Case Studies
RIOCOCO Opens Its Largest Single Production Site in Sri Lanka
KATUPOTHA – RIOCOCO, one of the world's leading manufacturers of ...
SAMHSA Urges States to Prepare for Psychedelic Medicine Approval
WASHINGTON – The Substance Abuse and Mental Health Services Administration ...
High Times Cannabis Cup Debuts in Montana
HELENA – A competition that helped define American Cannabis culture ...
GTI Reports Q2 2026 Financial Results
CHCAGO – Green Thumb Industries Inc. reported Q2 2026 revenue of $306.7 million, clearing Wall Street's consensus estimate of $298.99 million by roughly $8 million. The result represented a 4.6% year-over-year gain, driven primarily by ...
Verano Reports Q2 2026 Financial Results
CHICAGO – Verano Holdings Corp. posted net revenue of $218 million for the three months ended June 30, 2026, up 8% year-over-year from $202 million in Q2 2025, and up 5% sequentially from $208 million ...
RYTHM Reports Q2 2026 Financial Results
ROLLING MEADOWS – RHYTHM, Inc. posted revenue from continuing operations of $23 million in the second quarter of 2026, a 73% sequential increase that cleared management's own guidance of 65% growth. For context. Total revenue ...
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
GTI Reports Q2 2026 Financial Results
CHCAGO – Green Thumb Industries Inc. reported Q2 2026 revenue of $306.7 million, clearing Wall Street's consensus estimate of $298.99 million by roughly $8 million. The result represented a 4.6% year-over-year gain, driven primarily by ...
Verano Reports Q2 2026 Financial Results
CHICAGO – Verano Holdings Corp. posted net revenue of $218 million for the three months ended June 30, 2026, up 8% year-over-year from $202 million in Q2 2025, and up 5% sequentially from $208 million ...
RYTHM Reports Q2 2026 Financial Results
ROLLING MEADOWS – RHYTHM, Inc. posted revenue from continuing operations of $23 million in the second quarter of 2026, a 73% sequential increase that cleared management's own guidance of 65% growth. For context. Total revenue ...
SNDL to Acquire 32 Cannabis Retail Stores from 1CM Inc.
LOS ANGELES- SNDL Inc. has entered into an agreement to acquire 32 cannabis retail stores from 1CM Inc. for CAD 32.2 million in cash. The stores operate under the Cost Cannabis and T Cannabis banners ...
Dutch Cannabis Growers Support Expansion of State-Regulated Sales Experiment
LOS ANGELES- The Netherlands has initiated an expansion of its state-regulated cannabis sales experiment, involving approximately 80 coffeeshops across 10 municipalities, including cities such as Breda, Arnhem, and Maastricht. This initiative permits these establishments to ...
Proposed New York Cannabis Legislation May Introduce Regulatory Challenges
LOS ANGELES- New York State legislators are considering a bill that could modify existing restrictions on intoxicating hemp products, potentially impacting the state's legal cannabis market. The proposed legislation aims to ease limitations on certain ...
Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results
LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
Organigram Acquires Collective Project to Enter U.S. Cannabis Beverage Market
LOS ANGELES- Organigram Global Inc. has acquired Collective Project Limited, a producer of cannabis and hemp-derived infused beverages. The acquisition involves an initial payment of approximately 6.2 million Canadian dollars (about $4.3 million), with potential ...
Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry
NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes entire industries. For the U.S. cannabis sector, still federally illegal and structurally fragmented, proposed tariffs and social program cuts under a second Trump administration could ...
Hemp-Derived THC Beverages Are Booming as Cannabis Companies and Big Retail Jump In
NEW YORK- As federal cannabis reform remains stalled, a different kind of green wave is gaining momentum—this one is carbonated, hemp-based, and available online or at your local corner store. Hemp-derived THC beverages, which leverage ...
TILT Holdings Addresses Default Notices from Innovative Industrial Properties
LOS ANGELES- TILT Holdings Inc., a provider of cannabis business solutions, has received default notices from Innovative Industrial Properties (IIP) concerning two properties due to outstanding rental obligations. The properties in question are located ...
AYR Wellness Announces Leadership Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, has announced recent adjustments to its executive team. Effective April 4, 2025, Steven M. Cohen stepped down as Interim Chief Executive Officer, a position he ...
Tariffs Expected to Increase Costs for U.S. Cannabis Consumers
LOS ANGELES- Recent tariff measures introduced by the U.S. administration are projected to raise the prices of cannabis products nationwide. The cannabis industry, which relies significantly on imports for various components, is poised to experience ...
Ireland Could Make Great Cannabis Policy: Examining the Past to Look Forward
LOS ANGELES - Access to safe and controlled cannabis for the Irish people is being decided upon in 2025. Watching a country make cannabis history is fascinating; Ireland and Europe at large are grappling with ...
Republicans Push to Recriminalize , NORML Pushes Back
WASHINGTON, D.C.--(NORML) The battle for cannabis freedom is ongoing. Despite growing public support for legalization, there remains a vocal yet powerful minority intent on maintaining the failed policy of cannabis criminalization. But every time ...
Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is progressing with plans to establish regulations for social consumption of cannabis, aiming to balance industry growth with public health and safety considerations. Proposed License Categories In ...
Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services
LOS ANGELES- Safe Harbor Financial, a fintech company specializing in financial services for the regulated cannabis industry, has entered into a strategic partnership with Würk, a human capital management firm focused on the cannabis sector. ...
Study Reveals Proliferation of Psilocybin Dispensaries in Canadian Urban Centers
LOS ANGELES- A recent study published in JAMA Network Open has identified 57 psilocybin dispensaries operating across 35.7% of major Canadian urban centers as of May 2024. The majority of these establishments are located in ...
Growing Craft with Scott Vasterling: A Fresh Perspective on Sungrown Cannabis
FOR IMMEDIATE RELEASE LOS ANGELES — A fresh voice is breaking into the cannabis media space, and it's set to change the way we think about craft cannabis forever. The highly anticipated debut of "Growing ...
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Mississippi Dispensary Owner Challenges State’s Medical Cannabis Advertising Ban in Supreme Court
LOS ANGELES- In March 2025, Clarence Cocroft, owner of Tru Source Medical Cannabis in Olive Branch, Mississippi, petitioned the United States Supreme Court to review the state's prohibition on advertising for medical cannabis businesses. This ...
IM Cannabis Corp Reports Significant Growth in German Market
LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed ...
Cannabis Extract Shows Potential in Reducing Neuroinflammation After Spinal Cord Injury
LOS ANGELES- A recent study published in the journal Neuroscience indicates that a cannabis extract containing both tetrahydrocannabinol (THC) and cannabidiol (CBD) may significantly reduce neuroinflammation and improve motor function following spinal cord injury. ...
Brazil’s Cannabis Industry Advances Amid Legal and Research Developments
LOS ANGELES- Brazil is witnessing significant progress in its cannabis industry, marked by legal reforms and dedicated research initiatives. The National Health Surveillance Agency (ANVISA) has authorized the importation, manufacturing, and sale of cannabis-based medicines, ...
The History of Sungrown Cannabis in California
LOS ANGELES - California's connection to cannabis resembles a fabulous legend that blends the state's lush landscapes with the determination of its people. Sungrown cannabis, cultivated under the open sky and fueled by the full ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
