Consumer Research
Silo Pharma’s SP-26 Ketamine Implant Meets All Endpoints in Preclinical Fibromyalgia Study
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, announced ...
Week In Review: Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue; Netherlands Initiates Regulated Cannabis Sales Trial; Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES — Welcome to the far too-exciting world of ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators
LOS ANGELES- Vireo Growth Inc. has announced a $75 million equity financing at $0.625 per share, alongside agreements to acquire four single-state cannabis operators for approximately $397 million in all-stock transactions. The acquisitions include Proper ...
Aurora Cannabis Reports Q2 Revenue Growth
LOS ANGELES- Aurora Cannabis Inc. announced a 29% increase in revenue for the second quarter of fiscal 2025, reaching $81.1 million. This growth is attributed primarily to the rising demand for its medical cannabis products ...
Verano Reports Steady Q2 Earnings
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator in the U.S., reported its Q2 earnings on August 7th. The company met analysts' expectations with an EPS of ($0.05), showing a decline with negative ...
Key States to Decide Cannabis Legalization in 2024
LOS ANGELES- In November 2024, voters in four states—Florida, Nebraska, North Dakota, and South Dakota—will decide on significant cannabis ballot measures. Florida, the most populous among them, aims to transition from a medical-only market to ...
From Progress to Plateau: Democrats’ Shifting Gains on Cannabis Reform
LOS ANGELES- The Biden administration has a significant record on cannabis reform, characterized by policy shifts that have altered federal attitudes toward legalization. President Biden's notable moves include an October 2022 executive action urging agencies ...
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
What You Need to Know About Cash Flow Management
NEW YORK- Every CFO and entrepreneur in Cannabis and Psychedelics needs to know that efficient cash flow management is essential in the cannabis industry, where companies face specific financial challenges. WELCOME Back to this fresh ...
Cansortium Completes Merger with RIV Capital
LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...
Acreage Holdings Reports First Quarter 2022 Financial Results
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the first quarter ended March 31, ...
Cannabis-Related Tax Revenue Surpasses Alcohol in Legal Cannabis States
Washington, DC: Legal cannabis states generated more revenue from retail cannabis sales than they did from alcohol sales, according to data provided by the Institute on Taxation and Economic Policy (ITEP). According to ITEP’s analysis, legal states in ...
Calexo Launches Watercolors, a New Line of Cannabis-Infused Sparkling Waters
LOS ANGELES - California lifestyle brand Calexo is delighted to announce the launch of Watercolors, a new collection of cannabis-infused sparkling waters and an accompanying streetwear apparel line. Made with sparkling water, natural flavors, and ...
MariMed Closes Acquisition of Illinois Craft Cannabis License
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced it has closed its acquisition of Green Growth Group, Inc. The close of this transaction enables ...
Green Thumb Industries Reports First Quarter 2022 Financial Results
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the ...
Legal Cannabis Market to Hit USD 48.3 Billion by 2028
WASHINGTON - Vantage Market Research’s recent analysis of the Global Legal Cannabis Market finds that Growing adoption of cannabis for treatment of chronic pain, increasing awareness about the positive effects of CBD for the treatment ...
Ayr Wellness Announces Brand Launches in Massachusetts and Ohio
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced it has expanded its extensive product portfolio available in Massachusetts with the addition of its premium flower brand, Kynd, ...
Industrial Hemp Market To Hit Record Revenue of $60,682.8 Million by 2030
NEW YORK - The global industrial hemp market was found to be valued at $4,452.0 million in 2021, which is projected to reach a huge $60,682.8 million by 2030, increasing at a massive CAGR of ...
Why Are Consumer Insights So Important in Marketing Cannabis?
Why do you need consumer insights?...One reason is because with consumer insights, you can shoot down your competition. Understanding your consumer’s needs and wants is essential to ensure your cannabis company is future-proof. Listening empowers ...
New Jersey Cannabis Market: Off To A Strong Start
TRENTON- The unofficial holiday for pot smokers is April 20, but April 21 will be the official day of celebration for New Jersey's legal cannabis sector. Adult-use cannabis sales are now legal in New Jersey ...
Acreage Expands Adult-Use Retail Operations in Maine and Closes Sale of Cultivation and Processing Facility in Oregon
NEW YORK - Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced it has completed the sale of its cultivation and processing ...
HEXO Launches New At-the-Market Offering
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) announced that it has established an at-the-market equity program that allows the Company to issue and sell up to US$40,000,000 (or its CAD dollar equivalent) of ...
Verano Receives Permission to File U.S. GAAP Financials on SEDAR and Withdraws MCTO Application
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced it has received a decision from the Alberta Securities Commission and Ontario Securities Commission permitting the Company to file on the ...
Green Thumb Industries Announces Internet Availability of Proxy Materials for its 2022 Meeting of Shareholders
Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today announced the internet availability of proxy materials for its 2022 Annual General ...
Curaleaf’s Select Brand Expands CBD Offerings With Launch of Select CBD Bites
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the expansion of Select's CBD line with the launch of Select CBD Bites. Available across the U.S. ...
Curaleaf Opens Two New Florida Dispensaries in Pembroke Park and Englewood
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open two new dispensaries in Florida. Curaleaf Pembroke Park (2900 Country Club Ln.) ...
Harborside Inc. Announces Conversion of US$5.87 Million Promissory Note to Equity
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that a promissory note in the amount of US$6.23 million, which includes principal, interest and fees, has been repaid ...
Verano Announces Opening of MÜV Hobe Sound
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Hobe Sound, the Company’s 45th Florida location and 96th nationwide. MÜV Hobe Sound, located at 10455 SE ...
HEXO Announces Leadership Transition, Appoints Chief Executive Officer and Chief Financial Officer
GATINEAU, Quebec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) today that Charlie Bowman has been appointed the Company’s acting President and Chief Executive Officer, effective today. Mr. Bowman will move into a permanent role upon ...
Ayr Wellness Opens 46th Florida Dispensary in Tampa
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced the opening of its 46th Florida dispensary, located in southern Tampa. The new dispensary encompasses ~3,000 square feet of ...
Global CBD Gummies Market Report 2022-2028
Dublin - The "CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. The CBD gummies market was valued at US$ ...
MariMed Completes Acquisition of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD) , a multi-state cannabis operator focused on improving lives every day, announced it completed the acquisition of Kind Therapeutics U.S.A., LLC, a cannabis business in Maryland. The Maryland ...
Harborside Inc. Reports Fourth Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc. (CNSX: HBOR), (OTCQX: HBORF), a California-focused, cannabis enterprise, filed its audited annual financial statements and management's discussion & analysis for the twelve months ended December 31, 2021 under ...
TerrAscend Promotes Jodie Lampert to SVP of Human Resources
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the promotion of Jodie Lampert as Senior Vice President of Human Resources. Lampert previously served as Vice President of Human Resources ...
New Generation of Cannabis Seed Ensures Quality, Consistency, and Uniformity for Commercial Growers
PORTLAND, Ore. - Modern crop science company Phylos®, is providing a long-awaited solution for commercial growers looking for uniformity, input reduction, and risk mitigation for large-scale cannabis and hemp production — highly-optimized production-ready F1 hybrid ...
