Consumer Research
Indigenous Tribes Expand Presence in U.S. Cannabis and Hemp Sectors
LOS ANGELES- A recent analysis by the Indigenous Cannabis Industry ...
Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions
LOS ANGELES- A kiosk at Brookfield Square Mall in Brookfield, ...
South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES- The South African Department of Health has implemented ...
Week In Review: Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually; LEEF Brands Reports Financial Results; California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization; Village Farms International Granted 180-Day Extension to Meet NASDAQ; New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Ireland Could Make Great Cannabis Policy; Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry; Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services; Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
New Bill Seeks to Regulate Hemp-Derived Cannabinoid Market
LOS ANGELES- Senator Ron Wyden (D-OR) has introduced the Cannabinoid Safety and Regulation Act, a bill aimed at establishing a federal regulatory framework for hemp-derived cannabinoids. The proposed legislation would empower the Food and Drug ...
Psyence Biomed to Acquire Stake in PsyLabs for $1.1 Million
LOS ANGELES- Psyence Biomedical Ltd. announced its agreement to acquire an 11.13% stake in PsyLabs, a company specializing in psychedelic active pharmaceutical ingredients (APIs) and extracts, in exchange for $1.1 million worth of common stock. ...
Weedmaps’ WM Technology Faces SEC Scrutiny Over Misleading Investor Reports
NEW YORK–WM Technology, Inc. (Nasdaq: MAPS), best known for its cannabis-focused platform, Weedmaps, has found itself at the center of an SEC investigation over misleading user metrics. The California-based company recently agreed to pay a ...
Colorado’s Cannabis Market Faces Decline Amid National Expansion
LOS ANGELES- Colorado, once a leader in the legal cannabis market, is now grappling with declining sales and tax revenues. A report from the state's Legislative Council Staff attributes this downturn to market saturation, oversupply, ...
Week In Review: Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles; Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024; Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Washington State Senate Committee Advances Cannabis Direct Sales Bill; New Hampshire House Approves Limited Cannabis Legalization Bill; Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: TILT Holdings Divests Massachusetts Dispensaries for $2 Million; California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase; New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Decibel Announced Third Quarter Results with Net Revenue Growth and Re-Appointment of Director
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a cannabis producer, announced its third quarter financial results for the three month period ending September 30, 2021. "Decibel's continued growth is a testament ...
Ed “NJWeedman” Forchion and Son King Forchion Announce Exclusive Yohan Marley Club Residency at The Joint of Miami
MIAMI - King "Krefiii" Forchion, son of Ed "NJWeedman" Forchion, is determined to make his dad proud while uplifting the culture in the cannabis community. The young cannapreneur, under the influence of NJWeedman, has announced ...
Rove Enters the Massachusetts Cannabis Market with Award-winning Vapes
BOSTON–This month, legacy cannabis manufacturer Rove has launched its cannabis products into dispensaries across Massachusetts, from Boston to Springfield. Produced locally, six Black Box vape SKUs are now available, including High Times Massachusetts Cup award-winner Skywalker, with another seven ...
Germany Will Legalize Adult-Use Recreational Cannabis
BERLIN– Germany's incoming coalition government agreed to legalize cannabis as their new coalition government continue to hash out their plans for forming the new German government. The coalition partners plan to keep cannabis tightly regulated, ...
Psychedelic Psilocybin Could Cut Cravings in Alcoholics
NEW YORK–Alcohol is a scourge on humanity. Alcohol accounts for about 3 million deaths worldwide annually, and there are few approved drugs to treat alcohol use disorder. Along comes Psilocybin, the active ingredient in magic ...
Airfield Supply Company Introduces ‘Flower For Flight’ With AVIATION CANNABIS
SAN JOSE, Calif. - Airfield Supply Company — California's dispensary brand — announced the launch of its new flower company, AVIATION CANNABIS. Featuring the indoor-grown whole-bud flower as well as pre-rolls, infused flower products, house-made ...
Bo Jackson, Promise Nutraceuticals Launch Hero Brand CBD
ATLANTA - Vincent "Bo" Jackson, Co-Chairman of Promise Nutraceuticals announced the launch of their line of Hero Brand CBD products. "Over the past few years, we have been approached by several CBD companies that were ...
Canopy Growth Expands Premium Flower Portfolio with New Offerings across 7ACRES, 7ACRES Craft Collective, and DOJA Brands
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a hemp, and cannabis device company, unveiled a new lineup of premium flower offerings across its 7ACRES, 7ACRES Craft Collective and DOJA brands, including ...
