Consumer Research
Nigeria Explores Regulated Cannabis for Medical and Economic Purposes
ABUJA – Nigeria's National Assembly is drafting legislation to legalize ...
Compass Pathways Advances in Second Phase 3 Trial for Psilocybin-Assisted TRD
LONDON – Compass Pathways PLC ADR, a UK-based mental health ...
350 Retail Cap and Tier V Cultivation Limits: What Virginia’s Scarcity Model Means for License Strategy
RICHMOND- Virginia’s adult-use design is built on scarcity and structural ...
NY Regulators Delay Hearing in Bid for Settlement with Cannabis Dispensary Owners
NEW YORK – New York state Cannabis regulators have postponed a key hearing on a disputed proximity rule, aiming to negotiate a resolution with affected dispensary operators. The move comes after a lawsuit from business ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Recent developments in the Cannabis and psychedelics sectors point to a period of cautious optimism, marked by stock gains, legal battles, and innovative expansions. From property value boosts tied to legalization to ...
Cybin Partners with Thermo Fisher for U.S. Manufacturing
LOS ANGELES- Cybin Inc. a neuropsychiatry company, has announced a collaboration with Thermo Fisher Scientific to support the Phase 3 clinical supply and potential commercial manufacturing of CYB003, its proprietary deuterated psilocin analog, for the ...
Rubicon Organics Appoints Glen Ibbott as Interim CFO
LOS ANGELES- Rubicon Organics Inc. a Canadian producer of certified organic cannabis products, has appointed Glen Ibbott as Interim Chief Financial Officer, effective May 15, 2025. This leadership change follows the departure of Janis Risbin ...
TILT Holdings Reports First Quarter 2025 Financial Results
LOS ANGELES- TILT Holdings Inc. announced its financial results for the first quarter ended March 31, 2025, reflecting a year-over-year revenue decline and continued strategic realignment towards its Jupiter inhalation technology business. Financial Performance The ...
High-Paying Roles in the Cannabis Industry
LOS ANGELES- As the cannabis industry continues its expansion across the United States, it presents a variety of high-paying career opportunities. Positions such as cultivation directors, compliance officers, and extraction technicians are in demand, offering ...
STUDY: Cannabis Consumers Engage in Greater Levels of Physical Exercise
OKLAHOMA CITY–Middle-aged adults are more likely to engage in physical activities on days when they also consume cannabis, according to data published in the journal Addictive Behaviors. Researchers affiliated with the University of Oklahoma assessed the relationship between cannabis use ...
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
FDA Warns Companies Illegally Selling Over-the-Counter CBD Products for Pain Relief
SILVER SPRING, Md.,– The U.S. Food and Drug Administration has issued warning letters to two companies for selling products labeled as containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act ...
Akerna Announces Financial Results for the Quarter Ended December 31, 2020
DENVER–Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider and developer of seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), today reported its unaudited financial results for the quarter ended December 31, 2020. "In ...
Greenrose SPAC Acquires 4 Cannabis Businesses Creating New Vertically Integrated Company
AMITYVILLE, N.Y.– Greenrose Acquisition Corp. (NASDAQ: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies ...
War On Drugs Ends For Residents Of Cambridge Massachusetts
CAMBRIDGE – Cambridge's City Council agreed 8-1 last month with an order written by councillor Jivan Sobrinho-Wheeler that the city make arresting adults with controlled substances “amongst the lowest law enforcement priority” and that the ...
California Cannabis Equity Grants Program Provides $15 Million in Grant Funding for Local Jurisdictions
Sacramento, CA – The Governor’s Office of Business and Economic Development (GO-Biz), in partnership with the Bureau of Cannabis Control, today announced $15 million in grant funding through the Cannabis Equity Grants Program for Local Jurisdictions. ...
Nabis Announces Exclusive Partnership with PLUS to Distribute All THC Products in California
OAKLAND– Nabis, one of California's cannabis wholesale marketplaces, announced today that the company entered into an exclusive partnership with Plus Products Inc. (CSE: PLUS) to provide licensed distribution for their cannabis products in California. "PLUS ...
SAFE Banking Act for Cannabis Industry Reintroduced in House
WASHINGTON, D.C.–Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY), and Warren Davidson (R-OH) reintroduced the Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections for financial institutions serving cannabis-based businesses ...
Curaleaf’s Select Brand Introduces “Select Fresh” Line in 10 States
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced the latest addition to its suite of products with Select Fresh, which will make history ...
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. ...
