Consumer Research
Washington Senate Committee Advances Home Cannabis Cultivation Bill
WASHINGTON – The Washington State Senate Labor & Commerce Committee ...
Ex-Prosecutor Calls for Psilocybin Therapy Legalization in NY
NEW YORK – A former narcotics prosecutor who once enforced ...
Supply Bottlenecks Stall Minnesota’s Adult-Use Cannabis Launch
MINNEAPOLIS – Minnesota's adult-use Cannabis sector kicked off with fanfare, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
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 ...
What You Need to Know About Risk Management and Insurance in Cannabis
LOS ANGELES—Every CFO needs to know that the cannabis industry is fraught with unique risks that require specialized risk management strategies and comprehensive insurance coverage. As companies navigate this complex landscape, understanding these risks and ...
New Lawsuit Accuses CCELL of Price-Fixing & Monopoly Tactics
LOS ANGELES — February 14, 2025 A class action lawsuit has been filed against Smoore, the parent company of CCELL, and its U.S. distributors, accusing them of engaging in illegal price-fixing and monopolistic practices that ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Nextleaf Awarded U.S. Patent for Method to Increase CBD Concentration in Hemp Biomass
VANCOUVER, B.C.–Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), a cannabis extractor, announced that the United States Patent and Trademark Office has granted the Company a patent to a method for refining raw cannabis plant material, ...
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, CBD and vaporization device company announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha ...
Woven Science Launches Psychedelic Care Platform With $8.5M Seed Financing
NEW YORK–Renewed scientific interest in psychedelic medicine is generating a deeper understanding of the pharmacologic substances and practices that humans have long used for ceremonial, therapeutic and cultural purposes. "We're excited by the potential for ...
Herbarium Hosts The CBX Takeover For The Last Prisoner Project
LOS ANGELES–Herbarium is officially partnering with CBX to fundraise for The Last Prisoner Project and advocate for the decriminalization of cannabis. CBX Takeover, presented by Herbarium and CBX, will be held May 28th, 2021 in ...
BOLD Receives Cannabis Oil Sales License From Health Canada
SASKATOON–BOLD Growth Inc., a licensed producer based in Saskatchewan is pleased to announce it has been granted a license from Health Canada to sell cannabis oil products, effective May 12, 2021. This license will allow ...
Delta 8 THC is a Fun Version of Weed – Ministry of Hemp’s Podcast #61
LOS ANGELES–The Ministry of Hemp's 61st episode saw the host Matt sit down with Jordan Lams, the CEO of Moxie, a Long Beach-based marijuana cultivation and manufacturing company. The duo wanted listeners to know how it feels ...
Prima Closes $9.2 Million Seed Plus Financing
LOS ANGELES–The Uplifters' Prima, PBC a purpose-driven brand focused on science-backed plant therapeutics and cannabinoids, today announced the close of a $9.2 million Seed Plus financing led by leading institutional venture firms Greycroft, H Ventures, Defy, and Lerer ...
Flash Report: Memorial Day Weekend Cannabis Sales Predicted To Reach $238M
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise resource planning (ERP) software technology platform, predicts that Memorial Day weekend will be high grossing for the cannabis retail industry, with approximately $238,000,000 in adult-use and medical ...
Charlotte’s Web Unveils New In-Store Displays As Retail Rebounds
BOULDER–Consumers are finally returning to in-store shopping for their health and wellness needs. Charlotte's Web Holdings Inc., today unveiled two retail innovations: a first-to-market high tech in-store kiosk that doubles as an educational resource for ...
Cannibble Enters Canadian Cannabis Edibles market
ROSH HAA'YIN, Israel–Cannibble FoodTech Ltd an Israeli Foodtech start up, announced that it reached an agreement to develop a new line of CBD infused shakes with one of Canada's leading Cannabis companies. Cannibble will develop ...
Stability Cannabis Close $44 Million Series A Funding Round
OKLAHOMA CITY–Cannabis cultivator and distributor Stability Cannabis has successfully closed a $44 million series A funding round; acquires minority equity position in Missouri cannabis operation. "The accelerating growth and profitable operating profile of Stability Cannabis ...
Panaxia And Leriva Announce Exclusive Cannabis Collaboration In Greece
ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, ...
Cookies and WebberWild Join Forces to Launch Cookies U
HUMBOLDT–Cookies' Social Impact Program, an initiative by international cannabis brand COOKIES dedicated to creating a more equitable and accessible cannabis industry, and WebberWild Impact Foundation "WebberWild," a non-profit organization that funds education and training for persons ...
Greenlane Announce Quarter 1, 2021 Revenues
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2021. First Quarter ...
TerrAscend Reports First Quarter 2021 Results
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported financial results for its first quarter ending March 31, 2021. First Quarter 2021 Financial Highlights (Unless otherwise stated, ...
Leaf Infusions 15,000 Sq. Ft. Cannabis Co-Packing Facility for “White Label Products” in Metro Vancouver
NEW WESTMINSTER, B.C.–Leaf Infusions has begun the construction process of its 15,000 square foot facility in New Westminster, British Columbia. Leaf Infusions provides 'white-label', that is, turn-key cannabis co-packing solely focused upon formulation, testing, manufacturing, ...
Missouri’s Largest Cannabis Processing Facility Just Completed
ST. LOUIS–MidWest Roots successfully passed its inception inspection and then, upon licensure, will begin production as soon as adequate supplies of raw materials are secured. Midwest Roots has completed the build out of a 65,000 ...
Petalfast Closes $2.8 Million Round Of Funding Led By Merida Capital Holdings
IRVINE, Calif., –Petalfast Inc. today announces the closing of a $2.8 million capital raise in connection with its latest round of Series A funding. Led by Merida Capital Holdings, the funding provides Petalfast with the opportunity to strengthen ...
Minnesota House Passes Adult Use Recreational Cannabis Bill
ST. PAUL, Minn.– For the first time, the Minnesota House of Representatives passed a bill legalizing recreational cannabis. The House voted 72-61 to approve the bill, but that's as far as the bill will get: ...
dosist™ Launches Advanced CBD+ Topical Collection to Help Address Pain
LOS ANGELES– dosist™ today announced the launch of its progressive new range of CBD+ topical products aimed at disrupting the pain category with all-natural solutions designed to help with pain relief. Launched under their newly created dosist ...
Arcadia Biosciences Acquires Lief Brands’ Portfolio of CBD and Wellness Brands
DAVIS, Calif., – Arcadia Biosciences (Nasdaq: RKDA), today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, ...
MariMed Announced Q1 2021 Financial Results
NORWOOD, Mass.–MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended March 31, 2021. Q1 2021 Financial Highlights from Management: ...
Nova Announces First Quarter 2021 Results
EDMONTON, AB–Nova Cannabis (TSXV: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2021. "Nova has been executing its growth strategy to ...
