Consumer Research
Delaware Moves to Regulate THC-Infused Beverages
DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee ...
Louisiana Bill Would Tap Opioid Settlement Funds for Psychedelic Therapy Studies
BATON ROUGE – Louisiana lawmakers have advanced legislation that would ...
India Awards First Public Funding for Cannabis Research in More Than 50 Years
NEW DELHI – The Indian government has awarded public funding ...
Medicare Explores CBD Coverage for Seniors
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) is set to roll out a pilot program that could extend coverage to cannabidiol (CBD) treatments for certain older Americans, marking a cautious step by ...
How to Make the Most of MJBizCon? Take Full Advantage of LinkedIn
LOS ANGELES- Each year, the global Cannabis industry converges on Las Vegas for MJBizCon Dec 2-5 in the Las Vegas Convention Center—a concentrated, high-value moment where operators, investors, executives, retailers, lenders, lawyers, accountants, manufacturers, and ...
New Jersey Assembly Panel Clears Path for Psilocybin Therapy Program
TRENTON – New Jersey lawmakers advanced a bill that would allow supervised access to psilocybin for adults facing certain health challenges, establishing a regulated psilocybin therapy framework approved by the Assembly Health Committee. Assemblymember Anthony ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed suit against New York regulators on Friday, claiming a state error in enforcing school buffer zones threatens their operations and could force closures or costly ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Rubicon Organics Reports Q2 2025 Financial Results
VANCOUVER, BC – Rubicon Organics Inc., a leading Canadian producer of premium organic Cannabis, announced financial results for the second quarter ending June 30, 2025. The company reported net revenue of $15 million, a 24% ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Lively discussions were fueled last week by policy developments, financial reports, and strategic expansions in the Cannabis and Psychedelics industries. From federal rescheduling debates to global market moves, the Highly Capitalized Network ...
West Virginia Medical Cannabis Costs Drive Patients Across State Lines for Lower-Priced Options
CHARLESTON – Elevated prices in West Virginia's medical Cannabis system continue to steer registered patients toward recreational outlets in Ohio, Maryland, and Michigan, where products sell at fractions of the cost despite legal barriers to ...
Florida Takes Action to Advance Adult-Use Cannabis Ballot Measure, Lawsuit Ends Delay
TALLAHASSEE – Florida election officials cleared a procedural roadblock for a proposed constitutional amendment to legalize recreational Cannabis, submitting the measure to the state attorney general's office just weeks after advocates sued over perceived delays ...
Viridian Capital Advisors Reports Valuation Metrics for U.S. MSOs with Market Caps >$100M
LOS ANGELES – Multi-state cannabis operators in the United States are carrying valuation multiples that signal caution among investors, even as growth prospects brighten for the coming year. According to a fresh Weekly Valuation Report ...
Avicanna To Bring Its CBD-Based Drugs To Latin America Via Chilean Pharma Partner
TORONTO--Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that through its majority owned subsidiary Santa Marta Golden ...
Vangst Secures $19M to Help Cannabis Industry Hire Workers
LOS ANGELES–Vangst has raised a $19 million Series B led by Level One Fund, with support from investors including Lerer Hippeau, Colle Capital and Casa Verde Capital. Based in Denver, the company offers a recruitment platform intended to help cannabis companies ...
GrowGeneration Provides Fourth Quarter and Full Year Updated Outlook with 2021 Annual Revenues
DENVER- GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced revised full-year 2021 revenue expectations of $420 million to $422 million, versus $193 million for 2020, an increase of ...
Extract Labs Launches Immune Support Tincture, First CBGa Product to Hit the Consumer Market
LAFAYETTE, Colo.,- Extract Labs, a full-service CBD extraction laboratory and retailer, today announced the launch of its 2,000mg full-spectrum Immune Support CBGa CBDa Tincture, a 1:1:1:1 500mg CBGa, CBDa, CBG and CBD tincture blend that ...
Halo Enters Functional Beverages Via Acquisition of H2C Beverages
TORONTO– Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it is expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and the ...
Charlotte’s Web Reorganizes for ”Agility, Growth, and Cash Generation”
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings has completed a reorganization to drive agility and growth as the Company prepares to launch new products, channels and markets, with intent to return to positive cash ...
Numinus Submits Clinical Trial Application for Phase 1 Trial on Proprietary Psilocybin Product
VANCOUVER–Numinus Wellness Inc. (TSX: NUMI), a leader in psychedelics-focused mental healthcare, is pleased to announce that it has formally submitted the clinical trial application to Health Canada for its Phase 1 study, HOPE, on a ...
