Case Studies
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like ...
Opinion: Rolling Toward a Greener Future: The Case for Industrial Hemp Toilet Paper
LOS ANGELES–When most people think about sustainability, they imagine renewable ...
Trulieve Opens Dispensary in Cincinnati, Strengthening Ohio Market Position
TALLAHASSEE – Trulieve Cannabis Corp., a major multi-state Cannabis operator, ...
9 in 10 Americans Favor Cannabis Legalization, Pew Research Center Poll Reveals
LOS ANGELES – A groundbreaking Pew Research Center survey conducted from January 27 to February 2, 2025, shows that 87% of Americans support legalizing cannabis, reflecting a seismic shift in public sentiment. The poll results, ...
Organigram Global Launches Collective Project THC Beverages in 25 U.S. States
TORONTO – Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), Canada’s leading cannabis company by market share, has made a significant stride into the U.S. market with the launch of its hemp-derived THC beverage brand, Collective ...
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
London Mayor Advocates for Decriminalization of Cannabis Possession
LOS ANGELES- London Mayor Sadiq Khan has endorsed recommendations from the London Drugs Commission (LDC) to decriminalize the possession of small quantities of natural cannabis for personal use. The LDC, established by Khan in 2022 ...
New Zealand Medicinal Cannabis Firms Propose Merger to Form Helius Health
LOS ANGELES- Three of New Zealand's medicinal cannabis companies—Helius Therapeutics, Green Leaf Group, and Elysian Group—have announced plans to merge into a single entity named Helius Health. The proposed consolidation aims to integrate the full ...
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and ...
Federal Court Invalidates Oregon’s Cannabis Labor Neutrality Law
LOS ANGELES- A federal judge has ruled that Oregon's Measure 119, which mandated labor neutrality agreements for cannabis businesses, is unconstitutional. The decision impacts the regulatory landscape for the state's cannabis industry. Measure 119, approved ...
9 in 10 Americans Favor Cannabis Legalization, Pew Research Center Poll Reveals
LOS ANGELES – A groundbreaking Pew Research Center survey conducted from January 27 to February 2, 2025, shows that 87% of Americans support legalizing cannabis, reflecting a seismic shift in public sentiment. The poll results, ...
Organigram Global Launches Collective Project THC Beverages in 25 U.S. States
TORONTO – Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), Canada’s leading cannabis company by market share, has made a significant stride into the U.S. market with the launch of its hemp-derived THC beverage brand, Collective ...
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
Colombian Lawmakers Narrowly Reject Bill for Legal Cannabis Sales
LOS ANGELES-- In a close vote of 47-43, Colombian lawmakers fell short of passing a bill that would have legalized adult-use cannabis sales nationwide. Although the measure received a majority of support in the chamber, ...
Florida Governor Ron DeSantis Signs Legislation Granting Medical Cannabis Licenses to Black Farmers and Expanding Telehealth Renewals
TALLAHASSEE - Florida Governor Ron DeSantis has signed a bill into law that aims to address longstanding inequities in the state's medical cannabis industry. The legislation provides medical cannabis cultivation licenses specifically to Black farmers ...
Tennessee Implements 6% Sales Tax on Hemp-Derived Cannabinoid Products as of July 1
NASHVILLE-- Tennessee residents purchasing products containing hemp-derived cannabinoids, including CBD, delta-8 THC, delta-9 THC, and delta-10 THC, will soon face an additional 6% "privilege" sales tax starting July 1. The state's Department of Revenue has ...
Ayr Wellness Secures Debt Reprieve of $69 Million Through Strategic Agreements Amid Acquisitions
MIAMI - Ayr Wellness, a multistate cannabis company, has successfully negotiated agreements to defer principal and amortization payments on debt obligations totaling approximately $69 million by two years. These deferrals were achieved through amendments to ...
TerrAscend Boosts Equity and Debenture Offering to $20 Million, Accelerating Expansion Plans
LOS ANGELES-- North American cannabis multistate operator, TerrAscend, has announced an increase in its previously announced equity and debenture offering from $15 million to $20 million. According to a news release issued on Monday, the ...
Cannabis Industry Faces Legal Challenge as Anti-Cannabis Activists File Lawsuit in New York
NEW YORK-- A coalition comprising anti-marijuana activists and nonprofits has recently taken legal action against the state of New York, aiming to reinstate cannabis prohibition and roll back the legalization law enacted in 2021. The ...
Los Angeles Law Enforcement Prioritizes Magic Mushroom Seizure Over More Dangerous Substances
Los Angeles-In a recent display of law enforcement priorities, the Los Angeles Police Department (LAPD) has made headlines for the confiscation of a substantial quantity of magic mushrooms. This seizure comes amid growing concerns about ...
California’s Leading Cannabis Distributor HERBL Faces Spectacular Collapse, Leaving Brands Unpaid
Los Angeles-In a stunning turn of events, HERBL, California's largest cannabis distributor, has collapsed, leaving a trail of unpaid brands and an uncertain future for the state's thriving cannabis industry. The sudden demise of HERBL, ...
