Consumer Research
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use ...
Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry
NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes ...
Hemp-Derived THC Beverages Are Booming as Cannabis Companies and Big Retail Jump In
NEW YORK- As federal cannabis reform remains stalled, a different ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
What You Need to Know About Cash Flow Management
NEW YORK- Every CFO and entrepreneur in Cannabis and Psychedelics needs to know that efficient cash flow management is essential in the cannabis industry, where companies face specific financial challenges. WELCOME Back to this fresh ...
Cansortium Completes Merger with RIV Capital
LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...
Psyence Biomed Completes $2 Million Private Placement
LOS ANGELES- Psyence Biomedical Ltd. , a biotechnology firm specializing in psilocybin-based psychedelic medicines, has finalized a private placement, securing approximately $2 million in gross proceeds. The financing involved the issuance of 1,000,000 common shares ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
Acreage Introduces Fast-Acting Gummies to The Botanist Offerings
NEW YORK - Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced the launch of “Fast-Acting Gummies” or “TiME Gummies” under its ...
CBD Gummies Market Size Growth Forecasts at 28.3% of CAGR during 2021 to 2028
New York - According to The Insight Partners, “CBD Gummies Market Size, Share, Growth, Trends and Global Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Sugar-Free and Conventional) and Distribution Channel (Specialty ...
Gold Flora Expands Jetfuel Cannabis Brand in California
COSTA MESA, Calif. - Gold Flora, a single-state cannabis company, announced the launch of the Jetfuel Cannabis brand of products throughout California, beginning with the introduction of strain-specific cured resin cartridges. Jetfuel has gained a ...
TerrAscend Closes on Acquisition of High-Performing Dispensary in Maryland
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced the closing of its previously announced acquisition of Allegany Medical Marijuana Dispensary ("AMMD"), a medical dispensary in Cumberland, Maryland. Under ...
Akerna Corp. Announces Merger with Gryphon Digital Mining and Sale of Software Business to POSaBIT
DENVER - Akerna Corp. (Nasdaq: KERN) today announced it will merge with Gryphon Digital Mining, Inc. in an all-stock deal. Simultaneously with the closing of the merger with Gryphon, Akerna will sell its software business ...
Ayr Wellness Announces Mutual Termination of Proposed Acquisition of Dispensary 33
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the termination of the Company’s previously announced proposed acquisition of the equity interests of Gentle Ventures, LLC d/b/a Dispensary 33, ...
Charlotte’s Web Issues Statement on Hemp CBD Regulation
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., issues the following statement regarding the FDA's January 26th press announcement: Charlotte's Web is encouraged that the Administration has agreed that it is necessary for ...
Curaleaf Announces Launch of Adult-Use Cannabis Sales at Stamford, CT Dispensary
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced that it has been approved by the Connecticut Department of Consumer Protection to commence adult-use sales at ...
Banking Reform for the Cannabis Industry: Don’t Bank On It
As federal legislation stalls, specialty-finance platforms are fueling a cash-starved emerging industry By Andrew J. Kaye Federal banking reform for the compliant cannabis industry is an obvious next step in the evolution of the industry. ...
FDA Concludes that Existing Regulatory Frameworks for Foods and Supplements are Not Appropriate for Cannabidiol
SILVER SPRING, Md. - Given the growing cannabidiol (CBD) products market, the U.S. Food and Drug Administration convened a high-level internal working group to explore potential regulatory pathways for CBD products. Today we are announcing ...
Curaleaf Announces Closure of Operations in California, Colorado and Oregon
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced the proactive closure of the majority of its operations in California, Colorado and Oregon, beginning this month, ...
Cannabidiol (CBD) Edibles Market is poised to Grow at CAGR of 24.80% by 2029
SAN FRANCISCO - Data Bridge Market Research has recently published a Report, titled, "Cannabidiol (CBD) Edibles Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, ...
Industrial Hemp Market to be Worth $16.75 Billion by 2030
FELTON, Calif. - The global industrial hemp market was valued at USD 4.13 billion in the year 2021 and is expected to value at USD 16.75 billion by 2030, projecting a CAGR of 16.8% from ...
The Parent Company Announces Social Equity Ventures’ Brand Success Program
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced four participants in the Company's Social Equity Ventures Brand Success Program. Through the SEV Brand Success Program, ...
Global Medical Marijuana Market Projected to Garner $33,211.7 Million
NEW YORK - Research Dive has added a new report to its offering titled, "Medical Marijuana Market by Application (Pain Management, Muscle spasms, Nausea, Anorexia, Seizures, Others), By Route of Administration (Inhalation, Oral Topical), By ...
Root & Bloom and Joyibles Bring Joy Bombs Candy-Coated Fruit Chews to Massachusetts
SALISBURY, Mass. - Root & Bloom, a manufacturer, extractor, and cultivator of craft cannabis products for the Massachusetts market, today announced the arrival of Joy Bombs Candy-Coated Fruit Chews, a THC-infused edible product created by ...
Unite Vapeware Launches Vape Pen Manufactured In The USA
SACRAMENTO, Calif., Unite Vapeware, a manufacturer and distributor of high quality cannabis vaporizing devices, announced today the launch of the first-ever vape pen manufactured in the USA, with initial release via licensed cannabis lab Pure Ohio Wellness. Since 2018, Unite Vapeware ...
Curaleaf Expands Grassroots Premium Cannabis Brand to New Jersey
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the expansion of its Grassroots brand in New Jersey with the launch of premium ...
International Directory of Medical Cannabis Companies 2023
DUBLIN - The International Directory of Medical Cannabis Companies is the most comprehensive and accurate Directory of companies and executives in the medical cannabis industry that has ever been published. This Directory has been especially ...
Clever Leaves Announces Wind-Down of Portugal Operations as Part of Ongoing Restructuring Initiatives
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is announcing the wind-down of all operations in Portugal as part of its ongoing restructuring initiatives. ...
Get Tied Up This Valentine’s Day with incredibles 50 Shades of Grape
CHICAGO and VANCOUVER, British Columbia - incredibles, a cannabis brand from Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), announced that it has launched its new, limited-edition 50 Shades of Grape gummy in ...
Legalized Cannabis Market-2023 Will Revenue to Cross, reaching USD 45922.43 million by 2028
PUNE - Legalized Cannabis Market research report focus on overall information that can help to take decisions on current market situation. Legalized Cannabis Market Report Contains 2023: Complete overview of the global Legalized Cannabis Market ...
Boston Hemp Inc., Announce the Release of Its New Live Resin Hash
BOSTON - Derived from the finest hemp plants and carefully crafted using state-of-the-art extraction techniques, our Live Resin Hash is a potent and flavorful concentrate that delivers a truly unparalleled smoking experience. Boston Hemp Inc.'s ...
Global Cannabis Packaging Market Outlook Report 2022-2027
Dublin - This report provides a comprehensive analysis of cannabis packaging based on three categories: material, cannabis form, and region. The materials are segmented into major types: plastic, paper and paperboard, glass, metal, and others. ...
Court Ordered Receivership Takes New Cannabis Retail Storefront To The Market
SAN DIEGO - The year 2023 has seen a positive uptick in interest from different groups and Multi-State Operators (MSO's) looking to make acquisitions on cannabis businesses all throughout the state of California and the ...