Consumer Research
NY Cannabis Market Gains New Outdoor Sales Path
NEW YORK – New York Governor Kathy Hochul signed legislation ...
Q2 2026: The Quarter That Counted For Psychedelics
LOS ANGELES – Q2 2026 gave the psychedelic medicine sector ...
California’s Legal Cannabis Market Holds Steady at Midyear
LOS ANGELES – California's licensed retailers generated $323.1 million in ...
Nigeria Explores Regulated Cannabis for Medical and Economic Purposes
ABUJA – Nigeria's National Assembly is drafting legislation to legalize Cannabis for medical, pharmaceutical, and industrial use, marking the most significant federal-level push the country has seen on the issue to date. The proposed bill ...
Vireo Growth Expands into Organic Agribusiness with Bridgewell Acquisition
MINNEAPOLIS – Vireo Growth Inc., which operates cultivation, processing, and retail dispensaries across ten states, signed a letter of intent to purchase Bridgewell Agribusiness LLC from BWAB Holdings LLC. The base purchase price is set ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors received a mix of signals over the last fortnight: from regulatory delays and scientific breakthroughs to market consolidation and a wave of Q1 2026 earnings – all ...
Psilocybin Shows Promise for Those Ready to Break Free from Nicotine
BALTIMORE – Researchers at Johns Hopkins University have published findings from a pilot randomized clinical trial that points to potential advantages of psilocybin-assisted therapy over standard nicotine replacement for helping adults quit cigarettes. Published in ...
Hall of Flowers Relocates Northern California Event to Sacramento
LOS ANGELES – After eight years in Santa Rosa, the B2B Cannabis trade show Hall of Flowers is moving its Northern California event to the Cal Expo exhibition halls in Sacramento. The newly confirmed dates, ...
Vireo to Acquire FLUENT in All-Stock Deal
LOS ANGELES – Vireo Growth Inc. announced it has signed a definitive agreement to absorb FLUENT Corp. in an all-stock transaction, a deal that, if approved, would make Vireo the third-largest operator in medical-only Florida's ...
DEA Assigns Specific Schedule I Listing and Drug Code to HHC
WASHINGTON – The Drug Enforcement Administration (DEA) has issued a final rule that formally lists hexahydrocannabinol (HHC) as a Schedule I controlled substance with its own dedicated drug code. The notice, published in the Federal ...
Cannabis 3.0: Why the Next Phase of the Industry Will Be Built on Platforms, Not Products
NEW YORK- The Cannabis industry is entering a new phase of development. The first phase of the legal Cannabis market was defined by access. Cannabis 1.0 was about legalization, licensing, compliance, and the basic right ...
What’s in a Jar? For Cannabis Concentrate Brands, Quite a Lot
LOS ANGELES – The packaging debate in Cannabis manufacturing rarely makes headlines. But the choice between glass and plastic for concentrate products is one that shapes what a brand becomes and what it can prove. ...
UK Medical Cannabis H1 2025: The Market Still Running on Trust
LONDON – You won't find the echoes of this revolution in the National Health Service (NHS) waiting lists or General Practitioner (GP) surgeries. It lives instead in a constellation of private clinics spread across the ...
Vireo Goes on Shopping Spree Becoming a New Cannabis MSO
NEW YORK--Cannabis multistate operator (MSO) Vireo Growth has taken a significant leap forward by securing $75 million in equity financing and acquiring four companies, including three single-state operators and a delivery and analytics platform. This ...
Federally Funded Survey: Cannabis Use By Teens Hits Historic Low
WASHINGTON, D.C- (NORML) Federally funded survey data provided by the University of Michigan reports that teen marijuana use has declined significantly over the past decade and is now at historic lows. Consistent with data previously reported by the Centers ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
Tennessee Judge to Rule on Hemp Product Regulations by December 24
LOS ANGELES- A Davidson County Chancery Court judge is expected to decide by December 24, 2024, on a request to block new state regulations affecting hemp-derived products in Tennessee. The Tennessee Department of Agriculture (TDA) ...
