Consumer Research
Deutsche Bank AG Initiates Coverage of AtaiBeckley
NEW YORK – Deutsche Bank AG has begun formal research ...
Vlasic Labs CBD Products Qualify for CMS Medicare Pilot Program
BLOOMFIELD HILLS – Vlasic Labs announced that its cannabidiol product ...
Organigram Strikes Deal to Acquire Sanity Group
TORONTO-BERLIN – Organigram Global Inc. has signed a definitive agreement to purchase the remaining shares of Berlin-based Sanity Group GmbH that it does not already hold. The transaction builds on Organigram's earlier minority stake and ...
Innovia Consulting Acquires 365 Cannabis
ONALASKA – Innovia Consulting, a longtime provider of Microsoft Dynamics 365 Business Central services, has acquired 365 Cannabis along with its sister entity 365Vertical. The deal brings in two Microsoft partners that focus on customized ...
New 2026 Farm Bill Draft Targets Industrial Hemp Burdens
WASHINGTON – House Agriculture Committee Chairman Glenn Thompson (R-PA) introduced a new Farm Bill draft (Farm, Food, and National Security Act of 2026), proposing changes that would ease certain federal requirements for industrial hemp growers. ...
Who Will Decide Cannabis Legalization? The Math Will.
LOS ANGELES -For decades, Cannabis reform in the United States has moved unevenly—state by state, ballot by ballot, crisis by crisis. On paper, federal prohibition still stands, and national politics remain polarized. But economically and ...
Canopy Growth Locks in Debt Overhaul, Gears Up for Expansion
TORONTO – Canopy Growth Corp. detailed a pair of financial maneuvers aimed at shoring up its books and clearing a path for expansion. The deals, which include a new $150 million U.S. term loan and ...
U.S. Hempcrete Market Set for Steady Rise to $10.6B by 2033
LOS ANGELES – The market for hempcrete, a lightweight composite material derived from the woody core of the hemp plant, stands at $7.83 billion this year and could reach $10.6 billion by 2033. That trajectory ...
From $700 Million Unicorn to Fire-Sale Exit: What the Eaze–Vireo Deal Says About California Cannabis
LOS ANGELES- When Eaze first burst onto the scene, it was marketed as the “Uber of Cannabis”—a tech-enabled delivery platform that promised to professionalize and scale legal access across California. At its peak, Eaze ...
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, ...
Cannabis Companies Can Save Millions With One Tax Code Section
LOs ANGELES --At cannabis accountants, 420CPA, they like to highlight cutting-edge advisors we work with closely. Here’s a recent article from Bloomberg.com by Michelle Mabugat and Zackary Nolan of the L.A. law firm Greenberg Glusker. The piece ...
Kansas Advocates Push for Medical Cannabis Legalization
LOS ANGELES- In a recent online meeting, advocacy groups in Kansas intensified their call for the legalization of medical cannabis, highlighting personal stories and the urgency for legislative action. The meeting, originally planned as a ...
Review: Beard Bros Friday Sesh Live Event: Los Angeles
LOS ANGELES-The Beard Bros Pharms Friday Sesh Live event held in the scenic confines of an undisclosed venue by the sea in Malibu was an immersive dive into the heart of California's cannabis industry. Despite ...
Psyence Biomedical Merges with Newcourt, Listing and Raising US$10 Million for Clinical Trials
LOS ANGELES- Psyence Biomedical Ltd. a subsidiary of Psyence Group Inc, has successfully completed a merger with Newcourt Acquisition Corp (“Newcourt”), a special purpose acquisition company. This business combination, which received approval from Newcourt’s stockholders ...
Federal Investigation Uncovers Lax Pharmaceutical Practices in Trump’s White House Medical Unit
LOS ANGELES- A recent federal investigation has unearthed troubling findings regarding the White House Medical Unit's handling of prescription drugs during the Trump administration. The Department of Defense's 80-page report, released on January 8, reveals ...
Canopy Growth Secures US$35 Million in Private Placement to Bolster Liquidity and Reduce Debt
LOS ANGELES – Canopy Growth Corporation, a player in the cannabis industry, has announced an upsized private placement deal that aims to fortify the company's financial standing. The agreement, confirmed on January 18, 2024, involves ...
M&A in Cannabis: A Guide for Buyers and Sellers
Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021, and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers ...
DankCan Dispensary: A Comprehensive Cannabis Retailer Turnaround in Michigan
Introduction: The Challenge The market began to mature, after the first few years of operations, and they were unprepared for what was to come. Market prices for retail cannabis dropped due to competition as many ...
A 39-Item Tax and Accounting Year-End Checklist for Your Small Business
Keeping your accounting records up to date all year long is essential for any business so you can see exactly where your business stands and be able to make thoughtful decisions based on clean numbers. ...
