Consumer Research
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use ...
Ireland Could Make Great Cannabis Policy: Examining the Past to Look Forward
LOS ANGELES - Access to safe and controlled cannabis for ...
Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is progressing ...
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% ...
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 ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
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 ...
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 ...
Dutchie Founders Ross & Zach Lipson Leave Dutchie
BEND, Oregon–According to a press release, Ross and Zach Lipson, who co-founded the privately held Oregon company, have resigned from their positions of leadership, and the board of directors has selected a new chief executive ...
Medical Cannabis Market Size to Hit USD 33,210.21 Million by 2027 at 18.14% CAGR
New York - Medical Cannabis Market Trends and Insights By Product Type (Solid, Dissolvable/Powders, Oil & Ointment, Creams), Derivative (Cannabidiol, Tetrahydrocannabinol), Route of Administration (Inhalation, Oral, Topical), Application (Pain Management, Neurological Health Management, Mental Health ...
Innovation and technology, pillars of success for PuraVerde Cannabis
What are some of the factors that can help predict if a cannabis company will be successful long term? This is a very hard question to answer nowadays, considering that the US is heading to ...
Akerna Flash Report: Halloween Weekend Cannabis Sales Total $249.6 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, announced that US cannabis shoppers spent a ...
NIHC Urges FDA To Approve Hemp Seed for Animal Feed
WASHINGTON, Nov, 2022 The National Industrial Hemp Council of America (NIHC) President and CEO Patrick Atagi sent a letter today to U.S. Food and Drug Administration Commissioner Robert Califf urging approval of hemp seed as an animal feed ingredient. The letter ...
Industry Disruption One Lipid At A Time? Meet Impact Naturals
It doesn't come very often the opportunity to completely revolutionize and disrupt not one, not two, but at least three industries at the same time, with a simple yet efficacious technology developed by an A ...
Global Cannabis Market Size Expected To Reach $489 Billion By 2027 At A CAGR Of 24.6%
PALM BEACH, Fla. - The legal cannabis business is expected to generate billions of dollars as Investor confidence has grown as more countries legalize cannabis and use rises. According to Emergen Research, a recent study, ...
Seizures of Contraband and Unauthorized Items at the Regional Reception Centre
SAINTE-ANNE-DES-PLAINES, QC - Between October 28 and 30, 2022, as a result of the vigilance of staff members, contraband and unauthorized items were seized at the Regional Reception Centre, a multi-level security federal institution. The ...
Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada
DENVER and LEAMINGTON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in cannabidiol hemp extract wellness products, and Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), Canadian cannabis consumer packaged goods company, ...
PuraVerde: Maximizing efficiency in Cannabis
For anyone in cannabis, it is very well known that this is one of the most volatile, rapidly evolving industries in America, particularly for investors and operators. The regulatory landscape and the fact that ...
SAFE Banking Act Could Transform the Cannabis Industry as Demand Continues to Climb
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The remaining months of the lame-duck Congress could be shaping up to be the most wonderful time of the year for the U.S. marijuana industry, although insiders ...
Wonderland: Psychedelic conferences. Presented by Microdose
The psychedelic industry is heating up. Studies on the efficacy of compounds like psilocybin, DMT, and ketamine on a variety of illnesses and chronic mental health conditions continue to ramp up. Start-ups and established biomedical ...
Gage Cannabis Announces Fourth Social Equity Grant Recipient
DETROIT - Gage Cannabis, a subsidiary of TerrAscend Corp. and a high-quality cannabis brand and operator in Michigan, today announced its fourth social equity grant recipient, Midwest CannaNurses. MCN is a Detroit-based minority-owned holistic health ...
Can we use CBD to treat ASD symptoms?
It is known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, ...
Does The Employee Retention Tax Credit Enable Cannabis Companies to Receive Tax Relief?
SAN DIEGO– Cannabis companies were deemed ‘’essential services’’ in the COVID-19 pandemic. But that didn't translate into access to the wealth of government grants that were made available to non-cannabis companies. Restrictions imposed by Section ...
The Parent Company Provides Strategic Corporate Update
SAN JOSE, Calif. - TPCO Holding Corp. or The Parent Company (NEO: GRAM) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced that it has elected to outsource certain aspects of its cultivation and manufacturing ...
Emerald Cup Interviews: Derek Dauchan: Ambassador: Urbana
In this exclusive interview, sponsored by Urbana and brought to you by Highly Capitalized Network, we talk with Derek Dauchan, Ambassador at Urbana, live from the 20th anniversary of The Emerald Cup ...
Emerald Cup Interviews: Trip Mekki: Retail Manager, Urbana
In this exclusive interview, sponsored by Urbana and brought to you by Highly Capitalized Network, we talk with Trip Mekki, Retail Manager at Urbana, live from the 20th anniversary of The Emerald ...