Consumer Research
Trulieve Reports Q1 2026 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. entered 2026 with a first ...
The ROI Investors Are Ignoring Within the Cannabis Industry
LOS ANGELES- Industrial hemp has more ROI potential than the ...
The 2nd Annual Cannalaugh Kicks Off March 28 in Chicago
CHICAGO- CannaLaugh, a live event series combining nationally touring stand-up ...
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets projects the global Cannabis cultivation market to reach $464.91 billion by 2030, up from $207.46 billion in 2025, reflecting a compound annual growth rate (CAGR) ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing the state closer to filling a longstanding gap in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
New York Updates Cannabis Packaging, Labeling, and Advertising Regulations
NEW YORK – The New York State Cannabis Control Board finalized amendments to its packaging, labeling, marketing, and advertising regulations, marking a significant step in refining the state's adult-use Cannabis market. The changes aim to ...
Planet 13 Reports Q3 2025 Financial Results
LAS VEGAS – Planet 13 Holdings Inc., a multistate Cannabis operator with flagship operations in Nevada and Florida, disclosed a $44 million net loss for the third quarter, reflecting the toll of compressed prices, softening ...
Glass House Brands Reports Q3 2025 Financial Results
LONG BEACH – Glass House Brands Inc. disclosed third-quarter 2025 earnings that showed a marked slowdown in sales and profitability, chalked up to deliberate shifts in its labor strategy. The company posted revenue of $38.4 ...
ANTG Inks Deal with Curaleaf to Supply Medical Cannabis for UK Patients
LONDON – Australian Natural Therapeutics Group, a leading cultivator of pharmaceutical-grade Cannabis, has reached an agreement with Curaleaf Laboratories to bring its products to British patients, marking a cross-continental push into Europe's second-largest medical Cannabis ...
High Times Brings Back Cannabis Cup to New York
LOS ANGELES – Josh Kesselman, the entrepreneur behind RAW® Rolling Papers and recent steward of High Times magazine, has revived the storied Cannabis Cup competition in New York, setting it up to be the first ...
Resurrected Ancient Cannabis Enzymes Pave the Way for Efficient Cannabinoid Production
LOS ANGELES – A team of biologists has brought back to life enzymes from Cannabis plants that roamed Earth millions of years ago, uncovering a blueprint for producing medicinal compounds more effectively than today's methods ...
Ten Million U.S. Adults Microdosed Psychedelics Last Year, RAND Survey Finds
LOS ANGELES – A new survey from the RAND Corporation reveals that roughly 10 million adult Americans turned to microdosing psychedelics last year, taking sub-perceptual amounts of substances like psilocybin, LSD or MDMA to manage ...
Massachusetts Strip Club Ditches Controversial “Topless Cannabis” Plans
WHATELY, Mass. — In a surprising turn of events, the owners of Club Castaway in Whately have announced their plans to reopen the strip club next month. The establishment, Franklin County's sole strip club, ...
Germany’s Supreme Court Says ”No” To Canabis Legalization Plans
Berlin--In a federal legal setback for the pending decriminalization of cannabis, the Karlsruhe-based Supreme Court has upheld its case law from the 1990s, disregarding several appeals. The ruling, issued by the Third Chamber of the ...
The Complexities of Research and Development Taxation in California’s Cannabis Industry
LOS ANGELES-- In recent years, the U.S. cannabis industry has experienced unprecedented growth, with a majority of states embracing its medical applications and an increasing number legalizing adult use. This surge in acceptance has been ...
The Tax Challenges Plaguing the Cannabis Industry
LOS ANGELES-- The year 2022 brought forth a significant shift in the financial landscape for the cannabis industry, as businesses grappled with a pressing tax conundrum. With the looming income tax filing season, cannabis taxpayers ...
The Advantages of Being a “Qualified Manufacturer” in the Cannabis Industry
NEW YORK -- In the ever-expanding landscape of New York's cannabis industry, entrepreneurs face a multitude of challenges on their path to success. From navigating the complexities of licensing to competing against illicit market players, ...
Complexities of Cannabis Outsourcing in a Murky Legal Landscape
LOS ANGELES-- The rapid evolution of the cannabis industry, as it transitions from the shadows of illicit trade to the forefront of mainstream commerce, has brought about a host of challenges for businesses. In response, ...
The Dawn of Social Equity and the Booming Adult-Use Cannabis Industry in New York
NEW YORK-- New York State is embarking on a groundbreaking social experiment as it grants adult-use cannabis licenses, aiming to rectify the injustices inflicted by the long-standing war on cannabis. The detrimental effects of this ...
Transfer Pricing Challenges in the Cannabis Industry
LOS ANGELES-- As the cannabis industry continues to grapple with a complex web of regulations and tax rules, entrepreneurs like Abraham Finberg, Rachel Wright, and Simon Menkes of 420CPA display adept skills in maneuvering through ...
