Consumer Research
Alcohol Sales Slide as Cannabis Brings in $2.5B for Canada
OTTAWA – Federal and provincial governments in Canada collected ...
Opinion: Lean In? Sometimes You Have To Lean Out
LOS ANGELES- For years, women have been told that if ...
California Lawmakers Omit Cannabis Tax Relief from 2025 Budget
LOS ANGELES- California legislators did not include a freeze on the planned cannabis excise tax increase in the state’s 2025–26 budget, declining last-minute proposals to maintain the current 15% rate. The absence of this relief ...
AYR Wellness Delays Q1 2025 Filing
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator in the U.S., has reported a delay in filing its interim financial statements, MD&A, and related CEO/CFO certification for the quarter ended March 31, ...
IM Cannabis Proposes $50 Million Mixed Securities Shelf to Bolster Funding
LOS ANGELES- IM Cannabis Corp. a Canada-based medical cannabis provider operating in Israel and Germany, has filed a registration statement for a mixed securities shelf worth up to USD 50 million. The filing, submitted June 26 to the ...
Verano Holdings Reports 2024 Financial Results and Outlines 2025
LOS ANGELES- Verano Holdings Corp., a multi-state cannabis operator, has released its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a decrease in revenue and an increase in net ...
Trulieve Reports Strong Fourth Quarter Performance
LOS ANGELES- Trulieve Cannabis Corp., a multi-state cannabis operator, has announced its financial results for the fourth quarter and full year ending December 31, 2024, showcasing notable growth and operational efficiency. Financial Highlights Revenue: The ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Dutchie Acquires Leaflogix And Greenbits & Closes $200M Series C
LOS ANGELES– Dutchie is a point-of-sale commercial software platform enabling dispensaries to have access to the type of technology and tools needed to operate in cannabis. They raised their largest funding to date, $200 million ...
Global CBD Skin Care Market Forecast To Be $3.45 Billion By 2026
PALM BEACH–The personal care industry has witnessed a shift in consumer demand toward CBD infused skin care and CBD healthcare products. The category has grown exponentially over the past few years. That growth is expected ...
Cannabis Beverages Market Size Forecast To Reach 18% CAGR By 2025
FELTON, Calif., – The global cannabis beverages market is estimated to reach USD $2.8 billion, by 2025, and is projected to grow at a CAGR of 17.8% from 2019 to 2025, according to a new report ...
Aleafia Health Launches Cannabis Soft Chews by Bogart’s Kitchen
TORONTO– Aleafia Health Inc. announced the launch of THC soft chews under its edibles brand Bogart’s Kitchen. They represent Aleafia Health’s premiere cannabis edible product and the first launch under the Bogart’s Kitchen banner. They ...
Cannabis Events Plan Comeback, Anticipating End of Pandemic
LOS ANGELES – The cannabis events circuit is coming back to life after the long hiatus because of the pandemic. Of the recent events announced, these include the annual Cannabis Business Summit & Expo is ...
Kristen Bell Launches Happy Dance CBD Brand with Cronos Group
TORONTO – Cronos Group Inc. (TSX: CRON) today announced the launch of Happy Dance, a new, clean, simple CBD skincare brand, co-founded with actress and New York Times best-selling author Kristen Bell. Happy Dance launches with ...
Khiron Becomes First Colombian Company to Legally Export Cannabis To Europe
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) a vertically integrated cannabis compant with core operations in Latin America and Europe, has announced the Company has successfully exported its registered Colombian cannabis strains, in live clones, to Europe. ...
BT DE Investments Inc. Acquires Stake in Organigram Holdings
WILMINGTON, Del.– BT DE Investments Inc. announced today that it has acquired 58,336,392 common shares of Organigram Holdings Inc. in an agreement dated March 10, 2021. The Purchaser is a wholly owned indirect subsidiary of British ...
Lucky Strike Maker Invests $177 Million In Organigram To Develop Cannabis Products
MONCTON, New Brunswick – Organigram announced a C$221 million strategic investment from a wholly-owned subsidiary of BAT. The BAT subsidiary has subscribed for approximately 58.3 million common shares of OGI, which represents a 19.9% equity interest ...