Cannabis Entrepreneur Profile: Judson Hill: Head of Revenue: Bespoke Financial
LOS ANGELES–Judson Hill didn’t start out on the financial side of the cannabis industry—despite being the second team member to join California’s massive cannabis lender, Bespoke Financial. As a 'native' of the fashion industry, Judson’s ...
Collective Cannabis Chooses Wings Assembly-to-Delivery EXO System
BOSTON, - Wings, a robotics and AI startup developing retail, announced that Collective Cannabis, a Cannabis Dispensary, will utilize its EXO Delivery System to streamline logistics, foster a happier workforce, and enhance the consumer experience. ...
High Life Farms Launches Popcorn Small Buds Product Line in MI
CHESANING, Mich.- High Life Farms, a cannabis company with operations in Michigan and California, announced that Popcorn Buds Pre-Packaged Flower, a line of small buds featuring vintage, carnival-style packaging, is now available across Michigan dispensaries. ...
NIHC and HCANN-CR Enter MOU to Advance the Brand of Hemp Throughout the Americas
WASHINGTON - The National Industrial Hemp Council of America (NIHC) and the Hemp and Cannabis Costa Rica Council (HCANN-CR) announced that they have signed a memorandum of understanding (MOU) to cooperate on issues including improving ...
CannabizTeam Predicts 100,000 New Cannabis Jobs in 2022
SAN DIEGO - CannabizTeam Worldwide, the cannabis-focused executive search and staffing firm, announced the release of its 2022 Cannabis Industry Salary Guide. This is the fourth edition of CannabizTeam's national salary guide, a comprehensive report ...
AUDACIOUS Completes Transaction to Acquire Lo͞oS
LAS VEGAS - Terry Booth, CEO, announced that Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), has completed its acquisition of Lo͞oS, a cannabinoid-infused shot beverage company, based in Santa Cruz, CA. "We can now go ...
Cantourage Brings First Ugandan Medical Cannabis to Germany via Partnership with Together Pharma
BERLIN–European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the first Ugandan medical cannabis brought to Germany. From today, pharmacies and patients throughout Germany will have ...
Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market
LAS VEGAS– Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health (GTH), a subsidiary ...
Health Canada Allow Physicians to Request Banned Drugs on Behalf of Patients
OTTAWA–In a groundbreaking decision, the Canadian government is changing the way patients can access psychedelic therapies with restricted drugs, including MDMA and psilocybin. Through an amendment to federal regulations, Health Canada is now allowing physicians to request ...
AWAKN Shares Data from Phase 2 Study for Treating Alcohol Abuse with Ketamine
TORONTO–Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics (medicines and therapies) to treat addiction, is delighted to announce ground-breaking positive data from their Phase II ...
A LIFE IN A DAY: Mitch Pfeifer: CEO: Respect My Region
MITCH PFEIFER is the founder and CEO of leading cannabis and music media platform Respect My Region. With a rich entrepreneurial background in digital marketing, and cannabis, Pfeifer has deep experience in highly regulated industries, ...
Cannabis Sales in Arizona Top $1.2 Billion in First 11 Months of 2021
PHOENIX–The Arizona Department of Revenue reported more than $1.23 billion in combined cannabis adult use & medical sales through the first 11 months of 2021, indicating that the state's cannabis industry is continuing to expand. ...
Viola Closes $13 Million Bridge Round
LOS ANGELES–Viola, the leading Black-owned multinational cannabis brand, rooted in building equity within the space, announced the closing of a $13 million equity funding round. DelMorgan & Co., an internationally recognized investment banking firm headquartered ...
Better U Announces a Team of Physicians to Enhance At-Home Psychedelic-Assisted Therapy
LOS ANGELES - Better U, at-home psychedelic-assisted therapy has announced its team of medical experts to enhance the benefits of their integrative psychedelic-assisted therapy experience for patients. Better U offers safe, legal, and effective online ...
Halo Collective Expands into Functional Beverages
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and ...
Cantourage brings Ugandan medical cannabis to Germany through partnership with Israel’s Together Pharma
BERLIN - European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the Ugandan medical cannabis brought to Germany. From today, pharmacies and patients ...
Field Trip Receives US Patent Covering Novel Psychedelic Molecule
TORONTO--Field Trip Health Ltd. (NASDAQ: FTRP, TSX: FTRP), a global leader in the development and delivery of psychedelic therapies, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance ...
New Global Coalition Launches to Secure Rescheduling of Psilocybin Under 1971 UN Convention on Psychotropic Substances
Today marks the launch of the International Therapeutic Psilocybin Rescheduling Initiative (ITPRI), a global coalition working to promote and secure a rescheduling of psilocybin under the 1971 Convention on Psychotropic Substances. Psilocybin is the active ...
