Consumer Research
Florida Takes Action to Advance Adult-Use Cannabis Ballot Measure, Lawsuit Ends Delay
TALLAHASSEE – Florida election officials cleared a procedural roadblock for ...
LinkedIn Research Study: People Don’t Trust What You Say — They Trust What Others Say About You
LOS ANGELES- According to LinkedIn’s 2025 B2B Marketing Benchmark, video ...
Jushi Sues Pennsylvania Retailers Over Unregulated Hemp-Derived THC Products
PHILADELPHIA – Jushi Holdings Inc. has initiated legal action against 10 hemp companies in Pennsylvania, alleging they sell intoxicating products disguised as legal hemp that violate state laws and erode profits for licensed operators. The complaint, ...
STUDY: Cannabis Consumers Engage in Greater Levels of Physical Exercise
OKLAHOMA CITY–Middle-aged adults are more likely to engage in physical activities on days when they also consume cannabis, according to data published in the journal Addictive Behaviors. Researchers affiliated with the University of Oklahoma assessed the relationship between cannabis use ...
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Australian Cannabis Prices Drop to New Lows, Pressuring Domestic Producers
MELBOURNE – Medicinal Cannabis flower prices in Australia have fallen to a minimum of $3.30 per gram at the patient level, a development that has intensified debates over the viability of the country's homegrown industry. ...
Google Launches Limited Test of Cannabis Advertising on Its Search Platform in Canada
TORONTO – Google has started a restricted trial allowing select Canadian Cannabis companies to place ads on its search engine, marking a cautious step toward easing long-standing prohibitions on such promotions. The initiative, which went ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Mississippi Cannabis Dispensary Owner Sues State Over Advertising Restrictions
LOS ANGELES- A lawsuit challenging Mississippi's restrictive advertising rules for cannabis companies was filed on Thursday in federal court. The litigation, initiated by Clarence Cocroft II, owner of Tru Source Medical Cannabis, directly confronts the ...
Monthly Roundup: Navigating the Psychedelic Investment Landscape
LOS ANGELES-In an environment marked by regulatory complexities, companies in the emerging field of psychedelic medicine are cautiously progressing, acknowledging the challenges posed by the absence of federal legality. From stability testing milestones to financial ...
FSD Pharma Inc Announces Key Dates for Distribution of Celly Nutrition Corp Shares
LOS ANGELES- FSD Pharma Inc, a prominent biopharmaceutical company, has announced crucial details regarding the distribution of shares as part of its strategic plan of arrangement (the “Arrangement”). The company, known for its innovative portfolio ...
Psyence Group Inc. Advances Towards Nasdaq Listing with New Psychedelics Venture
LOS ANGELES- Psyence Group Inc., a Canadian psychedelics firm, has marked a significant advancement in its growth trajectory. The company, listed on the Canadian Securities Exchange (CSE: PSYG), has received regulatory approval from U.S. stock ...
YourWay Cannabis Brands Faces Challenges with Financial Reporting and Management Changes
LOS ANGELES- YourWay Cannabis Brands Inc., a company traded on the Canadian Securities Exchange and the OTC market (OTC: YOURF), is grappling with significant challenges, including delays in financial reporting and management upheavals. The company ...
New York Governor Signs Groundbreaking Clean Slate Act for Conviction Sealing
NEW YORK- New York Governor Kathy Hochul has enacted a transformative law, the Clean Slate Act, enabling the sealing of eligible misdemeanor and felony convictions, a move poised to reshape the landscape of criminal justice ...
Maine Medical Cannabis Report Reveals High Contamination Rates
LOS ANGELES- Nearly half of the medical cannabis commercially available in Maine contains contaminants like yeast, mold, or pesticides, a new report from the state's Office of Cannabis Policy (OCP) reveals. The findings, detailed in ...
Georgia Expands Its Medical Cannabis Industry with New Business Permits
LOS ANGELES- Georgia's medical cannabis industry is taking significant strides with the Georgia Access to Medical Cannabis Commission awarding four additional business permits. This development brings the total number of licensed cannabis companies in the ...
British American Tobacco Amplifies Investment in Organigram
LOS ANGELES- British American Tobacco (BAT), a global tobacco company, has significantly increased its investment in Canadian cannabis producer Organigram Holdings. The latest investment of 124.6 million Canadian dollars ($92.5 million) marks a deepening partnership ...
Maryland Launches Social Equity-Focused Adult-Use Cannabis Licensing
LOS ANGELES- Maryland has officially opened the first round of its adult-use cannabis licensing process, marking a significant step forward in the state's cannabis industry. In a move to promote social equity, this initial phase ...
