Case Studies
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price ...
Maine Considers Stricter Medical Cannabis Regulations
LOS ANGELES- Maine lawmakers are evaluating two legislative proposals aimed ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Week In Review: Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue; Netherlands Initiates Regulated Cannabis Sales Trial; Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions; Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024; South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: States Propose Cannabis Tax Hikes Amid Industry Pushback; British American Tobacco Invests $86.8 Million in Organigram; Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles; Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024; Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
4Front Ventures Announces Q4 and FY 2021 Financial Results and Provides Business Update
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. All financial information ...
Charlotte’s Web Among Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. has achieved a milestone becoming one of the first companies to receive validation of its Novel Food applications from the UK Food Standards Agency for ...
Leaders: Moderna, Tilray, PharmaDrug, and Vinco; Highlight New Trends in Vaccines, Biotech, Digital Media, and Consumer Brands
NEW YORK - Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Moderna, Inc. (NASDAQ: MRNA), PharmaDrug (OTC: LMLLF) (CSE: PHRX) ...
Harborside Inc. Announces Completion of Mandatory Conversion of all Multiple Voting Shares to Subordinate Voting Shares
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, is pleased to announce that it has completed the mandatory conversion of all of its issued and outstanding multiple voting ...
Canopy Growth Announces Leadership Appointments and Addition of Strategic Executive Resources
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced the appointment of Judy Hong and Jonathan Di Tosto to its Executive Management Team, along with ...
Psilocybin Could Be Effective in Reducing Weight Gain New Study Shows
LOS ANGELES- Psychedelic company NeonMind announced that psilocybin can significantly reduce weight gain in obese patients by targeting visceral fat. When paired with therapy, psilocybin, the hallucinogenic ingredient in magic mushrooms, has long been regarded to be ...
Greenlane Reports Record Q4 2021 Revenue of $56.0 Million, Loses $7 Million
BOCA RATON–Greenlane Holdings, Inc. (NASDAQ:GNLN), one of global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the fourth quarter and full year ended December 31, 2021. Recent ...
RIV Capital Plan To Acquire Etain LLC
TORONTO — March 30, 2022 — RIV Capital, Inc. (CSE: RIV) (OTC: CNPOF) today announced a definitive agreement to acquire ownership and control of Etain LLC and Etain IP LLC, owners and operators of legally ...
Trulieve Cannabis Posts 24% Profit Increase As Demand For Cannabis Soars
LOS ANGELES– On Wednesday, Trulieve Cannabis Corp (TRUL.CD) announced a 24 percent increase in fourth-quarter adjusted core profit, owing to high demand for cannabis. Trulieve's stock was trading at C$26.48, up 2.3 percent. The findings ...
U.S. Cannabis Sales to More than Double by 2030
LOS ANGELES — New Frontier Data just released its annual market update, the 2022 U.S. Cannabis Report: Industry Projections & Trends, in collaboration with FTI Consulting. Annual legal cannabis sales in the United States are ...
High Tide to Acquire Bud Heaven, Adding Two Established Retail Cannabis Stores in Ontario
CALGARY, AB - High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it is taking yet another step ...
RIV Capital to acquire New York-based Etain, names new CEO to lead entry and expansion in U.S. cannabis market
TORONTO - RIV Capital, Inc. (CSE: RIV) (OTC: CNPOF) announced a definitive agreement to acquire ownership and control of Etain LLC and Etain IP LLC, owners and operators of legally licensed cannabis cultivation and retail ...
Curaleaf Named to TIME’s List of the World’s 100 Most Influential Companies
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, has been named on the second annual TIME100 Most Influential Companies list – an extension of ...
Medical Cannabis Innovator Khiron Signs Partnership with Teleton in Mexico
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), the global medical cannabis leader expanding throughout Latin America and Europe, has partnered with health care company Teleton to bring access to medical ...
urban-gro, Inc. Reports Record Fourth Quarter and Full Year 2021 Financial Results
LAFAYETTE, Colo. - urban-gro, Inc. (Nasdaq: UGRO), an architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture market, reported record fourth quarter and full year financial results and provided full ...
Jushi Holdings Inc. Places on The Globe and Mail’s Third-Annual Women Lead Here List
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it has been recognized in The Globe and Mail’s 2022 Report on Business Women Lead Here list. This annual ...
With Greenlyght, Crypto Merges With Cannabis for Successful Coin Launches of 2022
PORTLAND, Maine - Greenlyght Coin, a groundbreaking blockchain technology on the binance smartchain that utilizes real-world utilities to bridge the gap between cryptocurrency and cannabis, has officially launched one of the most successful token launches ...
U.S. House of Representatives Aims To Pass Bill Legalizing Cannabis This Week
WASHINGTON, D.C.–The House is expected to pass legislation legalizing cannabis this week, marking the latest example of rapidly shifting attitudes about drug prohibitions, which marks a near reversal from Presidents Nixon and Reagan's failed ''war ...
Alcanna Inc. Announces Anticipated Closing Date of Proposed Plan of Arrangement with Sundial Growers Inc.
EDMONTON, Alberta - Alcanna Inc. (TSX: CLIQ) announces today that all regulatory requirements under applicable provincial liquor and cannabis legislation have been satisfied for completion of the previously announced plan of arrangement with Sundial Growers ...
YourWay Cannabis Brands Appoints Sandra Ceccacci, CPA as Its Chief Financial Officer
VANCOUVER, BC - YourWay Cannabis Brands Inc. (CSE: YOUR) (OTC: YOURF) (FSE: HOB), a multi-state and consumer-centric House of Brands committed to redefining the way consumers and cannabis brands interact, today announced that Sandra Ceccacci, ...
Global Cannabis Testing Market Valued at $1.1 Billion (2021), Healthy Growth Rate of 14% To Reach $2.1 Billion by 2026
BRUSSELS, Belgium - Summary: Medi-Tech Insights: Legalization of medical cannabis & rising number of cannabis testing laboratories in key markets such as the U.S., growing adoption of laboratory information management systems (LIMS) in cannabis testing laboratories, ...
Isracann Biosciences Signs Definitive Agreement to Acquire Natural Health Medicine Developer
VANCOUVER, British Columbia - Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF) is pleased to announce that, further to the Company’s news release dated February 23, 2022, it has entered into a definitive agreement ...
High Tide, Welcomes Decision to Permit White Label Products in Ontario
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), Canada's cannabis retailer, with 113 cannabis retail stores currently operating nationwide, including 34 in Ontario,1 welcomes the Alcohol and Gaming Commission of Ontario's ...
Cannabics Pharmaceuticals Changes Name to CNBX Pharmaceuticals
TEL AVIV, Israel and BETHESDA, Md. - Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), announced that it has changed its corporate name to "CNBX Pharmaceuticals Inc." The Company's new brand identity reflects the significant transformation that has ...
Cannabis Amnesty Partners With Toqi, Aurora Cannabis to Create Economic Opportunity With Toqi Fellowship
TORONTO - TOQi Technologies Ltd., has partnered with Cannabis Amnesty, a not-for-profit organization dedicated to righting the historical wrongs created by cannabis prohibition, to launch the TOQi Fellowship for Cannabis Amnesty. The inaugural Fellows, who ...
