Consumer Research
AYR Wellness Hands Off Three More States to Arboretum
MIAMI – AYR Wellness Inc. has completed the transfer of ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, ...
FinCEN Reveals Steady Banking Access for Cannabis Businesses Despite Persistent Federal Barriers
WASHINGTON – A recent report from the Financial Crimes Enforcement Network shows that 816 banks and 182 credit unions filed suspicious activity reports (SARs) related to Cannabis businesses through the end of 2024, signaling stable ...
Texas Regulators Set Age Limit on Hemp-Derived THC Sales
AUSTIN – The Texas Alcoholic Beverage Commission (TABC) voted unanimously on Tuesday to bar liquor-license holders from selling hemp-derived THC products to customers under 21, marking the state's initial response to Governor Greg Abbott's call ...
High Tide Expands Canna Cabana Footprint in Ontario and Alberta
CALGARY – High Tide, Inc. announced plans to open three new Canna Cabana stores in the coming weeks, adding dispensaries in North York and Etobicoke, Ontario, and Fort McMurray, Alberta. The move pushes the company's ...
German Court Rules Prison Cells Qualify for Cannabis Possession Rules
LOS ANGELES- A Berlin appellate court (Kammergericht) has ruled that prisoners are legally permitted to possess up to 50 grams of cannabis in their cells for personal use, classifying prison quarters as the inmates’ “habitual residence.” ...
Hawaii Governor Vetoes Medical Cannabis Expansion Bill Over Privacy Concerns
LOS ANGELES– Hawaii Governor Josh Green has vetoed House Bill 302 (HB 302), a measure aimed at expanding the state’s medical cannabis program, due to concerns over patient privacy provisions, his office confirmed on June 9, ...
New Zealand Delegation Led by Zoë Reece Targets Multibillion‑Dollar European Medicinal Cannabis Market
LOS ANGELES- New Zealand trade delegation, including key export company Ora Pharm, is advancing into Europe’s growing medicinal cannabis market. CEO Zoë Reece is spearheading the mission, aiming to build clinical and commercial partnerships for cannabinoid-derived therapies ...
North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market
LOS ANGELES- North Carolina Governor Josh Stein (D) has urged legalization and regulation of adult-use cannabis to address growing public health concerns surrounding the state’s unregulated hemp-derived THC market. In a video posted on X, ...
Winners and Losers in Cannabis: The Efficiency Divide
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Highly Capitalized Network Launches “Battle of the Brands” — A New Show Redefining Cannabis Marketing Conversations
LOS ANGELES— Highly Capitalized Network (HCN), a leading business and financial media platform for Cannabis, today announced the launch of its newest original series: Battle of the Brands. This new podcast series brings together some ...
Curaleaf Gains Entry to S&P/TSX Composite Index, Today Officially
TORONTO – Today, Curaleaf Holdings Inc. officially joined the S&P/TSX Composite Index, becoming the first U.S.-based Cannabis company to achieve this status. The addition, effective before the market open and following a two-week set period, ...
Parallel’s goodblend Texas Launches First CBN Cannabis Product Line for Texas
AUSTIN–goodblend™ Texas, a retail brand of Parallel, one of the nation's largest privately-held multi-state cannabis operators, today announced the launch of the first cannabinol (CBN) products for patients registered in the Texas Compassionate Use Program. The Surterra Wellness Dream +CBN branded ...
New Female-Founded CBD Brand House of Wise Launches Sleep, Stress and Sex Products
MIAMI–CBD brand House of Wise launches with a full line of luxury, full-spectrum, organic CBD products empowering women to give more intention and purpose to sleep, stress management and sex so they can be in the ...
Nextleaf Launches Specialty Molecules Division
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce the ...
Berlin Cannabis Start Up Closes $44M Funding Round In Biggest Raise Yet For European Cannabis
BERLIN–Berlin-based cannabis start-up Sanity Group announced today it has closed a $44.2M USD Series A financing round with new investment led by Swiss venture capital firm Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated ...
