Consumer Research
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known ...
Conservative Think Tank Advocates Federal Cannabis Labeling Standards to Address State Disparities
WASHINGTON – A prominent conservative policy group has called for ...
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 ...
FinCEN Reveals Steady Banking Access for Cannabis Businesses Despite Persistent Federal Barriers
WASHINGTON – A recent report from the Financial Crimes Enforcement Network shows that 816 banks and 182 credit unions filed suspicious activity reports (SARs) related to Cannabis businesses through the end of 2024, signaling stable ...
Texas Regulators Set Age Limit on Hemp-Derived THC Sales
AUSTIN – The Texas Alcoholic Beverage Commission (TABC) voted unanimously on Tuesday to bar liquor-license holders from selling hemp-derived THC products to customers under 21, marking the state's initial response to Governor Greg Abbott's call ...
High Tide Expands Canna Cabana Footprint in Ontario and Alberta
CALGARY – High Tide, Inc. announced plans to open three new Canna Cabana stores in the coming weeks, adding dispensaries in North York and Etobicoke, Ontario, and Fort McMurray, Alberta. The move pushes the company's ...
Porter’s Five Forces Unpack Cannabis Sector Pressures: Insights for 2025 Investors
LOS ANGELES – The boards of multi-state operators and decision-makers orchestrating Cannabis deals, investors and analysts, the experts behind cultivation ops in emerging markets and the multilevel executives in our industry often turn to a ...
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 ...
California Bill Proposes Psilocybin Therapy Pilot Program for Veterans and First Responders
LOS ANGELES- A psilocybin therapy bill introduced by California Senators Brian W. Jones and Josh Becker on June 6 seeks to establish a three-year pilot program for military veterans and first responders. Senate Bill 803, ...
Vermont Cannabis Sales Reach $10.94 Million in April
LOS ANGELES- According to the Vermont Department of Taxes, legal cannabis sales in April totaled $10.94 million, contributing to a yearly total of approximately $45 million. Cannabis sales generated $1.53 million in tax revenue for ...
Mary Jane Berlin 2024: Epicenter of European Cannabis Culture and Innovation
BERLIN—This week, Berlin is hosting one of the most anticipated events in the cannabis industry: Mary Jane Berlin. From June 14 to June 16, the sprawling Arena Berlin will transform into a vibrant hub for ...
Ohio’s Cannabis Law Faces Varied Municipal Responses
LOS ANGELES- Ohio's cannabis law permits individuals aged 21 and older to possess up to 2.5 ounces of cannabis and up to 15 grams of cannabis concentrates. Additionally, residents can cultivate up to six cannabis ...
Eastern Band of Cherokee Indians Approve Recreational Cannabis Sales
LOS ANGELES- Recreational cannabis may soon become a reality in North Carolina following a decision by the Eastern Band of Cherokee Indians (EBCI). This move could significantly transform the state’s cannabis landscape. While North Carolina ...
Vermont Cannabis Bill H.612 Passes Without Governor’s Signature
LOS ANGELES- Vermont Governor Phil Scott allowed cannabis bill H.612 to become law without his signature, marking significant regulatory changes to the state's cannabis landscape. The bill, which aims to improve regulations surrounding cannabis and ...
Optimi Health Corp. Announces Major Milestones in International Psychedelic Supply Operations
LOS ANGELES- Optimi Health Corp, a Health Canada licensed GMP psychedelics pharmaceutical manufacturer specializing in controlled substances such as botanical psilocybin and MDMA, has announced several significant milestones in its international psychedelic supply operations and ...
Agrify Strengthens Financial Position with Key Debt Conversions
Agrify, a provider of indoor agriculture technology and solutions, has strengthened its financial standing through significant debt conversions by key entities controlled by its top executives. This strategic move enables the company to retain its ...
Mississippi Expands Medical Cannabis Program and Research Capabilities
LOS ANGELES- In 2022, Mississippi passed a restrictive medical cannabis program. Two new bills aimed at enhancing patient access to cannabis care and expanding research capabilities will take effect on July 1. Senate Bill 2857: ...
New Hampshire Lawmakers Near Compromise on Adult-Use Cannabis Legalization
LOS ANGELES- New Hampshire lawmakers in the House and Senate are reportedly close to reaching a compromise on a cannabis legalization bill, according to the New Hampshire Bulletin. With the legislative session ending on Thursday, ...
