Case Studies
AJNA Biosciences Files for DEA Authorization to Grow Cannabis Under FDA Drug Framework
LITTLETON – AJNA Biosciences, a botanical drug development company, applied ...
Cantourage Locks In Green Karat as EU-GMP Certified Supplier
BERLIN – Cantourage Group SE has announced an expanded supply ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received an unsolicited $18 million cash purchase offer for substantially all of its assets from Ontario licensed producer Medical Saints Ltd. setting up a competing transaction ...
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 ...
Aurora Disputes the Narrative Behind Curaleaf’s Hostile Bid
EDMONTON – Aurora Cannabis Inc. fired back at Curaleaf Holdings Inc., rejecting the claims the Connecticut-based MSO has been advancing to Aurora shareholders to justify its unsolicited takeover bid. In a statement issued today, Aurora's ...
Grown Rogue Pushes East with Planned PharmaCann Acquisition
MEDFORD – Grown Rogue International Inc. announced it has taken the first steps toward the planned acquisition of PharmaCann Inc.'s New York license and assets, through the formation of Grown Rogue New York, LLC (GRNY) ...
Portugal Medical Cannabis Outpaces 2025 Export Run Rate
LISBON – Portugal's medicines regulator, Infarmed, has confirmed that the country exported 66,305 kilograms of medical Cannabis between January and June 2026, equivalent to more than 80% of everything it shipped in all of 2025. ...
UMiami Hands Over Its 1994 Ibogaine Research to Washington
LOS ANGELES – The University of Miami has donated its original 1994 investigational new drug (IND) application for ibogaine to the federal government, giving Washington direct operational authority over the foundational FDA authorization that made ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received an unsolicited $18 million cash purchase offer for substantially all of its assets from Ontario licensed producer Medical Saints Ltd. setting up a competing transaction ...
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 ...
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 ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
Kentucky Governor Urges Trump to Honor Campaign Promise on Cannabis Rescheduling
FRANKFORT – Kentucky Governor Andy Beshear (D) has stepped into the national spotlight, urging President Donald Trump to oppose congressional efforts that would halt the federal rescheduling of cannabis from Schedule I to Schedule III ...
The DEA’s Time‑Warp Appointment: Terrance Cole and the Revival of “Reefer Madness”
WASHINGTON, D.C. –Terrance Cole, the newly confirmed Drug Enforcement Administration (DEA) Administrator, brings a worldview rooted in 1980s-era drug hysteria—one that dismisses decades of research, economic gains from cannabis legalization, and evolving public opinion. ...
Texas Governor Backs Regulation Over Ban in Hemp THC Showdown
DALLAS —Texas Governor Greg Abbott has drawn a firm line in the sand when it comes to the future of the hemp industry in the Lone Star State. In a public statement on July 22, ...
Single Psilocybin Dose Shows Promise in Easing OCD Symptoms, Study Finds
LOS ANGELES – In a pioneering study, researchers from the University of Hertfordshire and Imperial College have uncovered the potential of psilocybin to alleviate symptoms of obsessive-compulsive disorder (OCD). Published in Comprehensive Psychiatry on July ...
Glass House Raid Sparks Industry Fears and Rival Tensions
LOS ANGELES – Highly Capitalized Network-HCN is closely monitoring the unfolding developments following the July 10, 2025, when federal agents from Immigration and Customs Enforcement (ICE) and the Drug Enforcement Administration (DEA) stormed Glass House ...
Cannabis Rescheduling Hits Pause as DEA Shifts Gears
WASHINGTON, D.C. – The federal cannabis rescheduling saga, already a slow-burning drama, took a sharp turn this week as Chief Administrative Law Judge John J. Mulrooney announced his retirement, effective August 1, 2025. The exit, ...
Texas Hemp Ban Showdown or Reefer Madness 2.0?
AUSTIN – The Texas Senate Committee on State Affairs ignited a fiery debate on Tuesday, July 22, 2025, during the first hearing of a special legislative session called by Governor Greg Abbott to address the ...
Trulieve Boosts Beverage Portfolio with Onward Expansion and Upward Launch
LOS ANGELES – Trulieve Cannabis Corp. is making waves in the cannabis industry with the expanded distribution of its premium THC-infused beverage, Onward, and the introduction of Upward, a new THC-infused energy drink line. Trulieve's ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
ANALYSIS : The Looming End of Unregulated Hemp-Derived Intoxicants
LOS ANGELES- July 21, 2025 The hemp-derived THC loophole may be living on borrowed time. Over the past year, the unregulated market for intoxicating hemp-derived cannabinoids—most notably delta-8 and delta-10 THC—has come under increasing legal ...
Psychedelic Retreats Offer Mental Health Breakthrough for Military Veterans
LOS ANGELES- A growing body of evidence is challenging how we treat combat-related trauma—and this time, it’s not coming from a VA clinic, but from jungle retreats in Peru and quiet mushroom ceremonies in Jamaica. ...
Rep. Salud Carbajal Responds to DHS Claims After ICE Raid at Cannabis Farm
LOS ANGELES- U.S. Representative Salud Carbajal (D‑CA‑24) is facing criticism following a July 10 ICE raid at two Glass House Farms cannabis cultivation sites in Carpinteria and Camarillo, California. The Department of Homeland Security (DHS) ...
Pennsylvania Senators Introduce Bipartisan Bill to Legalize Recreational Cannabis
LOS ANGELES- Pennsylvania lawmakers today announced the introduction of two parallel bipartisan bills aimed at legalizing adult-use recreational cannabis. The effort builds on mounting momentum amid state budget pressures and growing public support. In the ...
DaySavers Introduces ‘Higher Potential’ Scholarship with Over $25,000 in Cannabis Education Awards
LOS ANGELES- DaySavers, the pre‑roll accessories brand under Custom Cones USA, has launched its inaugural Higher Potential Cannabis Education Scholarship—a collective effort backed by industry partners, offering more than $25,000 in financial support for current ...
