Consumer Research
Xylo Bio Advances Its Lead Into First-In-Human Clinical Trial
BOSTON – Xylo Bio confirmed that the first participants have ...
Cresco Labs Closes Pennsylvania Dispensary Deal
CHICAGO – Cresco Labs Inc. announced the closing of its ...
Grön Scatters Pearls Over Four States at Once
PORTLAND – Grön officially announced that its flagship Pearls line ...
Yale Budget Lab Outlines Multibillion Dollar Future for Federal Cannabis
NEW HAVEN – The fiscal argument for federal Cannabis legalization now has an academic backbone. Yale University's Budget Lab released a comprehensive revenue analysis mapping out what a federal excise tax on Cannabis could realistically ...
Definium Delivers Positive Phase 3 Data for LSD Candidate in GAD
NEW YORK – Definium Therapeutics Inc. has released topline results from the first of two Phase 3 studies testing its LSD-based candidate DT120 in adults with generalized anxiety disorder (GAD). The findings add to earlier ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – A hostile takeover bid, a Senate hemp vote that reset the enforcement calendar without solving anything, a state tax repeal with constitutional teeth, a dense Q2 earnings wave, and two landmark banking ...
Verano Reports Q2 2026 Financial Results
CHICAGO – Verano Holdings Corp. posted net revenue of $218 million for the three months ended June 30, 2026, up 8% year-over-year from $202 million in Q2 2025, and up 5% sequentially from $208 million ...
RYTHM Reports Q2 2026 Financial Results
ROLLING MEADOWS – RHYTHM, Inc. posted revenue from continuing operations of $23 million in the second quarter of 2026, a 73% sequential increase that cleared management's own guidance of 65% growth. For context. Total revenue ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The final days of July and the opening of August delivered a concentrated burst of news that touched labor, capital markets, federal regulation, and cross-border insolvency. A historic labor settlement, a one-company ...
MJBowl Adds Colorado for Its Second Year
LOS ANGELES – The MJBowl, the Cannabis product competition co-presented by MJBizCon and professional review platform Budist, is returning for its second year, with Colorado joining California and New York in the competition pool for ...
Vireo Growth Authorizes Share Buyback Program
MINNEAPOLIS – Vireo Growth Inc. has received board approval to begin a share repurchase plan under a normal course issuer bid. Following a series of strategic moves, including an expansion into Ohio and an earlier ...
Tyson 2.0 Teams Up with Reborn Roots for a Heavyweight Touchdown in Rhode Island
LOS ANGELES – Celebrity Cannabis brands have tested markets from the Pacific Northwest to the Caribbean and one of the sector's most recognized names is now pushing into New England. Tyson 2.0 Inc. announced an ...
Ascend Wellness Reports Q2 2026 Financial Results
NEW YORK – Ascend Wellness Holdings Inc. reported its Q2 2026 financial results posting net revenue of $126.1 million, a 7.9% sequential increase from $116.9 million in Q1 2026. Retail revenue climbed 11.5% quarter-over-quarter to ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
Alcohol Giants Intensify Capitol Hill Push on Hemp THC Drinks
WASHINGTON – Major players in the beer, wine, and spirits sectors disclosed a sharp increase in federal lobbying during the third quarter of 2025, zeroing in on regulations for hemp-derived THC beverages that some executives ...
Pre-Rolls Claim Top Spot in Canadian Cannabis Sales, Signal Shift Across the US
LOS ANGELES – Pre-rolled Cannabis joints have quietly moved ahead of loose flower to become the leading product in Canada's $5.8 billion 2024 legal market, a milestone that underscores a broader turn toward convenience in ...
LinkedIn Research Study: People Don’t Trust What You Say — They Trust What Others Say About You
LOS ANGELES- According to LinkedIn’s 2025 B2B Marketing Benchmark, video is now the #1 driver of trust — outperforming every other content format for credibility and conversion. The study shows that brands using video and ...
What’s Changing Now for Cannabis Operators: Lessons from Anaheim’s IgniteIt 2025
LOS ANGELES- The cannabis industry has always been about resilience, reinvention, and relentless adaptation. At this year’s IgniteIt Market Spotlight: California (formerly the Benzinga Cannabis Conference) in Anaheim, that message was louder than ever. The ...
