Consumer Research
Czech Republic Approves Psilocybin Therapy Guidelines for 2026
PRAGUE – The Czech Republic has taken a measured step ...
Aurora Partners with Leafio to Expand Medical Cannabis Reach in Australia
EDMONTON – Aurora Cannabis Inc. disclosed a new wholesale distribution ...
Curaleaf Secures Virginia Foothold with Purchase of Cannabist Assets
STAMFORD – Curaleaf Holdings, Inc. has entered into an agreement ...
The Intoxicating Hemp Ban Is About to Become Law — and It’s a Pyrrhic Victory for Cannabis
LOS ANGELES- The federal government just erased a $20-billion industry under the guise of “closing a loophole.” But rather than protecting consumers, Washington has dealt a crippling blow to both hemp and legal Cannabis — ...
Senate Spending Package Eyes Hemp THC Crackdown as Shutdown Continues, Trump Backs Restrictions
WASHINGTON – A bipartisan spending package drafted to end the nation's longest government shutdown now includes a provision that would sharply curtail sales of hemp-derived THC products, garnering White House endorsement and fierce opposition from ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators sharpened their focus on balance sheets and strategic footholds while policymakers grappled with regulatory gaps and emerging threats. Funding flowed into psychedelics innovation, MSOs reported Q3 2025 earnings, trimmed underperformers, and ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with Farm 2 Hand, LLC, a licensed cultivator and processor in New York, to roll out its lineup of edibles across the state starting in 2026. ...
Germany Boosts Medical Cannabis Import Cap
BERLIN – German health authorities have increased the annual limit on medical Cannabis imports to 192.5 metric tons, in an effort to keep up with the rapid growth in patient demand while the country navigates ...
Emerald Intel Acquires Cannabiz Media, Expanding Reach in Cannabis Intelligence Sector
ANNAPOLIS – Emerald Intel, a key player in Cannabis market data, revealed its purchase of Cannabiz Media, a long-standing directory of licensed operators and decision-makers in the North American Cannabis space. The transaction, announced via ...
Green Thumb Industries Reports Q3 2025 Financial Results
CHICAGO – Green Thumb Industries released third-quarter earnings that reflected a narrow sales increase alongside deepening price cuts in established markets. The company posted $291.4 million in revenue for the period, a 1.6% rise from ...
Curaleaf Reports Q3 2025 Financial Results
STAMFORD – Curaleaf Holdings Inc. unveiled its third-quarter financials, revealing a revenue figure that edged past analyst forecasts while underscoring the company's deepening reliance on global markets to counter domestic challenges. The Cannabis MSO recorded ...
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with Zohran Mamdani's clear mandate on November 4, 2025, as the 34-year-old assemblyman secured 50.4% of the vote against former Gov. Andrew Cuomo's 41.6% and Curtis ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Texas Senate Passes Bill to Ban Hemp THC
DALLAS–The Texas Senate has taken a major step toward banning consumable hemp products that contain THC or other intoxicating cannabinoids, a move that could severely impact an $8 billion industry employing approximately 50,000 workers. On ...
Planet 13 Schedules Release of Q4 2024 Financial Results
LOS ANGELES- Planet 13 Holdings Inc. a vertically integrated multi-state cannabis company, has announced that it will release its financial results for the fourth quarter and full year ending December 31, 2024, on March 26, ...
POSaBIT Captures Majority of Cannabis Transactions in Washington State
LOS ANGELES- POSaBIT Systems Corporation a provider of point-of-sale and payments infrastructure in the cannabis industry, now processes over 85% of all cannabis point-of-sale transactions in Washington State. Established in 2015, POSaBIT has expanded ...
Hemp-Derived Products Influence Cannabis Market Dynamics
LOS ANGELES- The 2018 Farm Bill's legalization of hemp cultivation has significantly impacted the cannabis industry, leading to the emergence of various hemp-derived products that are reshaping market dynamics. One notable development is the ...
High Tide Reports Q1 Revenue
LOS ANGELES- High Tide Inc. a Canadian cannabis retailer, announced its financial results for the first quarter ended January 31, 2025, reporting revenue of CAD 142.5 million, an 11% increase from the same period last ...
MindMed Appoints Matt Wiley as Chief Commercial Officer
LOS ANGELES-Mind Medicine (MindMed) Inc. a biopharmaceutical company specializing in brain health disorders, has announced the appointment of Matt Wiley as Chief Commercial Officer (CCO). In his new role, Mr. Wiley will oversee MindMed's ...
Missouri’s Cannabis Industry Experiences Significant Growth
LOS ANGELES- Since legalizing recreational cannabis in 2022, Missouri has rapidly emerged as a prominent player in the cannabis market. The state now ranks as the seventh-largest in cannabis sales, surpassing states with larger populations ...
Silly Nice Collaborates with Cannabis Justice & Equity Initiative to Promote Social Equity in New York’s Cannabis Industry
LOS ANGELES- Silly Nice, a Black and Veteran-owned cannabis brand based in Harlem, has partnered with The Cannabis Justice & Equity Initiative (CJEI) to support communities disproportionately affected by past cannabis prohibition. This collaboration focuses ...
Vista Hosts San Diego County’s First Licensed Public Cannabis Festival
LOS ANGELES- The city of Vista has made history by hosting San Diego County's first licensed cannabis event on public property. The Farmer's Cup, held at the Moonlight Amphitheatre, marked a significant milestone in the ...
Tokyo Smoke Closes Toronto Locations Amid Industry Challenges
LOS ANGELES- Tokyo Smoke, a prominent cannabis retailer, has reportedly ceased operations at all its Toronto outlets. This development aligns with a broader trend of cannabis store closures across Canada, reflecting the industry's evolving landscape. ...
Anna Kole Joins Highly Capitalized Network-HCN to Help Lead Content Development and Distribution
FOR IMMEDIATE RELEASE LOS ANGELES — Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries is excited to welcome Anna Kole as their new Content Editing ...
Innovative Cannabis-Derived Compound Offers Pain Relief Without Psychoactive Effects
LOS ANGELES- Researchers at Washington University School of Medicine in St. Louis and Stanford University have developed a novel compound that replicates the pain-relieving properties of cannabis without inducing psychoactive side effects or addiction. ...
Minnesota Extends Cannabis Business Application Deadline Following System Outage
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has extended the deadline for cannabis business license applications after its online application system experienced an unexpected shutdown. System Outage Details On Friday, March 14, ...
Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions
LOS ANGELES- A kiosk at Brookfield Square Mall in Brookfield, Wisconsin, operated by Waukesha-based Ethereal Gold Dispensary, has garnered attention for selling cannabis and psychedelic mushroom products. The presence of this kiosk has sparked a ...
South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES- The South African Department of Health has implemented new regulations prohibiting the production, sale, and importation of foodstuffs containing components derived from the Cannabis sativa L. plant, including hemp, hemp seed oil, and ...
Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024
LOS ANGELES- Cresco Labs Inc., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported an operating cash flow of $132 million for ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
