Consumer Research
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 ...
Safe Harbor Targets Retirement Gap in Cannabis Workforce
DENVER – Safe Harbor Financial is extending its reach deeper ...
AtaiBeckley Reports Expanded Phase 2a Data for EMP-01 in Social Anxiety Disorder
NEW YORK – AtaiBeckley Inc., the clinical-stage biopharmaceutical firm born ...
Vireo Growth Reports Q4 2025 Financial Results
MINNEAPOLIS – Vireo Growth Inc. has released its financial performance for the period ended December 31, detailing how a series of completed mergers has reshaped its operations and set the stage for broader expansion in ...
Massachusetts Rec Cannabis Sales Exceed $9B Cumulative Total
BOSTON – Adult-use Сannabis retailers in Massachusetts have generated over $9 billion in gross sales since the first stores opened in November 2018, as reported by the state Cannabis Control Commission. Sales data on the ...
Canopy Growth Completes Acquisition of MTL Cannabis
SMITHS FALLS – Canopy Growth Corp. has finalized the purchase of MTL Cannabis Corp. solidifying its position as the largest medical Cannabis company in Canada by revenue bolstered by added cultivation assets and patient channels. ...
SAM in Action: How Dark Money Fuels Prohibitionists Attacks
LOS ANGELES – A noticeable uptick in anti-Cannabis content has appeared on social platforms lately, flooding threads with posts on scromiting, schizophrenia, psychosis risks, outdated research, recycled study headlines, and new ballot proposals surfacing in ...
CMS Finalizes Rule for Medicare CBD Coverage Pilot
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) has finalized regulations enabling a pilot program for federal health insurance coverage of hemp-derived CBD products, according to a recent statement from an executive at ...
Missouri Cannabis Sales Hit Record $1.5B in 2025
JEFFERSON CITY – Missouri's regulated Cannabis market posted its strongest year yet in 2025, with retailers recording approximately $1.5 billion in total sales, according to figures from the Missouri Department of Health and Senior Services. ...
New Hampshire House Advances Bill to Regulate Medical Psilocybin Use
CONCORD – The New Hampshire House of Representatives has given initial approval to a bipartisan measure that would establish a state program allowing supervised therapeutic access to psilocybin for qualifying medical conditions. House Bill 1809, ...
How the Irish Helped Shape — and Continue to Shape — the Modern Cannabis Industry
LOS ANGELES -For a small island, the Irish have a remarkable habit of turning up everywhere. From politics and literature to science and business, the Irish diaspora has left fingerprints across the modern world. Cannabis ...
Women’s History Month: Supporting the Woman Who Supported Me
By Guy Rocourt. LOS ANGELES-March is Women’s History Month, and with International Women's Day celebrated earlier this month, it’s a good moment to reflect on the women whose strength, leadership, and resilience shape our lives ...
SNDL Reports Q4 and FY 2025 Financial Results
EDMONTON – SNDL Inc. disclosed its fourth-quarter and full-year 2025 earnings for the period ended December 31, 2025, illustrating a clear divergence in performance across its two main retail pillars: sustained progress and margin expansion ...
Kentucky Advances Medical Cannabis Licensing Schedule
NEW YORK- Kentucky Governor Andy Beshear has signed House Bill 829 into law, accelerating the schedule for the state's medical cannabis licensing to July this year from the previously set January next year. This move ...
Massachusetts Dispenses Social Equity Grants to Cannabis Businesses
LOS ANGELES- Governor Maura Healey of Massachusetts has allocated grants amounting to $2,350,000 to 50 cannabis social equity companies across 28 communities, utilizing funds from the state's Cannabis Social Equity Trust Fund (CSETF). This initiative ...
Colorado Senate Passes Stringent Digital Content Bill on Cannabis and Other Substances
LOS ANGELES- The Colorado Senate recently approved SB24-158, legislation aimed at intensifying regulations on social media content concerning cannabis, psychedelics, and hemp products. This bill, met with a significant debate over free speech and the ...
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 ...
Illinois Legislation Targets Ban on Intoxicating Hemp Products
LOS ANGELES- In a recent legislative move in Illinois, lawmakers have proposed a ban on intoxicating hemp products, including delta-8 THC. This initiative aligns with broader efforts to implement tighter controls on the hemp industry ...
North Dakota Seeks to Revive Adult-Use Cannabis Initiative for November Ballot
LOS ANGELES- In North Dakota, cannabis advocates are rallying to place an adult-use cannabis question on the ballot for the upcoming November general election. The initiative, led by former Bismarck mayor and current Burleigh County ...
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 ...
California Advances Regulated Psychedelic Therapy Bill
LOS ANGELES- California's legislative body has taken a significant step towards the formal integration of psychedelic therapy into medical practice with the Senate Business, Professions and Economic Development Committee's recent approval of Senate Bill 1012. ...