Ohio Cannabis Sales Exceed $1.2B Since Recreational Launch
COLUMBUS – State records show Ohio's Cannabis sector has recorded more than $1.2 billion in combined medical and adult-use sales since recreational dispensaries opened in August 2024, a mark that underscores consistent buyer turnout in ...
Global Cannabis Market Tightens Amid Surging Demand and Supply Snags
LOS ANGELES – Germany's medical Cannabis imports jumped more than 400% in H1 2025, pushing the European market into a period of rapid expansion and testing the limits of international supply chains. That surge has ...
Ex-Prosecutor Calls for Psilocybin Therapy Legalization in NY
NEW YORK – A former narcotics prosecutor who once enforced drug laws now argues that New York must open the door to psilocybin-assisted therapy, framing it as a necessary step toward treating chronic pain and ...
Supply Bottlenecks Stall Minnesota’s Adult-Use Cannabis Launch
MINNEAPOLIS – Minnesota's adult-use Cannabis sector kicked off with fanfare, but operators on the ground report bare shelves and mounting bills as wholesale supplies fail to keep pace with licensed retail outlets. The Office of ...
Former Texas Governor Rick Perry Champions Ibogaine Research at Dallas Documentary Films Event
DALLAS – Former Texas Governor Rick Perry called for broader access to ibogaine, a psychedelic compound derived from the African iboga shrub, during a panel discussion following a screening of documentary clips on Thursday night. ...
Poll Finds Broad Voter Support for Legal Hemp with Stricter Safeguards
WASHINGTON – A national survey released this week reveals that a solid majority of American voters back the continued legality of consumable hemp products, provided federal authorities introduce tougher safety and licensing rules aimed at ...
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, launched a new service this week aimed at treating gynecological and hormonal disorders with therapies involving Cannabis. The initiative marks the first of its kind ...
The Geneva Opium Conference and The Century-Long Campaign Against Cannabis
LOS ANGELES – In the early 20th century, a pivotal moment in the global history of Cannabis regulation unfolded at the Geneva Opium Conference, held from November 1924 to February 1925. Organized by the League ...
Missouri Cannabis Sales Fall to $118.9M in September
ST. LOUIS – Retailers in Missouri reported $118.9 million in Cannabis sales for September, a drop from the previous month's total and the second-lowest figure of the year so far. The decline of about 9% ...
Tilray Medical Expands to Panama Market
NEW YORK – Tilray Medical, the pharmaceutical arm of Tilray Brands Inc., has secured a medical Cannabis license in Panama, marking its latest step into Central America. The company formed a joint venture with local ...
Verano Launches Dispensary in Restored Ohio Train Depot
CHICAGO – Verano Holdings Corp. marked another step in its Ohio operations with the announcement of a grand opening for its Zen Leaf dispensary in Antwerp, a small village in northwest Ohio. The site, set ...
Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood
LOS ANGELES – Glass House Brands Inc. began trading on the Robinhood app this week, opening the door for a broader swath of retail investors to access shares in a vertically integrated multistate Cannabis operator. ...
Cannabis Industry Eyes Quadrupled Growth Through 2033, Research and Markets Reports
LOS ANGELES – A new report from Research and Markets forecasts the global Cannabis market will expand from $39.1 billion in 2024 to $151.72 billion by 2033, reflecting a compound annual growth rate (CAGR) of ...
Curaleaf Secures $100M Revolving Credit Facility
STAMFORD – Curaleaf Holdings Inc. closed an expanded revolving credit agreement with Needham Bank, increasing its borrowing limit to $100 million from $40 million and extending the term to as long as five years. The ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
From Cherokee to California: The New Bipartisan Crackdown on ‘Kid-Friendly’ Cannabis Marketing
LOS ANGELES- The California Department of Cannabis Control (DCC) issued fresh guidance this week reminding licensees that marketing, packaging, and labeling that could appeal to minors is strictly prohibited under MAUCRSA. It specifically highlighted bright ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Investors and operators tuned in closely over the past fortnight as political signals rippled through boardrooms and trading floors, underscoring the sector's knack for turning headlines into hard dollars. Federal nods to ...
