Consumer Research
Cannabis B2B Gets a Credit Layer: FundCanna Plugs BNPL Into Apex Trading
SAN DIEGO – FundCanna, the largest dedicated provider of working ...
Grown Rogue Reports Q1 2026 Financial Results
MEDFORD – Grown Rogue International Inc. delivered solid top-line gains ...
Jushi Reports Q1 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. delivered a quarter of ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The U.S. Cannabis sector has settled into a phase defined by operational discipline rather than continued expansion. While mature markets continue to generate reliable revenues, wholesale price compression and margin erosion have ...
From Survival to Execution: Hall of Flowers Ventura Reflects an Evolving Cannabis Industry
LOS ANGELES- Hall of Flowers Ventura continues to set the standard for what a modern Cannabis industry event should look and feel like—focused, curated, and highly effective. Hall of Flowers Ventura this past March 18 ...
Updated: Europe’s Cannabis Business Events 2026
BERLIN- Europe’s Cannabis market is moving from theory to execution. And the clearest signal is the event calendar. From Berlin to London to Prague, the sequence of events tells a story—not just of geography, but ...
REVIEW: CannBev Summit-Recap from Brandon Bobart
MIAMI - The CannaBev Summit in Miami Beach took place at a pivotal moment for the hemp-derived THC beverage industry. The uncertainty referenced throughout the event is regulatory and political. Specifically, it centers on whether ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
Trulieve Reports Q4 and FY 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp., the largest U.S. Cannabis retailer by store count, announced its full-year 2025 revenue of $1.2 billion, holding steady from the previous year as retail pricing pressures offset gains from new ...
Georgia Expands Medical Cannabis Program with SB 220: What It Means for Patients and Operators
ATLANTA- The state of Georgia is on the verge of a meaningful shift in its medical Cannabis program. Legislation passed by the Georgia General Assembly—Senate Bill 220—would significantly expand the types of Cannabis products available ...
Cheech and Chong Ink Distribution Deal with Breakthru
LOS ANGELES – Cheech and Chong’s Global Holding Company has entered a strategic partnership with Breakthru Beverage Group to bring its line of hemp-derived THC drinks to a much broader audience across key U.S. markets. ...
C-Stores Press Ahead with Hemp-Derived Products as Regulations Tighten
LOS ANGELES – Major convenience store operators keep stocking hemp-derived THC beverages and related items on shelves in states where sales remain legal, even as a federal overhaul set to take effect in November 2026 ...
Ohio Committee Approves Plan for Adult-Use Cannabis Sales
LOS ANGELES- The Ohio Joint Committee on Agency Rule Review (JCARR) has approved new regulations to allow medical cannabis dispensaries to sell adult-use products starting June 7, 2024. This development follows the voter approval of ...
Texas Senate to Hold Public Hearing on Delta-8, Delta-9 THC Products
LOS ANGELES- The Texas Senate will hold a public hearing on May 29 to discuss a potential ban on delta-8 and delta-9 THC products. These products have been widely available in Texas since 2019, following ...
Study Finds Psilocybin Use Does Not Significantly Alter Religious Beliefs
LOS ANGELES- A new study from Johns Hopkins University, published in the Journal of Psychoactive Drugs, indicates that a single psilocybin experience is unlikely to change an atheist's belief in God or alter a person's ...
Federal Judge Orders Cannabis Dispensary Operator to Bargain with Union
LOS ANGELES- In a landmark decision, U.S. District Judge Myong Joun has mandated that the cannabis dispensary operator I.N.S.A. must negotiate with the United Food and Commercial Workers (UFCW) union, despite its employees voting against ...
Enveric Biosciences Eyes Major Licensing Deals for Its Drug Pipeline
NEW YORK- Enveric Biosciences is actively pursuing licensing agreements that could potentially net the company up to $410 million in milestone payments. This initiative follows a newly announced partnership with MindBio and comes amidst the ...
New York Cannabis Regulatory Chief to Resign Amid Program Overhaul
LOS ANGELES- Chris Alexander, the Executive Director of New York's Office of Cannabis Management (OCM), is set to resign at the end of his three-year term in September, as announced by Governor Kathy Hochul. The ...
Minnesota Residents Sue for Right to Sell Home-Grown Cannabis
LOS ANGELES- In Minnesota, a legal battle is unfolding as four individuals who legally cultivate cannabis have initiated a lawsuit against state cannabis regulators. The plaintiffs argue that the Minnesota Constitution permits them to sell ...
Idaho Medical Cannabis Initiative Gains Momentum Amid New Signature Drive
LOS ANGELES- In Idaho, one of the few states without any legal cannabis framework, the advocacy group Kind Idaho is making strides to place a medical cannabis initiative on the 2024 ballot. The organization faces ...
