Written by Lorraine Mullaney || 13th May 2021 || News analysis |
US cannabis firm Trulieve has bought Harvest Health and Recreation in a $2.1bn deal that aims to create the US’s most profitable cannabis company in what is being billed as the largest US cannabis transaction to date ...
Written by Lorraine Mullaney || 11th May 2021 || News analysis |
Two US firms, Greenlane and KushCo, have merged in a deal that aims to create a major manufacturer and distributor of cannabis accessories in the US ...
Written by Lorraine Mullaney || 7th May 2021 || News analysis |
When Biden won the US election in November 2020 the stock market value of cannabis firms soared in expectation of a more lenient political climate under the Biden administration ...
Written by Lorraine Mullaney || 6th May 2021 || News analysis |
Various business deals across the US and Canada see cannabis and CBD companies expanding their portfolios and growing their brands in a series of acquisitions, investments and partnerships ...
Written by Lorraine Mullaney || 21st April 2021 || News analysis |
Australian medicinal cannabis firm Cann has moved quickly to maximise the benefits of its CBD Gelpell capsule technology by entering into a collaboration deal with healthcare technology firm Emyria ...
Written by Lorraine Mullaney || 20th April 2021 || News analysis |
Jersey could become “a cannabis hub for Europe” after Northern Leaf successfully completed a second round of funding that will enable it to complete its pharmaceutical cannabis cultivation facility on the island ...
Written by Lorraine Mullaney || 15th April 2021 || News analysis |
Canadian cannabis firm Tilray is moving in on New Zealand’s market for medical cannabis and has received the necessary approvals to launch Tilray medical cannabis products across the country ...
Written by Lorraine Mullaney || 2nd April 2021 || News analysis |
There are profits to be made from selling cannabis in Europe, according to US company Curaleaf after it signed an agreement to acquire Europe’s largest vertically integrated independent cannabis company ...
Written by Lorraine Mullaney || 24th March 2021 || News analysis |
Cannabis giant Canopy Growth has defended its decision to use a celebrity astrologer to promote the US launch of its CBD-infused sparkling water drink Quatreau ...
Written by Lorraine Mullaney || 15th March 2021 || News analysis |
Companies now only to have submitted an application to the UK Food Standards Agency (FSA) in order for their edible CBD products to stay on the market after 1st April ...
Written by Lorraine Mullaney || 9th March 2021 || News analysis |
The heir to the Wrigley’s chewing gum fortune, Beau Wrigley, has entered into a deal he claims will accelerate the growth of his multi-state cannabis company, Parallel, and change the landscape of the US cannabis market ...
Written by Lorraine Mullaney || 8th March 2021 || News analysis |
Canadian cannabis brand Hexo has acquired medical and recreational cannabis producer Zenabis Global in a CAD 235m deal that will boost its cultivation capacity and secure a footprint in the European market ...
Written by Lorraine Mullaney || 1st March 2021 || News analysis |
Marlboro cigarette manufacturer Altria has stated its support for the federal legalisation of cannabis – with a view to Cronos, the Canadian cannabis company in which it has a major stake, thriving in a legal US market ...
Written by Lorraine Mullaney || 23rd February 2021 || News analysis |
British American Tobacco (BAT) is looking “beyond nicotine” to alternative sources of revenue, and has described CBD as an “exciting growth area for our business for the future” ...
Written by Lorraine Mullaney || 5th February 2021 || News analysis |
CBD firms are making further advances into the health and wellness subcategory of the market with new product launches, distribution deals, and clinical studies underway ...
Written by Lorraine Mullaney || 27th January 2021 || News analysis |
Texas-based Collective Growth is remaining positive despite failing to find the right partners for a $150m investment fund raised to develop the US hemp market ...
Written by Lorraine Mullaney || 26th January 2021 || News analysis |
Renewed interest in financing of CBD and cannabis businesses could signal that investors are starting to be positive again about the future after companies seemingly weathered the worst of the storm in 2020 ...
Written by Lorraine Mullaney || 29th December 2020 || News analysis |
Canadian cannabis firms Aphria and Tilray have announced a merger that will create “the world’s largest weed company”, operating under the Tilray name ...
Written by Lorraine Mullaney || 23rd December 2020 || News analysis |
Increasing numbers of celebrities are endorsing CBD products, with names as big as will.i.am, Jay-Z, Beyoncé and Gwyneth Paltrow among those investing or launching their own brands ...
Written by Lorraine Mullaney || 15th December 2020 || News analysis |
Californian “cellular agriculture company” Cellibre has closed a round of funding that will enable it to accelerate the production of pharmaceutical-grade cannabinoids via fermentation ...
Written by Lorraine Mullaney || 11th December 2020 || News analysis |
Pharmaceutical firms continue to invest in research into the healing potential of cannabinoids, launching clinical trials to investigate their ability to treat a range of conditions ...
