Consumer Research
Tariffs on Chinese Imports Impact U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry is experiencing significant effects ...
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 ...
What U.S. Employers Need to Know About Evolving Cannabis and Psychedelics Policies
LOS ANGELES- The November 5, 2024, elections have brought significant changes to state-level drug laws, requiring employers to reevaluate workplace policies, especially around cannabis and psychedelics. Key developments in Nebraska, Florida, North Dakota, South Dakota, ...
Trump’s Attorney General Pick Raises Hope for Cannabis Policy Reform
LOS ANGELES- President-elect Donald Trump has nominated Florida Representative Matt Gaetz as the next U.S. Attorney General, a move that could significantly influence federal cannabis policy. Gaetz, a vocal advocate for cannabis reform, has previously ...
Amethyst Health Secures Conditional Medical Cannabis License in New York
LOS ANGELES- a partnership between Black Star Wellness, LLC, and AYR Wellness Inc, has been conditionally awarded a vertically integrated medical cannabis license by the New York Cannabis Control Board. This license grants the right ...
Psilocybin Shows Potential for OCD and Tourette’s Treatment, Study Finds
LOS ANGELES- A new study published in Molecular Psychiatry has identified psilocybin, a psychedelic compound, as a promising candidate for the treatment of obsessive-compulsive disorder (OCD) and Tourette's syndrome. Conducted by researchers at the Hadassah-Hebrew ...
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 $484 million. This growth is attributed to the commencement of adult-use cannabis sales in ...
Agrify Divests Cultivation Business to Focus on THC Beverages
LOS ANGELES- Agrify Corporation, a provider of solutions for the cannabis and hemp industries, has sold its cultivation business to CP Acquisitions, LLC, an entity affiliated with former CEO Raymond Chang. The transaction, completed on ...
Global Pharmerging Market is Estimated to be US$ 4426.72 Billion by 2030
Covina - Particularly in the worldwide emerging economies, the Pharmerging industry is growing significantly. Some of the main drivers of this market's expansion are the increased prevalence of non-communicable illnesses, an ageing population, rising life ...
Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has passed validation in its Novel Food applications from the Food Standards Agency in the United Kingdom for its Original Formula full-spectrum hemp extract product. ...
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. through its wholly-owned subsidiary Greenstar ...
Politics: Amendment to Safeguard State Cannabis Programs Approved by House Appropriations Committee
WASHINGTON, D.C.–In order to avoid the Department of Justice meddling with adult-use cannabis programs, an amendment to the Commerce, Justice, Science, and Related Agencies Appropriations Act for Fiscal Year 2023 was approved by the House ...
Analysis: Majority of USA Cannabis Sales is Still Flower (Bud)
SANTA MONICA, Calif–According to studies from the International Journal of Drug Policy, cannabis consumers in the United States and Canada prefer cannabis flower above alternative product formulations. Researchers from the University of Waterloo in Ontario, ...
Analysis: Hemp-Derived CBD Labels Frequently Contain Inaccurate Information.
RICHMOND, VIRGINIA- According to research reported in the Journal of Cannabis Research, the true percentage of cannabinoids present in commercially accessible CBD products is frequently misrepresented on their labels. Eighty CBD-derived from hemp products that ...
New Research: College Students Consuming Cannabis Rarely Have Negative Effects Unless Used With Other Drugs
GAINESVILLE, FLORIDA – According to findings published in the Journal of American College Health, college students who use cannabis but not other restricted substances do not appear to be significantly more likely to develop a ...
New Study: Consumers Self-Medicate With Cannabis to Treat Anxiety, Pain, and Depression
QUEBEC–According to statistics found in the Journal of Cannabis Research, the most common reasons Canadians use cannabis for self-medication are to treat pain, anxiety, insomnia, and depression.489 people who admitted to buying cannabis products at ...
Canopy Growth Celebrates Summer with New ‘Just Hits Different’ Beverage Campaign
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), announced the continued expansion of its cannabis beverage portfolio and a brand campaign that drives awareness of its wide range of cannabis beverages just ...
