Consumer Research
Massachusetts Lawmakers Push Forward Psychedelic Therapy Programs
BOSTON – Massachusetts lawmakers have advanced legislation that would set ...
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known ...
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 ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Psilocybin Decriminalization Inches Forward At State Level
HONOLULU – With Oregon leading the way in the decriminalization of drugs, other states are following suit. A state bill to legalize psilocybin treatment was introduced in the Hawaii Senate last Friday. If approved, SB ...
Oregon Begins Treating Addiction As Public Health Crisis
PORTLAND – Oregon's new law Measure 110, passed last November decriminalized drugs in that state. Oregon reclassifies possession of small amounts of drugs (e.g. less than one gram of heroin, 40 units of LSD, or 12 ...
Opioid Deaths Decline When Cannabis Dispensaries Nearby
UNIVERSITY OF CALIFORNIA, DAVIS – Deaths from overdoses of opioids — a class of drugs that include heroin, prescription pain relievers such as oxycodone, and synthetic opioids such as fentanyl, have risen sharply in the ...
Papa & Barkley Hires Beauty Industry Leader As New CEO
EUREKA, Calif., – Papa & Barkley, a leading cannabis wellness products company in California, today announced various promotions and additions to its executive team. Evelyn Wang has joined the company as its new Chief Executive Officer. Zeeshan Hyder has joined ...
Tilray CEO Sees US Cannabis Prohibition Ending by 2023
TORONTO – Brendan Kennedy, CEO of Canadian cannabis company Tilray, is optimistic that the United States will take steps toward federal legalization of cannabis in the near future, in statements reported today on CNBC. "I ...
Gage Cannabis Closes $50 Million Reg A+ Financing, Seeks To Go Public In Q1 2021
DETROIT – Forbes has reported today that Gage Cannabis Co. a leading high-quality craft cannabis brand and operator in Michigan, have closed at $50M Reg A+ financing round. It previously secured a minimum investment of ...
COOKIES Launch ”CAPS” A Blend of Mushrooms, Cannabinoids, and Terpenes
SAN FRANCISCO – International cannabis lifestyle brand COOKIES gives consumers an all-new way to manage their health and wellness with the launch of a novel three-in-one capsule product line that combines mushrooms, cannabinoids and terpenes designed to ...
New U.S. Senate Leader Endorses Ending Cannabis Prohibition
WASHINGTON – The change in Senate leadership means the increased potential for a number of policy areas to be addressed, including cannabis policy reform. With Majority Leader Chuck Schumer (D-N.Y.) now the first head of the upper ...
New Mexico Moves Ahead With Recreational Cannabis Legalization Plan
SANTA FE – Gov. Michelle Lujan Grisham on Thursday announced her support for a measure to legalize recreational cannabis in New Mexico for adults aged 21 and older, an economic development driver that would create ...
MedMen Must Pay Ex-CFO At Least $500K In Legal Fees
LOS ANGELES – A California state court ordered cannabis retailer, MedMen, to pay its former CFO $500,000 reimbursement of legal fees amid his retaliatory firing suit, noting his contract covered attorney fees in any eventuality. ...
Hawaii Cannabis Tax Proposal Plugs Budget Shortfalls
HONOLULU – 15 states in the United States have already legalized cannabis for recreational use. With Hawaiian tourism revenues vanishing with COVID, it's no surprise some Hawaii lawmakers are considering legalizing recreational cannabis. Despite years ...
Harvest Health & Recreation Uses Sale And Leaseback To Fund Florida Expansion
PHOENIX – Harvest Health & Recreation Inc. (CSE: HARV), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") ...
Social Equity Licensing Lawsuit Dropped In Massachusetts
BOSTON – A lawsuit filed by the Commonwealth Dispensary Association against the Cannabis Control Commission over new delivery regulations has been dropped. The CDA sued the CCC, arguing new regulations introducing a cannabis operator license ...
Brexit Stymies Medical Cannabis Patients in the U.K.
LONDON, U.K. – British mother Hannah Deacon's campaign to save her son Alfie life in 2017 led to a change in the law in the United Kingdom enabling cannabidiol medicine to be prescribed. This prescription ...
How to Distribute Wholesale CBD Oil
CBD and everything else hemp-related is only becoming more popular with time, and projections suggest that the domestic hemp market is about to explode into an unprecedented period of growth based on a variety of ...
History of CBD – How the Industry Came to Be
To understand something, you must understand where it came from. Every product within today’s consumer culture has a story, and the story of how cannabidiol ended up in medicine cabinets around the world is more ...
CBD For Anxiety
Cannabidiol (CBD) has become increasingly popular as an alternative treatment for a variety of ailments, from arthritis to autism. The non-psychoactive cannabinoid is also being used by some people as a way to alleviate anxiety ...
Cannabis and Pregnancy — What You Need To Know
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 women. In ...
Are You Getting The Most Out Of Your Hemp Crop?
It’s an exciting time to be in the hemp industry, as interest in CBD and other derivatives has reached a fever pitch. Now more than ever, as businesses in the space continue to develop, it’s ...
5 Uses For CBD You May Not Be Aware Of
Now that hemp is legal in all 50 states, there have been many developments in how the medicine is delivered. Consumers can still smoke marijuana, but they can also use vaporizers, edibles, sublingual sprays, capsules ...
5 Interesting Facts About the Endocannabinoid System
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 its users ...
Keegan Peterson, CEO of Cannabis Payroll Provider, Würk, Dies At 33
DENVER – Keegan Peterson, (pictured) CEO of Denver-based cannabis human-resources tech company Würk, has died. He was 33 years old. Peterson founded Würk in 2015, a payroll and HR-solutions company solely for cannabis businesses with ...
Sale Of Recreational Cannabis Underway Across Arizona
PHOENIX – Medical cannabis dispensaries can now get licensed for recreational cannabis licenses, according to the Arizona Department of Health Services. Voters passed Proposition 207 in November, legalizing the sale and possession of recreational cannabis ...
Michigan’s Cannabis Market Could Reach $3 billion, 4 Million Customers In 3 Years
DETROIT – Recreational Cannabis has taken off in Michigan with the legal cannabis market being forecast to exceed $3 billion in value comprising a projected 4 million customers by 2023. Michigan's Marijuana Regulatory Agency director ...
How Are Cannabis Businesses Funded In Oceania?
HCN INVESTIGATES: What is the current status of cannabis law in Australia, New Zealand, and the surrounding islands, and how is the blossoming Oceanian cannabis industry funded? Exploring Cannabis Funding Around the World — Oceania ...
