Consumer Research
Ascend Wellness Partners with Cannabis Advocate for New Dispensary in New Jersey
NEW YORK – Ascend Wellness Holdings Inc. disclosed a partnership ...
Stiiizy Halts Sales at Catalyst Outlets as Leadership Clash Deepens
LOS ANGELES – Stiiizy, California's dominant Cannabis brand with a ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Recent developments in the Cannabis and psychedelics sectors point to a period of cautious optimism, marked by stock gains, legal battles, and innovative expansions. From property value boosts tied to legalization to ...
Case Study: Navigating Cannabis Tax Hikes in California & New Mexico
LOS ANGELES- In July 2025, cannabis operators in California and New Mexico woke up to another line item tightening their margins: higher excise taxes.California’s excise tax jumped from 15% to 19% — a 25% increase. ...
Opinion: Rolling Toward a Greener Future: The Case for Industrial Hemp Toilet Paper
LOS ANGELES–When most people think about sustainability, they imagine renewable energy, electric cars, or organic farming. I don’t know many who stop to consider the humble roll of toilet paper. But TP production has a ...
Consumers Demand Clean Label Cannabis, Survey Reveals
LOS ANGELES – A recent survey commissioned by XRPure has uncovered a strong consumer push for cleaner, safer Cannabis products. Conducted among 516 adults, the survey found that an overwhelming 91.7% believe medical Cannabis should ...
Cannabis Rescheduling Omitted from Cole’s Priorities, Raising Questions About Trump’s Stance
LOS ANGELES – In a surprising turn, newly appointed DEA administrator Terrance Cole has sidelined Cannabis rescheduling, despite pledging it as a top priority during his April 2025 Senate Judiciary Committee hearing. According to a ...
New York’s Licensing Blunder
NEW YORK – NY’s adult-use cannabis market, now boasting 436 licensed dispensaries [a 93-store increase since late 2024] has hit a snag. The Office of Cannabis Management (OCM) recently acknowledged a critical error in its ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
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 ...
Floridians Show Significant Support for Adult-Use Cannabis, Poll Finds
LOS ANGELES-- A recent survey conducted by the University of South Florida and Florida Atlantic University has revealed that a substantial majority of Floridians are in favor of legalizing adult-use cannabis, with a significant portion ...
Psyched Wellness Secures $4.5 Million in Second Tranche of Financing, Aims to Expand Amanita Muscaria Product Line
LOS ANGELES-- Psyched Wellness Ltd., A player in the functional mushroom sector, has successfully closed a second tranche of its non-brokered private placement, securing gross proceeds of $4.5 million, as per the company's recent announcement. ...
New York Opens the Door for Established Cannabis Operators to Enter the Adult-Use Market
NEW YORK-- In a significant move that could reshape the cannabis landscape in New York, state regulators voted on Tuesday to permit existing medical cannabis operators to apply for adult-use retail licenses. This decision potentially ...
Amsterdam’s Cannabis Tourism Dwindles, Paving the Way for New Global Hotspots
LOS ANGELES-- In a significant shift, Amsterdam, which has long been a hub for cannabis tourism, is recalibrating its stance on the industry amid rising concerns over crime and public disorder. This change is not ...
Filament Health Partners with Reset Pharma to Explore Psychedelic-Based Treatment for Cancer Patients
LOS ANGELES-- In a significant development in the burgeoning field of psychedelic medicine, Filament Health, a publicly traded company, has entered into a licensing agreement with biotech firm Reset Pharmaceuticals Inc. The collaboration aims to ...
Colorado’s Natural Medicine Division to Host Listening Sessions on Psychedelic Legalization Rollout
LOS ANGELES-- In a move to foster community engagement and gather diverse perspectives, the Colorado Natural Medicine Division, operating under the Department of Revenue, has announced a series of "listening sessions" scheduled throughout September and ...
Cannabis Legalization in Texas: A Complex Landscape Rooted in Tradition and New Perspectives
DALLAS- In the midst of a nationwide shift towards the acceptance of cannabis use, Texas remains a bastion of resistance, holding firmly to its stringent regulations surrounding the substance. As the nation grapples with evolving ...
California Poised To Be Third U.S. State to Decriminalize Psychedelics
LOS ANGELES–California is poised to become the third state in the nation to decriminalize the use of psychedelics, following the State Assembly's recent approval of a bill. This legislation would grant individuals aged 21 and ...
Building a Robust Brand: A Blueprint for Success in the Cannabis Industry
LOS ANGELES-- In a rapidly evolving market, cannabis companies are urged to adopt a nuanced approach to brand building, harmonizing seasoned cannabis expertise with established business principles to foster growth and sustainability. Steve Goldner, a ...
