Case Studies
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up the first half of September ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, ...
Vireo Growth and Curio Wellness Forge Partnership to Enter New York Market
LOS ANGELES- Vireo Growth Inc. and Curio Wellness have announced ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators
LOS ANGELES- Vireo Growth Inc. has announced a $75 million equity financing at $0.625 per share, alongside agreements to acquire four single-state cannabis operators for approximately $397 million in all-stock transactions. The acquisitions include Proper ...
Canopy USA Appoints M. Brooks Jorgensen as President
LOS ANGELES- Canopy USA, a subsidiary of Canopy Growth Corporation, has announced the appointment of M. Brooks Jorgensen as its new President. Jorgensen brings over two decades of experience in the wine and spirits industry, ...
Expanding Investment Horizons: Opportunities for Cannabis Entrepreneurs
NEW YORK-The cannabis industry is evolving, presenting fresh opportunities for entrepreneurs willing to think beyond traditional boundaries. While some cannabis-specific investors may be stepping back, there’s growing interest from wellness-focused capital, accredited investors, and innovative ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Cansortium Announces Exercise of Equity Cure Right
MIAMI - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit ...
ALM Announces New Course on Managing the Risks of Cannabis-Related Businesses
NEW YORK - The National Underwriter Company, an ALM business, is launching the second course in the multi-course Cannabis Insurance Coverage Specialist (CICS) designation, Managing the Risks of Cannabis-Related Businesses. "We know that there are ...
Botanacor Receives PH&S’ and ASTM’s “CANNQ/HEMPQ Program Certification”
DENVER - The Policy Center for Public Health & Safety (PH&S) and ASTM International, a global standards organization, have awarded Colorado-based Botanacor Laboratories with ASTM's CANNQ/HEMPQ Program Certification. Botanacor leads the hemp industry in consistent ...
Ketamine and 2 Pounds of Psilocybin Seized by Police in Fortuna; One Arrested
LOS ANGELES- (Editor) This is a press release from the Fortuna Police Department. On Wednesday, December 8th 2021, at about 3 PM, a narcotic search warrant was served in the 2600 block of Kenmar Road, ...
Dispensary founded to build wealth for 21 entrepreneurs from South LA
LOS ANGELES - Dispensary concept Sixty Four & Hope today announced the opening of its second of 21 locations owned by social equity cannabis licensees from South Los Angeles. The wellness-focused, culture-rich cannabis store named ...
Select Revolutionizes the Edible Experience with Select X Bites
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today launched Select X Bites, one of the first edibles on the market designed to have a faster ...
The Valens Company to Begin Trading on Nasdaq Capital Market
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announceD that the Company's application to list its common shares on Nasdaq Capital Market has been approved. The Company's ...
Cannabis Lifestyle Brand LEUNE Cannabis Products are Available in Arizona, as Part of New State Expansion
LOS ANGELES - LEUNE, a cannabis lifestyle brand beloved by the modern-day, conscious Cannabis Consumer, announced a new expansion into Arizona today. Previously, LEUNE cannabis products had only been available in California. This rollout is ...
Enjoy Hemp Launches New Line of Gummies With Delta-9 THC
MIAMI - Enjoy Hemp, premium hemp-derived products designed for customers to "enjoy life" how they choose, has launched a line of Delta-9 THC gummies, available in four different effects: Boost, Chill, Euphoria and Zen. Consumers ...
Cannara Biotech Inc. Reports Fourth Quarter and Fiscal Year 2021 Results
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a producer of premium-grade cannabis and derivative products with two mega cultivation facilities based in Québec spanning over 1,650,000 sq. ft., today announced its ...
Panaxia and Neuraxpharm – to sell medical cannabis extracts for vaporization in Europe
DÜSSELDORF, Germany and TEL AVIV, Israel - Panaxia Labs Israel Ltd. (TASE: PNAX), a global pharma company that develops, manufactures and markets advanced medical cannabis-based products in pharmaceutical quality, and Neuraxpharm, Europe's pharma company in ...
