Case Studies
Cross-Border Deals Now Define Cannabis M&A
LOS ANGELES – The global Cannabis industry has entered a ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Highly Capitalized Network-HCN tracked meaningful steps in ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past two weeks brought measurable movement across federal policy, corporate financial reporting, international deals, and product categories in the U.S. Cannabis sector. Operators absorbed details on rescheduling implications, watched hemp-derived THC ...
Congress Presses FDA on Psychedelic Therapy Approvals
WASHINGTON – A bipartisan coalition of 32 House members sent a formal letter to FDA Commissioner Martin A. Makary urging the agency to move faster on ongoing reviews of psychedelic treatments. The letter stated that ...
TerrAscend Reports Q1 2026 Financial Results
TORONTO – TerrAscend Corp. announced financial results for the first quarter ended March 31, 2026, showing modest year-over-year revenue growth from continuing operations and sustained operational performance across its core Northeast markets. The company reported ...
Pre-Rolls Outpace Flower as Top U.S. Cannabis Category by Unit Sales
LOS ANGELES – Pre-rolled Cannabis products became the leading category in the United States by the number of units sold in 2025, according to data released in the State of the Pre-Roll Market 2026 report ...
German Pharmacies Offer Cannabis Cheaper Than Darknet
BERLIN – Cannabis flower available by prescription through German pharmacies has for the first time undercut prices on the darknet, according to data released by EKOCAN as part of the official evaluation of the country’s ...
Cannara Biotech Reports Q2 2026 Financial Results
MONTREAL – Cannara Biotech Inc. posted its fiscal second-quarter results, recording higher revenues and a sharp improvement in cash generation as the Quebec-based producer continued to pick up ground in a flat national Cannabis market. ...
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired Safari Flower Co., an established white-label, EU-GMP-certified Cannabis cultivator and manufacturer based in Ontario. Aurora purchased 100% of the shares of 9869247 Canada Limited, operating ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past two weeks brought measurable movement across federal policy, corporate financial reporting, international deals, and product categories in the U.S. Cannabis sector. Operators absorbed details on rescheduling implications, watched hemp-derived THC ...
Congress Presses FDA on Psychedelic Therapy Approvals
WASHINGTON – A bipartisan coalition of 32 House members sent a formal letter to FDA Commissioner Martin A. Makary urging the agency to move faster on ongoing reviews of psychedelic treatments. The letter stated that ...
TerrAscend Reports Q1 2026 Financial Results
TORONTO – TerrAscend Corp. announced financial results for the first quarter ended March 31, 2026, showing modest year-over-year revenue growth from continuing operations and sustained operational performance across its core Northeast markets. The company reported ...
HYTN and A1 Cannabis Forge Partnership to Expand Cannabis Beverage Production
LOS ANGELES- HYTN Innovations Inc., a company specializing in pharmaceutical-grade cannabis manufacturing, has entered into a three-year collaboration with A1 Cannabis Inc., the owner of Summit Cannabis Beverages. This partnership aims to enhance operational efficiency ...
Minnesota Opens Application Window for Cannabis Business Licenses
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has commenced accepting applications for various cannabis business licenses as of February 18, 2025. This marks a significant step toward establishing the state's legal cannabis market. ...
Switzerland Advances Plan to Legalize Recreational Cannabis Under Government Regulation
LOS ANGELES- Switzerland is progressing toward the legalization of recreational cannabis through a framework emphasizing strict government oversight. On February 14, 2025, the National Council's Social Security and Public Health Committee (CSSS-N) approved a preliminary ...
What You Need to Know About Risk Management and Insurance in Cannabis
LOS ANGELES—Every CFO needs to know that the cannabis industry is fraught with unique risks that require specialized risk management strategies and comprehensive insurance coverage. As companies navigate this complex landscape, understanding these risks and ...
