Consumer Research
Trump Fast Tracks Psychedelic Research
WASHINGTON D.C- President Donald Trump has signed a sweeping executive ...
Massachusetts Tops $9 Billion in Cannabis Sales, Eyes Cultivation License Freeze
BOSTON – Massachusetts adult-use Cannabis retailers have surpassed $9 billion ...
What Does Cannabis 3.0 Actually Mean?
LOS ANGELES- If Cannabis 1.0 was legalization and survival, and ...
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
New Mexico Cannabis Market Edges Toward $2B in Total Sales
ALBUQUERQUE – New Mexico's Cannabis industry has recorded $1.9 billion in combined medical and adult-use sales since recreational legalization took effect in April 2022, according to the latest figures from the state’s Regulation and Licensing ...
Fairfax Bank Retreats from Servicing Cannabis Businesses
FAIRFAX – MainStreet Bancshares Inc., a community lender with $2.2 billion in assets, has shelved its Cannabis banking program just eight months after unveiling it as a growth driver. The decision, disclosed by CEO Jeff ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed suit against New York regulators on Friday, claiming a state error in enforcing school buffer zones threatens their operations and could force closures or costly ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Cybin Raises $175M in Direct Offering, Reinforcing Psychedelic Pipeline
TORONTO – Cybin Inc., a clinical-stage biopharmaceutical company focused on psychedelic-based treatments for mental health disorders, disclosed a $175 million registered direct offering, drawing commitments from a roster of established biotech investors. The deal, priced ...
MariMed Steps Away from Missouri Operations
NORWOOD – In a sharp turn from expansion plans, MariMed Inc. announced it is shutting down its Missouri operations, ending a yearlong effort to build a foothold in the state's burgeoning recreational market and opting ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its Cannabis sector for economic relief, the Lebanese government established a dedicated committee to regulate the cultivation and sales of Cannabis under a long-dormant 2020 law. ...
Cannabis Consumer Spending Tightens, Highlighting Importance of Brand Strength
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes that consumer cannabis spending over ...
GENERATION HEMP REPORTS RECORD ONE MONTH REVENUES
DALLAS, Sept. 13, 2022 Generation Hemp, Inc., a Dallas/Fort Worth based midstream hemp company (OTCQB: GENH), and its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC (collectively the "Company") reported today that its unaudited revenues for the month of July 2022 were approximately $438,000, ...
IM Cannabis Welcomes Two New Members to its Board of Directors
TORONTO and GLIL YAM, Israel, Sept. 13, 2022 IM Cannabis Corp a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, is pleased to announce that Einat Zakariya and Moti Marcus have been appointed to the Company's board of directors. Einat ...
Cannabinoids Market Worth USD 63 Billion by 2030
SELBYVILLE, Del. - The cannabinoids market value is projected to exceed USD 63 billion by 2030, according to a new research report by Global Market Insights Inc. Rise in the prevalence of Parkinson's disease, muscle ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to ...
Believing These 5 Myths About Delta 8 Gummies Will Keep You From Growing
GLENDALE, Calif. - Cannabis products like Delta 8 Gummies often attract a lot of bad attention on the internet. But they are beneficial from a medicinal side, not just for recreational purposes. So, it is ...
Who Are The Main Players In Cannabis NFTs?
NEW YORK– NFTs burst into the public domain in March 2021 as a result of a massive sale by the renowned auctioneer Christie's. Unlike every other work of art sold through Christie's auction house, this ...
Ayr Wellness’ Partner Wins Provisional Cultivation License in Connecticut
MIAMI and HARTFORD, Conn. - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, a U.S. multi-state cannabis operator, announced that Connecticut Cultivation Solutions, an entity co-owned by Tiana Hercules Esq., a Hartford City Councilwoman, and Ayr, ...
Cannabis Seeds Market to Accrue $6.5 Bn, Globally, by 2031 at 18.4% CAGR: Allied Market Research
PORTLAND, Ore., Sept. 9, 2022 Allied Market Research recently published a report, titled, "Cannabis Seeds Market by Nature (Organic, Conventional), by Type (Feminized seeds, Regular seeds, Autoflowering seeds), by Distribution Channel (Specialty stores, Wholesalers and distributors, ...
