Case Studies
Public Opinion Fires Up Support for Cannabis in NC
RALEIGH – A large majority of North Carolina adults support ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – A hostile takeover bid, a Senate hemp ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a ...
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 ...
Decibel Reports Q1 2026 Financial Results
CALGARY – Decibel Cannabis Company Inc. posted its financial results for the first quarter of 2026, showing notable gains in both domestic and international operations. The producer highlighted continued momentum from its branded products in ...
TSA Lists Medical Cannabis as Permitted, The Rules Page Is Still Blank
SPRINGFIELD – Travelers navigating state-legal Cannabis programs now have clearer federal agency direction on what to expect at airport security. The Transportation Security Administration (TSA) revised its public “What Can I Bring?” tool to list ...
Rob Van Dam Enters Cannabis Wellness with New Hemp-Derived E-Commerce Platform
LOS ANGELES – WWE Hall of Famer Rob Van Dam aka RVD, long known for his open support of Cannabis, has stepped into the wellness side of the industry with a fresh venture. The move ...
Leafwell Brings Medical Cannabis to the Benefits Table
CHICAGO – When Emily Fisher, the CEO and founder of virtual Cannabis-based care clinic Leafwell, was navigating her first breast cancer diagnosis, she turned to Cannabis out of desperation, not conviction. There was no physician ...
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 ...
Ascend Wellness Shares Climb 5.3% Amid Low Trading Volume
LOS ANGELES- Shares of Ascend Wellness Holdings, Inc. rose by 5.3% on Friday, reaching an intraday high of $0.82 before closing at $0.80. This upward movement came despite a notable decrease in trading volume, with ...
Older Adults Increasingly Turn to Cannabis for Pain and Sleep Relief
LOS ANGELES- A growing number of older adults in the U.S. are turning to cannabis for managing sleep disturbances and chronic pain relief, especially as cannabis gains legal and social acceptance. Recent studies suggest that ...
Psyence Biomed Progresses in Psilocybin Development for Alcohol Use Disorder
LOS ANGELES- Psyence Biomed, a biopharmaceutical company focused on psychedelic therapeutics, has provided an update on its development of high-purity psilocybin in collaboration with PsyLabs. The company is working towards producing Active Pharmaceutical Ingredients (APIs) ...
What Is The Clean Label Movement: How Does It Apply To Cannabis?
LOS ANGELES — The clean label movement, which has transformed the food, beverage, and wellness industries, is also becoming a vital focus within the cannabis sector. Today’s consumers are informed, health-conscious, and increasingly demand transparency ...
Seelos Therapeutics Delisted from Nasdaq Moves to OTC Market
LOS ANGELES- Seelos Therapeutics, a clinical-stage biopharmaceutical company, has announced its delisting from the Nasdaq stock exchange after failing to meet the minimum stockholder's equity requirement. Despite an extension until October 11, 2024, granted by ...
Mastering Employee Compliance: Navigating State-Specific Complexities in Cannabis
LOS ANGELES — Operating a cannabis business in the U.S. requires more than just understanding the industry's shifting landscape; it demands staying ahead of ever-evolving, state-specific regulations. Nowhere is this more critical than in managing ...
Psychedelics Market Sees Growth Amid Regulatory and Investment Shifts
LOS ANGELES- The psychedelics market in the U.S. is witnessing rapid expansion, driven by both regulatory advancements and increasing investor interest. The sector, valued at approximately $603.1 million in 2024, is projected to grow at ...
Mastering the Cannabis Market: 4 Key Strategies for Cultivation Success with BigMike
LOS ANGELES — The U.S. cannabis industry, projected to reach nearly $40 billion by the nearing close of 2024, presents both substantial opportunities and escalating challenges for cultivators. With rising competition, price compression, and increasing ...
ANNOUNCING: We’re ‘Stirring the Pot’ in New Classic Cannabis Debate Show Sponsored by Guy Rocourt Brand
GET READY to 'STIR THE POT': Cannabis Debates Heat Up in New Show "Stirring the Pot," Sponsored by Guy Rocourt Brand Launching October 2024, 'Stirring the Pot' Brings Together Industry Celebrities to Discuss the Hot Topics ...
Tennessee Introduces New Regulations for Hemp Product Sales
LOS ANGELES- Tennessee regulators have introduced significant new rules for the sale of hemp-derived cannabinoid (HDC) products, which are set to take full effect on December 26, 2024. These regulations, overseen by the Tennessee Department ...
