Consumer Research
LEEF Brands Reports Q2 2026 Financial Results
VANCOUVER – LEEF Brands Inc. posted gross profit up 62% ...
Vireo Growth Completes Purchase of Leased NY Cannabis Facility
MINNEAPOLIS – Vireo Growth Inc. has completed the acquisition of ...
Village Farms Brings Home Producer of the Year Award
LONDON-VANCOUVER – Village Farms International Inc. was named Producer of ...
Glass House Brands Reports Q4 and FY 2025 Financial Results
LONG BEACH – In a sector still adjusting to ongoing wholesale pricing pressures in California, Glass House Brands Inc. has released its fourth-quarter and full-year 2025 earnings, showcasing the effects of deliberate operational decisions and ...
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 ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
The Garden Returns: Spiritual Plants Launches a New Category of Plant Medicine Rooted in Ritual, Not Recreation
LOS ANGELES, CA — Spiritual Plants today announced its formal market entry as a belief-driven plant medicine platform built around ritual, intention, and repeatable practice—not recreational hype or potency escalation. Founded by cultural strategist and ...
Cronos Introduces Premium Brand to Israeli Medical Cannabis Market
TORONTO – Cronos Group Inc. has launched its premium Cannabis brand in Israel, making five indoor-grown strains available to medical patients through pharmacies across the country. The announcement represents the latest step in Cronos' strategy ...
Washington Senate Committee Advances Home Cannabis Cultivation Bill
WASHINGTON – The Washington State Senate Labor & Commerce Committee has approved Senate Bill 6204, advancing legislation that would permit adults 21-plus to grow limited amounts of Cannabis at home for personal use. Introduced in ...
Bipartisan Bill to Delay Hemp Ban Gains 36 Congressional Sponsors
WASHINGTON – Bipartisan legislation to postpone tightened federal rules on hemp products has now secured backing from 36 lawmakers across both chambers of Congress. The Hemp Planting Predictability Act would extend the effective date of ...
PharmaCann to Shut Down its Denver Cannabis Grow Facility
DENVER – Chicago-based PharmaCann Inc., one of the largest privately held and vertically integrated Cannabis companies in the United States, has notified Colorado officials that it will permanently [?] close its major cultivation site in ...
South Carolina Senate Approves Bill to Keep Hemp THC Drinks and Gummies Legal
COLUMBIA – The South Carolina Senate voted 35-4 to advance a bill that would maintain legal access to hemp-derived THC beverages and gummies for adults while setting strict caps on potency and sales channels. The ...
Curaleaf Holdings, Inc. Announces Launch of Adult Use Cannabis Sales in Maryland
LOS ANGELES-- Curaleaf Holdings, Inc., a provider of cannabis products, has revealed its plans to initiate adult use cannabis sales at all four of its dispensaries in Maryland on July 1, coinciding with the state's ...
StateHouse Holdings Inc. Reports Revenue Growth in Q1 2023, Debt Concerns Remain
LOS ANGELES-- StateHouse Holdings Inc. announced a 42% increase in revenues to $24.7 million for the first quarter ending March 31, 2023. Retail revenues also experienced substantial growth, rising 58% to $14.4 million compared to ...
Maryland Prepares for Launch of Recreational Cannabis Market on July 1
LOS ANGELES-- Maryland is gearing up for the launch of its state-legal recreational cannabis industry on Saturday, July 1, signaling a shift from its portrayal in HBO's The Wire to a regulated market for adult-use ...
Glass House Brands Files Defamation Lawsuit Against Catalyst Cannabis Over Illicit Market Claims
LOS ANGELES-- California-based Glass House Brands Inc. has taken legal action against Catalyst Cannabis and its leadership, filing a defamation lawsuit in response to allegations made by Catalyst that Glass House is the "biggest black ...
North Carolina Advances Bill to Regulate Hemp-Derived Cannabis and Kratom Products
LOS ANGELES-- In a significant development for the hemp industry, a bill aimed at regulating hemp-derived cannabis and kratom products has successfully passed the House Judiciary Committee in North Carolina. This milestone positions the bill ...
Colombian Lawmakers Narrowly Reject Bill for Legal Cannabis Sales
LOS ANGELES-- In a close vote of 47-43, Colombian lawmakers fell short of passing a bill that would have legalized adult-use cannabis sales nationwide. Although the measure received a majority of support in the chamber, ...
Florida Governor Ron DeSantis Signs Legislation Granting Medical Cannabis Licenses to Black Farmers and Expanding Telehealth Renewals
TALLAHASSEE - Florida Governor Ron DeSantis has signed a bill into law that aims to address longstanding inequities in the state's medical cannabis industry. The legislation provides medical cannabis cultivation licenses specifically to Black farmers ...
Tennessee Implements 6% Sales Tax on Hemp-Derived Cannabinoid Products as of July 1
NASHVILLE-- Tennessee residents purchasing products containing hemp-derived cannabinoids, including CBD, delta-8 THC, delta-9 THC, and delta-10 THC, will soon face an additional 6% "privilege" sales tax starting July 1. The state's Department of Revenue has ...
