Case Studies
Public Opinion Fires Up Support for Cannabis in NC
RALEIGH – A large majority of North Carolina adults support ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming guidance for sequential growth in net revenue and adjusted EBITDA in fiscal Q2 2027. The company cited the integration of Safari Flower Company and continued ...
Aurora and Curaleaf Trade Statements in Ongoing Bid Dispute
EDMONTON - STAMFORD – Aurora Cannabis and Curaleaf Holdings continued their public exchange over Curaleaf’s unsolicited takeover offer for the Canadian medical Cannabis company. Aurora issued a statement responding to Curaleaf’s regulatory filing, while Curaleaf ...
Definium Achieves Second Positive Phase 3 for GAD
NEW YORK – Definium Therapeutics Inc. released topline data from its second pivotal Phase 3 trial (Panorama study) of DT120 in generalized anxiety disorder (GAD), adding to earlier positive findings in the same indication and ...
Definium Achieves Second Positive Phase 3 for GAD
NEW YORK – Definium Therapeutics Inc. released topline data from its second pivotal Phase 3 trial (Panorama study) of DT120 in generalized anxiety disorder (GAD), adding to earlier positive findings in the same indication and ...
High Tide Reports Q3 2026 Financial Results
CALGARY – High Tide Inc. posted revenue of $198.8 million for the three months ended July 31, 2026, a 33% increase from the same period last year and the fifth consecutive quarterly record. Gross profit ...
Curaleaf Escalates Aurora Fight, Asks Alberta Regulator to Freeze Share Sales
STAMFORD – Curaleaf Holdings Inc. submitted a formal application to the Alberta Securities Commission (ASC), seeking to halt Aurora Cannabis's at-the-market share issuance program while Curaleaf's offer to acquire all outstanding Aurora shares remains outstanding. ...
Dutch Cannabis Supply Pilot Delivers Lower Prices and a Fuller Shelf
AMSTERDAM – A report published by the Trimbos Institute, RAND Europe, and Breuer&Intraval compared ten municipalities where coffeeshops sell exclusively licensed-grown Сannabis against ten operating under the country's traditional tolerance policy. The program launched April ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming guidance for sequential growth in net revenue and adjusted EBITDA in fiscal Q2 2027. The company cited the integration of Safari Flower Company and continued ...
Aurora and Curaleaf Trade Statements in Ongoing Bid Dispute
EDMONTON - STAMFORD – Aurora Cannabis and Curaleaf Holdings continued their public exchange over Curaleaf’s unsolicited takeover offer for the Canadian medical Cannabis company. Aurora issued a statement responding to Curaleaf’s regulatory filing, while Curaleaf ...
Definium Achieves Second Positive Phase 3 for GAD
NEW YORK – Definium Therapeutics Inc. released topline data from its second pivotal Phase 3 trial (Panorama study) of DT120 in generalized anxiety disorder (GAD), adding to earlier positive findings in the same indication and ...
Texas’s Dazed Inc Claims Expansion and Buyback Strategy
AUSTIN – Dazed Inc., formerly MedX Holdings, Inc., released a corporate update covering retail expansion, Q2 2026 financial results, a planned stock buyback, and product distribution. The company announced a signed franchise agreement for a ...
Analysis: The DEA Is Now Fighting to Move Cannabis to Schedule III
WASHINGTON, D.C.,- For more than 50 years, the Drug Enforcement Administration has helped enforce federal Cannabis prohibition. This week, the DEA formally argued that Cannabis no longer belongs in Schedule I. In its final written ...
Under Delisting Pressure, IM Cannabis Approves Reverse Stock Split
TORONTO – IM Cannabis Corp. (IMCC), a medical Cannabis company operating in Israel and Germany, announced that its board has approved a one-for-thirty share consolidation, effective August 27, with September 15 as the outside date. ...
Johnson & Johnson Signs On to Lead Delix’s $85M Series C
NEW BRUNSWICK – Johnson & Johnson has agreed to lead a Series C financing for Delix Therapeutics, the biotech developing non-hallucinogenic drugs designed to promote neuroplasticity in patients with serious psychiatric conditions. The round is ...
Analysis: Wall Street Quietly Tests the Water In Cannabis
NEW YORK- For years, institutional investors have largely remained outside the publicly traded Cannabis market. Federal illegality, regulatory uncertainty, limited access to major exchanges and disappointing stock performance have kept most major investment firms on ...
Earnings Season: Cannabis Operators Deliver a Different Kind of Q2 2026
LOS ANGELES – The Cannabis industry wraps up its second-quarter earnings, and the aggregate picture carries a theme that would have been harder to locate a few years ago. Operators are making money. Profitability, not ...
Yale Budget Lab Outlines Multibillion Dollar Future for Federal Cannabis
NEW HAVEN – The fiscal argument for federal Cannabis legalization now has an academic backbone. Yale University's Budget Lab released a comprehensive revenue analysis mapping out what a federal excise tax on Cannabis could realistically ...
