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Case Studies2020-11-19T22:10:23-08:00

Case Studies

Virginia Medical Cannabis Generated Over $15M in January

RICHMOND – Virginia's medical Cannabis market reaped $15.1 million in sales during January, according to a report published by the Virginia Cannabis Control Authority. The figure, drawn from 126,706 transactions across the state's licensed pharmaceutical ...

CRS Reveals Hemp Ban Enforcement Hurdles

WASHINGTON – The Congressional Research Service (CRS) has highlighted gaps in the federal government's plans to enforce the upcoming ban on intoxicating hemp products, raising questions about the practical reach of the law amid the ...

Virginia Medical Cannabis Generated Over $15M in January

RICHMOND – Virginia's medical Cannabis market reaped $15.1 million in sales during January, according to a report published by the Virginia Cannabis Control Authority. The figure, drawn from 126,706 transactions across the state's licensed pharmaceutical ...

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 ...

  • CBD Oil Market, CBD Skin Care Market, Industrial hemp Market, Medical Marijuana Market, Cannabis Market, Legalized Cannabis Market

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 ...

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 ...

  • TerrAscend

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 ...

  • Ayr Wellness

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 ...

  • CBD market, Cannabis Extract Market, Cannabidiol

Can “CB2 Oil” Help Control Blood Sugar?

TORONTO, Nov. 23, 2022 November 2022 marked the 100 anniversary of a truly Canadian innovation: the discovery of insulin. This life-saving hormone can help control blood sugar and prevent the disastrous consequences that set in when blood sugar ...

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