M4MM
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
Missouri Evaluates Cannabis Market Health
LOS ANGELES- The state of Missouri has initiated a comprehensive evaluation of its cannabis industry, commissioning a study to assess market health and inform decisions on the potential issuance of additional cannabis facility licenses. In ...
Seth Yatakan Announced as Keynote Speaker for LinkedLive CannabizCon
FOR IMMEDIATE RELEASE May 1, 2025 Cannabis Powerbroker Seth Yakatan to Deliver Keynote Address at Highly Capitalized Network’s Groundbreaking Virtual Business Summit, LinkedIn Live HCN CannabizCon LOS ANGELES, CA – Highly Capitalized Network (HCN) is ...
UK Reports 90% Reduction in Mail-Order Cannabis Imports from Thailand
LOS ANGELES- The United Kingdom has reported a 90% decrease in cannabis shipments arriving by mail from Thailand during the first quarter of 2025. This significant decline follows enhanced cooperation between UK and Thai authorities ...
Cannabis Council of Canada Urges Policy Reforms Following Carney’s Election Victory
LOS ANGELES- The Cannabis Council of Canada has extended congratulations to Prime Minister Mark Carney on his recent election victory, while simultaneously calling for immediate policy reforms to support the nation's legal cannabis industry. ...
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
Curaleaf Holdings Inc. Reports 4% Year-Over-Year Revenue Growth in Q2 2023, Continues Strategic Expansion
LOS ANGELES-- Curaleaf Holdings Inc., a cannabis consumer products, reported its financial results for the second quarter ended June 30, 2023, reflecting modest growth in revenue but also an increased net loss compared to the ...
Arkansas Hemp-Derived THC Ban Faces Legal Challenges
LOS ANGELES- Several Arkansas businesses have initiated a legal battle against the state's recent ban on hemp-derived THC products, which took effect on August 1. The plaintiffs, including four local companies, assert that the prohibition ...
Trulieve Reports Expanded Q2 Deficit, Cites Unfavorable Weather Impacting Ongoing Quarter Performance
MIAMI—Trulieve Cannabis (TRUL.CD), a significant player in the cannabis industry, recently announced a larger financial loss for the second quarter. This loss has been attributed to a combination of unusual weather patterns and a drop ...
Los Angeles Cannabis Regulatory Agency Faces Leadership Shake-Up Amid Market Challenges
LOS ANGELES-- Los Angeles Mayor Karen Bass is instigating a shake-up in leadership across various city agencies, including a significant management overhaul at the city's Department of Cannabis Regulation (DCR). This change comes at a ...
California’s Popular Beard Bros Pharms Brand Expands To East Coast
BLACKSTONE, MA – Beard Bros Pharms, a legacy cannabis brand founded by self-made entrepreneurs Bill and Jeff Levers, has partnered with Ideal Craft Cannabis to bring their full-spectrum Rick Simpson Oil (RSO) to Massachusetts. This is the ...
Tilray Brands Acquires Eight Beverage Brands from Anheuser-Busch in $85 Million Deal
LOS ANGELES-- Canadian cannabis producer Tilray Brands has announced an $85 million all-cash acquisition of eight beverage brands from Anheuser-Busch, including well-known breweries such as Breckenridge and Shock Top. The deal, expected to close by ...
New Study Explores the Role of Cannabis in Exercise Recovery
LOS ANGELES-- A recent survey in Cannabis and Cannabinoid Research. reveals that a significant number of individuals are using CBD and THC as part of their recuperation routine following aerobic and resistance workouts, though scientific ...
Canadian Cannabis Wholesaler Urges Government to Reconsider THC Limits and Environmental Impact
TORONTO — The Ontario Cannabis Store (OCS), Canada's largest adult-use wholesaler, has issued a position paper to Health Canada, urging the agency to reconsider the current THC limit governing cannabis edibles and to address the ...
Former Adelanto Mayor Sentenced to 14 Months in Prison Over Bribes from Cannabis Interests
LOS ANGELES-- Adelanto, California's former mayor, Richard Kerr, 66, was sentenced to 14 months in federal prison on Friday for accepting over $57,000 in bribes and kickbacks in exchange for approving ordinances and permits for ...
Headspace Secures $105 Million in Funding for Expansion
TORONTO–Digital healthcare company Headspace, known for its innovative mental health solutions, has secured a $105 million senior debt facility from Oxford Finance, a specialty finance firm serving healthcare and life sciences companies. This investment will ...
German Cabinet Expected to Approve Cannabis Legalization Plan Next Week
BERLIN --Germany's federal cabinet is anticipated to approve the first part of the government's cannabis legalization plan next week, according to Health Minister Karl Lauterbach. In an interview with Rheinische Post, Lauterbach stressed that the ...
Canada’s Licensed Cannabis Producers Struggle as Unpaid Federal Excise Tax Triples
TORONTO— Canada's licensed cannabis producers are in financial turmoil as unpaid federal excise taxes have more than tripled in the latest fiscal year, according to figures provided by the Canada Revenue Agency (CRA). At the ...
Illinois Cannabis Sales Hit $140 Million in July, Boosted by Out-of-State Buyers; Governor Pritzker Celebrates Economic Impact
CHICAGO — Cannabis sales in Illinois surged to $140 million in July, marking the highest total for 2023 and the second-largest monthly sum since legalization began in 2020. The figures, released Thursday by the state's ...
Exploring Cannabis as a Potential Tool to Manage Opioid Cravings Amid a Drug Toxicity Crisis
LOS ANGELES–In a bid to address the escalating harm from the drug toxicity crisis, Canadian researchers from the University of British Columbia (UBC), found innovative strategies that harness the potential of cannabis to curb opioid ...
Do You Need To ‘Trip’ To Get The Full Effects of Psilocybin?
LOS ANGELES–As psilocybin enters the list of new medical applications in Australia, a thought-provoking debate unfolds: is the enchanting world of hallucinations, or ''tripping,'' integral to its efficacy, or can we unlock the benefits of ...
