M4MM
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Glass House Brands and UC Berkeley Collaborate on Hemp Research and Development
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has entered into a collaboration with the University of California, Berkeley, to conduct research on hemp. The partnership will focus on areas such as ...
Cannabis Testing Market Projected to Reach $3.2 Billion by 2030
LOS ANGELES- The global cannabis testing market is projected to experience significant growth, with estimates indicating an increase from $1.26 billion in 2025 to $2.33 billion by 2030, reflecting a compound annual growth rate (CAGR) ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Women’s Canna Awards Returns For Second Year
SACRAMENTO– The Women’s Canna Awards, produced by Debutante Honors, Inc, a 501(c)(6) professional association, the biggest and most sought-after award show dedicated to highlighting women in the cannabis industry, will be returning for its second ...
Falling Stock Prices Force Down Cannabis Industry CEO Pay in 2022
LOS ANGELES-The cannabis industry has been a rollercoaster ride for investors and executives alike, with fluctuating stock prices and evolving regulations shaping the landscape. One significant consequence of the industry's ups and downs has been ...
InMed Pharmaceuticals Evaluates Options for Promising INM-755 Compound After Successful Clinical Trial
LOS ANGELES-- Following the encouraging results of its Phase II clinical trial for INM-755, an anti-itch cannabinoid-based cream for skin disorders, InMed Pharmaceuticals (NASDAQ: INM) is now weighing its next steps to maximize value for ...
Ohio’s Adult-Use Cannabis Legalization Bid Requires More Signatures
LOS ANGELES-- Ohio voters could potentially see the issue of adult-use cannabis legalization on the November ballot, but campaign organizers are facing a final hurdle before achieving that goal. The "Regulate Cannabis Like Alcohol" campaign, ...
Hemp Companies in Maryland Challenge State Officials, Citing Regulatory Plan Threatening Business Survival
LOS ANGELES-- A group of hemp companies in Maryland has taken legal action against Governor Wes Moore and several state officials, contending that the regulatory framework approved for the recreational cannabis industry poses a serious ...
Arkansas Bans THC Products Derived from Hemp Ahead of Projected $300 Million Medical Cannabis Sales
LOS ANGELES-- Effective August 1, a new law in Arkansas will prohibit the sale of THC products derived from hemp, as reported by 40/29 News. This measure comes amid the state's projected record-breaking medical cannabis ...
Legisladores Colombianos Reintroducen Proyecto de Ley para la Legalización del Cannabis en Todo el País
BOGOTA-- Los legisladores colombianos han dado un nuevo paso hacia la legalización del cannabis en todo el país al reintroducir un proyecto de ley durante la próxima sesión legislativa. Este esfuerzo renovado llega apenas un ...
Colombian Lawmakers Reintroduce Bill to Legalize Cannabis Nationwide
BOGOTA-- Colombian lawmakers have taken another step toward nationwide cannabis legalization by reintroducing a bill during the upcoming legislative session. This renewed effort comes just a month after the previous version stalled in the Senate, ...
Florida Grants Medical Cannabis Licenses to Black Farmers Under New Law
LOS ANGELES-- In a groundbreaking development, two Black farmers in Florida have been granted medical marijuana business licenses as per the legislation signed into law by Governor Ron DeSantis last month. The legalization law, which ...
Albanian Parliament Greenlights Legislation for Medical and Industrial Cannabis Industry
LOS ANGELES-- In a significant move, the Albanian parliament has taken steps to establish a legal and regulatory framework for the burgeoning medical and industrial cannabis sector. With resounding support, lawmakers voted in favor of ...
Cannabis Legalization: The Impact on Canine Cannabis Sniffers & Ensuring Their Retirement
NEW YORK-The legalization of cannabis in various states across the USA has brought about significant changes in multiple industries, including law enforcement. One area that has been significantly affected is the use of canine cannabis ...
Numinus Wellness Aims for Post-Therapy Approval Success Amid Psychedelic Sector Challenges
LOS ANGELES-- Despite a significant decline in its stock value since its peak in 2021, Numinus Wellness Inc. remains determined to navigate the challenges in the psychedelic space. The company's management is strategically optimizing operations, ...
Canadian Cannabis Retail Sales Show Modest Growth in May
TORONTO-- Statistics Canada has recently released the May retail sales figures for cannabis in the country, revealing a moderate increase from April levels. According to the report, cannabis sales rose by 1.2%, reaching C$415.6 million. ...
First Citizens Bank Provides $1 Million Credit to The Georgia Hemp Company for Promotional Initiative
LOS ANGELES--First Citizens Bank, through its Hemp Business division, has announced its provision of a $1 million working capital line of credit to RYJO, the parent entity of The Georgia Hemp Company. The financial support ...
Retailers Outperform Cultivators in Most States as Federal Reform News Drives Cannabis Market
LOS ANGELES-- A recent report by cannabis research firm Zuanic & Associates sheds light on the performance of the cannabis industry during the second quarter. According to the report, market conditions in most states have ...
