Consumer Research
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred ...
Colorado Court Dismisses Mammoth Farms’ Lawsuit Against Marijuana Enforcement Division
LOS ANGELES- A Denver District Court has dismissed a lawsuit ...
Week In Review: The Cannabist Company Receives Court Approval for Corporate Restructuring Plan; Texas Republicans Approve Total Ban on Hemp-Derived THC Products; MariMed Reports Q1 2025 Financial Results
LOS ANGELES — Welcome to the far too-exciting world of ...
Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024
LOS ANGELES- Cresco Labs Inc., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported an operating cash flow of $132 million for ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders
LOS ANGELES- President Joe Biden has commuted the sentences of approximately 2,500 individuals convicted of nonviolent drug offenses, marking a significant use of executive clemency. This action aims to address past disparities in drug-related sentencing, ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
Clinical Trial on Cannabinoids and Sleep Finds Meaningful Improvements
SAN DIEGO - Radicle Science, an AI-driven health tech B-corp offering the first easy path for health and wellness products to prove their true effects, announced today the results of history's first clinical trial comparing ...
Canopy Growth Announces Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and ...
Ascend Wellness Holdings Initiates Leadership Transition Plan
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, today announced that Chief Financial Officer Daniel Neville and President & Co-founder ...
Convenience Store Operators Uniting to Fight Contraband Tobacco Problem Across Canada
ETOBICOKE, ON - Members of the Ontario Korean Businessman's Association (OKBA) and their national partner association, the United Korean Commerce & Industry Association of Canada (UKCIA), are combining resources to fight the negative impact illegal ...
Ovation Science Announces Participation at MJ Unpacked Conference
VANCOUVER, BC and LAS VEGAS, Sept. 27, 2022 Ovation Science Inc a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, today announced it will be participating and be taking new licensee meetings at ...
Former HubSpot General Counsel John Kelleher Joins Dutchie as General Counsel
BEND, Ore., Sept. 27, 2022 Dutchie today announced that John Kelleher will serve as Dutchie's new general counsel. Kelleher will help to guide Dutchie's culture and growth, with a specific focus on compliance, governmental affairs ...
TRP Opens the first dispensary in los Angeles Brentwood Area with Owith Cookies Brentwood
LOS ANGELES, Sept 27, 2022 TRP continues their nationwide expansion on their home turf, as TRP announces Cookies Brentwood is now open and serving one of Los Angeles' most exclusive and picturesque neighborhoods on San Vicente Boulevard. In an industry ...
The Parent Company Completes the Acquisition of Calma
SAN JOSE - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has acquired the remaining 15% equity of its Calma Weho LLC dispensary following receipt ...
Cannabis Beverages Market to Reach USD 19,063.58 Million by 2028 At a CAGR 54.31%
Pune, India - The global cannabis beverages market size was USD 574.90 million in 2020. The market is slated to grow from USD 915.06 million in 2021 to USD 19,063.58 million in 2028 at a ...
TerrAscend and TRP Announce Partnership To Bring Global Cannabis Brand Cookies Into Pennsylvania Market
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has entered into an agreement with TRP - the cannabis holding and operating company with the exclusive rights to ...
Village Farms International Recognized for Canadian Cannabis Business
VANCOUVER, BC, Sept. 26, 2022 Village Farms International, Inc. today announced its wholly owned subsidiary, Pure Sunfarms, ranked as the 17th fastest growing company by the Globe and Mail's Report on Business, which named Canada's Top Growing Companies across all ...
Charlotte’s Web Signs Distribution Agreement with Southern Glazer’s Wine & Spirits
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. has signed a multi-year distribution agreement with Southern Glazer's Wine & Spirits, the distributor of wine and spirits. Charlotte's Web CBD gummies, capsules and oil ...
Cannabis Extraction: Global Markets
New York - The scope of this report is limited and covers global markets for cannabis extraction equipment and services only. The market is divided by equipment, services, methods and region. Projected and forecasted market ...
Global Legal Cannabis Market Analysis Report 2022: A $134.4 Billion Industry by 2030, Growing at a CAGR of Over 25%
Dublin - The global legal cannabis market size is expected to reach USD 134.4 billion by 2030 and is expected to expand at a CAGR of 25.3% from 2022 to 2030 The increased legalization across ...
Canadian Centre on Substance Use and Addiction Looks Forward to Federal Cannabis Act Review
OTTAWA - The Canadian Centre on Substance Use and Addiction (CCSA) welcomes the planned federal cannabis review and looks forward to opportunities to contribute evidence on public health, public safety and equity. This evidence is ...
Trulieve Launches Khalifa Kush Cannabis in Florida Through Exclusive Partnership with Wiz Khalifa
TALLAHASSEE, Fla., Sept. 26, 2022 Trulieve Cannabis Corp. a cannabis company in the United States, today announced the official launch of Khalifa Kush premium medical cannabis products in select Florida retail locations this Saturday, October 1. This is an exclusive partnership ...
RIV Capital Reminds Shareholders to Vote FOR its Board Nominees
TORONTO, Sept. 26, 2022 /CNW/ - RIV Capital Inc. an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic markets across the United States, reminds shareholders ...
Unity Rd.’s Chief Franchise Officer to Present at 2022 Springboard Event
PHOENIX, Sept. 22, 2022 Unity Rd, a national cannabis dispensary franchise in the U.S., announced today that it will be representing the cannabis space at the 2022 Springboard Event during a panel discussion on mergers and acquisitions. ...
Leafythings launches Retailer Support Program to help struggling Ontario Cannabis Store businesses.
TORONTO, Sept. 22, 2022 Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling ...
Notiphy Announces Key Leadership Appointments
CHICAGO, Sept. 22, 2022 Notiphy, a cloud-based work execution and intelligence software for the cannabis and manufacturing sectors, announced two key leadership appointments. Notiphy has added Laurie Parfitt as Chief Marketing Officer and Kerry Jordan ...
Halo Collective Completes Acquisition of Premium Indoor Grow and Distribution Hub in Portland, Oregon
TORONTO, Sept. 22, 2022 Halo Collective Inc. today announced, further to its press release dated August 27, 2021, that it has completed the acquisition of all of the substantial assets of three operating entities doing ...
Canada: Nearly One-in-Ten Cannabis Consumers Engage in Home Cultivation
TORONTO– According to statistics from the journal Addictive Behavior Reports, 10% of Canadian cannabis consumers say they grow their own cannabis at home. Prior to and after adult-use marijuana was legalized in 2018, Canadian researchers ...
Analysis: Incidences of Acute Cannabis-Induced Psychosis Are Uncommon
LAUSANNE, SWITZERLAND: According to research published in the journal Translational Psychiatry, acute psychotic episodes are only sporadically brought on by cannabis use in patients who do not already have a psychiatric disorder. A multidisciplinary group ...
Study: Artisanal CBD-Rich Extracts Show Long-Term Efficacy in Children with Epilepsy
TEL AVIV–(NORML) According to findings published in Pediatric Neurology, long-term treatment with plant-derived CBD extracts is effective for children with refractory epilepsy. Israeli researchers evaluated the efficacy and safety of artisanal CBD-rich extracts in a ...
Aurora Cannabis Delisted From Toronto Stock Exchange
TORONTO: According to the most recent quarterly review made public by S&P Dow Jones Indices, Aurora Cannabis, based in Edmonton, Alberta, has been eliminated from the S&P/TSX Composite Index. The main indicator for Canadian firms ...
