Business

Analysis: A Tale of Two Markets: U.S. Cannabis at a Crossroads as Global Momentum Builds — and Backtracks

LOS ANGELES-The U.S. cannabis industry stands divided. Some state markets are opening and expanding, while others are contracting under the weight of high taxes, regulatory friction, and unrelenting illicit competition. But across all markets, uncertainty is rising — and it’s not just an American story anymore. Globally, cannabis policy is advancing in some countries and ...

July 2nd, 2025|

California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize

LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The increase, part of a 2022 legislative compromise, is being called a potential death blow by operators and advocates who have ...

July 2nd, 2025|

IM Cannabis Proposes $50 Million Mixed Securities Shelf to Bolster Funding

LOS ANGELES- IM Cannabis Corp. a Canada-based medical cannabis provider operating in Israel and Germany, has filed a registration statement for a mixed securities shelf worth up to USD 50 million. The filing, submitted June 26 to the U.S. Securities and Exchange Commission, enables the company to issue common shares, preferred shares, debt securities, warrants, or units as ...

June 30th, 2025|

LIMS Market Projected to Hit $5.19 Billion by 2030

LOS ANGELES- The global Laboratory Information Management System (LIMS) market is forecast to grow from $2.88 billion in 2025 to $5.19 billion by 2030, reflecting a compound annual growth rate of 12.5%, according to a recent analysis by ResearchAndMarkets. The projected expansion is fueled by rising demand for cloud-based solutions, increasing adoption of automation in ...

June 27th, 2025|

Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?

DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned virtually all hemp-derived THC products—including popular variants like Delta-8, Delta-9, and Delta-10. The veto not only exposed a rare public ...

June 25th, 2025|
  • Verano Celebrates Opening of Zen Leaf Dispensary in Arizona

Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois

LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting June 21, thirteen Grow Sciences strains—including Prickly Pear, Florida Jack, and Jelly RTZ—will be available at all ten Zen Leaf dispensaries across the state, with ...

June 25th, 2025|

High-Potency Cannabis Strains Impact Legal and Health Systems

LOS ANGELES— The expansion of high-potency cannabis products—such as concentrated extracts, edibles, and potent vaping liquids is increasingly challenging health-care facilities and legal systems across North America. Emergency departments in the U.S. and Canada report rising visits due to high-THC cannabis use. Symptoms include acute psychosis, severe anxiety, and cannabinoid hyperemesis syndrome (CHS) a debilitating ...

June 24th, 2025|

Method Man and Zamnesia Partner to Launch Eight TICAL Cannabis Seeds in U.S. and Europe

LOS ANGELES- Zamnesia—a European online retailer specializing in cannabis seeds—has partnered with Method Man’s cannabis brand, TICAL, to launch eight exclusive premium seeds across the U.S. and Europe. The collaboration, announced in early June 2025, targets both seasoned home growers and collectors. The seed collection, personally curated and approved by the hip‑hop artist, includes strains ...

June 20th, 2025|
  • Aurora Cannabis

Aurora Cannabis Denies Acquisition of MedLeaf Therapeutics

LOS ANGELES- Aurora Cannabis Inc. publicly refuted recent reports claiming it was acquiring New Zealand–based MedLeaf Therapeutics. In a statement issued on June 18, 2025, the Edmonton-headquartered company confirmed it “has not entered into any such agreement, has had no discussions with MedLeaf Therapeutics with respect to any business combination transaction, and has not made ...

June 20th, 2025|
  • Global Cannabis Testing Market

Israel’s Health Ministry Approves Expansion of Apex Labs’ Phase 2b Psilocybin Trial for PTSD

LOS ANGELES- Apex Labs Ltd. has secured approval from Israel’s Ministry of Health (MoH) and relevant ethics boards to expand its ongoing Phase 2b SUMMIT‑90 clinical trial assessing macrodose psilocybin therapy (APEX‑90) for post-traumatic stress disorder (PTSD). The company will add two new sites: Tel Aviv University’s Institute for Psychedelic Research at the Sagol Brain Institute ...

