Case Studies
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators sharpened their focus on balance sheets ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Cannabinoids Market Worth USD 63 Billion by 2030
SELBYVILLE, Del. - The cannabinoids market value is projected to exceed USD 63 billion by 2030, according to a new research report by Global Market Insights Inc. Rise in the prevalence of Parkinson's disease, muscle ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to ...
Believing These 5 Myths About Delta 8 Gummies Will Keep You From Growing
GLENDALE, Calif. - Cannabis products like Delta 8 Gummies often attract a lot of bad attention on the internet. But they are beneficial from a medicinal side, not just for recreational purposes. So, it is ...
Who Are The Main Players In Cannabis NFTs?
NEW YORK– NFTs burst into the public domain in March 2021 as a result of a massive sale by the renowned auctioneer Christie's. Unlike every other work of art sold through Christie's auction house, this ...
Ayr Wellness’ Partner Wins Provisional Cultivation License in Connecticut
MIAMI and HARTFORD, Conn. - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, a U.S. multi-state cannabis operator, announced that Connecticut Cultivation Solutions, an entity co-owned by Tiana Hercules Esq., a Hartford City Councilwoman, and Ayr, ...
Cannabis Seeds Market to Accrue $6.5 Bn, Globally, by 2031 at 18.4% CAGR: Allied Market Research
PORTLAND, Ore., Sept. 9, 2022 Allied Market Research recently published a report, titled, "Cannabis Seeds Market by Nature (Organic, Conventional), by Type (Feminized seeds, Regular seeds, Autoflowering seeds), by Distribution Channel (Specialty stores, Wholesalers and distributors, ...
How Cannabis Reveals Your Creative Talents
LOS ANGELES–According to scientists, creativity in humans is centered in the brain’s frontal lobe. Cannabis consumption boosts cerebral blood flow (CBF) in this area, making it more active. This type of practice encourages artistic output ...
Storz & Bickel Debuts “with Love, for Peace” Limited-Edition VOLCANO CLASSIC
TUTTLINGEN, Germany, Sept. 8, 2022 -STORZ & BICKEL GmbH a manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy Growth, today unveiled a limited-edition version of its flagship VOLCANO CLASSIC device: the PEACE VOLCANO. Constructed ...
Biotechnology Company Purissima Releases Study Findings Related to the Potential Applications and Usage of Cannabichromene (CBC)
SAN FRANCISCO, Sept. 8, 2022 Purissima a technology health and wellness company, announced the completion of two separate ingredient testing programs with two leading contract research organizations. Testing included biological tests on human skin explants ...
Glass House Brands Closes Grover Beach and Lemoore Natural Healing Center Dispensary Acquisitions
LONG BEACH, CA and TORONTO, Sept. 8, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been obtained for Glass House's acquisition of the Natural Healing Center dispensaries located in Grover Beach and Lemoore, California, and that the ...
Ascend Wellness CEO Abner Kurtin Arrested & Charged With Battery in Florida
MIAMI- Abner Kurtin, the CEO of Ascend Wellness (CSE: AAWH), was arrested in Miami-Dade County. He was then charged with violence and freed yesterday after posting a $1,500 bond. A "stay away order" was issued, ...
MJUnpacked Announces Las Vegas Show This Month & Partnership with Clio Cannabis Awards
NEW YORK, May 25, 2022 – MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, has announced its return to Las Vegas on September 28-30, 2022 at the MGM Grand. Additionally, MJ Unpacked ...
Arkansas Medical Cannabis Sales Reach Record $23.7M in August
ARKANSAS, USA — Medical cannabis patients in Arkansas spent $23.27 million in August 2022 at the state's 38 dispensaries, according to the department of health. The ReLeaf Center in Bentonville was the dispensary with the second largest ...
Vertically Integrated Cannabis Company, The Nirvana Group, Expands into New Mexico
ALBUQUERQUE, N.M., Sept. 7, 2022 The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, ...
San Francisco Decriminalizes Psychedelics & Entheogenic Plants
SAN FRANCISCO–A resolution that decriminalizes psychedelics and other "entheogenic plants" including magic mushrooms (psilocybin), ibogaine, and ayahuasca, which was proposed last month by Supervisors Dean Preston and Hillary Ronen, has been approved. In a stroke ...
Jushi Debuts Cannabis-Infused Chocolates by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced the launch of cannabis-infused chocolates by Tasteology in Massachusetts. The debut of the Company's latest product line, which has ...
Global Cannabis Market to Reach $148.9 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global cannabis market generated $25.7 billion in 2021, and is projected to reach $148.9 billion by 2031, growing at a CAGR of ...
Cannabis Community College Announces a New Online Education Platform
LAS VEGAS - Cannabis Community College is pleased to announce the launch of its new online education platform, featuring high-value classes taught by industry experts. Students can take courses and get certified at their leisure ...
Halo Collective and Alpha Blue Ocean Agree to Early Termination of Loan and Convertible Debentures Agreements
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, ...
Unity Rd. U.S. Cannabis Franchise Fuels 2022 Growth With New Market Expansion and Pending Transformative Acquisition
PHOENIX, Sept. 7, 2022 - Unity Rd National cannabis dispensary franchise in the U.S., has hit record-breaking milestones in 2022. From a pending acquisition that will expand the brand into the world's second largest cannabis market to ...
SEC, OCS and DOJ Investigate Dan Bilzerian’s Ignite Cannabis Company
TORONTO-Dan Bilzerian is under investigation by investigators from the US and Canadian governments. With more than 30 million followers on Instagram alone, Dan is regarded as the ''King of Instagram,'' but with the latest news, ...
Sproutly Announces Cease Trade Order
VANCOUVER, BC, Sept. 6, 2022 Sproutly Canada, Inc. Sproutly announced today that, the British Columbia Securities Commission has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 – Failure to File ...
The Green Organic Dutchman Closes Sale Of HemPoland Subsidiary
TORONTO, Sept. 6, 2022 The Green Organic Dutchman Holdings Ltd. is pleased to announce that it has closed the sale of its Polish subsidiary, HemPoland sp. Under the terms of a share purchase agreement, TGOD ...
Tilray Initiates Roundtable With German Regulators to Kick-Off Draft Legislation to Legalize Adult-Use Cannabis in Germany
BERLIN - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), global cannabis and consumer packaged goods company, today announced that the Company has initiated a policy roundtable with German regulators on adult-use cannabis legalization in Germany. ...
Global Cannabis Concentrate Market Size Worth $18.5 Billion by 2030 at a 25.04% CAGR
Sandy, United States - Custom Market Insights has published a new research report titled “Cannabis Concentrate Market Size, Trends and Insights By Type (Live Resins, Wax, Oil, Chatter, Vape), By End User (Medical, Recreational Next, ...
