Consumer Research
Aurora Cannabis Reports FY and Fiscal Q4 2026 Financial Results
EDMONTON – Aurora Cannabis Inc. reported its financial and operational ...
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical ...
Lawmakers Press IRS for Clear Tax Rules on State-Legal Cannabis Operations
WASHINGTON – Rep. Steven Horsford (D) and Rep. Steve Cohen ...
Village Farms Brings Home Producer of the Year Award
LONDON-VANCOUVER – Village Farms International Inc. was named Producer of the Year at the 2026 Business of Cannabis Awards, held on May 26 in London's Shoreditch following the opening day of Cannabis Europa Conference at ...
GCNC-Whitney Economics Report Provides Updated Insights on EU & UK Cannabis Markets
LONDON – The Global Cannabis Network Collective (GCNC) and Whitney Economics released What You Need to Know: EU & UK Cannabis Market Update this week at the Cannabis Europa 2026 conference in London, presenting a ...
Chisora Fights Back Against Chronic Pain with New UK Medical Cannabis Platform
LONDON – British heavyweight boxer Derek Chisora has gone public sharing his experience using prescribed medical Cannabis to manage chronic pain and launching a telehealth and patient education platform, WarOnPain, to guide others through the ...
UK Medical Cannabis H1 2025: The Market Still Running on Trust
LONDON – You won't find the echoes of this revolution in the National Health Service (NHS) waiting lists or General Practitioner (GP) surgeries. It lives instead in a constellation of private clinics spread across the ...
Virginia Cannabis Licenses Delayed Again After Spanberger Veto
RICHMOND-Virginia’s long-delayed adult-use Cannabis market has suffered another major setback after Governor Abigail Spanberger vetoed legislation that would have created a regulated retail sales framework for the Commonwealth. The veto means Virginia will remain in ...
Planet 13 Secures Florida Approval for BHO Extraction Lab
LAS VEGAS – Planet 13 Holdings Inc. announced that it has received approval from the Florida Office of Medical Marijuana Use (OMMU) for its butane hash oil (BHO) extraction facility in the state. The approval ...
FDA Grants Breakthrough Designation to Vertanical Cannabis-Based Pain Drug
BERLIN – The U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to VER-01, a Cannabis-derived, non-opioid investigational drug developed by Germany's VERTANICAL for the treatment of chronic low back pain. VER-01 is ...
Vireo Growth Expands into Organic Agribusiness with Bridgewell Acquisition
MINNEAPOLIS – Vireo Growth Inc., which operates cultivation, processing, and retail dispensaries across ten states, signed a letter of intent to purchase Bridgewell Agribusiness LLC from BWAB Holdings LLC. The base purchase price is set ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors received a mix of signals over the last fortnight: from regulatory delays and scientific breakthroughs to market consolidation and a wave of Q1 2026 earnings – all ...
Decibel Reports Q1 2026 Financial Results
CALGARY – Decibel Cannabis Company Inc. posted its financial results for the first quarter of 2026, showing notable gains in both domestic and international operations. The producer highlighted continued momentum from its branded products in ...
Psychedelic Pharmacists Foundation Launches to Advance Education and Research
PORTLAND – The Psychedelic Pharmacists Association (PPA) has launched the Psychedelic Pharmacists Foundation (PPF), a new nonprofit entity focused on education, research, and public awareness of responsible psychedelic medicine integration. The PPF will operate as ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics worlds delivered a fresh wave of momentum that’s turning heads from boardrooms to ballot boxes. States pushed bold new frontiers in therapeutic access, millions of Americans embraced microdosing ...
DOJ Keeps Silent on Cannabis Rescheduling Updates
WASHINGTON – It's been more than 40 days since President Donald Trump signed an executive order calling for the swift rescheduling of Cannabis, yet the Department of Justice (DOJ) remains tight-lipped on any progress. A ...
High Tide Reports Q4 and Full FY 2025 Financial Results
CALGARY – High Tide Inc., the Canadian Cannabis retailer operating the Canna Cabana dispensary chain, released its audited financial results for the fourth quarter and full fiscal year ended October 31, 2025, reporting record revenue ...
Viridian Forecasts Accelerated M&A in Cannabis This Year
LOS ANGELES – Viridian Capital Advisors, a New York-based firm specializing in Cannabis finance and advisory services, has released its Key Insights for the U.S. Cannabis sector in 2026. The firm's analysts forecast a pickup ...
Trulieve Raises $60M in Senior Secured Notes
TALLAHASSEE – Trulieve Cannabis Corp. announced the completion of the second tranche of its private placement of 10.5% senior secured notes due in 2030, generating $60 million in principal. The closing follows the initial issuance ...
