Case Studies
Virginia Governor and Lawmakers Announce Agreement on Legal Cannabis Sales
RICHMOND – Governor Abigail Spanberger, State Senator Lashrecse Aird (D), ...
Splash Beverage Group Completes Strategic Investment in Avicanna, Transforms into Cannabinoid Healthcare
FORT LAUDERDALE – Splash Beverage Group Inc. announced the completion ...
Ascend Wellness Shuts Down Lansing Cultivation Facility
LANSING – In a move that reflects ongoing adjustments in Michigan’s Cannabis sector, Ascend Wellness Holdings is shutting down operations at its Lansing cultivation site. The decision comes after a fire late last year and ...
Cannabis and Alcohol Push Back Against Proposed Hemp Regulation Bill
WASHINGTON – Competing industry interests are shaping the debate over federal hemp policy as lawmakers weigh alternatives to an impending ban on many hemp-derived products. A new legislative effort highlights the tensions between established markets ...
Research and Markets Report Sets a $28B Target on Cannabis Tech
DUBLIN – The Cannabis industry has transformed from plant cultivation to infrastructure development. Today, institutional-grade technologies reshape the way the global supply chain works, and the numbers behind this evolution are capturing the attention of ...
Aprio Targets Cannabis Sector in Price Kong Acquisition
ATLANTA-PHOENIX – Aprio, the 20th largest business advisory and accounting firm in the United States, announced it had entered into an agreement to acquire Price Kong, a Phoenix-based CPA and advisory firm. The transaction, effective ...
RYTHM Reports Q1 2026 Financial Results
ROLLING MEADOWS – RHYTHM Inc. disclosed stronger results for the first quarter of 2026 as the company continued its shift toward branded hemp-derived THC products and licensing deals. Revenue from continuing operations came in at ...
High Tide Scores Big in Germany Through Remexian Distribution
CALGARY-BERLIN – High Tide Inc. reported that its majority-owned German subsidiary, Remexian Pharma GmbH, distributed 7.6 tons of medical Cannabis flower into the German market during the second fiscal quarter ended April 30, 2026 – ...
Curaleaf Reports Q1 2026 Financial Results
STAMFORD – Curaleaf Holdings Inc. posted its strongest revenue growth in years during the first quarter of 2026, swinging to a net profit just as the federal regulatory environment under which the industry operates began ...
Ascend Wellness Shuts Down Lansing Cultivation Facility
LANSING – In a move that reflects ongoing adjustments in Michigan’s Cannabis sector, Ascend Wellness Holdings is shutting down operations at its Lansing cultivation site. The decision comes after a fire late last year and ...
Cannabis and Alcohol Push Back Against Proposed Hemp Regulation Bill
WASHINGTON – Competing industry interests are shaping the debate over federal hemp policy as lawmakers weigh alternatives to an impending ban on many hemp-derived products. A new legislative effort highlights the tensions between established markets ...
Research and Markets Report Sets a $28B Target on Cannabis Tech
DUBLIN – The Cannabis industry has transformed from plant cultivation to infrastructure development. Today, institutional-grade technologies reshape the way the global supply chain works, and the numbers behind this evolution are capturing the attention of ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Cannabis Use Among Seniors Sees Significant Uptick
LOS ANGELES- A recent study published in JAMA Internal Medicine highlights a notable increase in cannabis use among U.S. adults aged 65 and older. Data from the National Survey on Drug Use and Health indicates ...
FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES- FLUENT Corp.a vertically integrated cannabis operator, has initiated cultivation at its new Rosa indoor facility in Tampa, Florida. This development adds 9,200 square feet of high-efficiency indoor canopy to the company's operations, marking ...
Atai Life Sciences and Beckley Psytech Announce Strategic Merger to Form Atai Beckley
LOS ANGELES- Atai Life Sciences, a biopharmaceutical company, and Beckley Psytech, a private UK-based biotechnology firm, have announced a definitive agreement to merge, creating a new entity named Atai Beckley. The all-share transaction values Beckley ...
