Consumer Research
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with ...
Legal Cannabis Shows Economic Gains and Stable Teen Use Trends
LOS ANGELES— A recent analysis from the Marijuana Policy Project (MPP) indicates that legal adult‑use cannabis sales have generated approximately $24.7 billion in state tax revenue since legalization began in 2014, with $4.4 billion collected in 2024 ...
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 ...
Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES- Canopy Growth Corporation's stock declined by 9% to a historic low of $1.26 per share following the company's announcement to issue up to $200 million in new shares. This move aims to bolster ...
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
MJ and MSOS ETFs Signal High Upside on U.S. Legalization Outlook
LOS ANGELES- Investment in cannabis-focused ETFs such as Amplify’s MJ and AdvisorShares’ MSOS reflects growing investor anticipation of federal legalization-driven expansion, even amid pronounced volatility and structural headwinds. Analysts argue that rescheduling cannabis from Schedule I ...
Legislative Wave Follows Growth of Hemp-Infused Beverage Market
LOS ANGELES- The market for hemp-derived cannabis beverages has expanded rapidly since the 2018 federal legalization of hemp, reaching an estimated value of over $1 billion today and projected to exceed $30 billion by 2035. ...
Canadian Cannabis Producers Expand Exports
LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...
A LIFE IN A DAY: Luc Van Poelje: Psychedelic Industry Personalities
LUC VAN POELJE is the founder of Psychedelic Insights. Luc is their lead psychedelic guide, working with patients who come to him to find solutions. Solutions to often intractable mental health issues. Based in the ...
Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings
CHICAGO–Green Ivy Capital, LLC, an affiliate of Chicago Atlantic Advisers, LLC, announced today it funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term ...
Sourcelight Combines CBD and Immunity Support in an All Natural, Sugar-Free Lollipop
NEW YORK–Everyone one loves lollies and everyone likes to feel great! To meet growing consumer demands for healthy, functional, all natural products, Feel Well Lollys developed a low calorie treat that delivers a powerful 50mg ...
US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair
DENVER–Akerna (Nasdaq: KERN), an enterprise software platform today announced Jessica Billingsley, the company's co-founder, CEO, and Chair of the Board, has been elected Chair of the US Cannabis Council (USCC), a coalition of leading cannabis ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor cultivation capacity, ...
Ziese Farms & Rodale Institute Launch Hemp Food Research
LOS ANGELES–Ziese Farms announces a hemp research partnership and patent licensing agreement with the Rodale Institute, a leader and pioneer in organic farming. Ziese Farms is a leading hemp food company that has achieved first ...
Psychedelics Hit Mainstream: 10 Celebrities that Treated with and Entered the Psychedelic Industry
MIAMI–Cannabis has been the gateway to legalization of plant medicine. It took a long time for cannabis to make it out of the prohibition closet at a state level, and as we see, it’s still ...
Jushi Holdings Inc. Receives $14.4 million Interim Arbitration Award
BOCA RATON, Fla., July 30, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that the American Arbitration Association awarded $14,364,920.10 to Jushi FL SPV, LLC (“Jushi ...
Cannara Biotech Inc. Reports First Quarterly Profit
MONTREAL--Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec-based mega cultivation facilities spanning over 1.65 million sq. ft., announced today its third ...
Petalfast Partners with Nabis to Exclusively Service its Complete Portfolio of Brands
OAKLAND, Calif., -- Petalfast, a sales and marketing agency for the cannabis industry announced today an exclusive partnership with Nabis, a licensed cannabis wholesaling platform. By leveraging Nabis' statewide network and technology tools, it is ...
True Leaf Completes Inaugural Cannabis Harvest
Vernon, British Columbia-- True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) has announced the completion its first harvest of premium craft cannabis. The Company is reported to have produced a small-batch cultivation ...
The Parent Company Strengthens California Retail Footprint
SAN JOSE, Calif --TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has acquired an operating retail dispensary located in Ceres, California from the owners of Jayden's Journey. Terms of the transaction were ...
Houseplant and Canopy Growth to Conclude Their Strategic Relationship in Canada
TORONTO–After three years of a successful joint venture, Houseplant and Canopy Growth Corporation have mutually agreed to end their relationship. The Canadian cannabis market has evolved substantially during this period, and the parties believe the ...
MJ Unpacked Announces Las Vegas Blues Brothers Concert Benefiting the Last Prisoner Project
LAS VEGAS– MJ Unpacked announces today a Blues Brothers concert benefiting the Last Prisoner Project. The concert will take place on Thursday, Oct. 21, 8:00 - 11:00 pm at The House of Blues at Mandalay Bay in Las Vegas. The ...
Innocan Pharma Announces Filing of Patent Application for Treatment and Prevention of Hair Loss
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) filed a patent application for its topical composition for hair loss treatment. The patent application discloses and claims several compositions for topical administration comprising cannabinoid ...
Cannabis Delivery Company Emjay Launches on Apple App Store
LOS ANGELES– Emjay, a cannabis delivery and retail company, today announced its first iOS app, which is now available for download on the Apple App Store. Users can browse Emjay's store and manage their accounts ...
ManifestSeven Reports Financial Results for Second Quarter Fiscal Year 2021
IRVINE–ManifestSeven Holdings Corporation (CSE: MSVN; OTCMKTS: MNFSF), an omnichannel platform for legal cannabis, today announced financial results for its fiscal second quarter ended May 31, 2021. M7's second-quarter financial results reflect the continued demand for ...
Leading Cannabinoid Scientist Professor Raphael Mechoulam Celebrates His 92nd Birthday This Year
JERUSALEM–If ever there was a person who deserved a Nobel Prize in Chemistry, it's the famous Cannabis Scientist Raphael Mechoulam. On November 5th, 2022, Professor Raphael Mechoulam celebrates his 92nd birthday. The distinguished professor is ...
Tryp Therapeutics Announces Q3 2021 Financial Results
SAN DIEGO–Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, announced today its interim financial results for the three and ...
Numinus Wellness Closes Q3 2021 With $63.2 Million Cash Position, Lab and Trial Advances, and Strategic Expansion into Psychedelic Neurology
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its fiscal third quarter results ended May 31, 2021. In the third quarter, Numinus maintained a ...