Transfer Pricing Is an Often-Overlooked Necessity in Cannabis
Cannabis industry participants face a tough battle under a litany of regulations that may not change much in the near future. Transfer pricing rules must be considered and acted on properly to avoid even more ...
Broad Support in Canada for Psilocybin Use in Palliative Care, New Study Reveals
LOS ANGELES — A recent Canadian study, published in the medical journal Palliative Medicine, has revealed significant public support for the use of psilocybin, a psychedelic compound, in treating existential dread among end-of-life patients. Conducted by ...
Maine Considers Legalizing Cannabis Social Clubs Amid Public Health Concerns
LOS ANGELES- Maine legislators are currently deliberating on a significant bill that could pave the way for the establishment of cannabis social clubs and authorize on-site consumption at dispensaries. This initiative, highlighted in a recent ...
PharmAla Launches “MDXXF” Ticker Amid MDMA Research
LOS ANGELES- PharmAla Biotech Holdings Inc., a biotechnology company specializing in the research, development, and manufacturing of novel MDMA derivatives (MDXX class molecules), has announced the introduction of its new OTC ticker symbol, "MDXXF." This ...
FinCEN’s Corporate Transparency Act Has Arrived
NEW YORK- Enacted by Congress in 2021, the Corporate Transparency Act (CTA) went into effect on January 1, 2024 and affects more than 30 million American small businesses1 and many smaller foreign companies doing business ...
Organigram Advances in Cannabis Market with Strategic British American Tobacco Investment
LOS ANGELES- Organigram Holdings Inc., a significant player in the cannabis industry, has successfully closed the first tranche of a substantial investment from British American Tobacco's subsidiary, BT DE Investments Inc. This move marks a ...
Ohio Cannabis Market Faces Challenges Amid Optimism for Adult-Use Expansion
LOS ANGELES- Ohio's medical cannabis market, one of the nation's most strictly regulated, showed signs of plateauing in 2023, with an increase of just 1.2% in annual sales compared to the previous year. This marks ...
New Jersey Moves Forward with Cannabis Consumption Lounge Regulations
LOS ANGELES- The New Jersey Cannabis Regulatory Commission (CRC) is taking significant strides in the realm of cannabis consumption with the unanimous approval of regulations for consumption lounges, a pivotal development in the state's cannabis ...
Revive Therapeutics Announces $3 Million Private Placement for Clinical and Operational Advancements
Revive Therapeutics Ltd. a prominent player in the biopharmaceutical sector, has recently announced its plan to initiate a significant private placement to fuel its ongoing and future projects. This strategic move, aimed at garnering up ...
Indiana Residents Lean Toward Cannabis Legalization, New Poll Indicates
LOS ANGELES- As Indiana's legislators convene for a new session, the topic of cannabis legalization takes a prominent place in the agenda, bolstered by recent findings from the 2023 Hoosier Survey. Conducted by the Bowen ...
Study: Medical Cannabis Associated With Symptom Improvements In Patients With Major Depressive Disorder
ESSEN, Germany- A new study published in The Journal of Pharmacopsychiatry, reveals a link between the use of medical cannabis products and decreased levels of depression. German researchers investigated the use of medical cannabis in ...
Red Light Holland Advances in Psilocybin Microdosing Capsules for Australasian Market
NEW YORK – Red Light Holland Corp., a leader in the production and distribution of functional mushrooms and psilocybin truffles, has announced significant progress in the development and distribution of its natural psilocybin microdosing capsules. ...
Governor Hochul’s Budget Proposes Key Changes in Cannabis Taxation and Enforcement
NEW YORK– In a significant move towards reforming cannabis policy in New York, Governor Kathy Hochul has introduced pivotal elements in her Fiscal Year 2025 budget that could reshape the landscape of the cannabis industry ...
AlphaFold: AI’s Role in the Future of Psychedelic Drug Development
LOS ANGELES- In the realm of pharmaceutical research, a groundbreaking approach is being adopted in the United Kingdom, where researchers are utilizing AlphaFold, an advanced artificial intelligence tool, to develop new psychedelic drugs potentially useful ...
Michigan’s Cannabis Industry: Balancing Growth and Regulation in a Booming Market
LOS ANGELES- Michigan's cannabis market has witnessed a remarkable surge, with adult-use and medical cannabis sales reaching a staggering $3.6 billion in 2023. This growth represents a 30% increase from the previous year, surpassing the ...
Pioneering the Future of Concussion Management: NFL and University of Regina Partner in Groundbreaking CBD Study
LOS ANGELES- In an era where concussion management is a paramount concern in sports, a revolutionary collaboration between the National Football League (NFL) and the University of Regina is making headlines. The partnership, aimed at ...
