Consumer Research
Bipartisan Bill to Delay Hemp Ban Gains 36 Congressional Sponsors
WASHINGTON – Bipartisan legislation to postpone tightened federal rules on ...
Bipartisan Measure Targets Barriers to Psychedelic Therapies for Terminal Patients
WASHINGTON – A group of House and Senate lawmakers from ...
Curaleaf Opens 70th Dispensary in Florida
STAMFORD – Curaleaf Holdings Inc. added its 70th medical Cannabis ...
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
States Propose Cannabis Tax Hikes Amid Industry Pushback
LOS ANGELES- In Michigan, Governor Gretchen Whitmer's recent $3 billion infrastructure plan includes a proposal to close a cannabis tax loophole, potentially generating an additional $470 million for road repairs. This move has alarmed local ...
Green Thumb Industries Schedules Q2 2025 Earnings Call for August 6
LOS ANGELES- Green Thumb Industries Inc., a cannabis consumer packaged goods company and operator of RISE dispensaries, announced on July 2 that it will release its second-quarter 2025 financial results after market close on Wednesday, August 6, ...
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
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 ...
Exploring Cannabis Funding Around the World — Africa
HCN Investigates – Africa has a long history of medicinal cannabis use. Find out how this continent’s modern entrepreneurs are finding funding for legal African cannabis ventures. Exploring Cannabis Funding Around the World — Africa ...
Columbia Care Announce Results For Fourth Quarter And Full Year 2020
NEW YORK – Columbia Care Inc. announce preliminary results for the fourth quarter and full year ended December 31, 2020. The Company is also issuing 2021 guidance. Below is their recent press release statements: “Our ...
Tryp Therapeutics Announces Listing On OTCQB
LA JOLLA, California – Tryp Therapeutics (CSE: TRYP) a pharmaceutical company focused on identifying and developing clinical-stage compounds for diseases with high unmet medical needs, announced today that it has submitted its application for a ...
Massachusetts Legislators File New Bills Decriminalizing Drug Possession & Use
BOSTON – Massachusetts state legislature's decriminalization bill was introduced in the House by Representatives Liz Miranda and Mike Connolly with a virtually identical bill in the Senate by Julian Cyr. If passed, this bill would ...
BDSA Reports Global Cannabis Sales Exceeded $21 Billion in 2020; Forecasts $56 Billion by 2026
BOULDER – BDSA announced today the release of its 2020 cannabis sales data and forecast future sales by region. Global cannabis sales reached nearly $21.3 billion in 2020, an increase of 48% over 2019 sales ...
France Begins Research This Month Into Medical Cannabis
PARIS, France – Decree 2020-1230 which allows the launch of a new broad-based research into the therapeutic benefits of cannabis among the French, has finally been published in the French Official Journal; a typical step ...
Report: Cannabis Consumers Spending 25% More During Covid-19 Pandemic
DENVER – Business intelligence from Akerna (Nasdaq: KERN), shows how the Covid-19 pandemic has altered daily lives of North Americans, with cannabis shoppers and patients spending about 25-30% more per purchase and are increasingly purchasing ...
IMCC Becomes First Israeli Cannabis Company To List On NASDAQ
GLIL YAM, ISRAEL – IM Cannabis Corp., a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company's common shares will commence trading today ...
Psychedelic Company Delic Holdings Announce New Appointment to Board of Advisors
LOS ANGELES – DELIC Holdings Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness-focused company, is pleased to announce the appointment of Kyle Snook, former COO of Actify Neurotherapies, to the Board of Advisors of the ...
Eaze Releases Annual State-Of-Cannabis Review: How Cannabis Consumers Responded to COVID-19
SAN FRANCISCO – Eaze, California’s largest legal cannabis marketplace, today released its sixth annual Eaze Insights State of Cannabis Report. The 2020 report, “How Cannabis Consumers Responded to Crisis”, looks at aggregate consumer trends driving the ...