Germany’s Medical Cannabis Market Set to Reach €420 Million in 2024
BERLIN- Germany's medical cannabis market is poised for substantial growth in 2024, with sales projected to surpass €420 million ($455 million), according to a report by Prohibition Partners. The country, which has led Europe in ...
2024 Presidential Candidates Outline Contrasting Visions for Cannabis and Psychedelics Reform
LOS ANGELES- The 2024 presidential election is showcasing a diverse range of positions on cannabis and psychedelics reform, reflecting the evolving landscape of U.S. drug policy. Prominent candidates across both parties have taken varying stances, ...
Massachusetts Voters Divided Over Psychedelics Legalization Ahead of 2024 Ballot
LOS ANGELES- Massachusetts voters are set to decide on Question 4 in the upcoming November 5 ballot, which proposes the legalization and regulation of certain psychedelic substances for therapeutic and personal use. If approved, Massachusetts ...
The Normalization of Cannabis: Insights from California’s Consumption Lounges
LOS ANGELES — Cannabis has come a long way from its stigmatized past, with consumption lounges playing a pivotal role in normalizing its use. In California, legalization of these lounges is reshaping how consumers interact ...
Cannabis Industry Poised for $112 Billion Impact in 2024
LOS ANGELES- The cannabis financial market has been showing signs of both growth and challenges in 2024. The U.S. cannabis industry is projected to contribute $112.4 billion to the economy by the end of the ...
Florida Chamber of Commerce Launches Campaign Against Cannabis Legalization Amendment
LOS ANGELES- The Florida Chamber of Commerce has launched an online campaign opposing Amendment 3, a ballot initiative that could legalize adult-use cannabis in the state. Through its website, flbizagainsta3.com, the Chamber aims to educate ...
New York Opens Applications for $5 Million Cannabis-Funded Community Grants Program
NEW YORK- New York State has opened applications for a $5 million Community Reinvestment Grants program, funded by cannabis tax revenue. This initiative is designed to support areas that have been disproportionately impacted by past ...
Multiple States to Vote on Key Marijuana Legalization Measures in November 2024
LOS ANGELES- The November 5, 2024 election is set to be a critical moment for cannabis law reform, with several states considering ballot initiatives that could reshape marijuana policies across the U.S. Key states include ...
California Judge Upholds Emergency Regulations Banning THC in Hemp Products
LOS ANGELES- A California judge has recently upheld emergency regulations that restrict the sale of hemp products containing any detectable levels of THC. The decision came after hemp companies challenged the state's new rules, arguing ...
Kamala Harris Pledges to Federally Legalize Cannabis
LOS ANGELES- Vice President Kamala Harris has announced a commitment to federally legalize cannabis if elected in the 2024 presidential race. Her campaign emphasizes that legalizing recreational cannabis will address systemic inequalities, particularly those affecting ...
U.S. Supreme Court to Hear Case Involving Trucker Fired Over CBD-Related THC Test
LOS ANGELES-The U.S. Supreme Court is set to hear arguments in a case involving Douglas Horn, a trucker who claims he was wrongfully fired after testing positive for THC, which he attributes to using a ...
New Hampshire Senate Blocks Cannabis Greenhouse Bill Despite Overwhelming House Support
LOS ANGELES- New Hampshire lawmakers have failed to override Governor Chris Sununu’s veto of a bill that would have allowed medical cannabis producers to cultivate cannabis in greenhouses. The House of Representatives had voted overwhelmingly, ...
Czech Senate Approves Regulation of Kratom and HHC Sales
LOS ANGELES- The Czech Senate has approved new legislation regulating the sale of kratom and hexahydrocannabinol (HHC), a move aimed at safeguarding public health, especially for minors. These changes follow a high-profile incident in January ...
Nebraska Officials Scrutinize Medical Cannabis Petition Signatures
LOS ANGELES- Nebraska state officials are questioning the validity of signatures supporting two medical cannabis ballot initiatives, sparking a legal battle over whether the measures should remain on the upcoming November ballot. Secretary of State ...
Tilray Reports 13% Decline in Cannabis Revenue for Q1 FY25
LOS ANGELES- Tilray Brands, a lifestyle and consumer packaged goods company, announced a 13% decline in its cannabis revenue for the first quarter of fiscal year 2025, ending August 31, 2024. Despite overall growth in ...
