Consumer Research
Verano Reports Q4 and FY 2025 Financial Results
CHICAGO – Verano Holdings Corp. released its financial results for ...
Village Farms Takes Top Honor at BC Export Awards
VANCOUVER – Village Farms International Inc. secured the 2026 BC ...
Chicago City Council Sets Intoxicating Hemp Products Off Limits, Beverages Still in The Game
CHICAGO – The City Council voted 32-16 to restrict sales ...
MariMed Steps Away from Missouri Operations
NORWOOD – In a sharp turn from expansion plans, MariMed Inc. announced it is shutting down its Missouri operations, ending a yearlong effort to build a foothold in the state's burgeoning recreational market and opting ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its Cannabis sector for economic relief, the Lebanese government established a dedicated committee to regulate the cultivation and sales of Cannabis under a long-dormant 2020 law. ...
Verano Shareholders Approve Corporate Home Relocation to Nevada
CHICAGO – Verano Holdings Corp. secured strong backing from investors to move its parent company's legal base from British Columbia, Canada, to Nevada. The approval came during a special shareholder meeting, clearing a key hurdle ...
Cultivation Sector Outshines Modest Cannabis Capital Drop, Viridian Capital Advisors Reports
LOS ANGELES – Capital raising in the Cannabis industry has dipped slightly this year, with year-to-date (YTD) totals reaching $1.54 billion as of September 2025, a 2.4% drop from $1.58 billion in the same period ...
Delaware OMC Reports $7.4M in First Month of Recreational Cannabis Sales
DOVER – Retailers in Delaware sold about $7.4 million worth of Cannabis products in the first month after recreational sales began on August 1, according to a report from the state's Office of the Marijuana ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
NY Regulators Delay Hearing in Bid for Settlement with Cannabis Dispensary Owners
NEW YORK – New York state Cannabis regulators have postponed a key hearing on a disputed proximity rule, aiming to negotiate a resolution with affected dispensary operators. The move comes after a lawsuit from business ...
Whiskey Maker Trims Footprint as Buyers Turn to Cannabis
SEATTLE – Heritage Distilling Company, a craft spirits producer based in the Pacific Northwest, disclosed plans this week to streamline its operations, pointing to changing buyer habits that favor Cannabis products over traditional liquor. The ...
Circle K Eyes National Expansion for Hemp THC Drinks in 2026
LOS ANGELES – Circle K, the convenience store chain with nearly 7,000 locations across the United States, disclosed plans this week to distribute hemp-derived THC beverages in up to 3,000 stores starting next year. The ...
Manitoba Cannabis Sales Accelerate, Leaving Liquor in the Rearview
WINNIPEG – Cannabis revenues in Manitoba posted double-digit gains, handily surpassing liquor sales and underscoring the steady climb of the province's legal Cannabis trade. Manitoba Liquor & Lotteries, the corporation charged with distributing both products, ...
Pennsylvania Lawmakers Consider State-Run Liquor Stores as Potential Cannabis Retailers
PENNSYLVANIA-- As Pennsylvania's governor introduces a budget with details for taxing adult-use cannabis, lawmakers are exploring different options for how a recreational market could be structured. Among those options is allowing state-run liquor stores to ...
Disproportionate Cannabis Drug Testing Among Black and Hispanic Mothers During Labor and Delivery
LOS ANGELES-- A recent study published in the journal Hospital Pediatrics has revealed that a disproportionate number of Hispanic or African American patients are subjected to Cannabis-specific drug screening during the labor and delivery process. ...
Three States Progress Towards Legalizing Cannabis for Adults
LOS ANGELES-- Three US states are making progress in legalizing cannabis possession for people aged 21 and above, as the debate on cannabis legalization continues across the country. In Hawaii, lawmakers have passed Senate Bill ...
Justice Department Appeals Ruling Overturning Federal Ban on Firearms for Cannabis Users
WASHINGTON, DC--The Justice Department is fighting back against a recent ruling that overturned a longstanding federal law banning cannabis users from possessing firearms. In early February, a federal judge in Oklahoma deemed the 1968 law ...
