Consumer Research
Ohio Enacts New Cannabis and Hemp Regulations After Referendum Effort Fails
COLUMBUS – Updated rules for Ohio’s recreational Cannabis market and ...
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 ...
Organigram Global Launches Collective Project THC Beverages in 25 U.S. States
TORONTO – Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), Canada’s leading cannabis company by market share, has made a significant stride into the U.S. market with the launch of its hemp-derived THC beverage brand, Collective ...
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
Blüm Holdings to Acquire Northern California Cannabis Dispensary
LOS ANGELES- Blüm Holdings Inc, a California-based publicly traded holding company and cannabis operator, has signed a binding all‑stock agreement to acquire a majority stake in a licensed adult‑use and medical cannabis dispensary in Northern ...
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 ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
Vireo Growth and Curio Wellness Forge Partnership to Enter New York Market
LOS ANGELES- Vireo Growth Inc. and Curio Wellness have announced a manufacturing-and-distribution agreement aimed at introducing Curio’s Best Self Collection into New York’s licensed cannabis market. Vireo will leverage its existing infrastructure to produce and ...
Study: New Yorkers Support Recreational Cannabis, Just Not in Their Neighborhood
NEW YORK– While 61% of New York State residents support the legalization of adult-use recreational cannabis sales, more than half (52%) of those living in New York City would oppose its sale in their neighborhood. ...
Canopy Growth Announces US$750 Million Term Loan Financing
SMITHS FALLS, ON– Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is pleased to announce that it has entered into a credit agreement with Funds advised by King Street Capital Management, L.P. Under the Credit Agreement, ...
GrowGeneration Enters Massachusetts’ Cannabis Market Via Acquisition of Aquarius Hydroponics
DENVER– GrowGeneration Corp. (NASDAQ: GRWG), a specialty hydroponic and organic garden centers, today announced its acquisition of Aquarius Hydroponics, an indoor-outdoor garden supply center specializing in hydroponics systems, lighting and nutrients. Aquarius Hydroponics is one ...
Hemp Bombs Extends CBD Edibles line with New Flavors and Formats
TAMPA–Global Widget, the manufacturer and distributor of iconic CBD brands Hemp Bombs, Nature's Script™ and Perfect Paws Hemp, announces the expansion of its best-selling, industry award-winning CBD edibles from Hemp Bombs with four new and improved products: Immunity ...
Limitless CEO Jas Mathur and Floyd Mayweather partner to launch CBD product line SMILZ
LOS ANGELES– Jas Mathur, global business titan, and his longtime associate megastar Floyd Mayweather today announced the launch of SMILZ, a full spectrum CBD brand. Created to serve a market of customers that have a range of ...
High Tea Cannabis Co. Announces 11 New Locations Across Ontario
BRAMPTON, ON– Legal cannabis retailer, High Tea Cannabis Co., announced the establishment of 11 additional dispensaries across Ontario. Originally based in Brampton, the new stores will span across east and southwestern Ontario to cater to ...
Cannabis Legends: Irishman William Brooke O’Shaughnessy
Sir William Brooke O'Shaughnessy (1809-1889) was an early pioneer of the cannabis industry. William O’Shaughnessy was born in Limerick, Ireland, during the days of the British Empire. Talented in science and medicine, he was accepted ...
Green Thumb Industries Reports Fourth Quarter and Full Year 2020 Results
CHICAGO and VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of ...
Sundial Reports Full Year and Fourth Quarter 2020 Financial and Operational Results
CALGARY– Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the full year and fourth quarter ended December 31, 2020. All financial information in this press release is reported in millions of Canadian ...
Goodekind Launches Delta 8 THC Organic and Vegan Gummies
LOS ANGELES– Goodekind, a woman and minority-owned social enterprise that focuses on creating organically grown and consciously sourced hemp products, has released a new product line consisting of non-GMO, organic, and vegan Delta 8 THC ...
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 ...