How Cannabis Reveals Your Creative Talents
LOS ANGELES–According to scientists, creativity in humans is centered in the brain’s frontal lobe. Cannabis consumption boosts cerebral blood flow (CBF) in this area, making it more active. This type of practice encourages artistic output ...
Storz & Bickel Debuts “with Love, for Peace” Limited-Edition VOLCANO CLASSIC
TUTTLINGEN, Germany, Sept. 8, 2022 -STORZ & BICKEL GmbH a manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy Growth, today unveiled a limited-edition version of its flagship VOLCANO CLASSIC device: the PEACE VOLCANO. Constructed ...
Biotechnology Company Purissima Releases Study Findings Related to the Potential Applications and Usage of Cannabichromene (CBC)
SAN FRANCISCO, Sept. 8, 2022 Purissima a technology health and wellness company, announced the completion of two separate ingredient testing programs with two leading contract research organizations. Testing included biological tests on human skin explants ...
Glass House Brands Closes Grover Beach and Lemoore Natural Healing Center Dispensary Acquisitions
LONG BEACH, CA and TORONTO, Sept. 8, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been obtained for Glass House's acquisition of the Natural Healing Center dispensaries located in Grover Beach and Lemoore, California, and that the ...
Ascend Wellness CEO Abner Kurtin Arrested & Charged With Battery in Florida
MIAMI- Abner Kurtin, the CEO of Ascend Wellness (CSE: AAWH), was arrested in Miami-Dade County. He was then charged with violence and freed yesterday after posting a $1,500 bond. A "stay away order" was issued, ...
MJUnpacked Announces Las Vegas Show This Month & Partnership with Clio Cannabis Awards
NEW YORK, May 25, 2022 – MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, has announced its return to Las Vegas on September 28-30, 2022 at the MGM Grand. Additionally, MJ Unpacked ...
Arkansas Medical Cannabis Sales Reach Record $23.7M in August
ARKANSAS, USA — Medical cannabis patients in Arkansas spent $23.27 million in August 2022 at the state's 38 dispensaries, according to the department of health. The ReLeaf Center in Bentonville was the dispensary with the second largest ...
Vertically Integrated Cannabis Company, The Nirvana Group, Expands into New Mexico
ALBUQUERQUE, N.M., Sept. 7, 2022 The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, ...
San Francisco Decriminalizes Psychedelics & Entheogenic Plants
SAN FRANCISCO–A resolution that decriminalizes psychedelics and other "entheogenic plants" including magic mushrooms (psilocybin), ibogaine, and ayahuasca, which was proposed last month by Supervisors Dean Preston and Hillary Ronen, has been approved. In a stroke ...
Jushi Debuts Cannabis-Infused Chocolates by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced the launch of cannabis-infused chocolates by Tasteology in Massachusetts. The debut of the Company's latest product line, which has ...
Global Cannabis Market to Reach $148.9 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global cannabis market generated $25.7 billion in 2021, and is projected to reach $148.9 billion by 2031, growing at a CAGR of ...
Cannabis Community College Announces a New Online Education Platform
LAS VEGAS - Cannabis Community College is pleased to announce the launch of its new online education platform, featuring high-value classes taught by industry experts. Students can take courses and get certified at their leisure ...
Halo Collective and Alpha Blue Ocean Agree to Early Termination of Loan and Convertible Debentures Agreements
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, ...
Unity Rd. U.S. Cannabis Franchise Fuels 2022 Growth With New Market Expansion and Pending Transformative Acquisition
PHOENIX, Sept. 7, 2022 - Unity Rd National cannabis dispensary franchise in the U.S., has hit record-breaking milestones in 2022. From a pending acquisition that will expand the brand into the world's second largest cannabis market to ...
SEC, OCS and DOJ Investigate Dan Bilzerian’s Ignite Cannabis Company
TORONTO-Dan Bilzerian is under investigation by investigators from the US and Canadian governments. With more than 30 million followers on Instagram alone, Dan is regarded as the ''King of Instagram,'' but with the latest news, ...
Sproutly Announces Cease Trade Order
VANCOUVER, BC, Sept. 6, 2022 Sproutly Canada, Inc. Sproutly announced today that, the British Columbia Securities Commission has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 – Failure to File ...
