Consumer Research
Medicare Explores CBD Coverage for Seniors
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) ...
MariMed Steps Away from Missouri Operations
NORWOOD – In a sharp turn from expansion plans, MariMed ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Aurora Launches Whistler Brand in Australia
EDMONTON – Aurora Cannabis Inc. announced the introduction of its Whistler Cannabis Co. brand to the Australian market, marking a significant step in its international expansion strategy. The launch brings two high-potency cultivars, Ginger Breath ...
BREAKING: Trump Signals Possible Cannabis Reclassification Within Weeks
LOS ANGELES- President Donald Trump said Monday that his administration is actively considering shifting Cannabis to a lower-risk category under federal law — a move that could have sweeping implications for the industry. Speaking at ...
Snoop Dogg’s Death Row Cannabis Enters Ohio Market
COLUMBUS – Death Row Records Cannabis, the Cannabis brand launched by rapper and entrepreneur Calvin Cordozar Broadus Jr., commonly known as Snoop Dogg, has expanded into Ohio through a partnership with Pure Ohio Wellness. This ...
Trump Considers Shift in Federal Cannabis Rescheduling
LOS ANGELES – President Donald Trump is exploring a move to reclassify Cannabis from Schedule I to Schedule III under federal law, according to a report from The Wall Street Journal. The potential policy shift, ...
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 ...
Ohio Cannabis Market Faces Challenges Amid Optimism for Adult-Use Expansion
LOS ANGELES- Ohio's medical cannabis market, one of the nation's most strictly regulated, showed signs of plateauing in 2023, with an increase of just 1.2% in annual sales compared to the previous year. This marks ...
New Jersey Moves Forward with Cannabis Consumption Lounge Regulations
LOS ANGELES- The New Jersey Cannabis Regulatory Commission (CRC) is taking significant strides in the realm of cannabis consumption with the unanimous approval of regulations for consumption lounges, a pivotal development in the state's cannabis ...
Revive Therapeutics Announces $3 Million Private Placement for Clinical and Operational Advancements
Revive Therapeutics Ltd. a prominent player in the biopharmaceutical sector, has recently announced its plan to initiate a significant private placement to fuel its ongoing and future projects. This strategic move, aimed at garnering up ...
Indiana Residents Lean Toward Cannabis Legalization, New Poll Indicates
LOS ANGELES- As Indiana's legislators convene for a new session, the topic of cannabis legalization takes a prominent place in the agenda, bolstered by recent findings from the 2023 Hoosier Survey. Conducted by the Bowen ...
Study: Medical Cannabis Associated With Symptom Improvements In Patients With Major Depressive Disorder
ESSEN, Germany- A new study published in The Journal of Pharmacopsychiatry, reveals a link between the use of medical cannabis products and decreased levels of depression. German researchers investigated the use of medical cannabis in ...
Red Light Holland Advances in Psilocybin Microdosing Capsules for Australasian Market
NEW YORK – Red Light Holland Corp., a leader in the production and distribution of functional mushrooms and psilocybin truffles, has announced significant progress in the development and distribution of its natural psilocybin microdosing capsules. ...
Governor Hochul’s Budget Proposes Key Changes in Cannabis Taxation and Enforcement
NEW YORK– In a significant move towards reforming cannabis policy in New York, Governor Kathy Hochul has introduced pivotal elements in her Fiscal Year 2025 budget that could reshape the landscape of the cannabis industry ...
AlphaFold: AI’s Role in the Future of Psychedelic Drug Development
LOS ANGELES- In the realm of pharmaceutical research, a groundbreaking approach is being adopted in the United Kingdom, where researchers are utilizing AlphaFold, an advanced artificial intelligence tool, to develop new psychedelic drugs potentially useful ...
Michigan’s Cannabis Industry: Balancing Growth and Regulation in a Booming Market
LOS ANGELES- Michigan's cannabis market has witnessed a remarkable surge, with adult-use and medical cannabis sales reaching a staggering $3.6 billion in 2023. This growth represents a 30% increase from the previous year, surpassing the ...
Pioneering the Future of Concussion Management: NFL and University of Regina Partner in Groundbreaking CBD Study
LOS ANGELES- In an era where concussion management is a paramount concern in sports, a revolutionary collaboration between the National Football League (NFL) and the University of Regina is making headlines. The partnership, aimed at ...
