Consumer Research
Psychedelic Pharmacists Foundation Launches to Advance Education and Research
PORTLAND – The Psychedelic Pharmacists Association (PPA) has launched the ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill ...
California Cannabis Industry Pursues Self-Regulation
LOS ANGELES- In response to ongoing regulatory challenges and concerns about product safety, California's cannabis industry is exploring self-regulation measures to bolster consumer trust and ensure compliance within the legal market. The Environmental Consumer Compliance ...
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 ...
Maine Governor Advocates for Enhanced Regulation of Medical Cannabis Program
LOS ANGELES- In her recent State of the Budget address, Governor Janet Mills characterized Maine's medical cannabis program as the "wild, wild west," advocating for increased regulation to ensure consumer safety. She proposed implementing mandatory ...
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
Illinois Cannabis Sales Surpass $2 Billion in 2024
LOS ANGELES- In 2024, Illinois' legal cannabis market achieved sales exceeding $2 billion, marking a 2.5% increase from the previous year. This total comprises approximately $1.722 billion in adult-use cannabis sales and over $285 million ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and ...
Federal Court Invalidates Oregon’s Cannabis Labor Neutrality Law
LOS ANGELES- A federal judge has ruled that Oregon's Measure 119, which mandated labor neutrality agreements for cannabis businesses, is unconstitutional. The decision impacts the regulatory landscape for the state's cannabis industry. Measure 119, approved ...
Consumers Pay Premium for Fast-Acting Cannabis Edibles
LOS ANGELES- A recent industry analysis reveals that cannabis consumers are increasingly favoring fast-acting edible products, demonstrating a willingness to pay higher prices for quicker onset effects. The 2025 Edibles Premiumization Report, conducted by cannabis ...
HCN Investigates: What Are The Market Dynamics Of North America’s Emerging Psilocybin Industry?
HCN Investigates: The Psilocybin Market Part 1 — Overview Use of psychedelic plant substances dates back thousands of years. Practically every culture in the world has some history of psychedelic plant use, and cultural anthropology ...
Bespoke Closes $8 Million Series A From Snoop’s Casa Verde and Linkedin Founder’s Sweat Equity Ventures
LOS ANGELES– Bespoke Financial, a Fintech lender for cannabis companies, announced today the close of a $8 million Series A, bringing the company's total funding to date to over $28 million. The raise was co-led by Snoop ...
Humble Hemp Wraps Roll onto Store Shelves
THOUSAND OAKS, Calif., – Humble Specialty Products, LLC announced the launch of its inaugural hemp wrap product line. The Humble Hemp Wraps brand, the real King of Flavor, was created by the team behind leading ...
American CBD Brand Premium Jane Releases Special Product Range for Upcoming “420 Holiday”
SCOTTSDALE, Ariz., – While the nationwide "420 holiday" is typically celebrated by recreational cannabis users, prominent CBD brands across the industry are not passing up on the opportunity to acknowledge the novel calendar event. One ...
Parallel Invests $25M in a New State-of-the-Art Cannabis Cultivation, Production and Retail Facility in Texas
AUSTIN –Parallel, a privately-held multi-state cannabis operators in the United States, today announced it will make a $25 million dollar investment in a new state-of-the art cannabis cultivation, production and retail facility in Texas. This ...
Medterra Expands Portfolio With New True Full Spectrum Line
IRVINE, Calif., – Medterra an industry leader in CBD, announced the launch of its True Full Spectrum collection. Medterra recognized the growing consumer acceptance of THC and set out to develop the best full spectrum CBD on ...
Playboy Celebrates National Cannabis Awareness Month, Redoubling Efforts on Nationwide Cannabis Reform and Advocacy
LOS ANGELES– In celebration of National Cannabis Awareness Month taking place throughout April, Playboy Enterprises today announced a month-long initiative supporting nationwide cannabis reform and advocacy. Building on the success of their legalization and expungement campaign ...
USA Cannabis Sales Projected to Reach $28 Billion in 2022
SEATTLE– Headset, a leading provider of data and analytics to the cannabis industry, announced today the launch of a long-term forecast for the U.S. and Canadian markets with category and top-level data to be updated ...
What Are The Different Products Available In Cannabis?
OAKLAND – The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways ...
Indoor Grown Cannabis Vs Outdoor Grown Cannabis – What’s The Difference?
OAKLAND – While cannabis has been cultivated around the world for thousands of years, modernization has made it easier than ever to grow the plant, whether in an outdoor garden bed or an isolated indoor ...
