Consumer Research
California Reaps $259.7M in Cannabis Tax Revenue for Q2 2025
LOS ANGELES – California's legal Cannabis sector delivered $259.7 million ...
Verano Adds Crystal River Location, Reaching 82 Dispensaries in Florida
CHICAGO – Verano Holdings Corp. has expanded its presence in ...
Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES- Aurora Cannabis Inc. has officially dismissed two recent articles published on Investing.com that falsely claimed the company entered into a $215 million acquisition of New Zealand’s MedLeaf Therapeutics and a strategic partnership with Germany-based ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
Village Farms International Granted 180-Day Extension to Meet NASDAQ
LOS ANGELES- Village Farms International Inc.has received a 180-day extension from The Nasdaq Stock Market LLC to regain compliance with the exchange's minimum bid price requirement. This extension follows the expiration of the initial compliance ...
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Minnesota Enacts Law Enhancing Employment Protections for Medical Cannabis Patients
LOS ANGELES— A new Minnesota law, Senate File 2370 (SF 2370), which took effect on May 24, 2025, introduces expanded employment protections for registered medical cannabis patients. Under the law, employers must now provide a ...
Legal Cannabis Shows Economic Gains and Stable Teen Use Trends
LOS ANGELES— A recent analysis from the Marijuana Policy Project (MPP) indicates that legal adult‑use cannabis sales have generated approximately $24.7 billion in state tax revenue since legalization began in 2014, with $4.4 billion collected in 2024 ...
High-Potency Cannabis Strains Impact Legal and Health Systems
LOS ANGELES— The expansion of high-potency cannabis products—such as concentrated extracts, edibles, and potent vaping liquids is increasingly challenging health-care facilities and legal systems across North America. Emergency departments in the U.S. and Canada report ...
GreenBroz Unveils Automated M+ Trimming System
LAS VEGAS, Oct. 13, 2022 GreenBroz Inc. A post-harvest cannabis processing technology, announced an updated version of its M+ Trimming System -- the first fully automated trimming system on the market. Designed to yield a better user experience and ...
CNBX Patent Application “Composition and Method for Treating Cancer with Cannabinoids” Enters National Phase in US and Israel
REHOVOT, Israel and BETHESDA, Md., Oct. 13, 2022 CNBX Pharmaceuticals Inc. announced today that the Company's patent application titled "Composition And Method For Treating Cancer With Cannabinoids" was filed on October 12, 2022 with the US Patent and Trademark Office (USPTO) and ...
LePow Extracts Debuts New Cereal Killaz Chocolate Bars, Premium Edibles Infused with Full-Spectrum RSO
DENVER, Oct. 13, 2022 LePow Extracts is adding a new product to its collection. The Cereal Killaz edibles set features three mini chocolate bars infused with full-spectrum RSO and studded with sweet, crunchy cereal pieces. The ...
The Growth of the Cannabis Market Propels Demand for New Technology to Restrain Misuse
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. The more welcoming perception towards ...
The Valens Company Reports Third Quarter Fiscal 2022 Financial Results
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its third quarter fiscal year 2022 financial results for the period ended August 31, 2022. ...
Curaleaf Relocates Deerfield, IL Dispensary and Opens Doors to Adult-Use Customers
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, announced that it has relocated its Deerfield dispensary to 677 Lake Cook Road, Deerfield, IL 60015, and expanded ...
Global Medical Marijuana Markets Report 2022-2030 Featuring Tilray, Aurora Cannabis, Canopy, Aphria, Maricann & More
DUBLIN - The global medical marijuana market size is expected to reach USD 65.8 billion by 2030 and is expected to expand at a CAGR of 21.6% The major factors attributed to the industry growth are the ...
Open Book Extracts Releases Study Findings Related to the Potential Applications of Serums Containing Tetrahydrocannabivarin (THCV) on Skin Acne
ROXBORO, N.C., Oct. 12, 2022 Open Book Extracts (OBX), an ingredient manufacturer and product development completed its first cosmetic research study, an open-label, randomized, passive-control study examining the impact of topical serums containing Tetrahydrocannabivarin (THCV) on skin ...
TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing
TORONTO, Oct. 12, 2022 TerrAscend Corp. a North American cannabis operator, today announced that its NewJersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC, and HMS Health, LLC, have closed on ...
VJ Group Launches Cannabis Industry Division, VJ Scientific, and Unveils New Decontamination Machine
CHELMSFORD, Mass., Oct. 12, 2022 VJ Group A global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. ...
Ayr Wellness Appoints David Goubert as President
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that consumer packaged goods and retail industry veteran David Goubert has been appointed President, joining Ayr’s leadership team to oversee the Company’s operational and commercial ...
Cannabidiol (CBD) Vape Juice Market Augmented to Reach USD 71,004.34 Million by 2029
LONDON - This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm's ...
Neptune Wellness Solutions Inc. Closes $6.0 Million Offering
LAVAL, QC, Oct. 11, 2022 Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed the previously announced ...
CanPay Announced as Sole Digital Payments Solution for Seed & Beyond
LITTLETON, Colo., Oct. 11, 2022 A digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software. ...
Fire & Flower Announces U.S. Market Update and Hifyre Technology to be Launched in Colorado
TORONTO, Oct. 11, 2022 Fire & Flower Holdings Corp. a cannabis consumer retail and technology platform announced today updates to its U.S. market entry through its strategic arrangement with Fire & Flower U.S. Holdings Inc. ...
Cannabis Market to Register Growth of USD 168.58 Billion
TORONTO - A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Cannabis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This ...
The Continued Legalization of Cannabis Creates Need for Intoxication Detection Devices
NEW YORK - Sales of Cannabis products are expected to continue to grow as more states and major markets ease accessibility. According to data published by MJBizDaily, the combined U.S. medical and recreational cannabis sales ...
Industrial Hemp Market Size US$ 3 Billion by 2028
PUNE - Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp ...
Velvet Cannabis Opens in Eagle Rock, Bringing Its Upscale Cannabis Retail Experience to Los Angeles
LOS ANGELES, Oct. 7, 2022 Located in Eagle Rock, just off the Highway 134 and Figueroa interchange, Velvet Cannabis quietly opened its doors in late April as the company's cannabis dispensary in Los Angeles. Founded by Matt Morea and Farid Harrison. "We are ...
Left Coast Financial – The Provider of Dispensary Business Banking Solutions for Cannabis Industry
PORTLAND, Ore., Oct. 7, 2022 Founded in 2016 and headquartered in Portland, Oregon, Left Coast Financial Solutions is a neo-bank offering an online payment platform bridging cannabis and banking. As a provider of dispensary business banking solutions for the cannabis ...
Curaleaf Celebrates Opening of Scottsdale, Arizona Dispensary
WAKEFIELD, Mass., Oct. 7, 2022 Curaleaf Holdings, Inc, today announced the opening of its Scottsdale dispensary, located at 16277 N Greenway Hayden Loop, Scottsdale, AZ 85260. Curaleaf Scottsdale is one of its 16 dispensaries in the Grand Canyon State. Located across ...
U.S. Food and Drug Administration Names First Internal Cannabis Advisor
NEW YORK- According to an internal memo from earlier this week that an FDA spokesperson provided to the financial publication, MarketWatch, the U.S. Food and Drug Administration has appointed Norman Birenbaum, the former director of ...
Aurora Cannabis Repurchases US$23 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $31.3 million (US$23.0 million) principal amount ...
Sanctuary Medicinals Opens Twelfth Location in Florida
APOPKA, Fla., Oct. 6, 2022. Sanctuary Medicinals today announced the opening of its twelfth medical cannabis dispensary in Florida. Located just six miles west of the original Sanctuary Boca Raton opened in July 2022, Sanctuary's second ...
Cannabis Stocks Surge as Biden Overhauls U.S. Cannabis Policy
NEW YORK - Following President Joe Biden's executive decision to change U.S. policy on cannabis, the White House today announced it is pardoning all prior federal offenses for simple cannabis possession. Consequently, shares of cannabis ...
