Consumer Research
Banks Still Hesitant on Expanding Services for Cannabis Businesses Post-Trump Rescheduling Order
LOS ANGELES – President Donald Trump's Executive Order fast-tracked the ...
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 ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
Seasoned Media Executives Launch IgniteIt Inc., a New Media and Events Powerhouse formerly operated as Benzinga Cannabis
Detroit, MI —Wednesday, Aug 20, 2025 —Today, IgniteIt Inc. (IgniteIt) announced that the cannabis industry’s premier business conference and media platform, formerly operated by Benzinga Cannabis, is entering a new chapter, separate and not affiliated ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
Legal Status of Cannabis in Europe
LOS ANGELES- A growing number of European countries now permit the use, cultivation or sale of cannabis under regulated conditions, driven by evolving public policy and emerging economic opportunity. Germany legalized limited recreational use on ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
Crafting Cannabis Excellence: How Quality Builds Lasting Brands
In the bustling Cannabis market, where fierce competition and economic pressures have driven prices down, many products risk blending into a sea of sameness. Yet, a select group of companies stands out by prioritizing premium ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
Alabama Set to Launch Medical Cannabis Industry, 17 Companies Expected to Receive Licenses
ALABAMA -- Alabama is gearing up to launch its medical cannabis industry later this year, with up to 17 companies expected to be granted licenses to cultivate and process cannabis for patients in the state. ...
Psychedelic Drug Regulation: Three US States Make Moves to Legalize Psilocybin and MDMA for Mental Health Treatment
LOS ANGELES-- Over the past few weeks, several states in the United States have been making strides in the area of psychedelic drug regulation, specifically around the compound psilocybin found in magic mushrooms. Three states ...
Cannabis Retailers Prepare for Massive Sales on 4/20, the Unofficial Cannabis Holiday
LOS ANGELES-- Tech firms tracking sales in the cannabis industry are predicting a "massive" sales day for retailers on April 20th, also known as 4/20, which they have dubbed the industry's Super Bowl or Black ...
REPORT: US Cannabis Industry Skyrockets to $100 BN in 2023
LOS ANGELES- In a significant milestone for the growing cannabis industry, analysts predict that it will add a whopping $100 billion to the US economy by 2023. This projection, which comes from the newly published ...
Exploring the Rise of Vape Pens in the Cannabis Industry and the Challenges Ahead
LOS ANGELES-- Cannabis vape pens have emerged as one of the most popular cannabis products due to their convenience, ease of use, and discreetness. According to a report by Headset, vapes were the second-most popular ...
Colorado’s Psychedelics Advisory Board Faces Challenges in Establishing Regulated Access Scheme
LOS ANGELES-- Colorado's first-ever psychedelics advisory board meeting took place last week to establish a regulated access scheme for mind-bending therapeutics, which were approved by voters in November. The board's initial focus, however, is on ...
Curaleaf Holdings Announces Restatement of Financial Statements Following Internal Review
NEW YORK-- Curaleaf Holdings, a leading cannabis company, announced today that it has been conducting a review of certain purchases and sales of products through its wholesale channel to determine whether they had commercial substance, ...
”Lab-Shopping” Is Holding Back The Cannabis Industry
LOS ANGELES- In recent years, the cannabis industry has experienced tremendous growth, with more and more states legalizing both recreational and medical cannabis use. With this growth, there has been an increasing demand for cannabis ...
Innocan Pharma Reports Significant Revenue Growth in Audited Financial Results for 2022
LOS ANGELES-- Innocan Pharma, a pharmaceutical technology company specializing in the development of innovative drug delivery platform technologies and owning a proprietary IP portfolio, has released its audited financial results for the year ended December ...
Curaleaf Granted Approval to Continue Selling Recreational Cannabis in New Jersey After Initial Denial
LOS ANGELES-- Curaleaf Holdings, a global provider of consumer cannabis products, has won a significant legal victory in New Jersey. The New Jersey Cannabis Regulatory Board reversed its earlier decision to deny the company's adult-use ...
Barky AI and Highten Launch Canna-GPT: World’s First Cannabis AI Chatbot
LOS ANGELES-- Barky AI and Highten have joined forces to launch Canna-GPT, the world's first Cannabis AI chatbot. With a goal of democratizing cannabis education, the new AI chatbot interface makes it easier for users ...
EY Global Cannabis CEO Survey: Industry Faces Intense Challenges but Remains Optimistic for Growth in 2023
LOS ANGELES-- More than half of cannabis companies failed to meet their board's expectations in 2022, as revealed by the EY Global Cannabis CEO Survey. These underperformances were primarily due to external forces such as ...
Germany Shifts Plan for Cannabis Legalization to Nonprofits and Personal Use
LOS ANGELES-- German officials have scaled back their plans for the legalization of cannabis after consulting with the European Union (EU), according to the Associated Press. Instead of a widespread retail industry, regulators now plan ...
Finnish Survey Reveals Changing Attitudes Towards Cannabis and Drug Decriminalization
LOS ANGELES -- A recent survey conducted by Finland's Institute for Health and Welfare (THL) revealed that attitudes towards cannabis use and possession are changing among the Finnish population. According to YLE News, 53% of ...
Vertical Disintegration – Who Eats Who?
Vertical Disintegration - Who Eats Who? Young America Capital’s investment bankers Jon Lunsford and Sean Santa have published the first of three articles examining vertical disintegration from the standpoint of those raising private capital for ...
Trump Claims ”Genetically Engineered” Cannabis Causes Mass Shootings
NEW YORK - In a recent speech for the National Rifle Association, former U.S. President Donald Trump made a controversial claim that genetically engineered cannabis is the cause of mass shootings in the United States. ...
High THC Cannabis Does NOT Equal Quality Cannabis
LOS ANGELES–When it comes to the quality of cannabis, the misconception that higher THC content equates to a better high is widespread. However, this couldn’t be further from the truth. THC, the specific compound in ...
Navigating the Challenges of the Booming Cannabis Industry
LOS ANGELES-- As the stock market struggles, the cannabis industry is booming with higher than ever consumer demand. Industry leaders gathered at the recent Benzinga Cannabis Capital Conference in Miami to discuss strategies and insights ...
New Report Finds Cannabis Industry Reaches $35 Billion in Legal Markets Globally
LOS ANGELES-- According to the latest report from New Frontier Data, the cannabis industry in legal markets reached $35 billion in 2022, while total demand in both legal and illicit markets was estimated to be ...
Curaleaf’s New Jersey Adult-Use Licenses Renewal Temporarily Denied
LOS ANGELES--Curaleaf Holdings, an international provider of consumer cannabis products, has expressed its disappointment with the decision made by the New Jersey Cannabis Regulatory Commission's Board (CRC Board) to deny the renewal of its cultivation ...
Curaleaf’s New Jersey Adult-Use Licenses Renewal Denied
LOS ANGELES-- Curaleaf Holdings, an international provider of consumer cannabis products, has expressed its disappointment with the decision made by the New Jersey Cannabis Regulatory Commission's Board (CRC Board) to deny the renewal of its ...
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 ...
