Consumer Research
Week In Review: LIMS Market Projected to Hit $5.19 Billion by 2030; Verano Debuts Bodega‑Style Dispensary in Arizona; Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES — Welcome to the far too-exciting world of ...
ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES- ProStar SEO, a Canadian firm specializing in search ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 ...
Tilray Medical Introduces Good Supply Cannabis Brand to German Market
LOS ANGELES- Tilray Medical, a division of Tilray Brands Inc has launched its Canadian cannabis brand, Good Supply, in Germany. This expansion aims to provide German medical cannabis patients with access to a range of ...
MariMed Reports Q1 2025 Financial Results
LOS ANGELES- MariMed Inc. a multi-state cannabis operator, reported its financial results for the first quarter ended March 31, 2025. Financial Overview Revenue: $38.0 million, a slight increase from $37.9 million in Q1 2024. Gross ...
Why Bob Hoban Is Defending Steve DeAngelo—And What It Reveals About Cannabis Policy
LOS ANGELES- In cannabis industry discourse, facts can be overshadowed by simplified narratives. One such claim—widely circulated in trade circles—is that Steve DeAngelo, founder of Harborside and a prominent figure in the legalization movement, was ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Cybin CEO to Discuss Medical Innovation at Milken Institute Global Conference
LOS ANGELES- Cybin Inc. a neuropsychiatry company, announced that its Chief Executive Officer, Doug Drysdale, will participate in a panel discussion at the 28th Annual Milken Institute Global Conference. The panel, titled "The Global Landscape ...
Regulatory Advances Propel Global Medical Cannabis Market Growth
LOS ANGELES- The global medical cannabis market is experiencing significant growth, driven by regulatory reforms and increased acceptance of cannabis-based therapies. According to the "Medical Marijuana - Global Strategic Business Report 2025," the market was ...
Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually
LOS ANGELES- The United States' federal stance on cannabis exports is potentially costing the economy up to $10 billion each year, according to industry analyses. While domestic cannabis sales are projected to reach $35.3 billion ...
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 ...
Louisiana Committee Advances Cannabis Regulatory Framework Bill
LOS ANGELES- The Louisiana House Health and Welfare Committee has unanimously passed House Bill 707, setting the stage for a comprehensive regulatory framework for recreational cannabis use. Introduced by Rep. Edmond Jordan, the bill aims ...
Cannabis Industry on Track to Deliver 800,000 American Jobs by 2028
SAN DIEGO — In a recent report, CannabizTeam, a leading cannabis staffing and executive search firm, detailed optimistic projections for the U.S. job market within the legal cannabis industry, forecasting substantial growth and compensation boosts ...
Study Reveals High THC Levels in Smokable Hemp Products
LOS ANGELES- A recent study conducted by the National Institute of Standards and Technology (NIST) has revealed that a significant majority of smokable hemp products contain THC levels that exceed federal legal limits, classifying them ...
Cresco Labs Workers Vote to Leave Union
LOS ANGELES- In a notable development in the cannabis industry, employees at Cresco Labs' cultivation facility in Fall River, Massachusetts, have opted to de-unionize. The decision, made ahead of the expiration of their current contract ...
Louisiana Legislators Clash Over THC Consumables Regulation
LOS ANGELES- Louisiana's legislative bodies are currently entangled in a debate over the future of hemp-derived THC consumables, with contrasting bills passed by the House and Senate. According to NOLA.com, the Louisiana House has passed ...
Expansion of Japan’s Cannabis Market
LOS ANGELES- The cannabis market in Japan has shown remarkable growth from $26.3 million in 2019 to $173.8 million in 2023. This growth, detailed in a report by Euromonitor International, reflects a burgeoning demand for ...
Heritage Cannabis Seeks Creditor Protection
LOS ANGELES-Heritage Cannabis Holdings Corp. has sought creditor protection, reflecting broader financial distress within Canada’s adult-use cannabis market. The Ontario Superior Court of Justice approved the creditor protection under the Companies' Creditors Arrangement Act (CCAA), ...
Minnesota House Advances Social Equity in Cannabis Licensing
LOS ANGELES- The Minnesota House of Representatives has passed significant amendments to the state's adult-use cannabis program, focusing on enhancing social equity in cannabis licensing. The changes were detailed in a recent MinnPost report and ...
Adjustments to Federal Drug Testing Guidelines Proposed
NEW YORK- The Department of Health & Human Services is considering revisions to the federal drug testing panels, as detailed in a recent Federal Register publication. The proposed adjustments include the addition of fentanyl to ...
