Consumer Research
Cheech and Chong Ink Distribution Deal with Breakthru
LOS ANGELES – Cheech and Chong’s Global Holding Company has ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Ayr Wellness Faces Drastic Restructuring as Noteholders Take Control
LOS ANGELES – Ayr Wellness Inc., a prominent player in the U.S. Cannabis industry, is set to undergo a seismic restructuring that could mark the end of the company as it exists today. On July ...
Verano Reimagines Cannabis Retail with Bodega-Style Store in Phoenix
PHOENIX – Verano Holdings Corp., a Chicago-based multistate Cannabis operator, introduced a novel retail concept with its "bodega-style" dispensary at the Zen Leaf Phoenix-Cave Creek location. This innovative store offers a new take on the ...
GTI Launches Señorita’s Ranch Water, Fusing THC and Texas Flair
LOS ANGELES – Green Thumb Industries (GTI) has introduced Señorita’s Ranch Water flavor, a THC-infused, alcohol-free beverage inspired by the iconic West Texas cocktail. Unveiled on July 27, this crisp drink blends sparkling water, real ...
HCN Investigates: Cannabis SPACs: What Are They? What Should You Know About Them?
LOS ANGELES– Cannabis companies have traditionally had trouble gaining funding via public offerings. With SPACs, entities in the cannabis and hemp sectors can be publicly traded in both American and Canadian markets. What are cannabis ...
Neptune Reports Fourth Quarter and Fiscal 2021 Results
LAVAL, QC– Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based brands, today announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2021. ...
A LIFE IN A DAY: Jeffrey Batliner: Cannabis Industry Personalities
Jeffrey Batliner, Chief Financial Officer of Unrivaled Brands, Inc., joined the company in December of 2018 when he was hired as the Director of Financial Reporting, where his responsibilities focused on SEC Reporting as well ...
Florida Initiates Process for New Medical Cannabis Licenses
MIAMI–The Florida Department of Health (DOH) recently announced it is kicking off rulemaking for two separate competitive medical cannabis treatment center (MMTC) license application processes. Key-Takeaways This announcement has been a long time coming, as ...
Power and Collaboration Will Be The Name of the Game at New WEIC Women’s Leadership Summit
San Francisco, CA — July 15, 2021 — WEIC, the largest global community of women working in cannabis and ancillary industries, kicks-off its first virtual Women’s Leadership Summit on July 21, 2021. Themed “Power and ...
Hemp Industry Response to the Cannabis Administration and Opportunity Act
WASHINGTON– The National Industrial Hemp Council (NIHC) Board Chair Patrick Atagi released the following statement after the Cannabis Administration and Opportunity Act was released in draft form by Senate Majority Leader Chuck Schumer (D-NY), Senator ...
The Valens Company Reports Financial Results for The Second Quarter of Fiscal 2021
KELOWNA, BC– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products reported its second quarter financial results for the period ended May 31, 2021. Tyler Robson, Chief Executive Officer, Co-Founder and Chair ...
Bernard Noble And Fab 5 Freddy Partner With Curaleaf To Launch B Noble Brand
WAKEFIELD, Mass.– B Noble Inc. and Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced the launch of the B Noble brand in Massachusetts and Maryland, ...
U.S. Senate Majority Leader Schumer Unveils Bill To Federally Decriminalize Cannabis
WASHINGTON, D.C.–Senate Majority Leader Chuck Schumer, D-N.Y., (main picture) announced a sweeping bill on Wednesday to end the ''war on drugs'' and decriminalize cannabis at the federal level, a key milestone signaling shifting attitudes in ...
Red Light Holland Sells Approximately 350,000 Grams of Magic Truffles
TORONTO–Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased ...
Vicente Sederberg: Not Your Average Law Firm
DENVER–The booming cannabis industry has come a long way in the last decade. From the early days of adult-use legalization to multimillion dollar mergers and acquisitions, the space has grown exponentially and continues to drive ...
