Case Studies
Ohio Enacts New Cannabis and Hemp Regulations After Referendum Effort Fails
COLUMBUS – Updated rules for Ohio’s recreational Cannabis market and ...
Alabama Gears Up for Medical Cannabis Launch in April
MONTGOMERY – After years of legal hurdles and regulatory delays, ...
Aurora Ditches Adult-Use Cannabis Market for Medical Focus
EDMONTON – Aurora Cannabis Inc. has completed its transition away ...
AULV Health Announces U.S. Launch to Advance Integrative Health and Longevity Innovation
LOS ANGELES — Feb. 11, 2026 — AULV (Australian Longevity Vitality), an integrative health and botanical therapeutics platform founded in Australia, today announced its official launch in the United States, establishing its U.S. headquarters in ...
Abandoned Fighter Jet Test Site Under Review for Cannabis Cultivation Facility
NEW YORK – A long-vacant former Grumman Aerospace complex in Calverton, NY, has become the subject of a preliminary proposal to repurpose its buildings for indoor Cannabis grow. The 20-acre property, which includes three office ...
Bioxyne Lands Initial Orders for GMP-Compliant Psilocybin Capsules
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness products company, has received its first commercial orders for GMP-manufactured psilocybin capsules through its subsidiary Breathe Life Sciences (BLS). The capsules, branded BLSPSIL25, are intended ...
Village Farms Takes Top Honor at BC Export Awards
VANCOUVER – Village Farms International Inc. secured the 2026 BC Export Award in the Consumer Products category, presented by Business in Vancouver. The recognition highlights the company's sharp rise in international sales, with exports jumping ...
Chicago City Council Sets Intoxicating Hemp Products Off Limits, Beverages Still in The Game
CHICAGO – The City Council voted 32-16 to restrict sales of most intoxicating hemp-derived products across the city, carving out an allowance for THC-infused beverages while imposing immediate curbs on purchases by minors. The measure, ...
Florida Cannabis Initiative Nears Signature Goal
TALLAHASSEE – Organizers of a proposed constitutional amendment to legalize recreational Cannabis in Florida reported a sharp increase in verified voter signatures, bringing their total to 760,002 and narrowing the gap to the threshold needed ...
The Bipartisan HEMP Act Targets Federal Rules for Hemp-Derived CBD
WASHINGTON – Representatives Morgan Griffith, a Republican from Virginia, and Marc Veasey, a Democrat from Texas, introduced a bill on Friday to set the first national standards for hemp-derived CBD products, placing oversight with the ...
AULV Health Announces U.S. Launch to Advance Integrative Health and Longevity Innovation
LOS ANGELES — Feb. 11, 2026 — AULV (Australian Longevity Vitality), an integrative health and botanical therapeutics platform founded in Australia, today announced its official launch in the United States, establishing its U.S. headquarters in ...
Abandoned Fighter Jet Test Site Under Review for Cannabis Cultivation Facility
NEW YORK – A long-vacant former Grumman Aerospace complex in Calverton, NY, has become the subject of a preliminary proposal to repurpose its buildings for indoor Cannabis grow. The 20-acre property, which includes three office ...
Bioxyne Lands Initial Orders for GMP-Compliant Psilocybin Capsules
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness products company, has received its first commercial orders for GMP-manufactured psilocybin capsules through its subsidiary Breathe Life Sciences (BLS). The capsules, branded BLSPSIL25, are intended ...
Massachusetts Cannabis Market Sees Surge in Strain Diversity
LOS ANGELES- As of December 2024, Massachusetts' legal cannabis market boasts 740 active strains, marking a 29% increase from the 572 strains available in December 2023 and an 84% rise from 401 strains in December ...
Arizona Cannabis Sales and Tax Revenue: Recent Trends and Milestones
LOS ANGELES- In October 2024, Arizona's cannabis industry experienced a modest rebound, with recreational marijuana sales reaching $75.3 million, up from $67.3 million in September. Despite this month-over-month increase, sales remained below the previous year's ...
Trump’s Appointments and the Future of Federal Cannabis Policy
LOS ANGELES- The Trump administration’s recent appointments have raised questions about the trajectory of federal cannabis policy. With nominees holding diverse views on legalization and regulation, the decisions made in the coming months will play ...
Oh Cannabis, An Industry Is Yet To Land…
TORONTO—It didn’t have to be this way. I mean, in spite of what so many whinge and whine about, Canada had a lot to leverage. Canada is pretty big, with a population of about 40 ...
