Case Studies
DEA Judge Admits GAO Report, Rejects Prohibitionists’ Attempt to Reopen Cannabis Rescheduling Hearings
WASHINGTON – Chief Administrative Law Judge Derek Julius admitted a ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Big Pharma stopped dipping its toe and ...
Safe Harbor Equity & Highly Capitalized Network Announce Strategic Capital Advisory & Investor Outreach Partnership
LOS ANGELES — September 8, 2026 — Safe Harbour Equity, ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a new wholesale Cannabis tax to shore up its road repair budget, a Republican state lawmaker has introduced legislation to eliminate it entirely. House Bill 6224, ...
Glass House Brands Reports Q2 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its Q2 2026 financial results, reporting revenue of $47 million, nearly flat year-over-year but a 64% sequential improvement from Q1 2026. Biomass production reached a company record ...
Curaleaf Launches $272 Million Hostile Takeover Battle for Aurora Cannabis
NEW YORK - Curaleaf Holdings has launched a hostile takeover battle for Aurora Cannabis, publicly announcing plans to take a US$272 million offer directly to Aurora’s shareholders after failing to secure the support of Aurora’s ...
Lazear Advises Medical Cannabis Company Organic Remedies on ESOP Transaction
COLUMBUS, Ohio, July 6, 2026 – Organic Remedies, one of Pennsylvania's leading medical cannabis companies, has completed its transition to 100% employee ownership through an Employee Stock Ownership Plan (ESOP), marking another milestone in the ...
Q2 2026: The Quarter That Counted For Psychedelics
LOS ANGELES – Q2 2026 gave the psychedelic medicine sector the quarter that practitioners, investors, and regulators had been building up for years. Clinical programs delivered Phase 3 results, the White House signed an executive ...
California’s Legal Cannabis Market Holds Steady at Midyear
LOS ANGELES – California's licensed retailers generated $323.1 million in Cannabis sales in June, pushing the state's first-half total to nearly $1.95 billion. The June figure landed almost exactly in line with the roughly $322 ...
High Tide Tightens Ownership Guardrails with New Two-Part Rights Plan
CALGARY – High Tide Inc. announced that its board of directors approved a Temporary Shareholder Rights Plan and an Amended and Restated Shareholder Rights Plan, both executed with Olympia Trust Company as Rights Agent, dated ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a new wholesale Cannabis tax to shore up its road repair budget, a Republican state lawmaker has introduced legislation to eliminate it entirely. House Bill 6224, ...
Glass House Brands Reports Q2 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its Q2 2026 financial results, reporting revenue of $47 million, nearly flat year-over-year but a 64% sequential improvement from Q1 2026. Biomass production reached a company record ...
Curaleaf Launches $272 Million Hostile Takeover Battle for Aurora Cannabis
NEW YORK - Curaleaf Holdings has launched a hostile takeover battle for Aurora Cannabis, publicly announcing plans to take a US$272 million offer directly to Aurora’s shareholders after failing to secure the support of Aurora’s ...
What You Need to Know Banking and Financing Challenges
LOS ANGELES- Every entrepreneur CEO or CFO needs to know that navigating the banking and financing landscape in the cannabis industry presents unique challenges. Despite the rapid growth of the cannabis market in the United States, ...
What Entrepreneurs Need to Know Regulatory Compliance Costs
LOS ANGELES- Every entrepreneur, CFO and CEO needs to know that navigating regulatory compliance in the cannabis industry is not just a legal obligation, but also a significant financial undertaking. As the cannabis market continues ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators
LOS ANGELES- Vireo Growth Inc. has announced a $75 million equity financing at $0.625 per share, alongside agreements to acquire four single-state cannabis operators for approximately $397 million in all-stock transactions. The acquisitions include Proper ...
Canopy USA Appoints M. Brooks Jorgensen as President
LOS ANGELES- Canopy USA, a subsidiary of Canopy Growth Corporation, has announced the appointment of M. Brooks Jorgensen as its new President. Jorgensen brings over two decades of experience in the wine and spirits industry, ...
Expanding Investment Horizons: Opportunities for Cannabis Entrepreneurs
NEW YORK-The cannabis industry is evolving, presenting fresh opportunities for entrepreneurs willing to think beyond traditional boundaries. While some cannabis-specific investors may be stepping back, there’s growing interest from wellness-focused capital, accredited investors, and innovative ...
The Rise of a New Era of Consumption: Cannabis-Infused Drinks
LOS ANGELES-Cannabis-infused beverages have rapidly gained traction in recent years as a popular alternative to traditional consumption methods such as smoking and vaping. With the increasing legalization of cannabis in the United States and other ...