FDA Releases Draft Guidance on Psychedelic Research, Paving the Way for Future Clinical Trials
LOS ANGELES-- The U.S. Food and Drug Administration (FDA) has taken a groundbreaking step in the field of psychedelic research by releasing a draft guidance document aimed at providing recommendations to researchers exploring the potential ...
Colorado Governor Jared Polis Announces Plans to Pardon Convictions Related to Psychedelics
DENVER - In a groundbreaking move, Governor Jared Polis of Colorado (D) unveiled his intention to issue pardons for all criminal convictions in the state pertaining to psychedelic drugs. The announcement came during his speech ...
Minnesota Embraces Cannabis Legalization, Paving the Way for Lucrative Business Ventures
MINNEAPOLIS - In a significant development, Minnesota has joined the ranks of adult-use cannabis states, creating a promising landscape for potential business opportunities. After months of legislative deliberation, the state became the 23rd in the ...
Canopy Growth Corporation Reports Declining Revenue
TORONTO — Canopy Growth Corporation, a leading player in the Canadian cannabis industry, announced steep losses exceeding C$3 billion in its recent financial report. Despite a 14% decline in revenue for the fourth quarter ending ...
Canopy Growth Corporation Reports Declining Revenue
TORONTO — Canopy Growth Corporation, a leading player in the Canadian cannabis industry, announced steep losses exceeding C$3 billion in its recent financial report. Despite a 14% decline in revenue for the fourth quarter ending ...
TerrAscend Receives Conditional Approval for TSX Listing, Announces Private Placements in Strategic Move for Cannabis Industry Expansion
TerrAscend Corp., a cannabis operator in North America, has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX), according to an announcement made by the company on Wednesday. This development, ...
New York’s Adult-Use Cannabis Program Falls Short of Tax Revenue Targets, Report Reveals
NEW YORK-- New York's nascent adult-use cannabis program has faced significant challenges in meeting its projected tax revenue targets, according to a recent report released by the Coalition for Access to Regulated & Safe Cannabis ...
Minnesota Craft Brewers Embrace New Cannabis Law, Expanding Opportunities for Low-Dose THC Beverages
LOS ANGELES-- Minnesota's craft brewing industry is abuzz with excitement following the enactment of a new cannabis law in the state. Industry leaders actively sought further regulations regarding THC-infused beverages and expressed their satisfaction with ...
California Department of Cannabis Control Awards $4.145 Million in Grants to Expand Access to Regulated Cannabis Retail
LOS ANGELES-- In an effort to bolster access to licensed retail cannabis, the California Department of Cannabis Control (DCC) announced on Tuesday that it has granted a total of $4.145 million to 18 municipalities across ...
Canada House Cannabis Group Announces Restatement of Financial Statements to Rectify Accounting Errors
LOS ANGELES-- Canada House Cannabis Group Inc. announced today the filing of a restatement of its unaudited condensed consolidated financial statements for the six months ended January 31, 2023, and 2022. The restatement, referred to ...
Acreage Holdings Optimizes Board of Directors as it Prepares for Acquisition by Canopy USA
LOS ANGELES-- Acreage Holdings, a New York-based cannabis multistate operator, has taken steps to streamline its board of directors in preparation for its impending acquisition by Canopy USA, the American subsidiary of Canadian producer Canopy ...
Nevada Enacts Comprehensive Cannabis Reform, Expanding Possession Limits and Easing Industry Restrictions
NEVADA-- In a significant development for the cannabis industry, Nevada Governor Joe Lombardo, a Republican, signed an omnibus cannabis bill into law last week. The new legislation, which was sponsored by state Senator Dallas Harris, ...
California Department of Cannabis Control Grants $4.145 Million to Expand Access to Licensed Retail Cannabis
LOS ANGELES -- The California Department of Cannabis Control (DCC) has announced the allocation of $4.145 million in grants to 18 municipalities aimed at enhancing access to licensed retail cannabis. Among the recipients, 14 jurisdictions ...
State-Level Tax Relief Provides Boost to U.S. Cannabis Industry Amidst Federal Uncertainty
LOS ANGELES-- In a much-needed respite for the U.S. cannabis industry, a growing number of states—20 in total—have passed legislation to exempt businesses from the burdensome Section 280E of the federal tax code. This move ...
TerrAscend Receives Regulatory Approval for Acquisition of Peninsula Alternative Health, Expanding Maryland Footprint
LOS ANGELES-TerrAscend Corp. North American cannabis operator, announced today that it has obtained regulatory approval from the Maryland Cannabis Administration (MCA) for its planned acquisition of Peninsula Alternative Health, a well-established medical dispensary in Maryland. ...
Cannabis Legalization in the United States: A Look at Recent Developments and Future Prospects
LOS ANGELES-- Last fall, President Joe Biden made headlines when he issued pardons for federal offenders charged and convicted of cannabis possession. However, despite this gesture, cannabis still remains federally illegal, classified as a Schedule ...
Ascend Wellness Plans to Raise $7 Million in Private Placement Offering
LOS ANGELES --Cannabis multistate operator Ascend Wellness Holdings Inc. has announced its intention to raise $7 million through a private placement offering. The New York-based MSO plans to sell 9,859,155 shares of Class A common ...
