Consumer Research
BREAKING: DOJ Signs Cannabis into Schedule III
WASHINGTON – Today, the federal government took its most consequential ...
Canopy Growth Completes Acquisition of MTL Cannabis
SMITHS FALLS – Canopy Growth Corp. has finalized the purchase ...
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 ...
Planet 13 Reports Q3 2025 Financial Results
LAS VEGAS – Planet 13 Holdings Inc., a multistate Cannabis operator with flagship operations in Nevada and Florida, disclosed a $44 million net loss for the third quarter, reflecting the toll of compressed prices, softening ...
Glass House Brands Reports Q3 2025 Financial Results
LONG BEACH – Glass House Brands Inc. disclosed third-quarter 2025 earnings that showed a marked slowdown in sales and profitability, chalked up to deliberate shifts in its labor strategy. The company posted revenue of $38.4 ...
ANTG Inks Deal with Curaleaf to Supply Medical Cannabis for UK Patients
LONDON – Australian Natural Therapeutics Group, a leading cultivator of pharmaceutical-grade Cannabis, has reached an agreement with Curaleaf Laboratories to bring its products to British patients, marking a cross-continental push into Europe's second-largest medical Cannabis ...
Trump Signs Funding Measure Ending Historic 43-Day Government Shutdown, Bans Hemp-Derived THC Products
WASHINGTON – President Donald Trump signed a bipartisan spending package that reopens the federal government after a 43-day impasse, marking the longest such closure in American history. Tucked into the legislation, however, are new limits ...
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its revolving credit facility that lifts the available funds to $100 million and stretches the repayment deadline. The change adds $25 million to the prior $75 ...
Circle K Tests Hemp THC Waters in Texas
DALLAS – Circle K has begun stocking shelves with hemp-derived THC beverages at select Texas stores, marking the c-store chain's first foray into the state's market for intoxicating hemp products. The rollout, in partnership with ...
Is the Movement to Repeal Adult-Use Cannabis in Three States a Real Threat to Their Budgets?
NEW YORK – In a development that has raised eyebrows among industry watchers, advocacy groups in Massachusetts, Maine, and Arizona are pushing ballot measures to dismantle key elements of adult-use Cannabis programs, even as these ...
Medical Cannabis Offers Significant Relief for Neuropathic Pain, German Study Suggests
LOS ANGELES — Chronic neuropathic pain sufferers might find a beacon of hope in the medicinal properties of cannabis. A recent study out of Hamburg, Germany, indicates that cannabis inhalation can lead to notable improvements ...
Georgia Approves Three More Dispensaries for Medical Cannabis Program
ATLANTA — Georgia's Access to Medical Cannabis Commission (GMCC) has given the nod to three additional dispensary locations, augmenting the availability of low-THC oil products for patients across the state. During the public meeting on ...
Alabama Medical Cannabis Commission Faces Licensing Delays Amid Legal Complications
LOS ANGELES-- The Alabama Medical Cannabis Commission (AMCC) hit another roadblock in its licensing process as it announced an administrative stay on Thursday, according to AL.com. This suspension follows two unsuccessful attempts by the AMCC ...
Cannabis Insurance Firm Gains Momentum with $3.1M Seed Funding amid Regulatory Optimism
LOS ANGELES-- Connecticut-based Frontier Risk Group, an insurance firm specializing in the cannabis sector, recently secured a notable $3.1 million in seed funding, drawing significant attention from industry stakeholders. This substantial financial boost, facilitated by ...
Oklahoma Bureau of Narcotics Targets Illicit Cannabis Farms to Protect Legitimate Medical Businesses
LOS ANGELES — Over the past two years, the Oklahoma Bureau of Narcotics (OBN) has initiated aggressive enforcement actions, resulting in the shutdown of over 800 illegitimate cannabis farms that were operating under the pretense ...
Florida Governor Ron DeSantis Shares Views on Cannabis Legalization Amid Presidential Aspirations
LOS ANGELES— Florida Governor Ron DeSantis, perceived by many as a strong GOP contender against Donald Trump for the 2024 presidential nomination, voiced strong concerns about the legalization of cannabis during an Iowa campaign stop ...
UK’s Home Office Delay in CBD Regulatory Framework Draws Criticism from Industry Trade Group
LONDON — The Association of the Cannabinoid Industry (ACI), a key trade group in the United Kingdom, has voiced its concerns over the prolonged delay by the country's Home Office in establishing a clear regulatory ...
Detroit Businessman Pleads Guilty in Cannabis Licensing Bribery Case
DETROIT — John Dawood Dalaly, a prominent businessman from the Detroit area, has pleaded guilty to bribing a leading state cannabis regulator, seeking approval for dispensary licenses. Federal prosecutors have recommended that Dalaly face a ...
