Consumer Research
BLAZE Rolls Out AI Connector for Cannabis Dispensaries
ANAHEIM – Cannabis retail software provider BLAZE has introduced a ...
Aurora Hits Curaleaf with Regulatory Complaint Over Hostile Bid
EDMONTON – Aurora Cannabis Inc. filed an application with the ...
RIOCOCO Opens Its Largest Single Production Site in Sri Lanka
KATUPOTHA – RIOCOCO, one of the world's leading manufacturers of ...
Trulieve Earns Its Spot on the S&P Indices
TALLAHASSEE – Trulieve Cannabis Corp. announced that S&P Dow Jones Indices had added the company to the S&P Total Market Index, the S&P Completion Index, and their respective health care sub-indices – S&P TMI Health Care and ...
GTI Bets on Its Own Stock, Again
CHICAGO – Green Thumb Industries Inc. announced that its board of directors had authorized a $50 million share repurchase program – the company's third consecutive buyback initiative since 2023. Under the new program, Green Thumb ...
Vireo Growth Completes M3 Wellness Acquisition
MINNEAPOLIS – Vireo Growth Inc. announced the completion of its acquisition of M3 Wellness, a retail Cannabis dispensary in Hawthorne, NV. Structured as an indirect asset purchase from M3 Wellness, LLC under an agreement signed ...
TerrAscend Closes Acquisition of Aunt Mary’s in NJ
TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received an unsolicited $18 million cash purchase offer for substantially all of its assets from Ontario licensed producer Medical Saints Ltd. setting up a competing transaction ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming guidance for sequential growth in net revenue and adjusted EBITDA in fiscal Q2 2027. The company cited the integration of Safari Flower Company and continued ...
Aurora and Curaleaf Trade Statements in Ongoing Bid Dispute
EDMONTON - STAMFORD – Aurora Cannabis and Curaleaf Holdings continued their public exchange over Curaleaf’s unsolicited takeover offer for the Canadian medical Cannabis company. Aurora issued a statement responding to Curaleaf’s regulatory filing, while Curaleaf ...
Xylo Bio Advances Its Lead Into First-In-Human Clinical Trial
BOSTON – Xylo Bio confirmed that the first participants have been dosed in a Phase 1 clinical trial of XYL-1001, the company's lead drug candidate targeting major depressive disorder (MDD). The trial is underway in ...
TerrAscend Closes Acquisition of Aunt Mary’s in NJ
TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received an unsolicited $18 million cash purchase offer for substantially all of its assets from Ontario licensed producer Medical Saints Ltd. setting up a competing transaction ...
California’s Legal Cannabis Market Holds Steady at Midyear
LOS ANGELES – California's licensed retailers generated $323.1 million in Cannabis sales in June, pushing the state's first-half total to nearly $1.95 billion. The June figure landed almost exactly in line with the roughly $322 ...
High Tide Tightens Ownership Guardrails with New Two-Part Rights Plan
CALGARY – High Tide Inc. announced that its board of directors approved a Temporary Shareholder Rights Plan and an Amended and Restated Shareholder Rights Plan, both executed with Olympia Trust Company as Rights Agent, dated ...
Splash Beverage Group Takes Global License on CannEpil, Targeting Drug-Resistant Epilepsy
FORT LAUDERDALE – Splash Beverage Group Inc. announced it has secured an exclusive worldwide license to CannEpil®, a cannabinoid-based investigational treatment for drug-resistant epilepsy (DRE), through an agreement with Argent BioPharma Limited, the Australian-listed clinical-stage ...
Legal Cannabis Generates Billions, Reaches New Highs Across Key States
LOS ANGELES - When Colorado and Washington launched the first legal adult-use Cannabis markets in January 2014, the debate was primarily about public safety and social policy. Twelve years later, the fiscal argument has taken ...
Cannabis Retailers Face Engagement Gap in Loyalty Programs
LOS ANGELES – A new report published by Sweed, a tech company that provides an all-in-one software ecosystem for Cannabis dispensaries, draws on Q1 2026 data from 2.1 million shoppers and $452.5 million in retail ...
Virginia Lawmakers Enact Plan for Legal Cannabis Sales
RICHMOND – The Virginia Senate and House of Delegates gave final approval Monday to a budget bill that legalizes recreational Cannabis sales. Lawmakers adopted Gov. Abigail Spanberger's proposed amendments in full, meaning the measure is ...
