Consumer Research
Vireo Growth Completes Schwazze Assets Acquisition
MINNEAPOLIS – In a move that instantly reshapes the competitive ...
CMS Finalizes Rule for Medicare CBD Coverage Pilot
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) ...
Missouri Cannabis Sales Hit Record $1.5B in 2025
JEFFERSON CITY – Missouri's regulated Cannabis market posted its strongest ...
MSOS ETF Rally Hints at Bigger Gains Ahead, Zuanic Report Finds
LOS ANGELES – A recent report from equity research firm Zuanic & Associates outlines substantial financial gains for U.S. MSOs if federal regulators shift Cannabis to Schedule III status, with savings potentially exceeding hundreds of ...
Organigram Reports Q4 2025 Financial and Full Fiscal Year Results
TORONTO – Organigram Global Inc. released its record Q4 and fiscal 2025 results, showing substantial gains in revenue and profitability metrics despite a quarterly net loss tied to one-time charges. For the fourth quarter, gross ...
The Supreme Court Declines to Resolve Federal Cannabis Prohibition—And the Silence Speaks Volumes
WASHINGTON, D.C. – In its December Orders List, the U.S. Supreme Court declined to hear a case that many hoped would finally force a reckoning between federal Cannabis prohibition and state-legal markets. By declining review, ...
Manitoba Cannabis Sales Accelerate, Leaving Liquor in the Rearview
WINNIPEG – Cannabis revenues in Manitoba posted double-digit gains, handily surpassing liquor sales and underscoring the steady climb of the province's legal Cannabis trade. Manitoba Liquor & Lotteries, the corporation charged with distributing both products, ...
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
Grown Rogue Claims Ground in Minnesota
MINNEAPOLIS – Grown Rogue International Inc., a Сannabis MSO focused on premium flower, has signed a long-term lease for a 109,000-square-foot facility in Fridley, just north of Minneapolis, positioning the company to produce for the ...
New Mexico Speeds Up Psilocybin Therapy Access
SANTA FE – State health leaders in New Mexico outlined plans this week to open a regulated psilocybin therapy program by the close of 2026, advancing the timeline a full year from the original statutory ...
Stiiizy Expands California Retail Network Buying 12 Gold Flora Outlets
LOS ANGELES – Stiiizy, the dominant player in California's Cannabis retail, has taken control of 12 former Gold Flora dispensaries in a $25 million court-approved transaction, marking a key step in the state's ongoing industry ...
PharmaDrug Announces Share Consolidation and Appoints New CFO
LOS ANGELES — PharmaDrug Inc, a pharmaceutical company, has made two significant announcements today. Firstly, it has detailed its upcoming share consolidation, and secondly, it has named a new Chief Financial Officer. Beginning October 24, ...
InterCure Responds to Israeli Security Crisis: Operations Impact and Company Commitment Highlighted
TEL AVIV — InterCure Ltd., operating as Canndoc, a medical cannabis firm in Israel and globally outside North America, today addressed the recent security situation in Israel and its repercussions on the company's operations ...
Tilray and Docklight Settle Dispute Over Bob Marley-Branded Cannabis Product Deal
LOS ANGELES- A legal battle between Tilray Brands Inc. and Docklight Brands concerning an agreement to market Bob Marley-branded cannabis products in Canada has come to a close. U.S. District Judge Tana Lin, located in ...
New York’s Legal Cannabis Sales Reach $83 Million in 2023
NEW YORK — Recreational cannabis sales in New York have hit the $83 million mark from the onset of 2023 through September 29, based on the latest preliminary data provided by the state's cannabis regulatory ...
Revive Therapeutics Partners with Canadian Defence Agency on Nerve Agent Treatment Research
TORONTO — Revive Therapeutics Ltd., a specialty life sciences firm dedicated to developing treatments for rare disorders and medical needs, announced today its collaboration with Defence R&D Canada – Suffield Research Centre (DRDC), an entity ...
Pharmaceutical Industry Faces Record-High Settlements Over a Decade, Report Shows
NEW YORK — A recent report has brought to light staggering numbers concerning financial settlements and penalties within the pharmaceutical sector. Published on Oct. 17 by ConsumerShield, the report reveals that over the past decade, ...
Cresco Labs Finalizes Sale of Arizona Operation and Secures Mortgage on New York Properties
CHICAGO — Cresco Labs Inc. has officially concluded the sale of its single licensed operation in Arizona to an affiliate of Mint Cannabis, marking another significant move in its strategic financial reshuffling. The sale, fetching ...
Germany Contemplates Cannabis Legalization Amid Mixed Responses
BERLIN — The German federal parliament is set to weigh in on a pivotal cannabis reform bill, marking a potential tectonic shift in the nation's stance on the plant. Championed by Chancellor Olaf Scholz, this ...
