Consumer Research
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired ...
ANNOUNCING: ‘Future of Cannabis’ with Guy Rocourt Returns With Fresh Conversations on the Next Chapter of Cannabis
The fortnightly series brings a product-first, market-realistic lens to cannabis, ...
Virginia Moves Closer to Cannabis Sales Launch
RICHMOND – Virginia's General Assembly moved forward with key Cannabis ...
Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood
LOS ANGELES – Glass House Brands Inc. began trading on the Robinhood app this week, opening the door for a broader swath of retail investors to access shares in a vertically integrated multistate Cannabis operator. ...
Cannabis Industry Eyes Quadrupled Growth Through 2033, Research and Markets Reports
LOS ANGELES – A new report from Research and Markets forecasts the global Cannabis market will expand from $39.1 billion in 2024 to $151.72 billion by 2033, reflecting a compound annual growth rate (CAGR) of ...
Curaleaf Secures $100M Revolving Credit Facility
STAMFORD – Curaleaf Holdings Inc. closed an expanded revolving credit agreement with Needham Bank, increasing its borrowing limit to $100 million from $40 million and extending the term to as long as five years. The ...
HCN Launches HCN Pay: The First Dual-Processor Payments Solution Designed Specifically for Cannabis Retail
LOS ANGELES — Highly Capitalized Network, a leading business and financial media platform for the Cannabis, psychedelics, and wellness industries, has officially launched HCN Pay, a breakthrough payments solution built exclusively for Cannabis retailers. HCN ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES - Critical compliance issues, market exits, and clinical and regulatory breakthroughs shaped a turbulent week for cannabis and psychedelics businesses. Cannabis Industry Highlights 1.Cresco Labs Exits California, Refocuses on Profitability Cresco Labs confirmed ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Investors and operators tuned in closely over the past fortnight as political signals rippled through boardrooms and trading floors, underscoring the sector's knack for turning headlines into hard dollars. Federal nods to ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Impact Naturals’ Cannabidiol Products Demonstrate Strong Safety Data in Landmark Study
SAN DIEGO - The largest-scale consumer safety study to date shows orally ingested cannabidiol (CBD) is safe for daily consumption. Results from a comprehensive, 1000+ participant safety study sponsored by seventeen leading CBD companies, including ...
Akerna Announces Strategic Review and Organizational Changes
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announces that it has engaged JMP ...
Ayr Wellness Announces Sale from Phoenix Cultivation Facility, Launch of STiX Pre-Roll Co. in Arizona
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced that it has launched first sales from its Phoenix, Arizona cultivation facility. Concurrently, the Company announced the launch of ...
Harborside Inc. Acquires Full Ownership of Seaside, California Store
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced that it reached an agreement on May 18, 2022 to acquire a further 50% ownership interest in its ...
Canopy Growth Announces Plan to Acquire Jetty Extracts
SMITHS FALLS, ON–Canopy Growth Corporation and Lemurian, Inc., a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements providing Canopy Growth, by way ...
Jushi Holdings Inc. Opens 32nd Retail Location Nationwide in Grover Beach
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it is expanding its retail footprint in California with the opening of its 32nd retail location nationally and third ...
MariMed Strengthens Executive Leadership Team
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced the appointment of Jon Levine to the new role of Chief Administration Officer and the appointment ...
Ayr Receives Final License to Sell Adult-Use Cannabis in Back Bay
Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission has granted a final license for the sale of adult-use cannabis at its AYR Back Bay ...
Clever Leaves Reports First Quarter 2022 Results
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the first quarter ended March 31, 2022. All ...
LIM College Business of Cannabis Degree Programs Announce “All-Star” Faculty for Fall 2022 Start
NEW YORK - In advance of the September start of its bachelor's and master's degree programs in The Business of Cannabis, LIM College has added some of the cannabis industry's best-known leaders to its faculty. ...
Cannabis Community Creates Social Impact During Asian Pacific American Heritage Month Through STIIIZY Joint Efforts
LOS ANGELES - STIIIZY, the #1 cannabis retailer in California and flagship brand of Shryne Group Inc., presents its "Joint Efforts" social impact program during Asian Pacific American Heritage Month. Founded during the pandemic last ...
TerrAscend Appoints Lynn Gefen as Chief Legal Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced the appointment of Lynn Gefen as Chief Legal Officer and Corporate Secretary effective May 23, 2022. Ms. Gefen brings more ...
Chris Beals of Weedmaps & Nick Kovacevich to Headline CWCBExpo New York
NEW YORK - Chris Beals and Nick Kovacevich, will be featured speakers in the “In Conversation with…” series at CWCBExpo New York, taking place June 2-4 at the Javits Center. CWCBExpo is the East Coast’s ...
HEXO To File Management Information Circular
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) , a producer of quality cannabis products, today announced that, on or about May 16, 2022, the Company expects to file a management information circular in ...
Goodness Growth Holdings Announces First Quarter 2022 Results
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, reported financial results for its first quarter ended March 31, 2022. All currency figures referenced in this ...
Harborside Inc., Announces New California Store Openings in San Francisco and La Mesa
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced it opened two new retail stores in California, bringing its total retail store count to 13. In addition, ...
Curaleaf Names Matt Darin CEO
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced that Matt Darin will become Chief Executive Officer of Curaleaf Holdings, Inc., effective today, ...
Kona Gold Beverage Launches Sparkling Ooh La Lemin Lemonades in Wisconsin
Melbourne, FL - Kona Gold Beverage, Inc. (OTC Pink: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, announce the Company’s sales team, along with its ...
Cronos Group Reports 2022 First Quarter Results
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 first quarter business results. “I founded Cronos because of the once-in-a-lifetime opportunity to help build and shape an industry that has the potential ...
MariMed Reports First Quarter 2022 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial results for the first quarter ended March 31, 2022. “I am very pleased with our ...
Curaleaf Reports First Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, reported its financial and operating results for the first quarter ended March 31, 2022. All financial information ...
Global Cannabis Products Market Report 2022-2030
DUBLIN - The "Cannabis Products Global Market Report 2022: By Product, By Usage, By Compound, By Route" report has been added to ResearchAndMarkets.com's offering. The global cannabis products market is expected to grow from $28.0 ...
Akerna Announces Financial Results for First Quarter 2022
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for ...
Curaleaf Expands Retail Presence in Florida with Three New Dispensaries
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open three new dispensaries in Florida over the coming weeks. Curaleaf's latest expansion will ...
California Needs to Eliminate Cultivation Tax So Legal Cannabis Can Compete With the Illicit Market
California could increase legal cannabis sales and bring in 123% more in total monthly cannabis-related tax revenue by 2024 by eliminating its cultivation tax, according to a new study by Reason Foundation, Good Farmers Great ...
