Case Studies
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical ...
Helus Pharma Teams Up with TARA Mind on Veteran Mental Health Efforts
NEW YORK – Helus Pharma, a clinical-stage biopharmaceutical company focused ...
Rescheduling: What it Actually Means for US Cannabis
LOS ANGELES – For years, the Cannabis industry's most reliable ...
Aurora Ditches Adult-Use Cannabis Market for Medical Focus
EDMONTON – Aurora Cannabis Inc. has completed its transition away from Canada's adult-use market to concentrate fully on medical Cannabis, targeting more profitable regulated opportunities overseas. Chief Financial Officer Simona King revealed the strategy during ...
Connecticut Lawmakers Expand Psychedelics Access
HARTFORD – Connecticut's Joint Committee on Public Health approved a bill that broadens the state's pilot program for psychedelic-assisted therapy, opening it to adults beyond just veterans and first responders. The measure, Senate Bill 191, ...
RYTHM Reports Q4 and FY 2025 Financial Results
ROLLING MEADOWS – RYTHM Inc. delivered a significant revenue leap in 2025, fueled by licensing deals in the fast-growing low-dose Cannabis alternatives market. Full-year sales hit $17.3 million, yet the company posted a $33.3 million ...
Curaleaf Debuts in Maine’s Recreational Market
BANGOR – Curaleaf Holdings Inc. launched its recreational customer sales at a newly opened dispensary, marking the company's first step into Maine's adult-use sector after years of serving only medical patients. The store sits next ...
Americans Are Open to Learn More About Psychedelics, Ipsos Poll Finds
WASHINGTON – A fresh survey reveals that a majority of Americans express interest in gaining more knowledge about psychedelics as potential tools for mental healthcare, even as public familiarity remains spotty and opinions split along ...
Hawaii Lawmakers Advance Voter Measure on Rec Cannabis Legalization
HONOLULU – A group of 15 Hawaii state lawmakers introduced companion bills in the House and Senate, seeking to amend the state constitution and send the question of recreational Cannabis legalization to voters in the ...
Aurora Cannabis Secures EU-Wide Rights for Two Proprietary Strains
EDMONTON – Aurora Cannabis Inc. has won rights from the European Community Plant Variety Office (CPVO) for two homegrown strains, Farm Gas and Sourdough. The decision hands the company sole authority to produce and distribute ...
Aurora Ditches Adult-Use Cannabis Market for Medical Focus
EDMONTON – Aurora Cannabis Inc. has completed its transition away from Canada's adult-use market to concentrate fully on medical Cannabis, targeting more profitable regulated opportunities overseas. Chief Financial Officer Simona King revealed the strategy during ...
Connecticut Lawmakers Expand Psychedelics Access
HARTFORD – Connecticut's Joint Committee on Public Health approved a bill that broadens the state's pilot program for psychedelic-assisted therapy, opening it to adults beyond just veterans and first responders. The measure, Senate Bill 191, ...
RYTHM Reports Q4 and FY 2025 Financial Results
ROLLING MEADOWS – RYTHM Inc. delivered a significant revenue leap in 2025, fueled by licensing deals in the fast-growing low-dose Cannabis alternatives market. Full-year sales hit $17.3 million, yet the company posted a $33.3 million ...
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 ...
Alberta Psychedelics Startups Collaborate Ahead of Expected MDMA Legalization in Canada
LOS ANGELES- Two emerging Alberta-based psychedelics startups, ATMA Journey Centers and Cena Life, are forging a partnership in anticipation of the potential legalization of MDMA-assisted therapy in Canada come 2024. The strategic alliance aims to ...
Cresco Labs Finalizes Sale of Arizona Cannabis Operation and Secures New York Mortgage
CHICAGO– In a recent move aligning with its strategic vision of optimizing its portfolio, Cresco Labs Inc., a prominent figure in branded cannabis products, has finalized the sale of its singular licensed Arizona operation, "Encanto", ...
Goodblend Pennsylvania LLC Ordered to Pay $15.5 Million and Vacate Pittsburgh Property
NEW YORK - Atlanta-based multistate operator Parallel's subsidiary, Goodblend Pennsylvania LLC, a medical cannabis grower, has been directed by an Allegheny County Court to vacate its Pittsburgh facility and pay $15.5 million. The decision comes ...
Curaleaf Holdings Inc. Aims for Listing on the Toronto Stock Exchange
NEW YORK – Curaleaf Holdings Inc., a dominant player in the global cannabis consumer products arena, has taken a definitive step towards expanding its reach by filing an application to list its subordinate voting shares ...
Idaho Pushes Forward on Medical Cannabis Initiative Amidst Surrounding States’ Relaxed Laws
LOS ANGELES— As the drive for medical cannabis intensifies nationwide, Idaho finds itself as an island of resistance in a sea of relaxed cannabis regulations. Kind Idaho, a determined advocacy group, is fervently seeking to ...
Switzerland Greenlights First Legal Cannabis Dispensaries in a Milestone for European Policy
LOS ANGELES— In a landmark move that signifies a significant departure from traditional European cannabis policies, Switzerland's Federal Office of Public Health has given its nod to the establishment of the continent's first legal adult-use ...
Golden Roots Faces License Revocation and Hefty Fines in New Mexico Over Cannabis Regulation Violations
ALBUQUERQUE — New Mexico regulatory authorities have dealt a significant blow to Albuquerque's cannabis industry, revoking the license of local firm Golden Roots and imposing a nearly $300,000 fine. This punitive action is the result ...
