Consumer Research
Virginia Cannabis Licenses Delayed Again After Spanberger Veto
RICHMOND-Virginia’s long-delayed adult-use Cannabis market has suffered another major setback ...
Cresco Labs Reports Q1 2026 Financial Results
CHICAGO – Cresco Labs Inc. released its first-quarter results, showcasing ...
Cronos Group Reports Q1 2026 Financial Results
TORONTO – Cronos Group Inc. posted record net revenue and ...
Decibel Reports Q4 and FY 2025 Financial Results
CALGARY – Decibel Cannabis Company Inc. posted audited results for the fourth quarter and full year ended December 31, 2025, showing overall revenue growth driven largely by its international operations. Net revenue for the year ...
Five Years After Legalization, Virginia Still Isn’t Ready—But It’s Getting Closer
Virginia’s Cannabis market has been “legal” on paper for years. In practice, it’s been stuck in neutral—possession allowed, but no regulated retail system to match it. That may finally be shifting. The latest move out ...
Tilray Acquires Lyphe Group, Expands UK Medical Cannabis Reach
LONDON – Tilray Brands Inc. has acquired the Lyphe Group, a British operator of online medical Cannabis clinics and a digital pharmacy platform. The deal adds a network that has treated more than 16,000 patients ...
Cresco Labs Secures Conditional Medical Cannabis License in Texas
AUSTIN – Cresco Labs Inc. announced that the Texas Department of Public Safety had conditionally awarded it a license under the state’s Compassionate Use Program. The vertically integrated permit, covering cultivation, processing and dispensing, applies ...
3WIN Corp Acquires Alchemist Filling Machines
TEMPE - 3WIN Corp., a distributor of CCELL vape hardware and a provider of services to the Cannabis industry, announced it has acquired Alchemist Filling Machines, an Arizona company known for its patent-protected equipment used ...
High Tide Subsidiary Targets Supplier Role in Medicare CBD Pilot
CALGARY – High Tide Inc. has announced that its U.S.-based CBD subsidiary, NuLeaf Naturals, started negotiations with healthcare institutions to supply products for a new federal pilot program that lets certain Medicare beneficiaries receive up ...
Missouri Senate Approves Bill to Ban Intoxicating Hemp Products
JEFFERSON CITY – The Missouri Senate approved the legislation, clearing a measure that would bar the sale of most intoxicating hemp-derived products outside the state’s licensed Cannabis dispensaries. House Bill 2641, known as the Intoxicating ...
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired Safari Flower Co., an established white-label, EU-GMP-certified Cannabis cultivator and manufacturer based in Ontario. Aurora purchased 100% of the shares of 9869247 Canada Limited, operating ...
Relm Launches Kidnap & Ransom Insurance for Cannabis Businesses
HAMILTON – Bermuda-based Relm Insurance announced a new Kidnap and Ransom (K&R) insurance product aimed at executives and operators in the Cannabis sector, alongside those in digital assets. The policy addresses physical threats that have ...
Glass House and Vireo Combine California Retail Ops to Form New JV
LONG BEACH – Glass House Brands Inc. and Vireo Growth Inc. announced that they will combine their California dispensary operations into a 50/50 joint venture aimed at creating one of the state’s largest Cannabis retail ...
ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES- ProStar SEO, a Canadian firm specializing in search engine optimization, has released new insights identifying the most influential Google ranking factors specific to cannabis industry websites. The report, based on a large-scale analysis ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 settlement in a lawsuit filed by employees of Timber Cannabis, a seven-location cannabis dispensary chain in Michigan. The lawsuit alleged that management appropriated tips left ...
Malaysia Weighs Cannabis Vaporizer Manufacturing for Export
LOS ANGELES— Malaysia’s Cabinet is set to decide whether to permit the manufacturing of cannabis vaporizer hardware for export, as Health Minister Datuk Seri Dr. Dzulkefly Ahmad confirmed following a multi-agency review. The proposal centers ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis
LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Cannabis Use Among Seniors Sees Significant Uptick
LOS ANGELES- A recent study published in JAMA Internal Medicine highlights a notable increase in cannabis use among U.S. adults aged 65 and older. Data from the National Survey on Drug Use and Health indicates ...
FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES- FLUENT Corp.a vertically integrated cannabis operator, has initiated cultivation at its new Rosa indoor facility in Tampa, Florida. This development adds 9,200 square feet of high-efficiency indoor canopy to the company's operations, marking ...
Atai Life Sciences and Beckley Psytech Announce Strategic Merger to Form Atai Beckley
LOS ANGELES- Atai Life Sciences, a biopharmaceutical company, and Beckley Psytech, a private UK-based biotechnology firm, have announced a definitive agreement to merge, creating a new entity named Atai Beckley. The all-share transaction values Beckley ...
Comprehensive Cannabis Pangenome
LOS ANGELES- A collaborative study led by the Salk Institute for Biological Studies has constructed the most comprehensive genetic map of Cannabis sativa to date, analyzing 193 genomes from 144 biological samples. This pangenome reveals ...
Cresco Labs Reports $30 Million in Q1 Operating Cash Flow
LOS ANGELES- Cresco Labs Inc. reported $30 million in operating cash flow for the first quarter of 2025, reflecting its ongoing emphasis on cash generation and financial discipline. This figure follows a record $132 million ...
California Cannabis Industry Pursues Self-Regulation
LOS ANGELES- In response to ongoing regulatory challenges and concerns about product safety, California's cannabis industry is exploring self-regulation measures to bolster consumer trust and ensure compliance within the legal market. The Environmental Consumer Compliance ...
AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
