Case Studies
Oregon Consolidates Psilocybin and Medical Cannabis Under One Regulator
PORTLAND – The Oregon Health Authority (OHA) officially completes its ...
Glass House Brands Reports Q2 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its Q2 ...
OCHBS: From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio ...
Jushi Reports Q2 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. released its second-quarter 2026 financial results, posting revenue of $71.3 million, a 10% year-over-year gain, with growth spread across both the retail and wholesale channels. The wholesale segment set ...
Vireo Growth Sets Stage for Planet 13 Acquisition
MINNEAPOLIS - LAS VEGAS – Vireo Growth Inc. and Planet 13 Holdings Inc. have agreed to combine operations under a definitive merger agreement. The move brings together two multi-state Cannabis operators and expands retail reach ...
FLUENT Shareholders Approve All-Stock Acquisition by Vireo
TORONTO – FLUENT Corp. reported that holders of its common and proportionate voting shares approved the special resolution for an all-stock plan of arrangement with Vireo Growth Inc. at the annual general and special meeting ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
Delaware Moves to Regulate THC-Infused Beverages
DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee advanced House Bill 373, sending the measure to the Senate Finance Committee and bringing it a step closer to a full Senate vote. The action ...
Jushi Reports Q2 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. released its second-quarter 2026 financial results, posting revenue of $71.3 million, a 10% year-over-year gain, with growth spread across both the retail and wholesale channels. The wholesale segment set ...
Vireo Growth Sets Stage for Planet 13 Acquisition
MINNEAPOLIS - LAS VEGAS – Vireo Growth Inc. and Planet 13 Holdings Inc. have agreed to combine operations under a definitive merger agreement. The move brings together two multi-state Cannabis operators and expands retail reach ...
FLUENT Shareholders Approve All-Stock Acquisition by Vireo
TORONTO – FLUENT Corp. reported that holders of its common and proportionate voting shares approved the special resolution for an all-stock plan of arrangement with Vireo Growth Inc. at the annual general and special meeting ...
Canopy Growth Expands its Presence in Australia
OTTAWA – Canopy Growth Corporation has introduced its Canadian-grown 7ACRES brand to the Australian medical Cannabis market, marking a strategic expansion of its global medical portfolio. The launch, announced on August 5, features two high-THC ...
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Avant Brands Reports $9.7 Million in Q2 2025 Revenue
TORONTO – Avant Brands Inc., a Kelowna-based Cannabis producer, reported $9.7 million in gross revenue for the second quarter of 2025, covering the three months ended May 31, according to its latest financial disclosure. The ...
Miss Grass Joins Curaleaf to Expand Medical Cannabis Access in Florida
LOS ANGELES – Curaleaf Holdings, Inc. has entered into an exclusive partnership with Miss Grass, a women-founded Cannabis brand celebrated for its premium flower and wellness-focused approach. Announced on August 4, this collaboration introduces Miss ...
HCN Launches HCN Pay: The First Dual-Processor Payments Solution Designed Specifically for Cannabis Retail
LOS ANGELES — Highly Capitalized Network, a leading business and financial media platform for the Cannabis, psychedelics, and wellness industries, has officially launched HCN Pay, a breakthrough payments solution built exclusively for Cannabis retailers. HCN ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES - Critical compliance issues, market exits, and clinical and regulatory breakthroughs shaped a turbulent week for cannabis and psychedelics businesses. Cannabis Industry Highlights 1.Cresco Labs Exits California, Refocuses on Profitability Cresco Labs confirmed ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Ayr Wellness Faces Drastic Restructuring as Noteholders Take Control
LOS ANGELES – Ayr Wellness Inc., a prominent player in the U.S. Cannabis industry, is set to undergo a seismic restructuring that could mark the end of the company as it exists today. On July ...
Verano Reimagines Cannabis Retail with Bodega-Style Store in Phoenix
PHOENIX – Verano Holdings Corp., a Chicago-based multistate Cannabis operator, introduced a novel retail concept with its "bodega-style" dispensary at the Zen Leaf Phoenix-Cave Creek location. This innovative store offers a new take on the ...
GTI Launches Señorita’s Ranch Water, Fusing THC and Texas Flair
LOS ANGELES – Green Thumb Industries (GTI) has introduced Señorita’s Ranch Water flavor, a THC-infused, alcohol-free beverage inspired by the iconic West Texas cocktail. Unveiled on July 27, this crisp drink blends sparkling water, real ...
Consumers Demand Clean Label Cannabis, Survey Reveals
LOS ANGELES – A recent survey commissioned by XRPure has uncovered a strong consumer push for cleaner, safer Cannabis products. Conducted among 516 adults, the survey found that an overwhelming 91.7% believe medical Cannabis should ...
Cannabis Rescheduling Omitted from Cole’s Priorities, Raising Questions About Trump’s Stance
LOS ANGELES – In a surprising turn, newly appointed DEA administrator Terrance Cole has sidelined Cannabis rescheduling, despite pledging it as a top priority during his April 2025 Senate Judiciary Committee hearing. According to a ...
New York’s Licensing Blunder
NEW YORK – NY’s adult-use cannabis market, now boasting 436 licensed dispensaries [a 93-store increase since late 2024] has hit a snag. The Office of Cannabis Management (OCM) recently acknowledged a critical error in its ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
