Case Studies
Maryland Collects $18.4M in Cannabis Tax Revenue for April-June Quarter
ANNAPOLIS – The Maryland Comptroller's Office issued a quarterly report ...
High-Potency Cannabis Strains Impact Legal and Health Systems
LOS ANGELES— The expansion of high-potency cannabis products—such as concentrated ...
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
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 ...
Week In Review: Bipartisan Legislation for Expungement of Pardoned Federal Offenses; Trump’s Appointments & Future of Federal Cannabis Policy; Federal Restrictions on Cannabis Sales in Washington
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 ...
Portugal Eyes Leadership Role in Global Medical Cannabis Market
LOS ANGELES- Portugal is positioning itself as a significant player in the medical cannabis industry, leveraging its favorable climate and regulatory framework to boost production and exports. In 2023, the country exported nearly 12,000 kilograms ...
Hemp Industry Anticipates Expansion
LOS ANGELES- The U.S. Hemp Roundtable, a leading advocacy organization for the hemp sector, has strengthened its leadership by appointing two prominent figures from the hemp beverage industry. In September 2024, Art Massolo, Vice President ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Extract Labs Analytics Services Certified by Colorado Department of Public Health and Environment
BOULDER, Colo.- Extract Labs Analytics Services is now certified by the Colorado Department of Public Health and Environment (CDPHE) to conduct hemp compliance testing. An established leader in the cannabis industry, the lab is only ...
The Highly endorsed CBD Science Group announced EIS investment opportunity, helping advance Cannabis based treatments for cancer pain.
LONDON - CBD Science Group PLC announced an EIS Approved Series A funding round, on the Crowd for Angels platform. The Series A Funding is a raise of £2 million at £0.50 per share on ...
Harvest of Ohio Opens Medical Dispensary in Athens
CLEVELAND, Ohio - Harvest of Ohio, LLC, the female minority-led, vertically-integrated cannabis operator in Ohio, announced the opening of a new medical dispensary in Athens, Ohio. The dispensary began serving patients on a limited basis ...
High Tide Announced Opening of Canna Cabana Retail Cannabis Store in Guelph
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced that its Canna Cabana retail cannabis store located ...
Cannabis for a Higher Purpose
SACRAMENTO, Calif., - Patrick Wlaznak, President of Soulshine Development Group, Inc (dba Soulshine Cannabis), a privately held company, announced a new partnership with California cannabis processor, Khemia Manufacturing Group, Inc. Soulshine Cannabis is launching its ...
PHCO2 Ingredients Available through Distribution Partnership with Open Book Extracts
SACO, Maine - PHCO2, announced a distribution partnership with Open Book Extracts (OBX). The agreement includes distribution of all of PHCO2's USDA-Certified Organic ingredients with all natural minor cannabinoids. "We see this partnership as a ...
Fluent by Cansortium Opens New Dispensary in Fruitland Park, Florida
MIAMI - Fluent by Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) , a vertically-integrated cannabis company operating under the Fluent™ brand, announced the opening of Fluent Fruitland Park, the Company's 27th retail location in Florida. The ...
Flourish Software Receives SOC 2 Type II Report Setting the Standard for Enterprise Grade Software for Cannabis, CBD and Hemp Industry Clients Nationwide
ATLANTA - Flourish Software, a seed-to-sale tracking and supply chain management software solution enterprise built for regulated cannabis, CBD, and hemp cultivators, manufacturers, distributors, and retailers, is pleased to announce it has now received its ...
Restorative Botanicals Awarded USDA Organic Certification for CBD-Rich Hemp Oil Products
BOULDER, Colo. - Restorative Botanicals, company in the cannabinoid-rich hemp product category, is pleased to announced that it has added the USDA Organic certification to its long list of independent, third-party certifications that include cGMP ...
Harvest Opens Thirteenth Florida Dispensary In Kissimmee
PHOENIX - Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., announced the opening of a new medical dispensary in Kissimmee, Florida. Harvest of ...
Sundial Launches First Canadian Caviar Cone Under Top Leaf Brand
CALGARY, AB - Sundial Growers Inc. (NASDAQ: SNDL), a Canadian licensed producer that crafts premium cannabis, has launched Caviar Cones, its newest product innovation, under the award-winning Top Leaf brand. The Forbidden Lemon Caviar Cones ...
