Consumer Research
Vireo Growth Completes Schwazze Assets Acquisition
MINNEAPOLIS – In a move that instantly reshapes the competitive ...
Craft Cannabis Market Projects Steady Climb to $12.3B by 2031
LOS ANGELES – Small-scale producers in the Cannabis industry are ...
FDA Signals Shift to Single Phase 3 Trials for Drug Approvals, Opening Door for Faster Psychedelic Therapies
LOS ANGELES – The Food and Drug Administration is preparing ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
420 Cannabis Hoilday Retail Traffic Up 10% in 2021
DENVER –Cannabis retail traffic was up 9.5%, and sales rebounded 8.4% year-over-year on 4/20, according to Cova Software. While major outages plagued several big POS systems, Cova reported its 4th straight year of perfect uptime ...
Dragonfly Biosciences Launches Global Outreach Into Australia
LONDON– Dragonfly Biosciences UK makers of a leading seed to shelf range of CBD oils and skincare products has formed a non-exclusive distribution agreement with Health House International Australia, enabling the sale of Dragonfly CBD ...
Psilocybin As Effective As Antidepressants, According To Study
OAKLAND – Psilocybin, the active ingredient in “magic” mushrooms, has long been celebrated for its potential to be used as an alternative to powerful pharmaceutical drugs in the treatment of mental health conditions, and new ...
A LIFE IN A DAY: Brett Puffenbarger: Cannabis Industry Personalities
BRETT PUFFENBARGER is a multi-talented cannabis and hemp professional experienced across a broad range of categories of the "green rush." He’s co-founder CEO of consulting firm Good Highdeas which is focused on due diligence and ...
5 Fast Facts About Your Endocannabinoid System
OAKLAND – Cannabis has become a popular alternative treatment for several different illnesses and ailments. Cannabidiol (CBD), a non-psychoactive cannabinoid, in particular is gaining attention for its plethora of health benefits. CBD does not get ...
Michigan Cannabis Sales Reach Record Highs In March
DETROIT – Michigan recreational cannabis sales are on track to surpass $1 billion in the next 12 months. The Michigan Marijuana Regulatory Agency provides a very detailed breakdown of their market from volumes sold to ...
Canopy Growth Signs U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverage Portfolio
NEW YORK–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a leading diversified cannabis, CBD and vaporization device company, today announced Southern Glazer's Wine & Spirits, a pre-eminent distributor of beverage alcohol, as the distribution partner for ...
TerrAscend Expands in Pennsylvania Through Acquisition of Keystone Canna Remedies
NEW YORK– TerrAscend Corp.(CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has entered into a definitive agreement to acquire GuadCo, LLC and KCR Holdings LLC for an implied enterprise value of ...
dosist Brand Launches Clean Gummies Into Edibles Category
LOS ANGELES– Cannabis brand dosist™ today announced the launch of dosist performance gummies, the latest innovation in its THC product portfolio. Available now in California, dosist's fast-acting, all-natural vegan gummies were designed to completely elevate the ...
GrowGeneration Expands Michigan Footprint with Downriver Hydro Acquisition
DENVER– GrowGeneration Group (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced its acquisition of Downriver Hydroponics, a Michigan-based indoor garden supply center in Wayne County. Founded in 2011, Downriver Hydro is the ...
Decibel Announces Promotion of Kris Newell to Chief Operating Officer
CALGARY– Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer and retailer, is pleased to announce the promotion of Kris Newell to the recently created position of Chief Operating Officer, effective as ...
Legal Global Cannabis Market Forecast To $84 Billion By 2028
SAN FRANCISCO– The global legal cannabis market size is expected to reach USD 84 billion by 2028, according to a new report by Grand View Research. This market is expected to expand at a CAGR of 14.3% ...
SAFE Banking Act Passes By Voice Vote in US House of Representatives
WASHINGTON, D.C., – The SAFE Banking Act passed the House today by a voice vote. The act essentially allows cannabis companies to access normal federal banking services. The House move clears the way for the ...
Curaleaf to Report First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that it will report its financial and operating results for the first quarter ended March ...
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, ...