Written by Lorraine Mullaney || 24th November 2020 || News analysis |
Canadian cannabis and psychedelic medicine firm Thoughtful Brands has dissolved its German subsidiary Verrian to focus on its core business following the acquisition of Kentucky-based American CBD Extraction ...
Written by Lorraine Mullaney || 23rd November 2020 || News analysis |
Sir David Attenborough, Olivia Newton-John and Clint Eastwood are among the latest in a line of celebrities who have spoken out against their names and images being used without their permission to promote CBD oils ...
Written by Lorraine Mullaney || 19th November 2020 || News analysis |
Current lack of success in Canada and unsupportive regulations in the US have not stopped cannabinoid companies from exploring the beverages sector ...
Written by Lorraine Mullaney || 16th November 2020 || News analysis |
A group of shareholders has filed a class-action lawsuit against Aurora Cannabis, alleging the company “made materially false and misleading statements” about its business, operational, and compliance policies ...
Written by Lorraine Mullaney || 8th October 2020 || News analysis |
A legal action against Canopy Growth has been halted now that Canadian cannabis cultivator PharmHouse has filed for bankruptcy protection from the Ontario Court while it restructures its business ...
Written by Lorraine Mullaney || 7th October 2020 || News analysis |
Although still illegal in the US and Canada, psychedelic substances such as fungus-derived psilocybin are becoming increasingly acceptable, research suggests ...
Written by Lorraine Mullaney || 5th October 2020 || News analysis |
Turbulent times and the ongoing challenges caused by COVID-19 are not stopping some CBD businesses from doing deals and making major investments as they seek expansion into new markets ...
Written by Lorraine Mullaney || 2nd October 2020 || News analysis |
Increasing numbers of CBD businesses are marketing products that chime with the wellness trend and now even Playboy is launching a line of CBD products in the US that promise physical and mental benefits ...
Written by Lorraine Mullaney || 3rd September 2020 || News analysis |
The pharmaceutical side of the cannabinoid industry continues to grow, with several major announcements expanding treatments and blurring boundaries ...
Written by Lorraine Mullaney || 19th August 2020 || News analysis |
Canadian cannabinoid firm Canopy Growth has signed a multi-year deal with NFL quarterback Patrick Mahomes as part of its advance into the sports nutrition market ...
Written by Lorraine Mullaney || 14th August 2020 || News analysis |
The trade body for hemp and CBD in Ireland has accused the Irish government of working in silos and said its lack of intra-governmental communication as well as consultation with stakeholders could lead to the end of the...
Written by Lorraine Mullaney || 31st July 2020 || News analysis |
Registration in the US FDA National Drug Code (NDC) Directory conveys significant benefits even if the FDA does not specifically approve these items as over-the-counter products, according to a CBD company ...
Written by Lorraine Mullaney || 27th July 2020 || News analysis |
As tough market conditions continue for cannabinoid firms in the US and Canada, struggling companies are continuing to pursue a range of survival strategies ...
Written by Lorraine Mullaney || 22nd July 2020 || News analysis |
Firms from Israel and South America are showing faith in the European CBD market, and its bricks-and-mortar retail, with distribution deals to place their products in a growing number of outlets ...
Written by Lorraine Mullaney || 8th July 2020 || News analysis |
Hard-hit cannabinoid firms in the US and Canada are reassessing their market strategies, restructuring, and downsizing – in some cases with significant job cuts – as the market remains volatile ...
Written by Lorraine Mullaney || 23rd June 2020 || News analysis |
A new line of sparkling CBD drinks is to be launched in the Colorado market in what may be an indication of how high-profile companies approach the CBD market during its continued period of uncertainty ...
Written by Lorraine Mullaney || 16th June 2020 || News analysis |
One of the most iconic brands in the cannabis space, High Times, has entered into an agreement with Red White & Bloom (RWB) to develop cannabis-based CBD and THC products across the US ...
Written by Lorraine Mullaney || 9th June 2020 || News analysis |
Excess production space, surplus of supply, legal restrictions – and now the coronavirus crisis – have been giving the global cannabis industry a tough ride and some businesses are setting their sights on hemp-derived CBD ...
Written by Lorraine Mullaney || 5th June 2020 || News analysis |
Countries in South America are becoming increasingly important markets for CBD, as the ink dries on a deal to distribute medical cannabis products in Brazil, where a change in regulatory policy has opened up trade ...
Written by Lorraine Mullaney || 23rd January 2020 || News analysis |
A US-based hemp research firm is working with a university in Florida to create an FDA-approved capsule that could replicate the painkilling abilities of ibuprofen ...
Written by Lorraine Mullaney || 22nd January 2020 || News analysis |
Two new studies have shown hopeful signs that CBD could be combined with existing drugs to improve treatment – in one case, of cancer, and in the other of the potentially deadly E. coli ...