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Consumer Research2020-11-05T23:41:25-08:00

Consumer Research

Starmer Rules Out Cannabis Legalization in UK

LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...

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 ...

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 ...

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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), ...

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 ...

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, ...

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 ...

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 ...

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