Cannabis ETF MSOS Skyrockets Following HHS Rescheduling Recommendation; Valuations Surge
NEW YORK— The cannabis industry has witnessed unprecedented growth in recent years, and the latest surge comes on the heels of a groundbreaking announcement by the U.S. Department of Health and Human Services (HHS). The ...
California Poised To Be Third U.S. State to Decriminalize Psychedelics
LOS ANGELES–California is poised to become the third state in the nation to decriminalize the use of psychedelics, following the State Assembly's recent approval of a bill. This legislation would grant individuals aged 21 and ...
North Carolina’s Eastern Band of Cherokee Indians Votes to Advance Cannabis Reform
LOS ANGELES-- In a significant move that could potentially reshape the cannabis landscape in North Carolina, the Eastern Band of Cherokee Indians (EBCI) has voted in favor of advancing cannabis reform within their territory. The ...
Cannabis Legalization Linked to Decline in Youth Treatment Referrals, New Studies Suggest
LOS ANGELES-- Recent data published in the Journal of Addiction Medicine indicates a decline in cannabis treatment referrals for young individuals following the legalization of the substance. The study, conducted by researchers at Temple University, ...
California Joins Growing List of States Reevaluating the Legal Status of Psychedelic Substances
LOS ANGELES-- In a significant legislative move, California lawmakers have granted final approval to a bill that seeks to decriminalize the personal possession and use of psilocybin mushrooms and several other plant-based psychedelics, including DMT ...
NY Cannabis Licensing Stalled Amid Legal Disputes
LOS ANGELES -- in a recent development that adds to the ongoing complexities surrounding the launch of licensed businesses in New York's adult-use cannabis market, Albany County Supreme Court Judge Kevin R. Bryant has reversed ...
Cannabis Workers Seal Landmark Deal in Illinois
LOS ANGELES-- In a significant development in the burgeoning cannabis industry, workers at three Rise dispensaries in Illinois have successfully ratified their inaugural collective bargaining agreement. Rise, a subsidiary of the multi-state operator Green Thumb ...
US Senator Promises Hearing on Cannabis SAFE Banking in Next Six Weeks
WASHINGTON, D.C.–In a significant development for the cannabis industry and investors, Senate Banking Committee Chairman Sherrod Brown (D-OH) announced on Monday that he has engaged in discussions with Majority Leader Chuck Schumer (D-NY) concerning the ...
Maryland’s Blossoming Cannabis Market Navigates Growth and Controversy Amidst Federal Scrutiny
LOS ANGELES-- In a burgeoning market, Maryland's cannabis sector has reported a robust $91.4 million in sales this August, marking the state's second month of commercial adult-use retail, according to data from the Maryland Cannabis ...
California’s 2024 Ballot Initiative: A Turning Point for Psychedelic Mushroom Legalization?
LOS ANGELES-- In a bold move that could potentially reshape the legal landscape surrounding psychedelic substances in California, activists are rallying to introduce a question concerning the legalization of psychedelic mushrooms on the 2024 ballots. ...
Europe Contemplates Multidisciplinary Advisory Body to Steer the Future of Psychedelic Therapy
LOS ANGELES-- In a proactive move to integrate psychedelic therapy into the European healthcare landscape, the European Psychedelic Access Research and European Alliance (PAREA) is advocating for the establishment of a multidisciplinary advisory body. This ...
Cresco Labs Partners with Spotify in a Campaign to Amplify Sunnyside Dispensaries’ Presence in Illinois
LOS ANGELES-- In a groundbreaking collaboration, Cresco Labs, a Chicago-based cannabis company, has embarked on a pioneering advertising campaign with Spotify, the popular music streaming platform boasting over 220 million subscribers. This partnership marks a ...
Maine Cannabis Regulators Propose User-Friendly Guidelines to Boost Industry Growth
LOS ANGELES-- In a bid to foster a more user-friendly environment for cannabis consumers and businesses alike, Maine regulators are contemplating a significant overhaul of the existing cannabis regulations, a move that could potentially reshape ...
Ohioans Show Strong Support for Adult-Use Cannabis Legalization Ahead of Upcoming Ballot Initiative
OHIO– A recent poll conducted by Fallon Research has revealed that a significant majority of Ohio residents are in favor of the forthcoming ballot initiative to legalize adult-use cannabis. The survey, which underscores the shifting ...
A Groundbreaking Confluence of Music and Cannabis in Illinois
LOS ANGELES– In a groundbreaking development for both the music and cannabis industries, the inaugural Miracle in Mundelein music festival is set to become Illinois' first state-approved cannabis consumption event. Scheduled for September 9-10, the ...
Colorado’s Path to Psychedelic Regulation: Community Listening Sessions Announced
LOS ANGELES-- In a proactive move to foster community engagement and inclusivity, the Colorado Natural Medicine Division has announced a series of "listening sessions" scheduled throughout September and October. These sessions are designed to involve ...
