Case Studies
Canopy Growth Completes Acquisition of MTL Cannabis
SMITHS FALLS – Canopy Growth Corp. has finalized the purchase ...
Organigram Strikes Deal to Acquire Sanity Group
TORONTO-BERLIN – Organigram Global Inc. has signed a definitive agreement ...
Innovia Consulting Acquires 365 Cannabis
ONALASKA – Innovia Consulting, a longtime provider of Microsoft Dynamics ...
Tilray Brands Reports Q2 Fiscal 2026 Financial Results
NEW YORK – Tilray Brands Inc. posted net revenue of $217.5 million for its fiscal second quarter ended November 30, 2025, marking the company's highest quarterly figure to date and edging up 3% from $211 ...
Helus Pharma Rings Nasdaq Bell Post-Cybin Rebrand
TORONTO – Helus Pharma Inc., rebranded from Cybin Inc., opened trading on the Nasdaq Global Market under the ticker symbol $HELP, marking a shift from the NYSE American where it previously traded as $CYBN. The ...
Who Will Decide Cannabis Legalization? The Math Will.
LOS ANGELES -For decades, Cannabis reform in the United States has moved unevenly—state by state, ballot by ballot, crisis by crisis. On paper, federal prohibition still stands, and national politics remain polarized. But economically and ...
New York State OCM Updates Medical Cannabis Program, Expands Access for Out-of-State Patients
ALBANY – Governor Kathy Hochul signed a bill into law that extends New York's medical Cannabis program to patients certified in other states, marking the most substantial revision to the initiative since its 2016 launch. ...
New Brunswick Government Bets on Organigram with $2M Grant
MONCTON – Organigram Global Inc. has secured $2 million in provincial funding to support a $9.3 million project aimed at revamping its flagship cultivation site here. The upgrade, which targets lighting systems across 75 grow ...
Jazz Pharmaceuticals: The Medical Cannabis Insider Nearing $1B Milestone
DUBLIN – Jazz Pharmaceuticals reported a 20% jump in Q3 2025 sales for its cannabidiol-based epilepsy drug Epidiolex®, pushing the product's YTD revenue past $772 million and underscoring the company's steady position in the medical ...
Medicare Explores CBD Coverage for Seniors
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) is set to roll out a pilot program that could extend coverage to cannabidiol (CBD) treatments for certain older Americans, marking a cautious step by ...
Tilray Brands Reports Q2 Fiscal 2026 Financial Results
NEW YORK – Tilray Brands Inc. posted net revenue of $217.5 million for its fiscal second quarter ended November 30, 2025, marking the company's highest quarterly figure to date and edging up 3% from $211 ...
Helus Pharma Rings Nasdaq Bell Post-Cybin Rebrand
TORONTO – Helus Pharma Inc., rebranded from Cybin Inc., opened trading on the Nasdaq Global Market under the ticker symbol $HELP, marking a shift from the NYSE American where it previously traded as $CYBN. The ...
Who Will Decide Cannabis Legalization? The Math Will.
LOS ANGELES -For decades, Cannabis reform in the United States has moved unevenly—state by state, ballot by ballot, crisis by crisis. On paper, federal prohibition still stands, and national politics remain polarized. But economically and ...
Biden’s Pledge on Cannabis Reform Faces Scrutiny from Activists
LOS ANGELES- In a recent encounter with cannabis activists, President Joe Biden reaffirmed his commitment to reforming federal cannabis policy. However, activists argue that simply rescheduling cannabis is insufficient to address the harms caused by ...
Kentucky Senate Sets Conditions for Medical Cannabis Funding
LOS ANGELES- In a move that reflects ongoing debates over cannabis policy, the Kentucky Senate has introduced conditions for funding the state's Office of Medical Cannabis. The program, set to launch in 2025, now faces ...
Cresco Labs Navigates Financial Turbulence with Strategic Focus
LOS ANGELES- In a revealing glimpse into the cannabis industry's volatile financial landscape, Cresco Labs Inc. a cannabis multistate operator based in Chicago, disclosed a significant net loss of $180 million for the fiscal year ...
Hawaii Moves Closer to Cannabis Legalization with House Amendments
LOS ANGELES- Hawaii is on the verge of a major shift in its cannabis policy as House lawmakers in two crucial committees have voted to advance a bill for the legalization of adult-use cannabis, albeit ...
Review: Hall of Flowers Cannabis Business Event: A Uniquely Authentic Experience
LOS ANGELES--In an industry burgeoning with conventions and expos, the Hall of Flowers stands out not merely as an event but as a celebration of cannabis culture's depth, resilience, and creativity. It's not just the ...
TerrAscend Joins the Ranks of Cannabis Firms Challenging Tax Obligations Under Section 280E
LOS ANGELES- TerrAscend Corp., a prominent cannabis multistate operator, has announced a bold strategy to contest taxes owed under Section 280E of the Internal Revenue Code, signaling a potential shift in the financial maneuvering within ...
Thailand’s Blossoming Cannabis Culture Faces Potential Clampdown
LOS ANGELES- In 2022, Thailand marked a significant milestone as the first country in Asia to fully decriminalize cannabis, igniting a vibrant and burgeoning culture around the plant's recreational use. This liberalization has fostered a ...
