Case Studies
Women’s History Month: Supporting the Woman Who Supported Me
By Guy Rocourt. LOS ANGELES-March is Women’s History Month, and ...
Abandoned Fighter Jet Test Site Under Review for Cannabis Cultivation Facility
NEW YORK – A long-vacant former Grumman Aerospace complex in ...
Bioxyne Lands Initial Orders for GMP-Compliant Psilocybin Capsules
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors wrapped up 2025 on a high note, with federal policy breakthroughs and corporate maneuvers signaling sustained growth potential across Cannabis & Psychedelics. Over the past two weeks, President Trump's ...
Texas Awards $50M Grant to Spearhead Ibogaine Trials
AUSTIN – The Texas Health and Human Services Commission has granted $50 million to a statewide consortium led by UTHealth Houston and the University of Texas Medical Branch at Galveston, marking the formal launch of ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
Trulieve Redeems $368M in Notes, Signaling Debt Reduction Push
TALLAHASSEE – Trulieve Cannabis Corp. has announced its decision to redeem its entire $368 million portfolio of 8.0% senior secured notes, due in 2026. The company issued the redemption notice, setting an early payoff date ...
Jushi Holdings Reports Q3 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc., a vertically integrated Cannabis operator with footprints in six states, disclosed third-quarter 2025 financials that showed revenue climbing 6.6% year-over-year to $65.7 million, driven by higher wholesales and customer ...
Compass Pathways Advances Psilocybin Therapy Timeline for Depression Treatment
LONDON & NEW YORK – Compass Pathways reported Q3 2025 financial results and signaled a faster path to market for its lead psilocybin-based therapy in treatment-resistant depression (TRD). The biotechnology firm now targets commercialization readiness ...
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors wrapped up 2025 on a high note, with federal policy breakthroughs and corporate maneuvers signaling sustained growth potential across Cannabis & Psychedelics. Over the past two weeks, President Trump's ...
Texas Awards $50M Grant to Spearhead Ibogaine Trials
AUSTIN – The Texas Health and Human Services Commission has granted $50 million to a statewide consortium led by UTHealth Houston and the University of Texas Medical Branch at Galveston, marking the formal launch of ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
UFC Pioneers Change by Excluding Cannabis from Banned Substances List
LOS ANGELES- In a landmark decision that is set to reshape drug policies in professional sports, the Ultimate Fighting Championship (UFC) has removed cannabis from its list of banned substances. Announced in Las Vegas, Nevada, ...
New Mexico Achieves Record-Breaking Cannabis Sales in December
LOS ANGELES— New Mexico's cannabis market has set a new monthly sales record in December, with total sales surpassing $50.4 million, a significant milestone in the state's burgeoning legal cannabis industry. The latest figures released ...
Copy of BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
Washington Enacts Law Safeguarding Off-Duty Cannabis Use by Job Applicants
NEW YORK— In a significant move for employment law, Washington State has implemented a new statute, Senate Bill 5123, effectively protecting job applicants from discrimination based on their off-duty cannabis use. Signed by Governor Jay ...
Tennessee Hemp Industry Faces Potential Setback from New Regulatory Proposals
LOS ANGELES- Tennessee's burgeoning hemp industry is confronting potential challenges due to new regulatory proposals by the state's Department of Agriculture. Business owners and growers within the state are voicing concerns that these new rules, ...
atai Life Sciences Reveals Promising Results from EMP-01 Phase 1 Study
NEW YORK- atai Life Sciences, a clinical-stage biopharmaceutical company, has announced encouraging results from its Phase 1 study of EMP-01, an orally administered R-enantiomer of MDMA. This study, a significant step in the company's mission ...
Oakland Tragedy Highlights Urgent Need for Federal Cannabis Policy Reform
LOS ANGELES- A somber mood envelops the Oakland Police Department following the tragic death of Officer Tuan Le, who was fatally shot while responding to a burglary at a cannabis dispensary. The incident underscores a ...
Virginia’s Legislative Shift: A New Hope for Adult-Use Cannabis Sales
NEW YORK- The political landscape in Virginia is undergoing a significant transformation as Democrats regain full control of the General Assembly, bringing renewed optimism for the launch of an adult-use cannabis market. This development comes ...
Anticipating Pivotal Changes: The U.S. Cannabis Industry’s Path in 2024
NEW YORK- The U.S. cannabis industry stands at a pivotal juncture as it anticipates the Drug Enforcement Administration's (DEA) next step in the long-awaited rescheduling process. This move, set to unfold in 2024, could mark ...
