Case Studies
Virginia Moves Closer to Cannabis Sales Launch
RICHMOND – Virginia's General Assembly moved forward with key Cannabis ...
Senate Spending Package Eyes Hemp THC Crackdown as Shutdown Continues, Trump Backs Restrictions
WASHINGTON – A bipartisan spending package drafted to end the ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
Kentucky Governor Urges Trump to Honor Campaign Promise on Cannabis Rescheduling
FRANKFORT – Kentucky Governor Andy Beshear (D) has stepped into the national spotlight, urging President Donald Trump to oppose congressional efforts that would halt the federal rescheduling of cannabis from Schedule I to Schedule III ...
California’s Cannabis Excise Tax Increase Sparks Industry Concerns
LOS ANGELES- Effective July 1, 2025, California's cannabis excise tax will rise from 15% to 19%, as mandated by Assembly Bill 195 signed in 2022. This adjustment, announced by the California Department of Tax and ...
Calgary Authorizes Cannabis Sales at Adults-Only Events
LOS ANGELES- Calgary City Council has approved amendments to the Business Licence Bylaw, permitting licensed cannabis retailers to operate temporary sales at adults-only events, such as festivals and outdoor shows. This decision aligns the city's ...
Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement
LOS ANGELES- Christina Lake Cannabis Corp. has completed the first tranche of its non-brokered private placement, issuing 22,778,211 units at a price of CAD $0.05 per unit, totaling approximately CAD $1.14 million. Each unit comprises ...
The Role of Government Relations in Cannabis Industry Success
NEW YORK — In highly regulated industries, success depends not only on how well a business operates, but also on how well it fits within the rules set by government. This is especially true in ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
Kentucky Governor Urges Trump to Honor Campaign Promise on Cannabis Rescheduling
FRANKFORT – Kentucky Governor Andy Beshear (D) has stepped into the national spotlight, urging President Donald Trump to oppose congressional efforts that would halt the federal rescheduling of cannabis from Schedule I to Schedule III ...
At 16.27% CAGR, Industrial Hemp Market Accounted for USD 3.91 Bn in 2020 says Brandessence Market Research
PUNE, India - According to Brandessence Market Research, the hemp industry projections are on a promising trajectory to grow at promising 16.27% CAGR during 2021-2027 period. The Industrial hemp market forecast estimated that industrial hemp ...
CBD Kratom Heads West in New York City
ST. LOUIS, - CBD Kratom will open its fifth New York City store, 2039-B Broadway in the Upper West Side with a soft store opening planned for today, December 3 followed by an official Grand ...
Humble & Fume Announces Sales and Distribution Partnership with PAX Labs, Inc. for PAX®-Branded Vape Devices in Canada
TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced that it has entered into a sales representation and distribution partnership with PAX Labs, Inc., a company ...
Dicalite Launches Two New Products Under the Harvest Hero Brand
WEST CONSHOHOCKEN, Pa. - Dicalite Management Group, LLC, introduced the second and third products from Harvest Hero, a brand of value-added soil amendments and growing media targeting the cannabis industry and overall horticultural market. Harvest ...
AMNESIA Media Launches Highlyte – AI-driven Software Platform
SAN FRANCISCO - Completing a successful $980,000 round of financing, AMNESIA Media announced the launch of its effortlessly compliant software client HIGHLYTE, the first platform to use artificial intelligence to ensure social media safety in ...
PHBI – Pharmagreen Announces Revenue Plan For Proprietary Cannabis Tissue Culture Technology
CARSON CITY, Nev. - Pharmagreen Biotech, Inc., (OTC Pink: PHBI), released a management update from CEO Peter Wojcik. The update is the first in a series of narratives breaking out the company's strategy as it ...
NEKTR Set to Become the First Pro-Medical Cannabis NFT Gaming Platform
RICHLAND, Wash. - At a time when most countries still maintain a tough legal regime prohibiting the use and supply of cannabis, NEKTR token is joining forces with other pro-cannabis communities to spread awareness about ...
Cannabis Legalization Associated with Improved Clearance Rates for Violent Crimes
SALT LAKE CITY – (NORML)– The legalization of cananbis is associated with improvements in police clearance rates for multiple types of violent crimes, according to data published online ahead of print in The International Journal of Drug ...
C3 Industries Completes Deal with Kiva to Produce Kiva Brand Products For Missouri
LOS ANGELES- C3 Industries , a multi-state, vertically integrated cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is expected to ...
