Consumer Research
New Lawsuit Challenges Lottery Process for Kentucky Medical Cannabis Licenses
LOS ANGELES- A group of Kentucky-based applicants has filed a ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use ...
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, ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Hemp-Derived CBD Market Set to Expand Significantly by 2034
LOS ANGELES- The global hemp-derived cannabidiol (CBD) market is forecasted to grow from $8.28 billion in 2023 to $46.25 billion by 2034, with a compound annual growth rate (CAGR) of 16.93%, according to Research and ...
DEA Faces Allegations of Bias in Cannabis Rescheduling Process
LOS ANGELES- The Drug Enforcement Administration (DEA) is under scrutiny following allegations of bias in its handling of the cannabis rescheduling process. Pro-cannabis advocates assert that the agency has demonstrated an "unalterably closed mind" toward ...
Ohio’s Cannabis Market Expansion in 2024
LOS ANGELES- In 2024, Ohio's legal cannabis market achieved sales exceeding $675 million, marking a 40% increase from the previous year's $484 million. This growth is attributed to the commencement of adult-use cannabis sales in ...
Agrify Divests Cultivation Business to Focus on THC Beverages
LOS ANGELES- Agrify Corporation, a provider of solutions for the cannabis and hemp industries, has sold its cultivation business to CP Acquisitions, LLC, an entity affiliated with former CEO Raymond Chang. The transaction, completed on ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Denver Moves Toward Licensing Psychedelic Wellness Centers and Social Clubs
LOS ANGELES- Denver's Department of Excise and Licenses has proposed regulations to oversee psilocybin-based wellness facilities, including yoga studios and social clubs, following Colorado's 2022 voter-approved measure legalizing natural medicines like psilocybin. The proposed regulations ...
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Happi Launches Cannabis-Infused Seltzer For Any Occasion in Maine
THOMASTON, Maine - Celebrate Labor Day by getting to know Happi, a new female-founded cannabis-infused seltzer making its way to Maine this weekend. Happi believes that health and happiness go hand-in-hand, and life's moments—both big ...
The 1937 Group – Vertically-Integrated Cannabis Company in Illinois – Secures $17M in Funding
CHICAGO, Aug. 30, 2022 The 1937 Group, Ltd. announced it recently secured $17M in new funding. The company closed a binding financing agreement with the private investment group, SGG Enterprises LLC. The funds will be used for ...
NORML Op-ed: Concerns Over High Potency THC Products Warrant Greater Education, Not Criminalization
LOS ANGELES- Those offering dire warnings about the alleged dangers of so-called ‘highly potent THC products’ – and demanding that these products be re-criminalized – are taking their cues from an age-old playbook. From the onset of ...
Remedy+ Announces Partnerships With Athletes And Wellness Advocates To Elevate Suite Of Natural, Plant-Based Products
FORT COLLINS, Colo., Aug. 30, 2022 Remedy Products LLC announce partnerships with a range of influential advocates, including Rosie Acosta, award-winning podcaster and holistic wellness author of You are Radically Loved; Florentina Hanisch and Ana Marija Zubori, current American Paddle ...
With 28% CAGR, Legal Cannabis Market Size to Hit $97 Billion by 2026
NEW YORK- According to Facts and Factors has published a new research report titled “Legal Marijuana Market by Product Type (Buds/marijuana Flower, Cannabis Extracts, Oil, Tinctures) & Others, Species (Cannabis Indica, Cannabis Sativa, Cannabis Hybrid), ...
Jushi Holdings Inc. Reports Second Quarter 2022 Financial Results
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced its financial results for the second quarter 2022 ended June 30, 2022. The Company became a U.S. reporting company ...
PBC publishes Cannabis Banking Directory as a Free Industry Resource
WASHINGTON, Aug. 29, 2022 "We need a bank - who will work with us?" is a common question across the cannabis industry. The Cannabis Banking Directory, published by the PBC Conference team, is a direct response to ...
The Value Cannabis Brand From Glass Brand From Glass House Brands – Launches First-Ever line of Vegan Cannabis Gummies
LONG BEACH, CA and TORONTO, Aug. 29, 2022 Glass House Brands Inc today launched an all-new line of vegan THC gummies under its value cannabis brand, Allswell, which serves as a uniting force to bring ...
