Consumer Research
U.S. Hempcrete Market Set for Steady Rise to $10.6B by 2033
LOS ANGELES – The market for hempcrete, a lightweight composite ...
New York State OCM Updates Medical Cannabis Program, Expands Access for Out-of-State Patients
ALBANY – Governor Kathy Hochul signed a bill into law ...
New Brunswick Government Bets on Organigram with $2M Grant
MONCTON – Organigram Global Inc. has secured $2 million in ...
Alcohol Trade Group Welcomes Hemp-Derived THC Beverage Maker as First in Category
WASHINGTON – The Wine & Spirits Wholesalers of America (WSWA), a key advocacy organization for the beverage alcohol distribution sector, has accepted CannaBuzz, a Kentucky-based producer of hemp-derived THC drinks, as its inaugural associate member ...
Verano Secures $75M Credit Agreement
CHICAGO – Verano Holdings Corp. has finalized a $75 million revolving credit facility, drawing $50 million immediately to pay down higher-cost debt and leaving $25 million on tap for future needs. The deal, arranged by ...
EU Releases Cannapol Toolkit to Aid Member States in Crafting Adult-Use Cannabis Rules
BRUSSELS – The European Union Drugs Agency (EUDA) unveiled the Cannapol toolkit, a set of resources intended to help national governments build regulated markets for recreational Cannabis. Developed over months of consultation with experts and ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
LEEF Brands Reports Q2 2025 Financial Results
VANCOUVER – LEEF Brands Inc. disclosed its second-quarter financials, showing steady revenue gains offset by squeezed margins and ongoing losses. The company reported $8.7 million in revenue for the period ended June 30, a 10% ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Cannabis Stocks Surge After Trump Champions CBD for Seniors — But Is It Another False Dawn?
LOS ANGELES- Cannabis and hemp company shares surged Monday after President Donald Trump publicly endorsed cannabidiol (CBD) as a potential game changer for senior healthcare. His remarks, shared on Truth Social, called for CBD to ...
Cracking the Code to California Cannabis Success: Anaheim Hosts Market Spotlight on October 8
LOS ANGELES- California is the largest Cannabis market in the world, setting trends that shape global culture, regulation, and business strategy. On October 8, 2025, leaders from across the industry will gather in Anaheim for ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up September 2025, it's clear the U.S. Cannabis sector is buzzing with a mix of encouraging expansion signs and sobering challenges, ranging from record-breaking sales in emerging markets to the frustrating ...
Massachusetts Cannabis Firms Challenge Federal Prohibition in Suit Against U.S. Attorney General
NEW YORK— A consortium of Massachusetts-based cannabis companies have taken the unprecedented step of suing U.S. Attorney General Merrick Garland over the federal prohibition of cannabis. The plaintiffs argue that these laws not only infringe ...
Canadian Psychedelics Startups Form Strategic Partnership Ahead of Potential MDMA Legalization in 2024
NEW YORK — With the Canadian government anticipated to greenlight MDMA-assisted therapy in 2024, two pioneering Alberta-based companies are proactively paving the way for a broader acceptance of psychedelic therapies. ATMA Journey Centers and Cena ...
Rhode Island Sets New Monthly Record with $7.11M in Adult-Use Cannabis Sales
LOS ANGELES- Rhode Island's adult-use cannabis market continues its upward trajectory, hitting a new monthly sales record of $7.11 million in September. This surge in sales has placed the state back on course to meet ...
Massachusetts Cannabis Companies Challenge Federal Prohibition in Lawsuit Against U.S. Attorney General
LOS ANGELES- A coalition of Massachusetts-based cannabis businesses has initiated legal proceedings against U.S. Attorney General Merrick Garland, presenting a strong case against the current federal cannabis prohibition. The litigants argue that the said prohibition ...
Alberta Psychedelics Startups Collaborate Ahead of Expected MDMA Legalization in Canada
LOS ANGELES- Two emerging Alberta-based psychedelics startups, ATMA Journey Centers and Cena Life, are forging a partnership in anticipation of the potential legalization of MDMA-assisted therapy in Canada come 2024. The strategic alliance aims to ...
Cresco Labs Finalizes Sale of Arizona Cannabis Operation and Secures New York Mortgage
CHICAGO– In a recent move aligning with its strategic vision of optimizing its portfolio, Cresco Labs Inc., a prominent figure in branded cannabis products, has finalized the sale of its singular licensed Arizona operation, "Encanto", ...
Goodblend Pennsylvania LLC Ordered to Pay $15.5 Million and Vacate Pittsburgh Property
NEW YORK - Atlanta-based multistate operator Parallel's subsidiary, Goodblend Pennsylvania LLC, a medical cannabis grower, has been directed by an Allegheny County Court to vacate its Pittsburgh facility and pay $15.5 million. The decision comes ...
Curaleaf Holdings Inc. Aims for Listing on the Toronto Stock Exchange
NEW YORK – Curaleaf Holdings Inc., a dominant player in the global cannabis consumer products arena, has taken a definitive step towards expanding its reach by filing an application to list its subordinate voting shares ...
