Consumer Research
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of ...
Trulieve Reports Q3 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. disclosed third-quarter results showing revenue ...
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
Ibogaine Gains Spotlight as Former House Speaker Calls for Wider Access
WASHINGTON, D.C. – Newt Gingrich, a Former House Speaker, has drawn attention to ibogaine, a psychedelic compound derived from the African iboga shrub, calling it a potential game-changer for treating addiction, post-traumatic stress disorder (PTSD), ...
DaySavers Introduces ‘Higher Potential’ Scholarship with Over $25,000 in Cannabis Education Awards
LOS ANGELES- DaySavers, the pre‑roll accessories brand under Custom Cones USA, has launched its inaugural Higher Potential Cannabis Education Scholarship—a collective effort backed by industry partners, offering more than $25,000 in financial support for current ...
California Farmworker Dies Following Greenhouse Fall During Chaotic ICE Raid
LOS ANGELES- A 57‑year‑old farmworker, identified as Jaime Alanis Garcia, has died from injuries sustained after falling approximately 30 feet from a greenhouse roof during a July 10 ICE-led raid at a Glass House Farms ...
Verano Elevates James Leventis to Chief Strategy & Compliance Officer
LOS ANGELES- Verano Holdings Corp. Announced the promotion of James Leventis to Chief Strategy and Compliance Officer. Leventis, a licensed attorney with nearly 15 years of experience across the healthcare, pharmaceutical, consulting, and cannabis sectors, has ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
Financial Analysis Estimates North Carolina Could Generate $65 Million Annually from Proposed Medical Cannabis Market
LOS ANGELES-- A financial analysis conducted by HedgeRow Analysis reveals that if Senate Bill 3, also known as the North Carolina Compassionate Care Act, is approved, the state could generate nearly $65 million in annual ...
New Hampshire: Senate Republicans Once Again Reject House-Backed Legalization Bill
CONCORD, NH - In a recent decision, New Hampshire Senators thwarted a House-backed initiative that aimed to legalize the use and sale of cannabis for adults. With a vote of 14 to 10, the Senators ...
California Cannabis Tax Revenue Drops, Signaling Industry Challenges and Urgency for Tax Reduction
SAN JOSE, California–In a concerning trend for the cannabis industry in California, tax revenue generated from the sector has declined significantly in the first quarter of 2023, raising alarms about the industry's viability and the ...
SEC Halts $60 Million Alleged Ponzi-Like Scheme Linked to Non-Existent Cannabis Farm
LOS ANGELES--In a stunning revelation this week, the U.S. Securities and Exchange Commission (SEC) announced the shutdown of a long-running alleged Ponzi-like scheme in the cannabis industry, involving a company named WeedGenics and its owners. ...
Analysis: Canopy Growth Sets Sights on Expanding Canopy USA Amidst Canadian Market Concerns
NEW YORK- Canopy Growth Corporation ($CGC), a leading Canadian cannabis producer, has set its sights on the lucrative United States market. With the recent legalization and growing acceptance of cannabis across several states, the company's ...
TerrAscend Completes Sale of Mississauga Facility for CAD$19.7 Million, Further Reduces Debt
LOS ANGELES-- TerrAscend Corp. A cannabis operator in North America, has announced the successful completion of the sale of its facility located in Mississauga, Canada, for CAD$19.7 million. The company plans to utilize the net ...
MindMed’s Phase Study for Generalized Anxiety Disorder Enrolls +50% of Participants
LOS ANGELES-- Mind Medicine (MindMed), a clinical-stage biopharmaceutical company focused on developing treatments for brain health disorders, provided an update on its Phase 2b study evaluating MM-120 (lysergide D-tartrate) for generalized anxiety disorder (GAD). The ...
Arizona to Award $5 Million in Grants for Clinical Studies on Psilocybin Mushrooms
PHONIX-- Arizona is set to allocate $5 million in grants for researchers to conduct clinical studies on the therapeutic potential of hallucinogenic psilocybin mushrooms. The state's recently approved budget for fiscal year 2024 includes a ...
Glass House Brands Sees Opportunities as Legal Cannabis Farming Space Shrinks in California
LOS ANGELES--During Glass House Brands' recent earnings call, CEO Kyle Kazan revealed that the legal cannabis farming space in California is expected to significantly shrink this year, presenting an opportunity for the company to capture ...
Uncomfortably High-Testing Reveals Inflated THC Levels on Cannabis Packaging
LOS ANGELES-–Legal Cannabis products in the United States are required to report THC potency (total THC % by dry weight) on packaging. However concerns have been raised that reported THC potency values are inaccurate. This ...
