Case Studies
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Ontario Cannabis Sales Reach CA$166 Million in January, Marking 6% Annual Growth
LOS ANGELES- Ontario's legal cannabis market commenced 2025 with robust performance, recording sales of CA$166.15 million in January. This figure represents a 6% increase compared to January 2024, indicating sustained consumer demand and market expansion. ...
Neurotech International Enters Development Agreement for Cannabinoid Therapies
LOS ANGELES- Neurotech International Limited, a clinical-stage biopharmaceutical company specializing in pediatric neurological disorders, has signed a development agreement with RH Pharma, a subsidiary of the European Cannabis Company (ECC). This collaboration aims to develop ...
North Carolina Voters Show Strong Support for Medical Cannabis Legalization
LOS ANGELES- A recent poll indicates that a significant majority of North Carolina voters favor the legalization of medical cannabis, with substantial backing across political affiliations. The survey reveals that 45% of respondents "strongly" support ...
Industry Collaboration Essential to Mitigate Cannabis Testing Lab Fraud
LOS ANGELES- The cannabis industry is confronting significant challenges related to fraudulent practices in testing laboratories, including the inflation of THC potency levels and the manipulation of safety results. These actions not only mislead consumers ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, CBD and vaporization device company announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha ...
Woven Science Launches Psychedelic Care Platform With $8.5M Seed Financing
NEW YORK–Renewed scientific interest in psychedelic medicine is generating a deeper understanding of the pharmacologic substances and practices that humans have long used for ceremonial, therapeutic and cultural purposes. "We're excited by the potential for ...
Herbarium Hosts The CBX Takeover For The Last Prisoner Project
LOS ANGELES–Herbarium is officially partnering with CBX to fundraise for The Last Prisoner Project and advocate for the decriminalization of cannabis. CBX Takeover, presented by Herbarium and CBX, will be held May 28th, 2021 in ...
BOLD Receives Cannabis Oil Sales License From Health Canada
SASKATOON–BOLD Growth Inc., a licensed producer based in Saskatchewan is pleased to announce it has been granted a license from Health Canada to sell cannabis oil products, effective May 12, 2021. This license will allow ...
Delta 8 THC is a Fun Version of Weed – Ministry of Hemp’s Podcast #61
LOS ANGELES–The Ministry of Hemp's 61st episode saw the host Matt sit down with Jordan Lams, the CEO of Moxie, a Long Beach-based marijuana cultivation and manufacturing company. The duo wanted listeners to know how it feels ...
Prima Closes $9.2 Million Seed Plus Financing
LOS ANGELES–The Uplifters' Prima, PBC a purpose-driven brand focused on science-backed plant therapeutics and cannabinoids, today announced the close of a $9.2 million Seed Plus financing led by leading institutional venture firms Greycroft, H Ventures, Defy, and Lerer ...
Flash Report: Memorial Day Weekend Cannabis Sales Predicted To Reach $238M
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise resource planning (ERP) software technology platform, predicts that Memorial Day weekend will be high grossing for the cannabis retail industry, with approximately $238,000,000 in adult-use and medical ...
Charlotte’s Web Unveils New In-Store Displays As Retail Rebounds
BOULDER–Consumers are finally returning to in-store shopping for their health and wellness needs. Charlotte's Web Holdings Inc., today unveiled two retail innovations: a first-to-market high tech in-store kiosk that doubles as an educational resource for ...
Cannibble Enters Canadian Cannabis Edibles market
ROSH HAA'YIN, Israel–Cannibble FoodTech Ltd an Israeli Foodtech start up, announced that it reached an agreement to develop a new line of CBD infused shakes with one of Canada's leading Cannabis companies. Cannibble will develop ...
Stability Cannabis Close $44 Million Series A Funding Round
OKLAHOMA CITY–Cannabis cultivator and distributor Stability Cannabis has successfully closed a $44 million series A funding round; acquires minority equity position in Missouri cannabis operation. "The accelerating growth and profitable operating profile of Stability Cannabis ...
Panaxia And Leriva Announce Exclusive Cannabis Collaboration In Greece
ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, ...
Cookies and WebberWild Join Forces to Launch Cookies U
HUMBOLDT–Cookies' Social Impact Program, an initiative by international cannabis brand COOKIES dedicated to creating a more equitable and accessible cannabis industry, and WebberWild Impact Foundation "WebberWild," a non-profit organization that funds education and training for persons ...
Greenlane Announce Quarter 1, 2021 Revenues
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2021. First Quarter ...
TerrAscend Reports First Quarter 2021 Results
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported financial results for its first quarter ending March 31, 2021. First Quarter 2021 Financial Highlights (Unless otherwise stated, ...
Leaf Infusions 15,000 Sq. Ft. Cannabis Co-Packing Facility for “White Label Products” in Metro Vancouver
NEW WESTMINSTER, B.C.–Leaf Infusions has begun the construction process of its 15,000 square foot facility in New Westminster, British Columbia. Leaf Infusions provides 'white-label', that is, turn-key cannabis co-packing solely focused upon formulation, testing, manufacturing, ...
Missouri’s Largest Cannabis Processing Facility Just Completed
ST. LOUIS–MidWest Roots successfully passed its inception inspection and then, upon licensure, will begin production as soon as adequate supplies of raw materials are secured. Midwest Roots has completed the build out of a 65,000 ...
Petalfast Closes $2.8 Million Round Of Funding Led By Merida Capital Holdings
IRVINE, Calif., –Petalfast Inc. today announces the closing of a $2.8 million capital raise in connection with its latest round of Series A funding. Led by Merida Capital Holdings, the funding provides Petalfast with the opportunity to strengthen ...
Minnesota House Passes Adult Use Recreational Cannabis Bill
ST. PAUL, Minn.– For the first time, the Minnesota House of Representatives passed a bill legalizing recreational cannabis. The House voted 72-61 to approve the bill, but that's as far as the bill will get: ...
dosist™ Launches Advanced CBD+ Topical Collection to Help Address Pain
LOS ANGELES– dosist™ today announced the launch of its progressive new range of CBD+ topical products aimed at disrupting the pain category with all-natural solutions designed to help with pain relief. Launched under their newly created dosist ...
Arcadia Biosciences Acquires Lief Brands’ Portfolio of CBD and Wellness Brands
DAVIS, Calif., – Arcadia Biosciences (Nasdaq: RKDA), today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, ...
MariMed Announced Q1 2021 Financial Results
NORWOOD, Mass.–MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended March 31, 2021. Q1 2021 Financial Highlights from Management: ...
Nova Announces First Quarter 2021 Results
EDMONTON, AB–Nova Cannabis (TSXV: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2021. "Nova has been executing its growth strategy to ...
VIVO Cannabis Announces First Quarter 2021 Results
TORONTO–VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) today released its first quarter 2021 financial and operating results. Management Commentary "In the first quarter of 2021, VIVO made significant contributions to its organizational foundation with the ...