New Lawsuit Accuses CCELL of Price-Fixing & Monopoly Tactics
LOS ANGELES — February 14, 2025 A class action lawsuit has been filed against Smoore, the parent company of CCELL, and its U.S. distributors, accusing them of engaging in illegal price-fixing and monopolistic practices that ...
Global Cannabis Regulatory Summit to Convene in Washington, D.C.
LOS ANGELES- Artemis Growth Partners and Tenacious Labs have announced the inaugural Global Cannabis Regulatory Summit (GCRS), scheduled for March 25-27, 2025, at the United States Capitol Complex in Washington, D.C. This invite-only event aims ...
Ontario Cannabis Sales Reach CA$166 Million in January, Marking 6% Annual Growth
LOS ANGELES- Ontario's legal cannabis market commenced 2025 with robust performance, recording sales of CA$166.15 million in January. This figure represents a 6% increase compared to January 2024, indicating sustained consumer demand and market expansion. ...
Neurotech International Enters Development Agreement for Cannabinoid Therapies
LOS ANGELES- Neurotech International Limited, a clinical-stage biopharmaceutical company specializing in pediatric neurological disorders, has signed a development agreement with RH Pharma, a subsidiary of the European Cannabis Company (ECC). This collaboration aims to develop ...
North Carolina Voters Show Strong Support for Medical Cannabis Legalization
LOS ANGELES- A recent poll indicates that a significant majority of North Carolina voters favor the legalization of medical cannabis, with substantial backing across political affiliations. The survey reveals that 45% of respondents "strongly" support ...
Industry Collaboration Essential to Mitigate Cannabis Testing Lab Fraud
LOS ANGELES- The cannabis industry is confronting significant challenges related to fraudulent practices in testing laboratories, including the inflation of THC potency levels and the manipulation of safety results. These actions not only mislead consumers ...
HHS Secretary Robert F. Kennedy Jr. Advocates for Reevaluating Marijuana Incarceration Policies
LOS ANGELES- In a recent interview following his confirmation as the U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr. addressed the issue of marijuana-related incarcerations. He emphasized the need to balance concerns ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Canada Invests Nearly $3 Million in Psilocybin-Assisted Psychotherapy Research
LOS ANGELES- The Government of Canada, through the Canadian Institutes of Health Research (CIHR), has committed nearly $3 million to fund three clinical trials investigating psilocybin-assisted psychotherapy as a treatment for various mental health and ...
Cybin Announces Third Quarter Fiscal Year 2025 Financial Results and Business Updates
LOS ANGELES- Cybin Inc., has released its unaudited financial results for the third quarter ending December 31, 2024, alongside recent business developments. Financial Highlights: Cash Position: As of December 31, 2024, Cybin reported cash holdings ...
Montana Lawmaker Proposes Consumer Registration and Surveillance for Cannabis Purchases
LOS ANGELES- A Republican lawmaker in Montana has introduced legislation that would require individuals aged 21 and older to register with the state Department of Revenue and pay a $200 annual fee to legally purchase ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
Minnesota’s Cannabis Office Initiates Grant Program for Communities Affected by Prohibition
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has introduced the CanRenew Community Restoration Grants, a program designed to support communities disproportionately impacted by past cannabis prohibition policies. In 2025, the program will allocate ...
The Future of Cannabis Under Trump’s 2025 Administration: A Tough Road Ahead?
WASHINGTON, D.C.–As the new Trump administration takes shape in 2025, the future of cannabis policy in the United States remains uncertain. While President Trump has occasionally expressed support for a state's rights approach to cannabis ...
Missouri Expunges More than 140,000 Cannabis Cases
ST LOUIS- Missouri courts have expunged more than 140,000 cannabis-related cases since voters approved a constitutional amendment in 2022 to legalize recreational cannabis. However, the total number of expungements is unlikely to grow significantly beyond ...
New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES- New Mexico House Bill 331 was introduced, proposing that cannabis establishments with ten or more employees be required to enter into, maintain, and adhere to labor peace agreements with bona fide labor organizations. ...
