Consumer Research
Industrial Hemp Market to Exceed $7B by 2031, Driven by Construction and Wellness
LOS ANGELES – The global industrial hemp market is on ...
How the Irish Helped Shape — and Continue to Shape — the Modern Cannabis Industry
LOS ANGELES -For a small island, the Irish have a ...
Women’s History Month: Supporting the Woman Who Supported Me
By Guy Rocourt. LOS ANGELES-March is Women’s History Month, and ...
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 ...
Indiana Residents Voice Strong Support for Medical and Recreational Cannabis Legalization
INDIANAPOLIS – A recent survey of Hoosier voters indicates broad agreement on expanding access to Cannabis, with 84% in favor of medical use and 59% supporting recreational legalization. The findings, drawn from the 2025 Hoosier ...
Bipartisan Bill Aims to Push Back Hemp Ban for Two Years
WASHINGTON – A group of lawmakers from both parties filed legislation seeking to push back a forthcoming federal prohibition on certain hemp-derived products until late 2028, offering the industry a brief reprieve to adjust operations. ...
Cronos Group Reports Q3 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian Cannabis producer with a growing international footprint, reported third-quarter results that marked new highs for revenue, profitability, and cash reserves, even as domestic challenges in Canada tempered some ...
Aurora Cannabis Reports Q2 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. posted a solid second quarter for its fiscal 2026, with total net revenue climbing 11% to CA$90.4 million, driven by a surge in international medical Cannabis sales that highlighted the ...
Cresco Labs Reports Q3 2025 Financial Results
CHICAGO – Cresco Labs, a major player in branded Cannabis products and the Sunnyside retail chain, announced third-quarter results showing revenue of $165 million for the period ended September 30. The figure marked a modest ...
Planet 13 Exits California, Focusing on Nevada and Florida
LAS VEGAS – Planet 13 Holdings Inc., the vertically integrated Cannabis operator known for its expansive Las Vegas flagship, disclosed plans this week to sell off its sole California retail outlet and shutter its cultivation ...
Curaleaf Observes Delaware Base to Tighten U.S. Footprint
DOVER – Curaleaf Holdings Inc. has filed for shareholder approval to relocate its corporate domicile from British Columbia, Canada, to Delaware, a change designed to match its heavy concentration of business in the American market. ...
Tilray Brands Reports Q2 Fiscal 2026 Financial Results
NEW YORK – Tilray Brands Inc. posted net revenue of $217.5 million for its fiscal second quarter ended November 30, 2025, marking the company's highest quarterly figure to date and edging up 3% from $211 ...
Helus Pharma Rings Nasdaq Bell Post-Cybin Rebrand
TORONTO – Helus Pharma Inc., rebranded from Cybin Inc., opened trading on the Nasdaq Global Market under the ticker symbol $HELP, marking a shift from the NYSE American where it previously traded as $CYBN. The ...
Glass House Brands Reports Record Second Quarter 2023 Financial Results
LOS ANGELES-- Glass House Brands Inc., a vertically integrated cannabis companies in the U.S., reported its financial results for Q2 2023, ending June 30. The figures reveal a record-breaking quarter for the company, with revenue ...
Michigan Poised to Become a $3 Billion Cannabis Market; July Sales Record Set
LOS ANGELES —Michigan's cannabis market is booming, on pace to reach a significant milestone this year, potentially becoming the nation's second $3-billion market. Licensed dispensaries reported record sales of $276.7 million in July 2023, with ...
Alabama Medical Cannabis Commission Revamps Licensing, Leaving Verano Holdings Out
LOS ANGELES-- The Alabama Medical Cannabis Commission has overhauled its initial round of business licensing, with some of the original winners, including Verano Holdings Inc., ending up on the losing side. The reshuffling has led ...
Mind Medicine Partners with Catalent for Innovative Psychedelic-Based Anxiety Treatment
NEW YORK — Mind Medicine Inc., known as MindMed, has secured a licensing agreement with Catalent to utilize its proprietary Zydis orally disintegrating tablet (ODT) technology for the development of a groundbreaking psychedelic-based anxiety treatment, ...
New Hampshire to Explore State-Run Cannabis Sales Through Newly Signed Bill
LOS ANGELES- Governor Chris Sununu (R) of New Hampshire, a known opponent of adult-use cannabis legalization, signed a bill on Tuesday to create a commission to study the possibility of selling cannabis through state-owned shops. ...
Cronos Group Reports Q2 2023 Financial Results, Announces Strategic Shift Amid Market Challenges
NEW YORK — Cronos Group Inc. released its financial results for the second quarter of 2023, revealing a net revenue of $19.0 million, an 11.9% decrease from the same period in 2022. The decline has ...
Cannabis Tech Platform Weedmaps Posts $2 Million Profit
LOS ANGELES–Amid a challenging period, WM Technology, known as the cannabis advertising powerhouse Weedmaps, has revealed an encouraging financial turnaround through its latest quarterly profit report. For the quarter ending on June 30, WM Technology ...
Cannabis Industry’s Branding Challenge: Beyond Packaging and Social Media
LOS ANGELES–Amid the flourishing cannabis industry, branding efforts often focus on packaging and social media, missing out on essential elements. Experts suggest that cannabis marketing needs to evolve beyond these basics to truly succeed. Cannabis ...