US Government Provides Financial Grants For Research Into Psilocybin
WASHINGTON, D.C.– The US federal government has granted researchers studying the therapeutic potential of psychedelic medicine for the first time in 50 years. Indeed, the NIH was a major funder of the early research that ...
Report: Black Friday Cannabis Spending increased 20%, while Overall Retail decreased 28.3%
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of comprehensive technology infrastructure, ecosystem, and compliance engine for the global cannabis industry, shows that Green Wednesday (11/24) and Black ...
United States’s First Commercial Testing Cannabis Lab, Steep Hill, Announces Expansion into Illinois
BERKELEY, Calif. - Steep Hill, the United States' commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use ...
Chemistree to Invest up to $200,000 in Pure-Play Renewable Energy
VANCOUVER, BC - Chemistree Technology Inc. (CSE: CHM) (CSE: CHM.wt) (US OTCQB: CHMJF), announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. ...
Plant-based Hemp + Oat Gelato Debuts Coast to Coast
CLEVELAND - After launching into much-loved Cleveland grocer Heinen's in 2019, Wonderlab's Doozy Pots has announced a major expansion. Their dairy-free oat and hemp gelatos are now available for the first time nationwide in 371 ...
Global CBD Market Retail Sales Jump Along With Rising Consumer Acceptance
PALM BEACH, Fla. - Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance ...
Advanced Container Technologies Now Offers Products at The Supply Joint in Los Angeles
CORONA, Calif. - Advanced Container Technologies, Inc (Ticker: ACTX), announced that a selection of its products are now available at The Supply Joint in Los Angeles. The Supply Joint will sell a variety of Advanced ...
Supervised Drug Injection Sites to Open in NYC in Hopes of Preventing Overdoses
NEW YORK– Mayor Bill de Blasio announced Tuesday that overdose prevention center (OPC) services, aimed at reducing overdose deaths will open in New York City. OPCs are secure facilities where people who use drugs can ...
Cybin Announces FDA Approvals for Clinical Trial to Treat Frontline COVID-Related Distress
TORONTO–Cybin Inc. (NEO:CYBN) (NYSE:CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics”, today announced that the U.S. Food and Drug Administration has authorized an investigator-initiated randomized, placebo-controlled Phase 2 clinical trial evaluating psychedelic-assisted psychotherapy ...
Red White & Bloom Provides Q3 2021 Financial Results: Revenue Increased $6 Million Over Q3 2020
TORONTO– Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF), a multi-state cannabis operator and house of premium brands, announces 2021 third quarter financial results highlighted by a 93% increase in third quarter year ...
Dalwhinnie Farms Names New Chief Executive Officer
Ridgway, CO–Dalwhinnie Enterprises, LLC, the Ridgway, Colorado based cannabis purveyor, names Brandon Barksdale as Chief Executive Officer. The Dalwhinnie family of companies includes the Dalwhinnie Farms vertically integrated luxury cannabis brand, Shift Cannabis, Ridgway Hemp Company, ...
Bespoke Financial Raises $125 Million to Expand Lending Capacity, Fund the Growth of the Cannabis Industry
LOS ANGELES– Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced today the closing of a $125 million credit facility. This infusion of capital from institutional investment funds is a strong show of confidence ...
Curaleaf And Fab 5 Freddy’s B NOBLE To Launch In Cannabis Dispensaries In New York
NEW YORK–B NOBLE Inc. and Curaleaf, a provider of consumer products in cannabis, today announced the expansion of its B NOBLE partnership into medical dispensary locations in New York. This expansion is one of the ...
BlosumCBD Launches New Auto-ship Program with 25% Discount and Other Perks
NEWPORT BEACH, Calif. - BlosumCBD and its CBD products provide everything a customer could want. In their online store, blosumcbd.com, you can choose between THC-free and full-spectrum formulations as well as other cannabidiol products to ...
Cannara Biotech Inc. upsizes CIBC Credit Facility to $22 Million
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), an integrated producer of premium-grade cannabis and derivative products with two cultivation facilities based in Québec spanning over 1,650,000 sq. ft., announced the refinancing ...
C3 Industries Opens 15,000 Sq. Ft. Manufacturing Facility in St. Louis, Missouri
ANN ARBOR, Mich. - C3 Industries , a multi-state cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is ...