Comprehensive Cannabis Pangenome
LOS ANGELES- A collaborative study led by the Salk Institute for Biological Studies has constructed the most comprehensive genetic map of Cannabis sativa to date, analyzing 193 genomes from 144 biological samples. This pangenome reveals ...
Cresco Labs Reports $30 Million in Q1 Operating Cash Flow
LOS ANGELES- Cresco Labs Inc. reported $30 million in operating cash flow for the first quarter of 2025, reflecting its ongoing emphasis on cash generation and financial discipline. This figure follows a record $132 million ...
California Cannabis Industry Pursues Self-Regulation
LOS ANGELES- In response to ongoing regulatory challenges and concerns about product safety, California's cannabis industry is exploring self-regulation measures to bolster consumer trust and ensure compliance within the legal market. The Environmental Consumer Compliance ...
AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
London Mayor Advocates for Decriminalization of Cannabis Possession
LOS ANGELES- London Mayor Sadiq Khan has endorsed recommendations from the London Drugs Commission (LDC) to decriminalize the possession of small quantities of natural cannabis for personal use. The LDC, established by Khan in 2022 ...
New Zealand Medicinal Cannabis Firms Propose Merger to Form Helius Health
LOS ANGELES- Three of New Zealand's medicinal cannabis companies—Helius Therapeutics, Green Leaf Group, and Elysian Group—have announced plans to merge into a single entity named Helius Health. The proposed consolidation aims to integrate the full ...
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and ...
Federal Court Invalidates Oregon’s Cannabis Labor Neutrality Law
LOS ANGELES- A federal judge has ruled that Oregon's Measure 119, which mandated labor neutrality agreements for cannabis businesses, is unconstitutional. The decision impacts the regulatory landscape for the state's cannabis industry. Measure 119, approved ...
Consumers Pay Premium for Fast-Acting Cannabis Edibles
LOS ANGELES- A recent industry analysis reveals that cannabis consumers are increasingly favoring fast-acting edible products, demonstrating a willingness to pay higher prices for quicker onset effects. The 2025 Edibles Premiumization Report, conducted by cannabis ...
MediPharm Labs Initiates EU and UK Production of Cannabis Metered Dose Inhalers
LOS ANGELES- MediPharm Labs Corp. has commenced production of its cannabis metered dose inhalers for the European Union and United Kingdom markets. This initiative is part of an exclusive sales and distribution agreement with Blackpoint ...
Pennsylvania Senator Introduces ‘Keystone Cannabis Act’ to Legalize Adult-Use Cannabis
LOS ANGELES- Pennsylvania State Senator Marty Flynn (D-22) has announced plans to introduce the "Keystone Cannabis Act," a legislative proposal aimed at legalizing adult-use cannabis in the Commonwealth. The announcement follows the recent rejection of ...
Rubicon Organics Finalizes Conditions for Hope Facility Acquisition
LOS ANGELES- Rubicon Organics Inc. has announced the fulfillment of all conditions precedent related to its agreement with MediPharm Labs Inc. for the acquisition of a 47,500-square-foot indoor cultivation facility located in Hope, British Columbia. ...
Argentina Overhauls Medical Cannabis Program with Stricter Regulations
LOS ANGELES- In 2025, Argentina implemented significant reforms to its medical cannabis program, REPROCANN, introducing stricter regulations for cultivators, non-governmental organizations (NGOs), and medical professionals. These changes aim to enhance oversight and ensure the program's ...
Curaleaf and Jupiter Research Obtain EU Certification for Medical Cannabis Inhalation Device
LOS ANGELES- Curaleaf International, in collaboration with Jupiter Research LLC, a subsidiary of TILT Holdings Inc., has secured European Union (EU) medical device certification for a handheld liquid inhalation device designed for precise medical cannabis ...
Thailand Implements Stricter Cannabis Regulations
LOS ANGELES- Thailand is set to enforce stricter controls on cannabis sales following a notable increase in smuggling attempts, particularly involving foreign tourists. The Ministry of Public Health announced that, within approximately 40 days, cannabis ...
