Case Studies
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up the first half of September ...
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Ohio Voters Show Strong Support for November’s Cannabis Legalization Measure
COLUMBUS- As Ohio prepares for the upcoming November elections, new data reveals that the majority of the state's voters are leaning towards the approval of a cannabis legalization measure. The poll, commissioned by the Coalition ...
MJUnpacked Conference in Detroit: Where Retailers and Brands Meet Investors in Cannabis
DETROIT–Michigan is set to become the epicenter of the cannabis industry as the highly anticipated MJUnpacked Conference unfolds from October 10th to 12th, 2023. This distinctive event, organized by Jage Media, Inc., promises an exclusive ...
Benzinga Awards Ceremony: Meet The Winners from Chicago 2023
The prestigious Benzinga Cannabis Awards, now in their second year, were recently unveiled during the Benzinga Cannabis Capital Conference held in Chicago on September 27-28. These awards serve as a beacon, illuminating the luminaries of ...
Texas Appeals Court Upholds Injunction Against Delta-8 THC Ban
LOS ANGELES- In the ever-evolving landscape of hemp regulation, Texas has encountered more than its fair share of bumps. On Thursday, a significant turn took place as a Texas appeals court upheld a temporary injunction ...
Verano Holdings and TILT Join Forces for Breast Cancer Awareness Month
LOS ANGELES- In a commendable move, Verano Holdings Corp. is prepping for its third annual Breast Cancer Awareness Month campaign, which will commence on October 1st. This extensive initiative will span eleven states, showcasing the ...
Curaleaf Sets Pricing for C$16 Million Offering of Subordinate Voting Shares
LOS ANGELES- In a significant development in the cannabis industry, U.S.-based Curaleaf, a leading provider of consumer cannabis products, has determined the pricing for its marketed offering of subordinate voting shares. As per the announcement, ...
American Nurses Association Recognizes Cannabis as Specialty Practice Area
LOS ANGELES- The American Nurses Association (ANA), representing over 5 million nurses in the United States, has formally recognized cannabis as a distinct nursing specialty practice. This announcement, made in a press release on Wednesday, ...
Schumer Expresses Strong Support for Cannabis Banking Reform in Senate
WASHINGTON- Senate Majority Leader Chuck Schumer (D-N.Y.) emphasized his support for cannabis banking reform during his speech on the Senate floor this Wednesday. Addressing the Senate, Schumer discussed the ongoing committee markup for the bipartisan ...
Numinus Wellness Seeks C$10 Million Capital Injection Through Share Sale
LOS ANGELES- Vancouver's Numinus Wellness Inc., a pioneer in the psychedelics space, unveiled plans to generate an additional C$10 million through an at-the-market equity program. However, the exact count of shares to hit the market ...
Medical Cannabis Advocacy Gains Momentum in Nebraska
LOS ANGELES- The advocacy group, Nebraskans for Medical Marijuana (NMM), is stepping up its efforts to legalize medical cannabis in the state. The group has rolled out two initiatives for the 2024 ballot: The Patient ...
Curaleaf Holdings Sets Pricing for Its C$16 Million Subordinate Voting Shares Offering
LOS ANGELES-- Curaleaf Holdings, Inc., a U.S. supplier of consumer cannabis products, revealed the pricing details of its forthcoming marketed offering of subordinate voting shares. Each share has been priced at C$6.00. The sole underwriter ...
Beyond the Balance Sheets: The Role of a Strategic Accountant in Cannabis
LOS ANGELES-In the ever-evolving landscape of the cannabis industry, where regulations shift like the winds, and financial complexities rival those of any other sector, the role of an accountant has taken on a new dimension. ...
Senate Banking Committee Advances Cannabis Banking Bill with Bipartisan Support
WASHINGTON — The Senate Banking Committee on Wednesday signaled a bipartisan move forward in the quest for federal cannabis banking reform. The committee's decision could enable financial institutions to service state-legal cannabis businesses, a monumental ...
Wisconsin Democratic Representatives Advocate for Cannabis Legalization
MADISON— Wisconsin Democratic representatives are bolstering their endeavors to legalize adult recreational cannabis, citing potential economic and social benefits. Senator Melissa Agard and Representative Darin Madison are advocating for legalization, asserting that it will enhance ...
Montana Cannabis Lab Closes Amid Testing Concerns, Sparking Statewide Debate
HELENA— A cannabis testing laboratory in Montana has closed its doors, sparking concerns over testing accuracy and oversight in the state's burgeoning cannabis industry. Stillwater Laboratories, owned by Ron and Kristine Brost, raised alarm bells ...
Detroit’s “Psychedelic Church” Raided by Police Amid Legal Controversies
DETROIT — Just days after being featured on the cover of the Detroit Metro Times, Detroit’s first "psychedelic church," Soul Tribes, faced a police raid, drawing attention to the complex legal landscape surrounding entheogenic plants ...
PharmaTher Holdings Pursues Ketamine-Based Medical Product, Eyes Global Market After FDA Nod
LOS ANGELES- In a recent development marking a leap in the medical application of ketamine, PharmaTher Holdings announced that the U.S. Food and Drug Administration (FDA) accepted the Abbreviated New Drug Application (ANDA) for its ...
Oregon’s Drug Decriminalization Controversy: A Look at the Ongoing Debate
LOS ANGELES- In a turn of events, Oregon faces a renewed battle over its drug policies, following the 2020 voter-approved Measure 110 that decriminalized the possession of drugs. Two petitions circulating in the state aim ...
The Startling Discrepancy: Maine’s Cannabis Testing Reveals A Concerning Trend
LOS ANGELES- In an alarming revelation, a study from Nova Analytic Labs based in Portland, Maine, underscores the lurking dangers in the state's medical cannabis program. The findings reveal a staggering discrepancy between contamination rates ...
The Silent Company Killer: How Distraction Undermines Cannabis Businesses (and Why Focus is Key)
LOS ANGELES- In the ever-evolving landscape of the cannabis industry, staying on the path to success can be a daunting challenge. Cannabis entrepreneurs and operators face myriad hurdles, from shifting regulations to fierce competition. However, ...
The Silent Company Killer: How Distraction Undermines Cannabis Businesses (and Why Focus is Key)
LOS ANGELES- In the ever-evolving landscape of the cannabis industry, staying on the path to success can be a daunting challenge. Cannabis entrepreneurs and operators face myriad hurdles, from shifting regulations to fierce competition. However, ...
When Cost Savings Are a False Economy for Hard-Pressed Cannabis Operators
LOS ANGELES-In the fast-evolving cannabis industry, operators are constantly seeking ways to stay competitive and maximize profits. Amidst the pressure to cut costs and increase efficiency, it's easy for cannabis operators to fall into the ...
Banks Surge Toward Cannabis Businesses Anticipating Federal Regulatory Shifts
LOS ANGELES- The US Department of Treasury is witnessing an unprecedented surge in requests from banking institutions eager to engage with cannabis businesses, according to data from the Financial Crimes Enforcement Network (FinCEN). This rush ...
Navigating the Green Wave: Key Considerations for Cannabis Operators in Company-Wide Restructuring
LOS ANGELES- The cannabis industry has experienced unprecedented growth and transformation in recent years, driven by changing regulations and shifting consumer attitudes. As the market matures, cannabis operators are increasingly looking to streamline operations, improve ...
Aeroponic Techniques Set to Transform Cannabis Cultivation
LOS ANGELES- In an industry marked by its ever-shifting cultivation practices, Eden Grow Systems is leading the charge with its innovative aeroponic cannabis cultivation techniques. Unlike the conventional practices which rely heavily on soil or ...