Psilocybin Shows Significant Potential in Mental Health Treatment, Study Reveals
LOS ANGELES- A groundbreaking study, recently published, has shed light on the profound implications of psilocybin use, especially in the realm of mental health. Demonstrating consistent reductions in depression, anxiety, and alcohol misuse, the research ...
Arizona Cannabis Sales Drop, But Annual Projection Remains Strong
LOS ANGELES-- Arizona's cannabis sales have experienced a significant downturn in 2023, with the lowest recorded sales in July. Nevertheless, annual projections for the state's cannabis market are optimistic and are still expected to parallel ...
Missouri-based Hwy35 Secures $22 Million Funding for Cannabis Facility in Minnesota
LOS ANGELES- As Minnesota joins the growing list of states legalizing adult-use cannabis, Missouri-based cannabis operator, Hwy35, is already laying down roots in the state with a significant $22 million funding boost from Minnesota state ...
Harvard University Embarks on Groundbreaking Study of Psychedelics
CAMBRIDGE- Harvard University, a name synonymous with academic excellence, is venturing into a new interdisciplinary field of study. The institution has announced the establishment of the Study of Psychedelics in Society and Culture, funded by ...
Canada Marks Five Years of Cannabis Legalization: A Look Back and Ahead
LOS ANGELES- October 17 marks a momentous occasion for Canada, as it celebrates the fifth anniversary of cannabis legalization, a pioneering move for an industrialized nation and one that has seen cannabis contributing roughly 0.5% ...
Cannabis and COVID-19: New Study Reveals Potential Benefits
LOS ANGELES- In the wake of the global pandemic, a novel study has shed light on the potential advantages of cannabis for those who contracted COVID-19. Published in the reputable CHEST Journal, the study suggests ...
Governor Gavin Newsom Faces a Crucial Decision on Psychedelic Decriminalization
LOS ANGELES- The movement to decriminalize psychedelics in California, a campaign spanning over six decades, stands at a pivotal juncture. SB58, the bill that seeks to decriminalize various natural psychedelics and pave the way for ...
Colombia Pivots Drug Policy Amid Global Changes
LOS ANGELES- In a bold move reflecting the changing landscape of the worldwide narcotics struggle, Colombia has introduced a fresh drug policy, signaling a significant departure from traditional enforcement-centered methods. President Gustavo Petro accentuated the ...
New York Extends Cannabis Licensing Application Deadline Amid Mounting Concerns and Legal Obstacles
NEW YORK- Amid a flood of applications and growing uncertainty from prospective cannabis entrepreneurs, New York’s Cannabis Control Board (CCB) has granted a two-week extension for cannabis business license applications. Originally slated to close on ...
Legal fights Surround Alabama’s Medical Cannabis Licensing Process
LOS ANGELES-The Alabama Medical Cannabis Commission (AMCC) finds itself amidst legal turbulence due to challenges related to its medical cannabis licensing process. Background: Verano Holdings Corp. recently took legal action against the AMCC, criticizing the ...
Maryland Judge Supports Hemp Producers Against Restrictive Licensing Scheme
LOS ANGELES-- In a significant ruling, a Maryland judge rejected a temporary restraining order against hemp producers, affirming that hemp products remained legal as per the provisions of the 2018 Farm Bill. The lawsuit was ...
Cybin and Small Pharma Seal the Deal with Shareholder Approval
LOS ANGELES-- In a recent development in the clinical-stage psychedelics sector, Canada's Cybin Inc. (CYBN) and the UK's Small Pharma Inc. (DMTTF) have made significant progress in their merger plans. Following their annual general and ...
Canadian Cannabis Act Faces Critical Review
NEW YORK— Following the implementation of the Cannabis Act in 2018, Health Canada's recently released "What We Heard Report" paints a complex picture of the nation’s adult-use cannabis industry. While the legalization of cannabis for ...
Colorado’s Cannabis Sales Show Decline Amid Oversupply and Economic Downturn
LOS ANGELES- Colorado's cannabis market, which has seen considerable growth since its initiation in 2014, is currently facing a decline, according to the latest sales report by the Colorado Department of Revenue (DOR). Highlights from ...
4Front Ventures Secures $10 Million Credit Facility to Amplify Illinois Operations
LOS ANGELES-- 4Front Ventures Corp. a multi-state, vertically integrated cannabis operator and retailer, has publicized its recent procurement of a $10 million senior secured credit facility agreement. The agreement is with ALT Debt II, LP, ...
FARRIS FORWARD: Your Guiding Light: 7 Steps to Create Core Values for Your Organization
LOS ANGELES–Welcome to Farris Forward, a new series of articles by Jon Farris exploring the intersection of strategy and leadership in the cannabis and psychedelics industries, or any industry where humans work. Read on: Navigating ...
FARRIS FORWARD: How to Unlock Your Passion: The Power of “Why”
LOS ANGELES–Welcome to Farris Forward, a new series of articles by Jon Farris exploring the intersection of strategy and leadership. In the difficult and fast-paced world of business, especially in cannabis, it's easy to get ...