Psychedelic Company Delic Appoints Zak Garcia From BulletProof As New CMO
VANCOUVER, BC – Delic Holdings, a psychedelic wellness-focused company, is pleased to announce the appointment of Zak Garcia, former CMO of Bulletproof Inc., makers of Bulletproof® Coffee, as Chief Marketing Officer. (Pictured: Zak Garcia) Matt Stang commented "Zak ...
Akerna to Acquire Viridian Sciences SAP Software System
DENVER – Akerna, an enterprise software and compliance technology provider, developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology, announced it signed an agreement to acquire Viridian Sciences, a cannabis business ...
Silo Wellness Strikes Deal With Bob Marley Estate For Mushroom Brand
MONTEGO BAY–Silo Wellness Inc., a wellness company in the psychedelics and functional mushrooms, announced it has entered into a multi-year license agreement with the family of legendary musician Bob Marley for the exclusive worldwide rights ...
Mexico’s Congress Approves Landmark Cannabis Bill
MEXICO CITY — Lawmakers in Mexico approved a bill Wednesday night to legalize recreational cannabis which creates the largest market for cannabis in the world, eclipsing their neighbor, California. The measure is widely expected to ...
Akerna To Announce 4th Q & Results To December 31, 2020, Monday, March 22, 2021.
DENVER– Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), will report financial results for the quarter ended December ...
Survey Finds A Majority Of New York Voters Support Accelerated Rollout Of Legalized Cannabis
WAKEFIELD, Mass., – A new survey conducted by Siena College Research Institute on behalf of Curaleaf Holdings, Inc. a U.S. provider of consumer products in cannabis, finds 57% of New Yorkers favor a faster rollout ...
Top Tips For Using CBD For Arthritis Pain Management
HCN– Cannabidiol (CBD) has been widely popularized as a potential treatment for forms of chronic pain such as arthritis pain and other types of joint pain. Does the science support the idea that CBD might ...
Exploring Cannabis Funding Around the World — Oceania
HCN Investigates – Oceania, which comprises Australia, New Zealand, and the surrounding islands, is expected to embrace both medical and recreational cannabis in the near future. According to cannabis analytics firm Prohibition Partners, the Oceanian ...
Dip Devices “Little Dipper” Promises Big Dabs From A Little Package
For the consummate cannabis concentrate enthusiast, one form of dabbing is never enough. Sometimes a massive rig made of heady glass complete with matching blowtorch is the flavor of the moment, other times an e-nail ...
California Cannabis Brand Launches Purposeful Pre-Rolls Donating $8.46 To Help End Mass Incarceration
VENICE, CA, – Substance, a premium California cannabis brand committed to propelling racial equity will release limited edition premium pre-rolls to help in the fight to end mass incarceration. In a purposeful collaboration ...
Mexico’s Landmark Cannabis Bill One Step Closer To Becoming Law
MEXICO CITY (Reuters) - Two special committees of Mexico’s Lower House of Congress late on Monday approved a draft bill to decriminalize marijuana and sent it on to the full chamber, bringing it a step ...
Veterans Action Council Announce Policy ”Green Paper” On Cannabis For Vets
CARLSBAD, Calif., – The Green Paper outlines significant and key concerns within the medical cannabis community, and what the Veterans Action Council feel are potential remedies, particularly as they relate to our Veterans. As Veterans of the ...
Woman’s International History Month: Investigating Cannabis and Pregnancy
OAKLAND – Cannabis has been used medicinally throughout history for all different kinds of maladies, including many women’s health conditions. Ancient Egyptians made a paste made of cannabis leaves to put on sore breasts for ...
Curaleaf to Enter European Cannabis Market with Acquisition of EMMAC Life Sciences Limited
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a leading U.S. provider of consumer products in cannabis, today announced that it has signed a definitive agreement to acquire EMMAC Life Sciences Limited ("EMMAC"), ...
Hemp in Everything Signs Exclusive Deal with CBD Lounge
CHARLOTTE, N.C.,– Hemp in Everything - a company devoted to natural and organically -grown hemp-infused lifestyle products - today announced an exclusive partnership with Hideaway Lounge in Charlotte, North Carolina. Hideaway, located at 2710 Tuckaseegee Road, is the ...
The Green Organic Dutchman Reports Fourth Quarter and Year End 2020 Financial Results
TORONTO – The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, reports its results for the fourth quarter and fiscal year ...
