Consumer Research
Michigan Cannabis Trade Group Challenges New 24% Wholesale Tax in Court
LANSING – Yesterday, hours after Gov. Gretchen Whitmer put her ...
Organigram Expands U.S. Market Through Collective Project Direct to Consumer Launch and THC Beverage Portfolio Expansion
LOS ANGELES- Organigram Global Inc. Canada’s largest cannabis producer by ...
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
Washington State Senate Committee Advances Cannabis Direct Sales Bill
LOS ANGELES- The Washington State Senate Labor and Commerce Committee held a public hearing on Senate Bill 5403, legislation proposing to allow licensed cannabis producers and processors to sell cannabis flower directly to consumers. The ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Psilocybin Shows Potential for OCD and Tourette’s Treatment, Study Finds
LOS ANGELES- A new study published in Molecular Psychiatry has identified psilocybin, a psychedelic compound, as a promising candidate for the treatment of obsessive-compulsive disorder (OCD) and Tourette's syndrome. Conducted by researchers at the Hadassah-Hebrew ...
AFC Gamma (AFCG) Set to Announce Quarterly Earnings
LOS ANGELES- AFC Gamma, Inc. is scheduled to release its quarterly earnings report on Wednesday, November 13, 2024, before the market opens.Analysts anticipate earnings of $0.33 per share for the quarter. In the previous quarter, ...
California’s Cannabis Excise Tax Set to Increase Amid Industry Concerns
LOS ANGELES- California's legal cannabis industry faces a significant fiscal challenge as the state's excise tax on cannabis products is scheduled to rise from 15% to 19% on July 1, 2025. This increase stems from ...
Italy’s Proposed Ban on Hemp Flower Sales Raises Industry Concerns
LOS ANGELES- Italy's "cannabis light" sector, which has experienced significant growth since the legalization of hemp in 2016, faces potential disruption due to proposed legislation aimed at banning products derived from hemp flowers. Prime Minister ...
HYTN and A1 Cannabis Forge Partnership to Expand Cannabis Beverage Production
LOS ANGELES- HYTN Innovations Inc., a company specializing in pharmaceutical-grade cannabis manufacturing, has entered into a three-year collaboration with A1 Cannabis Inc., the owner of Summit Cannabis Beverages. This partnership aims to enhance operational efficiency ...
Minnesota Opens Application Window for Cannabis Business Licenses
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has commenced accepting applications for various cannabis business licenses as of February 18, 2025. This marks a significant step toward establishing the state's legal cannabis market. ...
Switzerland Advances Plan to Legalize Recreational Cannabis Under Government Regulation
LOS ANGELES- Switzerland is progressing toward the legalization of recreational cannabis through a framework emphasizing strict government oversight. On February 14, 2025, the National Council's Social Security and Public Health Committee (CSSS-N) approved a preliminary ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Organigram Reports Second Quarter Fiscal 2021 Results
MONCTON, New Brunswick – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a licensed producer of cannabis, announced its results for the second quarter ended February 28, 2021. “Although Q2 ...
Forian Announces $12 Million Private Placement of Common Stock
NEWTOWN, Pa.,– Forian Inc. (Nasdaq:FORA), a provider of software and technology-enabled services for the healthcare and cannabis industries, announced today that it has entered into a securities purchase agreement with a select group of institutional and ...
New Mexico Becomes 17th U.S. State to Legalize Recreational Cannabis
SANTA FE – New Mexico has become the 17th state to legalize recreational cannabis after Gov. Michelle Lujan Grisham signed legislation today, joining a national movement to decriminalize cannabis. Cannabis laws are increasingly seen as ...
Research Shows Sustained Improvements In Chronic Pain Patients Who Use Cannabis
BOSTON - The long-term use of cannabis provides sustained improvements in patients suffering from chronic pain conditions, according to longitudinal data published in the journal Experimental and Clinical Psychopharmacology. A new study: “No pain, all gain? Researchers from ...
GTEC Repays $6 Million Loan, Eliminates Debt
Kelowna, BC– GTEC Holdings Ltd. (TSXV:GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of cannabis, announced that it has repaid its two Senior Secured Promissory Notes with NFS Leasing Canada Ltd. in full. The Notes, ...
Verano Completes Territory, Emerald and Local Joint Acquisitions in Arizona
CHICAGO – Verano Holdings Corp. (CSE: VRNO), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the ...