Definium Delivers Positive Phase 3 Data for LSD Candidate in GAD
NEW YORK – Definium Therapeutics Inc. has released topline results from the first of two Phase 3 studies testing its LSD-based candidate DT120 in adults with generalized anxiety disorder (GAD). The findings add to earlier ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – A hostile takeover bid, a Senate hemp vote that reset the enforcement calendar without solving anything, a state tax repeal with constitutional teeth, a dense Q2 earnings wave, and two landmark banking ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a new wholesale Cannabis tax to shore up its road repair budget, a Republican state lawmaker has introduced legislation to eliminate it entirely. House Bill 6224, ...
Glass House Brands Reports Q2 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its Q2 2026 financial results, reporting revenue of $47 million, nearly flat year-over-year but a 64% sequential improvement from Q1 2026. Biomass production reached a company record ...
Curaleaf Launches $272 Million Hostile Takeover Battle for Aurora Cannabis
NEW YORK - Curaleaf Holdings has launched a hostile takeover battle for Aurora Cannabis, publicly announcing plans to take a US$272 million offer directly to Aurora’s shareholders after failing to secure the support of Aurora’s ...
Ohio Cannabis Health & Business Summit Announces 2026 Event in Columbus
The sixth annual OCHBS will take place September 23–24 at the Greater Columbus Convention Center, with expanded programming and expo booths, a medical patient access program, and signature networking events at Stories on High and ...
Vireo Growth Authorizes Share Buyback Program
MINNEAPOLIS – Vireo Growth Inc. has received board approval to begin a share repurchase plan under a normal course issuer bid. Following a series of strategic moves, including an expansion into Ohio and an earlier ...
Tyson 2.0 Teams Up with Reborn Roots for a Heavyweight Touchdown in Rhode Island
LOS ANGELES – Celebrity Cannabis brands have tested markets from the Pacific Northwest to the Caribbean and one of the sector's most recognized names is now pushing into New England. Tyson 2.0 Inc. announced an ...
Ascend Wellness Reports Q2 2026 Financial Results
NEW YORK – Ascend Wellness Holdings Inc. reported its Q2 2026 financial results posting net revenue of $126.1 million, a 7.9% sequential increase from $116.9 million in Q1 2026. Retail revenue climbed 11.5% quarter-over-quarter to ...
Washington Has a Plan for Hemp-Derived Beverages. The Rest of the Hemp Industry Wants One Too.
LOS ANGELES - WASHINGTON – A bipartisan bill introduced in Congress this week would bring hemp-derived THC drinks under the same federal regulatory structure long used for alcohol. For an industry watching a federal ban ...
Trulieve Completes Redomicile to Delaware
TALLAHASSEE – Trulieve Cannabis Corp. completed its redomiciliation from British Columbia, Canada, to the State of Delaware, following a shareholder vote and a Final Order from the British Columbia Supreme Court. The redomicile took effect ...
PSYCH Symposium Rebrands as Mind Forward for Another London Event
LONDON – The organizers of Europe’s established psychedelic medicine conference have rebranded the platform and expanded its focus. The new identity, Mind Forward, will host a one-day symposium in London later this year. PSYCH has ...
Organigram Reports Q3 Fiscal 2026 Financial Results
TORONTO – Organigram Global Inc. released its third-quarter fiscal 2026 results, showing the first full contribution from its recent European acquisition alongside continued strength in the Canadian market. The company reported higher sales and adjusted ...
Curaleaf States Intention to Bid for Aurora Cannabis
STAMFORD – Curaleaf Holdings Inc. has publicly outlined plans to purchase all of the issued and outstanding common shares of Aurora Cannabis Inc., moving the proposal directly to shareholders after earlier private outreach. The announcement ...
Vireo Growth Reports Q2 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. reported GAAP revenue of $209.3 million for the three months ended June 30, 2026, up 335% year-over-year from $48.1 million in Q2 2025, driven by the Eaze, Hawthorne Gardening Company, ...
Senate Votes to Extend Hemp THC Ban Timeline
WASHINGTON – The U.S. Senate voted to table a bipartisan amendment that would have kept a federal hemp THC ban on schedule for November. By a 61-32 margin, the chamber defeated a proposal from Sen. ...
Puerto Rico Governor Orders Psychedelics Research
SAN JUAN – Puerto Rico’s governor has directed the territory’s health department to examine the practical steps needed to advance clinical research into emerging therapies, including certain psychedelic compounds. The move positions a commonwealth to ...
Vireo Growth Closes Colorado Retail Deal, Secures Bank-Led Credit Line
MINNEAPOLIS – Vireo Growth Inc. announced it had received all required regulatory approvals and formally closed its acquisition of certain Colorado retail assets from PharmaCann Inc. Additionally, the company disclosed a senior secured asset-based revolving ...