Canopy Growth Corp Expands into U.S. Cannabis Market
LOS ANGELES- Canopy Growth Corp, a Canada-based cannabis company, has secured approval from its shareholders to venture into the American cannabis market via its newly established subsidiary, Canopy USA. This strategic move involves a novel ...
Strategic Merger: Nature’s Miracle and Agrify Unite in Controlled Environment Agriculture
LOS ANGELES- Nature's Miracle Holding Inc., a vertical farming technology, has successfully completed its acquisition of Agrify Corporation, a provider of advanced cultivation and extraction solutions. This merger positions the combined entity at the forefront ...
North Carolina’s First Medical Cannabis Dispensary Opens
NEW YORK- North Carolina witnessed the opening of its first medical cannabis dispensary on April 20, a significant event as it marks the only legal, regulated, and safe sale of cannabis within the state. Located ...
Governor Pritzker Campaigns for Biden, Highlighting Cannabis Policy and Political Strategy
LOS ANGELES- Illinois Governor J.B. Pritzker campaigned for President Joe Biden in Grand Rapids, Michigan, using the occasion of the 420 cannabis holiday to discuss the economic benefits of cannabis legalization. Pritzker highlighted the positive ...
U.S. and State Legislators Address Diverse Cannabis-Related Issues
LOS ANGELES- Recent legislative developments across the United States reflect a broad spectrum of approaches to cannabis-related issues, from medical use and public safety to regulatory and expungement processes. These actions signify ongoing, nuanced dialogues ...
Kentucky to Initiate Medical Cannabis License Lottery
LOS ANGELES- In a significant step towards the establishment of its medical cannabis program, Kentucky Governor Andy Beshear announced plans for a lottery to allocate the state's initial medical cannabis business licenses. Scheduled for October, ...
New York to Strengthen Enforcement Against Illicit Cannabis Sales
LOS ANGELES- Governor Kathy Hochul, alongside New York City Mayor Eric Adams and other state officials, announced a comprehensive five-point plan to address the unlicensed cannabis market in New York. This announcement, made on Friday, ...
Uncertainty Looms Over Florida’s Cannabis Legalization Vote
LOS ANGELES- Florida is approaching a pivotal moment as it prepares to vote on the legalization of recreational cannabis in November. Current polling data suggests a tight race towards achieving the required 60% supermajority needed ...
Expansion of Cannabis Licensing Continues in New York
LOS ANGELES- New York State is progressing in its efforts to expand the cannabis industry, with the Cannabis Control Board (CCB) approving an additional 101 adult-use cannabis licenses, bringing the total for 2024 to 403. ...
Kentucky Advances Medical Cannabis Licensing Schedule
NEW YORK- Kentucky Governor Andy Beshear has signed House Bill 829 into law, accelerating the schedule for the state's medical cannabis licensing to July this year from the previously set January next year. This move ...
Massachusetts Dispenses Social Equity Grants to Cannabis Businesses
LOS ANGELES- Governor Maura Healey of Massachusetts has allocated grants amounting to $2,350,000 to 50 cannabis social equity companies across 28 communities, utilizing funds from the state's Cannabis Social Equity Trust Fund (CSETF). This initiative ...
Colorado Senate Passes Stringent Digital Content Bill on Cannabis and Other Substances
LOS ANGELES- The Colorado Senate recently approved SB24-158, legislation aimed at intensifying regulations on social media content concerning cannabis, psychedelics, and hemp products. This bill, met with a significant debate over free speech and the ...
Michigan Cannabis Sales Hit New Record in March 2024
LOS ANGELES- The Michigan Cannabis Regulatory Agency (CRA) announced a new record in adult-use cannabis sales for March 2024, totaling $286.8 million. This figure represents 99% of the state's cannabis sales, with flower products leading ...
Illinois Legislation Targets Ban on Intoxicating Hemp Products
LOS ANGELES- In a recent legislative move in Illinois, lawmakers have proposed a ban on intoxicating hemp products, including delta-8 THC. This initiative aligns with broader efforts to implement tighter controls on the hemp industry ...
North Dakota Seeks to Revive Adult-Use Cannabis Initiative for November Ballot
LOS ANGELES- In North Dakota, cannabis advocates are rallying to place an adult-use cannabis question on the ballot for the upcoming November general election. The initiative, led by former Bismarck mayor and current Burleigh County ...
Cannabis Legalization in North Carolina
LOS ANGELES- In North Carolina, the path to legalizing recreational cannabis remains uncertain, with recent legislative efforts failing to achieve the necessary bipartisan support. The state's cautious approach, especially the lack of Republican backing, highlights ...
