Consumer Research
NY Cannabis Market Gains New Outdoor Sales Path
NEW YORK – New York Governor Kathy Hochul signed legislation ...
Argentina Lawmakers Float Full Cannabis Legalization Plan
BUENOS AIRES – Argentina's lower house of Congress received a ...
Glass House Brands Wraps Up Warrant Redemption
LONG BEACH – Glass House Brands Inc. confirmed that it ...
Cheech and Chong Ink Distribution Deal with Breakthru
LOS ANGELES – Cheech and Chong’s Global Holding Company has entered a strategic partnership with Breakthru Beverage Group to bring its line of hemp-derived THC drinks to a much broader audience across key U.S. markets. ...
C-Stores Press Ahead with Hemp-Derived Products as Regulations Tighten
LOS ANGELES – Major convenience store operators keep stocking hemp-derived THC beverages and related items on shelves in states where sales remain legal, even as a federal overhaul set to take effect in November 2026 ...
Auxly Reports Q4 and FY 2025 Financial Results
TORONTO – In the Canadian Cannabis industry that continues to reward discipline and brand strength, Auxly Cannabis Group Inc., known for its focus on consumer-packaged goods and leading brands, has posted solid results for the ...
Canopy Growth Reports Q3 Fiscal 2026 Financial Results
SMITHS FALLS, ON – Canopy Growth Corp. reported its financial results for the third quarter of fiscal 2026, ended December 31, 2025, showing progress in cost control and Canadian operations despite flat overall revenue. Consolidated ...
NY Cannabis Hits First $500M Quarter
NEW YORK – New York's legal Cannabis market set a new record by closing 2025 with its first quarter exceeding $500 million in sales, positioning the state for continued strong performance into 2026. The Office ...
Dutchie Launches Round Up the Change for Cannabis Justice
BOSTON – Dutchie, the Cannabis e-commerce and point-of-sale platform, has rolled out Round Up the Change, a straightforward new feature that lets customers turn pocket change into support for Cannabis justice reform and legalization. The ...
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...
Legal Cannabis Sales Are on Track to Rebound in 2026, Whitney Economics Forecasts
NEW YORK – After a year that delivered the first outright decline in nationwide legal Cannabis revenue since the modern regulated market took shape more than a decade ago, the industry is receiving a measured ...
Rubicon Organics Reports Q4 and FY 2025 Financial Results
VANCOUVER – In a Canadian Cannabis market that continues to reward quality and consistency, Rubicon Organics Inc. has posted a solid set of full-year results that underscore its position as a leader in the premium ...
Cannabist Strikes Deals to Exit Ohio and Delaware
CHELMSFORD – The Cannabist Co. Holdings Inc. signed definitive agreements to sell its Cannabis businesses in Ohio and Delaware and has started voluntary proceedings under Canada’s Companies’ Creditors Arrangement Act (CCAA) to support those deals ...
Ukraine Parliament Gives Initial Approval to Medical Cannabis Legalization Proposal
KYIV-- The Ukraine Parliament has taken a significant step towards the legalization of medical cannabis by granting initial approval to a proposed legislation. The bill, which still requires potential amendments and a second reading, must ...
Record-Breaking Cannabis Sales in Massachusetts Reach $151.8 Million in June
BOSTON-- Massachusetts witnessed an extraordinary surge in cannabis sales during the month of June, with total transactions reaching a remarkable $151.8 million, as reported by state figures. This impressive figure consists of $132.8 million in ...
States Collaborate with Federal Regulators in Sharing Cannabis Data for Rescheduling Review
LOS ANGELES-- In a significant development, several states with medical cannabis programs have collaborated with U.S. health regulators to provide crucial data regarding cannabis use and its impact on patients. This information, including details about ...
Virginia’s Cannabis and Hemp Markets Face Regulatory Uncertainty
LOS ANGELES-- The cannabis and hemp markets in Virginia are facing significant turmoil due to regulatory uncertainty perpetuated by the state's Republican leadership. The previously anticipated launch of recreational cannabis sales in January 2024 is ...
Illinois Social Equity License Winners Face Challenges in Opening Cannabis Shops
ILLINOIS-- The 55 winners of the upcoming Illinois social equity license lottery, set to be announced on Thursday, may encounter difficulties in successfully launching their cannabis businesses. Historical data indicates that only a fraction of ...
Maryland’s First Week of Adult-Use Cannabis Sales Tops $20 Million
LOS ANGELES-- Maryland's cannabis retailers reported a remarkable achievement, with nearly $21 million in combined sales of medical and recreational cannabis products during the state's inaugural week of adult-use sales. Andrew Garrison, Chief of Policy ...
FDA and FTC Warn Companies Selling Delta-8 THC Foods for Safety Violations
LOS ANGELES-- The U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have jointly taken action against six companies for illegally selling food products containing delta-8 THC, a hemp-derived compound. Warning letters ...
Pennsylvania Senate Committee Advances Proposal for Expanded Medical Cannabis Access
HARRISBURG-- The Pennsylvania Senate Law & Justice Committee has taken a significant step forward by approving a proposal that would grant physicians the authority to certify patients for the state's medical cannabis program based on ...
Wholesale Cannabis Prices in Michigan Show Signs of Stability
MICHIGAN - Wholesale prices for cannabis flower in Michigan have recently shown signs of leveling off and even a slight uptick, providing a glimmer of hope for producers who have endured a significant decline in ...
New York Gov. Kathy Hochul’s Office Delays Plans for Cannabis Farmers Markets
NEW YORK - Plans for cannabis farmers markets in New York State have hit an impasse as Gov. Kathy Hochul's office puts the idea on hold indefinitely. The proposal, initially introduced by state regulators in ...
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 ...
