M4MM
NY Cannabis Hits First $500M Quarter
NEW YORK – New York's legal Cannabis market set a new record by closing 2025 with its first quarter exceeding $500 million in sales, positioning the state for continued strong performance into 2026. The Office ...
Dutchie Launches Round Up the Change for Cannabis Justice
BOSTON – Dutchie, the Cannabis e-commerce and point-of-sale platform, has rolled out Round Up the Change, a straightforward new feature that lets customers turn pocket change into support for Cannabis justice reform and legalization. The ...
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...
OPINION: MJBizCon25 Review: The Race To Be Second
LAS VEGAS- Gosh… the MJBizCon I attended was awesome — genuinely one of the best and most productive ones I’ve ever been to — which is why I was so surprised to see how much ...
CRS Reveals Hemp Ban Enforcement Hurdles
WASHINGTON – The Congressional Research Service (CRS) has highlighted gaps in the federal government's plans to enforce the upcoming ban on intoxicating hemp products, raising questions about the practical reach of the law amid the ...
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could ...
CMI Projects Double-Digit Expansion for Cannabis Testing Market
LOS ANGELES – A recent analysis from Custom Market Insights (CMI) forecasts the global Cannabis testing market to climb from $2.13 billion in 2025 to $11.15 billion by 2034, powered by a CAGR of 18%. ...
NY Cannabis Hits First $500M Quarter
NEW YORK – New York's legal Cannabis market set a new record by closing 2025 with its first quarter exceeding $500 million in sales, positioning the state for continued strong performance into 2026. The Office ...
Dutchie Launches Round Up the Change for Cannabis Justice
BOSTON – Dutchie, the Cannabis e-commerce and point-of-sale platform, has rolled out Round Up the Change, a straightforward new feature that lets customers turn pocket change into support for Cannabis justice reform and legalization. The ...
Gelato Cannabis Unifies Multi-State Structure
SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...
Kamala Harris Emerges as Pro-Cannabis Advocate Amidst Potential Presidential Bid
LOS ANGELES- Vice President Kamala Harris, once opposed to cannabis legalization during her tenure as District Attorney of San Francisco, has now become a leading advocate for the cause. In April, she made history as ...
Organigram Advances Cannabis Product Portfolio with $1M Investment in Phylos
LOS ANGELES- Organigram Holdings Inc. has announced the completion of a partial third tranche investment of $1 million into Phylos Bioscience Inc., a U.S.-based cannabis genetics company. This investment is part of a broader strategy ...
DeSantis Criticizes Cannabis Legalization Initiative’s Ballot Inclusion
LOS ANGELES- Florida Governor Ron DeSantis expressed concerns over the state's cannabis legalization initiative, known as Amendment 3, during a Florida Sheriffs' Association conference. DeSantis argued that the ballot summary for the amendment does not ...
SNDL Announces Major Restructuring, Job Cuts to Save $20 Million Annually
LOS ANGELES- Canadian cannabis company SNDL Inc. has announced a significant financial restructuring plan, which includes the elimination of 106 full-time positions. The restructuring aims to optimize corporate overhead spending and consolidate its cannabis segments ...
Minnesota Opens Social Equity License Application for Adult-Use Cannabis Market
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has initiated the first social equity business license application process for the state's adult-use cannabis market. The application window, which began on Wednesday, will remain open ...
Tilray Brands’ Aphria RX GmbH Receives License Under Germany’s New Cannabis Law
LOS ANGELES- Tilray Brands, Inc. announced that its German subsidiary, Aphria RX GmbH, has received a cultivation license under Germany's newly enacted adult-use cannabis legalization law. The facility, previously licensed in 2019 for Germany's medical ...
Dallas Officials Approve Cannabis Decriminalization Petition for November Ballot
LOS ANGELES- Dallas officials have finalized a petition allowing voters to decide on a cannabis decriminalization ordinance this November. The proposed measure aims to make the enforcement of Class A and Class B misdemeanor cannabis ...
Ohio Accelerates Adult-Use Cannabis Program Implementation
LOS ANGELES- The rulemaking process for Ohio's pending adult-use cannabis program is progressing rapidly, with sales expected to start by the third quarter of this year. Following voter approval of Issue 2, which legalized cannabis ...
Field Trip Health Ltd. Shares Rise 5.8% Amid Increased Trading Volume
LOS ANGELES- Field Trip Health Ltd. experienced a 5.8% increase in its share price during trading on Tuesday. The stock reached a high of C$1.11, before settling at C$1.09 by the end of the trading ...
Delaware Legalizes Cannabis: Recreational Sales Expected by Late 2024 or Early 2025
LOS ANGELES- Delaware recently legalized adult-use cannabis, but it may be up to two years before consumers can purchase it legally. According to Zoë Patchell, executive director of the Delaware Cannabis Advocacy Network, the state's ...
Study Highlights Psilocybin’s Significant Impact on Brain Function and Potential Therapeutic Uses
LOS ANGELES- A recent small randomized controlled trial has revealed that a single high dose of psilocybin induces significant and persistent changes in brain functional networks in healthy adults. The findings, published in Nature, provide ...
Medical Cannabis: Growth and Investment in 2024
LOS ANGELES- The medical cannabis industry is navigating 2024 with key players like Grow Group and Somai Pharmaceuticals leveraging new regulations and market dynamics to achieve ambitious growth targets. This article examines the recent developments ...
FDA and FTC Target Delta-8 THC Edibles Resembling Popular Snacks
LOS ANGELES- The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) are taking action against companies selling delta-8 THC edibles packaged to resemble popular snacks, often marketed towards children. Delta-8 THC is ...
Numinus Wellness: Financial Challenges and Strategic Growth in Mental Health Care
LOS ANGELES- Numinus Wellness is at the forefront of transforming mental health care, focusing on innovative treatments, strategic mergers, and operational refinements. This article delves into the market trends, financial performance, and strategic initiatives shaping ...
Constellation Brands: Analysts Maintain Ratings
LOS ANGELES- On Monday, Argus reaffirmed its Buy rating on shares of Constellation Brands (NYSE: STZ), maintaining a price target of $306.00. Argus notes the stock's value, currently trading at 18 times the firm's fiscal ...
