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Consumer Research2020-11-05T23:41:25-08:00

Consumer Research

Psilocybin Law Reforms Gain Momentum Across the United States

LOS ANGELES- Efforts to reform psilocybin laws are accelerating nationwide, with several states making significant strides toward decriminalization or legalization of the psychoactive compound found in "magic mushrooms."​ In Colorado, voters approved Proposition 122 in ...

  • Global Medical Marijuana Market

MediPharm Labs Reports 27% Annual Revenue Growth

LOS ANGELES- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced a 27% increase in annual net revenue for 2024, reaching $42 million. This growth is primarily attributed to a significant rise ...

Greenrose SPAC Announces Delisting on NASDAQ

NEW YORK–Cannabis-focused blank-check company Greenrose Acquisition Corp. has announced it plans on delisting its shares from the Nasdaq later this month, in anticipation of closing deals that would qualify it as a ''plant-touching'' business in ...

Weedmaps Lists on NASDAQ Under Ticker Symbol ‘MAPS’

IRVINE, Calif.,–WM Holding Company, LLC, a leading technology and software infrastructure provider to the cannabis industry, announced that it has completed its previously announced business combination with Silver Spike Acquisition Corp. The transaction was unanimously ...

Major Hemp CBD Expo Returns to Dallas

DALLAS–Lucky Leaf Expo is coming back to Dallas for its second annual Hemp CBD Expo. With the passing of House Bill 1325 Texas is poised to be the largest Hemp producing state in the nation. ...

Trait Biosciences Closes Series A C$31 Million Financing

VANCOUVER, BC–Trait Biosciences Inc.-- a cannabinoid research company focused on developing technologies that enable the production of safe, high-quality, predictable, and efficacious CBD products -- today announced the completion of a C$31 million Series A financing ...

Nextleaf Launches Specialty Molecules Division

VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce the ...

Columbia Care to Acquire Medicine Man in $42M Deal

NEW YORK– Columbia Care Inc (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP), one of Colorado's largest and most experienced cultivators, manufacturers and providers of cannabis products in the United States, today announced that it has entered ...

PharmaCielo Welcomes Bill Petron as Chairman of the Board

TORONTO– PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of a Colombian cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced that all of the nominees listed in the Management ...

Cannabis Testing Market to Reach $2.44 BN Globally By 2027 at 12% CAGR

PORTLAND–Allied Market Research published a report, titled, "Cannabis Testing Market by Product (Instruments, Consumables, and Software), Test Type (Heavy Metal Testing, Microbial Analysis, Potency Testing, Residual Screening, and Others), and End User (Cannabis Cultivators/Growers, Cannabis Drug Manufacturers, ...

Cirona Labs Raises $1.5M In Seed Round

GENEVA, N.Y.– Cirona Labs a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced it has closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply. ...

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