Consumer Research
Silo Pharma’s SP-26 Ketamine Implant Meets All Endpoints in Preclinical Fibromyalgia Study
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, announced ...
Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is progressing ...
Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services
LOS ANGELES- Safe Harbor Financial, a fintech company specializing in ...
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
Illinois Cannabis Sales Surpass $2 Billion in 2024
LOS ANGELES- In 2024, Illinois' legal cannabis market achieved sales exceeding $2 billion, marking a 2.5% increase from the previous year. This total comprises approximately $1.722 billion in adult-use cannabis sales and over $285 million ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
How Cannabis Companies Can Raise Capital in a Challenging Environment
NEW YORK-The cannabis industry has seen impressive growth over the last decade, but the landscape has become more challenging as businesses face regulatory hurdles, tax burdens, and market saturation. Despite these obstacles, cannabis companies can ...
Canopy Growth Finalizes Acquisition of Acreage Holdings
LOS ANGELES- Canopy Growth Corporation, a Canadian cannabis company, has completed its acquisition of Acreage Holdings through its U.S. subsidiary, Canopy USA, LLC. This transaction grants Canopy USA full ownership of Acreage Holdings, a multi-state ...
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
Tennessee Lawmakers Introduce Bills to Legalize Recreational and Medical Cannabis
LOS ANGELES- Tennessee legislators have introduced two separate bills aimed at legalizing both recreational and medical cannabis use within the state. Recreational Use Legislation: Senate Bill 0809, known as the Tennessee Cannabis Act, was introduced ...
Awakn Life Sciences Advances Therapeutics for Substance Use and Mental Health Disorders
LOS ANGELES- Awakn Life Sciences Corp. a biotechnology company, has reported progress in its research and development programs targeting Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD). AWKN-001: This investigational therapy combines intravenous ketamine ...
Cannabis Brands Leverage for Marketing Amid Advertising Restrictions
LOS ANGELES- The Super Bowl presents a significant opportunity for cannabis businesses to enhance brand and product awareness, despite existing advertising limitations. While traditional advertising channels during the Super Bowl remain inaccessible to cannabis companies ...
Charlotte’s Web Announces US$56.8 Million Investment from BAT
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. announced a US$56.8 million investment from a subsidiary of BAT (LSE: BATS) and (NYSE: BTI), which provides the Company with incremental capital to fund growth ...
Curaleaf Unveils Strategic National Rebrand for Grassroots
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, today announced the national rebrand of its Grassroots premium cannabis flower brand, and shared details on the brand's ...
Jushi Holdings Inc. Reports Preliminary Third Quarter 2022 Financial Results
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), announced certain preliminary financial results for the quarter that ended September 30, 2022. The Company also announced that it is in the process of ...
Verano Announces Third Quarter 2022 Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its financial results for the third quarter that ended September 30, 2022, which were prepared in accordance with U.S. Generally Accepted ...
Global CBD Ingredients Market Analysis Report 2022-2030
DUBLIN - The study includes analysis and discussion of growth drivers and restraints, challenges and trends, market sizing and forecasts, supply chain, regulatory environment, competitive environment, and regional dynamics. It concludes with a discussion of ...
$3.6 Billion Worldwide Cannabidiol Oil Market to 2027
Dublin - The Global Cannabidiol Oil Market is estimated to be USD 1.09 Bn in 2022 and is expected to reach USD 3.64 Bn by 2027, growing at a CAGR of 27.28% Market Dynamics Market ...
Colorado Leads The Way To Legalizing Psychedelic Medicine
DENVER –In this week's midterm elections, the Mile High State of Colorado appears to be on track to legalize magic mushrooms after the group opposing the ballot question conceded defeat. Though the result was still ...
Cannabis Extract Market to Hit $15.5 Billion by 2030
SAN FRANCISCO - The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. According to a new report by Grand View Research, Inc, it is expected to expand at a ...
4Front Ventures Diversifies Brand and Product Portfolio in California
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), announced that it has expanded its offerings in California with the addition of the Bloom Farms and Bloom Farms Wellness brands to its portfolio following the ...
Legal Marijuana Market Growth US$ 148070 Million by 2028
Pune - Legal Marijuana market report shares valuable information about global development status, opportunities, and challenges in near future, as past data analyzed by industry experts which is helpful for you to take needful discussions. ...
Cannabis Testing Market Size to Grow Nearly 3 Bn by 2028 with a CAGR of 10.1%
New York - According to The Insight Partners new research study titled "Cannabis Testing Market Size, Share, Growth and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Type, End User, Portability, ...
Portuguese Health Authority Grants Clever Leaves EU-GMP Certification for Post-Harvest Cannabis Flower
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its facility in Portugal has been granted EU-GMP certification by the Portuguese Health ...
Texas Cities Vote To Stop Punishment for Cannabis Possession
DALLAS– Five Texas communities had their municipal ballot measures approved by voters, ending local enforcement of minor cannabis infractions. The propositions were approved by voters in the cities of Denton, Killeen, San Marcos, Elgin, and ...
Maryland Becomes 20th State to Legalize Cannabis for Adult Use
ANNAPOLIS–Maryland voters overwhelmingly approved a referendum (Question 4) directing state lawmakers to establish rules and regulations governing the production and sale of cannabis to adults. “Maryland voters have overwhelmingly rejected the failed policy of prohibition ...
Study: Cannabis Use Inversely Associated with Hypertension in HCV Patients
MARSEILLE, FRANCE–According to studies reported in the Journal of Clinical Medicine, HCV (Hepatitis C virus)-infected people who use cannabis are less likely than non-users to experience hypertension or other metabolic abnormalities. In a cohort of ...
Study: Inhaled Cannabis “Safe and Effective” for Treating Chronic Low Back Pain
HAIFA, ISRAEL– According to observational trial data published in the Israeli journal Rambam Maimonides, inhaling cannabis flower with a high THC content safely reduces symptoms of chronic lower back pain in a way that is ...
Analysis: Consumers’ Cannabis Purchasing Patterns Are Determined By Price, Ease of Access
TORONTO –According to statistics published in the Journal of Studies on Alcohol and Drugs, consumers' choices regarding whether to buy cannabis products from the legal market or the unregulated market are most driven by price ...
Study: Adult-Use Legalization Doesn’t Influence Children’s Attitudes Toward Cannabis
BOSTON– According to studies reported in the journal Cannabis and Cannabinoid Research, the adoption of state-level laws legalizing cannabis for adults had little impact on early adolescents' opinions toward its possible hazards. Over a three-year ...
CBD Gummies Market Size is Positioned to be worth US$ 7.27 Bn 2022-32
DUBAI, United Arab Emirates - The global CBD gummies market is set to witness an impressive growth rate of 29% over the projected years of 2022 to 2032. The CBD gummies market size is anticipated ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and ...
The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market ...
Global Cannabis Market Report 2022 to 2027
Dublin - The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market Dynamics Market dynamics ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of ...
Powering Possibilities With Sean ‘Diddy’ Combs
CALGARY, AB, Nov. 2022. Sean "Diddy" Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This ...