Cannabis Vaporizer Market Projected To Reach US$ 26 Billion By 2030
NEW YORK– Vaporizing using electronic devices and conventional smoking are the two methods of cannabis consumption. Portability, flexibility, and temperature control features have led to the shift of consumers toward handheld vaporizers from conventional methods, ...
Houseplant Launches at The Apothecarium’s California Dispensaries
SAN FRANCISCO– The Apothecarium is offering cannabis from Houseplant, the cannabis lifestyle brand founded by Seth Rogen and Evan Goldberg, at its five California dispensaries. The Apothecarium has three San Francisco locations (Castro, SOMA and ...
Actor Jaleel White Launching Cannabis Line Featuring ‘Purple Urkle’ Strain on 4/20
LOS ANGELES – Jaleel White's alter ego Steve Urkel is a household name in the USA, but the 44-year-old said he was more like Willy Wonka when he was discussing his new cannabis line ItsPurpl, ...
Trulieve Announces Expungement Programs in Several States as Part of 420 Celebration
TALLAHASSEE– Trulieve (CSE: TRUL) (OTCQX: TCNNF) a multi-state cannabis company, announced today a series of expungement clinics located throughout south and central Florida, as well as virtual events in Georgia and Massachusetts. The clinics are ...
Boston Cannabis Delivery Company, Zip Run, Secures $2.3 Million Seed Funding
BOSTON– ZIP RUN, one of the first social equity companies to create a cannabis delivery platform, announced today the completion of a $2.3 million seed funding round led by Mollitiam Capital. Zip Run is on ...
Psychedelic Decriminalization Bill Clears 2nd Hurdle in California Senate
SACRAMENTO: State Senator Scott Weiner announced his bill #SB519 easily advanced through the Health Committee on a 6-2 vote on Wednesday. This was the second hurdle in the California Senate committee has approved a bill ...
Cannabis Sales Predicted to Reach $370M For 4/20
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, predicts that Tuesday, April 20th, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, will gross $95,000,000 in legal cannabis retail sales nationally, ...
Cornbread Hemp Launches First Full Spectrum Certified Organic CBD Gummies
LOUISVILLE– Cornbread Hemp, the most widely distributed CBD brand from Kentucky, announced the launch of its Organic Berry CBD Gummies, just in time for 4/20. Made with 100% plant-based, vegan-friendly ingredients, this is the first CBD ...
Premier Cannabis Beverage Company Keef Brands Expands Eastward: Missouri, Ohio and Maine
DENVER – The next evolution of drinking with friends has come to the Midwest and East Coast. Keef Brands, founded in 2010 in Boulder, CO as one of the original cannabis-infused beverage companies and now ranked by ...
California Cannabis Lifestyle Brand LEUNE Raises Over $5M
LOS ANGELES–Today Leune, a California-based lifestyle brand that caters to the Cannabis 3.0 Consumer, is unveiling a strategic fundraise with influential investors in sports, music, and cannabis. Participants include La La Anthony, Carmelo Anthony, John ...
Green Flower Anounces Washington Cannabis Career Summit
BELLINGHAM, Wash.,–Green Flower is launching their first online Cannabis Career Summit designed to help career seekers better understand the realities and complexities of the cannabis industry, learn what skills and qualifications they need to stand ...
Decibel Announces Year-End Financial Results
CALGARY, AB, – Decibel Cannabis Company (TSXV: DB) (OTCQB: DBCCF) , a cannabis producer and retailer, is announced its year-end financial results for the three and twelve month periods ending December 31, 2020. "The success ...
The Valens Company Enters Topicals Category With Launch Of ”Nūance” CBD Bath Bombs
KELOWNA, BC, – The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced the launch of nūance CBD bath bombs. The bath bombs will join nūance's lineup of premium wellness products developed with ...
Connected Cannabis Co. Announces $30M Capital Raise
SACRAMENTO– Connected Cannabis Co, a cannabis cultivator, retailer and market leader in California, today announced the closing of a $30 million capital raise consisting of debt and equity financing. The round was led by existing investors Navy ...
The Legion of Bloom Partners with Environmental Not-for-Profits
SANTA ROSA, Calif.,–The Legion of Bloom, a cannabis company based in Northern California, announced the launch of a new program that cements its reputation for sustainability and corporate social responsibility by aligning with environmental not-for-profits. ...
