Consumer Research
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp ...
Australian MP Proposes Cannabis Decriminalization
LOS ANGELES- An Australian Member of Parliament has introduced a ...
Entourage Health Expands Senior Secured Credit Facility
LOS ANGELES- Entourage Health Corp., a Canadian producer and distributor ...
New York Supreme Court Halts Warrantless Raids on Licensed Hemp Retailers
LOS ANGELES- In a recent decision, New York State Supreme Court Justice Thomas Marcelle issued an injunction against the New York State Cannabis Control Board (CCB), the Office of Cannabis Management (OCM), and the New ...
Indiana Legislators Introduce Cannabis Legalization and Psilocybin Research Bills
LOS ANGELES- Indiana lawmakers have initiated efforts to reform the state's drug policies in the 2025 legislative session, introducing several bills aimed at legalizing cannabis and funding psilocybin research. Cannabis Legalization Proposals Senate Bill 113, ...
Colorado Considers Psilocybin Prescription Legislation
LOS ANGELES- Colorado lawmakers have introduced House Bill 25-1063, a bipartisan proposal that would permit the prescription of crystalline polymorph psilocybin—a synthetic form of the psychedelic compound—contingent upon approval by the U.S. Food and Drug ...
French Parkinson’s Patients Indicate Strong Support for Medical Cannabis and CBD Use
LOS ANGELES- A recent study published in Clinical Parkinsonism & Related Disorders reveals that a significant majority of individuals in France diagnosed with Parkinson's disease (PD) are in favor of utilizing medical cannabis and cannabidiol ...
Distru Secures $6 Million Series A to Expand Cannabis ERP Leadership
LOS ANGELES- Distru, a enterprise resource planning (ERP) platform serving the cannabis industry, has successfully secured $6 million in a Series A funding round led by Poseidon Investment Management. This strategic investment aims to bolster ...
DEA Schedules Cannabis Rescheduling Hearings for Early 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has outlined a schedule for witness testimony in the ongoing hearing concerning the potential reclassification of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney ...
Week’s In Review: Ohio Legislature Considers Ban on Intoxicating Hemp Products; Florida’s Cannabis Legalization Measure Fails Despite Majority Support; Climate First Bank Introduces Cannabis-Focused Financial Services in Florida; DEA Postpones Cannabis Rescheduling Hearings to 2025
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
The Rise of a New Era of Consumption: Cannabis-Infused Drinks
LOS ANGELES--Cannabis-infused beverages have rapidly gained traction in recent years as a popular alternative to traditional consumption methods such as smoking and vaping. With the increasing legalization of cannabis in the United States and other ...
What You Need to Know Inventory Management and Cost Accounting
LOS ANGELES—Every entrepreneur, CEO and CFO needs to know that effective inventory management and accurate cost accounting are critical to success in the cannabis and psychedelic industries. As businesses navigate a landscape marked by strict ...
Worried About IRS Audits? What You Need to Know
LOS ANGELES– The cannabis and psychedelics industry is undergoing a remarkable transformation, and as we one step into 2025, the outlook is brighter than ever. With increasing legalization, growing consumer acceptance, and a burgeoning market ...
Tilray Medical Bolsters Market Leading Position in Europe With Market Authorization in Poland
LEAMINGTON, Ontario and CANTANHEDE, Portugal - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced ...
Survey: More Than One-Third of U.S. Cannabis Companies Not Profitable
LOS ANGELES- A recent research dispels any notion that the U.S. cannabis sector is an easy one in which to turn a profit. It will come as no surprise to industry players that 37% of ...
Outlook on the Medical Cannabis Global Market to 2027
DUBLI - The "Global Medical Cannabis Market (2022-2027) by Product Type Outlook, Applications, Form, Compound, End-Users, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The ...
North America, Europe & Asia Pacific $89.9 Billion Legal Cannabis Markets to 2030
DUBLIN - The "North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report by Source Type, by Derivatives, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added ...
Growing an Ounce of Pot Indoors is Like Burning a Full Tank of Gas
LOS ANGELES- Demand for cannabis is rising as more states legalize it for medical and recreational use, and around half of that demand is met by totally indoor grow operations. According to Krista Charles, writing ...
New York Cracks Down on Unlicensed Cannabis Operators
NEW YORK–On Tuesday, just two months after NYC’s Mayor Adams proclaimed that “He Won't Crack Down On Illicit Weed Sales, Tells Big Apple To Light Up & Enjoy,” (https://www.benzinga.com/amp/content/27570305) Police in New York City seized ...
