Consumer Research
NY Cannabis Hits First $500M Quarter
NEW YORK – New York's legal Cannabis market set a ...
MariMed Steps Away from Missouri Operations
NORWOOD – In a sharp turn from expansion plans, MariMed ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its ...
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 ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
High-Potency Cannabis Strains Impact Legal and Health Systems
LOS ANGELES— The expansion of high-potency cannabis products—such as concentrated extracts, edibles, and potent vaping liquids is increasingly challenging health-care facilities and legal systems across North America. Emergency departments in the U.S. and Canada report ...
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, the psychoactive compound found in so‑called “magic mushrooms,” for patients with treatment‑resistant depression. This marks the first time psilocybin has been approved for medical use ...
Psyence Group Inc. Announces C$600,000 Private Share Offering
LOS ANGELES— Psyence Group Inc. a biotechnology firm focused on nature-derived psilocybin for mental health and palliative care, has announced a non-brokered private placement to raise up to C$600,000. The offering, detailed in a news ...
Goodness Growth Holdings Appoints Josh Rosen to Board of Directors
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that its Board of Directors has appointed Josh Rosen (main picture) to its Board of Directors, bringing ...
Goodness Growth Holdings Announces Second Quarter 2021 Financial Results
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today reported financial results for its second quarter ended June 30, 2021. "Our second quarter performance was in line ...
Neptune Reports First Quarter Results
LAVAL, QC, Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the ...
GrowGeneration Reports Record Second Quarter 2021 Financial Results
DENVER, GrowGeneration Corp. (NASDAQ: GRWG), the chain of specialty hydroponic and organic garden centers with 58 locations across 12 states, today reported record second quarter 2021 revenues of $125.9 million, versus $43.5 million in the ...
Charlotte’s Web Holdings, Inc. Reports Q2-2021 Results
DENVER, (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum hemp extract wellness products, today reported financial results for the second quarter ended June 30, 2021. All amounts are ...
The Green Organic Dutchman Reports Second Quarter 2021 Results
TORONTO - The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF), a producer of certified organically grown cannabis, reports its unaudited interim financial results for the quarter ended June 30, 2021. These filings are ...
Canbud To Enter U.S. Analytical Testing Services Market Via LOI To Acquire Steep Hill Labs
TORONTO–Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) announced that, on August 7, 2021, it entered into a non-binding Letter of Intent with Steep Hill Inc. in respect of a proposed transaction, whereby the Corporation would ...
New Urbn Leaf Dispensary CEO Ed Schmults Bolsters Leadership Team
SAN DIEGO– Urbn Leaf, a cannabis retailer led by CEO Ed Schmults (main picture), announced a bolstered leadership team ''accelerating the underlying business, sharpening consumer experiences, and positioning the company for future growth.'' Schmults, a ...
The Valens Company & Verse Launch New Vape Carts and Infused Beverages
KELOWNA, BC–The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced the launch of three new products in partnership with Verse Cannabis, including two new vape cartridges and the brand's ...
Sundial Reports Second Quarter 2021 Financial and Operational Results
CALGARY, AB–Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the second quarter ended June 30, 2021. All financial information in this press release is reported in millions of Canadian dollars and ...
Psychedelics As Medicine: Right To Try Case Versus DEA
DENVER– In what could be a groundbreaking case for psychedelic medicine, Vicente Sederberg's, Shane Pennington, is working as part of a wider team on an exciting and very important United States Court of Appeals for ...
Chill Pill Nominated as Best Edible in Arizona
PHOENIX–Desert Medical Campus in Payson, Arizona, is proud to announce that its Chill Pill brand of cannabis gel caps has been nominated as one of the best edibles in Arizona. The brand was selected by Phoenix New Times, and voting is now ...
Nova Announces Second Quarter 2021 Results
EDMONTON, AB–Nova Cannabis Inc. (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2021. "During the second quarter we ...
Pelorus Equity Group Opens New York City Office, Announces New Hires, as Empire State Prepares for Adult-Use Cannabis Market
NEWPORT BEACH, Calif.,– Pelorus Equity Group, a leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced the opening of its New York office, which is ...
Weedmaps Adds In-App Cannabis Purchasing for iPhone Users
SAN FRANCISCO–Thanks to Apple's new pro-pot App Store guidance, Weedmaps users can now purchase cannabis within the popular app. This means Weedmaps users can browse, select and purchase cannabis and have it set for pick-up or ...
iAnthus Reports Second Quarter 2021 Financial Results and Provides Update on Status of Recapitalization Transaction
NEW YORK and TORONTO, - iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three and six ...
Willow Biosciences Reports Second Quarter 2021 Results
VANCOUVER, BC, - Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) has released its financial and operating results for the three and six months ended June 30, 2021, reporting advancement in its operations and strong liquidity. "We continued to make substantial ...
Custom Cones USA Launches its White Paper On The Pre-roll Industry
KENT, Wash., -- To understand the current state of the pre-roll industry, Custom Cones USA surveyed more than 130 pre-roll companies and partnered with cannabis data firm, Headset, to gather data from dispensaries and pre-roll brands. Some key insights: ...
Trulieve Introduces New Brand Portfolio for Adult-Use and Medical Markets
TALLAHASSEE, Fla., - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced the launch of a comprehensive brand portfolio that includes four distinct brands designed to meet ...
NUGL Inc. Enters Into Strategic Joint Venture With Jamaican Medical Cannabis Company
Los Angeles, California--NUGL Inc. (OTC Pink: NUGL) , a search directory and multimedia platform for the cannabis industry, announced its joint venture agreement with Kaya Group, Jamaica's leading, vertically-integrated group of medical cannabis companies, to ...
Curaleaf Announce Second Quarter 2021 Financial Results
WAKEFIELD–Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended June 30, 2021. All financial information is provided in U.S. ...
Pet Releaf Hires Christopher Brooks, DVM As Vice President Of Pet Releaf Professional Sales
DENVER–Pet Releaf, a CBD hemp health brand for pets, announced that Christopher Brooks, DVM has joined the company as Vice President of Pet Releaf Professional Sales effective immediately. In this newly created role, Dr. ...
Cardiol Therapeutics to Commence Trading on NASDAQ Under the Symbol “CRDL”
OAKVILLE, ONTARIO–Cardiol Therapeutics Inc. (TSX: CRDL), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, announced today that it has received final approval from The Nasdaq Capital Market LLC ...
Khiron Publishes Inaugural 2020 ESG Report, Demonstrating Commitment to Sustainability and Continued Market Leadership
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), an integrated medical cannabis producer with core operations in Latin America and Europe, announced the release of its inaugural Environmental, Social and Governance (ESG) report, ...
The 357 Company Launches 357 Kerbsyde Last Mile Delivery
NASHVILLE–The 357 Company (357), a global transportation specialist, is launching 357 Kerbsyde, a last-mile Direct-to-Consumer(D2C) and Business-to-Business (B2B) delivery service to ship high-value products, sensitive, tightly regulated or short-deadline products. Typical shipments include: time-sensitive/just-in-time delivery of raw materials and ...
