Consumer Research
Virginia Panel Outlines Path to Regulated Cannabis Sales in 2026
RICHMOND – Members of Virginia's Joint Commission to Oversee the ...
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with ...
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of ...
Oregon Invites Input on Psilocybin Service Center Regulations Through New Advisory Panel
SALEM – State health officials in Oregon are seeking participants for a rules advisory committee that will shape permanent guidelines on the temporary use of licensed Psilocybin Service Centers, as applications close in less than ...
California Enacts Law Requiring Intoxicating Hemp Sales Through Licensed Cannabis Outlets
LOS ANGELES – Governor Gavin Newsom signed Assembly Bill 8 into law on Thursday, directing intoxicating hemp-derived products into California's tightly controlled Cannabis distribution system and barring their sale elsewhere. The measure addresses gaps in ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
LOS ANGELES- In a highly regulated and competitive industry like cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
LSD Shows Promise in Prolonged Reduction of Anxiety Symptoms
LOS ANGELES – A recent study published in the Journal of the American Medical Association (JAMA) on September 4, suggests that a single dose of lysergic acid diethylamide (LSD) may significantly reduce symptoms of generalized ...
Cannabis MSOs Face Manageable 2026 Debt Maturities, Viridian Analysis Shows
LOS ANGELES – Major Cannabis operators are navigating a once-daunting wave of debt due in 2026 with greater ease than anticipated, according to a recent chart from Viridian Capital Advisors. The analysis examines cash sources ...
The Scrappy Cannabis Retailer’s Playbook
LOS ANGELES- A Practical Guide to Building a Smarter Marketing System by Tim Naughton. The Cannabis retail landscape is competitive, taxed heavily, and increasingly crowded by new entrants including Hemp and THCA brands selling direct ...
NY OCM Shifts to Metrc for Inventory Tracking
NEW YORK – New York's Office of Cannabis Management (OCM) has decided to replace BioTrack and announced transition to Metrc as the state's official seed-to-sale tracking system, following a review prompted by a corporate deal ...
Ex-Curaleaf Executive Files Suit Alleging Ignored Warnings on Inventory Shortfalls at Illinois Facility
LOS ANGELES – A former compliance director for Curaleaf Holdings Inc. has filed a federal lawsuit accusing the Cannabis MSO of overlooking repeated alerts about missing inventory and unlicensed pesticide applications at its Illinois cultivation ...
Alcohol Trade Group Welcomes Hemp-Derived THC Beverage Maker as First in Category
WASHINGTON – The Wine & Spirits Wholesalers of America (WSWA), a key advocacy organization for the beverage alcohol distribution sector, has accepted CannaBuzz, a Kentucky-based producer of hemp-derived THC drinks, as its inaugural associate member ...
Verano Secures $75M Credit Agreement
CHICAGO – Verano Holdings Corp. has finalized a $75 million revolving credit facility, drawing $50 million immediately to pay down higher-cost debt and leaving $25 million on tap for future needs. The deal, arranged by ...
10th Annual CWCBExpo Returns to New York, June 5 & 6 with Expanded Show Experiences, Education, and Networking Opportunities
NEW YORK—The leading East Coast cannabis conference and trade show, CWCBExpo, returns to the Javits Convention Center, June 5-6, 2024 with immersive exhibit floor experiences, top education as well as plenty of business building opportunities ...
Cansortium and RIV Capital to Merge, Expanding Cannabis Footprint Across Four States
LOS ANGELES- Cansortium, a Florida-based vertically integrated cannabis operator, is set to merge with RIV Capital, operator of the Etain Health cannabis brand in New York. Under the merger terms, Cansortium will acquire all issued ...
Missouri Allocates $19 Million in Cannabis Tax Revenue to Veterans, Treatment Programs, and Public Defense
LOS ANGELES- Missouri's cannabis tax revenue has generated over $19 million, which has been allocated to support military veterans, expand substance use treatment programs, and fund the state's Public Defenders System, according to the Missouri ...
Numinus Wellness Inc. Selected for Cybin’s Phase 3 Trial on Depression Treatment
NEW YORK- Numinus Wellness Inc. announced that its research site, Cedar Clinical Research (CCR), has been chosen for Cybin's Phase 3 clinical trial of CYB003, aimed at treating Major Depressive Disorder (MDD). This selection highlights ...
Canopy Growth Reports Q4 and Fiscal Year 2024 Financial Results
LOS ANGELES- Canopy Growth Corp. announced its financial results for the fourth quarter and fiscal year ending March 31, 2024, indicating progress in alleviating financial pressures faced in 2023. Q4 and Full-Year Financial Performance In ...
Scotts Miracle-Gro’s RIV Capital to Merge with Cansortium in Cannabis Tie-Up
MIAMI- In a strategic move to consolidate and strengthen their positions in the cannabis industry, Florida-based Cansortium Inc. has announced an all-stock merger with RIV Capital Inc., a company backed by Scotts Miracle-Gro Co. The merger ...
Study Finds Cannabis Sativa Oil Enhances Social Interaction via Oxytocin Pathway
NEW YORK- A study titled "Cannabis Sativa Oil Promotes Social Interaction and Ultrasonic Communication by Acting on Oxytocin Pathway" has been published in the journal Cannabis and Cannabinoid Research, and made available online by the ...