Franchise Global Reports Second Quarter 2022 Financial Results; Revenues Increased by $13.1 Million YoY to $13.5 Million
VANCOUVER, BC, Aug. 26, 2022 Clifford Starke, Executive Chairman and Chief Executive Officer of Franchise Global, stated, "The Company's German reportable segment continued its momentum in the quarter. Our results reflect the stability of our ...
Hemp Bombs Adds to Award-Winning Gummies Lineup with New Delta-8 and Delta-9 Sleep Gummies
TAMPA, Fla., Aug. 26, 2022 Hemp Bombs, the manufacturer and distributor of award-winning CBD, Delta-8 THC and Delta-9 THC Gummies, announces its newest additions to its gummy line, Delta-8 Sleep Gummies and Delta-9 Sleep Gummies. These are the first ...
Medical Cannabis Market to Generate USD 54.34 Billion Globally by 2029
CHICAGO - Data Bridge Market research has recently issued comprehensive industry research on “Global Medical Cannabis Market” which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. Key elements of this ...
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results
SAN DIEGO and TORONTO - StateHouse Holdings Inc.(CSE: STHZ) (OTCQX: STHZF), a California-focused, cannabis enterprise, announced its financial results for the three and six months ended June 30, 2022, and provided additional business updates. The ...
New Study: Psilocybin Shows Promise Treating Alcoholism
LOS ANGELES- A recent study has been released that further adds to the growing body of research that shows psilocybin, the hallucinogenic component found in magic mushrooms, may be an effective treatment for alcohol addiction. ...
Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options
SALINAS, Calif., Aug. 25, 2022 Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank, are partnering to expand access to cannabis banking in the California market. For the first time since the ...
Tilray Medical Launches New Products and ‘CannaPoints’ Program to Support Patients Across Canada
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), global cannabis and consumer packaged goods company announced that its medical cannabis division, Tilray Medical, has released new medical cannabis products, under Tilray and Aphria brands ...
Global Cannabis in Food and Beverage Market Size to Hit US$ 2818 Million by 2026
DUBLIN, Ireland - Facts and Factors has published a new research report titled “Cannabis in Food and Beverage Market by Product Type (Bakery Products, Candy, Chocolate, Beverages, Cereal Bars, Ice Cream, and Others), By Source ...
Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing
TORONTO - Fire & Flower US Holdings Inc. (formerly American Acres Managers), announced that it has completed a non-brokered private placement of unsecured convertible debentures in the principal amount of approximately $5,000,000 to the existing ...
Aurora Cannabis Acquires Controlling Interest in Bevo Farms
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to announce today that a wholly-owned subsidiary of the Company has acquired a controlling ...
Goodness Growth Holdings Announces Launch of Boundary Waters Pre-Rolls in Minnesota
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the launch of its Boundary Waters line of premium cannabis pre-rolls focused on sustainability and environmental ...
Cannabis Drinks Market Value to Grow by Almost US$ 8.3 Billion in 2032 | Future Market Insights, Inc.
NEWARK, Del., Aug. 25, 2022. The global cannabis drinks market is set to witness growth at a CAGR of 37.3%and top a valuation of US$ 8.3 Bn by 2032. Various health benefits, such as improved sleep patterns, weight loss, ...
American Council of Cannabis Medicine Announces Strategic Partnership to Begin Working With the Health Care Sharing Industry
WASHINGTON, Aug. 25, 2022. Today the American Council of Cannabis Medicine announced selection and participation in the NHCSA Building Bridges Program. To help foster understanding and provide resources for the health care sharing industry, and ...
Nextleaf to Launch its First THC-Free CBD Product
VANCOUVER, B.C- Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) a federally regulated manufacturer and distributor of cannabis extracts including vapes and oils, announced the launch of its first THC-free Broad Spectrum CBD distillate ...
Glass House Brands Forms Genetics and Nursery Partnership with Seed Junky
LONG BEACH, Calif. and TORONTO, Aug. 24, 2022 /PRNewswire/ - Glass House Brands, Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced its partnership with Seed Junky Genetics. Seed ...
Tilray Medical Receives Verification From the Natural Health Science Foundation in Australia and New Zealand
SYDNEY, Australia - 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 that its medical ...
Hemp-Derived CBD Oil Market Size Is Projected to Reach USD 6.53 Billion by 2030
New York, United States - CBD (cannabinoid) is extracted from cannabis hemp plant leaves, flowers, and stems using two extraction methods, i.e., by removing the CBD and turning it into an isolate and using full-spectrum ...