Ottawa’s Psilocybin Retailers Maintain Operations Amid National Enforcement Actions
LOS ANGELES- In Ottawa, several storefronts openly selling psilocybin, the psychoactive compound in magic mushrooms, continue to operate with minimal interference from local law enforcement. This contrasts with actions in other Canadian municipalities, where authorities ...
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
What You Need to Know About Cash Flow Management
NEW YORK- Every CFO and entrepreneur in Cannabis and Psychedelics needs to know that efficient cash flow management is essential in the cannabis industry, where companies face specific financial challenges. WELCOME Back to this fresh ...
Cansortium Completes Merger with RIV Capital
LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...
Psyence Biomed Completes $2 Million Private Placement
LOS ANGELES- Psyence Biomedical Ltd. , a biotechnology firm specializing in psilocybin-based psychedelic medicines, has finalized a private placement, securing approximately $2 million in gross proceeds. The financing involved the issuance of 1,000,000 common shares ...
Cannabis Industry Forecast for 2025: A Year of Transformation
LOS ANGELES—As the calendar turns to 2025, the cannabis industry stands on the brink of transformation. This year could mark a pivotal point, shaped by evolving policies, shifting consumer preferences, and new market opportunities on ...
Travis Ahern Named Executive Director of Massachusetts Cannabis Commission
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) has selected Holliston Town Manager, Travis Ahern, as its new Executive Director. Ahern's appointment follows a comprehensive search process that began earlier this year. He was among ...
Kaya Holdings Unveils Psilocybin Therapy Series at Sacred Mushroom Center
LOS ANGELES- Kaya Holdings, Inc. a in wellness and mental health solutions, has announced an inaugural open house event for its psilocybin treatment center, The Sacred Mushroom™. The event will take place on Friday, December ...
Psyence Biomedical Regains Nasdaq Compliance
LOS ANGELES- Psyence Biomedical Ltd. (Nasdaq: PBM) has regained compliance with all Nasdaq continued listing requirements, as confirmed by the Nasdaq Hearings Panel. The company had previously requested a transfer from The Nasdaq Global Market ...
MariMed Launches Wholesale Cannabis Operations in Missouri
LOS ANGELES- MariMed Inc, a multi-state cannabis operator, has initiated wholesale operations in Missouri, marking its expansion into a sixth revenue-generating state. The company's premium product lines—including Betty’s Eddies™ fruit chews, Bubby’s Baked™ confections, Vibations™ ...
LEEF Brands Closes CAD $500K Financing Round
LOS ANGELES- LEEF Brands Inc. , a California-based cannabis extraction and manufacturing company, has successfully closed the second tranche of its private placement financing, securing an additional CAD $500,000. This follows the first tranche, which ...
FDA Restricts Psychoactive Mushroom in Edibles
LOS ANGELES- The U.S. Food and Drug Administration (FDA) has issued a warning regarding the use of Amanita muscaria (fly agaric) mushrooms and their psychoactive compounds—muscimol, ibotenic acid, and muscarine—in food products. The FDA has ...
How to Read an Income Statement Like A Boss: Lessons from P&G
LOS ANGELES--At Procter & Gamble (P&G), we were taught to analyze financial statements with precision, breaking them down into actionable insights that link business performance to strategy. Cannabis companies can apply these same principles to ...
Aurora Cannabis Expands Distribution in Australia
LOS ANGELES- Aurora Cannabis Inc. has announced a distribution partnership between its wholly owned subsidiary, MedReleaf Australia, and The Entourage Effect, a company that provides distribution and support services to pharmacies in Australia. Under this ...
Weedmaps Founders Propose to Take Company Private
LOS ANGELES- Co-founders Doug Francis and Justin Hartfield of WM Technology, Inc., the parent company of Weedmaps, have proposed to take the company private. They offered $1.70 per share in cash for the approximately 68% ...
The Benefits of Using Hydroponics for Cannabis Cultivation
LOS ANGELES--Hydroponics, the practice of growing plants in a water-based, nutrient-rich solution rather than soil, has become increasingly popular among cannabis cultivators. This method offers several advantages, particularly when it comes to optimizing growth, enhancing ...
The Global Growth of Hydroponics in Cannabis Cultivation
LOS ANGELES--The hydroponics industry is experiencing unprecedented growth worldwide, driven largely by its increasing adoption in the cannabis sector. As cannabis legalization expands across continents, cultivators are turning to hydroponic systems to meet the demand ...