Ayr Wellness Secures Debt Reprieve of $69 Million Through Strategic Agreements Amid Acquisitions
MIAMI - Ayr Wellness, a multistate cannabis company, has successfully negotiated agreements to defer principal and amortization payments on debt obligations totaling approximately $69 million by two years. These deferrals were achieved through amendments to ...
TerrAscend Boosts Equity and Debenture Offering to $20 Million, Accelerating Expansion Plans
LOS ANGELES-- North American cannabis multistate operator, TerrAscend, has announced an increase in its previously announced equity and debenture offering from $15 million to $20 million. According to a news release issued on Monday, the ...
Cannabis Industry Faces Legal Challenge as Anti-Cannabis Activists File Lawsuit in New York
NEW YORK-- A coalition comprising anti-marijuana activists and nonprofits has recently taken legal action against the state of New York, aiming to reinstate cannabis prohibition and roll back the legalization law enacted in 2021. The ...
Los Angeles Law Enforcement Prioritizes Magic Mushroom Seizure Over More Dangerous Substances
Los Angeles-In a recent display of law enforcement priorities, the Los Angeles Police Department (LAPD) has made headlines for the confiscation of a substantial quantity of magic mushrooms. This seizure comes amid growing concerns about ...
California’s Leading Cannabis Distributor HERBL Faces Spectacular Collapse, Leaving Brands Unpaid
Los Angeles-In a stunning turn of events, HERBL, California's largest cannabis distributor, has collapsed, leaving a trail of unpaid brands and an uncertain future for the state's thriving cannabis industry. The sudden demise of HERBL, ...
FDA Releases Draft Guidance on Psychedelic Research, Paving the Way for Future Clinical Trials
LOS ANGELES-- The U.S. Food and Drug Administration (FDA) has taken a groundbreaking step in the field of psychedelic research by releasing a draft guidance document aimed at providing recommendations to researchers exploring the potential ...
Colorado Governor Jared Polis Announces Plans to Pardon Convictions Related to Psychedelics
DENVER - In a groundbreaking move, Governor Jared Polis of Colorado (D) unveiled his intention to issue pardons for all criminal convictions in the state pertaining to psychedelic drugs. The announcement came during his speech ...
Minnesota Embraces Cannabis Legalization, Paving the Way for Lucrative Business Ventures
MINNEAPOLIS - In a significant development, Minnesota has joined the ranks of adult-use cannabis states, creating a promising landscape for potential business opportunities. After months of legislative deliberation, the state became the 23rd in the ...
Canopy Growth Corporation Reports Declining Revenue
TORONTO — Canopy Growth Corporation, a leading player in the Canadian cannabis industry, announced steep losses exceeding C$3 billion in its recent financial report. Despite a 14% decline in revenue for the fourth quarter ending ...
Canopy Growth Corporation Reports Declining Revenue
TORONTO — Canopy Growth Corporation, a leading player in the Canadian cannabis industry, announced steep losses exceeding C$3 billion in its recent financial report. Despite a 14% decline in revenue for the fourth quarter ending ...
TerrAscend Receives Conditional Approval for TSX Listing, Announces Private Placements in Strategic Move for Cannabis Industry Expansion
TerrAscend Corp., a cannabis operator in North America, has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX), according to an announcement made by the company on Wednesday. This development, ...
New York’s Adult-Use Cannabis Program Falls Short of Tax Revenue Targets, Report Reveals
NEW YORK-- New York's nascent adult-use cannabis program has faced significant challenges in meeting its projected tax revenue targets, according to a recent report released by the Coalition for Access to Regulated & Safe Cannabis ...
Minnesota Craft Brewers Embrace New Cannabis Law, Expanding Opportunities for Low-Dose THC Beverages
LOS ANGELES-- Minnesota's craft brewing industry is abuzz with excitement following the enactment of a new cannabis law in the state. Industry leaders actively sought further regulations regarding THC-infused beverages and expressed their satisfaction with ...
California Department of Cannabis Control Awards $4.145 Million in Grants to Expand Access to Regulated Cannabis Retail
LOS ANGELES-- In an effort to bolster access to licensed retail cannabis, the California Department of Cannabis Control (DCC) announced on Tuesday that it has granted a total of $4.145 million to 18 municipalities across ...
Canada House Cannabis Group Announces Restatement of Financial Statements to Rectify Accounting Errors
LOS ANGELES-- Canada House Cannabis Group Inc. announced today the filing of a restatement of its unaudited condensed consolidated financial statements for the six months ended January 31, 2023, and 2022. The restatement, referred to ...
Acreage Holdings Optimizes Board of Directors as it Prepares for Acquisition by Canopy USA
LOS ANGELES-- Acreage Holdings, a New York-based cannabis multistate operator, has taken steps to streamline its board of directors in preparation for its impending acquisition by Canopy USA, the American subsidiary of Canadian producer Canopy ...
Nevada Enacts Comprehensive Cannabis Reform, Expanding Possession Limits and Easing Industry Restrictions
NEVADA-- In a significant development for the cannabis industry, Nevada Governor Joe Lombardo, a Republican, signed an omnibus cannabis bill into law last week. The new legislation, which was sponsored by state Senator Dallas Harris, ...
