Consumer Research
Opinion: Lean In? Sometimes You Have To Lean Out
LOS ANGELES- For years, women have been told that if ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Investors and operators tuned in closely over ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — ...
Organigram Reports Q3 FY2025 Financial Results
TORONTO – Organigram Global Inc. announced record financial results for its third quarter of fiscal 2025, ending June 30, 2025. The company achieved significant growth in revenue and adjusted EBITDA, driven by strategic acquisitions and ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
BREAKING: Trump Signals Possible Cannabis Reclassification Within Weeks
LOS ANGELES- President Donald Trump said Monday that his administration is actively considering shifting Cannabis to a lower-risk category under federal law — a move that could have sweeping implications for the industry. Speaking at ...
Snoop Dogg’s Death Row Cannabis Enters Ohio Market
COLUMBUS – Death Row Records Cannabis, the Cannabis brand launched by rapper and entrepreneur Calvin Cordozar Broadus Jr., commonly known as Snoop Dogg, has expanded into Ohio through a partnership with Pure Ohio Wellness. This ...
Trump Considers Shift in Federal Cannabis Rescheduling
LOS ANGELES – President Donald Trump is exploring a move to reclassify Cannabis from Schedule I to Schedule III under federal law, according to a report from The Wall Street Journal. The potential policy shift, ...
Canadian Cannabis Sales Set New Monthly Record, Rising to C$426.6 Million in June
TORONTO— Statistics Canada's recent report reveals a burgeoning cannabis market, with June retail sales reaching a record C$426.6 million, marking a 2.6% uptick from May's slightly revised C$415.7 million. The surge, which equates to 6.0% ...
Psilera Gains U.S. Patent Approval for Next-Gen Mental Health Treatment Solutions
LOS ANGELES-- In a move that underscores the shifting landscape of mental health therapy, Tampa-based biopharmaceutical company Psilera announced on Wednesday that it has received a notice of allowance from the U.S. Patent and Trademark ...
U.S. Cannabis Industry: Growth and Puzzles Across States
LOS ANGELES— The cannabis landscape in the U.S. is rapidly shifting, with each state crafting its narrative. From Maryland's remarkable entry to Michigan's booming market, Illinois's unique challenges, and Colorado's stellar tax earnings, the industry's ...
Maryland’s Recreational Cannabis Sales Surge Amid Varied Growth Across U.S. States
LOS ANGELES – Maryland's newly launched recreational cannabis market is already generating waves in the industry, boasting sales of $87.3 million in its inaugural month of July 2023. Despite the robust figures, a report from ...
Idaho Pushes to Introduce Medical Cannabis Amid Broader Regional Shift
LOS ANGELES— As the broader Pacific Northwest embraces cannabis legalization, Idaho remains a notable holdout. But Kind Idaho, an advocacy group, is undeterred, seeking to introduce medical cannabis in the state. In Idaho, where no ...
Ohio Governor and Health Officials Voice Opposition to Cannabis Legalization
LOS ANGELES — As Ohio inches closer to a potential shift in its stance on adult-use cannabis, significant opposition emerges from top state officials. Last week, Governor Mike DeWine (R) expressed his dissent, stating to ...
Quebec’s Cannabis Retail Landscape: The Struggles and Future Possibilities
TORONTO — While corner shops selling recreational cannabis have become a familiar sight in most major Canadian cities since its legalization five years ago, the landscape appears significantly different in Quebec. Toronto, Canada’s largest city, ...
New Mexico Appoints Colorado Cannabis Expert to Lead Regulatory Division
LOS ANGELES—In a move reflecting the growing significance of the cannabis industry in the Southwest, New Mexico's Cannabis Control Division has named Todd Stevens, a seasoned professional from Colorado's expansive cannabis market, as its next ...
Tilray Brands Expands into Alcoholic and Cannabis Beverages with Major Acquisitions
NEW YORK-- In a strategic move to diversify its portfolio, Tilray Brands, one of the world's largest cannabis companies, is broadening its reach into the alcoholic and cannabis beverage sectors. The company has recently announced ...
Filament Health Refiles Q2 Financial Results
LOS ANGELES-- Filament Health Corp. has refiled its second-quarter financial results for the period ending June 30, 2023, following an initial filing on May 12, 2023. The revision was necessitated by changes in the accounting ...
