Consumer Research
Michigan Cannabis Sales Hit $3.17B in 2025, First Annual Decline Since Legalization
LANSING – Michigan consumers purchased $3.17 billion in recreational Cannabis ...
Texas Regulator Awards Verano Conditional License to Operate in State’s Medical Cannabis Market
AUSTIN – The Texas Department of Public Safety has issued ...
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of ...
HYTN Secures Health Canada Drug Licence to Propel Cannabinoid Prescription Drug Pathway
LOS ANGELES- Vancouver-based HYTN Innovations Inc. (CSE: HYTN; OTC Pink: HYTNF) announced on July 14, 2025, that it has been granted a Cannabis Drug Licence (CDL) by Health Canada, effective July 2. This licence enhances HYTN’s existing Drug Establishment Licence ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Gold Flora Corporation Files for Voluntary Receivership
COSTA MESA, Calif. , March 27, 2025 /CNW/ - Gold Flora Corporation ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM), a cannabis company with subsidiaries operating across California, today announced that it filed for a voluntary receivership pursuant under ...
Federal Cannabis Trafficking Cases Reach Record Low
LOS ANGELES- The U.S. Sentencing Commission's 2024 Sourcebook of Federal Sentencing Statistics reveals a continued decline in federal cannabis trafficking cases. In 2024, fewer than 500 individuals were charged, marking a significant decrease from nearly ...
Blueberries Medical Corp. Secures C$1.05 Million in Private Placemen
LOS ANGELES- Blueberries Medical Corp, a Latin American producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement, raising approximately C$1.05 million (US$740,000). The financing involved the sale of 96,064,935 common shares ...
Virginia Governor Vetoes Cannabis Retail Market and Assault-Style Weapons Ban
LOS ANGELES- Virginia Governor Glenn Youngkin has vetoed legislation aimed at establishing a regulated cannabis retail market and implementing a ban on assault-style weapons. These decisions are part of a series of 157 vetoes issued ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
Curaleaf’s Select Brand And Rolling Stone Announce Strategic Partnership
NEW YORK–(CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, announced a strategic partnership between its Select brand and Rolling Stone. Together, the leading lifestyle brand in cannabis joins the most ...
HERBL Acquires Blackbird Creating New Multi-State Distributor
SANTA BARBARA– HERBL, California's largest cannabis supply chain solutions company, today announced its acquisition of Blackbird a cannabis distributor and direct-to-consumer software solutions company based in Nevada. The transaction allows HERBL to leverage Blackbird's ecosystem of ...
Connecticut Moves Closer To Legalizing Recreational Cannabis
HARTFORD, CT.– Connecticut has moved closer to legalising adult-use cannabis in a close run vote. This morning, the bill passed Connecticut's state Senate, with one Republican and six Democrats voting against it. If the bill passes, ...
CENTR Brands Corp. Hires Carlyle Group Executive David Young as CFO
VANCOUVER, B.C.– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF), a CBD beverage company today announced that current Board member David Young has joined the Company as Chief Financial Officer. Young brings more than ...
Pharmadrug Launches Psilocybin Online Retail Platform in the Netherlands
Toronto, Ontario–PharmaDrug Inc. (CSE: BUZZ) (OTC Pink: LMLLF) a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics, cannabis and naturally-derived approved drugs, is pleased to ...
California Inches Closer To Decriminalization of Psychedelic Medicines
SACRAMENTO–California has moved a step closer to decriminalizing psychedelic drugs after legislation this week was advanced by the state's Senate. The bill, SB 519 was passed by a 21-16 vote. Interestingly, the new legislation does ...
The Parent Company Announces Josephine & Billie’s As First Social Equity Investment
SAN JOSE–TPCO Holding Co. (NEO: GRAM.U) (OTCQX: GRAMF), California’s leading vertically integrated cannabis company, is pleased to announce that it has selected Josephine & Billie’s, a Los Angeles-based cannabis brand and retail concept, as the ...
VIVO Cannabis Launches CBD Cream WithTerpene Formulation Designed for Medical Use
TORONTO–VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF), a provider of cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited and ABcann Medicinals Inc., today announced the launch ...
Goodleaf Merges With Highlands Investments, Formerly Canopy Growth Africa
CAPE TOWN–Goodleaf Company, the leading cannabis brand in South Africa, has merged with Highlands Investments, formerly Canopy Growth Africa, in a deal valued at almost $50 million. The transaction has resulted in the largest vertically ...