Schwazze Completes Acquisition of Five Remaining Star Buds Dispensaries in Colorado
DENVER – Schwazze, formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ) ("Schwazze" or “the Company"), today announced that it has closed on the asset purchase of the five Star Buds dispensaries located in Colorado ...
Berlin Psychedelics Startup Atai Raises $157 Million & Eyes IPO
BERLIN – Biotech startup Atai Life Sciences, which is exploring the use of psychedelic treatments for depression, anxiety and addiction, on Wednesday said that it had raised $157 million from investors to develop its drugs ...
Pennsylvania Gov. Tom Wolf Releases Large Group Of Cannabis-Law Violators
Gov. Tom Wolf has signed off on 310 pardons, 69 of them impacting the lives of nonviolent cannabis law violators, whom criminal justice advocates say face a lifetime of for a crime that now is on ...
Highly Capitalized Celebrates Women’s History Month With A Salute To The Legendary Brownie Mary
SAN FRANCISCO – Brownie Mary (born Mary Jane Rathbun December 22, 1922 – April 10, 1999) was an American rights activist specializing in cannabis reformation, who became a face of rationale and perspective amongst heavily ...
Could Clubhouse Be The Next Big Thing In Cannabis Networking?
SAN FRANCISCO – For a heavily networked industry like cannabis, the lack of in-person events due to the COVID-19 pandemic has been devastating. Virtual trade shows and Zoom mixers have sprouted up here and there, ...
UPS Prohibits Shipments of Vaping Products throughout U.S.A.
ATLANTA – UPS is prohibiting the shipment of Vaping Products throughout its U.S. network (including import and export). For the purpose of this prohibition, Vaping Products includes any and all noncombustible liquid or gel, regardless ...
Mydecine Fully Completes the First-Ever International Export of Psilocybin Mushrooms
DENVER – Mydecine Innovations Group (CSE: MYCO) is a biopharma company in the life sciences category committed to the research and development, production, and acceptance of alternative nature-sourced medicine for mainstream use, has completed the ...
MariMed Secures $46M In New Funding For Expansion Purposes
NORWOOD, Mass., – MariMed, Inc. (OTCQX: MRMD) a leading multi-state cannabis operator focused on health and wellness, today announced the closing of a $46 million financing facility with Hadron Healthcare Fund ("Hadron") pursuant to the ...
Cannabis Medication Over-Use Disorder Identified in Migraine Patients
MINNEAPOLIS – Using cannabis for relief from migraine headache may be associated with developing "rebound" headache, or medication overuse headache, which occurs when pain medication is overused by patients who have an underlying primary headache ...
Proposed California Law Ends Workplace Cannabis Urine Tests
SACRAMENTO – Assembly Bill 1256, introduced by Assemblyman Bill Quirk, D-Hayward, (pictured) is intended to prevent employers from using past evidence of marijuana use, such as a hair or urine test, as justification for discrimination ...
Canadian Smoke Shop Player High Tide Posts Annual Revenue Up +166%
CALGARY, AB, – High Tide, a retail-focused cannabis corporation from Canada in the smoke shops market, filed its year-end 2020 financial results on March 1, 2021, the highlights of which include: Revenue increased by 118% ...
NASDA Joins In The Call For Raising THC in Hemp From 0.3% To 1%
AUSTIN – NASDA, is an organization that represents the Commissioners, Secretaries, and Directors of the state departments of agriculture in all fifty states and four U.S. territories. State departments of agriculture are responsible for a ...
Seth Rogen’s Houseplant Company Launched in California Selling Cannabis and Paraphernalia
TORONTO – Canadian actor, film-maker and well-known cannabis advocate, Seth Rogen announced the launch of Houseplant into the USA. Together with Evan Goldberg, his creative writing partner, announced the launch of their cannabis company Houseplant ...
CBD Market Forecast For Significant Growth: 21% CAGR To 2028
PALM BEACH – Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use ...
