Case Studies
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in ...
St. Louis Dispensary Chain Faces Lawsuit Over Unpaid Cannabis Product Invoices
LOS ANGELES- Curio Manufacturing, a cannabis supplier, has filed a ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
Week In Review: Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives; Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales; Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
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: Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue; Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders; Hemp-Derived CBD Market Set to Expand Significantly by 2034
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: Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators; Minnesota Approves Hemp Seed Meal for Laying Hens Agrify Divests Cultivation Business to Focus on THC Beverages; Aurora Cannabis Expands Distribution in Australia
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: Cansortium Completes Merger with RIV Capital; Cannabis Industry Forecast for 2025: A Year of Transformation; MariMed Launches Wholesale Cannabis Operations in Missouri; Aurora Cannabis Expands Distribution in Australia
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 ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
Aurora Cannabis to Purchase Thrive Cannabis Owner TerraPharma in $38 Million Deal
TORONTO - Aurora Cannabis Inc. has acquired TerraFarma Inc., the parent company of Thrive Cannabis, to enhance Aurora's premium cannabis brand strategy. Thrive will merge with Aurora, which will buy all of TerraFarma's issued and ...
Parallel Announces Opening of Surterra Wellness Dispensary in Crestview, FL
CRESTVIEW, Fla. - Parallel, multi-state medical marijuana operators in the U.S., announces the opening of a new Surterra Wellness (Surterra) medical cannabis dispensary in Crestview, Florida, the first dispensary welcomed by the City. A grand ...
Viola Launches Iverson ‘01 Strain Exclusively in Michigan
DETROIT - Viola, the Black-owned producer and licensed reseller of cannabis products, will be releasing limited quantities of their latest strain as part of the ongoing multi-year partnership with NBA Icon Allen Iverson. To support ...
COAST Prepare for Summer With New Flavor Portfolio
DALLAS - CBD smokes brand COAST has expanded their collection of organic CBD and CBG smokes to include a total of 8 flavors. The classic flavors included Original, Zero and Menthol, but the new Cherry, ...
Unity Rd. Breaks Into New Mexico With Multi-Unit Signed Agreement
RUIDOSO, N.M. - Unity Rd., the national cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB), announced the signing of an agreement that will bring three shops to New Mexico, further solidifying its position ...
Canopy Growth Shines a Light on Menstrual Health Through CBD Efficacy Study
SMITHS FALLS - Canopy Growth Corporation's (TSX: WEED) (NASDAQ: CGC) scientific research team has announced positive results from a six-month, randomized clinical trial studying the effects of cannabidiol (CBD) on menstrual-related symptoms. This study was ...
Virtual Psychedelic Therapy Company TripSitter.Clinic is Joined by Reconcious Medical
TORONTO - TripSitter Clinic Ltd. (CSE: KETA) (FSE: UY0), a telehealth clinic enabling physician-directed treatment plans of safe and legal evidence-based psychedelic medicine, has been joined in medical, clinical, and administrative operations by Insight Systems, ...
MediPharm Labs Acquires IP from Shelter Cannabis Brands, Strengthens Business by Adding Flower and Pre-Rolls to Portfolio
TORONTO - MediPharm Labs Corp. (TSXV: LABS) (OTCQX: MEDIF) (FSE: MLZ) a pharmaceutical company specialized in precision-based cannabinoids, today announced that it has acquired the intellectual property portfolio of Shelter Cannabis, including cannabis dried flower ...
Akerna Announces Fourth Quarter and Full Year 2021 Financial Results
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, reported its unaudited financial results for the ...
Charlotte’s Web Signs Exclusive UK Distribution Agreement with Savage Cabbage
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has signed an exclusive product distribution agreement in the United Kingdom with Savage Cabbage Ltd., one of the oldest and most trusted CBD companies in ...
Elevate Holistics Leverages Fullscript to Offer Patients Natural Solutions to Common Health Concerns
KANSAS CITY, Mo. - Elevate Holistics, a multistate solution provider in the medical marijuana industry, is integrating with Fullscript, a nutraceutical ecommerce platform, to provide patients with products to help support a more natural way ...
AUDACIOUS Opens Medical Cannabis Clinic in Southeast Asia
LAS VEGAS - Just as the dynamic Thai medical cannabis market begins to blossom, AUDACIOUS and Thai-based partner Golden Triangle Health have partnered to open the first Herbidus Medical Center in Bangkok, which is also ...
Decibel Appoints Manjit Minhas as Senior Advisor and Director Nominee
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a cannabis producer, is pleased to announce that it has appointed Manjit Minhas, an entrepreneur, venture capitalist and beer baroness, as a Senior Advisor ...
Cannabis Marks a New Milestone: Wellness Benefit
LOS ANGELES - Jointly, the cannabis wellness company, announced an employee wellness benefit that includes coverage for purposeful cannabis consumption. Reimbursing up to $150 per month for lawful purchases of cannabis products, Jointly's benefit sets ...
Nova Announces Fourth Quarter and Year End 2021 Results
EDMONTON, AB - Nova Cannabis Inc. (TSX: NOVC) released its audited annual consolidated financial statements and management's discussion and analysis for the year ended December 31, 2021. "We launched Value Buds in 2021 to provide ...
Mike Tyson Launches ”Mike’s Bites” Gummies in the Shape of a Bitten Ear
LOS ANGELES - Mike Tyson sells legal cannabis products through his brand Tyson 2.0. He recently posted on Twitter about one of his newest cannabis-related products. This new product comes in the form of a ...
Psychedelics Deep Dive: Psychedelic Medicines in Development: Part 3 of 4
LOS ANGELES- Human beings have used psychedelic substances for thousands of years. It's only recently, though, that these mind-altering compounds have made their way back into the realm of mainstream medical science. Out of all ...
Down with High THC
By Rob Sanchez - Standing in line at the dispensaries here in Las Vegas, one can overhear customers ask for the highest THC products constantly. Bud-tenders throw words like “sativa” and “indica” around as if ...
HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today reported its financial results for the fiscal quarter ended January 31, 2022 (Q2’22). The quarter was focused on ...
Wellbeing Digital Sciences Reports Financial Results for the Second Fiscal Quarter of 2022
VANCOUVER, British Columbia - Wellbeing Digital Sciences Inc. (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based healthcare company focused on innovative clinical solutions, artificial intelligence-powered digital therapeutics and contract research, announced that it has filed ...
Body and Mind Reports Q2 FY2022 Financial Results
LAS VEGAS and VANCOUVER, BC - Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), a multi-state US cannabis operator, is pleased to report its financial results for the second fiscal quarter ended January 31, 2022. ...
Verano Opening Two MÜV Dispensaries in Florida’s Tampa Bay Area
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of its 42nd and 43rd MÜV dispensaries in Florida. MÜV Brandon, located at 942 West Lumsden Road, and MÜV ...
iAnthus Reports Fiscal Fourth Quarter, Full Year 2021 Financial Results
NEW YORK and TORONTO - iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reported its financial results for the fourth quarter and ...
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially
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, filed its financial results for the first fiscal quarter of 2022, ...
Cannabis Payments Platform CanPay Exceeds Half a Billion Dollars in Retail Purchases
LITTLETON, Colo. - CanPay, a payment network for cannabis retailers and consumers, announced that it has surpassed half a billion dollars in transparent transactions in states where cannabis is legal. CanPay is now used at ...
