Consumer Research
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known ...
France Upholds Pesticide Ban, Guaranteeing Survival of the Bees
LOS ANGELES- Over the past decade, France has stood at the center of Europe’s fight to protect pollinators from the devastating effects of pesticides. In 2018, the nation became the first EU member to ban ...
OPINION: The People Have Spoken: It’s Time to End Federal Cannabis Prohibition (and Release the Epstein Files)
LOS ANGELES- With 87% of Americans supporting Cannabis legalization — and nearly 80% demanding the release of the Epstein files — public consensus on reform and transparency has never been stronger. The question now is ...
How Professional Services Firms That Serve Cannabis Can Thrive in the Wellness Industry
NEW YORK- Professional service providers — from accountants and attorneys to brand strategists and tech consultants — have played an indispensable role in legitimizing and professionalizing the Cannabis sector. These same firms now have a ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
Ibogaine Gains Spotlight as Former House Speaker Calls for Wider Access
WASHINGTON, D.C. – Newt Gingrich, a Former House Speaker, has drawn attention to ibogaine, a psychedelic compound derived from the African iboga shrub, calling it a potential game-changer for treating addiction, post-traumatic stress disorder (PTSD), ...
Colombian President Pushing Congress for Swift Action on Full Cannabis Legalization
BOGOTÁ – Colombia's House of Representatives First Committee has passed a bill to legalize adult-use Cannabis, marking an early win for reformers in a country long at the center of global drug policy debates. Sponsored ...
Missouri Activists Gird Up for 2026 Ballot Measure to Unify Hemp and Cannabis Regulations
LOS ANGELES – Missouri Cannabis advocates, led by hemp business owners, plan to submit a ballot initiative in the coming days that would combine regulations for hemp and Cannabis products under a single framework for ...
NY Cannabis Board Hits Equity Target With 57% of Licenses to Social Equity Holders
NEW YORK – New York regulators reported that social and economic equity applicants now control 57% of the state's adult-use Cannabis licenses, a figure that clears the program's initial benchmark and signals steady advancement in ...
Australia’s Medicinal Cannabis Imports Hit Record Highs
SYDNEY – Figures released this week by Australia's Office of Drug Control paint a picture of robust expansion in the country's regulated Cannabis sector, with imports leading the charge alongside steady advances in domestic output ...
California Reinstates 15% Cannabis Excise Tax Through 2028
LOS ANGELES – A measure signed by Governor Gavin Newsom last month took effect on Wednesday, dialing back California's Cannabis excise tax to 15% and holding it steady at that level until at least the ...
llinois Cannabis Market Reaches New Heights in November Sales
LOS ANGELES- November marked a significant milestone for Illinois' adult-use cannabis market, achieving record-breaking sales predominantly from in-state residents, and ranking as the fifth-highest monthly total since the inception of legal cannabis shops in January ...
Numinus Releases 2023 Financial Year Results
LOS ANGELES- As the financial quarter reports roll out, they offer insights into the performance and strategic directions of various companies. Numinus Wellness Inc., a notable player in the burgeoning psychedelic therapeutics industry, has recently ...
Advancing Medical Cannabis Research in the UK: Progress and Challenges
LOS ANGELES- In 2018, the United Kingdom took a significant step by legalizing medical cannabis, yet its integration into the National Health Services (NHS) has been slow, marked by a lack of clinical studies and ...
Braxia Scientific Corp. Announces Financial Results and Strategic Review
LOS ANGELES- Braxia Scientific Corp, a medical research company known for its innovative ketamine and psilocybin treatments for depression and related disorders, has recently disclosed its financial statements and management discussion for the first half ...
Germany’s Cannabis Legalization Vote Postponed Amid Political Hurdles and Public Debate
BERLIN- Germany's anticipated vote on legalizing cannabis, a significant step in the country's journey towards legalization, has been deferred to next year. This postponement, influenced by the Social Democratic Party (SPD)'s concerns, represents the latest ...
Branded Legacy, Inc. Acquires MariJPharmaceuticals to Bolster CBD Production and Intellectual Property
LOS ANGELES - In a notable expansion of its operations, Branded Legacy, Inc. announced on Tuesday the acquisition of Florida-based MariJ Pharmaceuticals, Inc., a company specializing in certified organic mobile extraction and production of CBD ...
Alabama Medical Cannabis Licensing: A Third Attempt Amid Challenge
LOS ANGELES -In a critical step toward establishing its medical cannabis industry, Alabama's Medical Cannabis Commission (AMCC) approved a new set of licenses on December 1, marking the third attempt in a complicated licensing journey. ...
5 Highlights From this Year’s MJBizCon 2023 in Las Vegas
LOS ANGELES- MJBizCon, the premier cannabis industry conference, made its mark in Las Vegas this year, captivating attendees with the latest trends, innovations, and groundbreaking developments. It's tough now for many operators with many going ...