Aphria Announces 3rd Quarter Fiscal Year 2021 Results
LEAMINGTON, ON, – Aphria Inc. (TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today reported its financial results for the third quarter and nine months ended February 28, 2021. All amounts ...
Shawn ‘JAY-Z’ Carter’s MONOGRAM Redefines ‘The Good Life’
LOS ANGELES – Shawn 'JAY-Z' Carter and his cannabis brand, MONOGRAM launched the first installment of a three-part campaign that reimagines the iconic photos of renowned mid-century American photographer Slim Aarons through a contemporary lens. ...
Hotels.com Is Footing the Room Service Bill for Your 4/20 Munchies
DALLAS – Some associate April with rain showers, others with dreaded tax season. With 15 states and counting allowing Mary Jane to legally blow within their borders, many are also now associating it with one ...
Cansortium Announces Closing of Private $17 Million Equity Financing
MIAMI – Cansortium Inc. (CSE: TIUM.U), (OTCQB: CNTMF), today announced the second and final closing of its previously announced private placement of units at a purchase price of US$0.70 per Unit. The second closing was ...
Dragon Glassware Launches New Line for Cannabis Enthusiasts
SACRAMENTO – In a recent Gallup poll, 68% of U.S. adults support legalizing Cannabis, owing to the growing acceptance and popularity of Marijuana. Dragon Glassware's Cannabis Decanter Set offers Cannaseurs a new way to enjoy ...
Mercer Park Brand SPAC to Buy Glass House Group for $567 Million Creating New Brand Platform
TORONTO – Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF), a Special Purpose Acquisition Company (SPAC) with the intent to focus on branded product businesses in cannabis and/or cannabis-adjacent industries, has entered into a ...
Virginia Becomes First Southern State To Legalize Recreational Cannabis
RICHMOND – Virginia became the first of the states of the Old South, and the 16th state in the Union to legalize recreational cannabis Wednesday as lawmakers voted to approve Gov. Ralph Northam's (pictured) bill ...
Curaleaf Opens Two New Philadelphia Retail Locations and Rebrands Nine Other Locations
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a U.S. provider of consumer products in cannabis, announced new Curaleaf branding for the Company's recently acquired retail locations and the opening of two ...
Canadian Cannabis Payments Processor Merrco Announces U.S. Launch For CBD & Ancillary Businesses
TORONTO– Merrco, a payment processing for the cannabis industry, today announced that it has launched in the United States for CBD and cannabis ancillary business payment processing, ahead of legislative changes that would enable Merrco ...
High Point Jewelry Partners with Last Prisoner Project to Support Cannabis Justice Reform
SCOTTSDALE, Ariz.,– High Point Jewelry, a line of luxury cannabis-inspired jewelry (image above), announced it has partnered with Last Prisoner Project, and will donate 100% of the purchase price of its "Legalize It" line of ...
CBD of Denver Inc. Reports First Quarter 2021 Revenue of USD $7.3 Million
DENVER – CBD of Denver, Inc., a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, reported its financial results for the ...
Canopy Growth to Acquire The Supreme Cannabis Company for C$435M
TORONTO, and SMITH FALLS, ON, – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced they have entered into a definitive arrangement agreement under ...
The Valens Company Expands Cannabis Distribution Network with Entry into Manitoba Market
KELOWNA, BC, – The Valens Company Inc (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced that it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a ...
Trulieve Prices Public Offering of Subordinate Voting Shares
TALLAHASSEE, Fla.– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), today announced the pricing of a marketed public offering of 5,000,000 subordinate voting shares in the United States and Canada at a public offering price of ...
The Hub Craft LLC Appoints Shivani Dallas as Chief Strategy Officer
Fitchburg, Massachusetts – The Hub Craft, LLC, a Massachusetts Cannabis company provisionally licensed for Cultivation and Manufacturing in Fitchburg and Clinton, with future cannabis retail operation in Holyoke announced today their appointment of Shivani Dallas ...
Lil Wayne’s GKUA Brand Inks Multi-Year Deal with The Torch to Host VIP Events & Parties
LOS ANGELES – GKUA the consumer lifestyle brand co-founded by artistic giant Lil Wayne, announced today it has entered into a monumental exclusive agreement with the LA Coliseum for all 4/20 events for years to ...
