Consumer Research
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred ...
Thailand Moves to Restrict Cannabis Use to Medical Purposes Within 40 Days
LOS ANGELES- Thailand's Public Health Minister, Somsak Thepsutin, has announced ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
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 ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
States Propose Cannabis Tax Hikes Amid Industry Pushback
LOS ANGELES- In Michigan, Governor Gretchen Whitmer's recent $3 billion infrastructure plan includes a proposal to close a cannabis tax loophole, potentially generating an additional $470 million for road repairs. This move has alarmed local ...
British American Tobacco Invests $86.8 Million in Organigram
LOS ANGELES- British American Tobacco (BAT), one of the world's largest tobacco companies, has finalized a strategic investment of approximately $86.8 million (C$124.6 million) in Organigram Holdings Inc., a prominent Canadian cannabis producer. This investment, ...
New Delta 9 Lollipops Are Here – Legal THC Candy Edibles
TAMPA, Fla., Sept. 20, 2022 Mr. Hemp Flower ©, the manufacturer and distributor of high-quality hemp products including CBD flower, CBD oil, and specially formulated CBD, HHC, Delta-8 THC, and Delta-9 THC Gummies, announces the newest additions to its ...
Kiva Sets Industry Precedent with First to Market Donation Program, The Kiva Cares Project, to Provide Essential Cannabis Medicine
OAKLAND, Calif., Sept. 20, 2022 Kiva Confections announced today the official launch of the Kiva Cares Project, a first-of-its-kind corporate commitment and full service donation program that will provide all Out of Spec product and ...
Sana Healthcare set to revolutionise the landscape of UK medical cannabis with new data-backed products
LONDON, Sept. 19, 2022 With the UK medical cannabis market still struggling to reach its full potential, the team at Sana Healthcare has recognised the urgent need to build trust among clinicians and, for the ...
MJ Unpacked Releases Full Speaker Lineup for Las Vegas Show
LAS VEGAS - MJ Unpacked, the first national event created exclusively for cannabis CPG brands, retail executives and accredited investors actively investing in cannabis, announced the speaker lineup and event programming for Sept. 28-30 at ...
Canopy Growth Announces Results of Annual General and Special Shareholder Meeting
SMITHS FALLS, ON, Sept. 19, 2022. Canopy Growth Corporation announced the voting results from its annual general and special meeting of shareholders held on September 15, 2022 (the "Meeting"). A total of 256,426,802 common shares ...
Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma
WAKEFIELD, Mass., Sept. 19, 2022 Curaleaf Holdings, Inc. a provider of consumer products in cannabis, today announced the completion of its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP ...
Managing The Cyclical Nature of The Cannabis Industry for Investors
NEW YORK–Despite the current downturn in cannabis in 2022, the cannabis industry has been flourishing over the last few years. A measure of this is the number of cannabis businesses starting-up has been growing 30% ...
Canada: Most Health Care Providers Unfamiliar with Topics Related to Medical Cannabis
MONTREAL–(NORML) Despite the federal government having legalized patients’ access to marijuana two decades ago, most Canadian health care providers acknowledge that they possess little knowledge about medical cannabis and almost none report having received any ...
Analysis: Adoption of Adult-Use Legalization Associated with Decrease in State-Level Obesity Rates
FARGO, N.D–(NORML) States that license adult-use marijuana sales may experience a decrease in state-level obesity rates, according to data published in the journal Health Economics. Researchers affiliated with North Dakota State University compared obesity rates in Washington state ...
Global CBD Wine Market Is Expected to Reach $112.5 Million by 2031
Portland, OR - According to the report published by Allied Market Research, the global CBD wine market generated $11,100 thousand in 2021, and is estimated to reach $112,458.2 thousand by 2031, witnessing a CAGR of ...
Global Cannabis Beverages Market Report 2022: Market to Reach $2 Billion by 2026
Dublin - Global Cannabis Beverages Market to Reach US$2 Billion by the Year 2026. Amid the COVID-19 crisis, the global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to ...
RIFF Cannabis Brand Launches ‘Drumsticks’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis and consumer packaged goods company, announced that its Canadian cannabis brand, RIFF, launched Drumsticks, a new premium, infused pre-roll with amplified THC potency ...
Report Predicts More Than 100,000 Cannabis Jobs in New York, New Jersey and Connecticut by 2025
SAN DIEGO - CannabizTeam, the cannabis-focused executive search, and staffing firm, today released its 1st Annual Tri-State 2022 Cannabis Industry Salary Guide, a comprehensive report that provides single and multi-state cannabis employers and prospective cannabis ...
54% of Cannabis Users Will Buy Less if Inflation Raises Weed Prices, Survey Finds
TUSTIN, Calif. - A new survey has revealed that if dispensaries raise weed prices to counter inflation, 54% of regular consumers would buy less cannabis. CBD Oracle's survey asked 1,450 Americans in adult-use states about ...
Cannabis Market worth $82.3 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according ...
Kiva Announces Distribution Partnership with CherryWorld
OAKLAND, Calif., Sept. 15, 2022 CHERRYWORLD today announced an exclusive partnership with Kiva Sales and Service (KSS), to launch its brand of high quality indoor flower, fashion apparel, and accessories into the California market. "We're thrilled to help bring CHERRYWORLD ...
Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition
LONG BEACH, CA and TORONTO, Sept. 15, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in ...
Catching the Wave: The International Cannabis Opportunity: Oldham Global Project Wave
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
Ovation Science Strengthens IP Protection with New US Patent
VANCOUVER, BC and LAS VEGAS, Sept. 14, 2022 Ovation Science Inc. a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, is pleased to announce that the U.S. Patent and ...
Cannabis Career Institute Offers the Gold Standard in Cannabis Education
NEWHALL, Calif., Sept. 14, 2022 - Founded in 2009, Cannabis Career Institute is a cannabis education institute. Their experienced coaches can help you find a career in the rapidly-growing cannabis industry, whether you're looking to ...
Can We Use CBD to Treat Symptoms Of Autism Spectrum Disorder?
NEW YORK–It's known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, ...
Organic Hemp Market to surpass USD 360 Million by 2030
SELBYVILLE, Del., - The Organic Hemp Market may register a revenue of more than USD 360 million by 2030, according to a new research report by Global Market Insights Inc. The growing awareness about the ...
Industry Veteran Deborah Johnson Takes the Reins at Council for Federal Cannabis Regulation (CFCR)
WASHINGTON, D.C. (October 17, 2022) – Veteran cannabis industry executive and entrepreneurial VC / investment expert Deborah Johnson will take the reins of CFCR as Interim Executive Director as Sarah Chase transitions to a new leadership position. Chase helped guide the ...
Has Mike Tyson’s Cannabis Gummy Brand Been Knocked Out in Canada?
TORONTO–Mike Tyson's cannabis edibles brand Mike Bites, will reportedly not be sold in Quebec or Alberta by Canadian Cannabis LP, Hexo. According to reporting by the journalist Matt Lamers, in MJBiz Daily, two Canadian regional ...
Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026
LOUISVILLE, Colo. - BDSA announced today an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel, and category. The report projects annual global cannabis sales to grow from ...