Washington State Suspends True Northwest Lab’s Quality Assurance Certification
WASHINGTON STATE — State regulators announced a suspension on the quality-assurance certification of the Olympia-based testing lab, True Northwest, after multiple concerns arose regarding the lab's testing reliability and operational procedures. In an official statement, ...
Cannabis and the Workplace: A Changing Paradigm
LOS ANGELES- In a recent survey, compelling insights were unveiled concerning the changing attitudes and behaviors of individuals towards cannabis consumption, emphasizing its medicinal applications and subsequent implications in the professional arena. Key Insights: Usage ...
Bipartisan Cannabis Reform Takes Center Stage Again in Congress
LOS ANGELES- Rep. Nancy Mace (R-S.C.) has reintroduced federal cannabis reform to the forefront, two years after she became a prominent Republican voice on the matter. On October 24, Mace unveiled a new cannabis legalization ...
Debunking Fentanyl and Cannabis Misconceptions
NEW YORK- The New York Office of Cannabis Management (OCM) has released a comprehensive report addressing the widespread misinformation suggesting that cannabis is being contaminated with fentanyl. This misinformation has been perpetuated through various channels, ...
Oregon Cannabis Associations Merge Amidst Industry Challenges
LOS ANGELES- In a significant development within Oregon's cannabis sector, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon have decided to merge. The boards of both organizations approved this union last week, ...
Beckley Psytech Begins Landmark Phase IIb Study on Novel Intranasal 5-MeO-DMT Formulation for Treatment Resistant Depression
LOS ANGELES- In a significant development for the field of neuropsychiatric treatment, Beckley Psytech Ltd, a leading clinical-stage biotechnology firm, announced today the initiation of its international Phase IIb study on BPL-003. This novel synthetic ...
New Mexico Tax Department Pursues Over 100 Cannabis Firms for Delinquent Taxes
LOS ANGELES- The New Mexico Department of Taxation and Revenue announced an enforcement drive on Wednesday, highlighting that over 100 cannabis license holders in the state have failed to meet their tax obligations. According to ...
Exploring Rick Simpson Oil: A Practical Perspective
LOS ANGELES-Many years ago, a family sought my assistance concerning a sibling diagnosed with prostate cancer. This brother staunchly rejected conventional treatments like chemotherapy, radiation, surgery, and injections. He believed, with unwavering determination, that a ...
The Rise and Debate of Delta-8 THC: Understanding the Controversy
LOS ANGELES- Delta-8-Tetrahydrocannabinol (delta-8 or ∆8-THC) is making headlines as its popularity soars, primarily due to federal regulations that ambiguously classify it. Resembling the more commonly known Delta-9-Tetrahydrocannabinol in structure and effect, this lesser-known cannabinoid ...
Aurora Cannabis Settles Patent Litigation with Willow Biosciences
TORONTO — Aurora Cannabis, the Alberta-based licensed producer, has finalized a confidential settlement with Willow Biosciences over a previously ongoing patent litigation that began in July 2021. The specific terms and conditions of the settlement ...
Cybin Inc. and Small Pharma Join Forces in a Milestone Psychedelic Therapeutics Acquisition
LOS ANGELES- In a notable merger move in the psychedelic therapeutics landscape, Small Pharma Inc. has received the green light from the Supreme Court of British Columbia for its acquisition by Cybin Inc. This all-stock ...
4Front Ventures Secures Credit Agreement, Issues RSUs
PHOENIX — 4Front Ventures Corp., a prominent multi-state cannabis operator and retailer, declared on [Date] the issuance of restricted stock units (RSUs) linked to its newly established $10-million senior secured credit facility agreement. The Phoenix-based ...
Major Corporations Lobby for Cannabis Banking Reforms
NEW YORK — An analysis of recent Congressional lobbying disclosures has unveiled that prominent corporations like Bank of America, Mastercard, and GlaxoSmithKline, among others, are now lobbying for cannabis banking reform. The spotlight has been ...
Ayr Wellness Dispensary in Las Vegas Joins Growing Trend of Cannabis Unionization
LAS VEGAS — Workers at a Las Vegas cannabis store, known as The Dispensary and operating under the Ayr Wellness brand, have elected to unionize with the United Food and Commercial Workers Union (UFCW) Local ...
FSD Pharma and Celly Nutrition Corp. Schedule Virtual Securityholders Meeting
TORONTO — FSD Pharma, a noted biopharmaceutical company, and its partner Celly Nutrition Corp. have jointly announced a virtual meeting for FSD Pharma's securityholders. Slated for November 20, 2023, at 1:00 p.m. Toronto time, this ...
House VA Subcommittee Postpones Historic Psychedelic-Assisted Therapy Hearing
LOS ANGELES- A groundbreaking hearing of the House VA’s subcommittee on Health, set to discuss the potential of psychedelic-assisted therapies in combating mental health disorders, has been postponed. The delay was attributed to the ongoing ...
Higher Collective Elevates Connecticut’s Cannabis Landscape with Equity Ventures
LOS ANGELES- Connecticut's budding cannabis sector witnessed a significant milestone earlier this month as Higher Collective, a venture committed to fostering inclusivity and equity in the industry, unveiled its debut dispensary in Killingly on October ...
