Market Research
U.S. Legal Cannabis Sales Hit $2.3B in December, Lifting 2025 Total to $27B
LOS ANGELES – Legal Cannabis sales across the United States ...
AbbVie Secures First Psychedelic PRIME Designation in Europe
BRUSSELS – The European Medicines Agency (EMA) has granted Priority ...
Vireo Growth Completes Schwazze Assets Acquisition
MINNEAPOLIS – In a move that instantly reshapes the competitive ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
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 ...
Cannabis Distributors Kiva Sales & Service and Petalfast Sign Letter of Intent to Combine
OAKLAND – Kiva Sales & Service (KSS), a leading sales and distribution agency focused on California’s Cannabis market, signed a letter of intent to combine operations with Petalfast, a national platform known for sales, distribution ...
New York Senate Health Committee Advances Bill for Out-of-State Medical Cannabis Access
ALBANY – The New York State Senate Health Committee approved legislation that would recognize medical Cannabis certifications from other states, granting those patients access to New York dispensaries under specific conditions. The measure, Senate Bill ...
High Tide Reports Q1 2026 Financial Results
CALGARY - High Tide Inc. released its financial results for the first quarter ended January 31, 2026, underscoring steady progress in its Canadian stores and its expanding medical Cannabis distribution business in Germany. High Tide ...