Dennis Peron: The Gay Revolutionary Who Pioneered Medical Cannabis in America
SAN FRANCISCO-Dennis Peron, the "Father of Medical Marijuana," is a towering figure in the history of cannabis advocacy. His relentless dedication to compassion and justice not only changed the lives of countless patients but also ...
Bipartisan Legislation Introduced to Facilitate Expungement of Pardoned Federal Offenses
LOS ANGELES- On November 22, 2024, Representative Kelly Armstrong (R-ND) introduced H.R. 10248, known as the Weldon Angelos Presidential Pardon Expungements Act, in the U.S. House of Representatives. The bill, which has been referred to ...
Global Developments in Cannabis Legalization in 2023
LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Michigan Transfers Hemp Regulation to USDA
LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Oklahoma to Launch State-Run Cannabis Testing Lab for Industry Oversight by February 2025
LOS ANGELES- Oklahoma is preparing to launch a state-operated cannabis testing laboratory in February 2025, aiming to enhance the accuracy and reliability of product assessments within the state's medical cannabis industry. This initiative addresses longstanding ...
Climate First Bank Introduces Cannabis-Focused Financial Services in Florida
LOS ANGELES- Climate First Bank, headquartered in Orlando, Florida, has introduced specialized banking services tailored for the cannabis industry. This initiative aims to address the financial challenges faced by cannabis businesses, particularly in accessing traditional ...
Florida’s Cannabis Legalization Measure Fails Despite Majority Support
LOS ANGELES- In the recent election, Florida's Amendment 3, which proposed the legalization of recreational cannabis for adults aged 21 and over, received 56% voter support. However, it fell short of the 60% supermajority required ...
DEA Postpones Cannabis Rescheduling Hearings to 2025
LOS ANGELES-The U.S. Drug Enforcement Administration (DEA) has postponed its hearings on the proposed rescheduling of cannabis under the Controlled Substances Act (CSA) to early 2025. The delay follows a preliminary order from Chief Administrative ...
The Vegas Classic: A Premier B2B Networking Event in Partnership with MJBiz
LAS VEGAS- As the cannabis industry continues to evolve and expand, networking, collaboration, and innovative partnerships are more critical than ever. That’s why we’re incredibly excited to introduce The Vegas Classic, an exclusive B2B networking ...
Ohio Legislature Considers Ban on Intoxicating Hemp Products
LOS ANGELES- Ohio lawmakers are evaluating Senate Bill 326, introduced by State Senator Steve Huffman (R-Tipp City), which aims to prohibit the sale of intoxicating hemp products. The proposed legislation defines such products as those ...
Breadstack: Is This The Winning Formula for Cannabis eCommerce?
LOS ANGELES—As a founding member of the Cannabis Open Standards Technology Alliance (COSTA), Breadstack has firmly established itself as a trailblazer in cannabis e-commerce. Based in Canada, the company has risen to meet the unique ...
HYTN Innovations Secures UK Import Permits and Initial Order from 4C Labs
LOS ANGELES- HYTN Innovations Inc., a pharmaceutical company specializing in psychoactive and psychotropic compounds, including cannabis and psilocybin, has received initial orders and import permits from the United Kingdom's 4C Labs. This development enables HYTN ...
A LIFE IN A DAY: Riel Roussopoulos: Head of Marketing: Breadstack
Riel Roussopoulos is a Canadian marketer and technologist with extensive experience driving growth in a variety of industries, including e-commerce, entertainment, real estate, fitness, and cannabis. He leverages his expertise in SEO, video production, copywriting, ...
Federal Policy Uncertainty Continues to Challenge U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry remains in a state of flux due to ongoing federal policy uncertainties, impacting market dynamics, investment strategies, and regulatory compliance. In August 2024, the U.S. Drug Enforcement Administration (DEA) ...
New York’s Legal Cannabis Sales Approach $1 Billion Milestone
LOS ANGELES- New York State's legal cannabis market is on track to surpass $1 billion in sales by the end of December 2024, marking a significant achievement since the market's inception two years ago. As ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Canopy Growth Appoints New CEO Amid Financial Challenges
LOS ANGELES- Canopy Growth Corp., a cannabis industry, has announced the appointment of Luc Mongeau as its new Chief Executive Officer, effective January 6. Mongeau succeeds David Klein in this leadership role. With over 25 ...
