Consumer Research
MariMed Reports Q3 2026 Financial Results
NORWOOD – MariMed Inc. reported a record revenue of $44.2 ...
Vireo Completes FLUENT Acquisition
MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of ...
Aurora Shares Hit Ten-Month Highs on Organigram Bid
LOS ANGELES – Shares of Aurora Cannabis Inc. (ACB) surged more than 20% on both the NASDAQ and TSX, after Organigram Global Inc. (OGI) announced a definitive agreement to acquire the company for CA$7.80 per ...
RYTHM Reports Q3 2026 Financial Results
ROLLING MEADOWS – RYTHM, Inc. posted Q3 2026 revenue of $23.9 million, up 4% from the prior quarter and nearly six times its Q3 2025 figure. The company recorded a net loss of $533,000 alongside ...
GTI Reports Q3 2026 Financial Results
CHICAGO – Green Thumb Industries reported $324.4 million in revenue for the third quarter. Year-over-year growth of 11.3% was driven primarily by Minnesota retail sales following the state's adult-use launch in September 2025, along with ...
DEA Bars Dual-Purpose Dispensaries From Federal Medical Cannabis Registration
WASHINGTON – In April, followed by Trump administration's rescheduling order, the U.S. Department of Justice announced that the DEA had granted federal registrations to more than 900 state-licensed medical Cannabis dispensaries in Alabama, Florida, Mississippi, ...
Cannabis Deals Multiply and Shrink in Q3 2026, Viridian Finds
LOS ANGELES – The Viridian Cannabis Deal Tracker counted 74 transactions in the third quarter: 28 in M&A, 27 in equity and 19 in debt. That is the most in any quarter since early 2023 ...
AJNA Biosciences Files for DEA Authorization to Grow Cannabis Under FDA Drug Framework
LITTLETON – AJNA Biosciences, a botanical drug development company, applied to the DEA for registration as a bulk manufacturer of Schedule I controlled substances. The filing, made available for public inspection on 30 October and ...
Optimi Goes Down Under with New Australian Subsidiary
VANCOUVER / SYDNEY – Optimi Health Corp., a commercial-stage pharmaceutical developer and manufacturer of regulated psychedelic drug products, announced the establishment of Optimi Australia Pty Ltd, a wholly owned subsidiary responsible for distribution and business ...
Analysis: Higher THC Potency Doesn’t Always Correspond with More Pronounced Mood-Altering Effects
Melbourne, Australia: Doubling THC potency doesn’t necessarily lead to a corresponding increase in cannabis’ mood-altering effects, according to a review of 40 human studies published in the journal Neuroscience & Biobehavioral Reviews. Researchers from Australia, ...
Big Alcohol. Big Tobacco. What About Big Marijuana?
By Mark Collins | HCN Opinion When Democratic Texas U.S. Senate candidate James Talarico identified Big Alcohol and Big Tobacco as beneficiaries of restrictions on hemp-derived THC, he raised an important question: Who profits when ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Federal regulators drew a firm line around medical Сannabis, a hostile bid for Aurora turned more personal, and Q3 2026 earnings showed which operators convert retail traffic into cash. Capital deployment remains ...
Aurora Cannabis Reports Q1 FY 2027 Financial Results
EDMONTON – Aurora Cannabis Inc. released its first-quarter fiscal 2027 results, covering the period ended June 30, 2026. The Canadian medical Cannabis company highlighted growth in its international segment alongside a smaller overall revenue figure ...
GTI Reports Q2 2026 Financial Results
CHCAGO – Green Thumb Industries Inc. reported Q2 2026 revenue of $306.7 million, clearing Wall Street's consensus estimate of $298.99 million by roughly $8 million. The result represented a 4.6% year-over-year gain, driven primarily by ...
Verano Reports Q2 2026 Financial Results
CHICAGO – Verano Holdings Corp. posted net revenue of $218 million for the three months ended June 30, 2026, up 8% year-over-year from $202 million in Q2 2025, and up 5% sequentially from $208 million ...
RYTHM Reports Q2 2026 Financial Results
ROLLING MEADOWS – RYTHM, Inc. posted revenue from continuing operations of $23 million in the second quarter of 2026, a 73% sequential increase that cleared management's own guidance of 65% growth. For context. Total revenue ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The final days of July and the opening of August delivered a concentrated burst of news that touched labor, capital markets, federal regulation, and cross-border insolvency. A historic labor settlement, a one-company ...
MJBowl Adds Colorado for Its Second Year
LOS ANGELES – The MJBowl, the Cannabis product competition co-presented by MJBizCon and professional review platform Budist, is returning for its second year, with Colorado joining California and New York in the competition pool for ...
FDA Issues Final Guidance on Psychedelic Drug Trials
SILVER SPRING – The FDA published its final guidance titled "Psychedelic Drugs: Considerations for Clinical Investigations" in the Federal Register, finalizing a draft that first appeared in June 2023. Issued by the Center for Drug ...
