Case Studies
High Times Brings Back Cannabis Cup to New York
LOS ANGELES – Josh Kesselman, the entrepreneur behind RAW® Rolling ...
MSOS ETF Rally Hints at Bigger Gains Ahead, Zuanic Report Finds
LOS ANGELES – A recent report from equity research firm ...
Organigram Reports Q4 2025 Financial and Full Fiscal Year Results
TORONTO – Organigram Global Inc. released its record Q4 and ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
From Cherokee to California: The New Bipartisan Crackdown on ‘Kid-Friendly’ Cannabis Marketing
LOS ANGELES- The California Department of Cannabis Control (DCC) issued fresh guidance this week reminding licensees that marketing, packaging, and labeling that could appeal to minors is strictly prohibited under MAUCRSA. It specifically highlighted bright ...
Curaleaf Set to Join S&P/TSX Composite Index
STAMFORD – Curaleaf Holdings, Inc. announced it has been selected for inclusion to the S&P/TSX Composite Index later this month, marking it as the initial U.S.-headquartered company in the sector to achieve this status. The ...
Maryland Collects $18.4M in Cannabis Tax Revenue for April-June Quarter
ANNAPOLIS – The Maryland Comptroller's Office issued a quarterly report showing the state gathered more than $18.4 million in sales tax from adult-use Cannabis between April and June 2025, a period that saw the Central ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
From Cherokee to California: The New Bipartisan Crackdown on ‘Kid-Friendly’ Cannabis Marketing
LOS ANGELES- The California Department of Cannabis Control (DCC) issued fresh guidance this week reminding licensees that marketing, packaging, and labeling that could appeal to minors is strictly prohibited under MAUCRSA. It specifically highlighted bright ...
Colorado Cannabis Business Park Entangled in Legal Battle Over Unpaid Electricity Bills
NEW YORK — A legal tussle over a six-figure electricity bill has emerged between the owners of Area 420, a Colorado cannabis business park, and one of its tenants, as reported by NBC. The dispute, ...
Florida Medical Cannabis Company Challenges State Over Licensing Fee Spike
NEW YORK — Sanctuary Cannabis, a player in Florida's medical cannabis industry, has initiated legal proceedings against the state, challenging a dramatic rise in biennial licensing fees. Under Governor Ron DeSantis' administration, the fees escalated ...
Ohio’s Cannabis Industry Eyes Adult-Use Legalization with Hope and Vigilance
LOS ANGELES- Ohio’s medical cannabis industry is looking toward the upcoming ballot with a mix of hope and caution as Issue 2, which would legalize adult-use cannabis, approaches a statewide vote. Operators in the sector ...
Ohio Decides On Adult-Use Legalization of Cannabis
CLEVELAND, Ohio – In Ohio, a momentous decision looms large on the horizon, transcending the scope of mere recreational cannabis decriminalization. The state's citizens are poised to exercise their voting rights on November 7, deliberating ...
Organigram Stock Rallies On $124.6 Million Investment from British American Tobacco Subsidiary
TORONTO- In a significant financial development, Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has secured a substantial investment of $124.6 million from BT DE Investments Inc., a subsidiary of British American Tobacco (NYSE: BTI). This ...
Alabama Medical Cannabis Commission Sets December Goal for Licensing Amid Legal Challenges
Alabama — After navigating through a series of legal hurdles and procedural delays, the Alabama Medical Cannabis Commission (AMCC) is now targeting December to finalize industry licenses, a move that its chairman describes as part ...
Kansas City Cannabis Workers Vote to Unionize, Joining Teamsters Local 955
LOS ANGELES— Employees at Home State Dispensary in Kansas City have made a landmark decision to unionize, becoming the first group of cannabis workers in the metro area to do so. The budtenders and inventory ...
MindMed Projects Operational Continuity into 2026 Amid Advancements in LSD-Based Anxiety Treatment
NEW YORK — Mind Medicine Inc. (MindMed), a biopharmaceutical company leading the charge in psychedelic drug development, has assured stakeholders of its financial viability well into 2026. This assurance comes even as the company, which currently ...
Optimi Health Secures CAD$1 Million in Non-Dilutive Debt Financing
TORONTO— Optimi Health Corp., a Canadian pioneer in psychedelic substance research and production, has successfully secured a non-dilutive Debt Financing Agreement (DFA) for a sum of CAD$1,000,000. This loan, provided by an arm's length party, ...
Senate Advances Bill Permitting VA Doctors to Recommend Cannabis to Veterans
WASHINGTON, D.C. — In a significant policy shift, the U.S. Senate has passed a bill that, among other directives, authorizes Department of Veterans Affairs (VA) physicians to recommend cannabis to veterans for medical purposes. This ...
