Consumer Research
MindMed Rebrands as Definium Therapeutics, Targets 2026 Trials for LSD-Based Treatments
NEW YORK – Mind Medicine (MindMed) Inc., a developer of ...
Sunderstorm Welcomes Lime to Its Family of Brands
LOS ANGELES – Sunderstorm, the California-based Cannabis company behind the ...
LSD Shows Promise in Prolonged Reduction of Anxiety Symptoms
LOS ANGELES – A recent study published in the Journal of the American Medical Association (JAMA) on September 4, suggests that a single dose of lysergic acid diethylamide (LSD) may significantly reduce symptoms of generalized ...
Cannabis MSOs Face Manageable 2026 Debt Maturities, Viridian Analysis Shows
LOS ANGELES – Major Cannabis operators are navigating a once-daunting wave of debt due in 2026 with greater ease than anticipated, according to a recent chart from Viridian Capital Advisors. The analysis examines cash sources ...
The Scrappy Cannabis Retailer’s Playbook
LOS ANGELES- A Practical Guide to Building a Smarter Marketing System by Tim Naughton. The Cannabis retail landscape is competitive, taxed heavily, and increasingly crowded by new entrants including Hemp and THCA brands selling direct ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
Canadian Legal Cannabis Industry Contributes $16 Billion to GDP in 2024, Report Reveals
TORONTO – A new report from Organigram Global Inc., in collaboration with the Canadian Chamber of Commerce, details the substantial economic role of Canada's legal Cannabis industry last year. The sector added more than $16 ...
Aurora Cannabis Announces Fiscal 2022 Second Quarter Results
EDMONTON, AB- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. "During the second quarter, we improved our Adjusted EBITDA ...
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing
OAKLAND– Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing with Pelorus Equity Group and to ...
Village Farms International Appoints Ann Gillin Lefever as Executive Vice President of Corporate Affairs
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. ...
High Tide Closes Acquisition of Bud Room, Securing Ownership of Fastendr™ Retail Kiosk and Smart Locker Technology
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, ...
Thailand Becomes First Asian Country To Decriminalize Cannabis
BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the ...
Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SOUTH SAN FRANCISCO, Calif. - Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns ...
New York Office of Cannabis Management Cracks Down On Businesses ‘Gifting’ Cannabis
NEW YORK–The head of New York state’s Cannabis Control Board has declared that businesses that are giving away cannabis as a promotion with the purchase of an overpriced T-shirt, lighter or other item are breaking ...
Mydecine’s Exclusive Dealer Identified as Licensed Psilocybin and MDMA Supplier in Canada
VANCOUVER, British Columbia, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company”), a biotechnology company aiming to transform the treatment of mental health and ...
HEXO Provides Update on “The Path Forward”; Identifies $15 Million in Cost Savings
GATINEAU, Quebec–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis ...
Unrivaled Brands Expands Product Offering Through Distribution Agreement with POTTERS Cannabis Co.
SANTA ANA -- Unrivaled Brands, Inc. (OTCQX: UNRV) today announced a distribution agreement with POTTERS Cannabis Co., a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California ...
Gage Growth Corp. Launches Pure Beauty Products in Michigan Stores
DETROIT–Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), a premium cannabis brand and operator in Michigan, announced that the Company will launch products from Pure Beauty, starting Friday, February 11th. Gage previously announced an exclusive five-year ...
Two More Studies Link Cannabis Use to Greater Levels of Exercise
CAMBRIDGE, United Kingdom–In two representative studies published last year, an association was observed that cannabis users have greater levels of physical activity compared to those who did not use cannabis. Authors of the first study, published ...
Vilsack Calls Out Hemp During Announcement of USDA’s $1 Billion Climate Investment
JEFFERSON CITY U.S. Agriculture Secretary Tom Vilsack (featured picture) paid a visit to Lincoln University on Monday and announced that the USDA will invest $1 billion in climate-smart commodities and provide funding for pilot projects. ...
Apex Files Phase 2a Clinical Trial Application with Health Canada Announces Series A Financing
VANCOUVER, B.C.,–Apex Labs is also announce the filing of a phase 2a Clinical Trial Application with Health Canada on February 3rd, 2022. This CTA is for a randomized, double-blind, placebo-controlled, dose-finding study to evaluate the ...
Fyllo Unveils Jurisdiction Dashboard to Accelerate Regulatory Research
NEW YORK-- Fyllo, a leader in compliance-first SaaS solutions for highly regulated, high-growth industries, announced the launch of Jurisdiction Dashboard, a new feature in the Fyllo Regulatory Database. The dashboard, which updates in real-time, provides ...
New Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SAN FRANCISCO--Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns and struggles. When asked ...
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 ...