FDA’s ‘Breakthrough’ Nod to MM120, An LSD-Derivative, for Anxiety Relief
LOS ANGELES- In a significant development within the field of psychedelic therapy, the Food and Drug Administration (FDA) has recognized the LSD-analog substance MM120, also known as lysergide d-tartrate, with a 'breakthrough therapy' designation for ...
Missouri’s Monumental Task: Expunging 103,558 Cannabis Cases Amid Challenges
LOS ANGELES — In a significant undertaking following the legalization of adult-use cannabis in Missouri, county clerks are rigorously working through an extensive backlog of paper records to identify and expunge cannabis-related convictions. The process, ...
New York Gov. Hochul’s Budget Proposes Shift from Potency to Weight-Based Cannabis Tax
NEW YORK— In a significant move to streamline taxation in the burgeoning cannabis industry, New York Governor Kathy Hochul’s proposed budget for fiscal year 2025 outlines a shift from the current potency-based tax to a ...
California’s Fiscal Challenge: Balancing Budget Deficit with Cannabis Tax Revenue Reallocation
LOS ANGELES- In the face of a significant $37.9 billion budget deficit, California Governor Gavin Newsom has proposed a contentious plan to reallocate funds from the state's cannabis tax revenue. This move has ignited debate ...
Unpacking the Impact: CDTFA’s Strain on California’s Cannabis Industry, Recent Developments, and Industry Advocacy
LOS ANGELES–California, a trailblazer in the legalization of recreational cannabis, has faced challenges as the industry seeks to establish itself and cannabis companies in California make great efforts to flourish within the state. The California ...
Oregon Lawmakers Debate Reversing Drug Decriminalization
LOS ANGELES- In a significant shift in drug policy discussions, Oregon lawmakers from both major political parties are considering proposals to reverse aspects of the state's drug decriminalization, a move that has sparked debate and ...
MedMen Enterprises Inc.: A Tale of Decline in the Cannabis Industry
LOS ANGELES- MedMen Enterprises Inc. a player in the cannabis industry, now faces a precarious future as its stock price plummets. Recent developments have seen the company's stock fall to negligible values, with Green Market ...
Clearmind Medicine Inc. Regains Compliance with Nasdaq Listing Requirements
Clearmind Medicine Inc. a biotech company in the field of psychedelic-derived therapeutics, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company, known for its innovative approach to addressing major health challenges, received ...
North Carolina Appeals Court Rules on Cannabis Odor and Probable Cause in Vehicle Searches
LOS ANGELES- In a pivotal case that underscores the evolving legal landscape of cannabis laws in the United States, the North Carolina Court of Appeals has recently made a significant ruling. The case revolves around ...
Optimi Health Corp Expands Psychedelic Substance Manufacturing Capabilities with Health Canada License Amendment
LOS ANGELES- Optimi Health Corp. a Health Canada licensed entity engaged in psychedelic substance research and formulation, has achieved a significant milestone in its operational growth. The company announced on January 16, 2024, an amendment ...
New Jersey Sets Ground Rules for Cannabis Consumption Lounges
NEW YORK- The New Jersey Cannabis Regulatory Commission has recently taken a significant step in the cannabis industry by approving a set of rules for marijuana consumption lounges. This development marks a new business model ...
Minnesota Prepares for Adult-Use Cannabis Market
LOS ANGELES- In anticipation of its burgeoning adult-use cannabis market, Minnesota officials have outlined a need for at least 381 cannabis dispensaries to comply with the state's legalization law, a recent report indicates. This determination, ...
California’s Unified Cannabis Enforcement Taskforce Makes Significant Strides in Combating Illegal Cannabis
LOS ANGELES– The Unified Cannabis Enforcement Taskforce (UCETF) in California has reported a substantial achievement in its fight against illicit cannabis operations. In its first year, the taskforce seized nearly 190,000 pounds of illegal cannabis, ...
Ukraine’s Path to Medical Cannabis Industry
KYIV – Ukraine's Parliament has recently taken a groundbreaking step by approving a draft law to establish a medical cannabis industry, marking a significant shift in the nation's healthcare and economic landscape. However, industry experts predict ...
Canopy Growth Secures US$35 Million in Private Placement to Bolster Liquidity and Reduce Debt
LOS ANGELES– In a significant move to strengthen its financial standing, Canopy Growth Corporation, a entity in the cannabis industry, has announced the successful negotiation of a US$35 million private placement. The deal, formalized through ...
