Business
California Enhances Cannabis Equity with $12 Million Grant
NEW YORK- In a landmark move, California has allocated $12 million in grants to ten cities and counties, including Oakland and San Jose, as part of its commitment to fostering equity in the cannabis industry. This funding is aimed at supporting programs that assist communities historically impacted by the War on Drugs, ensuring fair participation ...
New York Supreme Court Overturns Cannabis Marketing Restrictions
LOS ANGELES- In a significant legal development for New York's cannabis industry, the Supreme Court in Albany County invalidated several marketing restrictions on Monday, marking a pivotal moment for licensed cannabis businesses in the state. The challenged regulations had imposed stringent limits on the ability of cannabis retailers to advertise and promote their products, significantly ...
Ontario Anticipates Record Cannabis Revenue
LOS ANGELES- In a landmark financial forecast, Ontario expects to garner over CA$379 million from its share of the federal cannabis duty for the fiscal year April 2024 to March 2025, marking a significant 22.2% increase from the previous fiscal period. This projection surpasses the combined revenue anticipated from taxes on beer, wine, and spirits, ...
Colorado Cannabis Cultivators Granted Expanded Access to New Genetics
NEW YORK- In a significant legislative update, Colorado's cannabis cultivators are set to benefit from an expanded array of genetic resources, thanks to the enactment of Senate Bill 23-271 in January. This move, part of a broader initiative to enhance the operational landscape for Colorado's cannabis industry while safeguarding public health and safety, introduces a ...
Knowledge is Power: Unlock the Secrets to Success in the Ever-Evolving Cannabis Industry: Introducing CannabizTeam’s Comprehensive Salary Guide!
NEW YORK — CannabizTeam Worldwide, the premier executive search and staffing firm specializing in cannabis & wellness markets, proudly presents the eagerly-awaited 2024 Cannabis Industry Salary Guide. As the sixth installment of our national report, this comprehensive guide serves as an indispensable tool for both employers and aspiring cannabis professionals alike, providing invaluable insights into the dynamic ...
Cannabis Industry Moguls Gather for Benzinga Cannabis Capital Conference
More than 100 CEOs and 200 Investors Confirmed for Cannabis Investment & Branding Conference on April 16th at The Diplomat Beach Resort in Hollywood, FL. Boris Jordan, executive chairman of Curaleaf, to Deliver Keynote Speech. HOLLYWOOD, Fla.,-- The Benzinga Cannabis Capital Conference, North America's premier cannabis investment and branding event, is returning to Florida for a two-day conference starting on April 16, 2024, at The Diplomat ...
Bulls Take Charge: The Green Rush Revival in the Cannabis Market
NEW YORK- As the cannabis market flourishes, several companies have made significant strides, contributing to the sector's overall bullish sentiment, beyond the widely recognized giants. Focusing on a fresh set of companies, let's explore some alternative examples that have shown remarkable performance in the stock market, reflecting the dynamic growth within the industry. Green Thumb ...
Week In Review: First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland; Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland: Maryland's combined ...
Week In Review: Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes: Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 Minnesota's Hemp-Derived THC Market Generates Over $10 Million in Taxes: The Minnesota Department ...
Week In Review: Massachusetts Approves Historic Maritime Cannabis Transport; NCAA Removes Cannabis from Banned Substance List; Brazil Decriminalizes Cannabis; Maryland Launches Cannabis Workforce Development Program
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 Massachusetts Approves Historic Maritime Cannabis Transport: The Massachusetts Cannabis Control Commission (CCC) has ...
Week In Review: California State Fair Introduces Cannabis Sales & Consumption Areas; Cannabis Legalization Yields >$20 Billion in Tax Revenue; New York Task Force Shuts Down Over 100 Illegal Cannabis Dispensaries in Three Weeks
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 California State Fair Introduces Cannabis Sales and Consumption Area: This year’s California State ...
Week In Review: Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion: California Reinvests Cannabis Tax Revenue to Support Communities: Vermont Medical Cannabis Patient Appeals Denial of Unemployment Benefits to State Supreme Court:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion: Canadian cannabis company ...
Week In Review: Texas Poll Shows Majority Support for Cannabis Legalization; Federal Moves to Reclassify Cannabis: Missouri Allocates $19 Million in Cannabis Tax Revenue to Veterans, Treatment Programs, and Public Defense
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 Texas Poll Shows Majority Support for Cannabis Legalization: A statewide poll in Texas ...
