Case Studies
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on ...
New Lawsuit Challenges Lottery Process for Kentucky Medical Cannabis Licenses
LOS ANGELES- A group of Kentucky-based applicants has filed a ...
Organigram Expands U.S. Market Through Collective Project Direct‑to‑Consumer Launch and THC Beverage Portfolio Expansion
LOS ANGELES- Organigram Global Inc. Canada’s largest cannabis producer by ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
9 in 10 Americans Favor Cannabis Legalization, Pew Research Center Poll Reveals
LOS ANGELES – A groundbreaking Pew Research Center survey conducted from January 27 to February 2, 2025, shows that 87% of Americans support legalizing cannabis, reflecting a seismic shift in public sentiment. The poll results, ...
Organigram Global Launches Collective Project THC Beverages in 25 U.S. States
TORONTO – Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), Canada’s leading cannabis company by market share, has made a significant stride into the U.S. market with the launch of its hemp-derived THC beverage brand, Collective ...
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
Blüm Holdings to Acquire Northern California Cannabis Dispensary
LOS ANGELES- Blüm Holdings Inc, a California-based publicly traded holding company and cannabis operator, has signed a binding all‑stock agreement to acquire a majority stake in a licensed adult‑use and medical cannabis dispensary in Northern ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Trump Administration Supports Psychedelic Research in Mental‑Health Efforts
LOS ANGELES- The Trump administration is showing growing support for research into psychedelics such as MDMA, psilocybin, and ibogaine as potential treatments for mental health conditions. Led by Health and Human Services (HHS) Secretary Robert ...
ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES- ProStar SEO, a Canadian firm specializing in search engine optimization, has released new insights identifying the most influential Google ranking factors specific to cannabis industry websites. The report, based on a large-scale analysis ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 settlement in a lawsuit filed by employees of Timber Cannabis, a seven-location cannabis dispensary chain in Michigan. The lawsuit alleged that management appropriated tips left ...
Malaysia Weighs Cannabis Vaporizer Manufacturing for Export
LOS ANGELES— Malaysia’s Cabinet is set to decide whether to permit the manufacturing of cannabis vaporizer hardware for export, as Health Minister Datuk Seri Dr. Dzulkefly Ahmad confirmed following a multi-agency review. The proposal centers ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis
LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
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 ...
