Business
Week In Review: Cross-currents in Cannabis and Psychedelics: Legal Momentum, Market Shakeups, and Policy Flashpoints Define the Week
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! CANNABIS INDUSTRY UPDATES 1. Republican Lawmakers Move to Ban Hemp-Derived THC A proposal tucked into ...
Week In Review: Organigram Expands U.S. Market; The Senator Who Legalized Consumable Hemp Now Wants to Ban It; Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Organigram Expands U.S. Market Through Collective Project Direct‑to‑Consumer Launch and THC ...
Week In Review: Cronos Expands Medical Cannabis Presence in Switzerland; Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth; iAnthus Reports Unanimous Approval at Annual General Meeting; Mike Tyson Urges Trump to Act on Cannabis Reform
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Cronos Expands Medical Cannabis Presence in Switzerland: Cronos Group Inc. has ...
Week In Review: LIMS Market Projected to Hit $5.19 Billion by 2030; Verano Debuts Bodega‑Style Dispensary in Arizona; Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)LIMS Market Projected to Hit $5.19 Billion by 2030: The global Laboratory ...
Week In Review: Aurora Cannabis Denies Acquisition of MedLeaf Therapeutics; Canadian Cannabis Producers Expand Exports; Method Man and Zamnesia Partner to Launch Eight TICAL Cannabis Seeds in U.S. and Europe
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)Aurora Cannabis Denies Acquisition of MedLeaf Therapeutics: Aurora Cannabis Inc. publicly refuted ...
DEA Judge Sets Schedule for Cannabis Rescheduling Testimony
WASHINGTON, D.C.–The debate over cannabis' federal classification is set to intensify as the DEA prepares for pivotal hearings on its status under the Controlled Substances Act. DEA Administrative Law Judge John Mulrooney has announced that witness testimony will commence on Tuesday, January 22, 2025. The hearings are scheduled to run every Tuesday, Wednesday, and Thursday ...
Week In Review: North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market; ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market: ...
Week In Review: Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis; Massachusetts House Approves Cannabis Oversight Reform Bill; Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Note; FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis: ...
Week In Review: Rubicon Organics Finalizes Conditions for Hope Facility Acquisition; Cresco Labs Reschedules Q1 2025 Earnings; London Mayor Advocates for Decriminalization of Cannabis Possession; New Zealand Medicinal Cannabis Firms Propose Merger to Form Helius Health
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Rubicon Organics Finalizes Conditions for Hope Facility Acquisition: Rubicon Organics Inc. ...
Week In Review: The Cannabist Company Receives Court Approval for Corporate Restructuring Plan; Texas Republicans Approve Total Ban on Hemp-Derived THC Products; MariMed Reports Q1 2025 Financial Results
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)The Cannabist Company Receives Court Approval for Corporate Restructuring Plan: The Cannabist ...
Week In Review: Canopy Growth Introduces Targeted Product Expansion for Canadian Market; U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)Canopy Growth Introduces Targeted Product Expansion for Canadian Market: Canopy Growth Corporation ...
Week In Review: Boston Beer Company Expands Cannabis Beverage Portfolio; Cronos Group Reports First Quarter 2025; THC Design Repositions for National Expansion
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Boston Beer Company Expands Cannabis Beverage Portfolio: The Boston Beer Company, ...
Week In Review: Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually; LEEF Brands Reports Financial Results; California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually: ...
Week In Review: Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization; Village Farms International Granted 180-Day Extension to Meet NASDAQ; New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization: In a significant ...
Week In Review: Ireland Could Make Great Cannabis Policy; Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry; Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services; Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Ireland Could Make Great Cannabis Policy: Examining the Past to Look ...
Week In Review: Federal Cannabis Trafficking Cases Reach Record Low; Blueberries Medical Corp. Secures C$1.05 Million in Private Placement; Virginia Governor Vetoes Cannabis Retail Market and Assault-Style Weapons Ban
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#) Federal Cannabis Trafficking Cases Reach Record Low: The U.S. Sentencing Commission’s ...
Week In Review: Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue; Netherlands Initiates Regulated Cannabis Sales Trial; Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights 1#)Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue: In 2024, ...
Week In Review: Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions; Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024; South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed ...
Week In Review: States Propose Cannabis Tax Hikes Amid Industry Pushback; British American Tobacco Invests $86.8 Million in Organigram; Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) States Propose Cannabis Tax Hikes Amid Industry Pushback: In Michigan, Governor ...
Week In Review: Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles; Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024; Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles: A ...
Week In Review: Washington State Senate Committee Advances Cannabis Direct Sales Bill; New Hampshire House Approves Limited Cannabis Legalization Bill; Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) Washington State Senate Committee Advances Cannabis Direct Sales Bill: The Washington ...
Week In Review: TILT Holdings Divests Massachusetts Dispensaries for $2 Million; California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase; New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) TILT Holdings Divests Massachusetts Dispensaries for $2 Million: TILT Holdings Inc., ...
Week In Review: New York’s Cannabis Regulatory Body Introduces Banking Directory; Arkansas Senate Advances Bill to Fund Free School Breakfasts Using Medical Cannabis Revenue; Tennessee Lawmakers Introduce Bills to Legalize Recreational and Medical Cannabis
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) New York's Cannabis Regulatory Body Introduces Banking Directory: The New York ...
Week In Review: Hawaii Lawmakers Renew Push to Legalize Adult-Use Cannabis with Constitutional Amendment Proposal; PharmaCann Defaults on Innovative Industrial Properties Leases; Florida’s Cannabis Market Sees Shift as Smaller Operators Capture Market Share
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) Hawaii Lawmakers Renew Push to Legalize Adult-Use Cannabis with Constitutional Amendment ...
Week In Review: Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives; Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales; Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1) Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth ...
