Case Studies
McConnell Seeks to Close 2018 Hemp “Loophole” in Senate Funding Bill
LOS ANGELES- Senate Republican leader Mitch McConnell is advancing a ...
Texas Governor Expands Medical Cannabis Program, Vetoes THC Ban
LOS ANGELES— Texas Governor Greg Abbott has signed House Bill ...
Week In Review: Aurora Cannabis Denies Acquisition of MedLeaf Therapeutics; Canadian Cannabis Producers Expand Exports; Method Man and Zamnesia Partner to Launch Eight TICAL Cannabis Seeds in U.S. and Europe
LOS ANGELES — Welcome to the far too-exciting world of ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Cannabis Prices Decline in New York Amid Market Expansion
LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access. Price Reductions Across Product Categories Recent data indicates a ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
Village Farms International Granted 180-Day Extension to Meet NASDAQ
LOS ANGELES- Village Farms International Inc.has received a 180-day extension from The Nasdaq Stock Market LLC to regain compliance with the exchange's minimum bid price requirement. This extension follows the expiration of the initial compliance ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
PharmaDrug Inc. Advances Pharmaceutical Innovation with Strategic Acquisition of SecureDose Synthetics
NEW YORK-PharmaDrug Inc., a specialty pharmaceutical company, has recently provided a comprehensive update from CEO Robert Steen on their strategic acquisition of SecureDose Synthetics Inc. This move marks a significant step in PharmaDrug's ongoing efforts ...
Skymint’s Strategic Move Towards Long-term Viability Amidst Financial Struggles
LOS ANGELES- Skymint, a leading cannabis operator in Michigan, is facing significant operational changes as it shuts down its Harvest Park growing and processing plant in Dimondale, near Lansing. The closure, announced in an ...
Curaleaf’s Corporate Strategy for U.S. Unit
New York-based Curaleaf Holdings is embarking on a strategic reorganization of its U.S. subsidiary, Curaleaf USA. This move is part of the company's broader plan to list on the Toronto Stock Exchange, reflecting a significant ...
Japan’s Revision of Cannabis Drug Law
WORLD- In a historic move, Japan has taken significant steps toward reshaping its stance on cannabis, reflecting a nuanced approach to the burgeoning global interest in cannabis-derived pharmaceuticals and industrial hemp. The latest amendment to ...
Illinois Cannabis Retailers Hit Record Sales in November
LOS ANGELES- November marked a historic month for Illinois' adult-use cannabis retailers, as they achieved the highest single-month sales of legal cannabis since the opening of weed shops in January 2020. The Illinois Department of ...
MariMed Inc. Launches Cannabis Product Manufacturing in Illinois
LOS ANGELES- MariMed Inc., a cannabis company with a multi-state presence, has announced the commencement of its cannabis product manufacturing and processing activities at its new facility in Mt. Vernon, Illinois. The move, despite encountering ...
Arizona’s Cannabis Sales Show Signs of Stabilization
LOS ANGELES-Arizona's cannabis market, after experiencing a downturn over the summer, is showing signs of stabilization in the recent months, although overall sales for the year remain lower than expected. The state's cannabis industry has ...
Ohio Senate Redirects Cannabis Tax Revenue
LOS ANGELES- In a move that has sparked widespread debate, the Ohio Senate has recently passed a bill that significantly alters the allocation of tax revenue generated from adult-use cannabis. This legislative action stands in ...
Curaleaf Poised for Uplisting on Toronto Stock Exchange
LOS ANGELES- Curaleaf Holdings, Inc., a major player in the cannabis industry operating under the ticker symbols CURA and CURLF, has recently achieved a significant milestone in its financial journey. The company received conditional approval ...
Cornell University Study Explores Hemp Cannabinoids as Potential Natural Pesticides
LOS ANGELES- Recent research conducted by scientists at Cornell University in New York has opened a new avenue in the study of hemp, suggesting that cannabinoids produced by the plant may serve as a source ...
New Jersey’s Cannabis Market Flourishes with Record Sales and Evolving Equity Initiatives
LOS ANGELES- New Jersey's state cannabis market is witnessing a significant uptrend, both in sales and regulatory progress, as it matures into a robust industry. According to the latest report from the state’s Cannabis Regulatory ...
