Consumer Research
Curaleaf Secures Virginia Foothold with Purchase of Cannabist Assets
STAMFORD – Curaleaf Holdings, Inc. has entered into an agreement ...
Poll Finds Broad Voter Support for Legal Hemp with Stricter Safeguards
WASHINGTON – A national survey released this week reveals that ...
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Cresco Labs Reports Q2 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its Q2 2025 financial results, revealing a mix of operational stability, revenue headwinds, and a pivotal debt restructuring. The company reported revenues of $164 million, down 11% from $184 ...
Thailand Reverses Course on Recreational Cannabis
LOS ANGELES- Thailand's Public Health Ministry, under Minister Somsak Thepsuthin, has issued a directive banning recreational cannabis sales and reclassifying cannabis buds as a controlled herb in a major policy reversal after three years of ...
Verano Debuts Bodega‑Style Dispensary in Arizona
LOS ANGELES- Verano Holdings Corp. a multi‑state cannabis operator, has introduced a “bodega‑style” shopping format at its Zen Leaf Cave Creek dispensary in Phoenix. This innovative layout allows adult‑use consumers to browse and select products directly ...
Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES- Aurora Cannabis Inc. has officially dismissed two recent articles published on Investing.com that falsely claimed the company entered into a $215 million acquisition of New Zealand’s MedLeaf Therapeutics and a strategic partnership with Germany-based ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Curaleaf Reports Q2 2025 Financial Results
STAMFORD – Curaleaf Holdings, Inc., a major player in the global Cannabis market, released its financial and operational results for the second quarter of 2025, ending June 30, showcasing a blend of domestic resilience and ...
GTI Reports Q2 2025 Financial and Operational Results
CHICAGO & VANCOUVER – Green Thumb Industries Inc., a major player in the U.S. Cannabis market, national Cannabis consumer packaged goods (CPG) company, and operator of RISE Dispensaries, reported its financial and operational results for ...
Trulieve Cannabis Corp Reports Q2 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp., a major player in the U.S. Cannabis market, announced its financial and operational results for the second quarter of 2025, ending June 30, showcasing resilience and strategic progress. The company ...
Canopy Growth Corporation Enters Exchange Agreement with Greenstar Canada Investment for $73.9 Million Debt Extinguishment
LOS ANGELES-- Canopy Growth Corporation has recently announced that it has entered into an exchange agreement with Greenstar Canada Investment Limited Partnership (GCILP), a wholly-owned subsidiary of Constellation Brands, Inc., for the extinguishment of C$100 ...
MC Global Holdings Expands European Business to Meet Increasing Demand for Hemp-Derived Cannabinoids
LOS ANGELES-- MC Global Holdings, a global provider of hemp-derived cannabinoids, has recently announced its plans for expansion into the European market. The company's affiliate European holding company, MC Wellness International, Limited, will be leading ...
Michigan’s Legal Cannabis Retail Market Breaks Records in March 2023, Despite Low Prices
MICHIGAN-- Michigan's legal cannabis retail market is seeing explosive growth as it enters its fourth year of adult-use sales, with licensed dispensaries recording a record-breaking haul of $249.7 million in March. This figure marks a ...
Aurora Cannabis and MedReleaf Australia Launch New THC Cannabis Product Line for Medical Patients
LOS ANGELES-- Canadian company Aurora Cannabis Inc., known for its efforts to open up the world to cannabis, has announced the launch of IndiMed Tempo 26 in partnership with MedReleaf Australia. The new range of ...
Germany Legalizes Adult-Use Cannabis via Cannabis Clubs & Home Grow Cultivation
BERLIN--In a significant move towards drug policy reform, the German parliament today embraced the second and final readings of the CanG bill, marking a pivotal moment in the nation's approach to cannabis regulation. After an ...
Germany Legalizes Adult-Use Cannabis via Cannabis Clubs & Home Grow Cultivation
BERLIN--The German government's plan to legalize cannabis has been scaled back, with home cultivation and cannabis social clubs becoming the primary means of supply for German cannabis users. The revised plan, presented by German health ...
BellRock Brands Secures $861,757 Promissory Note With High Street Capital Partners To Reorganize Debt, Announces General Counsel’s Exit
LOS ANGELES-- BellRock Brands Inc., a leading player in the cannabis consumer packaged goods and intellectual property platform, has announced its entry into a secured promissory note and security agreement with High Street Capital Partners, ...
New Nonprofit Organization Aims to Enhance Standards for Cannabis Education and Employment
LOS ANGELES-- A group of cannabis institutions, programs, and educators have teamed up to establish The National Association for Marijuana and Cannabis Educators (NAMCE). The nonprofit organization's primary goal is to strengthen the quality and ...
Portland Named America’s Most Weed-Friendly City According to New Survey
LOS ANGELES-- Portland, Oregon has been named America's most weed-friendly city, according to a new survey by online publications Real Estate Witch and Leafly. The report analyzed various factors, such as the legality of weed, ...