Vireo Growth Re-Enters Ohio Through Four Concurrent Deals
MINNEAPOLIS – Vireo Growth Inc. announced that it has signed four separate Securities Purchase Agreements to acquire all membership interests of FarmaceuticalRx LLC, FarmaceuticalRx 2 LLC, CAOH LLC, and Canoe Hill Ohio, LLC. The four ...
Cannabis Workers Win Biggest Strike in U.S. History
BARRY – Employees at Ascend Wellness's Cannabis cultivation facility in Barry, Illinois, ratified their first union contract on July 30, ending a 30-day unfair labor practice strike that the International Brotherhood of Teamsters says was ...
Final Bell Exhausts Strategic Options, Files for Bankruptcy in Canada
LOS ANGELES – Final Bell Holdings International Ltd. has made a voluntary assignment in bankruptcy under Section 49 of Canada’s Bankruptcy and Insolvency Act. A Licensed Insolvency Trustee was appointed, and the Office of the ...
LEEF Brands Secures Processing Facility With $5.2M Preferred Round
VANCOUVER – LEEF Brands, Inc. announced the closing of a $5.2 million preferred share financing. The proceeds will fund the purchase of a Cannabis processing and storage facility that will dry, cure, freeze, and store ...
SNDL Reports Q2 2026 Financial and Operational Results
EDMONTON – SNDL Inc. announced the completion of assets acquisition from Surterra Holdings, Inc. and its affiliates, collectively known as Parallel, a vertically integrated Cannabis operator with state-licensed operations in Florida, Texas, and Massachusetts. The ...
OCHBS: From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
Jushi Reports Q2 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. released its second-quarter 2026 financial results, posting revenue of $71.3 million, a 10% year-over-year gain, with growth spread across both the retail and wholesale channels. The wholesale segment set ...
Vireo Growth Sets Stage for Planet 13 Acquisition
MINNEAPOLIS - LAS VEGAS – Vireo Growth Inc. and Planet 13 Holdings Inc. have agreed to combine operations under a definitive merger agreement. The move brings together two multi-state Cannabis operators and expands retail reach ...
FLUENT Shareholders Approve All-Stock Acquisition by Vireo
TORONTO – FLUENT Corp. reported that holders of its common and proportionate voting shares approved the special resolution for an all-stock plan of arrangement with Vireo Growth Inc. at the annual general and special meeting ...
IRS Pushes Back on Cannabis Tax Refund Claims as the 280E Battle Enters a New Era
WASHINGTON, D.C.-The Cannabis industry's long-running battle with Section 280E has entered a pivotal new phase. For years, one of the greatest financial challenges facing state-licensed Cannabis businesses has not been competition or regulation—it has been ...
Organigram Highlights Early Sanity Results While Holding Canadian Market Lead
TORONTO – Three months after closing its largest international acquisition to date, Organigram Global Inc. has delivered the first combined business update covering Sanity Group's early performance alongside the company's ongoing Canadian market position. The ...
Colder BHO Extractions Yield Cleaner Cannabis Concentrates, Abstrax Study Finds
LOS ANGELES – Researchers at Abstrax Tech have found that colder extraction temperatures during butane hash oil (BHO) processing significantly reduce the carryover of plant-derived wax compounds into finished concentrates, without meaningfully affecting cannabinoid potency ...
Senate Democrats Reintroduce Comprehensive Cannabis Descheduling Bill, Renewing Push for Federal Reform
WASHINGTON, D.C. - The push for comprehensive federal Cannabis reform has returned to the U.S. Senate with the reintroduction of the Cannabis Administration and Opportunity Act (CAOA), a sweeping piece of legislation that would remove ...
California’s Cannabis Promise Remains Unfulfilled: Why Racial Disparities in Cannabis Arrests Continue to Shame the Golden State
SACRAMENTO- Nearly a decade after California voters approved adult-use Cannabis, the state has become one of the world's largest legal Cannabis markets. Billions of dollars have flowed through licensed businesses, thousands of jobs have been ...
FDA Finalizes Psychedelic Drug Guidance and Schedules September Public Hearing
WASHINGTON, D.C., The US FDA has established clearer expectations for psychedelic clinical trials while inviting public input on how the therapies could eventually be delivered in supervised healthcare settings. The U.S. Food and Drug Administration ...
Ascend Wellness Seeks Shareholder Approval for Reverse Stock Split Ahead of Potential Uplisting
NEW YORK – Ascend Wellness Holdings Inc., a vertically integrated multistate Cannabis operator, is preparing for a possible move to a major U.S. stock exchange. The company has filed documents outlining a shareholder vote on ...
The Real Operational Cost of Cash Discrepancies in High-Volume Dispensaries
LOS ANGELES – Cannabis dispensaries occupy a distinctive position in American retail. They are among the highest-grossing single-location stores in the country, processing thousands of transactions per day, yet the majority remain locked out of ...