Observational Study Finds Medical Cannabis Products Improve Health-Related Quality of Life in Patients with Chronic Illnesses
LOS ANGELES-- A new study has found that medical cannabis products are generally well-tolerated and can lead to significant improvements in the health-related quality of life of patients. The research, published in the journal Expert ...
Missouri’s Adult-Use Cannabis Program Impacts Illinois’ Out-of-State Sales
ILLINOIS-- Missouri’s new adult-use cannabis program may be impacting the sales of legal retailers in neighboring Illinois. According to a monthly report from the Illinois Department of Financial and Professional Regulation, total recreational cannabis sales ...
Psychedelic Startups Turn to Stock Payments to Address Financial Struggles
LOS ANGELES-- Psychedelic medicine companies are facing financial challenges due to the long runway to commercialization. Unlike cannabis, which saw rapid changes in laws, quick establishment of programs, and the issuance of thousands of licenses, ...
Skymint, One of Michigan’s Largest Cannabis Companies, Under Control of Receiver Amid Industry Pressures
MICHIGAN-- Skymint, one of Michigan's largest cannabis cultivators and retailers, is now under the control of a receiver as the industry faces an increasingly difficult market in the state. The Ingham County Circuit Court in ...
Oklahoma Rejects Adult-Use Cannabis Legalization, Industry to Remain Medical-Only
OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for ...
Female-Owned Cannabis Startups Struggle to Secure Funding
LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding ...
New York Doubles Number of “Justice-Involved” Cannabis Retail Permits in Effort to Expand Market and Increase Social Equity
NEW YORK-- New York’s state Cannabis Control Board has announced it will double the number of “justice-involved” retail permits from 150 to 300, in an effort to expand the market and support social equity retailers. ...
Adastra Holdings receives permission to sell cocaine and psilocybin for medical purposes only
LOS ANGELES-- Adastra Holdings, based in British Columbia, has announced that it has been granted permission by the Canadian federal government to sell both cocaine and psilocybin. However, Health Canada, the federal agency governing the ...
Cannabis firms turn to Republic for fundraising under crowdfunding scrutiny
LOS ANGELES-- Republic, a relatively new source of lower-level direct investing for businesses, has become a popular platform for cannabis companies seeking capital. At least 18 cannabis firms have launched campaigns on the platform, which ...
Las Vegas Approves Cannabis Lounge Regulations
LAS VEGAS- In a historic move, the Las Vegas City Council voted 4 to 1 in favor of authorizing cannabis consumption lounges within the city limits today. While San Francisco is the first city in ...
Nalu Bio Raises $12 Million in Series A Funding Round to Scale Production of Synthetic Cannabinoids
SAN FRANCISCO-- A based producer of synthetic cannabinoids, Nalu Bio, announced on Tuesday that it had raised $12 million in a Series A funding round, led by Intrinsic Capital Partners, a Pennsylvania-based investment firm focused ...
Virginia Passes Tough New Restrictions on Delta-8 THC Products
RICHMOND-- Virginia lawmakers have approved strict new regulations on products containing delta-8 THC, a hemp-derived cannabinoid. The legislation, which was hammered out on the last day of the General Assembly session, will require sellers of ...
RIV Capital CEO Departs, Revenue Shows Slight Improvement in Q3 2022, and Company Looks to Unlock Intrinsic Value
LOS ANGELES-- Canadian cannabis investment company RIV Capital announced on Tuesday that CEO Mark Sims was leaving the company with immediate effect. The departure came as the company revealed its financial results for the quarter ...
Growing Basics – Gas Lantern Technique
Grower Essentials: The Gas Lantern Technique Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some ...
Green Thumb Industries Generates $1B in Revenue for 2022, Posts Profit Despite Q4 Losses
LOS ANGELES-- Green Thumb Industries Inc. a cannabis producer and retailer in the US, announced that it hit $1 billion in revenue for 2022, a year marked by growth and challenges in the cannabis industry. ...
Cresco Labs and Columbia Care Extend Closing Date for $2 Billion Megadeal Amid Regulatory Approvals and Divestiture Concerns.
NEW YORK-- Cresco Labs and Columbia Care Inc., the parent company of Sunnyside dispensaries and Cannabist respectively, have agreed to extend the closing date of their $2 billion, all-stock megadeal to June 30, 2023. Despite ...
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 ...