AYR Wellness Financial Performance in Q3 2023
NEW YORK– AYR Wellness Inc. U.S. multi-state cannabis operator, has disclosed its financial results for the third quarter ending September 30, 2023. The company reported a revenue increase of 5% year-over-year to $114.4 million, excluding ...
Florida High Court Favoring Voter Decision on Cannabis Legalization
NEW YORK– In a significant development for cannabis legalization advocates in Florida, the state's Supreme Court appears inclined to permit a proposal for adult-use cannabis legalization to reach voters next year. This move would mark ...
AI in Cannabis Cultivation: Navigating the Future of Efficiency and Craftsmanship
NEW YORK– The cannabis industry, long characterized by its blend of traditional cultivation methods and pioneering spirit, is now on the verge of a technological transformation. The integration of Artificial Intelligence (AI) into cannabis production ...
FDA Submission of MDMA-Assisted Therapy Application Aims to Advance Mental Health Landscape
NEW YORK- In a landmark move, MAPS Public Benefit Corporation (MAPS PBC), a subsidiary of the notable Multidisciplinary Association for Psychedelic Studies (MAPS), has officially lodged a new drug application with the U.S. Food ...
Cresco Labs Delivers Q3 2023 Results, Execution of Core Market Strategy
NEW YORK– Cresco Labs Inc., a player in the cannabis industry, has unveiled its third-quarter financial and operating results for the period ending September 30, 2023. A leader in branded cannabis products and the operator ...
Ohio Governor Seeks Amendments to Voter-Approved Cannabis Legalization
LOS ANGELES— Ohio Governor Mike DeWine has called on state lawmakers to revise the recently approved cannabis legalization measure before its enactment on December 7. Despite his respect for the democratic process, as reported by ...
Cybin Inc. Secures $30 Million in Funding, Strengthening Pathway for Psychedelic-Based Mental Health Treatments
LOS ANGELES— Cybin Inc., a prominent clinical-stage biopharmaceutical company, has successfully closed its substantial underwritten offering, amassing US$30 million to propel its mission of transforming mental healthcare with next-generation psychedelic treatments. The company issued 66,666,667 ...
Clearmind Medicine Partners with Johns Hopkins and Yale for Pioneering Alcohol Use Disorder Clinical Trial
Tel Aviv— Clearmind Medicine Inc., a trailblazer in psychedelic drug development, has announced a significant milestone in its journey to address Alcohol Use Disorder (AUD). The company has entered into a Clinical Trial Agreement with ...
Goodness Growth Holdings Poised for New York Market Exit Amid Financial Turnaround
NEW YORK— Goodness Growth Holdings Inc, a cannabis company, is navigating a challenging financial landscape with a firm goal to exit the New York market by the end of the year. The Minnesota-based multistate operator, ...
Massachusetts Governor Introduces Veteran-Focused Legislation Including Psychedelic Research
BOSTON — In a landmark move, Massachusetts Governor Maura T. Healey has filed a comprehensive legislative package aimed at enhancing benefits and services for the state's military veterans. Dubbed the Act Honoring, Empowering and Recognizing Our ...
Red Light Holland’s Psilocybin Capsules Prove Stable in Extended Testing, Eyeing Global Markets
LOS ANGELES- Red Light Holland Corp., has announced significant advancements in their natural psilocybin microdosing capsules. Developed from psilocybin truffles grown on the company’s farm in the Netherlands, these capsules have successfully passed a four-month ...
Missouri Clears Nearly 100,000 Cannabis Convictions, Embracing Historic Reform and Justice
LOS ANGELES- Missouri has made significant strides in criminal justice reform related to cannabis, as reported by KMBC 9. Following the approval of an adult-use cannabis constitutional amendment by voters last year, the state has ...
Glass House Brands Inc. Record in Q3 2023
LOS ANGELES- Glass House Brands Inc., a player in the cannabis industry, announced its financial achievements for the third quarter ending September 30, 2023, marking a period of substantial growth and operational efficiency. "The third ...
Tilt Holdings Inc. Reports Revenue Growth in Q3 Amidst Strategic Refinements
LOS ANGELES- Tilt Holdings Inc. a diversified cannabis industry player, has reported a significant increase in revenue for the third quarter ending September 30, as the company continues to navigate its path to financial stability. ...
Navigating Co-Investments in the Cannabis Industry: A Strategic Guide for Family Offices
NEW YORK-Family offices operating in the cannabis industry often view co-investing as a pivotal component of their investment strategy. When executed thoughtfully, these collaborations not only spread the risk associated with cannabis investments but also ...