Vice President Harris Critiques Federal Cannabis Classification as “Absurd,” Awaits DEA Decision
NEW YORK- In a recent statement at the White House, Vice President Kamala Harris has labeled the federal classification of cannabis as “absurd,” emphasizing the administration's anticipation for the Drug Enforcement Administration (DEA) to reconsider ...
Wyoming Enacts Ban on Delta-8 THC
LOS ANGELES- Wyoming's hemp-derived cannabinoid market faces significant disruption following the recent enactment of a law banning delta-8 THC products. Republican Governor Mark Gordon's decision to sign Senate File 32 into law marks a decisive ...
Morocco’s Pioneering Cannabis Harvest Yields 294 Metric Tons Amid Legal Shift
LOS ANGELES- In a historic development for Morocco and its agricultural sector, the nation's first legal cannabis harvest has culminated in a substantial yield of 294 metric tons in 2023. This milestone follows the country's ...
Indiana’s Pioneering Psilocybin Research Bill Awaits Governor’s Approval
LOS ANGELES- In a groundbreaking legislative move, Indiana stands on the precipice of advancing psilocybin research, following the final approval of a bill aimed at exploring the substance's potential in treating various medical conditions. The ...
New Mexico’s Cannabis Industry Surpasses $1 Billion in Sales
LOS ANGELES- In an impressive show of growth and economic impact, New Mexico's burgeoning cannabis sector has crossed a significant threshold, achieving over $1 billion in sales. This landmark achievement not only highlights the increasing ...
Jamaica’s Pure Jamaican and Seven Ten Limited Forge Path in Global Cannabis Market
LOS ANGELES- In a significant stride towards global market leadership, Pure Jamaican has initiated a groundbreaking program aimed at exporting its distinctive pharmaceutical products. This includes a range of cannabinoid compounds such as THC derived ...
High Tide Inc. Acquires Queen of Bud
LOS ANGELES- In a strategic move to enhance its market footprint, High Tide Inc. (Nasdaq: HITI) (TSXV: HITI), a prominent Canadian cannabis chain, has announced the acquisition of the Queen of Bud brand, including its ...
Ohio’s Innovative Approach to Cannabis Reform: Funding K9 Transition with Tax Revenue
LOS ANGELES- In a forward-thinking move, Ohio legislators are deliberating a bill designed to smooth the transition for police K9 units in the wake of the state's cannabis legalization. The proposed legislation seeks to utilize ...
Virginia’s Path to Adult-Use Cannabis Market Faces Political Hurdles
LOS ANGELES- The journey toward establishing a regulated adult-use cannabis market in Virginia is encountering significant political barriers, despite initial progress in cannabis legislation. The Commonwealth, which took initial steps towards a more progressive stance ...
Cybin Eyes $150 Million Boost Through Private Placement to Propel Psychedelic Drug Development
Cybin Inc., a firm at the forefront of psychedelic drug development, announced its plan on Wednesday to secure approximately $150 million in funding through the private placement of over 348 million common shares. This strategic ...
Washington to Eliminate 37% Tax on Medical Cannabis
NEW YORK- In a significant legislative move, Washington State has taken steps to alleviate the financial strain on medical cannabis patients by abolishing the 37% excise tax previously levied on their medicine. This decision follows ...
atai Life Sciences Advances VLS-01, A Novel DMT-Based Treatment
LOS ANGELES- atai Life Sciences a biotechnology company specializing in mental health treatments, is making strides in the development of a groundbreaking approach to treating treatment-resistant depression. Dr. Srinivas Rao, the Chief Scientific Officer, recently ...
New Study Affirms Long-Term Safety of CBD for Dogs
NEW YORK- In an era where CBD products have surged in popularity for their health benefits in humans, a new study funded by the National Animal Supplement Council (NASC) brings promising news for our four-legged ...
Arkansas Proposes Constitutional Amendment for Adult-Use Cannabis Legalization
LOS ANGELES- In a significant move towards cannabis legalization, Arkansas advocates have filed a constitutional amendment aimed at legalizing adult-use cannabis. The proposal, now awaiting review by the state attorney general's office, could see the ...
Week In Review: Curaleaf Expands Global Reach with Acquisition of Canadian Cannabis Operator; U.S. Treasury Secretary Reaffirms Support for Cannabis Banking Legislation; TerrAscend Charts New Fiscal Path Amid Cannabis Industry’s Tax Challenges
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from ...
Week In Review: High Tide Repots Breakeven; TerrAscend say They’ve Got $26M in Tax Refunds; Cresco Still Expanding; Chicago Atlantic’s Balance Sheet Gets Better
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from ...
Virginia Advances in THC Detection
LOS ANGELES- The Virginia Department of Forensic Science (VDFS) has made significant progress in the development of reliable methods for detecting THC and other cannabinoids in blood samples, marking a pivotal advancement in forensic science ...
Psyence Group Announces Strategic Business Moves
NEW YORK- In a series of strategic decisions aimed at refining its business focus and capitalizing on emerging opportunities within the psychedelic and palliative care industries, Psyence Group Inc has announced a comprehensive update on ...