Greenlight Expands Cannabis Operations with New Acquisitions
LOS ANGELES-- In a significant move within the burgeoning cannabis industry, multistate operator Greenlight announced on Monday its acquisition of an operating recreational and medical dispensary in Las Vegas and an 18,000-square-foot cultivation facility in ...
Women Leaders In Cannabis Gather in San Diego for BLUNT BRUNCH
SAN DIEGO-Women leaders in cannabis recently gathered for the Blunt Brunch networking series, held this time in sunny San Diego. The event showcased attendees seen here preparing for a group photo in this short video ...
COMPASS Pathways Secures $285 Million in Private Funding
LONDON, England–COMPASS Pathways plc, (Nasdaq: CMPS) a London-based company listed on Nasdaq under the ticker CMPS, announced it has successfully secured $285 million in private funding. This funding is intended to advance the company's efforts ...
Organigram Holdings Secures Supply Agreement for UK Medical Cannabis Market
LOS ANGELES — Organigram Holdings, a Canadian licensed producer, has entered into a supply agreement with 4C Labs, a UK-based medical cannabis cultivator and digital healthcare provider. The partnership aims to provide dried medical cannabis ...
Missouri’s Cannabis Programs Under Audit for Accountability and Transparency
LOS ANGELES-- Missouri's Auditor, Scott Fitzpatrick, has initiated a comprehensive investigation into the state's medical and adult-use cannabis programs. The probe, as reported by KCTV, aims to ensure that these programs are operating within legal ...
COMPASS Pathways Announces Up to $285 Million Private Placement Financing
LONDON, UK-- COMPASS Pathways plc (CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced that it has entered into a securities purchase agreement with a select group ...
COMPASS Pathways Q2 2023 Financial Analysis
LOS ANGELES-- COMPASS Pathways, a biotech firm in the psychedelic medicine sector, has been under the spotlight since its inception. This year, the company's trajectory remains robust, as evidenced by its recent financial report and ...
Hydrofarm Holdings Group Reports Q2 2023 Financial Results
LOS ANGELES— Hydrofarm Holdings Group, Inc. an independent manufacturer and distributor of hydroponics equipment and supplies for controlled environment agriculture, unveiled its financial results for the second quarter Key Takeaways from Q2 2023: Net Sales: ...
US Cannabis Operator Tilt Holdings Delists Social Equity Brands
NEW YORK- Black Buddha Cannabis, a brand founded by Roz McCarthy, who also serves as the CEO of Minorities for Medical Marijuana Inc., has unexpectedly found itself severed from its partnership with Tilt Holdings (NEO: ...
CBD, Hemp, Medical Cannabis? Navigating Texas’ Evolving Cannabis Landscape
AUSTIN-Cannabis and hemp, derived from the same plant, can be hard to tell apart by sight or smell. But their legal paths are quite different: hemp is legal, while cannabis is still illegal. In 2019, ...
Florida Lawmakers Consider Revisiting THC Limits in Hemp Products in 2024
LOS ANGELES — Florida's hemp industry, which was previously alarmed by a proposal to set limits on THC in hemp-derived products, may need to brace itself again. Lawmakers behind the shelved proposal indicated Wednesday they might ...
WM Technology Announces Q2 2023 Financial Results and Projects Q3 Performance
NEW YORK — WM Technology, Inc., a technology and software infrastructure provider for the cannabis industry, released its Q2 2023 financial results, showing certain key shifts in their business performance. Doug Francis, Executive Chair of ...
Missouri Auditor Launches Probe into State’s Cannabis Programs
NEW YORK-- Scott Fitzpatrick, the Missouri State Auditor, has initiated a comprehensive investigation into the state’s adult-use and medical cannabis programs. This move aims to ensure the adherence of these programs to legal standards, KCTV ...
Curaleaf Holdings Inc. Reports Q2 2023
NEW YORK — Curaleaf Holdings Inc., a global provider of consumer cannabis products, has released its Q2 2023 financial results. The company has reported a 4% year-over-year revenue growth, totaling $339 million, amidst a dynamic ...
Neptune Wellness Solutions Posts Q1 2024 Financial Results
NEW YORK - Neptune Wellness Solutions Inc. a consumer-packaged goods company emphasizing plant-based and sustainable lifestyle brands, reported its financial and operational results for the quarter ending June 30, 2023. Key takeaways from the report ...