Proposed Amendments to Cannabis Law in Canada Aim to Ease Regulatory Burden
LOS ANGELES- The Canadian government has proposed a series of amendments to federal cannabis regulations to alleviate some of the regulatory burdens faced by producers and distribution companies. These changes aim to streamline processes ranging ...
Nebraska Advocates Push for Medical Cannabis Initiative Signatures
LOS ANGELES- Nebraskan advocates are urgently working to collect signatures for their medical cannabis initiative to be included on this year’s ballot. The advocacy group Nebraska for Medical Marijuana (NMM) is appealing to supporters to ...
Florida Governor Vetoes Hemp Regulations Package
NEW YORK- Florida Governor Ron DeSantis vetoed a legislative package aimed at banning products containing hemp-derived delta-8 THC and other intoxicating cannabinoids, according to CBS News. The vetoed legislation, Senate Bill 1698, sought to regulate ...
Michigan Surpasses California in Legal Cannabis Sales
LOS ANGELES- In an unexpected development within the cannabis industry, Michigan has overtaken California in the number of legal cannabis products sold. This shift, initially reported by SF Gate, marks a significant change in market ...
THCA Hemp Flower Prices Maintain Parity with Cannabis in Several States
LOS ANGELES- A new report by Hemp Benchmarks, shared with Green Market Report, indicates that wholesale prices for THCA hemp flower have maintained parity with cannabis in several regulated adult-use state markets, positioning it as ...
Michigan Surpasses California in Monthly Cannabis Sales for First Time
LOS ANGELES- Michigan sold more cannabis products in March this year than any other state, surpassing California for the first time in monthly sales, according to BDSA data outlined in an SF Gate report. Michigan ...
Rhode Island Launches Free Cannabis Industry Training Program
LOS ANGELES- The Rhode Island Department of Labor, in collaboration with the Community College of Rhode Island (CCRI), will offer a free cannabis training program to a select group of students. This initiative aims to ...
California Reinvests Cannabis Tax Revenue to Support Communities
LOS ANGELES- The California Community Reinvestment Grants (CalCRG) Program has announced over $45 million in grants for Fiscal Year 2023-24, aiming to uplift communities impacted by the War on Drugs. This initiative represents a significant ...
South Dakota Adult-Use Cannabis Initiative to Appear on 2024 Ballot
NEW YORK- South Dakota voters will have another opportunity to decide on the legalization of adult-use cannabis. Initiated Measure 29, which aims to legalize the recreational use, possession, and distribution of cannabis, will be on ...
Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion
LOS ANGELES- Canadian cannabis company Canopy Growth has agreed to acquire all issued and outstanding Class E shares of Acreage Holdings, a U.S.-based multistate cannabis operator. This acquisition is part of Canopy's broader strategy to ...
Vermont Medical Cannabis Patient Appeals Denial of Unemployment Benefits to State Supreme Court
LOS ANGELES- A Vermont man is appealing the denial of a portion of his unemployment benefits to the state Supreme Court after being terminated from his job for using medical cannabis. Ivo Skoric, 59, who ...
House Approves Amendments to Authorize Medical Cannabis Recommendations for Veterans and Support Psychedelics Research
LOS ANGELES- The U.S. House of Representatives has approved amendments to a significant spending bill, enabling Department of Veterans Affairs (VA) doctors to issue medical cannabis recommendations to military veterans and support research into psychedelics. ...
DEA Proposal to Reclassify Cannabis Generates Strong Public Response
LOS ANGELES- Following the submission of a proposal by the Drug Enforcement Administration (DEA) on May 21, a 60-day public comment period was initiated, set to conclude on July 22. In the first 15 days, ...
Beckley Psytech Launches Study on Neurophysiological Effects of Synthetic 5-MeO-DMT
LOS ANGELES- Beckley Psytech, a private psychedelics medicine company, announced on Monday the commencement of a new research study investigating the neurophysiological effects of BPL-003, its novel synthetic intranasal formulation of 5-MeO-DMT, on the human ...
CannMed24 Event Review: 12 Things You Missed at CannMed 24
NEW YORK-CannMed 24 has set a new benchmark in the cannabis industry, offering unparalleled insights, networking opportunities, and a unique experience. Here are a dozen highlights certain to stir up a whole bunch of FOMO ...