The Israeli Medical Establishment Voices Support For Tikun Olam-Cannbit’s Partnership With HMOs And Hospital
TEL AVIV– Tikun Olam-Cannbit (TASE: TKUN), an Israeli leading medical cannabis company, known for marketing of Clinically studied inflorescence and medical cannabis products, has signed this week an agreement with Maccabi Healthcare Services, Israel's second-largest HMO. As ...
GreenBroz Inc. Revolutionizes Customer Experience With Las Vegas R&D Facility and Showroom Launch
LAS VEGAS -- GreenBroz Inc. today announced the opening of its R&D facility and showroom in Las Vegas to the public. This state-of-the-art, 50,000-square-foot facility brings together design, prototyping, production and a showroom under one ...
Inner Spirit Holdings Celebrates Opening 100th Spiritleaf Cannabis Store
CALGARY, AB, - Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced the celebration for the opening of its 100th Spiritleaf ...
Glass House Brands Reports First Quarter 2021 Financial Results
TORONTO–Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U), a vertically integrated cannabis and hemp companies in the U.S. as a final filing requirement to the merger transaction completed June 29, 2021 today reported financial results ...
Kiaro Acquires Cozy Cannabis and Enters Ontario
VANCOUVER, B.C.–Kiaro Holdings Corp. (TSXV: KO), a national omni-channel cannabis retailer and wholesale distributor, is pleased to announce the Company has completed the acquisition of all issued and outstanding shares of Sculthorp SEO Inc., which ...
Global Law Firm Clark Hill Acquires Hoban Law Group To Grow Cannabis Practice
DENVER–International law firm Clark Hill PLC announced last-week that the firm has expanded its Cannabis Industry Group with the addition of eight attorneys and a team of paralegals and support staff from Denver-based, leading cannabis ...
Eaze Launches First Shoppable Cannabis Delivery App for Apple
SAN FRANCISCO–Eaze, the nation’s largest cannabis delivery marketplace, today announced the launch of a first-of-its-kind shoppable app for iPhone users. Available for download today via the Apple App Store, the app allows customers to complete ...
Family Office Networks Launches Exclusive Family Office Cannabis Investment Club
PALM BEACH–Family Office Networks announced today the official launch of the exclusive Family Office Cannabis Investment Club as a membership-only group designed to help family offices and other ultra-high net worth investors to get access to ...
Numinus Announces Health Canada Approval of MAPS-Sponsored Open Label Study for MDMA-Assisted Therapy for PTSD
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, is pleased to announce that Health Canada has cleared the MAPS-sponsored single-arm, open-label safety and feasibility study evaluating MDMA-assisted therapy ...
Terra Tech Merges With Unrivaled And Rebranding As Unrivaled Brands, Inc.
SANTA ANA–Terra Tech Corp. (OTCQX:TRTC) today announced that the Company has successfully completed its merger with UMBRLA, Inc., doing business as Unrivaled. The merger with Unrivaled brings together two California-based companies with combined operations in ...
Curaleaf Appoints Ranjan Kalia As Chief Financial Officer
WAKEFIELD–Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, announced today that Ranjan Kalia (pictured) will join the company as Chief Financial Officer on July 19, 2021. Kalia ...
The Parent Company Expands Value Vape Offering Launching Fun Uncle Cruisers Vapes with Live Resin
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, today announced that it has extended its value product offerings with the introduction of Fun Uncle Cruisers with Live Resin full gram ...
10 Women Cultivators and Business Owners in Cannabis & Why We Should Support Them
MIAMI–The world is male dominated and it shouldn’t be. Women are definitely the backbone and magic in every society in every nation. The two highest IQ scores in history belong to women. In 2018, it ...
France Becomes The First Country to Ban All Five Pesticides Linked to Bee Deaths
PARIS – France, inadvertently, is now leading the world in saving the bees by setting a benchmark in the global effort to save the bees and prevent “ecological Armageddon.'' This is very relevant to cannabis. ...