Solutions Explored at NY Cannabis Insider Conference to Address Challenges in New York’s Adult-Use Cannabis Program
NEWYORK--, NY Cannabis Insider hosted a conference in Albany, bringing together stakeholders to discuss solutions to the persistent challenges faced by the New York adult-use cannabis program. One of the main issues raised was the ...
Canopy Growth Files Revised Proxy Statement to Accelerate Entry into U.S. Cannabis Market
LOS ANGELES-- Canopy Growth Corporation, aNorth American cannabis and consumer packaged goods (CPG) company, announced today the filing of a revised proxy statement with the U.S. Securities and Exchange Commission (SEC). The statement outlines the ...
Canadian Cannabis Producer BZAM Announces Non-Brokered Private Placement to Raise Up to C$5 Million
BZAM Ltd a Canadian cannabis producer, revealed its plans to conduct a non-brokered private placement to raise approximately C$5 million. The company intends to offer up to 22,222,223 units, with each unit priced at C$0.225. ...
Licensed Cannabis Transporters in Illinois File Lawsuit Against State Department of Agriculture for Failing to Regulate Cannabis Transportation
In a legal battle that could have significant implications for the cannabis industry in Illinois, a coalition of 13 licensed cannabis transporters has filed a lawsuit against the state Department of Agriculture, accusing regulators of ...
Auxly Cannabis Group Inc. Achieves Positive Adjusted EBITDA in Q1 2023
TORONTO--, Auxly Cannabis Group Inc. (TSX: XLY) announced its financial results for the first quarter ended March 31, 2023, revealing positive Adjusted EBITDA and notable revenue growth. The company, a leading player in the cannabis ...
Atai Life Sciences Reports Q1 2023 Financial Results and Updates on Clinical Trials
LOS ANGELES-- Atai Life Sciences, a clinical-stage biopharmaceutical company, released its financial results for the first quarter of 2023, along with updates on corporate developments. The company's cash reserves decreased from $273.1 million in December ...
MC Global Holdings Reports Strong Q1 Revenue, Significant Net Income Growth, and Positive Cash Flow
LOS ANGELES-- MC Global Holdings (MCG) has announced impressive financial results for the first quarter (Q1) of 2023, with strong revenue, substantial net income growth, and positive cash flow. The company exceeded expectations, surpassing both ...
Neptune Wellness Solutions Successfully Completes Public Offering, Securing Approximately $4 Million in Gross Proceeds
LOS ANGELES-- Neptune Wellness Solutions Inc., a consumer-packaged goods company focused on plant-based and sustainable lifestyle brands, has successfully closed a public offering of its common shares and accompanying warrants. The offering consisted of 12,121,212 ...
Curaleaf Holdings, Inc. Reports Strong Q1 2023 Results, Exceeding Revenue Expectations
LOS ANGELES-- Curaleaf Holdings, Inc, a global provider of consumer products in the cannabis industry, announced its financial and operating results for the first quarter ended March 31, 2023. The company's performance exceeded expectations, demonstrating ...
CASE STUDY: What Can Cannabis Leaders Learn From Mid-Day Squares?
LOS ANGELES--Mid-Day Squares, the brainchild of Nick Saltarelli, Lezlie Karls, and Jake Karls, has emerged as a captivating force in the world of chocolate. This family-owned business has embarked on a mission to combat mid-day ...
California Cannabis Brands & Distributors Organize Targeting Tardy Dispensary Payments
SAN FRANCISCO--Cannabis operators Kiva Sales & Service, Lowell Farms, Nabis, Sunderstorm and other key industry players in the world’s largest legal market, today announced the formal launch of Financial Stability for California Cannabis (FSCC), a new coalition composed of industry stakeholders. ...
A Leap Forward: The Psychedelic Revolution in Mainstream Medicine
LOS ANGELES-- Psychedelic-assisted therapy, though still viewed with skepticism by some segments of society, has taken a significant step towards mainstream medical acceptance. The American Medical Association (AMA), a key player in the U.S. healthcare ...
Cannabis Industry Sees Continued Growth Across Various Markets
LOS ANGELES--, The cannabis industry has witnessed a significant expansion in recent years, finding applications in diverse sectors such as cosmetics, pharmaceuticals, and food and beverages, according to a report from Grand View Research. The ...
Glass House Brands Surpasses Expectations in Q1 2023 with Positive Cash Flow and Increased Revenue
LOS ANGELES-- Glass House Brands Inc., a prominent vertically integrated cannabis company in the U.S., has reported impressive financial results for the first quarter ending March 31, 2023. The company registered a net sales growth ...
Review: MJ Unpacked Returns To Light Up New York
3 Big Hits From MJ Unpacked in New York By Gregory Frye If you didn’t make it to MJ Unpacked in New York City late last month, you missed out on a fantastic cannabis conference. ...
