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

Consumer Research

Cannara Secures Upgraded $80M Credit Line

MONTREAL – Cannara Biotech Inc. announced that its operating subsidiary has entered into an amended and restated syndicated credit agreement with Bank of Montreal (BMO) and The Toronto-Dominion Bank (TD), establishing $80 million in committed ...

Virginia Unveils Draft Rules for Adult-Use Cannabis Market

RICHMOND – The Virginia Cannabis Control Authority (CCA) released an 80-plus-page draft regulatory framework for the state's forthcoming adult-use market – the first detailed set of proposed rules since the General Assembly authorized commercial sales ...

High Times Cannabis Cup Debuts in Montana

HELENA – A competition that helped define American Cannabis culture is coming to a new state. Big Sky Country is preparing for its first-ever High Times Cannabis Cup. The event is set for Saturday, September ...

Canada Is Now the World’s Largest Cannabis Market

OTTAWA – Supported by 3,420 licensed stores and roughly 7.1 million past-year consumers, Canada's legal industry generated C$5.42 billion (approx. US$3.98 billion) in retail sales in 2025, making it the world's largest federally-legal Cannabis market ...

DEA MJ Rescheduling Transcript Goes Public

WASHINGTON – The Drug Enforcement Administration (DEA) released the complete, corrected transcript from its 11-day marijuana rescheduling hearing, giving the public its first detailed account of the testimony that will guide DEA Chief Administrative Law ...

Grown Rogue Launches Cultivation Ops in Minnesota

MEDFORD – Grown Rogue International Inc. officially began cultivation operations at its Fridley, Minnesota facility, nine months after first securing the location in December 2025. Phase I puts roughly 8,000 sq. feet of flowering canopy ...

Sunderstorm Welcomes Lime to Its Family of Brands

LOS ANGELES – Sunderstorm, the California-based Cannabis company behind the popular Kanha edibles line, revealed its purchase of Lime, an expert in pre-rolled joints that has carved out a steady presence in the state's retail ...

Who Will Decide Cannabis Legalization? The Math Will.

LOS ANGELES -For decades, Cannabis reform in the United States has moved unevenly—state by state, ballot by ballot, crisis by crisis. On paper, federal prohibition still stands, and national politics remain polarized. But economically and ...

Fluent Offloads Pennsylvania Dispensaries

NEW YORK – Fluent Corp. has finalized the sale of its three Pennsylvania dispensaries to HIVE Holdings Inc. for $12.5 million in cash, marking a deliberate shift toward debt reduction and operational efficiency. The deal ...

DEA Increases Psychedelics Production Quotas for 2026

WASHINGTON – The Drug Enforcement Administration has approved expanded production limits for key psychedelics, setting the stage for increased scientific inquiry into substances like psilocybin and DMT next year. In a final order published Monday ...

Wyld Acquires Grön

SEATTLE – Wyld, a leading producer of THC-CBD-infused gummies and chocolates, announced its agreement to acquire Grön, a Portland-based maker of sugar-coated pearls and confections, in a move that unites two prominent players in the ...

Week in Review: Cannabis & Psychedelics Industry Highlights

LOS ANGELES – Federal rescheduling under President Trump’s Executive Order sparked widespread state reactions and investor outlooks into early 2026, blending consolidations and expansions with regulatory friction, outright manipulation, and overtures to public opinion. Psychedelics ...

California Allocates $30M in Cannabis Research Grants

SACRAMENTO – California's Department of Cannabis Control has disbursed nearly $30 million to support 22 academic projects examining Cannabis's influence on public health, environmental practices, and the regulated market. The funding, drawn from taxes on ...

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