KwaZulu-Natal Boosts Hemp To Revitalize Economy
WORLD- In a significant move for South Africa's burgeoning hemp sector, the province of KwaZulu-Natal (KZN) has awarded 664 licenses for the cultivation, storage, and transportation of industrial hemp, as reported by The South African. ...
Optimi Health Corp. Partners with Sunshine Earth Labs to Supply Psychedelic Substances for Medicinal Research
LOS ANGELES- Optimi Health Corp. a Canadian company recognized for its work in controlled psychedelic substances such as natural psilocybin and MDMA, has announced a significant supply agreement with Sunshine Earth Labs Ltd., a British ...
Democratic Governors Urge President Biden to Expedite Cannabis Rescheduling by DEA
LOS ANGELES- A coalition of Democratic governors from six states has formally requested President Joe Biden to ensure the Drug Enforcement Administration (DEA) reclassifies cannabis before the end of 2023. The group's call to action, ...
New York Intensifies Efforts to Combat Illicit Cannabis Shops with Increased Inspections and Seizures
LOS ANGELES- In a continued effort to regulate and control the cannabis market in New York, state agencies are intensifying their crackdown on illegal dispensaries. Alexander, in a recent press release, highlighted the importance of ...
Massachusetts Cannabis Commission Chair’s Hearing Postponed Amid Allegations
LOS ANGELES- In a recent development within the Massachusetts Cannabis Control Commission (CCC), Chairwoman Shannon O’Brien’s hearing, scheduled for Tuesday, has been deferred following a judge's intervention. This postponement arises amid accusations of racially insensitive ...
Psychedelics Industry Sees Surge in Business Activity Amid Push for Mainstream Acceptance
LOS ANGELES- The psychedelics industry is witnessing a remarkable surge in business deals, partnerships, and mergers, marking a significant shift toward mainstream acceptance and legitimacy. A staggering 500% increase in dealmaking over the past four ...
Illinois Sets Record in Cannabis Sales; Boosts Social Equity and Diversity in Licensing
LOS ANGELES- Illinois' adult-use cannabis retailers hit a historic peak in November, achieving the highest sales to in-state residents in a single month since the opening of cannabis shops in January 2020. The total sales ...
Ohio Senate Passes Bill Expanding Voter-Approved Cannabis Initiative
LOS ANGELES- In a striking development, Ohio's Republican-controlled Senate has passed a bill that significantly broadens the scope of the state’s voter-approved cannabis initiative, Issue 2. Contrary to initial fears of advocates, the amended legislation, ...
DEA Warns Georgia Pharmacies Against Dispensing Medical Cannabis
LOS ANGELES-The Drug Enforcement Administration (DEA) has issued a stark warning to pharmacies in Georgia, stating that dispensing medical cannabis remains illegal under federal law. This warning comes nearly two months after the Georgia Board ...
New Jersey Considers Home Cultivation for Medical Cannabis Patients
LOS ANGELES- New Jersey is on the brink of a significant legislative change in its cannabis policy. A new bill has been introduced, aiming to legalize home cultivation of cannabis for registered medical cannabis patients. ...
Florida’s Evolving Medical Cannabis Landscape: Trends and Future Prospects
LOS ANGELES - Florida’s medical cannabis market is witnessing significant growth, with over 850,000 active cannabis patients, representing about 4% of the state's population. Insights from the Brightfield Group’s U.S. Cannabis Consumer highlight several key ...
llinois Cannabis Market Reaches New Heights in November Sales
LOS ANGELES- November marked a significant milestone for Illinois' adult-use cannabis market, achieving record-breaking sales predominantly from in-state residents, and ranking as the fifth-highest monthly total since the inception of legal cannabis shops in January ...
Numinus Releases 2023 Financial Year Results
LOS ANGELES- As the financial quarter reports roll out, they offer insights into the performance and strategic directions of various companies. Numinus Wellness Inc., a notable player in the burgeoning psychedelic therapeutics industry, has recently ...
Advancing Medical Cannabis Research in the UK: Progress and Challenges
LOS ANGELES- In 2018, the United Kingdom took a significant step by legalizing medical cannabis, yet its integration into the National Health Services (NHS) has been slow, marked by a lack of clinical studies and ...
