Consumer Research
Fairfax Bank Retreats from Servicing Cannabis Businesses
FAIRFAX – MainStreet Bancshares Inc., a community lender with $2.2 ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
A LIFE IN A DAY: David Peck, CEO of Headquarters
LOS ANGELES- In this edition of A LIFE IN A DAY, Highly Capitalized Network catches up with David Peck, the founder and CEO of Headquarters (HQ)—an operations partner for Cannabis businesses across the country. Headquarters ...
Glass House Brands Reports Q2 2025 Financial Results
LONG BEACH and TORONTO – Glass House Brands Inc., a leading vertically integrated Cannabis operator in the US, unveiled its second-quarter 2025 financial statements, showing impressive growth in key areas despite ongoing market pressures and ...
Psychedelics Market Set to Reach $22.6 Billion by 2033, Report Finds
NEW YORK – A recent report by Research and Markets reveals the current global psychedelic drugs market is valued at $7.4 billion and is projected to hit $22.6 billion by 2033, exhibiting a substantial compound ...
American Weed Co Founders Call for Nationwide Legalization of Cannabis for Veterans
WASHINGTON-- American Weed Co, a new cannabis company owned and operated by veterans, has announced it will devote a portion of its revenue to combating the epidemic of veteran suicide and modernizing outdated federal cannabis ...
MJ Unpacked Returns to New York with a Fresh Look Thanks to Strategic Partnership with ABC Brand/Design
NEW YORK-- MJ Unpacked, a cannabis trade event for brand and retail executives, as well as accredited investors, is set to make a return to New York on April 26th to the 28th, with a ...
MedMen Enterprises Hires ATB Capital Markets to Review and Sell Non-Core Assets in Restructuring Efforts
LOS ANGELES-- MedMen Enterprises Inc. has provided an update on its restructuring efforts, announcing that it has hired ATB Capital Markets Inc. to review and sell one or more of its non-core assets in Arizona, ...
California’s Legal Cannabis Market Faces Downturn in Sales and Industry Challenges
LOS ANGELES-- Legal cannabis sales in California have hit a roadblock as consumers purchased $5.3 billion worth of cannabis in the state in 2022, an 8% drop from the previous year, according to a report ...
RIV Capital and Hawthorne settle disputes with JW Asset Management over Etain acquisition
LOS ANGELES--RIV Capital Inc. has reached a settlement with JW Asset Management LLC (JWAM) over a dispute related to its acquisition of New York-based medical cannabis operator Etain. JWAM had raised concerns over the purchase ...
Canadian Cannabis Consumers Moving Toward Legal Market, Study Finds
WATERLO-- A new study published in the Harm Reduction Journal has revealed that Canadian cannabis consumers are increasingly turning to the legal market. Researchers from the University of Waterloo's School of Public Health conducted a ...
Global Cannabis Market Expected to Reach Nearly $60 Billion by 2027, with U.S. Accounting for Three-Quarters of Sales, says BDSA Report
LOS ANGELES--The global cannabis market is poised for massive growth in the next four years, with projected sales of nearly $60 billion by 2027, according to a recent market forecast by BDSA. This represents a ...
Updates: What’s Happening in USA’s East Coast Cannabis Markets?
NEW YORK- The legal cannabis industry in the United States has been growing at a rapid pace in recent years, with several states legalizing the use of cannabis for medical and recreational purposes. While the ...
The Parent Company and Gold Flora Announce Plans to Merge Businesses
SAN JOSE, Calif. TPCO Holding Corp. (NEO: GRAM) (OTCQX: GRAMF), a consumer-focused California cannabis company, and Gold Flora, a vertically-integrated California cannabis company, today announced that they have entered into a definitive business combination agreement to ...
Switzerland’s Cannabis Market Set to Boom Following Test Market
ZURICH–In recent years, the legal cannabis market has been rapidly expanding in Switzerland, driven by changing attitudes towards the substance and its potential medicinal benefits. This development has been accompanied by a growing number of ...
Oklahoma Voters to Decide on Recreational Cannabis Legalization: What’s at Stake for the State’s Booming Cannabis Industry?
OKLAHOMA CITY, In just under two weeks, voters in Oklahoma will have the opportunity to decide whether to legalize recreational cannabis in addition to the state's already expansive medical cannabis market. The measure, State Question ...
Challenges and Competition for Legal Cannabis in Manhattan as New York’s Adult-Use Program Slowly Takes Shape
NEW YORK, New York's adult-use cannabis program has finally started to take shape with four legal stores now open and operating. However, the road to get here has been long and fraught with challenges, and ...
California’s Cannabis Industry Still Struggling with Systemic Hurdles and Local Veto Power, Says Industry Consultant
LOS ANGELES-- The cannabis industry in California is still facing major obstacles despite being the most populous state in the US. Many businesses are struggling to turn a profit in the market due to a ...
SEC seeks $6.2M from two men accused of penny stock scheme
Los Angeles, The US Securities and Exchange Commission (SEC) has asked a federal judge in Boston to approve a proposed judgement against William Kaitz and Graham Taylor for their alleged roles in a $140m penny ...
New Cannabis Brands Face Shorter Lifecycles, With Survival Rates Tied to Market Conditions
LOS ANGELES, A new report by sale tracking firm Headset has found that new cannabis brands entering the market have shorter lifecycles than in the past. The report analyzed distinct brand launches in the first ...
Sky Wellness CBD Sleep Gummies Named Winner of 2023 Product of the Year USA Award
PHOENIX, Sky Wellness CBD Sleep Gummies, a premium THC-free, broad-spectrum CBD + CBN sleep aid, has been named a winner of the 2023 Product of the Year USA Awards. This is the largest consumer-voted awards ...
Is Cannabis Really A Gateway Drug?
LOS ANGELES- According to a recent study by researchers from the University of Minnesota, CU Boulder, and the CU Anschutz Medical Campus, legalizing recreational cannabis at the state level does not increase substance use disorders ...
Twitter Becomes First Social Media Platform to Allow Cannabis Ads in U.S.A.
SAN FRANCISCO-Twitter has become the first social media platform to permit cannabis companies to market their brands and products in the United States. While other social media platforms such as Facebook, Instagram, and TikTok follow ...
Worldwide Industrial Hemp Market to 2028
DUBLIN - This report provides a complete analysis of Worldwide Industrial Hemp Industry. The Global Industrial Hemp Market will grow to US$ 15.01 Billion in 2028, according to the publisher. Company Analysis Marijuana Company of America Inc. ...
Syqe Medical to Provide the SyqeAir Technology to Veterans
TEL AVIV, Israel - Syqe Medical, the developer of innovative technologies in the world of medical devices, is pleased to announce the signing of an agreement with the Israeli Ministry of Defence to supply the ...
Global Cannabis Market Revenue Is Expected To Reach $76 Billion By 2027
PALM BEACH, Fla. - The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from ...
Acreage Announces Filing of Proxy Statement with Canopy Growth and Canopy USA
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), announced that it: (i) obtained an interim order of the Supreme Court of British Columbia dated January 18, 2023, as varied on February 13, ...
TerrAscend Appoints Jeroen De Beijer as Chief People and Culture Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Jeroen De Beijer as Chief People and Culture Officer, effective immediately. De Beijer brings more than 20 years ...
Good Supply Cannabis Brand Launches New Product Lineup
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of their best-selling Good Supply cannabis brand portfolio and the launch of their latest flower ...
Legal Marijuana Market Is Expected to Generate USD 80.1 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global legal marijuana market garnered $17.5 billion in 2021, and is estimated to generate $80.1 billion by 2031, manifesting a CAGR of ...