Psyence Group Advances Psilocybin Production with Facility Expansion and Strategic Partnerships
LOS ANGELES- Psyence Group Inc. a trailblazer in the clinical-stage life sciences sector specializing in nature-derived psilocybin for mental health treatments, has announced significant developments in its Psyence Production division. The company takes pride in ...
U.S. Cannabis Operators Challenge Federal Enforcement in Landmark Lawsuit
LOS ANGELES- In a bold move that underscores the growing tension between state legislation and federal restrictions, a coalition of U.S. cannabis operators and investors has filed a lawsuit challenging the federal government's application of ...
Navigating Cannabis Conferences: A Comprehensive Guide for Companies
LOS ANGELES--If your company is gearing up to attend a cannabis conference, it's crucial to approach it with a well-thought-out strategy. The earlier you start your preparations, the better the results you can expect. My ...
Arizona Social Equity Cannabis License Holders Face Deadline Challenges
PHOENIX — As the state-mandated deadline of Sunday, Oct. 8, looms, more than half of Arizona’s social equity cannabis retail licensees risk missing the critical opening date for their businesses. Of the 26 license holders, ...
Economic Report Foresees Financial Upside for Ohio in Legalizing Recreational Cannabis
LOS ANGELES — A recent economic assessment suggests that Ohio could reap significant financial benefits should voters opt to legalize recreational cannabis use. As reported by the Ohio Capital Journal, analysis from the Columbus-based Scioto ...
Kanabo Partners with British Cannabis to Enhance Digital Health Services
LOS ANGELES- In a significant move to provide enhanced digital health services and specialty medicines, including medicinal cannabis, Kanabo (KNB), a patient-centric provider, has announced a collaborative partnership with British Cannabis. This collaboration will facilitate ...
Green Thumb Industries Opens Its 10th RISE Dispensary in Florida
NEW YORK— RISE Dispensaries, a burgeoning cannabis retail chain under Green Thumb Industries Inc., proudly announced the inauguration of RISE Dispensary Sun City Center. Marking their 10th retail footprint in Florida and the 86th on ...
Cybin Inc. Releases Interim Findings for Its Innovative Psilocybin Analog, CYB003
LOS ANGELES- In a major step for mental health treatment innovation, Cybin Inc. today publicized the interim results of its Phase 2 clinical trial for CYB003, its proprietary deuterated psilocybin analog. These findings highlight a ...
Las Vegas to Welcome New Cannabis Consumption Lounges Following CCB Decision
LOS ANGELES-- In a move reflecting the evolving landscape of the cannabis sector, the Nevada Cannabis Compliance Board (CCB) has awarded six conditional consumption lounge licenses, all set to be situated in Las Vegas. The ...
Virginia Judge Upholds State Law on Hemp Products in Notable Ruling
LOS ANGELES- In a notable legal decision, a federal judge in Northern Virginia declined to halt the enforcement of a recently established state law imposing stricter controls on hemp-derived products, as reported by the Virginia ...
Colorado Awards First Loans to Social Equity Cannabis Businesses
DENVER — In a move that underlines the state's commitment to fostering equitable growth in the cannabis industry, Colorado's Cannabis Business Office (CBO) has unveiled the inaugural recipients of the state's Cannabis Business Loan Program. ...
Massachusetts Cannabis Firms Challenge Federal Prohibition in Suit Against U.S. Attorney General
NEW YORK— A consortium of Massachusetts-based cannabis companies have taken the unprecedented step of suing U.S. Attorney General Merrick Garland over the federal prohibition of cannabis. The plaintiffs argue that these laws not only infringe ...
Canadian Psychedelics Startups Form Strategic Partnership Ahead of Potential MDMA Legalization in 2024
NEW YORK — With the Canadian government anticipated to greenlight MDMA-assisted therapy in 2024, two pioneering Alberta-based companies are proactively paving the way for a broader acceptance of psychedelic therapies. ATMA Journey Centers and Cena ...
Rhode Island Sets New Monthly Record with $7.11M in Adult-Use Cannabis Sales
LOS ANGELES- Rhode Island's adult-use cannabis market continues its upward trajectory, hitting a new monthly sales record of $7.11 million in September. This surge in sales has placed the state back on course to meet ...
Massachusetts Cannabis Companies Challenge Federal Prohibition in Lawsuit Against U.S. Attorney General
LOS ANGELES- A coalition of Massachusetts-based cannabis businesses has initiated legal proceedings against U.S. Attorney General Merrick Garland, presenting a strong case against the current federal cannabis prohibition. The litigants argue that the said prohibition ...
