Consumer Research
Ora Pharm Completes Helius Acquisition, Becomes New Zealand’s Largest Medical Cannabis Company
AUCKLAND – Ora Pharm has completed the acquisition of the ...
Glass House Brands Triggers Warrant Acceleration
LONG BEACH – Glass House Brands Inc., a major player ...
California Cannabis Delivered Steady Tax Dollars in Q1 2026
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) reported that legal Cannabis retailers generated close to $248 million in combined tax revenue during the first three months of 2026. As of May ...
Vireo Growth Completes Purchase of Leased NY Cannabis Facility
MINNEAPOLIS – Vireo Growth Inc. has completed the acquisition of its Johnstown, New York Cannabis production facility from Innovative Industrial Properties, Inc., paying $88.5 million for the 389,000-square-foot cultivation and production site previously held under ...
Village Farms Brings Home Producer of the Year Award
LONDON-VANCOUVER – Village Farms International Inc. was named Producer of the Year at the 2026 Business of Cannabis Awards, held on May 26 in London's Shoreditch following the opening day of Cannabis Europa Conference at ...
Bioxyne Double-Strikes in LATAM and Europe
SYDNEY – Bioxyne Limited, an international health and life sciences company focused on the manufacturing and distribution of novel medicines, including medical Cannabis, psilocybin, and MDMA, has signed two new commercial agreements – one stretching ...
Rubicon Organics Reports Q1 2026 Financial Results
VANCOUVER – Rubicon Organics Inc. delivered its first-quarter report, revealing results that show both progress and short-term pressures common in an industry shifting toward larger-scale operations – all while balancing strong market share gains with ...
BREAKING: Colorado Passes Landmark Ibogaine Research Bill, Expanding the State’s Natural Medicine Framework
DENVER- Colorado has taken another major step in the evolution of regulated psychedelic medicine. The Colorado legislature has passed House Bill 26-1325, a landmark measure that establishes an ibogaine research pilot program within the state’s ...
The DEA Window: The Real Fight Is Over Who Qualifies as Medical Cannabis
WASHINGTON, D.C. - The real significance of the DEA window is not that the Cannabis industry needs another explanation of legalization. Operators, investors, attorneys, and regulators already understand the limits of federal reform. The more ...
Greece Shuts the Door on Cannabis Flower in Retail
ATHENS – Greece's medicines regulator has ordered an immediate, nationwide halt to the retail sale of dried Cannabis flower, pulling a product that had built a foothold in c-stores, vending machines, and specialized shops across ...
Nigeria Explores Regulated Cannabis for Medical and Economic Purposes
ABUJA – Nigeria's National Assembly is drafting legislation to legalize Cannabis for medical, pharmaceutical, and industrial use, marking the most significant federal-level push the country has seen on the issue to date. The proposed bill ...
Vireo Growth Expands into Organic Agribusiness with Bridgewell Acquisition
MINNEAPOLIS – Vireo Growth Inc., which operates cultivation, processing, and retail dispensaries across ten states, signed a letter of intent to purchase Bridgewell Agribusiness LLC from BWAB Holdings LLC. The base purchase price is set ...
Cannabis Market Faces Inevitable Wave of Consolidations to Keep the Pace of Dynamics
LOS ANGELES – Viridian Capital Advisors' Chart of the Week painted a picture of a highly fragmented U.S. Cannabis industry, where the top five multi-state operators (MSOs) generated about $4.8 billion in revenue, equating to ...
Snoop Dogg’s Venture Firm Boosts UK Cannabis Clinic with £4.5M Investment
LONDON – Casa Verde Capital, co-founded by rapper Snoop Dogg, has pumped £4.5 million [$6 million] into Mamedica, the United Kingdom's dominant online provider of medical Cannabis prescriptions, in what stands as the biggest funding ...
Ohio Cannabis Sales Hit $3B Mark at Steady Pace of Recreational Expansion
COLUMBUS – New York may command the spotlight in East Coast Cannabis discussions, with its market posting $1 billion in sales through August of this year alone, but Ohio's program has methodically built a formidable ...
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Chinese Gangs Exploit Farm Bill Loophole, Fueling Illicit Cannabis Spread Across the States
LOS ANGELES – Chinese criminal syndicates have seized on a flaw in the 2018 Farm Bill to flood American markets with illegal high-THC Cannabis disguised as legal hemp, creating a shadow economy that rivals major ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
GTI Opens Rise Dispensaries in Minnesota, Expanding Access to Adult-Use Cannabis Buyers
CHICAGO – Green Thumb Industries (GTI) announced opening its Rise dispensaries across Minnesota, marking a key step in the state's shift to broader access for adult consumers. The move comes two years after lawmakers approved ...
