Case Studies
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its ...
Virginia Panel Outlines Path to Regulated Cannabis Sales in 2026
RICHMOND – Members of Virginia's Joint Commission to Oversee the ...
Texas Regulator Awards Verano Conditional License to Operate in State’s Medical Cannabis Market
AUSTIN – The Texas Department of Public Safety has issued ...
Ohio Cannabis Health and Business Summit Returns to I-X Center October 3-4, 2025
CLEVELAND, OH – September 16, 2025 — The Ohio Cannabis Health and Business Summit (OCHBS), founded by entrepreneur and community leader Lenny Berry, returns this fall with its biggest gathering yet. Some of the organizers of ...
Cannabis Stocks Surge After Trump Champions CBD for Seniors — But Is It Another False Dawn?
LOS ANGELES- Cannabis and hemp company shares surged Monday after President Donald Trump publicly endorsed cannabidiol (CBD) as a potential game changer for senior healthcare. His remarks, shared on Truth Social, called for CBD to ...
Cracking the Code to California Cannabis Success: Anaheim Hosts Market Spotlight on October 8
LOS ANGELES- California is the largest Cannabis market in the world, setting trends that shape global culture, regulation, and business strategy. On October 8, 2025, leaders from across the industry will gather in Anaheim for ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Cannabis Stocks Show Sensitivity to Q2 2025 Earnings Despite Market Volatility
LOS ANGELES – In the Cannabis industry, where trading often revolves around speculation and regulatory rumors, a recent analysis suggests that core financial performance still influences investor behavior. According to a recent report from Viridian ...
Ohio Cannabis Health and Business Summit Returns to I-X Center October 3-4, 2025
CLEVELAND, OH – September 16, 2025 — The Ohio Cannabis Health and Business Summit (OCHBS), founded by entrepreneur and community leader Lenny Berry, returns this fall with its biggest gathering yet. Some of the organizers of ...
Cannabis Stocks Surge After Trump Champions CBD for Seniors — But Is It Another False Dawn?
LOS ANGELES- Cannabis and hemp company shares surged Monday after President Donald Trump publicly endorsed cannabidiol (CBD) as a potential game changer for senior healthcare. His remarks, shared on Truth Social, called for CBD to ...
Cracking the Code to California Cannabis Success: Anaheim Hosts Market Spotlight on October 8
LOS ANGELES- California is the largest Cannabis market in the world, setting trends that shape global culture, regulation, and business strategy. On October 8, 2025, leaders from across the industry will gather in Anaheim for ...
Disabled Veterans Sue NY Cannabis Regulators Over Licensing System
NEW YORK-- A group of disabled military veterans has lodged a lawsuit in New York against cannabis regulators, claiming that their licensing system for certain social equity applicants breaches the state constitution. The lawsuit, filed ...
New York City Takes the Crown as The World’s Cannabis Capital, Global Study Reveals
NEW YORK–In a recent revelation that may raise more than a few eyebrows, New York City has ascended to the apex of global cannabis consumption, a startling position for a metropolis renowned for its fast-paced ...
Cannabis Research Firm MMJ International Holdings Prepares Lawsuit Against DEA for Alleged Violations of Federal Law
LOS ANGELES-- MMJ International Holdings Corp, a cannabis research company, is gearing up to file a lawsuit against the Drug Enforcement Administration (DEA), accusing the agency of failing to adhere to federal law regarding the ...
Canadian Cannabis Producer Cannara Biotech Reports Profitable Quarter
MONTREAL–Cannara Biotech, a prominent cannabis producer based in Montreal, has unveiled a notable achievement, reporting a profit of 2.9 million Canadian dollars ($2.2 million) in the recently concluded third quarter that terminated in May, as ...
Florida AG Says Adult-Use Legalization Campaign is Actually a Trulieve Monopoly Push
MIAMI–A campaign advocating the legalization of cannabis in Florida, sponsored chiefly by Trulieve Cannabis Corp., a notable multistate operator, has come under the scrutiny of the state attorney general, who alleges that it disguises a ...
MSO Story Cannabis Co. Acquires Four New Cannabis Stores in Arizona
LOS ANGELES-Story Cannabis Co., a prominent multistate operator, has successfully secured a substantial foothold in the Arizona cannabis market by acquiring four coveted vertically integrated licenses from Devi Holdings. These licenses, which were previously under ...
FDA Issues First Ever Guidance for Research of Psychedelics
NEW YORK-In a noteworthy stride toward potential shifts in medical practices, the Food & Drug Administration (FDA) has introduced a draft guidance that could pave the way for researchers to explore the use of psychedelics ...
South Dakota Resident Initiates Effort to Repeal State’s Medical Cannabis Law
LOS ANGELES-- Newell resident Travis Ismay has launched an ambitious effort to convince voters to repeal South Dakota's medical cannabis law, approved with overwhelming support in 2020. However, Ismay may face an uphill battle, as ...
Oklahoma Supreme Court Hears Arguments on Cannabis Business Fee Increase
LOS ANGELES— The Oklahoma Supreme Court recently heard arguments in a lawsuit filed by a coalition of cannabis companies challenging a large business fee increase that took effect in June. The companies argue that the ...
