Consumer Research
Rescheduling: What it Actually Means for US Cannabis
LOS ANGELES – For years, the Cannabis industry's most reliable ...
Bipartisan Bill to Delay Hemp Ban Gains 36 Congressional Sponsors
WASHINGTON – Bipartisan legislation to postpone tightened federal rules on ...
PharmaCann to Shut Down its Denver Cannabis Grow Facility
DENVER – Chicago-based PharmaCann Inc., one of the largest privately ...
Psychedelic Pharmacists Foundation Launches to Advance Education and Research
PORTLAND – The Psychedelic Pharmacists Association (PPA) has launched the Psychedelic Pharmacists Foundation (PPF), a new nonprofit entity focused on education, research, and public awareness of responsible psychedelic medicine integration. The PPF will operate as ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics worlds delivered a fresh wave of momentum that’s turning heads from boardrooms to ballot boxes. States pushed bold new frontiers in therapeutic access, millions of Americans embraced microdosing ...
DOJ Keeps Silent on Cannabis Rescheduling Updates
WASHINGTON – It's been more than 40 days since President Donald Trump signed an executive order calling for the swift rescheduling of Cannabis, yet the Department of Justice (DOJ) remains tight-lipped on any progress. A ...
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of Maricann Inc., gaining control of a sprawling production facility tailored for export markets. The deal, the company's biggest to date, centers on a 100-acre campus ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known for its discount club model, has cut the ribbon on its inaugural European outpost, a Canna Cabana store in central Berlin that sells accessories and ...
Conservative Think Tank Advocates Federal Cannabis Labeling Standards to Address State Disparities
WASHINGTON – A prominent conservative policy group has called for federal guidance on Cannabis product warnings, pointing to stark differences in state regulations that leave consumers with inconsistent information on health risks. The American Enterprise ...
Psyence BioMed Ventures into Psilocybin’s Role in Aging Research
NEW YORK – Psyence BioMedical Ltd. disclosed its entry into longevity science with a new program probing psilocybin's influence on key aging indicators. The initiative, conducted alongside South African academics, marks the company's first foray ...
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets projects the global Cannabis cultivation market to reach $464.91 billion by 2030, up from $207.46 billion in 2025, reflecting a compound annual growth rate (CAGR) ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing the state closer to filling a longstanding gap in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
California Governor Vetoed Cannabis Cafe Bill, Citing Smoke-Free Concerns
LOS ANGELES — Governor Gavin Newsom has placed a halt on the proposed move to introduce Amsterdam-style cannabis cafes in California. Despite significant bipartisan backing, Assembly Bill 374, the bill that could have potentially transformed ...
Alaska Imposes New Restrictions on Hemp Goods Industry
LOS ANGELES— Alaska has intensified its stance on the rapidly expanding national hemp goods sector, especially targeting hemp-derived products that some locals colloquially term "diet weed." Lt. Gov. Nancy Dahlstrom inked new regulations into ...
Optimi Gains Momentum with Health Canada’s Approval for Psychedelics Supply
Toronto — Optimi, a leading Canadian psychedelics drug research and formulation enterprise, announced a pivotal achievement today. Health Canada has sanctioned an amendment to the company's Dealer's Licence, setting the stage for Optimi to commence ...
Pennsylvania Legislature Mulls Over Tax Reform Benefiting Medical Cannabis Businesses
The Pennsylvania legislature has made strides in advancing a comprehensive tax reform measure, which notably addresses a crucial obstacle faced by state-sanctioned medical cannabis entities: the IRS's 280E code. This code presently restricts these businesses ...
New York Opens Doors for Medical Cannabis Operators to Dive into Adult-Use Retail Market
NEW YORK- In a significant move on Tuesday, New York regulators gave the nod for the state's medical marijuana entities to file applications for adult-use retail licenses. This opens the arena for multi-state operators (MSOs) ...
Lucy Scientific Anticipates Sharp Losses Amidst Regulatory and Operational Costs
LOS ANGELES- Lucy Scientific Discovery Inc. has been in the spotlight, not for its recent acquisitions but for missing its annual report filing deadline with the U.S. Securities and Exchange Commission (SEC). While the company ...
Georgia Pharmacies to Offer Low-THC Cannabis Oil, Expanding Access for Medical Patients
ATLANTA- In a pioneering move, Georgia has become the first state in the U.S. to greenlight the sale of medical cannabis at independent pharmacies, with the objective of simplifying access for its registered medical cannabis ...
PharmaCielo Seeks Financial Stabilization Amid Growing Losses
LOS ANGELES- In a bid to counter increasing financial setbacks, PharmaCielo Ltd., the parent company of the Colombian cannabis cultivator PharmaCielo Colombia Holdings S.A.S., has raised $3.3 million in a recent investment round. Through the ...