Akerna Corp. Announces Pricing of $10 Million Public Offering
DENVER - Akerna Corp. (Nasdaq: KERN), enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten ...
MariMed to Launch Betty’s Eddies Brand Into Maine Adult-Use Cannabis Marketplace
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced a licensing agreement with East Coast Cannabis Company, a cannabis producer and distributer in the Maine Cannabis ...
Global Medical Marijuana Market Anticipated to Garner a Revenue of $33,211.7 Million (2019–2026)
New York, USA - According to a report published by Research Dive, the global medical marijuana market is envisioned to generate a revenue of $33,211.7 million and rise at a CAGR of 27.4% during the ...
Jushi Holdings Inc. Debuts Line of Concentrate Products Using Hydrocarbon Extraction
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, debuted its first line of concentrates made using hydrocarbon extraction by its brand The Lab™, famous for delivering high-quality, precision ...
Tilray Medical Expands Portfolio of Medical Cannabis Products in the UK
LEAMINGTON, Ontario - 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 ...
DC Council Unanimously Passes Bill to Allow Residents 21+ To Self-Certify as a Medical Cannabis Patient
Washington, DC - In a major win for cannabis patients, the DC Council voted unanimously to pass the “Medical Marijuana Self-Certification Emergency Amendment Act of 2022.” This bill allows individuals 21 years of age and ...
Fast Buds: German Cannabis Legalisation Will Open the Door to Home Cultivation
BARCELONA - In a potentially game-changing development for the cannabis industry, the German government has confirmed its plans to legalise the sale of recreational cannabis in the coming months. The policy, first revealed as part ...
The Cannabis Packaging Market would exceed $356.3 million by 2028
SELBYVILLE, Del. - As per the report published by Global Market Insights Inc., the global Cannabis Packaging Market was estimated at USD 151 million in 2021 and is estimated to surpass a valuation of $356.3 ...
While Cannabis Industry Goes Through Fluctuations, CBD Infused Products Market is Still Booming
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The CBD skin care market has been steadily growing over the past few years and is projected to continue to rise in the coming years. CBD (known ...
Cronos Group Partners with Geocann to Leverage VESIsorb® Delivery Technology for Faster Absorption
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announce the launch of the first of what is expected to be a range of products, in partnership with Geocann, which will utilize the advanced VESIsorb® ...
Global CBD Wine Market To Flourish At 31% CAGR until 2032
United States, Rockville MD - According to the recently published report by Fact.MR, the global CBD Wine market is estimated at US$ 10.38 Million in 2021 and is projected to procure USD 13.58 Million by ...
Global Horticulture Lighting Market Size, Share & Industry Trends Analysis Report, 2022 – 2028
New York - Reportlinker.com announces the release of the report "Global Horticulture Lighting Market Size, Share & Industry Trends Analysis Report By Offering, By Technology, By Application, By Cultivation, By Lighting Type, By Installation Type, ...
Ann Shulgin, Pioneer of Psychedelics in Therapy, Dies Age 91
SAN FRANCISCO Ann Shulgin, who co-authored two influential books on the topic and, along with her late husband Alexander Shulgin, pioneered the use of psychedelic chemicals in psychotherapy, has passed away at the age of ...
The Promise of Indigenous Cannabis in New York
By Jessica Reilly –All eyes are on the New York cannabis market. It’s been over a year since cannabis was legalized in New York, but the state has been slow to get things up and ...
At 19.8% CAGR, Global Cannabis Testing Market Size & Share to Surpass US$ 10.86 Billion By 2028
NEW YORK - As per Zion Market Research study, The global cannabis testing market was valued at around USD 1.35 billion in 2021 and is estimated to grow to about USD 10.86 billion by 2028, ...
Charlotte’s Web Announces Shareholder Meeting Voting Results
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. is pleased to announce the results from its 2022 annual general meeting of shareholders held on June 22, 2022 via live audio webcast. Each of ...
