M4MM
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
Rubicon Organics Finalizes Conditions for Hope Facility Acquisition
LOS ANGELES- Rubicon Organics Inc. has announced the fulfillment of all conditions precedent related to its agreement with MediPharm Labs Inc. for the acquisition of a 47,500-square-foot indoor cultivation facility located in Hope, British Columbia. ...
Argentina Overhauls Medical Cannabis Program with Stricter Regulations
LOS ANGELES- In 2025, Argentina implemented significant reforms to its medical cannabis program, REPROCANN, introducing stricter regulations for cultivators, non-governmental organizations (NGOs), and medical professionals. These changes aim to enhance oversight and ensure the program's ...
Curaleaf and Jupiter Research Obtain EU Certification for Medical Cannabis Inhalation Device
LOS ANGELES- Curaleaf International, in collaboration with Jupiter Research LLC, a subsidiary of TILT Holdings Inc., has secured European Union (EU) medical device certification for a handheld liquid inhalation device designed for precise medical cannabis ...
Thailand Implements Stricter Cannabis Regulations
LOS ANGELES- Thailand is set to enforce stricter controls on cannabis sales following a notable increase in smuggling attempts, particularly involving foreign tourists. The Ministry of Public Health announced that, within approximately 40 days, cannabis ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
New Jersey Boosts Cannabis Industry with $12 Million in Equity Grants
LOS ANGELES — In a significant push to bolster its nascent cannabis sector, the New Jersey Economic Development Authority (NJEDA) announced a $12 million grant award to 48 marijuana enterprises as part of the state's ...
California Governor Vetoed Cannabis Cafe Bill, Citing Smoke-Free Concerns
LOS ANGELES — Governor Gavin Newsom has placed a halt on the proposed move to introduce Amsterdam-style cannabis cafes in California. Despite significant bipartisan backing, Assembly Bill 374, the bill that could have potentially transformed ...
Alaska Imposes New Restrictions on Hemp Goods Industry
LOS ANGELES— Alaska has intensified its stance on the rapidly expanding national hemp goods sector, especially targeting hemp-derived products that some locals colloquially term "diet weed." Lt. Gov. Nancy Dahlstrom inked new regulations into ...
Optimi Gains Momentum with Health Canada’s Approval for Psychedelics Supply
Toronto — Optimi, a leading Canadian psychedelics drug research and formulation enterprise, announced a pivotal achievement today. Health Canada has sanctioned an amendment to the company's Dealer's Licence, setting the stage for Optimi to commence ...
Pennsylvania Legislature Mulls Over Tax Reform Benefiting Medical Cannabis Businesses
The Pennsylvania legislature has made strides in advancing a comprehensive tax reform measure, which notably addresses a crucial obstacle faced by state-sanctioned medical cannabis entities: the IRS's 280E code. This code presently restricts these businesses ...
New York Opens Doors for Medical Cannabis Operators to Dive into Adult-Use Retail Market
NEW YORK- In a significant move on Tuesday, New York regulators gave the nod for the state's medical marijuana entities to file applications for adult-use retail licenses. This opens the arena for multi-state operators (MSOs) ...
Lucy Scientific Anticipates Sharp Losses Amidst Regulatory and Operational Costs
LOS ANGELES- Lucy Scientific Discovery Inc. has been in the spotlight, not for its recent acquisitions but for missing its annual report filing deadline with the U.S. Securities and Exchange Commission (SEC). While the company ...
Georgia Pharmacies to Offer Low-THC Cannabis Oil, Expanding Access for Medical Patients
ATLANTA- In a pioneering move, Georgia has become the first state in the U.S. to greenlight the sale of medical cannabis at independent pharmacies, with the objective of simplifying access for its registered medical cannabis ...
PharmaCielo Seeks Financial Stabilization Amid Growing Losses
LOS ANGELES- In a bid to counter increasing financial setbacks, PharmaCielo Ltd., the parent company of the Colombian cannabis cultivator PharmaCielo Colombia Holdings S.A.S., has raised $3.3 million in a recent investment round. Through the ...
Gavin Newsom’s Veto of Cannabis Cafes and Psychedelic Medicine: A Balancing Act
LOS ANGELES-California Governor Gavin Newsom's recent actions on cannabis-related bills have left both proponents of cannabis reform and the cannabis industry with mixed feelings. While he signed several bills into law that will bring significant ...
Clearmind Medicine Partners with Johns Hopkins for Psychedelic-Derived Therapeutic Trials
TEL AVIV— Clearmind Medicine Inc. a biotech firm the charge in discovering and developing innovative psychedelic-derived treatments for significant health concerns, revealed a new collaboration today. The company has forged a Clinical Trial Agreement with ...
Bank of Korea Initiates Central Bank Digital Currency Pilot Program
SEOUL — In a significant move to digitize its currency infrastructure, The Bank of Korea (BOK), in collaboration with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), is rolling out a pilot ...
The Cannabist Company Announces Partial Redemption of Senior Secured Notes
NEW YORK – The Cannabist Company Holdings Inc a major cultivator, manufacturer, and retailer of cannabis products in the U.S., has announced its intention to partially redeem its outstanding 13% senior secured notes due by ...
California’s Psychedelic Dilemma: Governor Newsom’s Tightrope Walk on SB58
LOS ANGELES— Six decades of advocacy for psychedelic legalization in California might finally culminate with the passage of SB58, a landmark bill proposing the decriminalization of certain natural psychedelics for therapeutic use. Having cleared the ...
Arizona’s Cannabis Social Equity Licenses: Intent Versus Outcome
PHOENIX — The State of Arizona's well-intentioned efforts to address historical disparities in the cannabis industry appear to be veering off course. A deep dive into the allocation of social equity licenses, designed to benefit ...