Canix Acquires Trym, Fits into Larger Consolidation Pattern in Cannabis
LOS ANGELES – San Francisco-based Canix, a provider of enterprise resource planning (ERP) software for Cannabis businesses, has acquired Trym, a specialized cultivation management platform. The deal combines Canix's comprehensive ERP system [which handles cultivation ...
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets projects the global Cannabis cultivation market to reach $464.91 billion by 2030, up from $207.46 billion in 2025, reflecting a compound annual growth rate (CAGR) ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing the state closer to filling a longstanding gap in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
Village Farms Takes Top Honor at BC Export Awards
VANCOUVER – Village Farms International Inc. secured the 2026 BC Export Award in the Consumer Products category, presented by Business in Vancouver. The recognition highlights the company's sharp rise in international sales, with exports jumping ...
Chicago City Council Sets Intoxicating Hemp Products Off Limits, Beverages Still in The Game
CHICAGO – The City Council voted 32-16 to restrict sales of most intoxicating hemp-derived products across the city, carving out an allowance for THC-infused beverages while imposing immediate curbs on purchases by minors. The measure, ...
Florida Cannabis Initiative Nears Signature Goal
TALLAHASSEE – Organizers of a proposed constitutional amendment to legalize recreational Cannabis in Florida reported a sharp increase in verified voter signatures, bringing their total to 760,002 and narrowing the gap to the threshold needed ...
The Bipartisan HEMP Act Targets Federal Rules for Hemp-Derived CBD
WASHINGTON – Representatives Morgan Griffith, a Republican from Virginia, and Marc Veasey, a Democrat from Texas, introduced a bill on Friday to set the first national standards for hemp-derived CBD products, placing oversight with the ...
High Times Brings Back Cannabis Cup to New York
LOS ANGELES – Josh Kesselman, the entrepreneur behind RAW® Rolling Papers and recent steward of High Times magazine, has revived the storied Cannabis Cup competition in New York, setting it up to be the first ...
Resurrected Ancient Cannabis Enzymes Pave the Way for Efficient Cannabinoid Production
LOS ANGELES – A team of biologists has brought back to life enzymes from Cannabis plants that roamed Earth millions of years ago, uncovering a blueprint for producing medicinal compounds more effectively than today's methods ...
Ten Million U.S. Adults Microdosed Psychedelics Last Year, RAND Survey Finds
LOS ANGELES – A new survey from the RAND Corporation reveals that roughly 10 million adult Americans turned to microdosing psychedelics last year, taking sub-perceptual amounts of substances like psilocybin, LSD or MDMA to manage ...
Grenada Decriminalizes Cannabis
ST. GEORGE'S – Grenada's Parliament approved amendments to the nation's drug laws, decriminalizing personal possession of Cannabis for adults while imposing strict limits on use and distribution. The move, part of a broader effort to ...
Curaleaf Debuts in Maine’s Recreational Market
BANGOR – Curaleaf Holdings Inc. launched its recreational customer sales at a newly opened dispensary, marking the company's first step into Maine's adult-use sector after years of serving only medical patients. The store sits next ...
Americans Are Open to Learn More About Psychedelics, Ipsos Poll Finds
WASHINGTON – A fresh survey reveals that a majority of Americans express interest in gaining more knowledge about psychedelics as potential tools for mental healthcare, even as public familiarity remains spotty and opinions split along ...
Hawaii Lawmakers Advance Voter Measure on Rec Cannabis Legalization
HONOLULU – A group of 15 Hawaii state lawmakers introduced companion bills in the House and Senate, seeking to amend the state constitution and send the question of recreational Cannabis legalization to voters in the ...
Aurora Cannabis Secures EU-Wide Rights for Two Proprietary Strains
EDMONTON – Aurora Cannabis Inc. has won rights from the European Community Plant Variety Office (CPVO) for two homegrown strains, Farm Gas and Sourdough. The decision hands the company sole authority to produce and distribute ...
New Jersey Clears Path for $6M Psilocybin Pilot
TRENTON – The New Jersey Legislature gave final approval last week to a measure that sets up a state-backed pilot program for psilocybin therapy, allocating $6 million to explore the compound's role in treating mental ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators entered 2026 riding a wave of solid year-end performance and calculated moves to shore up operations. December sales figures underscored consumer demand that shows no signs of fading, while MSOs refined ...
Cannabis-Infused Drinks Show Promise in Curbing Alcohol Use, New Research Finds
LOS ANGELES – A fresh analysis from researchers at the University at Buffalo suggests that adults turning to Cannabis-infused beverages often scale back their alcohol habits, including sharp drops in binge drinking. The findings, drawn ...