U.S. House Committee Advances Cannabis and Psychedelics Research Bills for Veterans
NEW YORK- The House Committee on Veterans' Affairs has recently passed two significant bills concerning the use of cannabis and psychedelics for veterans, gaining unanimous support among the committee members. The proposals, reported by Marijuana ...
Missouri Records $125M in Cannabis Sales for March
LOS ANGELES- Missouri has achieved a new milestone in cannabis sales, registering a record-breaking $124.7 million in combined medical and adult-use cannabis sales for March, as reported by the Division of Cannabis Regulation (DCR). This ...
Cybin Inc. Secures Patent for Psychedelic-Based Depression Treatment
LOS ANGELES- Cybin Inc., a biopharmaceutical company dedicated to improving mental healthcare through psychedelic-based therapies, has announced the granting of a new U.S. patent for its CYB003 program, aimed at treating Major Depressive Disorder (MDD). ...
New York Accelerates Cannabis Licensing
NEW YORK- New York has issued over 400 adult-use cannabis licenses this year, a significant step as the state addresses the slow initial rollout that led to widespread unlicensed dispensaries. The state Cannabis Control Board ...
Congressional Hearing Spotlights Need for Cannabis Rescheduling and Regulation Clarity
LOS ANGELES- At a recent House Oversight and Accountability Committee hearing, FDA Commissioner Robert Califf was rigorously questioned about the potential rescheduling of cannabis and the regulation of CBD products. The hearing underscored the growing ...
Numinus Wellness Announces Strategic Shift in Canadian Operations
LOS ANGELES- Numinus Wellness Inc. , has completed its strategic review and announced plans to reshape its Canadian clinical operations. This reorganization, referred to as the "Canadian Reorganization," aims to refocus the company's efforts on ...
Canopy Growth Shareholders Greenlight Exchangeable Shares for U.S. Expansion
LOS ANGELES- In a significant step towards penetrating the U.S. market, Canopy Growth Corporation announced that its shareholders have approved the creation of a new class of exchangeable shares. This strategic move is a key ...
Proposed Amendment Aims to Toughen Penalties for Kansas Hemp Farmers with High THC Levels
LOS ANGELES- In a recent development within Kansas legislative circles, a contentious amendment has been introduced that seeks to impose stricter penalties on hemp farmers whose crops test above a 1% THC threshold. This amendment, ...
New Hampshire House Approves Cannabis Legalization Bill
NEW YORK- The New Hampshire House of Representatives has passed a bill to legalize adult-use cannabis, with a vote of 239 to 136, moving the proposal forward to the Senate where its outcome is less ...
IRS Guidance Eases Cash Transaction Concerns for Cannabis Industry
LOS ANGELES- The Internal Revenue Service (IRS) recently issued a memo that clarifies handling cash transactions within the cannabis industry, providing a potential shift in federal treatment of the sector. This guidance focuses on the ...
PharmaCielo Amplifies Presence in Asian Markets with Strategic Acquisition
LOS ANGELES- PharmaCielo, an international cannabis production, announced plans to broaden its footprint in Asian markets through a strategic acquisition aimed at leveraging its established product quality and unique genetic and formulation expertise. This expansion ...
M&A News: Staffing Firm Vangst Acquires CannabizTemp
DENVER-Vangst, the cannabis industry's leading hiring platform, has officially acquired CannabizTemp, the temporary staffing division of CannabizTeam. The acquisition was 50% cash, 50% stock, and is the first acquisition in the cannabis HR space. Vangst ...
Ontario Cannabis Retailer Incurs $200,000 Fine for Regulatory Non-compliance
LOS ANGELES- The Alcohol and Gaming Commission of Ontario (AGCO) has levied a fine of CA$200,000 against Cannabis Xpress for breaching provincial anti-inducement laws designed to regulate cannabis retail operations. The AGCO's inquiry, triggered by ...
Alabama Seeks to Reset Medical Cannabis Licensing with New Bill
LOS ANGELES- In an effort to resolve ongoing delays and legal complications in its medical cannabis program, the Alabama Senate Agriculture, Conservation, and Forestry Committee has endorsed Senate Bill 306, which proposes a comprehensive reset ...
PharmAla Biotech Announces Private Placement Offering and Debt Settlement
LOS ANGELES- PharmAla Biotech Holdings Inc. a player in the biotechnology sector specializing in the development of LaNeo™ MDMA and its derivatives, has announced plans for a non-brokered private placement offering aiming to raise up ...
Surge in Canceled Cannabis Licenses and Rising Unpaid Excise Tax in Canada
NEW YORK- The Canadian cannabis industry is facing significant operational hurdles as evidenced by the sharp increase in business license cancellations. According to data from the Canada Revenue Agency (CRA), at least 123 federal cannabis ...
Clearmind Medicine Inc. Files Patent for Novel Therapeutic Approach to Treat Eating Disorders
LOS ANGELES- Clearmind Medicine Inc. a biotech company specializing in the discovery and development of psychedelic-derived therapeutics, has announced the filing of a patent application with the United States Patent and Trademark Office (USPTO) for ...
