Consumer Research
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 ...
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 ...
Chairman of High Times Parent Company to Plead Guilty in Fraud Scheme
LOS ANGELES-Adam Levin, chairman of Hightimes Holding Corp., has agreed to plead guilty to conspiracy charges involving a scheme to pay an investment analyst to promote the company’s stock without disclosing the compensation. According to ...
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 ...
Curaleaf Secures Massachusetts’ First Cannabis Research License
LOS ANGELES- In a significant development for the cannabis industry, Curaleaf Holdings, Inc., a leading multistate operator, has secured Massachusetts' inaugural cannabis research facility license. The Massachusetts Cannabis Control Commission (CCC) unanimously approved the license ...
Cybin Reports 79% Remission in MDD with CYB003, Prepares for Phase 3 Trials
LOS ANGELES- Cybin Inc., has announced promising results from its Phase 2 study of CYB003, a proprietary deuterated psilocybin analog developed for the treatment of major depressive disorder (MDD). The study demonstrated that 79% of ...
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 ...
Psilocybin Therapy Shows Promise for Pandemic-Induced Depression in Healthcare Workers
LOS ANGELES- Recent studies indicate that psilocybin-assisted psychotherapy may alleviate depression among healthcare professionals affected by the COVID-19 pandemic. A randomized clinical trial conducted by the University of Washington involved 30 frontline clinicians experiencing moderate to ...
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 ...
Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc., brokers in the sales and marketing of specialty, natural, ...
Jushi Holdings Inc. Settles Lawsuit with Large Multi-State Operator
BOCA RATON, Fla., - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that it entered into a confidential settlement agreement with Curaleaf Holdings, Inc. and with Jushi’s former Chief Financial Officer, ...
MariMed Reports Second Quarter 2022 Earnings
NORWOOD - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. “We executed on our ...
WWE Superstar Bill Goldberg Launches Partnership With CBD Wellness Brand Gallant and Hemp2lab
NEW YORK - Bill Goldberg, WWE Hall of Famer is making the transition from the squared circle to the wellness mat. Goldberg is redefining himself through his partnership with Hemp2Lab to launch a new wellness ...
Curaleaf Reports Second Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended ...
$17.24 Billion Global Industrial Hemp Market Size Rise at +16.9% CAGR by 2028
NEW YORK, United States - Facts and Factors has published a new research report titled “Industrial Hemp Market By Application Prospects (Paper, Personal Care, Automotive, Textiles, Food & Beverages, Animal Care, Furniture, Construction Materials, and ...
Ice Cream Legends Emack & Bolio’s Team Up With MariMed To Launch THC-infused Ice Cream
BOSTON– MariMed, a multi-state cannabis operator focused on health and wellness, announced a joint collaboration with Boston ice cream brand Emack & Bolio’s to create a line-up of cannabis-infused vegan and dairy ice cream in ...
COMPASS Pathways Announces Q2 2022 Financial Results and Business Highlights
LONDON, UK– COMPASS Pathways plc (Nasdaq: CMPS), a health care company dedicated to accelerating innovation in mental health, today reported its financial results for the second quarter 2022 and gave an update on recent progress ...
Canopy Growth Corporation Reports First Quarter Fiscal Year 2023 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022. All financial information in this press release is reported in Canadian ...
MSO Green Thumb Industries Q2 2022 Results Beats Top and Bottom Lines
CHICAGO and VANCOUVER, BC– Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the second quarter ended ...
Kenya Presidential Wildcard Vows to Erase Debt with The ‘Ganja Solution’
NAIROBI- George Wajackoyah, (main image) a reggae enthusiast and presidential contender, believes he has the cure for the problems plaguing Kenya's voters: a dose of cannabis and some hyena testicles. The richest nation in East ...
MariMed and Emack & Bolio’s Launch New Line-Up of Cannabis Infused Ice Creams
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), announced the availability of a new and scrumptious cannabis-infused ice cream. MariMed collaborated with the legendary Boston ice cream brand Emack & Bolio’s® to develop and ...
Ayr Wellness Brings Cannabis Brand LIT To Massachusetts
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has expanded its extensive branded-product portfolio with the flower brand, LIT. LIT originally launched in Nevada, produced by ...
PharmaCielo Announces First Shipment to Mexican Joint Venture Partner
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced its first shipment of ...
The Valens Company Announces Results of Annual General Meeting of Shareholders
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) a manufacturer of cannabis products, today announced the voting results from its Annual General Meeting of Shareholders, held by way of live audio webcast ...
Global CBD Market Report 2022: Featuring Key Players Canopy Growth Corporation, High Tide, Aurora Pharmaceutical & others
Dublin - In 2021, the global CBD market was valued at US$4.20 billion. The market is projected to reach US$12.64 billion by 2026.The growing regulatory approvals is a major driver of the market. The CBD ...
Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages
NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced that Fresh Hemp ...
Green Thumb Industries Reports Second Quarter 2022 Results
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for ...
Canadian Cannabis Company Tilray Posts $434 Million Net Loss for 2022
NEW YORK- Canadian cannabis and alcoholic beverage firm, Tilray Brands, revealed financial losses of $457.8 million for the third quarter and $434 million for the full 2022 fiscal year. This is in contrast to their ...
Three English Held Over California Cannabis Imports Into Britain
BLACKPOOL, ENGLAND- Police confiscated cannabis products that were sent from the United States, from California, and three English citizens were detained as a result. Three searches were conducted in Blackpool, a well-known tourist destination in ...
NCRPS Acquires Wholesale Rights to the MG Payments E-wallet, Mobile Banking and POS Solution
DURANGO, Colo. - National Cannabis Risk Prevention Services (NCRPS) has agreement with MG Payment LLC to acquire the wholesale/re-sale rights its e-wallet, mobile banking, and point of sale cannabis payment processing platform. The acquisition will ...
CBD Vape Oil Market Size, Share, Growth and Forecast, 2028
Pune - The latest global CBD Vape Oil Market research report 2022 provides detailed information about the market overview, modern trends, demand, and recent development affecting the market growth during the upcoming year. CBD Vape ...
The Unfulfilled Promised of California’s Cannabis Market
SACRAMENTO–It’s been 6 years since Proposition 64 in 2016, made cannabis usage for recreational purposes legal in California. California had become overrun with cannabis due to lax restrictions on the purchase of authorized medicinal cannabis ...