Consumer Research
Aurora Disputes the Narrative Behind Curaleaf’s Hostile Bid
EDMONTON – Aurora Cannabis Inc. fired back at Curaleaf Holdings ...
Rhode Island Moves to Restart Cannabis Retail Licensing
PROVIDENCE – Rhode Island officials are taking steps to revive ...
Curaleaf Opens Free CPD Training Portal for UK Medical Cannabis Prescribers
LONDON – Medical Cannabis has been legally prescribable in the ...
Bioxyne Double-Strikes in LATAM and Europe
SYDNEY – Bioxyne Limited, an international health and life sciences company focused on the manufacturing and distribution of novel medicines, including medical Cannabis, psilocybin, and MDMA, has signed two new commercial agreements – one stretching ...
Rubicon Organics Reports Q1 2026 Financial Results
VANCOUVER – Rubicon Organics Inc. delivered its first-quarter report, revealing results that show both progress and short-term pressures common in an industry shifting toward larger-scale operations – all while balancing strong market share gains with ...
BREAKING: Colorado Passes Landmark Ibogaine Research Bill, Expanding the State’s Natural Medicine Framework
DENVER- Colorado has taken another major step in the evolution of regulated psychedelic medicine. The Colorado legislature has passed House Bill 26-1325, a landmark measure that establishes an ibogaine research pilot program within the state’s ...
Ascend Wellness Partners with NuProject to Introduce ROOTS
NEW YORK – Ascend Wellness Holdings announced it had teamed up with the non-profit NuProject to launch a six-month business readiness program called ROOTS (Readying Opportunities for Operational & Trade Sustainability). The initiative targets licensed ...
WM Technology to Delist from Nasdaq
IRVINE – WM Technology, Inc., the company behind the Weedmaps online Cannabis marketplace, announced that it will voluntarily pull its Class A common stock and warrants from the Nasdaq Global Select Market. The move comes ...
Bioxyne to Manufacture Medical Cannabis Products for Aurora Cannabis
SYDNEY – In a development that highlights the growing emphasis on dependable supply chains across the medical Cannabis sector, Bioxyne Limited has secured a manufacturing agreement with Aurora Cannabis Inc. to produce pharmaceutical-grade medicinal Cannabis ...
Distressed Assets Are Reshaping Cannabis M&A
LOS ANGELES- Distressed assets are now driving the next phase of Cannabis M&A. What appears on the surface to be a slowdown in deal activity is, in reality, a shift in how transactions are being ...
Planet 13 Reports Q1 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. released its first-quarter 2026 financials, reflecting the effects of substantial operational changes and declines in top-line figures, yet showcasing margin gains and cost controls as indications of progress ...
MariMed Reports Q1 2026 Financial Results
NORWOOD – MariMed Inc. turned in another quarter of measured progress in a tough Cannabis market. The company, with operations spanning cultivation, production, and retail facilities across multiple states, has reported year-over-year revenue growth and ...
Grown Rogue Reports Q1 2026 Financial Results
MEDFORD – Grown Rogue International Inc. delivered solid top-line gains in the opening months of 2026, underscoring its push into select markets while managing pressures in more established ones. The company, known for its focus ...
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 ...
Sun Theory Holding Co. Acquires Terrapin Care Station’s Retail Operations in Colorado
LOS ANGELES- Sun Theory Holding Co. announced the acquisition of the Colorado retail operations of Terrapin Care Station, including five retail dispensaries, on Monday. This acquisition adds to Sun Theory's existing portfolio of eight retail ...
Maine Advances Psychedelic Research with Commission Bill Awaiting Governor’s Approval
LOS ANGELES- In a significant move towards exploring the therapeutic potential of psychedelic substances, Maine lawmakers have sent a bill to Governor Janet Mills that aims to establish a commission for studying and recommending regulatory ...
