Case Studies
C-Stores Press Ahead with Hemp-Derived Products as Regulations Tighten
LOS ANGELES – Major convenience store operators keep stocking hemp-derived ...
Mid-Cap Cannabis Operators Face Liquidity Pressures Despite Solid Leverage, Viridian Report Finds
LOS ANGELES – Public Cannabis companies with $25-100 million market ...
Ascend Wellness Partners with Cannabis Advocate for New Dispensary in New Jersey
NEW YORK – Ascend Wellness Holdings Inc. disclosed a partnership ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
POSaBIT Captures Majority of Cannabis Transactions in Washington State
LOS ANGELES- POSaBIT Systems Corporation a provider of point-of-sale and payments infrastructure in the cannabis industry, now processes over 85% of all cannabis point-of-sale transactions in Washington State. Established in 2015, POSaBIT has expanded ...
Hemp-Derived Products Influence Cannabis Market Dynamics
LOS ANGELES- The 2018 Farm Bill's legalization of hemp cultivation has significantly impacted the cannabis industry, leading to the emergence of various hemp-derived products that are reshaping market dynamics. One notable development is the ...
High Tide Reports Q1 Revenue
LOS ANGELES- High Tide Inc. a Canadian cannabis retailer, announced its financial results for the first quarter ended January 31, 2025, reporting revenue of CAD 142.5 million, an 11% increase from the same period last ...
MindMed Appoints Matt Wiley as Chief Commercial Officer
LOS ANGELES-Mind Medicine (MindMed) Inc. a biopharmaceutical company specializing in brain health disorders, has announced the appointment of Matt Wiley as Chief Commercial Officer (CCO). In his new role, Mr. Wiley will oversee MindMed's ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
High Tide Reports First Quarter 2021 Financial Results Featuring a 179% Increase in Revenue and EBITDA of $4.6 Million
CALGARY, AB, – High Tide Inc. (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, filed its financial results for the first fiscal quarter of ...
Nextleaf Solutions Secures $3 Million in Convertible Note Financing
Vancouver, British Columbia– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) , an innovative cannabis processor, is pleased to announce that it has closed a private placement with an institutional investor for aggregate gross ...
CannabCo Announces Breakthrough in Cannabis Production with Phoenix 2.0
BRAMPTON, ON– CannabCo Pharmaceutical Corp., a Canadian company located in Brampton, Ontario, announced the latest results of their Phoenix 2.0 system. Working with their technology partners for the enhancement of CannabCo's proprietary grow system, dubbed ...
Inner Spirit Holdings Closes $11.5 Million Equity Financing
CALGARY, AB– Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf cannabis retail stores, today announced it has closed its previously announced "bought deal" short form prospectus ...
Spyder Cannabis Acquires Leading Vape Retailer 180 Smoke
Vaughan, Ontario – Spyder Cannabis Inc. (TSXV: SPDR), an established Canadian cannabis and vape retailer, is pleased to announce the closing of its previously announced acquisition on February 23, 2021 of all of the issued ...
Santé Laboratories Independently Submits Novel Foods Application for UK Distribution of its CBD Formulation
AUSTIN– U.S.-based Santé Laboratories is confident it independently met requirements requested by the Food Standards Agency (FSA) in the United Kingdom (UK) for its water-based cannabidiol (CBD) formulation in time to the eagerly awaited March ...
BLAZE Raises $8 Million in Series A Funding
LOS ANGELES – BLAZE, a growing, enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million. The round was led by Delta Emerald Ventures ...
Study Shows No Liver Toxicity From CBD in More Than 800 Adult Participants
ALMETTO, Fla.– Sun Flora an international CBD brand and creator of SUNMED products sold at Your CBD Store franchise locations, has announced its completion of a seven-month-long ValidCare clinical study. The results display the irrefutable ...
Omura Vaporizer Introduces Another Consumption Method to Cannabis Market
The cannabis landscape is evolving rapidly, with more people exploring the plant than ever before. But rolling a joint or having a dab of oil may not be for everyone, especially for those who need ...
New York Legalizes Recreational Cannabis
NEW YORK – Residents of the Empire State, New York, who are over the age of 21 will be able to legally buy Cannabis as early as next year, in a bill agreed to by ...