Columbia Care to Acquire Medicine Man in $42M Deal
NEW YORK– Columbia Care Inc (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP), one of Colorado's largest and most experienced cultivators, manufacturers and providers of cannabis products in the United States, today announced that it has entered ...
Sacramento Throws California Cannabis Operators $100 Million Lifeline
LOS ANGELES–California's State Legislature on Monday approved a $100-million plan for California’s legal cannabis industry, which continues to struggle to compete with the large illicit cannabis market nearly five years after voters approved sales for ...
Innocan Pharma Announces Patent Application for Novel Cannabis-Based Vaginal Moisturizer and Lubricant Treatment
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announce it has filed an international patent application for a novel cannabis-based Vaginal Moisturizer and Lubricant Treatment. The composition comprises cannabinoids and additional agents of a ...
43% of U.S. Retail Investors Have at Least One Cannabis-Related Stock or Fund
CHARLOTTE, N.C.–With support for cannabis legalization at an all-time high in the U.S., it shouldn't come as a surprise that more people are investing in cannabis-related stocks. The latest MagnifyMoney survey of more than 1,200 investors ...
Acreage Holdings Founder Launches $125 Million Cannabis REIT
CYPRESS, Texas–Viridescent Management LLC, an affiliate of Viridescent Capital Partners, a private investment firm with substantial operating and investing experience across the U.S. cannabis industry, is pleased to announce a first close of over $125 ...
As the First Cannabis-Centered Video Sharing Social Network, SmokeSesh.Life Looks Towards Official Launch
DENVER–Created nearly one year ago by Travis "TJ" Owens, SmokeSesh.Life is finalizing plans to officially come to market as the first cannabis-focused social media site of its kind. With hundreds of users already signed up, ...
Creo Announces Collaborations With Fifth & Root And Joiya Bringing Innovative CBG Skincare Products to Market
SAN DIEGO–Creo, an ingredient technology company with a proprietary platform for producing natural cannabinoids without the cannabis plant, today announced collaborations with both Fifth & Root and Joiya to introduce new CBG skincare products using Creo CBG. The company has ...
PharmaCielo Welcomes Bill Petron as Chairman of the Board
TORONTO– PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of a Colombian cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced that all of the nominees listed in the Management ...
Trulieve Completes Acquisition of Solevo Wellness West Virginia
TALLAHASSEE– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading cannabis company in the United States, today announced the closing of the acquisition of Solevo Wellness West Virginia LLC and its three West Virginia dispensary ...
California Cannabis Distributor Nabis Increases Capacity With New SoCal Fulfillment Center
LOS ANGELES– Nabis, California's largest licensed cannabis distributor, announced today the opening of their new Southern California fulfillment center and new partnerships with a number of market leading brands. The 20,000 square-foot facility in Los Angeles allows Nabis to store three ...
Fiore Cannabis to Acquire California Cannabis Delivery Firm in $1.2 Million Transaction
KELOWNA–Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF), a licensed multi-state cannabis cultivator, producer and retailer, today announced it has signed a Letter of Intent to purchase California Patients Club, a cannabis delivery company operating in ...
Cannabis Testing Market to Reach $2.44 BN Globally By 2027 at 12% CAGR
PORTLAND–Allied Market Research published a report, titled, "Cannabis Testing Market by Product (Instruments, Consumables, and Software), Test Type (Heavy Metal Testing, Microbial Analysis, Potency Testing, Residual Screening, and Others), and End User (Cannabis Cultivators/Growers, Cannabis Drug Manufacturers, ...
Cirona Labs Raises $1.5M In Seed Round
GENEVA, N.Y.– Cirona Labs a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced it has closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply. ...
Klonetics Plant Science Inc. Receives Nursery Cultivation License from Health Canada
KELOWNA, B.C.– Klonetics Plant Science Inc announced they received its Health Canada Nursery Cultivation licence to produce cannabis starting materials available for sale to the cannabis industry in Canada. Its impressive 25,000 Square Foot state ...
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 ...
