Case Studies
AtaiBeckley Reports Expanded Phase 2a Data for EMP-01 in Social Anxiety Disorder
NEW YORK – AtaiBeckley Inc., the clinical-stage biopharmaceutical firm born ...
Industrial Hemp Market to Exceed $7B by 2031, Driven by Construction and Wellness
LOS ANGELES – The global industrial hemp market is on ...
Canopy Growth Completes Acquisition of MTL Cannabis
SMITHS FALLS – Canopy Growth Corp. has finalized the purchase of MTL Cannabis Corp. solidifying its position as the largest medical Cannabis company in Canada by revenue bolstered by added cultivation assets and patient channels. ...
Virginia Moves Toward Adult-Use Cannabis Sales While U.S. Policy Remains Uneven
RICHMOND- Virginia may finally close one of the most unusual gaps in U.S. Cannabis policy. Lawmakers in the Virginia General Assembly have approved legislation to establish a regulated adult-use Cannabis retail market and sent the ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors delivered clear signals of financial stability, policy refinement, consumer-driven changes, and therapeutic expansion. State-level sales held firm in key markets, major MSOs shared Q4 and FY 2025 ...
New Hampshire House Advances Bill to Regulate Medical Psilocybin Use
CONCORD – The New Hampshire House of Representatives has given initial approval to a bipartisan measure that would establish a state program allowing supervised therapeutic access to psilocybin for qualifying medical conditions. House Bill 1809, ...
As November Looms, the Intoxicating Hemp Industry Carries On — Calmly, Confidently, and Perhaps Optimistically
NEW YORK - Across the United States, the intoxicating hemp sector is behaving as though November 2026 is just another month on the calendar — not a potential regulatory cliff. That’s when new federal restrictions, ...
OPINION: The Cannabis Industry That Left Black America Behind
LOS ANGELES- America’s legal Cannabis industry loves to tell a redemption story: a plant once criminalized is now regulated, normalized, and generating billions in tax revenue. But redemption for whom? Black History Month shouldn’t just ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors remain in a state of flux, balancing regulatory progress, market milestones, and corporate maneuvers with persistent challenges. Mature markets posted impressive revenue numbers, major operators strengthened their ...
Canopy Growth Completes Acquisition of MTL Cannabis
SMITHS FALLS – Canopy Growth Corp. has finalized the purchase of MTL Cannabis Corp. solidifying its position as the largest medical Cannabis company in Canada by revenue bolstered by added cultivation assets and patient channels. ...
Virginia Moves Toward Adult-Use Cannabis Sales While U.S. Policy Remains Uneven
RICHMOND- Virginia may finally close one of the most unusual gaps in U.S. Cannabis policy. Lawmakers in the Virginia General Assembly have approved legislation to establish a regulated adult-use Cannabis retail market and sent the ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors delivered clear signals of financial stability, policy refinement, consumer-driven changes, and therapeutic expansion. State-level sales held firm in key markets, major MSOs shared Q4 and FY 2025 ...
PharmAla Biotech and Cortexa Supply GMP Psilocybin for Therapeutic Use in Australia
LOS ANGELES- PharmAla Biotech Holdings Inc., in collaboration with Cortexa Pty. Ltd., has achieved supplying Good Manufacturing Practice (GMP) Psilocybin for therapeutic use to a patient under the Australian authorized prescriber scheme, marking what the ...
Utah to Launch Psilocybin and MDMA Pilot Program for Behavioral Health Treatment
NEW YORK-Utah is set to introduce a pioneering pilot program that will allow select hospitals to administer psilocybin and MDMA to patients for behavioral health treatment starting in May, after Governor Spencer Cox opted to ...
Massachusetts Considers Legalizing Therapeutic Psychedelics
LOS ANGELES- Last week, the Massachusetts legislature's Special Joint Committee on Initiative Petitions convened a hearing to deliberate on a proposed initiative aiming to legalize the therapeutic use of natural psychedelics. The measure, which seeks ...