What You Need to Know When Planning Cannabis Tax Strategies for 2025
NEW YORK--Every CFO needs to know that Section 280E of the Internal Revenue Code (IRC) presents a significant challenge for cannabis businesses operating in the United States. This provision, enacted in 1982, was originally designed ...
How Cannabis Companies Can Raise Capital in a Challenging Environment
NEW YORK-The cannabis industry has seen impressive growth over the last decade, but the landscape has become more challenging as businesses face regulatory hurdles, tax burdens, and market saturation. Despite these obstacles, cannabis companies can ...
Canopy Growth Finalizes Acquisition of Acreage Holdings
LOS ANGELES- Canopy Growth Corporation, a Canadian cannabis company, has completed its acquisition of Acreage Holdings through its U.S. subsidiary, Canopy USA, LLC. This transaction grants Canopy USA full ownership of Acreage Holdings, a multi-state ...
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
Wisconsin Senate Minority Leader Proposes Medical Cannabis Legalization for 2025
LOS ANGELES- Senate Minority Leader Melissa Agard (D-Madison) has announced plans to introduce legislation to legalize medical cannabis in Wisconsin during the 2025 legislative session. This initiative builds upon previous efforts that have encountered resistance ...
Cannabis Business: A Month-by-Month Year in Review for 2024
LOS ANGELES- Wow...2024 flew by but left a lot of casualties as the emerging market of cannabis, continues its emergence in 2024. Here's what went down in case you were away from your desk: January ...
Brownie Mary: The Unlikely Heroine of Cannabis Advocacy
SAN FRANCISCO–In the quiet streets of San Francisco during the 1970s, an unassuming elderly woman with frizzy hair and a grandmotherly smile quietly built a legacy that would forever change the trajectory of cannabis legalization ...
Japan Enacts Stricter Cannabis Laws with Severe Penalties
LOS ANGELES- Japan has recently implemented stringent measures against cannabis use, introducing penalties of up to seven years in prison for consumption. Previously, while possession and cultivation were illegal, personal use was not explicitly prohibited. ...
Psychedelics Show Promise in Alleviating End-of-Life Psychological Distress
LOS ANGELES- Recent studies indicate that psychedelics, particularly psilocybin, may help reduce depression, anxiety, and existential distress in patients with terminal illnesses. A systematic review published in Psychopharmacology analyzed data from various studies and found ...
Medical Cannabis Set to Launch in Ukraine in Early 2025
KYIV- After Ukraine legalized cannabis for medical use earlier this year, a key lawmaker announced that the first cannabis-based medicines could be available as early as next month. Olga Stefanishyna, a member of Ukraine’s parliament ...
NEW: Comprehensive List of Cannabis Events in 2025
LOS ANGELES - The cannabis industry is alive with opportunity and collaboration in 2025. These events serve as critical platforms for education, networking, and driving business success. Whether you're a veteran in the industry or ...
Week In Review: Cross-currents in Cannabis and Psychedelics: Legal Momentum, Market Shakeups, and Policy Flashpoints Define the Week
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Organigram Expands U.S. Market; The Senator Who Legalized Consumable Hemp Now Wants to Ban It; Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Cronos Expands Medical Cannabis Presence in Switzerland; Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth; iAnthus Reports Unanimous Approval at Annual General Meeting; Mike Tyson Urges Trump to Act on Cannabis Reform
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
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 cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Aurora Cannabis Denies Acquisition of MedLeaf Therapeutics; Canadian Cannabis Producers Expand Exports; Method Man and Zamnesia Partner to Launch Eight TICAL Cannabis Seeds in U.S. and Europe
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
DEA Judge Sets Schedule for Cannabis Rescheduling Testimony
WASHINGTON, D.C.–The debate over cannabis' federal classification is set to intensify as the DEA prepares for pivotal hearings on its status under the Controlled Substances Act. DEA Administrative Law Judge John Mulrooney has announced that ...
Week In Review: North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market; ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis; Massachusetts House Approves Cannabis Oversight Reform Bill; Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Note; FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