New York’s Cannabis Licensing Controversy: A Deeper Look
NEW YORK-- In a surprise turn of events, New York's journey to cannabis legalization faced a significant speed bump. A recent decision by a New York Supreme Court Judge has thrown the state's budding cannabis ...
Major Shift in U.S. Cannabis Policy on the Horizon
LOS ANGELES-- On Monday, the U.S. Department of Health and Human Services under the Joe Biden administration formally recommended to its counterparts at the Department of Justice that cannabis be moved lower on the list ...
The Bahamas Moves to Establish Medical Cannabis Industry
LOS ANGELES— In a pivotal stride toward diversifying its economy, The Bahamas has rolled out a comprehensive package of 11 legislative bills, aiming to decriminalize cannabis for medical, research, and religious uses. This move establishes ...
The Promise and Potential of Psilocybin
LOS ANGELES-- The rapid emergence of research into the potential therapeutic benefits of psilocybin, a naturally occurring psychedelic compound found in certain mushrooms, has brought with it new hope for individuals struggling with various mental ...
U.S. Health Department Urges Easing Rules on Cannabis, Citing Health Benefits
WASHINGTON, D.C. –In a recent development, the U.S. Department of Health and Human Services (HHS) has proposed a relaxation of regulations surrounding cannabis, according to a report from Bloomberg News. The move comes as part ...
Nebraska Governor Rejects Proposed Changes to Law Enforcement’s Cannabis Usage Rules
LOS ANGELES— A proposal aimed at reducing the time frame that law enforcement officer recruits in Nebraska must abstain from cannabis use prior to training has been vetoed by Governor Jim Pillen. The measure sought ...
Cybin Acquires U.K.-Based Small Pharma Amid Emerging Trends in Psychedelics Industry
NEW YORK — In what could be described as the burgeoning movements within the psychedelics sector, Cybin , a clinical-stage biopharmaceutical firm, has announced its intention to acquire U.K.'s Small Pharma. This move sparks dialogue ...
Irwin Naturals Posts Loss Amid New Ventures in Psychedelics and Cannabis
LOS ANGELES-- Despite its bold moves and positive undertones about future prospects, Irwin Naturals' shift towards psychedelics and its increased commitment to the cannabis sector isn't devoid of challenges. Regulatory uncertainty, intense competition, and a ...
Planet 13’s Strategic Move: Acquires VidaCann to Boost its Footprint in Florida
LAS VEGAS, NV — In a strategic move to bolster its presence in the booming Florida cannabis market, multi-state vertically integrated cannabis company, Planet 13 Holdings Inc., announced a membership interest purchase agreement to take ...
PharmaCielo Ltd. Reports Q2 2023 Financial Results
TORONTO — PharmaCielo Ltd., a figure in the cannabis industry based out of Canada and holding substantial operations in Colombia via PharmaCielo Colombia Holdings S.A.S., revealed its financial results for the quarter concluding on June ...
Canadian Cannabis Companies Rethink U.S. Hemp Market Strategy
NEW YORK-- Canadian cannabis titans have long eyed the American hemp-derived CBD market as a golden opportunity, particularly following the legalization of low-THC hemp in the 2018 U.S. Farm Bill. But as enthusiasm for cannabis ...
Cannabis Infused Products Boost Minnesota’s Tax Revenue
LOS ANGELES-- The state of Minnesota has experienced a significant increase in tax revenue following the legalization of cannabis-infused products such as gummies and beverages. A recent report from the state Department of Revenue, as ...
Evolving Cannabis Retail Landscape Sees Shifts in Billion-Dollar State Markets
LOS ANGELES — The U.S. cannabis industry, still in its nascent stages, witnessed notable shifts in 2023 with a projected reduction in states reaching the billion-dollar mark in retail sales, according to a comprehensive report ...
Michigan’s Cannabis Industry Sees Robust Growth, Generating Billions in Sales
LOS ANGELES-- In a remarkable testament to the growth potential of regulated markets, Michigan's cannabis industry has burgeoned into a financial powerhouse, with sales reaching multi-billion dollar figures. Recent data sheds light on a sector ...
Planet 13 Holdings Announce Florida Expansion Plans with $50 Million Acquisition of VidaCann
Planet 13 Holdings, based in Las Vegas, has unveiled a substantial $48.9 million agreement to acquire the comprehensive cannabis enterprise of VidaCann, a Florida-based company. This acquisition encompasses a network of 26 medical cannabis dispensaries, ...
Missouri Adjusts Cannabis Regulations for Foster Parents
LOS ANGELES-- In a significant policy move, Missouri's Department of Social Services has allowed foster parents in the state to legally possess and cultivate cannabis. The emergency rule, put in place last week, aligns the ...
Declining Prices Boost Cannabis Sales in British Columbia
LOS ANGELES — As cannabis prices in British Columbia continue their descent, the province is experiencing a boom in sales, according to the latest wholesale quarterly report covering April to June 2023. Released data offers ...
