M4MM
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
LEEF Brands Reports Financial Results
LOS ANGELES- LEEF Brands Inc. a vertically integrated cannabis company based in California, has released its financial results for the first quarter of 2025 and the full year of 2024. The company reported a 19% ...
California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES- California's legal cannabis industry is confronting a potential tax increase that stakeholders warn could exacerbate existing challenges. Assembly Bill 564 (AB 564), introduced by Assemblymember Matt Haney (D-San Francisco), seeks to prevent the ...
Glass House Brands Schedules Q1 2025 Earnings Call for May 13
LOS ANGELES- Glass House Brands Inc. a vertically integrated cannabis company focused on the California market, announced it will release its financial results for the first quarter of 2025 on Tuesday, May 13, after market ...
Nebraska Attorney General Challenges Voter-Approved Medical Cannabis Law
LOS ANGELES- Nebraska Attorney General Mike Hilgers continues to contest the implementation of the state's voter-approved medical cannabis law, citing concerns over the legality of the ballot initiatives and the regulatory framework established by the ...
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
Columbia Care Reports Q2 Earnings: Revenue Remains Steady as Cost-Cutting Efforts Show Results
NEW YORK — Columbia Care Inc., a player in the cannabis industry, released its financial results for the second quarter ending June 30, 2023, showcasing resilience amid complex market conditions. The numbers reveal slight shifts ...
Glass House Brands Reports Record Second Quarter 2023 Financial Results
LOS ANGELES-- Glass House Brands Inc., a vertically integrated cannabis companies in the U.S., reported its financial results for Q2 2023, ending June 30. The figures reveal a record-breaking quarter for the company, with revenue ...
Michigan Poised to Become a $3 Billion Cannabis Market; July Sales Record Set
LOS ANGELES —Michigan's cannabis market is booming, on pace to reach a significant milestone this year, potentially becoming the nation's second $3-billion market. Licensed dispensaries reported record sales of $276.7 million in July 2023, with ...
Alabama Medical Cannabis Commission Revamps Licensing, Leaving Verano Holdings Out
LOS ANGELES-- The Alabama Medical Cannabis Commission has overhauled its initial round of business licensing, with some of the original winners, including Verano Holdings Inc., ending up on the losing side. The reshuffling has led ...
Mind Medicine Partners with Catalent for Innovative Psychedelic-Based Anxiety Treatment
NEW YORK — Mind Medicine Inc., known as MindMed, has secured a licensing agreement with Catalent to utilize its proprietary Zydis orally disintegrating tablet (ODT) technology for the development of a groundbreaking psychedelic-based anxiety treatment, ...
New Hampshire to Explore State-Run Cannabis Sales Through Newly Signed Bill
LOS ANGELES- Governor Chris Sununu (R) of New Hampshire, a known opponent of adult-use cannabis legalization, signed a bill on Tuesday to create a commission to study the possibility of selling cannabis through state-owned shops. ...
Cronos Group Reports Q2 2023 Financial Results, Announces Strategic Shift Amid Market Challenges
NEW YORK — Cronos Group Inc. released its financial results for the second quarter of 2023, revealing a net revenue of $19.0 million, an 11.9% decrease from the same period in 2022. The decline has ...
Cannabis Tech Platform Weedmaps Posts $2 Million Profit
LOS ANGELES–Amid a challenging period, WM Technology, known as the cannabis advertising powerhouse Weedmaps, has revealed an encouraging financial turnaround through its latest quarterly profit report. For the quarter ending on June 30, WM Technology ...
Cannabis Industry’s Branding Challenge: Beyond Packaging and Social Media
LOS ANGELES–Amid the flourishing cannabis industry, branding efforts often focus on packaging and social media, missing out on essential elements. Experts suggest that cannabis marketing needs to evolve beyond these basics to truly succeed. Cannabis ...
Germany’s Cannabis Legalization: The Debate Over Edibles and Public Health
BERLIN-- Germany is currently embarking on a significant journey toward cannabis legalization, with ministers unveiling a national cannabis reform strategy. The plan involves legalizing personal freedoms like possession and cultivation, as well as noncommercial cannabis ...
Alabama Medical Cannabis Commission to Reevaluate Licensing Process Amidst Lawsuits
LOS ANGELES— In a move that could reshape the landscape of Alabama's burgeoning cannabis industry, the Alabama Medical Cannabis Commission (AMCC) indicated in a Monday court filing its intention to nullify the licenses it awarded ...
U.S. Inflation Rebounds Slightly in July, Easing Rate Hike Concerns
LOS ANGELES-- The annual increase in the Consumer Price Index (CPI) saw a mild uptick in July 2023, marking the first rebound after 12 consecutive months of declines from over four-decade highs of 9.1% in ...
Support for Cannabis Legalization in Pennsylvania Shows Decline; New Legislation Still on the Table
LOS ANGELES-- In a surprising turn of events, support for cannabis legalization in Pennsylvania has seen a decline for the first time in a decade. The 2023 Pennsylvania Health Survey, conducted by Muhlenberg College Public ...
Montana Cannabis Ownership Law Faces Legal Challenge over Residency Requirements
LOS ANGELES-- A father-and-son investor duo are the latest to challenge state residency requirements for cannabis business ownership, a contentious issue facing multiple states. Two out-of-state investors, Tom and Jerry Reed, have filed lawsuits in ...
American Psychedelic Practitioners Association and BrainFutures Publish First-Ever Guidelines for Psychedelic-Assisted Therapy
LOS ANGELES-- The American Psychedelic Practitioners Association (APPA) in collaboration with BrainFutures has published reportedly the first set of professional practice guidelines for psychedelic-assisted therapy in the United States. These guidelines come as the FDA's ...
