Case Studies
Trulieve Reports Q3 2026 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. reported third-quarter revenue of $230.2 ...
New York Cannabis Tops $4 Billion in Retail Sales
NEW YORK – Less than four years after the state ...
SNDL Reports Q3 2026 Financial and Operational Results
EDMONTON – SNDL Inc. released its third-quarter 2026 results, reporting ...
PharmAla Biotech and Rua Bioscience Partner to Supply Medicinal MDMA to New Zealand
TORONTO - TAIRĀWHITI – PharmAla Biotech and Rua Bioscience announced they have signed a distribution and licensing agreement under which Rua will import, distribute, and sell PharmAla’s pharmaceutical-grade LaNeo™ MDMA capsules to authorized prescribers (APs) ...
Decibel Partners with Hilltop Leaf to Scale Medical Cannabis in UK
CALGARY – Decibel Cannabis Co. Inc. announced it has signed a brand licensing agreement with UK-based Hilltop Leaf Ltd., granting the pharmaceutical cannabinoid company a limited license to distribute its General Admission and Standard Issue ...
Aurora Rebrands German EU-GMP Production Hub, Doubles Flower Output
EDMONTON – Aurora Cannabis Inc. announced the completion of a major expansion at its EU-GMP manufacturing facility in Leuna, Germany. The company is projecting annual flower output at the site to more than double as ...
RIOCOCO Opens Its Largest Single Production Site in Sri Lanka
KATUPOTHA – RIOCOCO, one of the world's leading manufacturers of coconut coir growing substrates, has opened the largest single coco coir production facility in Sri Lanka, built at its existing base in Katupotha and operational ...
California Backs Psychedelic Research for Veterans
LOS ANGELES – When Gov. Gavin Newsom signed Assembly Bill 113, he gave California the distinction of becoming the first state to fund psychedelic-assisted therapy research through an official budget appropriation. The legislation channels $4.7 ...
Kite Challenges Trends with Mindful Wellness Cannabis Line
NEW BRITAIN – A new Cannabis brand out of Connecticut is making a clear break from convention. Kite, founded by entrepreneur and lifelong athlete Oz Pariser, launched its first product line this week with a ...
FTSE Canada All Cap Index Adds Curaleaf to Its Ranks
STAMFORD – Curaleaf Holdings Inc. confirmed that it has been added to the FTSE Canada All Cap Index, effective after the close of trading on September 18, 2026. Maintained by FTSE Russell, the index tracks ...
PharmAla Biotech and Rua Bioscience Partner to Supply Medicinal MDMA to New Zealand
TORONTO - TAIRĀWHITI – PharmAla Biotech and Rua Bioscience announced they have signed a distribution and licensing agreement under which Rua will import, distribute, and sell PharmAla’s pharmaceutical-grade LaNeo™ MDMA capsules to authorized prescribers (APs) ...
Decibel Partners with Hilltop Leaf to Scale Medical Cannabis in UK
CALGARY – Decibel Cannabis Co. Inc. announced it has signed a brand licensing agreement with UK-based Hilltop Leaf Ltd., granting the pharmaceutical cannabinoid company a limited license to distribute its General Admission and Standard Issue ...
Aurora Rebrands German EU-GMP Production Hub, Doubles Flower Output
EDMONTON – Aurora Cannabis Inc. announced the completion of a major expansion at its EU-GMP manufacturing facility in Leuna, Germany. The company is projecting annual flower output at the site to more than double as ...
Fluent Offloads Pennsylvania Dispensaries
NEW YORK – Fluent Corp. has finalized the sale of its three Pennsylvania dispensaries to HIVE Holdings Inc. for $12.5 million in cash, marking a deliberate shift toward debt reduction and operational efficiency. The deal ...
Medicare’s CBD Shift Signals Validation—But a Looming Hemp Ban Clouds the Path for Seniors
NEW YORK- For decades, seniors managing chronic pain, inflammation, anxiety, or sleep disruption have relied largely on pharmaceuticals—often with long lists of side effects. That landscape is starting to change. Medicare is preparing to recognize cannabidiol ...
DEA Increases Psychedelics Production Quotas for 2026
WASHINGTON – The Drug Enforcement Administration has approved expanded production limits for key psychedelics, setting the stage for increased scientific inquiry into substances like psilocybin and DMT next year. In a final order published Monday ...
Indiana Republicans Propose Statewide Oversight for Craft Hemp Market
INDIANAPOLIS – Three Republican members of the Indiana House introduced legislation this week to impose a structured permitting system on the sale and distribution of craft hemp products, a category that includes flower, beverages and ...
Wyld Acquires Grön
SEATTLE – Wyld, a leading producer of THC-CBD-infused gummies and chocolates, announced its agreement to acquire Grön, a Portland-based maker of sugar-coated pearls and confections, in a move that unites two prominent players in the ...
Compass Pathways Schedules Webinar on Psilocybin Therapy Advances for Depression and PTSD
LONDON – Compass Pathways plans to hold a virtual webinar to outline its steps toward launching a psilocybin-based therapy for treatment-resistant depression (TRD) and to share details on upcoming trials for post-traumatic stress disorder (PTSD). ...