Gavin Newsom’s Veto of Cannabis Cafes and Psychedelic Medicine: A Balancing Act
LOS ANGELES-California Governor Gavin Newsom's recent actions on cannabis-related bills have left both proponents of cannabis reform and the cannabis industry with mixed feelings. While he signed several bills into law that will bring significant ...
Clearmind Medicine Partners with Johns Hopkins for Psychedelic-Derived Therapeutic Trials
TEL AVIV— Clearmind Medicine Inc. a biotech firm the charge in discovering and developing innovative psychedelic-derived treatments for significant health concerns, revealed a new collaboration today. The company has forged a Clinical Trial Agreement with ...
Bank of Korea Initiates Central Bank Digital Currency Pilot Program
SEOUL — In a significant move to digitize its currency infrastructure, The Bank of Korea (BOK), in collaboration with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), is rolling out a pilot ...
The Cannabist Company Announces Partial Redemption of Senior Secured Notes
NEW YORK – The Cannabist Company Holdings Inc a major cultivator, manufacturer, and retailer of cannabis products in the U.S., has announced its intention to partially redeem its outstanding 13% senior secured notes due by ...
California’s Psychedelic Dilemma: Governor Newsom’s Tightrope Walk on SB58
LOS ANGELES— Six decades of advocacy for psychedelic legalization in California might finally culminate with the passage of SB58, a landmark bill proposing the decriminalization of certain natural psychedelics for therapeutic use. Having cleared the ...
Arizona’s Cannabis Social Equity Licenses: Intent Versus Outcome
PHOENIX — The State of Arizona's well-intentioned efforts to address historical disparities in the cannabis industry appear to be veering off course. A deep dive into the allocation of social equity licenses, designed to benefit ...
Canada’s Long-Awaited Cannabis Strategy Table Takes Shape
TORONTO — Nearly two years after its announcement, Canada's government-mandated cannabis "strategy table" is beginning to show signs of activity. The initiative, aimed at addressing core challenges faced by the nation's beleaguered cannabis industry, had ...
California Governor Newsom Paves the Way for Psychedelic Medicine
LOS ANGELES- In a historic move, Governor Gavin Newsom has put California at the forefront of the psychedelic medicine movement. The Democratic Governor recently signed groundbreaking legislation that would allow healthcare professionals to prescribe substances ...
Harvesting Opportunities Amid Seasonal Price Fluctuations
LOS ANGELES— Among decaying cornstalks and scarecrows, spanning 120 acres north of Paw Paw on County Road 665, stands a rich, green crop of lucrative trees — marijuana plants from Grasshopper Farms. In the cannabis ...
Florida Supreme Court to Deliberate on Cannabis Legalization Ballot Initiative
LOS ANGELES — A contentious ballot initiative that could legalize cannabis for adult use in Florida will be debated in the state's highest court. The Florida Supreme Court has slated November 8 for oral arguments ...
Nationwide Inconsistencies in Cannabis Testing Raise Concerns over Consumer Safety
NEW YORK — With increasing numbers of states legalizing cannabis, state marijuana regulators, producers, and other invested parties are wrestling with how to protect consumers, especially in a landscape where lab-testing requisites, enforcement, and broad-scale ...
New York Cannabis Licensing Resumes Amid Legal Controversies
NEW YORK — The Empire State today marked the opening of its general cannabis licensing window, despite the legal blockade on its Conditional Adult-Use Retail licensing program put in place by a judicial ruling in ...
Atai Life Sciences and Cybin Announce Progress in Psychedelic Drug Studies
LOS ANGELES-- In a sector where every advancement is keenly watched, two significant players in the psychedelic drug industry provided the market with notable updates on their respective drug testing procedures. Atai Life Sciences Shares ...
Medical Cannabis Push Gains Momentum in Idaho
IDAHO — The quest to introduce medical cannabis in Idaho is gathering steam, spearheaded by the determined advocacy group, Kind Idaho. The Gem State remains one of the final holdouts in the nation without any ...
Cybin Inc. Successfully Completes Phase 2 Dosing of Promising Psilocybin Analog for Depression Treatment
NEW YORK — Cybin Inc., a psychedelic-based medical treatments, announced today the successful completion of its Phase 2 clinical trial for CYB003, a proprietary deuterated psilocybin analog. The compound is being evaluated as a potential ...
Georgia Health Officials Miscount Medical Cannabis Patients, Affecting Dispensary Plans
ATLANTA — A recent revelation by the Georgia Department of Public Health (DPH) has stirred the state’s medical cannabis industry. The DPH admitted to a significant overestimation of the number of medical cannabis patients and ...
U.S. Targets Chinese Firms Over Fentanyl Production
WASHINGTON — In a firm response to the surge of synthetic opioids like fentanyl linked to overdose deaths, the Biden administration unveiled a series of indictments and sanctions targeting Chinese firms and executives implicated in ...
