Case Studies
New Jersey Clears Path for $6M Psilocybin Pilot
TRENTON – The New Jersey Legislature gave final approval last ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
The Important Tax Deadlines to Remember in Cannabis
LOS ANGELES—As we enter 2025, it's crucial for individuals and businesses to keep track of key tax deadlines. Missing these dates can lead to penalties, interest charges, and wasted opportunities for tax savings. At Growise ...
Senator Warren Seeks Clarification from RFK Jr. on Cannabis Legalization and Rescheduling
LOS ANGELES- Senator Elizabeth Warren (D-MA) has formally requested that Robert F. Kennedy Jr., the nominee for Secretary of Health and Human Services (HHS), clarify his stance on cannabis legalization and rescheduling. In a comprehensive ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
CBD and Psoriasis: What Does the Research Say?
According to the National Psoriasis Foundation, more than 125 million people around the globe suffer from this immune condition, making psoriasis one of the world’s most widespread diseases. Psoriasis didn’t become this prevalent because it’s ...
HCN Investigates: What Will the Cannabinoid Market Look Like in 2025?
If you had known ahead of time that the domestic CBD market would explode in 2017, what would you have done differently? There’s no need to wonder—a new opportunity is now arising that could completely ...
California Sets In Motion Decriminalization of Psilocybin
SACRAMENTO – Democrat State Senator Scott Wiener, of San Francisco, introduced a bill for California lawmakers on Thursday that would decriminalize substances such as psilocybin, MDMA, LSD, ketamine, DMT and mescaline in that state. California ...
Domestic Cannabis Industry Has Reached 321,000 Full-Time Jobs
The cannabis industry is one of the fastest-growing sectors in the country. It is helping to invigorate local and state economies across the nation and has proven itself to be an essential service as deemed ...
HEXO to acquire Zenabis in $235M all-stock deal
OTTAWA and VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. ("HEXO") (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc. ("Zenabis") (TSX: ZENA) are pleased to announce that they have entered into a ...
Humboldt Bans Hemp to Protect Cannabis Crops From X Pollination
HUMBOLDT, California. The Humboldt County Board of Supervisors voted unanimously on ban last week to protect cannabis cultivation, taxation. Their ban the growing of low-THC hemp plants went into effect Monday, creating one of the ...
Quick Guide: Everything You Need To Know About Hemp Biomass
Everything You Need to Know About Hemp Biomass Mature, female Cannabis sativa plants consist of many different constituent parts, and not all of these parts are needed to make popular, cannabinoid-rich bulk products like hemp ...
Global Cannabis Market Projected To Reach $90.4 billion In 5 Years
The cannabis industry is booming yet again and new data confirms it. A new report forecasts the global marijuana market to reach a value of $90.4 billion by 2026. The same report puts the current ...
Mile High State Consumed $10 Billion Dollars Of Cannabis
DENVER – Colorado cannabis businesses have cumulatively sold $10 billion of cannabis since 2014, according to new data released by the Colorado Department of Revenue (CDOR) on Tuesday. As of January, the state has collected ...
Roy Bingham Steps Down After 6 Years At BDSA
BOULDER, Colo., Feb. 10, 2021 (GLOBE NEWSWIRE) -- BDSA is pleased to announce Pete Karabas of KEY Investment Partners as chairman of the board as Co-Founder, Roy Bingham, steps down from the chairman role six years after founding the ...
Silo Wellness Hosts First Wellness Retreat in Jamaica
MONTEGO BAY, Jamaica — On the back of their successful capital raise of CA$4.9 million, Silo Wellness will operate it first wellness retreat in Jamaica.This expands Silo Wellness psychedelic retreats in both Jamaica and Oregon, ...
Another Former Politician, Kathleen Sebelius, Joins Cannabis Industry
National Cannabis Roundtable (NCR) has welcomed yet another politician in its ranks. Kathleen Sebelius, the U.S. Department of Health and Human Services secretary under former President Barack Obama, has joined the group to serve as an ...
Ice Cube Joins Celebrity Brand Rush In Cannabis
LOS ANGELES – The trail-blazing Compton rapper, Ice Cube, famous for talking about cannabis in his music, launched his own cannabis line called Fryday Kush, inspired by his iconic movie Friday. “Fryday Kush is made ...
MedMen Set To Report Sales and Forward Plans in 2Q Financials
MedMen Enterprises Inc. ("MedMen" or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, confirmed that it will release its financial results for the second quarter fiscal 2021 ended ...
Top Cannabis Companies And Advocacy Groups Unite To Form The U.S. Cannabis Council
WASHINGTON–(BUSINESS WIRE)–Top cannabis businesses, associations, and advocacy organizations in the United States today launched the U.S. Cannabis Council (USCC), a 501(c)4 nonprofit organization that strategically aligns and unifies its members’ collective voices to advance cannabis ...
A Return to Live Cannabis Events in 2021: Wishful Thinking or Exciting Reality?
The coronavirus pandemic has forced many changes in our society. For the cannabis community, it has put the brakes on conferences, smoke sessions, and parties integral to pushing the needle forward. But with vaccine inoculations ...
Virginia Cannabis Retail Sales Scheduled To Begin in 2024
RICHMOND – With 68% of Virginia’s registered voters support legalizing cannabis, the Virginian General Assembly voted Friday to allow cannabis possession, manufacture and sale. Under the bill passed by their Senate on Friday, simple possession ...
Soccer Legend Boosts Cannabis Company In London Stock Exchange Debut
LONDON, England – A cannabinoids company backed by David Beckham and benefiting from his super-stardom will this week become the first company of its kind to formally unveil plans for a main London stock market ...
New Research: Cannabis Not Connected To Rise In Substance Abuse
PHILADELPHIA – Colorado and Washington legalization of cannabis is not associated with any increase in teens or young adults seeking drug abuse treatment for hard drugs like opioids, cocaine, or methamphetamine, according to data published in ...
Cannabis Social Equity Bill Introduced in Oregon
PORTLAND – Repairing the harm from decades of inequity from the War on Drugs is the goal of the Cannabis Social Equity Act introduced this week by a coalition of legislators in the Oregon State Legislature. ...
7 Top Tips for Selling CBD Wholesale
How do you become successful selling CBD oil wholesale? Check out our top 7 tips for sharing CBD with your customers – and being rewarded. A new study suggests that the CBD industry will grow ...
Idaho Senate Votes To Banish Cannabis Medicines
BOISE – Idaho's Republican-dominated Senate have mustered the votes needed to pass a measure effectively banning cannabis in the Gem state with a 24-11 vote. A proposed constitutional amendment that would prevent the legalization of ...
Could Clubhouse Be The Next Big Thing In Cannabis Networking?
For a heavily networked industry like cannabis, the lack of in-person events due to the COVID-19 pandemic has been devastating. Virtual trade shows and Zoom mixers have sprouted up here and there, but nothing has ...
Is This The End Of Cannabis Tourism In Amsterdam?
Amsterdam is a vibrant city known for its eclectic mix of bicycles, tulips, the Golden Age of art, the Red Light district, and of course, coffee shops. But the iconic cannabis community these coffee shops ...
Kool Cigarettes Sues Bloom Cannabis For Logo Infringement
GREENSBORO, N.C. – Tobacco producer ITG has sued a California cannabis company Capna Intellectual doing business as Bloom Brands accusing it of infringing upon its logo. ITG say Bloom's interlocking OO design (pictured) was too ...