Idaho Pushes Forward on Medical Cannabis Initiative Amidst Surrounding States’ Relaxed Laws
LOS ANGELES— As the drive for medical cannabis intensifies nationwide, Idaho finds itself as an island of resistance in a sea of relaxed cannabis regulations. Kind Idaho, a determined advocacy group, is fervently seeking to ...
Switzerland Greenlights First Legal Cannabis Dispensaries in a Milestone for European Policy
LOS ANGELES— In a landmark move that signifies a significant departure from traditional European cannabis policies, Switzerland's Federal Office of Public Health has given its nod to the establishment of the continent's first legal adult-use ...
Golden Roots Faces License Revocation and Hefty Fines in New Mexico Over Cannabis Regulation Violations
ALBUQUERQUE — New Mexico regulatory authorities have dealt a significant blow to Albuquerque's cannabis industry, revoking the license of local firm Golden Roots and imposing a nearly $300,000 fine. This punitive action is the result ...
Washington State Suspends True Northwest Lab’s Quality Assurance Certification
WASHINGTON STATE — State regulators announced a suspension on the quality-assurance certification of the Olympia-based testing lab, True Northwest, after multiple concerns arose regarding the lab's testing reliability and operational procedures. In an official statement, ...
Cannabis and the Workplace: A Changing Paradigm
LOS ANGELES- In a recent survey, compelling insights were unveiled concerning the changing attitudes and behaviors of individuals towards cannabis consumption, emphasizing its medicinal applications and subsequent implications in the professional arena. Key Insights: Usage ...
Bipartisan Cannabis Reform Takes Center Stage Again in Congress
LOS ANGELES- Rep. Nancy Mace (R-S.C.) has reintroduced federal cannabis reform to the forefront, two years after she became a prominent Republican voice on the matter. On October 24, Mace unveiled a new cannabis legalization ...
Debunking Fentanyl and Cannabis Misconceptions
NEW YORK- The New York Office of Cannabis Management (OCM) has released a comprehensive report addressing the widespread misinformation suggesting that cannabis is being contaminated with fentanyl. This misinformation has been perpetuated through various channels, ...
Oregon Cannabis Associations Merge Amidst Industry Challenges
LOS ANGELES- In a significant development within Oregon's cannabis sector, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon have decided to merge. The boards of both organizations approved this union last week, ...
Beckley Psytech Begins Landmark Phase IIb Study on Novel Intranasal 5-MeO-DMT Formulation for Treatment Resistant Depression
LOS ANGELES- In a significant development for the field of neuropsychiatric treatment, Beckley Psytech Ltd, a leading clinical-stage biotechnology firm, announced today the initiation of its international Phase IIb study on BPL-003. This novel synthetic ...
New Mexico Tax Department Pursues Over 100 Cannabis Firms for Delinquent Taxes
LOS ANGELES- The New Mexico Department of Taxation and Revenue announced an enforcement drive on Wednesday, highlighting that over 100 cannabis license holders in the state have failed to meet their tax obligations. According to ...
Exploring Rick Simpson Oil: A Practical Perspective
LOS ANGELES-Many years ago, a family sought my assistance concerning a sibling diagnosed with prostate cancer. This brother staunchly rejected conventional treatments like chemotherapy, radiation, surgery, and injections. He believed, with unwavering determination, that a ...
The Rise and Debate of Delta-8 THC: Understanding the Controversy
LOS ANGELES- Delta-8-Tetrahydrocannabinol (delta-8 or ∆8-THC) is making headlines as its popularity soars, primarily due to federal regulations that ambiguously classify it. Resembling the more commonly known Delta-9-Tetrahydrocannabinol in structure and effect, this lesser-known cannabinoid ...
Aurora Cannabis Settles Patent Litigation with Willow Biosciences
TORONTO — Aurora Cannabis, the Alberta-based licensed producer, has finalized a confidential settlement with Willow Biosciences over a previously ongoing patent litigation that began in July 2021. The specific terms and conditions of the settlement ...
Cybin Inc. and Small Pharma Join Forces in a Milestone Psychedelic Therapeutics Acquisition
LOS ANGELES- In a notable merger move in the psychedelic therapeutics landscape, Small Pharma Inc. has received the green light from the Supreme Court of British Columbia for its acquisition by Cybin Inc. This all-stock ...
4Front Ventures Secures Credit Agreement, Issues RSUs
PHOENIX — 4Front Ventures Corp., a prominent multi-state cannabis operator and retailer, declared on [Date] the issuance of restricted stock units (RSUs) linked to its newly established $10-million senior secured credit facility agreement. The Phoenix-based ...
Major Corporations Lobby for Cannabis Banking Reforms
NEW YORK — An analysis of recent Congressional lobbying disclosures has unveiled that prominent corporations like Bank of America, Mastercard, and GlaxoSmithKline, among others, are now lobbying for cannabis banking reform. The spotlight has been ...
Ayr Wellness Dispensary in Las Vegas Joins Growing Trend of Cannabis Unionization
LAS VEGAS — Workers at a Las Vegas cannabis store, known as The Dispensary and operating under the Ayr Wellness brand, have elected to unionize with the United Food and Commercial Workers Union (UFCW) Local ...