RIV Capital Reports Fourth Quarter and Fiscal Year 2021 Financial Results
TORONTO–RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) today released its financial results for the fourth quarter and fiscal year ended March 31, 2021. "Our quarter and fiscal year were highlighted by the closing of our ...
Neptune Announces Appointment of Steve West as Vice President, Investor Relations
LAVAL, QC–Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and integrated health and wellness company focused on plant-based, sustainable, and purpose-driven lifestyle brands, today announced it has appointed Steve West as Vice President, ...
Canadian Federal Funding Provides Boost To Saskatchewan Companies
SASKATOON–Small- and medium-sized enterprises contribute to the growth of Western Canada's economy. The Government of Canada is supporting high-growth businesses as they increase productivity, find new markets, and create opportunities for Saskatchewan. Today, the Honourable ...
Delivery Service Market is One of the Hottest Revenue Streams In Cannabis Industry
PALM BEACH–Over the past few years the legalization of cannabis has spurred the industry's growth in both medicinal and recreational markets and the growth appears that it will continue to substantially rise in the years ...
The Valens Company Enters Flower, Pre-Roll Categories
KELOWNA, BC–The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that it has launched several new products in partnership with Verse Cannabis in the flower, pre-roll, concentrates, and edibles categories. With ...
Nevada Approves Cannabis Consumption Lounges Starting by the End of 2021
LAS VEGAS– The Nevada legislature passed a bill on Monday allowing cannabis lounges. One kind of licence allows an existing dispensary to add a space for a lounge. Strangely, only one lounge is allowed no ...
Amazon Will Stop Testing For Cannabis & Throws Weight Behind Cannabis Legalization
SEATTLE– Amazon released a statement confirming that it will no longer test job seekers for cannabis. Furthermore, the company said that they back cannabis legalization. "In the past, like many employers, we've disqualified people from ...
U.S. National Institutes Of Health Leader Stands Behind Psychedelic Medicines and Cannabis Therapies
WASHINGTON, D.C.–The National Institutes of Health (NIH), is the leading health organization in the U.S.A., Dr. Francis Collins, (who Dr. Anthony Fauci works for) praised the potential of psychedelic research during a U.S. Senate budget ...
High Tide Begins Trading on Nasdaq Today Under Symbol “HITI”
CALGARY, AB–High Tide Inc. (TSXV: HITI) (NASDAQ: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that the Company's common shares will commence trading ...
Fiore Cannabis Announces First Quarter 2021 Financial Results
KELOWNA–Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF), a licensed multi-state cannabis cultivator, producer and retailer, today announced its first quarter 2021 financial results support the turnaround efforts made by the Company and its push forward ...
Harborside Announces Acquisition of Salinas Production Campus
OAKLAND–Harborside Inc. (CSE: HBOR),(OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today provided an update on its previously announced plan to purchase the Company's 47-acre production campus, which includes 200,000 sq. ft. of licensed cultivation ...
Nova Provides Business and Plans Updates
EDMONTON, AB–Nova Cannabis Inc. (TSXV: NOVC), today announced several business developments intended to accelerate the Company's growth, including: Entering into two conditional asset purchase agreements to acquire a total of six retail cannabis locations in Ontario, which ...
Global Cannabidiol (CBD) Market Size Expected to Reach $55 Billion In 2028
PALM BEACH– Out of all cannabinoids, cannabidiol is most widely used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil is used, such as anxiety and depression treatment, ...
MariMed Names Howard Schacter as Chief Communications Officer
NORWOOD, Mass.,–MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on health and wellness, today announced Howard Schacter has been appointed as the Company's Chief Communications Officer and a member of the MariMed Executive Management ...
Charlotte’s Web And University Colorado Collaborating On Sleep & Anxiety Studies
BOULDER–(TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., a marketer of hemp CBD wellness products announced the collaboration of its CW Labs division on a preclinical sleep and anxiety study with the University of Colorado-Boulder's ...
GRAV Launches GRAV Reserve Pre-Filled Glass Joints in California
LOS ANGELES–GRAV, the leader in handcrafted glass cannabis smoking accessories, has introduced its first GRAV Reserve glass joint line in California. The company teamed up with premium cannabis cultivators in Southern California to fill GRAV glass with the ...
