Consumer Research
Emerald Intel Acquires Cannabiz Media, Expanding Reach in Cannabis Intelligence Sector
ANNAPOLIS – Emerald Intel, a key player in Cannabis market ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Colorado Issues Initial Psilocybin Business Licenses
LOS ANGELES- In January 2025, Colorado began accepting applications for psilocybin-related business licenses, following the approval of regulations by the Department of Regulatory Agencies and the Department of Revenue. These licenses encompass roles such as ...
LEEF Brands to Enter New York’s Expanding Cannabis Market with Acquisition of Tier 1 Processing License
LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to ...
Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES- Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, has bolstered its financial position by obtaining approximately $9.7 million through two strategic financial maneuvers. Employee Retention Credit (ERC) Refund Proceeds The company received ...
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
CANOPY GROWTH REPORTS THIRD QUARTER FISCAL 2022 FINANCIAL RESULTS
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the third quarter fiscal 2022 ended December 31, 2021. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Encouraging ...
First African Cannabis SPAC Planned by Cilo Cybin Founder Theron
CAPE TOWN– Cilo Cybin, the first firm in South Africa to be approved by regulators to cultivate and sell cannabis while researching the benefits of magic mushrooms, is mulling a listing in Johannesburg...and Luxembourg, according to ...
Leafly Begins Trading on Nasdaq Under ‘LFLY’ Following SPAC Merger with Merida Merger Corp
SEATTLE & NEW YORK–Leafly Holdings Inc., a leading online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ), a special purpose acquisition company sponsored by Merida Capital Holdings, today ...
Thompson Duke Industrial Automates Filling and Capping of Dablicator™ Oil Applicator
PORTLAND, Ore.- Thompson Duke Industrial, cannabis oil vaporizer device filling and capping equipment, is now providing automated solutions for filling and capping the Dablicator™ Oil Applicator. The patented Dablicator™ Oil Applicator, invented by California's Jetty ...
Standard Insights Announces an AI-Driven Analytics Integration with Flowhub
ATLANTA - Standard Insights, an AI as a Service marketing platform announces an integration partnership with Flowhub, a cannabis point-of-sale solution with a valuation of over $200 million that includes leading investors Headline, Poseidon, and ...
Enveric Biosciences Announces Successful Synthesis and Filing of Provisional Patent
NAPLES, Fla. - Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health, and oncology treatments, announced the development of EV104a and EV104b, new molecular conjugates for Osteoarthritis and other pain indications. The ...
Schwazze Closes New Mexico Acquisition
DENVER - Schwazze, (OTCQX: SHWZ), a cannabis operators in Colorado, announced that it has closed the transaction to acquire substantially all the operating assets of Reynold Greenleaf & Associates, LLC, and the equity of Elemental ...
Sierra Sage Herbs Acquired By Creso Pharma
LYONS, Colo. - Sierra Sage Herbs, maker of the best-selling Green Goo, Southern Butter and Good Goo natural products brands, announced its acquisition by Australia's Creso Pharma Limited (ASX: CPH, OTC: COPHF, FRA: 1X8). The ...
Canntab Signs Historic Agreement With First Nations Growers GP INC.
TORONTO - Canntab Therapeutics Limited (CSE:PILL) (OTCQB:CTABF) (FRA:TBF1), an innovator of cannabinoid and terpene blends in hard pill form for therapeutic applications, announced a strategic planning collaboration and commercial partnership to create an Indigenous Opiate ...
Charlotte’s Web Achieves ISO Certification for In-House Lab Testing
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has achieved International Organization for Standardization (ISO) 17025 certification. This certifies that Charlotte's Web has met the technical and quality benchmarks required by ISO 17025 ...
TerrAscend Announces Key Leadership Team Additions
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Charishma Kothari as SVP Marketing, Charles Oster as SVP Sales, and Jared Anderson as SVP ...
Aurora Cannabis’s Reliva Expands Portfolio with New CBD Brand, KG7
EDMONTON, AB - Reliva, an American CBD brand and subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced the launch of KG7, a new high-quality ...
Assemblyman Thurston “Smitty” Smith Introduces Legislation to Increase Penalties on Industrial-Grade Illegal Cannabis Grows
APPLE VALLEY, CA – Today, Assemblyman Thurston “Smitty” Smith introduced legislation that seeks to combat illegal marijuana grows that have been proliferating throughout the rural High Desert communities. AB 1725 would make changes to Proposition 64 to increase penalties ...
Ace Valley Brand Expands Product Portfolio
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced the extension of the Ace Valley brand portfolio, bringing two new beverages and hard candy formats ...
LIM College to Offer Master’s Degree in The Business of Cannabis
NEW YORK - LIM College, a leading educational authority in the business of fashion and its adjacent fields, is launching a Master of Professional Studies (MPS) degree program in The Business of Cannabis. The College ...
My Next Health to Support NFL funded University of Regina Research on Concussions and Pain Management
NEW YORK - My Next Health Inc. announced its $400,000 USD in-kind support of the medical research team at the University of Regina in Canada, along with the $570,030 USD awarded from the National Football ...
Abaca Crosses $2 Billion Dollars in Compliant Cannabis Commerce
NORTH LITTLE ROCK, Ark. - Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry. The company's growth is fueled by aligning its bank-backed financial technology ...
AskGrowers Provides In-Depth Information and Reviews on Over 5,200 Cannabis Strains
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has collected information on more than 5,200 strains using 20 different metrics and ...
U.S. House of Representatives Advances Cannabis Banking Bill; Final Passage Uncertain
WASHINGTON, D.C.–On Friday, the United States House of Representatives approved a popular cannabis banking reform amendment proposed by the U.S. Rep. Ed Perlmutter (D-CO) that would provide protections to financial institutions assisting legal cannabis-based businesses ...
Deloitte: Cannabis Booming in Canada Adding $43.5 Billion to Canadian GDP
TORONTO- A new report by Deloitte says that $11 billion in cannabis sales has created 151,000 new jobs and added $43.5 billion to Canada’s GDP The cannabis market is in "robust health" three years after ...
Patients with Chronic Back Pain Reduce Their Opioid Use Following Initiation of Medical Cannabis Therapy
PHILADELPHIA- (NORML) Patients suffering from chronic back pain reduce their use of prescription opioids and report improvements in their condition following medical cannabis treatment, according to longitudinal data published in the journal Cureus. Investigators affiliated with Thomas Jefferson ...
Mississippi Becomes 37th State to Legalize Medical Cananbis
JACKSON, Mississippi — Mississippi has legalized medical cannabis for those suffering from terminal illnesses like cancer, AIDS, and sickle cell disease. Gov. Tate Reeves, a Republican, signed the bill on Wednesday, and it went into ...
The Cannabinoid Derived Pharmaceutical Market worth US$ 11.2 Billion by 2030
JERSEY CITY, N.J. - The newly published report titled "Global Cannabinoid Derived Pharmaceutical Market – By Trends, Industry Competition Analysis, Pipeline Analysis, COVID-19 Analysis, Revenue (US$ Millions) and Forecast Till 2030." features detailed industry analysis ...
Avicanna Provides Q4-2021 Results Fiscal 2022 Outlook
TORONTO - Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial-stage, and international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to provide fourth quarter 2021 ...
Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility
WINNIPEG, Manitoba- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) announced that it has entered into a binding commitment letter with connectFirst Credit Union Ltd. for $32 million in credit facilities. The Proposed Credit Facilities ...
