Consumer Research
Virginia Panel Outlines Path to Regulated Cannabis Sales in 2026
RICHMOND – Members of Virginia's Joint Commission to Oversee the ...
Grown Rogue Takes Full Ownership of Illinois Cultivation Project
MEDFORD – Grown Rogue International Inc. has acquired the remaining ...
Winners and Losers in Cannabis: The Efficiency Divide
LOS ANGELES — The U.S. Cannabis industry is evolving—but not ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Trump Administration Supports Psychedelic Research in Mental‑Health Efforts
LOS ANGELES- The Trump administration is showing growing support for research into psychedelics such as MDMA, psilocybin, and ibogaine as potential treatments for mental health conditions. Led by Health and Human Services (HHS) Secretary Robert ...
Missouri’s Cannabis Industry Experiences Significant Growth
LOS ANGELES- Since legalizing recreational cannabis in 2022, Missouri has rapidly emerged as a prominent player in the cannabis market. The state now ranks as the seventh-largest in cannabis sales, surpassing states with larger populations ...
Silly Nice Collaborates with Cannabis Justice & Equity Initiative to Promote Social Equity in New York’s Cannabis Industry
LOS ANGELES- Silly Nice, a Black and Veteran-owned cannabis brand based in Harlem, has partnered with The Cannabis Justice & Equity Initiative (CJEI) to support communities disproportionately affected by past cannabis prohibition. This collaboration focuses ...
Vista Hosts San Diego County’s First Licensed Public Cannabis Festival
LOS ANGELES- The city of Vista has made history by hosting San Diego County's first licensed cannabis event on public property. The Farmer's Cup, held at the Moonlight Amphitheatre, marked a significant milestone in the ...
Tokyo Smoke Closes Toronto Locations Amid Industry Challenges
LOS ANGELES- Tokyo Smoke, a prominent cannabis retailer, has reportedly ceased operations at all its Toronto outlets. This development aligns with a broader trend of cannabis store closures across Canada, reflecting the industry's evolving landscape. ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
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 ...
Agrify Acquires Lab Society
BILLERICA, Mass. - Agrify Corporation (Nasdaq:AGFY), the most innovative provider of cultivation and extraction solutions for the cannabis and hemp industry, announced it has acquired Lab Society, a distillation and solvent separation solutions for the ...
Consumer Interest Continues to Rise as CBD Sales Expected to Reach $16 Billion By 2026
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - Brightfield Group recently released a report on the sales of cannabidiol (CBD) in the United States. According to the report, sales of CBD reached $5.3 billion in ...
Awakn Life Sciences Signs MoU With MAPS
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced earlier this month that it has signed a Memorandum of Understanding with ...
Repsly Announces New Retail Technology Partnership with Curaleaf
BOSTON - Repsly, a retail technology platform, announced it has entered into a technology partnership agreement with Curaleaf (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis. This agreement will support ...
Trulieve Celebrates Statewide Retail Rebrand in Maryland
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, is hosting a statewide celebration commemorating the re-branding of its Maryland retail locations, formerly branded as Harvest. On ...
Phylos Closes $7.6 Million in Funding to Scale Market-Validated Cannabis and Hemp Genetics
PORTLAND, Ore. - Phylos®, a modern crop science company developing advanced Cannabis and hemp genetics, announces the close of its growth funding round totaling $7.6M led by Merida Capital Holdings. Other major investors in the ...
GenTech & Conquer Scientific Combine to Become Global Leader in Used & Refurbished Scientific Instruments
BUFFALO, N.Y.– Purity Scientific LLC, a parent company of GenTech Scientific which is a leading provider and servicer of refurbished scientific instruments, announced that it has acquired Conquer Scientific. The acquisition combined two industry leaders, allowing ...
Behind The Scenes: Bespoke Financial: Funding the Future of Cannabis
LOS ANGELES–In a relatively short period of time, Bespoke Financial has established itself as the nation’s first cannabis-focused fintech lending platform. They’ve been in the news lately because they recently secured a new $125 million ...
Verano to Enter New York, Minnesota & New Mexico Markets with Proposed Acquisition of Goodness Growth Holdings
CHICAGO-- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) are pleased to announce that they have entered into a definitive arrangement agreement to which Verano will acquire ...
Registration for Cannabis Training at Kalamazoo Valley Community College Now Open
KALAMAZOO - Registration is now open for Kalamazoo Valley Community College's three cannabis certificate programs. The college announced the addition of the programs last month in an effort to provide job skills training for those ...
