Consumer Research
Cannabis Debt Yields Show Wide Gaps Among Top Operators, Viridian Analysis Finds
LOS ANGELES – A fresh assessment of credit profiles among ...
Week In Review: Organigram Expands U.S. Market; The Senator Who Legalized Consumable Hemp Now Wants to Ban It; Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES — Welcome to the far too-exciting world of ...
Emerging Policies Reshape the Psychedelics Industry
LOS ANGELES- The psychedelics sector is undergoing significant transformations due to evolving regulatory policies and scientific advancements that could redefine their therapeutic applications. A notable development occurred in August 2024 when the U.S. Food and ...
Arizona’s Cannabis Sales Experience Downturn in 2024
LOS ANGELES- In 2024, Arizona's combined medical and adult-use cannabis market saw a decline, with total sales amounting to $1.1 billion, a decrease from the nearly $1.3 billion recorded in both 2022 and 2023. The ...
New Jersey Governor Proposes Increase to Cannabis Social Equity Tax
LOS ANGELES- Governor Phil Murphy has proposed raising New Jersey's social equity excise fee on cannabis from $2.50 to $15 per ounce. This proposal aims to generate additional revenue for social service and violence intervention ...
FDA Approves Cannabis Trial for Treating PTSD in Veterans
LOS ANGELES- The U.S. Food and Drug Administration (FDA) has approved a clinical trial investigating the use of smoked cannabis as a treatment for post-traumatic stress disorder (PTSD) in military veterans. The study, led by ...
Cannabis History: William Brooke O’Shaughnessy: The Irish Cannabis Pioneer Who Changed Medicine Forever
In the history of medical advancements, a few figures stand out as transformative pioneers. Among them, William Brooke O’Shaughnessy is celebrated for introducing cannabis into modern medicine, setting the stage for today’s understanding and use ...
French Parkinson’s Patients Indicate Strong Support for Medical Cannabis and CBD Use
LOS ANGELES- A recent study published in Clinical Parkinsonism & Related Disorders reveals that a significant majority of individuals in France diagnosed with Parkinson's disease (PD) are in favor of utilizing medical cannabis and cannabidiol ...
Distru Secures $6 Million Series A to Expand Cannabis ERP Leadership
LOS ANGELES- Distru, a enterprise resource planning (ERP) platform serving the cannabis industry, has successfully secured $6 million in a Series A funding round led by Poseidon Investment Management. This strategic investment aims to bolster ...
Bright Green Corporation Completes Restructuring, Exits Cannabis Sector
LOS ANGELES- Bright Green Corporation has finalized its restructuring plan, marking a strategic shift from the cannabis industry to the production of all U.S. Drug Enforcement Administration (DEA) scheduled controlled substances. This decision includes an ...
Pennsylvania Lawmakers Propose State-Run Dispensaries for Recreational Cannabis Sales
LOS ANGELES- In a move toward legalizing recreational cannabis, Pennsylvania legislators have introduced proposals to establish state-owned dispensaries, mirroring the state's existing model for alcohol sales. State Representatives Dan Frankel and Rick Krajewski advocate for ...
Florida Republican Lawmakers Propose Expansion of Medical Cannabis Access
LOS ANGELES- In recent legislative developments, certain Republican lawmakers in Florida have introduced bills aimed at broadening access to medical cannabis within the state. Notably, these proposals include provisions that would permit qualified medical cannabis ...
“Dangerous Delta-8?” CBD Manufacturer Warns Consumers About Potentially Harmful Chemical
SOUTHBRIDGE, Mass.,– High Purity Natural Products today announced a warning for consumers and manufacturers about potentially harmful chemicals within Delta-8 THC. Delta-8 THC, derived through a chemical process from hemp, is "said to be legal" ...
Next Green Wave Announces Financial Results And Provides Dispensary Update
VANCOUVER, B.C. – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF), a seed-to-shelf craft cannabis producer, announced operational and financial updates. Dispensary Updates The Company now has placed multiple product lines in approximately 75 dispensaries ...
High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD
CALGARY, AB,– (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced that it is taking another step towards solidifying itself as a major player ...
TerrAscend Closes Acquisition of Keystone Canna Remedies
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported it has closed the previously announced acquisition of GuadCo, LLC and KCR Holdings LLC for an implied enterprise ...
PharmaCielo Announces Financial Results for Fourth Quarter & Fiscal Year 2020
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO), (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the fourth quarter and year ended December ...
Emerald Health Therapeutics Reports 2020 Year-end And Fourth Quarter Financial Results
VANCOUVER, B.C.– Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) released its financial results for the 12 months ended December 31, 2020. "We ended 2020 with a complete transformation of Emerald's balance sheet and operating ...
Swiss Parliament Votes In Favor of Adult Use Cannabis Legalization
ZÜRICH–Switzerland's Health Commission of the Swiss House of Representatives, the Swiss National Council, in what will become an historic vote, has voted this past Friday, April 30th, in favor of legalizing cannabis for the Swiss. ...
Cansortium Completes $71 Million Debt Financing
MIAMI–Cansortium (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 with a syndicate led by ...
ManifestSeven Reports Financial Results for First Quarter Fiscal Year 2021
IRVINE, Calif.,– Manifest 7 Holdings (CSE: MSVN; OTCMKTS: MNFSF), a Californian integrated omni channel platform for cannabis, today announced financial results for its fiscal first quarter ended February 28, 2021. First Quarter 2021 Fiscal Quarter ...
The Parent Company Partners with Omura to Launch New Caliva Flowersticks
LOS ANGELES–TPCO Holding Corp. (NEO: GRAM.U, GRAM.WT.U) (OTCQX: GRAMF; OTC PINK: GRMWF) announces its partnership with Omura, a first-of-its kind whole flower vaporizer. The Parent Company will enter Omura's "heat-not-burn" category with the launch of ...
Green Thumb Industries Announces US $217 Million Senior Debt Financing
CHICAGO and VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, recently announced they had closed on a USD$217M senior non-brokered private placement ...
Khiron Life Sciences Reports 2020 Fiscal Year End Results
TORONTO–Khiron Life Sciences (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced today its financial results for the year ended and quarter ended December 31, ...
SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results
TORONTO–SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF), a cannabis consumer packaged goods company with a diversified portfolio of popular brands, today released audited financial results for the full year and three months ended December 31, ...
Numinus Wellness Q2 2021 Announced New Funding, Acquisitions And MAPS Collaboration
VANCOUVER, B.C.–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, today announced its second quarter financial results for the three months ended February 28, 2021. In the ...
Gage Growth Corp. Announces Fiscal Year 2020 Results
DETROIT– Gage Growth Corp., (CSE: GAGE), a leading cannabis brand operator in Michigan, today reported its financial results for the three and twelve months ended December 31, 2020. Financial Highlights for the year ended December 31, ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
