Case Studies
Cannabis Real Estate Trends: What’s Selling Right Now
LOS ANGELES- The Cannabis industry continues to evolve at a ...
NY Regulators Delay Hearing in Bid for Settlement with Cannabis Dispensary Owners
NEW YORK – New York state Cannabis regulators have postponed ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains ...
Google Launches Limited Test of Cannabis Advertising on Its Search Platform in Canada
TORONTO – Google has started a restricted trial allowing select Canadian Cannabis companies to place ads on its search engine, marking a cautious step toward easing long-standing prohibitions on such promotions. The initiative, which went ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed suit against New York regulators on Friday, claiming a state error in enforcing school buffer zones threatens their operations and could force closures or costly ...
Google Launches Limited Test of Cannabis Advertising on Its Search Platform in Canada
TORONTO – Google has started a restricted trial allowing select Canadian Cannabis companies to place ads on its search engine, marking a cautious step toward easing long-standing prohibitions on such promotions. The initiative, which went ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Brazil’s Cannabis Industry Advances Amid Legal and Research Developments
LOS ANGELES- Brazil is witnessing significant progress in its cannabis industry, marked by legal reforms and dedicated research initiatives. The National Health Surveillance Agency (ANVISA) has authorized the importation, manufacturing, and sale of cannabis-based medicines, ...
The History of Sungrown Cannabis in California
LOS ANGELES - California's connection to cannabis resembles a fabulous legend that blends the state's lush landscapes with the determination of its people. Sungrown cannabis, cultivated under the open sky and fueled by the full ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Psilocybin Law Reforms Gain Momentum Across the United States
LOS ANGELES- Efforts to reform psilocybin laws are accelerating nationwide, with several states making significant strides toward decriminalization or legalization of the psychoactive compound found in "magic mushrooms." In Colorado, voters approved Proposition 122 in ...
HYTN Innovations Secures Cannabis Supply Agreements for German Market
LOS ANGELES- HYTN Innovations Inc., a pharmaceutical company specializing in cannabis-derived products, has entered into strategic supply agreements and completed vendor qualifications with two cannabis cultivators, securing a minimum of 4,000 kilograms of cannabis for ...
MediPharm Labs Reports 27% Annual Revenue Growth
LOS ANGELES- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced a 27% increase in annual net revenue for 2024, reaching $42 million. This growth is primarily attributed to a significant rise ...
New Hampshire Governor Maintains Opposition to Cannabis Legalization
LOS ANGELES- New Hampshire Governor Chris Sununu continues to oppose the legalization of recreational cannabis, even as the state's House of Representatives advances related legislation. In February 2025, the House passed House Bill 360, which ...
Gold Flora Corporation Files for Voluntary Receivership
COSTA MESA, Calif. , March 27, 2025 /CNW/ - Gold Flora Corporation ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM), a cannabis company with subsidiaries operating across California, today announced that it filed for a voluntary receivership pursuant under ...
Federal Cannabis Trafficking Cases Reach Record Low
LOS ANGELES- The U.S. Sentencing Commission's 2024 Sourcebook of Federal Sentencing Statistics reveals a continued decline in federal cannabis trafficking cases. In 2024, fewer than 500 individuals were charged, marking a significant decrease from nearly ...
Blueberries Medical Corp. Secures C$1.05 Million in Private Placemen
LOS ANGELES- Blueberries Medical Corp, a Latin American producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement, raising approximately C$1.05 million (US$740,000). The financing involved the sale of 96,064,935 common shares ...
Virginia Governor Vetoes Cannabis Retail Market and Assault-Style Weapons Ban
LOS ANGELES- Virginia Governor Glenn Youngkin has vetoed legislation aimed at establishing a regulated cannabis retail market and implementing a ban on assault-style weapons. These decisions are part of a series of 157 vetoes issued ...
Australian MP Proposes Cannabis Decriminalization
LOS ANGELES- An Australian Member of Parliament has introduced a proposal to decriminalize the possession of small quantities of cannabis, a move that has sparked significant discussion regarding the country's drug policies and their economic ...
Entourage Health Expands Senior Secured Credit Facility
LOS ANGELES- Entourage Health Corp., a Canadian producer and distributor of cannabis products, has amended its senior secured credit facility. The amendment increases the subordinated credit facility by approximately $3 million, with the funds advanced ...
Tariffs on Chinese Imports Impact U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry is experiencing significant effects due to increased tariffs on Chinese imports, particularly in the vaporizer sector. As of February 4, 2025, the United States imposed an additional 10% tariff ...
iAnthus Capital Holdings Reports Fiscal Year 2024 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc, a company engaged in regulated cannabis operations across the United States, has released its financial outcomes for the fourth quarter and full year ending December 31, 2024. Annual Financial ...
The Cannabist Company Expands ‘dreamt’ Brand to Massachusetts, New Jersey, and Virginia
LOS ANGELES- The Cannabist Company Holdings Inc. has announced the introduction of its sleep-focused cannabis brand, 'dreamt,' into the Massachusetts, New Jersey, and Virginia markets. This expansion aligns with Sleep Awareness Month, emphasizing the importance ...
GreenWave Advisors Urges Elected Officials to “Put American Cannabis First”
NEW YORK – In 1996, Medical Marijuana was legalized in California during the Clinton Administration. Since the “Colorado Experiment” in 2014, when the nation’s first recreational use market was implemented, the Federal Government has maintained ...
AYR Wellness Announces Management Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced that Chief Financial Officer Brad Asher has resigned, effective March 23, 2025. The company's board has appointed Donna Granato as Interim CFO, effective immediately. ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
