Consumer Research
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and ...
Village Farms International Reports Q2 2025 Financial Results
VANCOUVER – Village Farms International, Inc. reported its financial results for the second quarter of 2025, indicating record profitability and performance of strategic shifts, including the privatization of parts of its produce segment, which has ...
Canopy Growth Corp Reports Q1 FY2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. released its financial results for the first quarter of fiscal year 2026, ending June 30, 2025, showcasing a 9% increase in net revenue to $72.1 million compared to $66.2 ...
Case Study: Grupo Flor: A Cannabis Turnaround Driven by Strategic Focus
SALINAS- When Mark Collins joined Grupo Flor as Chief Financial Officer, the California-based vertically integrated Cannabis company was in severe financial and operational distress. The business held multiple licenses across retail, cultivation, manufacturing, and distribution—far ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Minnesota Enacts Law Enhancing Employment Protections for Medical Cannabis Patients
LOS ANGELES— A new Minnesota law, Senate File 2370 (SF 2370), which took effect on May 24, 2025, introduces expanded employment protections for registered medical cannabis patients. Under the law, employers must now provide a ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Cresco Labs Reports Q2 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its Q2 2025 financial results, revealing a mix of operational stability, revenue headwinds, and a pivotal debt restructuring. The company reported revenues of $164 million, down 11% from $184 ...
Charlotte’s Web Announces US$56.8 Million Investment from BAT
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. announced a US$56.8 million investment from a subsidiary of BAT (LSE: BATS) and (NYSE: BTI), which provides the Company with incremental capital to fund growth ...
Curaleaf Unveils Strategic National Rebrand for Grassroots
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, today announced the national rebrand of its Grassroots premium cannabis flower brand, and shared details on the brand's ...
Jushi Holdings Inc. Reports Preliminary Third Quarter 2022 Financial Results
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), announced certain preliminary financial results for the quarter that ended September 30, 2022. The Company also announced that it is in the process of ...
Verano Announces Third Quarter 2022 Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its financial results for the third quarter that ended September 30, 2022, which were prepared in accordance with U.S. Generally Accepted ...
Global CBD Ingredients Market Analysis Report 2022-2030
DUBLIN - The study includes analysis and discussion of growth drivers and restraints, challenges and trends, market sizing and forecasts, supply chain, regulatory environment, competitive environment, and regional dynamics. It concludes with a discussion of ...
$3.6 Billion Worldwide Cannabidiol Oil Market to 2027
Dublin - The Global Cannabidiol Oil Market is estimated to be USD 1.09 Bn in 2022 and is expected to reach USD 3.64 Bn by 2027, growing at a CAGR of 27.28% Market Dynamics Market ...
Colorado Leads The Way To Legalizing Psychedelic Medicine
DENVER –In this week's midterm elections, the Mile High State of Colorado appears to be on track to legalize magic mushrooms after the group opposing the ballot question conceded defeat. Though the result was still ...
Cannabis Extract Market to Hit $15.5 Billion by 2030
SAN FRANCISCO - The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. According to a new report by Grand View Research, Inc, it is expected to expand at a ...
4Front Ventures Diversifies Brand and Product Portfolio in California
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), announced that it has expanded its offerings in California with the addition of the Bloom Farms and Bloom Farms Wellness brands to its portfolio following the ...
Legal Marijuana Market Growth US$ 148070 Million by 2028
Pune - Legal Marijuana market report shares valuable information about global development status, opportunities, and challenges in near future, as past data analyzed by industry experts which is helpful for you to take needful discussions. ...
Cannabis Testing Market Size to Grow Nearly 3 Bn by 2028 with a CAGR of 10.1%
New York - According to The Insight Partners new research study titled "Cannabis Testing Market Size, Share, Growth and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Type, End User, Portability, ...
Portuguese Health Authority Grants Clever Leaves EU-GMP Certification for Post-Harvest Cannabis Flower
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its facility in Portugal has been granted EU-GMP certification by the Portuguese Health ...
Texas Cities Vote To Stop Punishment for Cannabis Possession
DALLAS– Five Texas communities had their municipal ballot measures approved by voters, ending local enforcement of minor cannabis infractions. The propositions were approved by voters in the cities of Denton, Killeen, San Marcos, Elgin, and ...
Maryland Becomes 20th State to Legalize Cannabis for Adult Use
ANNAPOLIS–Maryland voters overwhelmingly approved a referendum (Question 4) directing state lawmakers to establish rules and regulations governing the production and sale of cannabis to adults. “Maryland voters have overwhelmingly rejected the failed policy of prohibition ...
Study: Cannabis Use Inversely Associated with Hypertension in HCV Patients
MARSEILLE, FRANCE–According to studies reported in the Journal of Clinical Medicine, HCV (Hepatitis C virus)-infected people who use cannabis are less likely than non-users to experience hypertension or other metabolic abnormalities. In a cohort of ...
Study: Inhaled Cannabis “Safe and Effective” for Treating Chronic Low Back Pain
HAIFA, ISRAEL– According to observational trial data published in the Israeli journal Rambam Maimonides, inhaling cannabis flower with a high THC content safely reduces symptoms of chronic lower back pain in a way that is ...
Analysis: Consumers’ Cannabis Purchasing Patterns Are Determined By Price, Ease of Access
TORONTO –According to statistics published in the Journal of Studies on Alcohol and Drugs, consumers' choices regarding whether to buy cannabis products from the legal market or the unregulated market are most driven by price ...
Study: Adult-Use Legalization Doesn’t Influence Children’s Attitudes Toward Cannabis
BOSTON– According to studies reported in the journal Cannabis and Cannabinoid Research, the adoption of state-level laws legalizing cannabis for adults had little impact on early adolescents' opinions toward its possible hazards. Over a three-year ...
CBD Gummies Market Size is Positioned to be worth US$ 7.27 Bn 2022-32
DUBAI, United Arab Emirates - The global CBD gummies market is set to witness an impressive growth rate of 29% over the projected years of 2022 to 2032. The CBD gummies market size is anticipated ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and ...
The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market ...
Global Cannabis Market Report 2022 to 2027
Dublin - The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market Dynamics Market dynamics ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of ...
Powering Possibilities With Sean ‘Diddy’ Combs
CALGARY, AB, Nov. 2022. Sean "Diddy" Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This ...