Germany’s Cannabis Legalization: The Debate Over Edibles and Public Health
BERLIN-- Germany is currently embarking on a significant journey toward cannabis legalization, with ministers unveiling a national cannabis reform strategy. The plan involves legalizing personal freedoms like possession and cultivation, as well as noncommercial cannabis ...
Alabama Medical Cannabis Commission to Reevaluate Licensing Process Amidst Lawsuits
LOS ANGELES— In a move that could reshape the landscape of Alabama's burgeoning cannabis industry, the Alabama Medical Cannabis Commission (AMCC) indicated in a Monday court filing its intention to nullify the licenses it awarded ...
U.S. Inflation Rebounds Slightly in July, Easing Rate Hike Concerns
LOS ANGELES-- The annual increase in the Consumer Price Index (CPI) saw a mild uptick in July 2023, marking the first rebound after 12 consecutive months of declines from over four-decade highs of 9.1% in ...
Support for Cannabis Legalization in Pennsylvania Shows Decline; New Legislation Still on the Table
LOS ANGELES-- In a surprising turn of events, support for cannabis legalization in Pennsylvania has seen a decline for the first time in a decade. The 2023 Pennsylvania Health Survey, conducted by Muhlenberg College Public ...
Montana Cannabis Ownership Law Faces Legal Challenge over Residency Requirements
LOS ANGELES-- A father-and-son investor duo are the latest to challenge state residency requirements for cannabis business ownership, a contentious issue facing multiple states. Two out-of-state investors, Tom and Jerry Reed, have filed lawsuits in ...
American Psychedelic Practitioners Association and BrainFutures Publish First-Ever Guidelines for Psychedelic-Assisted Therapy
LOS ANGELES-- The American Psychedelic Practitioners Association (APPA) in collaboration with BrainFutures has published reportedly the first set of professional practice guidelines for psychedelic-assisted therapy in the United States. These guidelines come as the FDA's ...
Curaleaf Holdings Inc. Reports 4% Year-Over-Year Revenue Growth in Q2 2023, Continues Strategic Expansion
LOS ANGELES-- Curaleaf Holdings Inc., a cannabis consumer products, reported its financial results for the second quarter ended June 30, 2023, reflecting modest growth in revenue but also an increased net loss compared to the ...
Arkansas Hemp-Derived THC Ban Faces Legal Challenges
LOS ANGELES- Several Arkansas businesses have initiated a legal battle against the state's recent ban on hemp-derived THC products, which took effect on August 1. The plaintiffs, including four local companies, assert that the prohibition ...
Trulieve Reports Expanded Q2 Deficit, Cites Unfavorable Weather Impacting Ongoing Quarter Performance
MIAMI—Trulieve Cannabis (TRUL.CD), a significant player in the cannabis industry, recently announced a larger financial loss for the second quarter. This loss has been attributed to a combination of unusual weather patterns and a drop ...
Los Angeles Cannabis Regulatory Agency Faces Leadership Shake-Up Amid Market Challenges
LOS ANGELES-- Los Angeles Mayor Karen Bass is instigating a shake-up in leadership across various city agencies, including a significant management overhaul at the city's Department of Cannabis Regulation (DCR). This change comes at a ...
California’s Popular Beard Bros Pharms Brand Expands To East Coast
BLACKSTONE, MA – Beard Bros Pharms, a legacy cannabis brand founded by self-made entrepreneurs Bill and Jeff Levers, has partnered with Ideal Craft Cannabis to bring their full-spectrum Rick Simpson Oil (RSO) to Massachusetts. This is the ...
Tilray Brands Acquires Eight Beverage Brands from Anheuser-Busch in $85 Million Deal
LOS ANGELES-- Canadian cannabis producer Tilray Brands has announced an $85 million all-cash acquisition of eight beverage brands from Anheuser-Busch, including well-known breweries such as Breckenridge and Shock Top. The deal, expected to close by ...
New Study Explores the Role of Cannabis in Exercise Recovery
LOS ANGELES-- A recent survey in Cannabis and Cannabinoid Research. reveals that a significant number of individuals are using CBD and THC as part of their recuperation routine following aerobic and resistance workouts, though scientific ...
Canadian Cannabis Wholesaler Urges Government to Reconsider THC Limits and Environmental Impact
TORONTO — The Ontario Cannabis Store (OCS), Canada's largest adult-use wholesaler, has issued a position paper to Health Canada, urging the agency to reconsider the current THC limit governing cannabis edibles and to address the ...
Former Adelanto Mayor Sentenced to 14 Months in Prison Over Bribes from Cannabis Interests
LOS ANGELES-- Adelanto, California's former mayor, Richard Kerr, 66, was sentenced to 14 months in federal prison on Friday for accepting over $57,000 in bribes and kickbacks in exchange for approving ordinances and permits for ...
Headspace Secures $105 Million in Funding for Expansion
TORONTO–Digital healthcare company Headspace, known for its innovative mental health solutions, has secured a $105 million senior debt facility from Oxford Finance, a specialty finance firm serving healthcare and life sciences companies. This investment will ...
German Cabinet Expected to Approve Cannabis Legalization Plan Next Week
BERLIN --Germany's federal cabinet is anticipated to approve the first part of the government's cannabis legalization plan next week, according to Health Minister Karl Lauterbach. In an interview with Rheinische Post, Lauterbach stressed that the ...