Elevate Holistics Simplifies Access to Medical Marijuana
KANSAS CITY, Mo. - Elevate Holistics, a solution provider in the medical marijuana industry, has launched a new platform to simplify the process of obtaining a medical marijauna card. "Until now, people looking to obtain ...
Pet Releaf Partners with Alphagreen to Launch Pet CBD Product in Europe
DENVER - Pet Releaf, the animal health brand, has announced its European expansion with Alphagreen, the health and wellness e-commerce platform. For the first time, consumers across the Alphagreen e-talier shopping channel in Europe will ...
Pistil Data Closes $6.5M Seed Round Led by Casa Verde
SAN FRANCISCO, Calif. - Pistil Data, the cannabis market intelligence platform, announced today it has closed a $6.5M seed round led by Casa Verde, with participation from JW Partners and several Silicon Valley tech entrepreneurs. ...
Cann Launches Across Massachusetts
LOS ANGELES - Cann, California's cannabis-infused beverage company, announced the availability of its cult favorite microdosed THC social tonics in dispensaries across Massachusetts. This expansion announcement comes on the heels of an eventful year of ...
Curaleaf Holdings, Inc. Announced Distribution Agreement with Southern Glazer’s Wine & Spirits for Curaleaf Hemp and Select CBD
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer CBD and hemp products, announced that it has signed a national distribution agreement with Southern Glazer's Wine & Spirits, ...
Green Scientific Labs Management Group, LLC Reports Ownership of Securities of Green Scientific Labs Holdings Inc.
TORONTO - On November 15, 2021, Green Scientific Labs Holdings Inc. (formerly Prominex Resource Corp.) completed a reverse takeover transaction pursuant to which the Company acquired Green Scientific Labs, LLC. In connection with the RTO, ...
TerrAscend Acquires Property to Expand Maryland Cultivation and Processing Footprint
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary has acquired a commercial property located at 273 East Memorial Boulevard, Hagerstown, Maryland, for a ...
atai Life Sciences Reports Third Quarter 2021 Financial Results and Corporate Update
BERLIN and NEW YORK– atai Life Sciences N.V. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, today reported its financial results for the third quarter ended September 30, ...
Awakn Life Sciences Signs Agreement with UK Health Service for Access to Psychedelic-Assisted Psychotherapy in the UK
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced today it has signed a Memorandum of Understanding with Devon Partnership NHS ...
Puffco Unveils Indiglow Peak Pro Collection
LOS ANGELES, CA -- November 17, 2021 -- Puffco, the electronic consumption device innovator, today released the Indiglow Peak Pro, a limited edition version of its award-winning Peak Pro device. Along with the device is ...
The Harvest Ball 2021 Announces “Emerald Sessions,” Emerald Cup-Approved Cannabis, Psychedelic, Educational Panels AND Conversations Powered By Social Club TV
SANTA ROSA, CALIFORNIA - Harvest Ball (www.theemeraldcup.com) is excited to announce a diverse schedule of thought leaders, advocates, educators and experts for “Emerald Sessions,'' powered by Social Club TV (www.thesocialclub.tv). The Emerald Cup will take place on December 11 ...
Indiva Reports Third Quarter Fiscal 2021 Results
LONDON, ON. – Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the third quarter of fiscal 2021 ended September 30, 2021. All figures are reported ...
Allied Corp Progresses Towards Clinical Phase I Trial for Psilonex™ RX Psilocybin Pharma Drug
KELOWNA -- Allied Corp. (OTCQB: ALID) announced the advancement of their Psilonex™ RX human clinical phase I trial. Allied has now sourced the active pharmaceutical ingredients contained in Psilonex™ and is now moving towards producing the ...
Verano Announces Third Quarter 2021 Financial Results
CHICAGO– Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a leading multi-state cannabis company, today announced its results for the third quarter ended September 30, 2021. The financial information below is reported on a pro forma, ...
Reuters: Cannabis Could Bring Germany $5 Billion Per Year in New Revenues
BERLIN– Legalizing weed in Deutschland could help Germany create new annual tax revenues of 4.7 billion euros ($5.34 billion). Further, cannabis is forecast to account for 27,000 new jobs in Germany according to a new ...
Weedmaps Releases In-Depth Study on US Cannabis Consumers
IRVINE, Calif.--WM Technology, Inc. (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, has released its first data and insights report, titled ‘Cannabis in America’. This report shares current data and ...
Curaleaf Announces Distribution Agreement with Alcohol Merchants Southern Glazers for Curaleaf’s Hemp Brands
WAKEFIELD, Mass.-- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer CBD and hemp products, today announced that it has signed a national distribution agreement with Southern Glazer's Wine & ...