Alabama Tightens Hemp Laws, Moves Medical Cannabis Licenses Forward
MONTGOMERY – Alabama regulators ushered in 2026 with a crackdown on unregulated hemp products containing THC, while inching closer to launching a long-delayed medical Cannabis program that could serve thousands of patients by spring. The ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Federal rescheduling under President Trump’s Executive Order sparked widespread state reactions and investor outlooks into early 2026, blending consolidations and expansions with regulatory friction, outright manipulation, and overtures to public opinion. Psychedelics ...
NY Cannabis Retailers Double in Number, Push Total Sales Past $2.5B Mark
NEW YORK – New York state's licensed Cannabis dispensaries grew to 556 outlets by the end of 2025, more than twice the 261 operating a year earlier, as adult-use sales crossed the $2.5 billion threshold ...
Czech Republic Rolls Out Limited Cannabis Reforms, Allowing Home Growing and Possession Caps
PRAGUE – The Czech Republic ushered in the new year with measured changes to its Cannabis policies, legalizing personal cultivation and setting clear possession thresholds for adults. Under the reforms signed into law by President ...
Verano Expands Medical Cannabis Footprint in West Virginia
CHICAGO – Verano Holdings Corp. has launched its sixth medical Cannabis outlet in West Virginia, targeting the heart of the state's capital to reach more patients in a market that continues to draw steady but ...
Bipartisan Poll Signals Growing Momentum for Federal Legalization
LOS ANGELES – A fresh survey of registered voters reveals that a slim majority of Americans now favor legalizing Cannabis at the federal level, with notable crossover appeal among Republicans following President Donald Trump's recent ...
California Allocates $30M in Cannabis Research Grants
SACRAMENTO – California's Department of Cannabis Control has disbursed nearly $30 million to support 22 academic projects examining Cannabis's influence on public health, environmental practices, and the regulated market. The funding, drawn from taxes on ...
Cannabis Market’s Hidden Scale: New Estimates Point to $90B U.S. Potential
LOS ANGELES – Viridian Capital Advisors' latest Chart of the Week dives into recreational Cannabis sales across nine mature markets (Michigan, Montana, Alaska, New Mexico, Massachusetts, Colorado, Oregon, Washington, and Nevada) to gauge true consumer ...
Republican State AGs Challenge Trump’s Cannabis Rescheduling Directive
LOS ANGELES – A coalition of Republican attorneys general from eight states has publicly rejected President Donald Trump's recent Executive Order to reschedule Cannabis under the Controlled Substances Act, citing persistent risks to public safety ...
Banks Still Hesitant on Expanding Services for Cannabis Businesses Post-Trump Rescheduling Order
LOS ANGELES – President Donald Trump's Executive Order fast-tracked the move to reschedule Cannabis under the Controlled Substances Act, aiming to ease research barriers and tax deductions for state-legal operators. Yet even as this policy ...
Atai Gains Nasdaq Biotechnology Index Spot
NEW YORK – AtaiBeckley N.V., the clinical-stage biopharmaceutical firm born from the November merger of atai Life Sciences and Beckley Psytech, has secured a place in the Nasdaq Biotechnology Index (NBI), a move that underscores ...
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to acquire Eaze Inc. in a stock-based transaction valued at $47 million upfront, marking the company's first push into the competitive California and Florida markets. The ...
Massachusetts Cannabis Rollback Gains Legislative Traction
BOSTON – State election officials have validated more than 78,000 signatures for a measure that would dismantle the commercial side of Massachusetts' recreational Cannabis industry, thrusting the issue back into legislative hands just as the ...
U.S. Cannabis Operators Trail Canadian Counterparts in Valuation Metrics, Tied to Tax Constraints
LOS ANGELES – In the ongoing tug-of-war between regulatory challenges and market potential in the Cannabis sector, a fresh analysis underscores how a longstanding IRS provision continues to weigh on American companies. According to Viridian ...
Trump’s Rescheduling Order Ignites State Cannabis Momentum in Pennsylvania, Tennessee, and Wyoming
LOS ANGELES – President Donald Trump's directive last week to fast-track Cannabis's rescheduling has handed lawmakers in several conservative-leaning states a timely political opening to advance Cannabis reforms. The executive order, signed on December 18, ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors wrapped up 2025 on a high note, with federal policy breakthroughs and corporate maneuvers signaling sustained growth potential across Cannabis & Psychedelics. Over the past two weeks, President Trump's ...
Texas Awards $50M Grant to Spearhead Ibogaine Trials
AUSTIN – The Texas Health and Human Services Commission has granted $50 million to a statewide consortium led by UTHealth Houston and the University of Texas Medical Branch at Galveston, marking the formal launch of ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
Michigan Senate Tightens Controls on Intoxicating Hemp Derivatives
LANSING – In a bipartisan push to close regulatory gaps, the Michigan Senate approved a package of bills that would classify most high-potency hemp-derived THC items as Cannabis, folding them into the state's established Cannabis ...