Ohio Lawmaker Proposes Bill Challenging Newly Approved Cannabis Legalization
LOS ANGELES- A significant development has emerged in Ohio's cannabis legislation landscape. Republican State Representative Gary Click of Vickery has introduced House Bill 341, a legislative proposal aimed at revising the voter-approved measure that recently ...
Minnesota Man Offers Free Cannabis Cultivation Workshops to Public
LOS ANGELES- In a remarkable initiative supporting Minnesota's recent legalization of recreational cannabis, Steve Rosenfeldt, a local entrepreneur, is offering free workshops on cannabis cultivation and basics. Aimed at empowering residents with the skills and ...
Clearmind Medicine Announces Promising Results in Obesity Treatment from Pre-Clinical Trial
Clearmind Medicine Inc. a biotech company at the forefront of developing novel psychedelic-derived therapeutics, has announced encouraging outcomes from its latest pre-clinical trial. The study, spearheaded by Professor Joseph Tam of The Hebrew University of ...
Cybin Inc. Unveils Promising Phase 2 Results for Psychedelic Depression Treatment CYB003
Cybin Inc. a psychedelic biotech drug development, has recently announced the comprehensive results from its Phase 2 trial of CYB003, a groundbreaking treatment for Major Depressive Disorder (MDD). These findings, presented at a high-profile R&D ...
Venture West Secures $17.5 Million Refinance Loan for Cannabis Firm Cal Grow’s Headquarters
LOS ANGELES- In a significant move underscoring the growing financial robustness of the cannabis industry, Venture West Funding, a California commercial mortgage broker, has successfully arranged a $17.5 million refinance loan for Cal Grow, a ...
Oregon’s Cannabis Market Faces Oversupply Challenges Amid Regulatory Complexities
LOS ANGELES- Oregon, a state known for its progressive stance on cannabis, is currently grappling with significant oversupply issues in its market. This challenge is compounded by various other difficulties that have been persisting in ...
University of Utah Launches Medical Cannabis Research Center
LOS ANGELES- The University of Utah is taking a significant step forward in the realm of medical cannabis research with the establishment of the Center for Medical Cannabis Research (CMCR). Announced on November 21, this ...
Numinus Wellness Inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results
LOS ANGELES- Numinus Wellness Inc. has announced its financial results for the fourth quarter and the full year of fiscal 2023, highlighting significant revenue growth and strategic advancements in its operations. Fourth Quarter Fiscal 2023 ...
New York Cannabis Control Board Approves Settlement
NEW YORK- In a pivotal decision this week, the New York Cannabis Control Board resolved a lawsuit brought by military veterans, unlocking the way for over 400 adult-use cannabis dispensaries to progress in the state. ...
California and Michigan Boost Social Equity in Cannabis Industry with New Funding Initiatives
LOS ANGELES- In a significant move to bolster social equity within the cannabis industry, both California and Michigan have recently taken steps to channel more funding into social equity cannabis companies. California is set to ...
Clearmind Medicine Inc Reports Promising Results in Pre-Clinical Trial for Combination Therapy
LOS ANGELES- Clearmind Medicine Inc has announced the results of its pre-clinical trial involving a combination therapy, marking a significant step in the development of treatments for addictions, obesity, metabolic disorders, and depression. The trial ...
RIV Capital’s Ambitious Transition to Adult-Use Cannabis Sales in New York
LOS ANGELES- RIV Capital, a Toronto-based cannabis investment firm, has navigated a turbulent path in its growth story, particularly in the New York market. Initially setting up as one of the few medical cannabis operators ...
Health Canada Approves Jazz Pharmaceuticals’ Epidiolex
NEW YORK- Canada's federal health regulator, Health Canada, has recently approved Epidiolex, a cannabinoid-based medicine developed by Jazz Pharmaceuticals Canada. This approval positions Epidiolex as a supplementary therapy for certain rare and severe forms of ...
Record Sales on Green Wednesday Signal Booming Cannabis Market
LOS ANGELES- The cannabis industry experienced a significant surge in sales on Green Wednesday, the day before Thanksgiving, marking it as a high-point in annual cannabis commerce. Jane Technologies reported recreational cannabis sales totaling an ...
Arkansas and Rhode Island Cannabis Markets
LOS ANGELES- October 2023 witnessed a modest reduction in medical cannabis sales in Arkansas, reaching $22.5 million, a slight decrease from the same period in 2022. This data, sourced from the state's Department of Finance ...
Wisconsin Legislators Advocate for Veterans’ Access to Psilocybin Therapy Amid National Psychedelic Research Surge
LOS ANGELES- In a groundbreaking move, Wisconsin lawmakers are pushing for enhanced access to psilocybin, a psychedelic compound found in magic mushrooms, for military veterans suffering from post-traumatic stress disorder (PTSD). This bipartisan bill represents ...
Irwin Naturals Inc. Reports Financial Performance in Q3 2023
LOS ANGELES- Irwin Naturals Inc, a key player in the cannabis and mental health sectors, recently disclosed its financial results for the third quarter of fiscal 2023, ending September 30, 2023. The report presents a complex ...