Alberta Introduces Progressive Cannabis Regulations to Boost Market and Consumer Access
LOS ANGELES- In a landmark move, Alberta, Canada, has announced new regulations set to invigorate the cannabis industry within the province, signaling a significant shift in the landscape of legal cannabis since its nationwide legalization ...
Johns Hopkins Launches Pioneering Study on Medical Cannabis with $10 Million Grant
LOS ANGELES- In a significant development in the realm of medical cannabis research, Johns Hopkins University School of Medicine has embarked on an ambitious project to track 10,000 medical cannabis patients across the United States. ...
Australia’s First Psychedelic-Assisted Therapy Clinic Receives Key Endorsement, Paving Way for Innovative Mental Health Treatments
NEW YORK- In a significant milestone for mental healthcare in Australia, Incannex Healthcare Ltd's subsidiary, Clarion Clinics, has received the Human Research Ethics Committee (HREC) endorsement for its pioneering psychedelic-assisted therapy clinic in Melbourne. This ...
Nevada Enacts Landmark Legislation Expanding Cannabis Possession Limits and Easing Industry Restrictions
LOS ANGELES- In a significant development for the cannabis industry, Nevada has ushered in the new year with groundbreaking changes to its cannabis laws. Senate Bill 277, enacted on January 1, marks a substantial shift ...
Cherokee Tribe Sets Precedent in North Carolina with Medical Cannabis Legalization
LOS ANGELES- In a landmark move, the Cherokee tribe in North Carolina has utilized its sovereignty to legalize medical cannabis within its territory, paving the way for significant economic and healthcare changes in the region. ...
Pennsylvania Advances Fair Competition in Medical Cannabis with SB 773
NEW YORK- Governor Josh Shapiro has signed into law SB 773, a bill poised to revolutionize Pennsylvania's medical cannabis market by promoting fair competition and challenging the dominance of major multistate operators (MSOs). This legislation ...
Alabama’s Medical Cannabis Licensing Faces Legal Challenges
NEW YORK- The Alabama Medical Cannabis Commission (AMCC) finds itself at the center of a legal storm today as several companies challenge the process and decisions made in awarding medical cannabis licenses in the state. ...
Arizona Launches First Cannabis Justice Reinvestment Grants
NEW YORK- In a landmark move, the Arizona Department of Health Services (ADHS) has announced the inaugural recipients of the Justice Reinvestment Grants, funded by the state's cannabis sales tax revenue. This initiative, stemming from ...
Missouri’s Cannabis Microbusiness License Program Under Scrutiny Amid Ineligibility and Exploitation Concerns
NEW YORK– Missouri's well-intentioned microbusiness license program, designed to foster diversity and inclusion in the burgeoning cannabis industry, is now facing significant scrutiny. Recent findings have revealed a disturbing trend of ineligible applicants receiving licenses, ...
Florida Medical Cannabis Home Grow Initiative Withdrawn Amid Signature Shortfall
NEW YORK– A grassroots effort to legalize home cultivation of cannabis for medical patients in Florida has come to a halt. The initiative, spearheaded by cannabis activist Moriah Barnhart and her group Wise and Free, ...
Filament Health and Jupiter Acquisition Corp. Call Off Merger
NEW YORK- – In a significant shift in the business landscape, Filament Health Corp. (OTCQB: FLHLF) (NEO: FH) and Jupiter Acquisition Corp. (Nasdaq: JAQC) have mutually decided to terminate their business combination agreement. This decision was ...
Ghana Joins Growing List of African Nations Legalizing Cannabis for Medical and Industrial Use
WORLD- Ghana has recently taken a significant step in cannabis reform by legalizing its cultivation for medical and industrial purposes. This decision, made by the Parliament earlier this month, positions Ghana in line with a ...
Ontario’s Cannabis Wholesaler Under Scrutiny for Large Cash Reserves
NEW YORK- Ontario's government-owned cannabis wholesaler, the Ontario Cannabis Store (OCS), has recently garnered attention for its substantial cash reserves, raising questions about financial transparency and operational efficiency within the burgeoning industry. As of March ...
Massachusetts Eases ‘Two Agent Rule’ for Cannabis Deliveries, Boosting Industry Efficiency
LOS ANGELES- In a significant development for the cannabis industry in Massachusetts, the state's Cannabis Control Commission (CCC) has voted to amend the longstanding "Two Agent Rule" for cannabis deliveries. This decision marks a pivotal ...
Global Recreational Cannabis Market on Track to Reach $50 Billion by 2027, Report Finds
LOS ANGELES- In a significant development for the global cannabis industry, a recent report from Prohibition Partners, a leading U.K.-based cannabis data, media, and technology firm, projects a dramatic expansion in the worldwide market for ...