Week In Review: First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland; Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes: Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Massachusetts Approves Historic Maritime Cannabis Transport; NCAA Removes Cannabis from Banned Substance List; Brazil Decriminalizes Cannabis; Maryland Launches Cannabis Workforce Development Program
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: California State Fair Introduces Cannabis Sales & Consumption Areas; Cannabis Legalization Yields >$20 Billion in Tax Revenue; New York Task Force Shuts Down Over 100 Illegal Cannabis Dispensaries in Three Weeks
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion: California Reinvests Cannabis Tax Revenue to Support Communities: Vermont Medical Cannabis Patient Appeals Denial of Unemployment Benefits to State Supreme Court:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Texas Poll Shows Majority Support for Cannabis Legalization; Federal Moves to Reclassify Cannabis: Missouri Allocates $19 Million in Cannabis Tax Revenue to Veterans, Treatment Programs, and Public Defense
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: U.S. Historic Policy Shift on Cannabis; Canopy Growth Raises $50 Million; Thailand Steps Back from Legalization; Canada Exports Boom
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: New York Faces Challenges with Illicit Cannabis Shops: New Hampshire Senate Committee Approves Cannabis Legalization Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: DEA Reschedules Cannabis At Last; Schumer Reintroduces CAOA; Georgia Governor Enacts New Hemp Law; Minnesota Updates Cannabis Laws
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: MedMen Winds Up Wound Up; U.S. & State Legislators Address Diverse Cannabis-Related Issues; Study Finds THC Increases Survival Time in Palliative Patients; Dutchie Falls Over on 420…Again
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Kentucky Advances Medical Cannabis Licensing Schedule; Massachusetts Dispenses Social Equity Grants; California Advances Psychedelics Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Vangst Acquire CannabizTeam; Washington D.C. Enhances Medical Cannabis Regs; Petalfast Acquires Flow Distribution; Canadian Cannabis Sales Dip; DEA Plan Hearing on Psychedelics
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Florida Supreme Court Greenlights Adult Use; Virginia Governor Vetoes Cannabis Legalization Bill; Colombia’s Medical Cannabis Exports Surge to $10.8 Million Amid Regulatory Enhancements
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 ...
New York State Advances Cannabis Industry with License Expansion and Financial Support
NEW YORK — In a significant move aimed at bolstering the burgeoning cannabis industry in New York, the Cannabis Control Board voted last week to significantly expand the market's infrastructure by awarding licenses to 114 ...
Schumer Amplifies Push for Cannabis Banking Reform Through Public Petition
NEW YORK- Senate Majority Leader Chuck Schumer (D-NY) is intensifying efforts to advance the Secure and Fair Enforcement (SAFER) Banking Act, employing a public petition to highlight the critical need for banking access for cannabis ...
Expert Panel Recommends Pharmacy Access and Tax Reforms for Canada’s Cannabis Sector
LOS ANGELES- An expert panel appointed by the government to review Canada's Cannabis Act has proposed several key changes aimed at refining the nation’s adult-use legalization framework. After 18 months of deliberation, the panel released ...
Curaleaf Expands Global Reach with Acquisition of Canadian Cannabis Operator
LOS ANGELES- Curaleaf Holdings, a figure in the cannabis industry, is advancing its international presence through the acquisition of Northern Green Canada, a licensed cannabis producer that specializes in the import-export market. This move, the ...
IRS Guidance Signals Potential Shift in Federal Approach to Cannabis Industry Cash Transactions
NEW YORK- In a move that may herald a more accommodating stance by federal agencies towards the burgeoning cannabis industry, the Internal Revenue Service (IRS) recently issued a memo that could significantly alter the financial ...
U.S. Treasury Secretary Reaffirms Support for Cannabis Banking Legislation
LOS ANGELES- In a significant development from Washington, U.S. Treasury Secretary Janet Yellen has once again vocalized her backing for critical cannabis banking legislation, emphasizing the urgency of resolving financial barriers faced by state-regulated cannabis ...
Germany Approves Historic Cannabis Legalization Measure
LOS ANGELES- In a landmark decision, lawmakers in Germany's Bundesrat have voted to approve the CanG measure, paving the way for the national legalization of adult-use cannabis. The Bundesrat's approval follows the previous endorsement by ...
Settlement Talks Underway in Dispute Over Cannabis Dispensary Location in Syracuse Suburb
NEW YORK- In a recent development that underscores the intricate legal and regulatory landscape of New York's cannabis market, TJ's Cannabis of Liverpool has entered settlement discussions with the New York Office of Cannabis Management ...
South Dakota Implements Stringent Cannabis Regulations Amidst Growing Industry Scrutiny
LOS ANGELES- This week, South Dakota Governor Kristi Noem (R) enacted two significant pieces of legislation aimed at tightening control over the cannabis industry within the state. The first bill empowers law enforcement and other ...
