, handily surpassing liquor sales and underscoring the steady climb of the province's legal Cannabis trade. Manitoba Liquor & Lotteries, the corporation charged with distributing both products, ...
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
California DCC Grants $1.8M to UC Berkeley and Glass House Brands for Cannabis Yield Study
LONG BEACH – State regulators have awarded $1.8 million to a partnership between the University of California Berkeley and Glass House Brands to study variations in Cannabis crop yields across cultivation methods, a move that ...
MindMed Rebrands as Definium Therapeutics, Targets 2026 Trials for LSD-Based Treatments
NEW YORK – Mind Medicine (MindMed) Inc., a developer of treatments derived from psychedelics for mental health conditions, has changed its name to Definium Therapeutics Inc., a move that underscores its push into late-stage testing ...
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 ...
Trulieve Supports Disabled American Veterans Job Fair Through National Partnership
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) , a cannabis company in the U.S., is proud to support the Disabled American Veterans (DAV) at its RecruitMilitary Job Fair. Held in Atlanta, Ga., ...
Curaleaf’s Grassroots Brand and Ganjier Announce Cannabis Education Partnership
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), announced a first-of-its-kind cannabis education partnership for its Grassroots brand with Ganjier, the Cannabis Sommelier Certification Program. Similar to the Sommelier's role in the wine ...
Cronos Unveils its New CBC Product: Spinach FEELZ™ Day Trip Gummies With THC+CBC
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), a global cannabinoid company, announced the launch of a CBC-focused product, the Spinach FEELZ™ THC+CBC Day Trip Mango Lime gummies, utilizing Ginkgo Bioworks’ platform for organism ...
Good Supply Cannabis Brand Launches ‘Peppermint Phatty’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, announced today the launch of Peppermint Phatty 510 vape, the newest addition to the Good Supply vape ...
Global Industrial Hemp Market Report 2022
Dublin - According to the publisher, the global industrial hemp market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a ...
Trulieve Launches Khalifa Kush Cannabis in Pennsylvania Through Exclusive Partnership with Wiz Khalifa
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced the official launch of Khalifa Kush premium medical marijuana products statewide in all Trulieve Branded Pennsylvania retail locations starting Monday, December 12, 2022. This ...
Biden Signs Law Paving the Way for Cannabis Research
WASHINGTON, D.C.-President Joe Biden signed legislation on Friday that will facilitate cannabis research and promote the creation of pharmaceuticals derived from the plant. Bipartisan advocates for the Medical cannabis and Cannabidiol Research Expansion Act expressed ...
Aurora Cannabis Repurchases ~$103 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc.(NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $102.5 million (US$76.1 million) principal amount of ...
Ayr Wellness Kicks Off “12 Days of Giving,” a $100,000 Holiday Donation Campaign
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, today announced the beginning of its second annual “12 Days of Giving” campaign. The campaign will run through December 16th, 2022, ...
CBD Oil Market to Register 31.50% CAGR by 2031
NEWARK, Del - The global cannabidiol CBD oil market is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.50% annually over the projection period from 2021 to 2031. The global market ...
TerrAscend and Cookies Celebrate the Grand Opening of Cookies Jackson
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, Gage Cannabis Co., opened a new flagship cannabis provisioning center in Jackson, Michigan. Located at 118 ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of ...
Numinus Wellness Inc. Reports Q4 2022 and Annual Results
Q4 2022 revenues grew 643% year-over-year to $4.2 million Q4 2022 gross margin grew to 31.5%, generated $1.3 million of gross profit Completed acquisition of Novamind, positioning Numinus as a leading, integrated mental healthcare company providing psychedelic-assisted therapies ...
Poll: Americans Overwhelmingly Support Legalizing Cannabis
WASHINGTON, DC: Eighty-nine percent of Americans say that cannabis should be legal for either medical or adult use, according to nationwide polling compiled by the Pew Research Center. Fifty-nine percent of respondents said that cannabis should ...
Cannabidiol (CBD) API Market to Record Rapid Growth with CAGR of 41.7% by 2030
JERSEY CITY, N.J. - InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global Cannabidiol (CBD) API Market By Product (Full spectrum CBD, Broad-spectrum CBD, CBD isolate, Water Dispersible CBD ...
Patient Demand for Medicinal Cannabis in Australia Continues to Grow
MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products such as CBD oil Australia wide, as the stigma around medical cannabis ...
Study: Cannabis Use Improves Health in Treatment-Resistant Fibromyalgia Patients
HOLON, Israel: Cannabis treatment is associated with quality of life improvements in patients with treatment-resistant fibromyalgia (FM), according to the results of a prospective cohort study published in the journal Pain Practice. Israeli researchers evaluated cannabis’ efficacy in ...
Bill To Legalize Cannabis Presented to Irish Parliament
DUBLIN, Ireland–A bill that would make cannabis use legal for personal use will be presented to the Dáil, the Irish parliament. Representative Gino Kenny of People Before Profit noted that although the bill was supposed ...
Raphael Mechoulam, ‘Father of Cannabis Research,’ Dies at 92
JERUSALEM- Raphael Mechoulam, widely regarded as the father of cannabis research, passed away on September 27th, 2021, at the age of 92. Born in Bulgaria in 1930, Mechoulam was a brilliant Israeli chemist who dedicated ...
Cannaland Defines the Future of WEB3 and the Metaverse Experience for Cannabis Enthusiasts
NASSAU, Bahamas - The next frontier of marketing and brand interaction was revealed by Cannaverse Technologies at the 2022 MJBizCon event in Las Vegas, Nevada, November 14-18. It came in the form of CANNALAND™ a ...
TerrAscend Reduces Outstanding Debt by US$30 Million
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary, WDB Holding MI, Inc. (DE), and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of ...
Cannabis Thanksgiving Holiday Sales See Double-Digit Growth vs 2021
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company delivered data showing that Green Wednesday and Black Friday are on track yet again to become the second- and third-highest grossing sale days ...
Cannabis Cultivation Global Market Report 2022: Featuring Pacific Cannabis Growers
Dublin - The global cannabis cultivation market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The cannabis cultivation market is ...
Ayr Wellness Begins Adult-Use Sales at Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), begins adult-use sales alongside its established medical sales at its Somerville, MA retail location. Located at 240 Elm St, Somerville, MA 02144, Sira Naturals Somerville is ...