CBD Coffee Pioneer Ready to Shake Up the Category with $2 Million Series A Round
FRAMINGHAM, Mass. - Flower Power Coffee Company is poised to seize leadership in the explosive CBD coffee category, announcing plans to raise USD $2M in Series A Capital for expanding sales operations, marketing and channel ...
Audacious Expands California Footprint with Retail Acquisition and EAZE Distribution Partnership
LAS VEGAS - CEO Terry Booth announced: Australis Capital Inc., operating as AUDACIOUS (CSE: AUSA) (OTC: AUSAF) today announced the Company entered into a binding terms sheet on September 14, 2021 to acquire 100% of ...
Thompson Duke Industrial Adds Supply Chain and Production Director to Growing Leadership Team
PORTLAND, Ore. - Thompson Duke Industrial, has promoted Carson Hoffman to Supply Chain and Production Director. Thompson Duke created this new leadership position in response to company growth and increased demand for equipment. In his ...
Cannabidiol Market Size Passed $7 Billion In 2020, Estimated To Grow At Over 35% CAGR Between 2021 And 2027
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The CBD isolate market has been growing even before the pandemic appeared. While some areas of the healthcare sector remain to be impacted, the CBD sales have ...
Poda Announces Proposed Name Change and Proposed New Corporate Structure
VANCOUVER, BC- PODA LIFESTYLE AND WELLNESS LTD. (CSE: PODA)(FSE: 99L)(OTC: PODAF) announced that its Board of Directors has approved a change of the Company's name from "Poda Lifestyle & Wellness Ltd." to "Poda Holdings, Inc." ...
MXXN Launches Industry’s First Cannabis-Infused, Alcohol-Free Spirits
MILL VALLEY, Calif. - MXXN, a non-alcoholic, cannabis-infused spirits brand, enters the cannabis and spirits industries with the launch of three expressions: London Dry, Jalisco Agave and Kentucky Oak. Founded by spirits industry veteran Darnell ...
DEEP DIVE: USA & Global Hemp Market Updates: September 2021
LOS ANGELES - This is a round up of the latest news developments in the business of Hemp. Hemp is one of the fastest growing industries in the world, and this update covers North America ...
California Department of Cannabis Control Files Emergency Rules
LOS ANGELES–On September 8, 2021, California’s Department of Cannabis Control (DCC) gave notice of new emergency rules intended to eliminate duplicative language, clear up areas of industry confusion, and make consistent licensing and enforcement requirements ...
GrowGeneration Announces Opening of the Largest Hydroponic Garden Centers in Los Angeles County
DENVER, -- GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced the opening of two new hydroponic garden centers to serve the largest hydroponic market in the country, ...
Halo Collective’s Bophelo Bioscience & Wellness Signs Distribution Agreement with Cantourage GmbH for Europe
TORONTO, -- Halo Collective Inc. ("Halo") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced that its wholly-owned subsidiary, Bophelo Bioscience & Wellness (Pty) Ltd. , has signed a processing and distribution agreement with Cantourage GmbH, one ...
Portland Based CBD Company, Better Conditions, Launches USDA Certified Organic CBD Oils
LAKE OSWEGO, Ore. -- Better Conditions is an up and coming Portland-based CBD company with one mission - to help people feel better inside and out. In 2020, Better Conditions set out to create a premium quality ...
Canary RX Receives its Health Canada Sales License
NORFOLK COUNTY, ON -- Target Group Inc. (OTCQB: CBDY) reported that its wholly owned subsidiary, Canary Rx Inc. has received its Health Canada sales license. Under its Sales License, Canary RX announced that is now authorized to manufacture ...
Glass House Brands Completes 5.5M Sq. Ft. SoCal Greenhouse Acquisition
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis and hemp companies in the U.S., today announced that its ...
Village Farms International Unveils New Corporate Branding
VANCOUVER, BC, - Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today unveiled new corporate branding and launched its new corporate website at www.villagefarms.com. Village Farms' new corporate branding embodies the Company's evolution over the ...