Navigating California’s Cannabis Debt Crisis
LOS ANGELES-- As California's cannabis market grapples with a mounting debt crisis, the fate of the industry hangs in the balance, centering around a controversial piece of legislation known as Assembly Bill 766, also referred ...
Paving the Way for Interstate Cannabis Commerce, California’s Ambitious Plan
LOS ANGELES-- Amidst the picturesque landscapes of California's cannabis fields, a new wave of excitement is brewing in the Golden State. The Department of Cannabis Control (DCC) has unveiled a bold initiative that could potentially ...
A Calculated Approach: Navigating Federal Cannabis Legalization
LOS ANGELES-- The landscape of federal cannabis reform is undergoing a notable transformation, propelled by the growing number of states embracing adult-use cannabis. As this trend gains momentum, policymakers are increasingly compelled to consider significant ...
Skittles Triumphs in Lawsuit Against Cannabis Knockoff Zkittlez
NEW YORK-Mars Wrigley, the maker of multi-colored fruit-flavored Skittles candies, has reached a settlement in a trademark infringement lawsuit against Terphogz LLC, a seller of cannabis-related merchandise. The lawsuit centered around Terphogz's marketing of products ...
Barely Capitalized: Pioneering Support for Women and Minority Startups in the Booming Cannabis Industry
LOS ANGELES-In a bold move to address the long-standing funding disparity faced by women and minority entrepreneurs in the cannabis sector, Highly Capitalized, a leading financial news service, is set to launch an innovative initiative ...
California’s Path to Tackle Illicit Cannabis and Empower Legal Operators
LOS ANGELES-- California's relentless battle against illicit cannabis has reached a critical juncture, as state authorities strive to curb the flourishing underground market and protect the interests of legal cannabis operators and consumers. With the ...
Schumer Expresses Confidence in Bipartisan Cannabis Banking Bill
LOS ANGELES-- Senate Majority Leader Chuck Schumer (D-NY) has expressed confidence that a bipartisan bill aimed at addressing banking issues in the cannabis industry will successfully pass in Congress during this session. The reassurance came ...
Altria-Backed Cannabis Producer Cronos Explores Sale
TORONTO-Cronos Group Inc, (CRON.TO) the Canadian cannabis producer backed by Altria Group Inc, the cigarette maker, has confirmed that it is currently engaged in discussions with potential buyers to explore the possibility of a sale, ...
NBA Removes Cannabis from Prohibited Substances List
NEW YORK- In a significant development, league officials and the NBA Players Association have recently inked a comprehensive collective bargaining agreement that effectively removes cannabis from the league's list of prohibited substances. This landmark agreement ...
New York City Council Committee Approves Bill Holding Landlords Accountable for Unlicensed Cannabis and Tobacco Sales
NEW YORK-- The New York City Council Committee on Public Safety has given its approval to a bill that will hold landlords responsible for knowingly renting commercial properties to tenants engaged in the sale of ...
California Cannabis Distribution Giant Herbl Faces Legal Battle as Industry Struggles with Financial Squeeze
LOS ANGELES -California-based cannabis distribution giant Herbl is embroiled in a legal dispute as it seeks to recover approximately $10 million in unpaid debts from retailers. The company, which fell into receivership in June, has ...
BZAM Ltd and Lender Amend Credit Agreement in Response to Recent Divestiture
TORONTO-- BZAM Ltd., a Canadian cannabis producer, has successfully completed the divestiture of Galaxie Brands Corporation, according to a share purchase agreement. The transaction involved the sale of all outstanding shares of Galaxie to a ...
Australia Takes Lead in Offering Psychedelic Treatment for Mental Health
SYDNEY, Australia--In a groundbreaking move, Australia has emerged as a global leader in mental health treatment by embracing the therapeutic potential of psychedelic substances such as MDMA (commonly known as ecstasy) and psilocybin (found in ...
New York Secures $150 Million Investment to Fully Fund Social Equity Cannabis Retailers
LOS ANGELES-- In a significant boost to New York's social equity cannabis program, Chicago Atlantic Admin LLC has committed up to $150 million in senior secured capital for the Social Equity Cannabis Investment Fund. The ...
Medical Cannabis Companies in Oklahoma Challenge Fee Increase in State Supreme Court
LOS ANGELES-- Several licensed medical cannabis companies in Oklahoma have filed a petition with the state Supreme Court, seeking the repeal of a 2022 law that increased their fee burden. The petition, filed on June ...
Australia Becomes the First Country to Allow Prescription of Psychedelics for PTSD and Depression
LOS ANGELES-- Starting from July 1, doctors in Australia can now prescribe MDMA and psilocybin to patients suffering from post-traumatic stress disorder (PTSD) and hard-to-treat depression. This groundbreaking move makes Australia the first nation in ...
Reunion Neuroscience Inc. Reports Fiscal Results and Provides Corporate Update
LOS ANGELES-- Reunion Neuroscience Inc. a clinical-stage biopharmaceutical company specializing in innovative therapeutic solutions for underserved mental health conditions, announced its fiscal results for the fourth quarter and year ended March 31, 2023. Additionally, the ...
