Consumer Research
Massachusetts Lawmakers Push Forward Psychedelic Therapy Programs
BOSTON – Massachusetts lawmakers have advanced legislation that would set ...
Conservative Think Tank Advocates Federal Cannabis Labeling Standards to Address State Disparities
WASHINGTON – A prominent conservative policy group has called for ...
Psyence BioMed Ventures into Psilocybin’s Role in Aging Research
NEW YORK – Psyence BioMedical Ltd. disclosed its entry into ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
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 ...
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 ...
Mike Tyson Urges Trump to Act on Cannabis Reform
LOS ANGELES- Boxing legend Mike Tyson, alongside athletes including Kevin Durant and Dez Bryant, has urged former President Donald Trump to pursue federal cannabis reform after accusing President Joe Biden of failing to deliver on ...
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, ...
Judge Order Cannabis Companies To Stop Billboard Advertising
The California Bureau of Cannabis Control has been tasked to inform all cannabis business owners that they can no longer advertise on highways that cross state lines, according to a judgement from San Luis Obispo ...
Mexico Gives The Green Light To Medical Cannabis
MEXICO CITY - Mexico’s health ministry have published rules this week regulating the use of medical cannabis, a first major reform that makes Mexico the world’s largest legal cannabis market. The new regulation was signed ...
Women Inclusion Network and WEIC Join Forces To Support Women In Cannabis
LOS ANGELES --The Arcview Group’s Women’s Inclusion Network joins forces with Women Empowered in Cannabis (WEiC) to develop a cohesive program that benefits members of both organizations. In 2021, Women’s Inclusion Network and WEiC will offer joint membership, access ...
California Will Facilitate Greater Access To Financial Services in Cannabis
SACRAMENTO – Today, the California state cannabis licensing authorities – the Bureau of Cannabis Control, California Department of Food and Agriculture and California Department of Public Health – provided notice to the public of proposed ...
California Consolidates Cannabis Regulatory Bodies Into One Super Regulator
SACRAMENTO – California Governor Gavin Newsom (pictured above) fiscal year 2021-2022 budget proposal released today includes a proposal to consolidate the three state licensing authorities into a single Department of Cannabis Control. This proposal was ...
USDA Say New COVID Stimulus Funds Now Extend to Help Hemp Farmers
(Washington, D.C.) USDA have said funding for Hemp farmers affected by COVID will be released as early as this month, through the $900 billion Consolidated Appropriations Act, 2021. A new bill just signed into law ...
Virginia Joins East Coast States In Push to Full Legalization
Virginia takes one step closer to legalizing cannabis sales with new legislation proposed today by Gov. Ralph Northam in a meeting in Richmond's state capital. Backed by state Senators Louise Lucas, D-Portsmouth, and Adam Ebbin, ...
Curaleaf completes new $50 million revolving credit facility
Curaleaf Holdings, Inc. (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced successful completion a new $50 million, three-year secured revolving credit facility. The net proceeds from borrowings under the credit ...
Four Cannabis Social Justice Organizations to Know
Cannabis has evolved from being the Nixon-era’s scapegoat to a modern element of pop culture that’s becoming a vibrant, booming industry. Last year alone, we’ve generated tens of thousands of jobs, crime rates have plummeted, ...
Dutch Government Mandates Ugly Packaging For Newly Regulated Cannabis Brands
DEN HAGUE – The cannabis sold in the Netherlands is sold in coffee shops or hash bars dotted around Holland in cities like Amsterdam and Rotterdam. These coffee shops act as in-site consumption lounges. Despite ...
Aurora Cannabis Layoffs Continue Despite Cannabis Stocks Boom
Edmonton-based Aurora Cannabis (ACB) have stopped production at their Aurora Sun property in Medicine Hat. About 30 workers were made redundant. Aurora’s Vice President of Communications, Michelle Lefler says that the facility is now offline. ...
Cannabis Consumption Up Amidst Pandemic
In light of mandatory lockdowns put in place in response to the COVID-19 pandemic, it appears fun-seekers are changing up their consumption habits. According to a new study, the dormant club scene in New York ...
Cannabis Stocks Jump On Democrat Wins In Georgia
Cannabis stocks soared this week, riding the blue wave that washed over the state of Georiga. Two run-off Senate races saw a Democratic sweep, cementing majority control for the party. The Rev. Raphael Warnock and ...
Canopy Growth Files Patent Infringement Lawsuit Against GW Pharma
Canopy Growth claims GW Pharma has been illegally utilizing extraction technology they hold the exclusive rights to.
Snoop Dogg-Led Investment Fund Casa Verde Capital Closes Nearly $100 Million Round
Cannabis investments are heating up yet again. This time, it’s good news for Casa Verde Capital, the fund run by Snoop Dogg (real name Calvin Broadus), Ted Chung, and Karan Wadhera. Casa Verde closed a ...
Canadian Cannabis Companies Aphria and Tilray Announce Merger
Two of Canada’s leading licensed producers of legal cannabis have announced plans to merge. Ontario-based Aphria Inc. and British Colombia-based Tilray Inc. are joining forces and will be the largest marijuana producer in the world ...
US House Votes To Legalize Cannabis With Passing of MORE Act
In a watershed moment for the cannabis legalization movement, the United States House of Representatives on December 4th voted to remove the plant from the Schedule I list. The Marijuana Opportunity Reinvestment and Expungement Act, ...
Jay-Z Named Chief Visionary Officer Of Newly Minted California Cannabis Powerhouse
NEW YORK – Hip-hop mogul Shawn “Jay-Z” Carter has never shied away from proclaiming his adoration for cannabis in his music but the rapper and entrepreneur is taking his passion for the plant one step ...
5 Unique Benefits of Delta-8-THC
The cannabis plant has hundreds of active compounds, including dozens of different cannabinoids. While THC and CBD remain the dominant players in the marketplace, several lesser-known cannabinoids are beginning to gain traction. One such molecule ...
What is THC Distillate?
What is THC Distillate? The world of edible cannabis has changed dramatically since the swinging 1960s when pot brownies first hit the scene. Long gone are the days when some ground-up stems and shake ...
UN Approves WHO Recommendation On Rescheduling Medical Cannabis
In a move that could have a massive impact on marijuana reform efforts worldwide, the United Nations Commission on Narcotic Drugs (CND) has accepted a recommendation put forth by the World Health Organization (WHO) to ...