June 18th, 2025|

Rose Hill Apothecary Completes First Research-Grade Psilocybin Export to Brazil

LOS ANGELES- Rose Hill Apothecary, the research-grade psilocybin arm of Rose Hill Life Sciences, has executed its inaugural international export deal, shipping 18 kilograms of dried psilocybin-containing mushrooms to Biocase Brasil Importação e Comércio de Medicamentos Ltda. The export took place under Brazil’s regulatory framework to support medicinal research initiatives. The shipment marks a significant ...

June 17th, 2025|

U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction

LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among Generation Z. CEO Lawson Whiting emphasized that these are pressing challenges for the category, noting that this trend has persisted ...

June 12th, 2025|

AYR Wellness Secures Temporary Waiver in Financing Deal

LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree not to enforce certain default-related provisions relating to AYR’s delayed filing of interim financial results for Q1 2025 and potential non-payments ...

June 10th, 2025|
  • Village Farms International

Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis

LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the transfer of the majority of its produce assets to Vanguard Food LP, a joint venture with private investment firms including ...

June 6th, 2025|

FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida

LOS ANGELES- FLUENT Corp.a vertically integrated cannabis operator, has initiated cultivation at its new Rosa indoor facility in Tampa, Florida. This development adds 9,200 square feet of high-efficiency indoor canopy to the company's operations, marking a significant step in its 2025 growth strategy. The Rosa facility comprises three sealed indoor grow rooms equipped with advanced ...

June 4th, 2025|
  • Cannabis

Comprehensive Cannabis Pangenome

LOS ANGELES- A collaborative study led by the Salk Institute for Biological Studies has constructed the most comprehensive genetic map of Cannabis sativa to date, analyzing 193 genomes from 144 biological samples. This pangenome reveals extensive genetic diversity, offering insights into cannabinoid biosynthesis, plant resilience, and potential for crop improvement. Key Findings: Genetic Diversity: The ...

June 3rd, 2025|

AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review

LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ongoing negotiations with creditors and a comprehensive strategic review as primary reasons for the postponement. The delay is attributed to ...

June 2nd, 2025|

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 value chain of prescribing, manufacturing, and dispensing medicinal cannabis products. The merger is subject to shareholder approval, with finalization anticipated ...

May 29th, 2025|

MediPharm Labs Initiates EU and UK Production of Cannabis Metered Dose Inhalers

LOS ANGELES- MediPharm Labs Corp. has commenced production of its cannabis metered dose inhalers for the European Union and United Kingdom markets. This initiative is part of an exclusive sales and distribution agreement with Blackpoint Limited, targeting the €834 million European medicinal cannabis market projected for 2024 . The inhalers are manufactured under Good Manufacturing ...

May 28th, 2025|

Rubicon Organics Finalizes Conditions for Hope Facility Acquisition

LOS ANGELES- Rubicon Organics Inc. has announced the fulfillment of all conditions precedent related to its agreement with MediPharm Labs Inc. for the acquisition of a 47,500-square-foot indoor cultivation facility located in Hope, British Columbia. The transaction, valued at $4.5 million in cash, is anticipated to close in the second quarter of 2025. The facility, ...

May 27th, 2025|
  • United States Cannabinoids Market Analysis

Curaleaf and Jupiter Research Obtain EU Certification for Medical Cannabis Inhalation Device

LOS ANGELES- Curaleaf International, in collaboration with Jupiter Research LLC, a subsidiary of TILT Holdings Inc., has secured European Union (EU) medical device certification for a handheld liquid inhalation device designed for precise medical cannabis administration. The device is now certified as a Class IIa medical device under EU Regulation 2017/745, meeting stringent European regulatory ...

May 27th, 2025|

Texas Republicans Approve Total Ban on Hemp-Derived THC Products

DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount of THC—including widely available Delta-8 and Delta-10 products. The legislation, passed late Wednesday night, follows intense pressure from Republican Lt. ...

May 22nd, 2025|

Analysis: Germany Legalized Cannabis. Now the Real Work Begins.

BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a federal system—where state-level bureaucracy, financial barriers, and uneven infrastructure continue to shape the business environment. As we move into the ...

May 22nd, 2025|
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