Product Recall in Arizona Due to Contamination Concerns
LOS ANGELES- The Arizona Department of Health Services has issued a recall for a product known as Onion Bhaji after laboratory tests detected possible contamination with Aspergillus, a fungus known to cause allergic reactions or ...
Massachusetts Orders Cease on THCV Products by Hemp Company
LOS ANGELES- The Massachusetts Department of Agricultural Resources (MDAR) has issued a cease and desist order to Bay State Extracts, a state-licensed hemp business, directing it to stop the production and sale of products containing ...
Ohio to Award Dual-Use Cannabis Licenses by June
LOS ANGELES- Ohio is set to begin the transition to allow existing medical cannabis dispensaries to sell cannabis recreationally. The state's Joint Committee on Agency Rule Review has approved regulations for dual-use licenses, with applications ...
A Delays Hearing on Psychedelic Compounds
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed a crucial administrative hearing originally scheduled for June on the proposed ban of two psychedelic compounds, 2,5-dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC). This decision follows a legal ...
U.S. Policy Shifts on Cannabis and Psilocybin for Chronic Pain Management
LOS ANGELES- In a landmark policy shift, the U.S. Drug Enforcement Agency (DEA) has announced plans to reclassify cannabis from a Schedule I to a Schedule III controlled substance, a category that includes less restricted ...
Global Landscape of Recreational Cannabis Legalization as of 2024
LOS ANGELES- As of April 2024, the global landscape for recreational cannabis legalization remains limited, with only nine countries having fully legalized its use nationwide, according to Visual Capitalist. Notably, Germany recently joined Malta and ...
Reunion Neuroscience Secures $103 Million for Development of Psychedelic Drug Therapy
LOS ANGELES- Reunion Neuroscience Inc., a developer of psychedelic drug treatments, has successfully raised $103 million in a Series A financing round. The round was co-led by MPM BioImpact and Novo Holdings, with additional participation ...
Thailand’s Prime Minister Proposes Recriminalization of Cannabis
LOS ANGELES - Thailand’s Prime Minister, Srettha Thavisin, announced on social media his intention to recriminalize cannabis, permitting its use solely for medicinal purposes. This move aligns with earlier suggestions from the country’s health minister ...
South Dakota Moves Toward Adult-Use Cannabis Legalization
LOS ANGELES- South Dakotans for Better Marijuana Laws (SDBML), a cannabis advocacy group, has recently submitted 29,030 signatures to South Dakota's Secretary of State in a bid to get an adult-use cannabis initiative on the ...
Vermont Legislature Passes Overdose Prevention Center Funding
LOS ANGELES -The Vermont legislature has recently passed a measure that aims to address the state's overdose crisis by establishing an overdose prevention center in Burlington. The Senate approved the proposal on May 2 with ...
Green Thumb Industries Reports First Quarter Results
NEW YORK- Green Thumb Industries Inc., a cannabis company, reported a net income of $31 million for the first quarter of 2023. Despite a slight decline from the fourth quarter revenue of $278 million, the ...
Canadian Medical Cannabis Exports Hit Record High Amid Domestic Decline
LOS ANGELES- Canada's medical cannabis industry has achieved a new milestone in exports, reaching a record CA$218 million in the fiscal year 2023-24, a substantial increase from CA$8 million in 2019-20. This surge is attributed ...
New York Faces Challenges with Illicit Cannabis Shops
NEW YORK- New York's legal cannabis market has faced significant hurdles since the state legalized adult use in March 2021. The market's expansion has been stymied by numerous lawsuits and changes in leadership, contributing to ...
New Hampshire Senate Committee Approves Cannabis Legalization Bill
LOS ANGELES- For the first time, a Senate committee in New Hampshire has approved a cannabis legalization bill, marking a significant milestone in the state's legislative history. House Bill 1633, which recently passed the Senate ...
New Jersey Cannabis Sales Hit Record High Despite Slowing Growth
NEW YORK- Cannabis retailers in New Jersey have achieved a new quarterly sales record of $201 million in the first three months of 2024. This represents a notable 38% increase in year-over-year growth and sets ...
Decline in Medical Cannabis Registrations in New Jersey and New Mexico
LOS ANGELES- Recent reports have highlighted a significant decline in the number of registered medical cannabis patients in New Jersey and New Mexico, following the launch of adult-use cannabis markets in both states. According to ...
UK Study Finds Psilocybin Effective in Treating Depression
LOS ANGELES- A recent study conducted by researchers in the United Kingdom has found promising results for psilocybin, the active psychedelic compound in "magic mushrooms," as a treatment for depression. The study, which was reported ...
