Case Studies
Organigram Reports Q4 2025 Financial and Full Fiscal Year Results
TORONTO – Organigram Global Inc. released its record Q4 and ...
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with ...
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of ...
GTI Opens Rise Dispensaries in Minnesota, Expanding Access to Adult-Use Cannabis Buyers
CHICAGO – Green Thumb Industries (GTI) announced opening its Rise dispensaries across Minnesota, marking a key step in the state's shift to broader access for adult consumers. The move comes two years after lawmakers approved ...
California Reaps $259.7M in Cannabis Tax Revenue for Q2 2025
LOS ANGELES – California's legal Cannabis sector delivered $259.7 million in tax revenue during the second quarter of 2025, based on data released by the California Department of Tax and Fee Administration (CDTFA). The figure ...
Verano Adds Crystal River Location, Reaching 82 Dispensaries in Florida
CHICAGO – Verano Holdings Corp. has expanded its presence in Florida by opening a new MÜV dispensary in Crystal River, bringing its total to 82 stores statewide and 152 nationwide. This move bolsters Verano's network ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Cannabis Stocks Show Sensitivity to Q2 2025 Earnings Despite Market Volatility
LOS ANGELES – In the Cannabis industry, where trading often revolves around speculation and regulatory rumors, a recent analysis suggests that core financial performance still influences investor behavior. According to a recent report from Viridian ...
GTI Opens Rise Dispensaries in Minnesota, Expanding Access to Adult-Use Cannabis Buyers
CHICAGO – Green Thumb Industries (GTI) announced opening its Rise dispensaries across Minnesota, marking a key step in the state's shift to broader access for adult consumers. The move comes two years after lawmakers approved ...
California Reaps $259.7M in Cannabis Tax Revenue for Q2 2025
LOS ANGELES – California's legal Cannabis sector delivered $259.7 million in tax revenue during the second quarter of 2025, based on data released by the California Department of Tax and Fee Administration (CDTFA). The figure ...
Verano Adds Crystal River Location, Reaching 82 Dispensaries in Florida
CHICAGO – Verano Holdings Corp. has expanded its presence in Florida by opening a new MÜV dispensary in Crystal River, bringing its total to 82 stores statewide and 152 nationwide. This move bolsters Verano's network ...
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 ...
Braxia Scientific Corp. Announces Financial Results and Strategic Review
LOS ANGELES- Braxia Scientific Corp, a medical research company known for its innovative ketamine and psilocybin treatments for depression and related disorders, has recently disclosed its financial statements and management discussion for the first half ...
Germany’s Cannabis Legalization Vote Postponed Amid Political Hurdles and Public Debate
BERLIN- Germany's anticipated vote on legalizing cannabis, a significant step in the country's journey towards legalization, has been deferred to next year. This postponement, influenced by the Social Democratic Party (SPD)'s concerns, represents the latest ...
Branded Legacy, Inc. Acquires MariJPharmaceuticals to Bolster CBD Production and Intellectual Property
LOS ANGELES - In a notable expansion of its operations, Branded Legacy, Inc. announced on Tuesday the acquisition of Florida-based MariJ Pharmaceuticals, Inc., a company specializing in certified organic mobile extraction and production of CBD ...
Alabama Medical Cannabis Licensing: A Third Attempt Amid Challenge
LOS ANGELES -In a critical step toward establishing its medical cannabis industry, Alabama's Medical Cannabis Commission (AMCC) approved a new set of licenses on December 1, marking the third attempt in a complicated licensing journey. ...
5 Highlights From this Year’s MJBizCon 2023 in Las Vegas
LOS ANGELES- MJBizCon, the premier cannabis industry conference, made its mark in Las Vegas this year, captivating attendees with the latest trends, innovations, and groundbreaking developments. It's tough now for many operators with many going ...
Ohio Lawmaker Proposes Bill Challenging Newly Approved Cannabis Legalization
LOS ANGELES- A significant development has emerged in Ohio's cannabis legislation landscape. Republican State Representative Gary Click of Vickery has introduced House Bill 341, a legislative proposal aimed at revising the voter-approved measure that recently ...
Minnesota Man Offers Free Cannabis Cultivation Workshops to Public
LOS ANGELES- In a remarkable initiative supporting Minnesota's recent legalization of recreational cannabis, Steve Rosenfeldt, a local entrepreneur, is offering free workshops on cannabis cultivation and basics. Aimed at empowering residents with the skills and ...
Clearmind Medicine Announces Promising Results in Obesity Treatment from Pre-Clinical Trial
Clearmind Medicine Inc. a biotech company at the forefront of developing novel psychedelic-derived therapeutics, has announced encouraging outcomes from its latest pre-clinical trial. The study, spearheaded by Professor Joseph Tam of The Hebrew University of ...