Tilray Acquires HelloMD to Build Out Canadian Medical Cannabis Network
NEW YORK – Tilray Brands Inc. has agreed to acquire HelloMD Corporation’s Canadian medical Cannabis assets, in a deal the companies say will build a fully vertically integrated medical Cannabis structure in Canada and add ...
DEA Opens Hearing on Adult-Use Cannabis Federal Schedule III Status
ARLINGTON – The Drug Enforcement Administration began hearings Monday on a proposal to reclassify Cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), a proceeding officials and advocates on both sides ...
Helus Pharma Advances Phase 3 Trial for Novel Therapy in MDD
NEW YORK – Helus Pharma, the business name now used by Cybin Inc., announced that enrollment in its APPROACH Phase 3 trial has passed the 86% mark. The trial is testing HLP003, the company's lead ...
Hemp THC Beverages Return to Ohio Shelves
CLEVELAND – Hemp-derived THC drinks are back on a limited number of Ohio shelves after U.S. District Judge Jeffrey Helmick temporarily blocked the state from enforcing its newest hemp licensing law against a group of ...
Georgia Expands Access to Medical Cannabis
ATLANTA – A revised medical Cannabis law takes effect in Georgia on Wednesday, broadening the conditions that qualify patients for legal access and permitting vaporization as an approved method of use for the first time. ...
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
Delaware Moves to Regulate THC-Infused Beverages
DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee advanced House Bill 373, sending the measure to the Senate Finance Committee and bringing it a step closer to a full Senate vote. The action ...
AMASS Invests in Hemp-Derived THC Beverage Brand Afterdream
LOS ANGELES – AMASS Brands Group, a California-based multi-category beverage platform, has entered into a Simple Agreement for Future Equity (SAFE) in Afterdream, a hemp-derived THC beverage brand. The agreement grants AMASS the right to ...
Nebraska Takes First Step Toward State-Grown Medical Cannabis Supply
LINCOLN – Nebraska’s medical Cannabis program, approved by voters in 2024, has reached a notable early milestone. State regulators recently authorized the first licensed cultivator to begin planting, marking concrete progress in building a regulated ...
Ora Pharm Completes Helius Acquisition, Becomes New Zealand’s Largest Medical Cannabis Company
AUCKLAND – Ora Pharm has completed the acquisition of the key assets of Helius Therapeutics and restarted manufacturing operations. The agreement covers Helius's EU-GMP-certified production plant, its remaining inventory, and its operating licenses, though it ...
Glass House Brands Triggers Warrant Acceleration
LONG BEACH – Glass House Brands Inc., a major player in California Cannabis production and retail, has told holders of warrants issued in two earlier financing rounds that their right to convert those securities into ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Two weeks of headlines confirm a market sorting itself by balance sheet rather than by ambition. Cannabis is consolidating into a smaller circle of disciplined operators, while psychedelics graduate from pilot programs ...
Virginia Lawmakers Send Cannabis Retail Framework to Governor’s Desk
RICHMOND – The Virginia General Assembly approved budget language that sets the terms for a regulated adult-use Сannabis market, sending the measure to Gov. Abigail Spanberger after a year of stalled bills and one rejected ...
Definium Clears Phase 3 Trial for its LSD-Based Depression Treatment
NEW YORK – Definium Therapeutics Inc. announced positive topline data from its Phase 3 Emerge study evaluating DT120, an orally disintegrating tablet (ODT) formulation of pharmaceutical LSD, in adults with major depressive disorder (MDD). The ...
Vireo Growth Finalizes Equity Stake in Two Maryland Dispensaries
MINNEAPOLIS – Vireo Growth Inc. announced that it has completed the acquisition of an indirect 49% equity interest in HA-MD, LLC, the entity that owns Chesapeake Integrated Health Institute and Maryland Alternative Relief, two licensed ...
Khalifa Kush Enters Australia Through Endoca Distribution Deal
LOS ANGELES – Khalifa Kush, the Cannabis brand founded by rapper Wiz Khalifa, has struck a distribution agreement with Australian medicinal Cannabis company Endoca to bring its flower, edibles and vape cartridges to patients across ...