Week In Review: U.S. Historic Policy Shift on Cannabis; Canopy Growth Raises $50 Million; Thailand Steps Back from Legalization; Canada Exports Boom
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1 U.S. Policy Shifts on Cannabis: In a landmark policy shift, the U.S. Drug ...
Week In Review: New York Faces Challenges with Illicit Cannabis Shops: New Hampshire Senate Committee Approves Cannabis Legalization Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1.New York Faces Challenges with Illicit Cannabis Shops:New York's legal cannabis market has faced ...
Week In Review: DEA Reschedules Cannabis At Last; Schumer Reintroduces CAOA; Georgia Governor Enacts New Hemp Law; Minnesota Updates Cannabis Laws
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1. The cannabis industry was thrown into pandemonium with the sudden news the DEA ...
Week In Review: MedMen Winds Up Wound Up; U.S. & State Legislators Address Diverse Cannabis-Related Issues; Study Finds THC Increases Survival Time in Palliative Patients; Dutchie Falls Over on 420…Again
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's get to it! Cannabis Industry Highlights #1. U.S. and State Legislators Address Diverse Cannabis-Related Issues: Recent legislative developments across the ...
Week In Review: Kentucky Advances Medical Cannabis Licensing Schedule; Massachusetts Dispenses Social Equity Grants; California Advances Psychedelics Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry Highlights #1.Kentucky Advances Medical Cannabis Licensing Schedule: Kentucky Governor Andy Beshear has signed House Bill 829 into law, accelerating the ...
Week In Review: Vangst Acquire CannabizTeam; Washington D.C. Enhances Medical Cannabis Regs; Petalfast Acquires Flow Distribution; Canadian Cannabis Sales Dip; DEA Plan Hearing on Psychedelics
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry Highlights #1.Washington D.C. Enhances Medical Cannabis Regulations and Extends Tax Holiday: In a significant legislative move, the Council of the ...
Week In Review: Florida Supreme Court Greenlights Adult Use; Virginia Governor Vetoes Cannabis Legalization Bill; Colombia’s Medical Cannabis Exports Surge to $10.8 Million Amid Regulatory Enhancements
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from the Cannabis and Psychedelic markets. This past week the Hall of Flowers event attracted many brands and companies from all ...
Ayr Wellness Eyes Expansion into Emerging Cannabis Markets Amid Revenue Growth
LOS ANGELES- Ayr Wellness Inc, a multistate operator based in Miami, is setting its sights on significant expansion opportunities within the burgeoning adult-use cannabis market. In a recent earnings call, CEO David Goubert conveyed a strong sense of optimism regarding the company's strategic positioning and its ability to capitalize on new recreational cannabis markets, particularly ...
NECANN: New England’s Leading Cannabis Convention Returns to Boston
BOSTON, (March 18, 2024) -NECANN will host its 10th Annual New England Cannabis Convention March 22-23 at the Hynes Convention Center in Boston presented by Futurola. This year’s event has grown into a 3rd exhibit hall to accommodate the 300+ exhibitors, five programming tracks and workshops, and the Green Market Report Finance Summit, Friday, March ...
Announcing: New Show on Highly Capitalized: ‘Human Capital with Liesl Bernard’: A Fresh Take on HR in Cannabis & Wellness Industries
LOS ANGELES, California, March 19, 2024 /PRNewswire/ Introducing "Human Capital" with Liesl Bernard, a new online news show set to air bi-monthly on HighlyCapitalized.com, and dedicated to exploring the vital topic of human resources within companies, often referred to as "human capital." Hosted by Liesl Bernard, a seasoned professional with over 20 years of experience in ...
Jamaica’s Pure Jamaican and Seven Ten Limited Forge Path in Global Cannabis Market
LOS ANGELES- In a significant stride towards global market leadership, Pure Jamaican has initiated a groundbreaking program aimed at exporting its distinctive pharmaceutical products. This includes a range of cannabinoid compounds such as THC derived from cannabis and CBD from hemp. This ambitious venture is set to impact major international markets, notably the USA and ...
Week In Review: Curaleaf Expands Global Reach with Acquisition of Canadian Cannabis Operator; U.S. Treasury Secretary Reaffirms Support for Cannabis Banking Legislation; TerrAscend Charts New Fiscal Path Amid Cannabis Industry’s Tax Challenges
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from the Cannabis and Psychedelic markets. This past week the Hall of Flowers event attracted many brands and companies from all ...