Minnesota Leads in Low-Dose THC Beverages as Cannabis Market Soars
LOS ANGELES— The unanticipated success of low-dose, hemp-derived THC beverages has made Minnesota the hottest market for such products, not only in the United States but potentially worldwide, surpassing the markets in Canada and Europe. ...
U.S. Department of Veterans Affairs Reaffirms Prohibition on Medical Cannabis Recommendations to Veterans
LOS ANGELES— The U.S. Department of Veterans Affairs (VA) has recently issued an updated directive reiterating its doctors' prohibition from issuing medical cannabis recommendations to military veterans. The revised Veterans Health Administration (VHA) guidance aligns ...
MariMed Inc. Reports Financial Results for Q2 2023
LOS ANGELES-- MariMed Inc., a multi-state operator in the cannabis industry, has unveiled its financial results for the second quarter ending June 30, 2023. Despite facing headwinds in the industry and consumer spending, the company's ...
Colorado Governor Jared Polis Applauds Legalization of Cannabis and Psychedelics
LOS ANGELES--In a recent interview with John Stossel, Colorado Governor Jared Polis expressed his positive views on the state's moves to legalize cannabis and psychedelics, stating that the experience has been "very good." Governor Polis, ...
Pelorus Capital Group Achieves Historic Milestone with First Cannabis-Linked Real Estate Securitization
LOS ANGELES-- In a groundbreaking announcement today, Pelorus Capital Group, a prominent player in the specialty-use cannabis real estate lending market, has successfully priced the first-ever securitization for cannabis-linked real estate. Utilizing commercial mortgage-backed securities ...
Canadian LP. Acquisition of State-of-the-Art Cannabis Cultivation and Processing Facility Announced
LOS ANGELES-- After months of negotiations, a purchase agreement has been signed for the acquisition of a prominent indoor cannabis cultivation and processing facility from a public Canadian LP. The facility is considered one of ...
Illinois Adult-Use Cannabis Sales in June Hit $136 Million, Third Highest on Record
LOS ANGELES-- In June, adult-use cannabis sales in Illinois reached an impressive milestone, totaling $136 million, according to data from the Cannabis Regulation Oversight Officer (CROO). This marked the highest sales total of the year ...
New York Officials Shut Down Unlicensed Cannabis Shops in Western Counties
NEW YORK-- New York state authorities carried out a crackdown on what they deemed as seven unlicensed cannabis dispensaries in the western region on Monday. The establishments, known as the "I'm Stuck" shops, located in ...
Illinois Enacts Law to Support Smooth Reintegration of Formerly Incarcerated Individuals
LOS ANGELES--Illinois has taken a significant step towards facilitating the reintegration of individuals who have been released from prison into society. Senate Bill 423, signed into law by Governor J.B. Pritzker (D) on Friday, aims ...
Arkansas Enacts Law Allowing Medical Cannabis Patients to Obtain Concealed Carry Licenses
LOS ANGELES-- On Tuesday, a new law officially took effect in Arkansas, clarifying that medical cannabis patients in the state can obtain concealed carry licenses for firearms. The bill, signed by Governor Sarah Huckabee Sanders ...
Study Reveals Legal Ambiguities in Hemp Delta-9 THC Products, Calls for Regulatory Revisions
LOS ANGELES-- A recent lab study conducted by cannabis consumer research company CBD Oracle and InfiniteCAL Labs has shed light on the complexities surrounding hemp delta-9 THC products. The study analyzed 53 popular hemp delta-9 ...
Cybin Inc. Announces Pricing of Public Offering to Advance Clinical Programs
LOS ANGELES-- Cybin Inc. a company in the psychedelics industry, revealed the pricing of its overnight marketed public offering, aimed at funding the progression of its clinical programs, including CYB003 and CYB004. The company plans ...
Senator John Hickenlooper Refiles Bill to Lay Groundwork for Federal Cannabis Legalization
WASHINGTON — Senator John Hickenlooper (D-CO) has reintroduced a bill that seeks to pave the way for federal marijuana legalization. Titled the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act, the ...
Massachusetts Cannabis Regulator to Depart; Maryland Governor Appoints Health Experts
LOS ANGELES--Shawn Collins, the executive director of the Massachusetts Cannabis Control Commission, is reportedly set to resign from his position by the end of this year. Although Collins has not yet officially confirmed his departure, ...
Oklahoma Regulators Uncover Thousands of Untagged Cannabis Plants and Arrest Licensee
LOS ANGELES-- Oklahoma's medical cannabis industry faced a significant setback when regulators discovered approximately 4,000 untagged cannabis plants and over 630 pounds of untagged cannabis at a licensed grow facility. The discovery, made during an ...
Filament Health and Jupiter Acquisition Corp. Strike NASDAQ Deal for Psychedelics Advancement
LOS ANGELES-- Canadian clinical-stage natural psychedelics firm Filament Health has taken a significant step forward by signing a definitive agreement with Special Purpose Acquisition Company (SPAC) Jupiter Acquisition Corp. to establish a new public company ...