Delic Announces Two Key Executive Appointments
VANCOUVER, BC– Delic Holdings Corp (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), today shared details regarding two executive appointments. Matt Stang, co-founder and CEO of Delic, has been appointed to the role of Executive Chairman. Kevin ...
Study: Hemp Increases Cow Health and Reduces Cow’s Stress & Anxiety
WASHINGTON, D.C. - According to a U.S. government-financed study that was published in Scientific Reports, cannabis affects both people and cows in comparable ways. Since 2020, an investigation into hemp-based cattle feed, funded by the ...
Verano Introduces New Flower and Extract Brand, Savvy, in Seven Core Cannabis Markets
CHICAGO - Verano™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the launch of Savvy, a new brand featuring larger-format cannabis products, catering to more value-oriented patients and consumers. Savvy will be ...
Neptune Reports Fiscal First Quarter 2023 Financial Results
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month period ending June 30, 2022. Statement from Neptune Management and Board of Directors: "The results ...
4Front Ventures Reports Second Quarter 2022 Financial Results
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022. All financial information is presented in U.S. ...
Charlotte’s Web Reveals Premium Sports Product Line Undergoing NSF’s Certification Process
DENVER - (TSX: CWEB) (OTC: CWBHF) Charlotte's Web Holdings, Inc., announced plans to unveil a product line catering to the sports vertical. The products are currently undergoing the NSF for Sport® certification process with NSF, ...
TerrAscend Second Quarter 2022 Revenue Increases 31% Sequentially to $65 Million
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, today reported its financial results for the second quarter ending June 30, 2022. All amounts are expressed in U.S. dollars unless ...
Portable Cannabis Vaporizers Market is Set to Touch US$ 14 Billion valuation by 2031
Seoul, South Korea - The global cannabis vaporizer market is projected to expand 3.5X its value from 2021 to 2031, with demand for temperature-controlled cannabis vaporizers rising as the years go by. The importance of ...
MariMed’s Nature’s Heritage Brand Sponsors Cultivators Cup
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator, announced its Nature’s Heritage brand of craft flower and concentrates is a Presenting Sponsor of Cultivators Cup, the leading cannabis industry festival ...
Ayr Wellness Receives Key Massachusetts Regulatory Approval for Adult-Use Sales in Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission (“CCC” or the “Commission”) has granted a final license for adult-use cannabis at its Sira ...
Clever Leaves Reports Second Quarter 2022 Results
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the second ...
Trulieve Delivers Record Second Quarter 2022 Results Driven by Organic Retail Sales
TALLAHASSEE-- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the U.S., today announced its results for the quarter ended June 30, 2022. Results are reported in U.S. dollars unless otherwise indicated. Q2 2022 Financial Highlights* ...
Jamie Pearson to Step Down as Bhang President/CEO and Director
LAS VEGAS- Bhang Inc. (CSE:BHNG) (OTCQB:BHNGF) ("Bhang" or the "Company") has announced the resignation of President, CEO, and Board Member, Jamie L. Pearson, who has been with the Company since 2015 and has served as President/CEO ...
Akerna Announces Financial Results for Second Quarter 2022
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for ...
Global Medicinal Cannabis Market to Surpass US$ 58MM by 2030
SEATTLE- According to Coherent Market Insights, the global medicinal cannabis market is estimated to be valued at US$ 10,180.17 Million in 2022 and is expected to exhibit a CAGR of 24.4 % during the forecast ...
Verano Releases Signature Reserve and Essence Branded Product Lines in Four Additional Core Cannabis Markets
CHICAGO - Verano™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today announced the Company now offers its namesake Verano signature flower branded products in four new core markets: Arizona, Florida, Massachusetts and ...
Cronos Group Reports 2022 Second Quarter Results
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 second quarter business results. “I am encouraged by the progress we are making to realign our business around our brands to become more ...
Medical Marijuana Market Worth USD 248.42 Billion by 2030 at 31.97% CAGR
New York, USA - Medical Marijuana Market Overview - According to a Comprehensive Research Report by Market Research Future (MRFR), “Medical Marijuana Market Information By Product Type, Application, Distribution, And Region - Forecast till 2030", ...
Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. announced that Curaleaf International Holdings Limited, the company's European holding company, has signed a definitive agreement to acquire a 55% stake in Four 20 Pharma GmbH, a EU-GMP & GDP ...
