Consumer Research
Why Bob Hoban Is Defending Steve DeAngelo—And What It Reveals About Cannabis Policy
LOS ANGELES- In cannabis industry discourse, facts can be overshadowed ...
Missouri’s Cannabis Industry Experiences Significant Growth
LOS ANGELES- Since legalizing recreational cannabis in 2022, Missouri has ...
How to Read an Income Statement Like A Boss: Lessons from P&G
LOS ANGELES--At Procter & Gamble (P&G), we were taught to analyze financial statements with precision, breaking them down into actionable insights that link business performance to strategy. Cannabis companies can apply these same principles to ...
Aurora Cannabis Expands Distribution in Australia
LOS ANGELES- Aurora Cannabis Inc. has announced a distribution partnership between its wholly owned subsidiary, MedReleaf Australia, and The Entourage Effect, a company that provides distribution and support services to pharmacies in Australia. Under this ...
Weedmaps Founders Propose to Take Company Private
LOS ANGELES- Co-founders Doug Francis and Justin Hartfield of WM Technology, Inc., the parent company of Weedmaps, have proposed to take the company private. They offered $1.70 per share in cash for the approximately 68% ...
Criticism Mounts Over New York’s Social Equity Cannabis Fund for High Costs and Limited Impact
LOS ANGELES- New York’s Social Equity Cannabis Investment Fund, a public-private initiative launched to support individuals disproportionately affected by cannabis prohibition, has faced growing criticism over its high operating costs and limited results. Since its ...
Delaware Awards First Cannabis Cultivation and Manufacturing Licenses in Initial Lottery
LOS ANGELES- Delaware has initiated its adult-use cannabis licensing process, awarding the first cultivation and manufacturing permits through a lottery held on October 24, 2024. This inaugural lottery, organized by the Office of the Marijuana ...
Cybin Secures Patent for CYB005 Program in Push for New CNS Disorder Treatments
LOS ANGELES- Cybin Inc., a neuropsychiatric biopharmaceutical company, announced that it has secured a U.S. patent (No. 12,122,741) covering the composition of matter for key molecules in its CYB005 program. This patent represents a strategic ...
Unlicensed New York Cannabis Retailer Hit with $9.5 Million Judgment
LOS ANGELES- A New York Supreme Court judgment has ordered George West, owner of Jaydega 7.0 in Canandaigua, to pay $9.5 million after findings that his business sold cannabis products without the required state license. ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
Tennessee Judge to Rule on Hemp Product Regulations by December 24
LOS ANGELES- A Davidson County Chancery Court judge is expected to decide by December 24, 2024, on a request to block new state regulations affecting hemp-derived products in Tennessee. The Tennessee Department of Agriculture (TDA) ...
What You Need to Know When Planning Cannabis Tax Strategies for 2025
NEW YORK--Every CFO needs to know that Section 280E of the Internal Revenue Code (IRC) presents a significant challenge for cannabis businesses operating in the United States. This provision, enacted in 1982, was originally designed ...
Jointly Raises $5 Million in Seed Funding
LOS ANGELES - Jointly, the cannabis wellness company, announced that it has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. ...
Mindcure: Announce Executive and Employee Reductions & Cost Saving Measures
VANCOUVER, B.C. – Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH), announced today that a special committee of the Company’s board of directors has concluded the initial phases of its previously announced strategic ...
Tilray Medical Expands Offering in Malta and Launches Medical Cannabis Oil Products in Market
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, announced that its medical cannabis ...
Verano Opening First West Virginia Medical Cannabis Dispensary, Zen Leaf Morgantown
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a cannabis company, announced the grand opening of its first West Virginia medical cannabis dispensary, Zen Leaf Morgantown, located at 205 Venture Drive, on Friday, March ...
Ayr Wellness Reports Fourth Quarter and Full Year 2021 Results
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a cannabis multi-state operator (MSO), is reporting financial results for the three and twelve months ended December 31, 2021. Unless otherwise noted, all results are presented ...
Clever Leaves Appoints William Muecke to Board of Directors
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), an operator and licensed producer of pharmaceutical-grade cannabinoids, announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, ...
CBD Gummies Market Size Worth $12.18Bn, Globally, by 2028 at 28.3% CAGR
The CBD Gummies Market Size, Growth driven by the rising popularity of CBD gummies owing to their therapeutic effects, surging influence of social media and celebrities, growing awareness regarding the health benefits of CBD products ...
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) reported financial results for its fourth quarter and year ending December 31, 2021. Fourth Quarter 2021 and 2021 ...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, reported its financial results for the fourth quarter and full year periods ending December 31, 2021. All amounts are expressed in ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, ...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Q4 and Full Year 2021 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial and operating results for the fourth quarter and full year ended December 31, 2021. FOURTH ...
CannTrust Exits Creditor Protection With New Investor, Plans to Rebrand
VAUGHAN, ONTARIO— CannTrust Holdings Inc. announced it will rebrand and change it's name after it emerged from court-supervised proceedings under the Canadian Companies’ Creditors Arrangement Act. This change in fortunes came about when a CannTrust ...
ACCM Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Full Yes We Cann! and Elevated States Programming Will Align, Educate, and Support New and Existing Medical Cannabis Patients WASHINGTON - The American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up ...
Schwazze Signs Definitive Documents to Acquire Assets of Urban Health & Wellness, Inc.
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West ...
Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4
LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around ...
Trees Corporation Announces Closing of Acquisition of Miraculo Inc. and Leadership Changes
TORONTO - Trees Corporation (NEO: TREE, a Canadian cannabis retailer, announced that it has completed its previously announced acquisition of Miraculo Inc. pursuant to the terms of an amalgamation agreement dated February 7, 2022 whereby ...
Ikänik Farms Announces Executive Change and Corporate Direction
TORONTO - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has announced that Brian Baca has tendered his resignation as CEO and Director of the Company effectively immediately. Borja Sanz De Madrid has been appointed interim ...
IM Cannabis Closes Three Previously Announced Strategic Acquisitions in Israel
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has completed three strategic acquisitions announced in 2021. ...
Kulbi and NMBLProducts Announce Exclusive Partnership for Amazon.com
LOS ANGELES - Kulbi, creators of the world renowned Blackbox product - www.blackboxgoods.com - has signed an exclusive deal to officially be the only seller worldwide to now carry the NMBL GO, the top trending ...
TerrAscend to Launch Mobile Retail App on the Apple App Store
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, launched The Apothecarium mobile retail app for Apple iOS devices. Available for download through the Apple App Store for customers in New ...
Curaleaf Appoints Neil Davidson as Interim Chief Financial Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that it has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, ...
Neptune Wellness Solutions Inc. Closes US$8,000,000 Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced that it has closed on the previously announced registered direct ...
Akanda Corp. Announces Pricing of Initial Public Offering and Expects To Commence Trading on NASDAQ
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) congratulates Akanda Corp. (NASDAQ: AKAN), an international medical cannabis company, on the pricing of its initial public offering of 4,000,000 common shares at a ...
Curaleaf Celebrates Opening Of Tamarac, Florida Dispensary
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced the opening of its newest location in Tamarac, Florida. Curaleaf Tamarac is the Company's 45th ...
At CAGR 8.1% Globally Cannabis Cultivation Market Growth
NEW YORK - As per the findings of Zion Market Research study, Cannabis Cultivation industry garnered profits worth US$ 147.3 billion in 2020 and is set to amass revenue of approximately US$ 359.6 billion by ...
