M4MM
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
Verano Elevates James Leventis to Chief Strategy & Compliance Officer
LOS ANGELES- Verano Holdings Corp. Announced the promotion of James Leventis to Chief Strategy and Compliance Officer. Leventis, a licensed attorney with nearly 15 years of experience across the healthcare, pharmaceutical, consulting, and cannabis sectors, has ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and ...
HYTN Secures Health Canada Drug Licence to Propel Cannabinoid Prescription Drug Pathway
LOS ANGELES- Vancouver-based HYTN Innovations Inc. (CSE: HYTN; OTC Pink: HYTNF) announced on July 14, 2025, that it has been granted a Cannabis Drug Licence (CDL) by Health Canada, effective July 2. This licence enhances HYTN’s existing Drug Establishment Licence ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
California Cannabis Regulators Issue Health-Related Recalls on Products
LOS ANGELES- In a statement released on Wednesday, the DCC outlined the details of two separate recalls involving cannabis products. The recalls underscore ongoing regulatory vigilance in the burgeoning cannabis industry, particularly in California, a ...
New York Cannabis Control Board Approves Two More Operators for Recreational Market
NEW YORK — In a remarkably swift meeting on Friday, the New York Cannabis Control Board (CCB) made a significant decision, approving the transition of two additional multi-state operators (MSOs) from the medical to the ...
PSYC Corporation CEO Addresses Company Challenges and Future in Detailed Podcast Update
NEW YORK — PSYC Corporation , the parent company of Spotlight Media Corporation (SMC), a leader in media for emerging sectors like medicinal psychedelics, recently released a video podcast featuring CEO David Flores. The podcast, ...
Czech Republic Unveils Compromise Cannabis Regulation Draft Amid Diverse Political Views
PRAGUE— The Czech government recently released its anticipated draft regulations for cannabis cultivation and consumption on January 10, marking a significant, albeit tentative, step in cannabis policy reform. This draft, described as a "compromise version" ...
Washington D.C. Tightens Grip on Unlicensed Cannabis Gifting Shops with New Penalties
WASHINGTON — The Washington, D.C. District Council, in a decisive move, approved a measure on Tuesday to impose new penalties on unlicensed cannabis gifting shops. This bill, potentially effective this week, aims to regulate these ...
Thailand’s Backpedal on Cannabis: New Bill to Ban Recreational Use Amid Regulatory Challenges
WORLD- Thailand's journey with cannabis legalization has taken a sharp turn as the government proposes new regulations to curb what it perceives as unintended recreational use. A draft bill, introduced on January 9, aims to ...
Maine’s Cannabis Market Hits Record Highs
LOS ANGELES- The cannabis industry in Maine achieved a remarkable milestone in 2023, with retail revenues surpassing $200 million, despite a challenging backdrop of declining prices that have troubled operators. This surge represents a significant ...
Florida’s New Bill Proposes Limiting THC Potency
LOS ANGELES- In a significant move within the cannabis legislative landscape, Florida Representative Ralph Massullo introduced House Bill 1269, which proposes stringent limitations on THC potency in cannabis products. This bill, introduced on January 5 ...
VA to Explore Psychedelics for PTSD and Depression
LOS ANGELES- In a groundbreaking move, the Department of Veterans Affairs (VA) is funding research into the therapeutic potential of psychedelics for treating mental health conditions like post-traumatic stress disorder (PTSD) and depression in veterans. ...
Maine’s Booming Cannabis Market Faces Challenges Amid Falling Prices
LOS ANGELES— Maine's regulated adult-use cannabis industry recorded over $200 million in sales in 2023, marking a significant 36% increase from the previous year. Despite these robust figures, released by the state Office of Cannabis ...
DEA Clarifies Legality of Psychedelic Mushroom Spores, Highlighting Regulatory Complexities
WASHINGTON, D.C. — The U.S. Drug Enforcement Administration (DEA) recently provided a crucial clarification on the legal status of psychedelic mushroom spores. According to a statement from Terrence Boos, Chief of the DEA's Drug and ...
West Virginia Eyes Cannabis Legalization in Fight Against Fentanyl Crisis
NEW YORK— As West Virginia's legislative session unfolds, the topics of cannabis legalization and the fentanyl crisis are taking center stage. Senate President Craig Blair, speaking at a press event on January 5, indicated that ...
Over 2.3 Million Cannabis Convictions Pardoned in U.S. Since 2018
LOS ANGELES- In a significant move towards criminal justice reform, U.S. state courts have pardoned or expunged over 2.3 million cannabis-related convictions since 2018, with about half a million cases resolved in the last year ...
Ohio Governor Advocates for Ban on Intoxicating Hemp Products Amid Cannabis Regulation Efforts
LOS ANGELES— Ohio Governor Mike DeWine has urged state legislators to ban hemp-derived cannabinoids, including delta-8 THC, citing potential risks to children. The call for legislative action comes as Ohio prepares to navigate the complexities ...
Florida Bill Proposes THC Limits in Cannabis Amid Legalization Debates
LOS ANGELES- In a move that could significantly impact the cannabis industry in Florida, State Representative Ralph Massullo has introduced a bill proposing to limit the potency of THC in cannabis products. This legislative effort ...