Tennessee Hemp Seizure Raises Questions About Drug Law Enforcement
NEW YORK- A recent legal dispute has highlighted significant issues in the enforcement of drug laws, centering on the seizure of over $1 million worth of legal hemp products. This incident has sparked a debate ...
Michigan’s Cannabis Market Thrives Amid Legalization Trends
LOS ANGELES- The cannabis industry in Michigan has experienced significant growth, with both recreational and medical cannabis sales reaching notable figures in recent months. This surge reflects broader trends in the legalization and consumption of ...
Atlanta City Council Considers Psychedelic Therapies for Employee Healthcare
LOS ANGELES- A proposal from an Atlanta City Council member is under consideration, aiming to include coverage for psilocybin and ketamine as mental health treatments in the city's healthcare plan for firefighters, police, and other ...
VA Prepares for Potential Deployment of Psychedelic Treatments for PTSD
LOS ANGELES- The U.S. Department of Veterans Affairs (VA) is strategizing the rapid deployment of psychedelic treatments for mental health disorders, should such therapies receive FDA approval. A planning document, reportedly reviewed by The Intercept, ...
California Advocates Consider 2026 Ballot Measure for Psychedelics Reform
Following the recent failure of a state bid to legalize psychedelic treatment centers, California advocates are considering a state ballot measure to address psychedelics reform in 2026, according to a report by KQED. State Senator ...
Minnesota Prepares for Cannabis Market with New Legislation
LOS ANGELES- Minnesota will allow some commercial cultivators to begin growing cannabis later this year in preparation for the state's upcoming retail market. The state will award cannabis business licenses through a vetted lottery system ...
Texas Poll Shows Majority Support for Cannabis Legalization
LOS ANGELES- A statewide poll in Texas has revealed that six out of 10 adults support legalizing cannabis, marking the first time the poll has shown a solid majority. The Texas Lyceum Poll, now in ...
Martha’s Vineyard Dispensary Sues for Cannabis Transport Rights
LOS ANGELES- A dispensary in Martha’s Vineyard, Massachusetts, has filed a lawsuit against the state Cannabis Control Commission (CCC) over rules prohibiting the transport of cannabis products by boat across the Vineyard Sound. The lawsuit, ...
Hemp THC Products Face Potential Ban Under Farm Bill Amendment
LOS ANGELES- An amendment to the House version of the Farm Bill aims to ban the sale of hemp-derived delta-8 THC and other intoxicating hemp products. Proposed by Illinois Republican Rep. Mary Miller, the amendment ...
New York Imposes $15.2 Million Fine on Owner of Unlicensed Cannabis Shops
NEW YORK- The owner of seven unlicensed cannabis shops in New York has been fined $15.2 million for operating without a license, ignoring multiple official notices, and selling cannabis to underage customers. New York Attorney ...
Louisiana Senate Bill Could Shift Medical Cannabis Cultivation to Private Sector
LOS ANGELES- If signed into law, Senate Bill 228 will allow private contractors to replace Louisiana State University (LSU) and Southern University (SU) in the cultivation of medical cannabis, ending their unique role in this ...
Federal Move to Reclassify Cannabis: A Potential Game-Changer for U.S. Drug Policy
LOS ANGELES- The federal landscape surrounding cannabis usage in the United States is on the cusp of a historic transformation. The recent proposal to reclassify cannabis from a Schedule 1 controlled substance to a Schedule ...
New York Bill Seeks to Legalize Psilocybin Service Centers
LOS ANGELES- New York legislation Assembly Bill 10375, introduced by Assembly Health Committee Chair Amy Paulin, aims to legalize psilocybin service centers. If passed, the bill would create a regulatory framework for licensing these centers ...
Iowa Governor Signs Bill Imposing THC Caps on Hemp-Derived Products
LOS ANGELES- Iowa Governor Kim Reynolds has signed a new bill that imposes strict THC caps on cannabinoid-infused hemp products, significantly impacting the industry. The law, effective July 1, limits THC content to 4 milligrams ...
Daily Cannabis Use Surpasses Daily Alcohol Consumption in the U.S.
LOS ANGELES- Recent analysis of national survey data reveals that more Americans now admit to daily cannabis use than to daily alcohol consumption. Published in the journal Addiction, the research found that in 2022, approximately ...
House Armed Services Committee Approves NDAA with Provision on Cannabis Testing for Military Recruits
LOS ANGELES- The House Armed Services Committee has approved the 2025 National Defense Authorization Act (NDAA), a comprehensive defense bill crucial for funding national defense and military operations. A significant provision within the bill prohibits ...
Massachusetts Cannabis Dispensaries File Suit Over Shipping Restrictions
LOS ANGELES- Two cannabis dispensaries in Massachusetts, Island Time on Martha’s Vineyard and The Green Lady Dispensary on Nantucket Island, have filed a lawsuit against state regulators. The suit challenges restrictions that prevent them from ...
California Senate Halts Psychedelic-Assisted Therapy Bill
LOS ANGELES- In a significant setback for advocates of psychedelic-assisted therapy, California's proposal to legalize treatment centers for supervised access to substances like psilocybin and MDMA has been halted. The Senate Appropriations Committee dropped Senate ...