Silo Pharma Licenses Promising Alzheimer’s Disease Therapeutic from Columbia University
NEW YORK- Silo Pharma, Inc. a biopharmaceutical company specializing in novel formulations and drug delivery systems, has announced its decision to license a therapeutic candidate for Alzheimer's disease (AD), known as SPC-14, from Columbia University. ...
Red Light Holland Advances in Psilocybin Research and Development
LOS ANGELES- Red Light Holland Corp., a North American and European producer of functional mushrooms and mushroom home grow kits, is set to provide an update on its Research and Development (R&D) collaboration with CCrest ...
Montana’s Comprehensive Approach to Cannabis Regulation and Consumer Safety
LOS ANGELES- Montana's Cannabis Control Division (CCD) is spearheading efforts to ensure public health and safety through the implementation of the Montana Cannabis Regulation and Taxation Act. The legislation aims to provide safe access to ...
Virginia Governor’s Veto Stalls Cannabis Legalization Progress
LOS ANGELES- In a recent development in Virginia's cannabis legalization movement, Governor Glenn Youngkin vetoed legislation that would have established a legal marketplace for adult-use cannabis. This move has been seen as a setback for ...
Federal Seizures of Regulated Cannabis Products Impact New Mexico Businesses
NEW YORK- In recent weeks, U.S. Customs and Border Protection (CBP) agents have reportedly seized regulated cannabis products at least a dozen times at border checkpoints in New Mexico, impacting state-licensed cannabis businesses. This marks ...
Filament Health Reports Revenue Gains and Progress in Psychedelic Drug Development
LOS ANGELES- Filament Health Corp., a psychedelic drug developer, has reported its financial results for the fourth quarter and the full year ending December 31, 2023. The company showed notable revenue gains and a significant ...
California Proposes Supervised Psychedelic Therapy Bill
LOS ANGELES- In an innovative legislative move, California lawmakers have introduced a bipartisan bill that aims to permit individuals over the age of 21 to consume psychedelic mushrooms under professional supervision. This proposal seeks to ...
Health Canada Reclassifies Organigram’s Cannabis Lozenges as Edibles
NEW YORK- In a recent development that has stirred the Canadian cannabis industry, Health Canada has announced a pivotal decision affecting Organigram Holdings. The federal agency has reclassified the company's Edison Jolts lozenge products from ...
Chicago Atlantic Invests $20 Million in Nova Farms Expansion
LOS ANGELES- Chicago Atlantic, a significant player in financial investment, has finalized a $20 million senior secured financing deal with Nova Farms, an established cannabis operator. This strategic investment is aimed at bolstering Nova Farms' ...
Ohio Moves Forward with Adult-Use Cannabis Marketplace Regulations
LOS ANGELES- Ohio is on the verge of activating its adult-use cannabis marketplace following the state regulators' recent publication of the latest draft rules for the industry. This comprehensive framework, announced last week, introduces detailed ...
California Enhances Cannabis Equity with $12 Million Grant
NEW YORK- In a landmark move, California has allocated $12 million in grants to ten cities and counties, including Oakland and San Jose, as part of its commitment to fostering equity in the cannabis industry. ...
New Jersey Navigates Legal Waters on Off-Duty Cannabis Use by Police
LOS ANGELES- In a groundbreaking legal case in New Jersey, the debate over off-duty cannabis use by law enforcement officers brings to light the complex interplay between state legalization and federal restrictions. Jersey City has ...
New York Supreme Court Overturns Cannabis Marketing Restrictions
LOS ANGELES- In a significant legal development for New York's cannabis industry, the Supreme Court in Albany County invalidated several marketing restrictions on Monday, marking a pivotal moment for licensed cannabis businesses in the state. ...
New Mexico Sets Record in Cannabis Sales for March
LOS ANGELES- In a significant development within the cannabis industry, New Mexico reported a record-breaking total of over $52 million in combined recreational and medical cannabis sales for March. This figure surpasses previous records, marking ...