Maryland Lawmakers Pass Bill to Launch Recreational Cannabis Market with Existing Medical Operators Getting First Access
MARYLAND-- Maryland lawmakers have passed a bill that will legalize recreational cannabis sales starting on July 1, 2023. The new law will allow the state's existing 102 medical cannabis operators to have first access to ...
Vangst Jobs Report Shows a Surprising Drop in Employment for US Cannabis Industry
LOS ANGELES-- The legal cannabis industry in the United States generated over $26 billion in sales last year, according to the 2023 Vangst Jobs Report. The report, released by Vangst, a leading cannabis industry jobs ...
Curaleaf Expands Retail Footprint in Utah with Acquisition of Deseret Wellness
LOS ANGELES--Curaleaf, a leading global provider of cannabis products for consumers, has announced the successful acquisition of Deseret Wellness - the largest cannabis retail operator in Utah. This acquisition has expanded Curaleaf's retail footprint to ...
Tilray to Acquire Hexo Corp. for $56 Million
TORONTO- On April 10, 2023, Tilray Brands announced its merger with Hexo Corp, in a deal that would create one of the largest cannabis companies in the world. While the deal may seem like a ...
Former Michigan House Speaker and Three Others Charged with Corruption in Connection to State’s Legal Cannabis Industry
LOS ANGELES-- Former Michigan House Speaker Rick Johnson and three others have been charged with federal corruption charges related to the state's legal cannabis industry. The charges are likely to signal just the beginning of ...
Missouri’s Booming Recreational Cannabis Market Attracts Out-of-State Buyers, Hurts Illinois Sales
LOS ANGELES-- In March, out-of-state sales for cannabis in Illinois dropped by almost 17%, signaling that neighboring Missouri's thriving recreational market is still pulling customers away. This news comes just two months after Missouri allowed ...
Medical Cannabis Lawsuit Alleges THC Potency Fraud by Arkansas Cannabis Companies
ARKANSAS-- A new lawsuit has been filed in Arkansas, alleging that licensed cannabis companies have conspired to deceive patients by falsifying THC testing results. The suit, filed by MMJ patient Jakie Hanan in federal court, ...
California’s Government is Destroying California’s Cannabis Industry
SACRAMENTO-- California, often considered a pioneer in the legalization of cannabis, has faced numerous challenges in regulating the industry. One of the most pressing issues is the overtaxation of legal cannabis farms, which has led ...
Pervasip Corp Acquires Slurped & Starts Nano Emulsified Products’ Division
LOS ANGELES-- Pervasip Corp, a developer of companies and technologies in high value emerging markets, has announced the acquisition of Slurped, a nano tincture brand, and the establishment of Artizen Nano, a division focused on ...
New Mexico’s Adult-Use Cannabis Market Surpasses $300 Million in Sales for First Year of Operations
LOS ANGELES-- New Mexico's adult-use cannabis market has hit an impressive milestone by generating over $300 million in sales within its first year of operations, starting from April 1, 2022. Governor Lujan Grisham's office announced ...
Cannabis Advocates Hold Policy Forum in Capitol Hill to Discuss Critical Challenges and Opportunities
LOS ANGELES-- On April 20, a group of cannabis advocates will gather at the Capitol Visitors Center of the Congressional Auditorium for a policy forum. The event, which is symbolically scheduled on the unofficial cannabis ...
Nevada’s Cannabis Growers Struggle with Overtaxation Amid Falling Prices and Stale Data
NEVADA-- Nevada’s legal cannabis industry, which was expected to bring endless profit to licensees, is facing challenges that could lead to its decline. Nevada’s cannabis growers are complaining of overtaxation due to the state’s formula ...
Legal Cannabis Consumption at Detroit’s 420 Music Festival Marks a Milestone For The City’s Growing Cannabis Industry
DETROIT-- The city of Detroit is set to host its first-ever cannabis festival, a music event that will allow visitors to consume marijuana legally. The 420 Cannabis Music Festival, organized by D & G Venture, ...
MJ Unpacked Takes Proactive Approach to Addressing Social Equity and Inclusion in Cannabis Industry
NEW YORK--As MJ Unpacked, the premier event for the cannabis industry, gears up to take the stage in New York City from April 26-28, the East Coast cannabis market is poised for massive growth. However, ...
ACT and SC Labs Introduce “Trust in Testing” Certification for Safer Cannabis Products
LOS ANGELES-- ACT Laboratories and SC Labs, two of the largest cannabis testing labs in the United States, have joined forces to introduce the Trust In Testing Certification. This initiative establishes a national set of ...
Cornbread Hemp Closes Successful Seed Round
LOS ANGELES-- Cornbread Hemp, a top-selling CBD brand in the US, announced the successful closing of their seed round of fundraising and the acquisition of their processing and manufacturing partner. This move marks a significant ...