Harvest Health & Recreation Inc. Reports 4th Quarter & Full Year 2020 Financial Results
PHOENIX–Harvest Health & Recreation (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the fourth quarter and year ended 2020. All ...
GrowFlow Insights Launches Providing More Management Data for Retailers and Wholesalers in Cannabis
SEATTLE – Growflow a business management and compliance solution for cannabis wholesalers and retailers, today announced the launch of GrowFlow Insights, a powerful and easy-to-use analytics tool that provides comprehensive and actionable cannabis data and market ...
Fluresh Invests In Next Generation Cannabis With Launch Of ‘Fluresh Accelerator’ Program
GRAND RAPIDS– Fluresh, a Michigan-based cannabis cultivator and processor, is ushering in the next wave of cannabis professionals with the launch of its new business incubator, the Fluresh Accelerator. In an effort to create a ...
CBD of Denver Becomes One of the First CBD Companies to Accept Bitcoin and Other Crypto Currencies
DENVER– CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company and a producer and distributor of Cannabis and CBD products in Switzerland, Europe, and the US, closed its first deals paid ...
Eighty Six Brand Breaks Down What a Delta-8 THC High Feels Like
SOUTH EL MONTE, Calif., – So you've heard that Delta-8 THC products allow you to get high, legally, nationwide. And as the minor cannabinoid continues to blow up in the country, the questions on everyone's mind ...
Sweet Flower Announces Close of $15 million Series A investment
LOS ANGELES–Investment gives Sweet Flower funding to rapidly expand across California, launch manufacturing and distribution verticals and new retail brand. Sweet Flower, Southern California's leading cannabis retailer announced today that the Company has successfully raised ...
Woman CEO’s Top 3 Tips for Success in the Cannabis and Hemp CBD Industry.
PORTLAND– Rowshan Reordan is the founder and CEO of Green Leaf Lab, one of the nation's top cannabis and hemp CBD testing labs. Established in 2011, Green Leaf Lab is the 1st woman owned cannabis and ...
Horizons ETFs Rebalances Cannabis-Focused Index ETFs
TORONTO–Horizons ETFs Management (Canada) Inc. has completed the quarterly rebalances of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and the Horizons US Marijuana Index ETF (NEO: HMUS). HMMJ is ...
CBSA Sets Penalties for Crossing Canadian Border with Cannabis
OTTAWA– On October 17, 2018, the Cannabis Act came into force, introducing a strict framework for controlling cannabis within Canada. While cannabis was legalized, it does remain illegal to carry cannabis across the border without a valid ...
Germany’s Supreme Court Green Lights Hemp Product Sales
BERLIN – The 6th Criminal Senate of the German Supreme Court (BGH) handed down a judgement that the sale to end consumers of hemp flowers and leaves is not prohibited. This ruling effectively overturned a ...
Willow Biosciences Reports Fourth Quarter and 2020 Year End Results
CALGARY, AB –Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) is pleased to announce its financial and operating results for the three months and year ended December 31, 2020. Statement from the CEO "We are very pleased with all ...
Charlotte’s Web Holdings Reports Q4-2020 Results
BOULDER – Charlotte's Web Holdings, (TSX: CWEB) (OTCQX: CWBHF), a maker of full spectrum cannabidiol (CBD) hemp extract wellness products and a certified B Corp, today reported financial results for the fourth quarter and year ...
Vireo Health Announces Fourth Quarter and Full Year 2020 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), the leading physician-led, science-focused multi-state cannabis company, today reported financial results for its fourth quarter and full year ended December 31, 2020. All currency figures referenced in ...
National Hispanic Cannabis Council Launches, Advancing Cannabis Education & Entrepreneurship
DENVER– The National Hispanic Cannabis Council launched Thursday, aimed at empowering the U.S. Hispanic community through education, entrepreneurialism, and economic opportunity. With 36 states, having already legalized cannabis for medical use, the new national nonprofit organization aims ...
Pure Craft CBD Launches Nano CBD Water Soluble + Melatonin Tincture, Quick Absorption Promotes Rest & Relaxation
SAN DIEGO–Pure Craft CBD, which creates premium, bio-available CBD products, recently launched its Nano CBD Water Soluble + Melatonin tincture. One of the most absorbable CBD tinctures on the market, this supplement works in perfect ...
