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Consumer Research2020-11-05T23:41:25-08:00

Consumer Research

Psilocybin Law Reforms Gain Momentum Across the United States

LOS ANGELES- Efforts to reform psilocybin laws are accelerating nationwide, with several states making significant strides toward decriminalization or legalization of the psychoactive compound found in "magic mushrooms."​ In Colorado, voters approved Proposition 122 in ...

  • Global Medical Marijuana Market

MediPharm Labs Reports 27% Annual Revenue Growth

LOS ANGELES- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced a 27% increase in annual net revenue for 2024, reaching $42 million. This growth is primarily attributed to a significant rise ...

Cansortium Completes Merger with RIV Capital

LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...

Psyence Biomed Completes $2 Million Private Placement

LOS ANGELES- Psyence Biomedical Ltd. , a biotechnology firm specializing in psilocybin-based psychedelic medicines, has finalized a private placement, securing approximately $2 million in gross proceeds. The financing involved the issuance of 1,000,000 common shares ...

Australian MP Proposes Cannabis Decriminalization

LOS ANGELES- An Australian Member of Parliament has introduced a proposal to decriminalize the possession of small quantities of cannabis, a move that has sparked significant discussion regarding the country's drug policies and their economic ...

Entourage Health Expands Senior Secured Credit Facility

LOS ANGELES- Entourage Health Corp., a Canadian producer and distributor of cannabis products, has amended its senior secured credit facility. The amendment increases the subordinated credit facility by approximately $3 million, with the funds advanced ...

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