Consumer Research
Verano Launches Dispensary in Restored Ohio Train Depot
CHICAGO – Verano Holdings Corp. marked another step in its ...
Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood
LOS ANGELES – Glass House Brands Inc. began trading on ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Cannabis Use Among Seniors Sees Significant Uptick
LOS ANGELES- A recent study published in JAMA Internal Medicine highlights a notable increase in cannabis use among U.S. adults aged 65 and older. Data from the National Survey on Drug Use and Health indicates ...
FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES- FLUENT Corp.a vertically integrated cannabis operator, has initiated cultivation at its new Rosa indoor facility in Tampa, Florida. This development adds 9,200 square feet of high-efficiency indoor canopy to the company's operations, marking ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results
TORONTO–SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF), a cannabis consumer packaged goods company with a diversified portfolio of popular brands, today released audited financial results for the full year and three months ended December 31, ...
Numinus Wellness Q2 2021 Announced New Funding, Acquisitions And MAPS Collaboration
VANCOUVER, B.C.–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, today announced its second quarter financial results for the three months ended February 28, 2021. In the ...
Gage Growth Corp. Announces Fiscal Year 2020 Results
DETROIT– Gage Growth Corp., (CSE: GAGE), a leading cannabis brand operator in Michigan, today reported its financial results for the three and twelve months ended December 31, 2020. Financial Highlights for the year ended December 31, ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
GTEC Cannabis Co. Reports First Quarter of Fiscal 2021 Results
KELOWNA, BC– GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of handcrafted, high quality cannabis products, is pleased to announce that it has reported its First Quarter financial results of fiscal ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional ...
Fire & Flower Announces 2020 Fiscal and Fourth Quarter Financial Results
TORONTO–Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the fiscal year and quarter ended January 30, 2021. Financial and Operational Highlights for the 2020 Fiscal Year ...
Canadian Group Valens Enters US Market with Acquisition of Green Roads CBD Company
KELOWNA, BC,–The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Green Roads ...
Psychedelics Company Atai Life Sciences Files For Nasdaq Listing
NEW YORK– Atai Life Sciences are priming to become the second psychedelics company to list on a major U.S. exchange, following COMPASS Pathways (to which Atai is connected). The German headquartered biotech firm filed Tuesday ...
Numinus Announces Phase 1 Clinical Trial of Psilocybin Mushroom Extraction
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, announced today that it has formed a partnership with KGK Science, a leading contract research organization ...
Würk Raises $3.5m in Series AA funding
DENVER– WÜRK, a Human Capital Management company for the cannabis industry, announced the close of its oversubscribed $3.5 million Series AA round of financing, by existing investors. The round was led by Wurk Investment Partnership ...
Harborside Reports Fourth Quarter and Full Year 2020 Financial Results
OAKLAND–Harborside (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today reported its financial results for the fourth quarter and full year ending December 31, 2020. Management Commentary "2020 marked a turning point year ...
Mindset Pharma Presenting at H.C. Wainwright “Psychedelics in Psychiatry and Beyond” Virtual Conference
TORONTO– Mindset Pharma Inc. (CSE: MSET) (FSE: 9DF) (OTCQB: MSSTF) announced that it has been invited to present at the H.C. Wainwright "Psychedelics In Psychiatry and Beyond" Virtual Conference being held on June 17, 2021. James ...
More Proposed Acquisitions In Cannabis Decided By Shareholder Votes
VANCOUVER, B.C.,– Aphria Inc (NASDAQ: APHA) (TSX: APHA) has seen its shareholders approve the proposed merger with that of Tilray Inc (NASDAQ: TLRY). Following the approval, Tilray is now one step closer to acquiring all the outstanding shares of ...
Broken Coast Enters Concentrates Adding Wax to its Product Offerings
LEAMINGTON, ON–Aphria Inc. (TSX: APHA) and (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today announced that Broken Coast Cannabis Inc. is entering the concentrates category with the addition of Wax to its premium product ...