California Reaps $259.7M in Cannabis Tax Revenue for Q2 2025
LOS ANGELES – California's legal Cannabis sector delivered $259.7 million in tax revenue during the second quarter of 2025, based on data released by the California Department of Tax and Fee Administration (CDTFA). The figure ...
Verano Adds Crystal River Location, Reaching 82 Dispensaries in Florida
CHICAGO – Verano Holdings Corp. has expanded its presence in Florida by opening a new MÜV dispensary in Crystal River, bringing its total to 82 stores statewide and 152 nationwide. This move bolsters Verano's network ...
Verano Announces Redomicile from British Columbia to Nevada
CHICAGO – Verano Holdings Corp. has put forward a plan to shift its parent company's incorporation from British Columbia to Nevada. The board gave its nod to the proposal on September 15, and the company ...
Rad Recruitment Launches “AIRS – AI Recruitment Systems” to Help Cannabis Operators Hire Faster, Smarter, and at Lower Cost
LOS ANGELES - FOR IMMEDIATE RELEASE - Rad Recruitment Launches “AIRS – AI Recruitment Systems” to Help Cannabis Operators Hire Faster, Smarter, and at Lower Cost Embedded, AI-powered talent system greatly reduces time-to-hire and talent ...
Arkansas Medical Cannabis Sales Are Expected to Break Previous Record
LITTLE ROCK – Dispensaries in Arkansas have recorded $193.1 million in medical Cannabis sales from January through August, according to data from the state Department of Finance and Administration. This figure positions the market to ...
Rhode Island Launched Applications for Additional Cannabis Retail Licenses
PROVIDENCE – The Rhode Island Cannabis Control Commission has started taking applications for 24 additional adult-use Cannabis retail licenses, a step that expands the state's recreational market three years after legalization. The licenses are spread ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up the first half of September 2025, it's worth noting that the Cannabis & Psychedelics industries continue proving their resilience amid political uncertainty and turbulent market dynamics. From stock rallies signaling ...
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona shared details of her personal encounter with ibogaine during a recent appearance on CNN. Speaking with Jake Tapper, Sinema highlighted her push for expanded research into ...
Europe’s Medical Cannabis Sector Shows Steady Expansion
LOS ANGELES – Prohibition Partners’ report indicates that Europe's medical Cannabis market could hit approximately €1.4 billion this year, driven by demand in key countries like Germany and the United Kingdom. Analysts point to a ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Medical Cannabis Finds Favor Among Seniors Across Continents
LEIPZIG, WASHINGTON – Medical Cannabis adoption among older populations is accelerating, with recent data from Germany and the United States illustrating parallel trends in usage for chronic and age-specific conditions. In Germany, following partial legalization ...
Cannabis Real Estate Trends: What’s Selling Right Now
LOS ANGELES- The Cannabis industry continues to evolve at a rapid pace — but one thing remains constant: real estate is the foundation of every successful Cannabis business. The right property doesn’t just house operations; ...
HBA Pushes for Regulatory Framework on Hemp-Derived THC Beverages in Pennsylvania
HARRISBURG – The Hemp Beverage Alliance (HBA), a trade group with close to 400 members in the United States, Canada and the United Kingdom, has launched an initiative to set up guidelines for hemp-derived THC ...
Morocco Approves Licenses for 67 Cannabis-Based Products
RABAT – Moroccan regulators have cleared 67 Cannabis-derived products, signaling steady progress in the country's push toward a structured legal framework for the plant. The batch includes 26 cosmetic items and 41 dietary supplements, each ...
LSD Shows Promise in Prolonged Reduction of Anxiety Symptoms
LOS ANGELES – A recent study published in the Journal of the American Medical Association (JAMA) on September 4, suggests that a single dose of lysergic acid diethylamide (LSD) may significantly reduce symptoms of generalized ...
Cannabis MSOs Face Manageable 2026 Debt Maturities, Viridian Analysis Shows
LOS ANGELES – Major Cannabis operators are navigating a once-daunting wave of debt due in 2026 with greater ease than anticipated, according to a recent chart from Viridian Capital Advisors. The analysis examines cash sources ...