Cannformatics Announces Publication of Study Identifying Cannabis-Responsive™ Biomarkers in Children with Autism Spectrum Disorder
SAN FRANCISCO Study results indicate the potential of Cannabis-Responsive biomarkers as a powerful tool in quantifying, at the metabolic level, the benefits of successful medical cannabis treatment in children with ASD. Study results also show the potential ...
Delta Agriculture President Named Co-chair of NIHC Government Affairs Committee
WASHINGTON - Delta Agriculture president Graham Owens has been named co-chair of the Government Affairs Committee of the National Industrial Hemp Council of America (NIHC). Rick Fox, CEO and Founder of Meristem Farms, remains as ...
AlphaRoot Launches Management Liability Insurance Program Calibrated to the Cannabis Industry
NEW YORK - BRP Group, Inc. (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, announced the launch of the AlphaRoot management liability insurance program calibrated to the cannabis, hemp and CBD industries ...
New Study Explores Medical Cannabis Use Among Canadian Veterans
TORONTO - CannCorps, an ongoing study of cannabis use among Canadian Veterans, led by researchers at McGill University has revealed some important findings after less than one month. The online survey allows participants to anonymously ...
Goodness Growth Holdings Launches New Line of Cannabis Edibles
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the launch of HiColor™ gummies and availability in Maryland through the Company's wholesale and retail channels. ...
Pathway Health Corp. Announces Collaboration Agreement with Metro Ontario Pharmacies Limited
TORONTO - Pathway Health, Corp. (TSXV: PHC) announced that it has signed a Collaboration Agreement with Metro Ontario Pharmacies Limited, a subsidiary of Metro Inc. (TSX: MRU), pertaining to the implementation of Pathway's Medical Cannabis ...
GemmaCert Strengthens IP with New US Patent for Cannabis Testing
TEL AVIV, Israel - GemmaCert Ltd. announced the expansion of its patent portfolio, demonstrating its ongoing commitment to innovation of the cannabis testing industry. Earlier it received a notice of allowance by the United States ...
Boston Hemp Explains HHC And Its Effects
BOSTON - HHC is the new wave of hemp derived cannabinoids of the nation. Local health and wellness shops, smoke shops, and convenient stores are starting to stock up as online shops like Boston Hemp ...
UCASU announces LOI to acquire $2.2 mllion Cannabis Property in Oklahoma
ATLANTA - UC Asset LP (OTCQX: UCASU) announced the firm has signed LOI with an Oklahoma cannabis property owner and licensed medical marijuana grower, to acquire its property, including all on-ground structures, for a consideration ...
PBG BioPharma Labs Receive ISO/IEC 17025 Accreditation
LEDUC, AB - PBG BioPharma Inc., (PBG), a Phytochemical Biopharmaceutical Group company, announced that it has received ISO/IEC 17025 accreditation issued by the Canadian Association for Laboratory Accreditation (CALA) for the testing of cannabis and ...
Reps. Dave Joyce and Alexandria Ocasio-Cortez Introduce Legislation To Expunge Marijuana Records
WASHINGTON, D.C. – (NORML) Representatives Dave Joyce (R-OH) and Alexandria Ocasio-Cortez (D-NY) introduced legislation to incentivize state and local governments to expunge the criminal records of tens of millions of Americans who have previously been ...
United States Hemp Building Foundation Brings the Future of Construction to Alabama
NASHVILLE, Tenn. - As the world focus falls on COP26 and the urgent need to take drastic action to decrease our collective carbon footprint, the hemp building industry is poised to take a role. The ...
Kona Gold Beverage, Inc. Launching New Sparkling Lemonade in Q1 of 2022
MELBOURNE, FL - Kona Gold Beverage, Inc. (OTCQB: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, announced it has developed and will be launching a ...
GrowGeneration Relocates to New 25,000 Sq. Ft. Super Hydroponic Garden Center in Phoenix, Arizona
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the company specialty hydroponic and organic garden centers, today announced the relocation of its Phoenix, Arizona store. The new 25,000 sq. ft. Super Hydroponic Garden Center is in the ...
