M4MM
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with Farm 2 Hand, LLC, a licensed cultivator and processor in New York, to roll out its lineup of edibles across the state starting in 2026. ...
Germany Boosts Medical Cannabis Import Cap
BERLIN – German health authorities have increased the annual limit on medical Cannabis imports to 192.5 metric tons, in an effort to keep up with the rapid growth in patient demand while the country navigates ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Recent developments in the Cannabis and psychedelics sectors point to a period of cautious optimism, marked by stock gains, legal battles, and innovative expansions. From property value boosts tied to legalization to ...
Case Study: Navigating Cannabis Tax Hikes in California & New Mexico
LOS ANGELES- In July 2025, cannabis operators in California and New Mexico woke up to another line item tightening their margins: higher excise taxes.California’s excise tax jumped from 15% to 19% — a 25% increase. ...
Opinion: Rolling Toward a Greener Future: The Case for Industrial Hemp Toilet Paper
LOS ANGELES–When most people think about sustainability, they imagine renewable energy, electric cars, or organic farming. I don’t know many who stop to consider the humble roll of toilet paper. But TP production has a ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with Farm 2 Hand, LLC, a licensed cultivator and processor in New York, to roll out its lineup of edibles across the state starting in 2026. ...
Germany Boosts Medical Cannabis Import Cap
BERLIN – German health authorities have increased the annual limit on medical Cannabis imports to 192.5 metric tons, in an effort to keep up with the rapid growth in patient demand while the country navigates ...
Las Vegas Welcomes Its First Licensed Cannabis Consumption Lounge
LOS ANGELES- Las Vegas, a city famed for its vibrant nightlife and sprawling casinos, has reached a new milestone in its diverse entertainment offerings with the opening of "Smoke and Mirrors," its first licensed cannabis ...
Business Expenses – What is NOT Deductible?
By Rachel Wright, Simon Menkes, & Abraham Finberg- CPAs licensed in California of AB FinWright LLP & 420CPA, and Andrew Gradman, Esq of Andrew Gradman Tax While it seems like a straightforward question, there can ...
Avesta Ketamine and Wellness Partners with Veterans Affairs to Offer Free Ketamine Therapy to Veterans
LOS ANGELES— Avesta Ketamine and Wellness, a leading provider of innovative mental health treatments, has announced a groundbreaking partnership with the Department of Veterans Affairs (VA) to offer free ketamine therapy for eligible veterans. This ...
Idaho Proposes Harsher Penalties for Cannabis Possession Amid Regional Shifts Toward Legalization
LOS ANGELES- As neighboring states progressively embrace cannabis reform, Idaho is taking a contrary path with a legislative proposal aimed at intensifying penalties for cannabis possession. The proposed bill, which introduces a mandatory minimum fine ...
Mississippi to Revoke License of Medical Cannabis Testing Lab After Rule Violations
LOS ANGELES — In a significant move that highlights the stringent regulatory landscape of the medical cannabis industry, the Mississippi State Department of Health (MSDH) has announced plans to revoke the operating license of Rapid ...
Veterans and Law Enforcement Leaders Call on Biden to Reschedule Cannabis
NEW YORK- In a significant push for cannabis reform, leading veterans organizations and U.S. law enforcement officials have rallied together, urging the Biden Administration to consider the rescheduling of cannabis under the federal Controlled Substances ...
Oklahoma Introduces Bill to Ban Foreign Land Ownership
LOS ANGELES- In an effort to combat illegal cannabis cultivation, Oklahoma legislators have proposed a bill aimed at prohibiting foreign land ownership within the state. House Bill 3125, introduced to the Oklahoma House of Representatives ...
Maryland’s Cannabis Licensing Rush: A Beacon of Social Equity and Industry Diversity
LOS ANGELES- In a significant move for the cannabis industry, Maryland has initiated a pioneering step with the approval of nearly 1,500 applicants, all vying for a mere 179 cannabis licenses. This development marks a ...
Arkansas AG Greenlights Medical Cannabis Ballot Initiative with Path to Adult-Use Legalization
NEW YORK- In a significant development for cannabis reform, Arkansas Attorney General Tim Griffin approved a revised ballot initiative aimed at enhancing medical cannabis access in the state. This initiative, now set for a potential ...
Numinus Wellness Secures $6 Million in Public Offering to Fuel Psychedelic-Assisted Therapy Initiatives
LOS ANGELES- Numinus Wellness, a Vancouver-based healthcare company specializing in the innovative field of psychedelic-assisted therapies, has announced the successful completion of a significant financial milestone. Through a "bought deal" public offering, the company has ...
Ascend Wellness Boosts Massachusetts Presence with Second Cultivation License Acquisition
LOS ANGELES- Ascend Wellness Holdings, Inc., a player in the cannabis industry, has announced its acquisition of a second cultivation license and associated operations in Massachusetts, marking a significant expansion of its cultivation and production ...
Rhode Island Governor Proposes Tax Relief for Cannabis Industry to Counteract IRS Code 280E
LOS ANGELES- In a significant move aimed at supporting the cannabis industry, Rhode Island Governor Dan McKee has unveiled a proposal to decouple state tax codes from federal tax regulations, specifically targeting the financial strains ...
FSD Pharma Announces Market Offering Agreement to Fund Research and Development
NEW YORK- FSD Pharma a biopharmaceutical company focused on developing a diverse portfolio of innovative assets and biotechnological solutions, has unveiled a strategic market offering agreement with H.C. Wainwright & Co. LLC. This collaborative effort ...
New York Cannabis Control Board Advances with Adult-Use Licenses and Research Initiatives
NEW YORK- In a pivotal move to advance the state’s cannabis industry, the New York Cannabis Control Board (CCB) approved the first round of adult-use cannabis business licenses and introduced draft rules for home cultivation. ...
South Carolina Advances on Medical Cannabis
LOS ANGELES- In a significant legislative development, South Carolina's Senate has passed the Compassionate Care Act of 2024, propelling the state towards potentially establishing a medical cannabis program. However, this move, marked by stringent regulations, ...
