Consumer Research
Cresco Labs Reports Q1 2026 Financial Results
CHICAGO – Cresco Labs Inc. released its first-quarter results, showcasing ...
Updated: Europe’s Cannabis Business Events 2026
BERLIN- Europe’s Cannabis market is moving from theory to execution. ...
Prohibition Partners Releases Global Medical Cannabis Market Review 2026
LONDON – With medical Cannabis exports increasingly concentrated among a ...
Beverage Emulsion Market Projected to Reach $3.3B by 2035
LOS ANGELES – The beverage emulsion market, a key ingredient sector for flavor stability and cloud effects in drinks, continues to show steady expansion according to recent industry data. Towards FnB, a market research firm ...
Law Firm Warns of Bankruptcy Cliff for Hemp Sector
LOS ANGELES – A warning from a Cannabis law firm has drawn attention to a potential deadline facing parts of the hemp sector: businesses heavily involved in products that could become federally illegal after November ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of Maricann Inc., gaining control of a sprawling production facility tailored for export markets. The deal, the company's biggest to date, centers on a 100-acre campus ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known for its discount club model, has cut the ribbon on its inaugural European outpost, a Canna Cabana store in central Berlin that sells accessories and ...
Conservative Think Tank Advocates Federal Cannabis Labeling Standards to Address State Disparities
WASHINGTON – A prominent conservative policy group has called for federal guidance on Cannabis product warnings, pointing to stark differences in state regulations that leave consumers with inconsistent information on health risks. The American Enterprise ...
Psyence BioMed Ventures into Psilocybin’s Role in Aging Research
NEW YORK – Psyence BioMedical Ltd. disclosed its entry into longevity science with a new program probing psilocybin's influence on key aging indicators. The initiative, conducted alongside South African academics, marks the company's first foray ...
UCLA Partners with Terpene Belt Farms to Research Cannabis Flavors
LOS ANGELES – Terpene Belt Farms, a subsidiary of Nexus Agriscience, has been selected as the industry partner in a University of California-led research funded by a $1.23 million grant from the California Department of ...
Virgin Islands Sets Fall 2026 Target for Legal Cannabis Retail Launch
CHARLOTTE AMALIE – The U.S. Virgin Islands Office of Cannabis Regulation has accelerated its timeline for the start of licensed Cannabis sales, with executive director Joanne Moorhead stating that regulated retail operations are now expected ...
Florida Cannabis Legalization Initiative Fails to Qualify for 2026 Ballot
LOS ANGELES – Florida Secretary of State Cord Byrd announced that the Smart & Safe Florida campaign failed to submit the required number of valid signatures to qualify its proposed constitutional amendment for the ballot. ...
Curaleaf Holdings Inc. Reports Q2 2023
NEW YORK — Curaleaf Holdings Inc., a global provider of consumer cannabis products, has released its Q2 2023 financial results. The company has reported a 4% year-over-year revenue growth, totaling $339 million, amidst a dynamic ...
Neptune Wellness Solutions Posts Q1 2024 Financial Results
NEW YORK - Neptune Wellness Solutions Inc. a consumer-packaged goods company emphasizing plant-based and sustainable lifestyle brands, reported its financial and operational results for the quarter ending June 30, 2023. Key takeaways from the report ...
AFC Gamma Reports Q2 Earnings and Dividend Declaration for 2023
LOS ANGELES– Financial services provider, AFC Gamma, Inc. revealed its financial performance for the quarter ending June 30, 2023, in an announcement made today. The company reported a GAAP (generally accepted accounting principles) net income ...
California Moves Forward with Psychedelics Legalization Bill
LOS ANGELES – A legislative proposal to legalize the possession and supervised use of specific psychedelics in California has advanced another step toward a final committee vote in the Assembly, positioning it closer to potentially ...
Germany’s Cabinet Advances Bill to Legalize Recreational Cannabis Amidst Controversy
BERLIN — Germany's cabinet gave the green light to a divisive bill on Wednesday that aims to legalize recreational cannabis use and cultivation, positioning Germany to have one of the most liberal cannabis statutes in ...
Organigram Holdings Partners with 4C LABS to Supply Medical Cannabis to the UK
LOS ANGELES— Organigram Holdings Inc., a recognized licensed producer of cannabis, announced today its strategic expansion into the UK market. The company has inked a supply agreement with 4C LABS, an emerging healthcare, tech, and ...
Cresco Labs Reports Q2 Results Amid Expansion Efforts
LOS ANGELES— Cresco Labs, a Chicago-based cannabis company, disclosed a 9% decline in revenues for the second quarter ended June 30, compared to the same timeframe last year. However, the company registered a modest quarter-on-quarter ...
Ohio Projects Significant Tax Revenues from Potential Cannabis Legalization
LOS ANGELES— Ohio might experience a significant influx in tax revenue from adult-use cannabis sales, estimated between $276.2 million to $403.6 million annually by the fifth year, should voters approve a prospective legalization measure this ...
atai Life Sciences Releases Promising Results from PCN-101 Phase 1 Study, Offering Potential for Home-Based Use
LOS ANGELES-- atai Life Sciences (NASDAQ: ATAI), a pioneering biotech company, has reported encouraging results from its Phase 1 investigation into the subcutaneous administration of PCN-101 (R-ketamine), facilitated through its subsidiary, Perception Neuroscience. The trial's ...
GrowGeneration Corp Reports Mixed Financial Performance Amid Challenging Cannabis Landscape
LOS ANGELES — GrowGeneration Corp., a specialty hydroponic and organic garden center chain with 62 branches across 18 states, announced its financial performance for the second quarter ending June 30, 2023. Key Takeaways: Net Sales: ...
Green Thumb Industries Reports Q2 2023 Financial Performance; Revenue Grows Sequentially
LOS ANGELES— Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), one of the prominent national cannabis consumer packaged goods companies and the proprietor of RISE Dispensaries, revealed its Q2 financial results for the period ending ...
MyMD Pharmaceuticals Receives FDA Approval to Proceed with Investigational Rheumatoid Arthritis Drug
BALTIMORE – MyMD Pharmaceuticals, Inc. announced on Monday that the U.S. Food and Drug Administration (FDA) has accepted the company's Investigational New Drug (IND) Application to study the safety and effectiveness of the oral TNF-α ...
South Dakota Takes Steps Towards Legalization of Cannabis: New Initiative Awaits Public Comment
LOS ANGELES-- South Dakota's path to legalizing cannabis took a notable step forward, as the state's Attorney General Marty Jackley (R) has officially released a draft summary of an initiative to legalize the substance. The ...
MindMed Partners with K2 HealthVentures in $50 Million Credit Facility for Brain Health Research
NEW YORK — Mind Medicine (MindMed) Inc., a clinical-stage biopharmaceutical company focused on developing innovative solutions for brain health disorders, announced today the signing of a senior secured credit facility with K2 HealthVentures, a leading ...
Columbia Care Reports Q2 Earnings: Revenue Remains Steady as Cost-Cutting Efforts Show Results
NEW YORK — Columbia Care Inc., a player in the cannabis industry, released its financial results for the second quarter ending June 30, 2023, showcasing resilience amid complex market conditions. The numbers reveal slight shifts ...
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 ...
