Consumer Research
Cannabis 3.0: From Getting High to Getting Clinical
NEW YORK-Cannabis is entering a new phase, and this one ...
Vireo Growth Reports Q1 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. released its first-quarter 2026 financial ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Two weeks that rewrote the rules. That is the most accurate way to characterize what the U.S. Сannabis and Psychedelics industries have experienced heading into the final days of April 2026. Federal ...
IRS and Treasury Move to Clarify Cannabis Tax Rules
WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service made an announcement, confirming they will issue formal guidance to address the federal tax consequences of a Department of Justice order that ...
BREAKING: DOJ Signs Cannabis into Schedule III
WASHINGTON – Today, the federal government took its most consequential step on Cannabis policy in decades, as Acting Attorney General Todd Blanche formally signed an order moving state-licensed medical Cannabis from Schedule I to Schedule ...
Cannabis Sales Climb as Alcohol Purchases Slip, Statistics Canada Reports
OTTAWA – New federal data from Statistics Canada reveal that recreational Cannabis sales in Canada rose while alcohol declined in the fiscal year, ending March 31, 2025. Parallel trends appear in U.S. frequency-of-use surveys, where ...
Sensi Seeds and Death Row Records Partner to Release Exclusive Strains in U.S.
AMSTERDAM – Sensi Seeds, the Dutch seed bank founded in 1985, has brought its collaboration with Death Row Records to American home cultivators. The move makes selected Cannabis strains available in the United States for ...
Ascend Wellness Partners with NuProject to Introduce ROOTS
NEW YORK – Ascend Wellness Holdings announced it had teamed up with the non-profit NuProject to launch a six-month business readiness program called ROOTS (Readying Opportunities for Operational & Trade Sustainability). The initiative targets licensed ...
WM Technology to Delist from Nasdaq
IRVINE – WM Technology, Inc., the company behind the Weedmaps online Cannabis marketplace, announced that it will voluntarily pull its Class A common stock and warrants from the Nasdaq Global Select Market. The move comes ...
LEEF Brands Reaches Deal to Acquire Himalaya Vapor
VANCOUVER – LEEF Brands Inc. entered into an agreement and plan of merger to acquire Standard Holdings Inc. the parent company of Himalaya Vapor, a California concentrates producer known for its full-spectrum cartridges and live ...
ATACH Publishes Report on Updated Hemp Regulations
WASHINGTON – Federal lawmakers moved last year to shut down a major loophole in hemp rules, and the American Trade Association for Cannabis and Hemp (ATACH) has now delivered a clear-eyed examination outlining the regulatory ...
Seed Junky Genetics Announces MINNTZ Return
LOS ANGELES – JBeezy, the founder of Seed Junky Genetics, confirmed that the MINNTZ® brand is officially returning as an independent line following a new agreement with Michigan-based HNG Solutions, LLC. The partnership will put ...
Cannabis Rescheduling Hits Pause as DEA Shifts Gears
WASHINGTON, D.C. – The federal cannabis rescheduling saga, already a slow-burning drama, took a sharp turn this week as Chief Administrative Law Judge John J. Mulrooney announced his retirement, effective August 1, 2025. The exit, ...
Texas Hemp Ban Showdown or Reefer Madness 2.0?
AUSTIN – The Texas Senate Committee on State Affairs ignited a fiery debate on Tuesday, July 22, 2025, during the first hearing of a special legislative session called by Governor Greg Abbott to address the ...
Trulieve Boosts Beverage Portfolio with Onward Expansion and Upward Launch
LOS ANGELES – Trulieve Cannabis Corp. is making waves in the cannabis industry with the expanded distribution of its premium THC-infused beverage, Onward, and the introduction of Upward, a new THC-infused energy drink line. Trulieve's ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
ANALYSIS : The Looming End of Unregulated Hemp-Derived Intoxicants
LOS ANGELES- July 21, 2025 The hemp-derived THC loophole may be living on borrowed time. Over the past year, the unregulated market for intoxicating hemp-derived cannabinoids—most notably delta-8 and delta-10 THC—has come under increasing legal ...
Psychedelic Retreats Offer Mental Health Breakthrough for Military Veterans
LOS ANGELES- A growing body of evidence is challenging how we treat combat-related trauma—and this time, it’s not coming from a VA clinic, but from jungle retreats in Peru and quiet mushroom ceremonies in Jamaica. ...
Rep. Salud Carbajal Responds to DHS Claims After ICE Raid at Cannabis Farm
LOS ANGELES- U.S. Representative Salud Carbajal (D‑CA‑24) is facing criticism following a July 10 ICE raid at two Glass House Farms cannabis cultivation sites in Carpinteria and Camarillo, California. The Department of Homeland Security (DHS) ...
Pennsylvania Senators Introduce Bipartisan Bill to Legalize Recreational Cannabis
LOS ANGELES- Pennsylvania lawmakers today announced the introduction of two parallel bipartisan bills aimed at legalizing adult-use recreational cannabis. The effort builds on mounting momentum amid state budget pressures and growing public support. In the ...
DaySavers Introduces ‘Higher Potential’ Scholarship with Over $25,000 in Cannabis Education Awards
LOS ANGELES- DaySavers, the pre‑roll accessories brand under Custom Cones USA, has launched its inaugural Higher Potential Cannabis Education Scholarship—a collective effort backed by industry partners, offering more than $25,000 in financial support for current ...
California Farmworker Dies Following Greenhouse Fall During Chaotic ICE Raid
LOS ANGELES- A 57‑year‑old farmworker, identified as Jaime Alanis Garcia, has died from injuries sustained after falling approximately 30 feet from a greenhouse roof during a July 10 ICE-led raid at a Glass House Farms ...
Verano Elevates James Leventis to Chief Strategy & Compliance Officer
LOS ANGELES- Verano Holdings Corp. Announced the promotion of James Leventis to Chief Strategy and Compliance Officer. Leventis, a licensed attorney with nearly 15 years of experience across the healthcare, pharmaceutical, consulting, and cannabis sectors, has ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and ...
HYTN Secures Health Canada Drug Licence to Propel Cannabinoid Prescription Drug Pathway
LOS ANGELES- Vancouver-based HYTN Innovations Inc. (CSE: HYTN; OTC Pink: HYTNF) announced on July 14, 2025, that it has been granted a Cannabis Drug Licence (CDL) by Health Canada, effective July 2. This licence enhances HYTN’s existing Drug Establishment Licence ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
MariMed Expands Access to Betty’s Eddies Chews to Medical Market in Maine
LOS ANGELES- MariMed Inc. has entered into a licensing agreement with The Stoned Moose, LLC, to distribute its full-spectrum Betty’s Eddies fruit chews in both adult-use and medical cannabis channels across Maine. Previously restricted to ...
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
McConnell Seeks to Close 2018 Hemp “Loophole” in Senate Funding Bill
LOS ANGELES- Senate Republican leader Mitch McConnell is advancing a provision in the FY 2026 agriculture appropriations bill aimed at revising the federal hemp definition to bar products containing any “quantifiable” amount of THC. The action ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
