M4MM
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona shared details of her personal encounter with ibogaine during a recent appearance on CNN. Speaking with Jake Tapper, Sinema highlighted her push for expanded research into ...
Europe’s Medical Cannabis Sector Shows Steady Expansion
LOS ANGELES – Prohibition Partners’ report indicates that Europe's medical Cannabis market could hit approximately €1.4 billion this year, driven by demand in key countries like Germany and the United Kingdom. Analysts point to a ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona shared details of her personal encounter with ibogaine during a recent appearance on CNN. Speaking with Jake Tapper, Sinema highlighted her push for expanded research into ...
Europe’s Medical Cannabis Sector Shows Steady Expansion
LOS ANGELES – Prohibition Partners’ report indicates that Europe's medical Cannabis market could hit approximately €1.4 billion this year, driven by demand in key countries like Germany and the United Kingdom. Analysts point to a ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
American Nurses Association Recognizes Cannabis as Specialty Practice Area
LOS ANGELES- The American Nurses Association (ANA), representing over 5 million nurses in the United States, has formally recognized cannabis as a distinct nursing specialty practice. This announcement, made in a press release on Wednesday, ...
Schumer Expresses Strong Support for Cannabis Banking Reform in Senate
WASHINGTON- Senate Majority Leader Chuck Schumer (D-N.Y.) emphasized his support for cannabis banking reform during his speech on the Senate floor this Wednesday. Addressing the Senate, Schumer discussed the ongoing committee markup for the bipartisan ...
Numinus Wellness Seeks C$10 Million Capital Injection Through Share Sale
LOS ANGELES- Vancouver's Numinus Wellness Inc., a pioneer in the psychedelics space, unveiled plans to generate an additional C$10 million through an at-the-market equity program. However, the exact count of shares to hit the market ...
Medical Cannabis Advocacy Gains Momentum in Nebraska
LOS ANGELES- The advocacy group, Nebraskans for Medical Marijuana (NMM), is stepping up its efforts to legalize medical cannabis in the state. The group has rolled out two initiatives for the 2024 ballot: The Patient ...
Curaleaf Holdings Sets Pricing for Its C$16 Million Subordinate Voting Shares Offering
LOS ANGELES-- Curaleaf Holdings, Inc., a U.S. supplier of consumer cannabis products, revealed the pricing details of its forthcoming marketed offering of subordinate voting shares. Each share has been priced at C$6.00. The sole underwriter ...
Beyond the Balance Sheets: The Role of a Strategic Accountant in Cannabis
LOS ANGELES-In the ever-evolving landscape of the cannabis industry, where regulations shift like the winds, and financial complexities rival those of any other sector, the role of an accountant has taken on a new dimension. ...
Senate Banking Committee Advances Cannabis Banking Bill with Bipartisan Support
WASHINGTON — The Senate Banking Committee on Wednesday signaled a bipartisan move forward in the quest for federal cannabis banking reform. The committee's decision could enable financial institutions to service state-legal cannabis businesses, a monumental ...
Wisconsin Democratic Representatives Advocate for Cannabis Legalization
MADISON— Wisconsin Democratic representatives are bolstering their endeavors to legalize adult recreational cannabis, citing potential economic and social benefits. Senator Melissa Agard and Representative Darin Madison are advocating for legalization, asserting that it will enhance ...
Montana Cannabis Lab Closes Amid Testing Concerns, Sparking Statewide Debate
HELENA— A cannabis testing laboratory in Montana has closed its doors, sparking concerns over testing accuracy and oversight in the state's burgeoning cannabis industry. Stillwater Laboratories, owned by Ron and Kristine Brost, raised alarm bells ...
Detroit’s “Psychedelic Church” Raided by Police Amid Legal Controversies
DETROIT — Just days after being featured on the cover of the Detroit Metro Times, Detroit’s first "psychedelic church," Soul Tribes, faced a police raid, drawing attention to the complex legal landscape surrounding entheogenic plants ...
PharmaTher Holdings Pursues Ketamine-Based Medical Product, Eyes Global Market After FDA Nod
LOS ANGELES- In a recent development marking a leap in the medical application of ketamine, PharmaTher Holdings announced that the U.S. Food and Drug Administration (FDA) accepted the Abbreviated New Drug Application (ANDA) for its ...
Oregon’s Drug Decriminalization Controversy: A Look at the Ongoing Debate
LOS ANGELES- In a turn of events, Oregon faces a renewed battle over its drug policies, following the 2020 voter-approved Measure 110 that decriminalized the possession of drugs. Two petitions circulating in the state aim ...
The Startling Discrepancy: Maine’s Cannabis Testing Reveals A Concerning Trend
LOS ANGELES- In an alarming revelation, a study from Nova Analytic Labs based in Portland, Maine, underscores the lurking dangers in the state's medical cannabis program. The findings reveal a staggering discrepancy between contamination rates ...
The Silent Company Killer: How Distraction Undermines Cannabis Businesses (and Why Focus is Key)
LOS ANGELES- In the ever-evolving landscape of the cannabis industry, staying on the path to success can be a daunting challenge. Cannabis entrepreneurs and operators face myriad hurdles, from shifting regulations to fierce competition. However, ...
The Silent Company Killer: How Distraction Undermines Cannabis Businesses (and Why Focus is Key)
LOS ANGELES- In the ever-evolving landscape of the cannabis industry, staying on the path to success can be a daunting challenge. Cannabis entrepreneurs and operators face myriad hurdles, from shifting regulations to fierce competition. However, ...
