M4MM
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like Cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
Michigan Senate Approved 24% Wholesale Cannabis Tax
LANSING – In a late-night session that stretched into the early hours of Friday, October 3, 2025, the Michigan Senate gave final approval to a sweeping state budget that includes a new 24% wholesale tax ...
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 ...
Kentucky Governor Urges Trump to Honor Campaign Promise on Cannabis Rescheduling
FRANKFORT – Kentucky Governor Andy Beshear (D) has stepped into the national spotlight, urging President Donald Trump to oppose congressional efforts that would halt the federal rescheduling of cannabis from Schedule I to Schedule III ...
The DEA’s Time‑Warp Appointment: Terrance Cole and the Revival of “Reefer Madness”
WASHINGTON, D.C. –Terrance Cole, the newly confirmed Drug Enforcement Administration (DEA) Administrator, brings a worldview rooted in 1980s-era drug hysteria—one that dismisses decades of research, economic gains from cannabis legalization, and evolving public opinion. ...
Texas Governor Backs Regulation Over Ban in Hemp THC Showdown
DALLAS —Texas Governor Greg Abbott has drawn a firm line in the sand when it comes to the future of the hemp industry in the Lone Star State. In a public statement on July 22, ...
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like Cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
Michigan Senate Approved 24% Wholesale Cannabis Tax
LANSING – In a late-night session that stretched into the early hours of Friday, October 3, 2025, the Michigan Senate gave final approval to a sweeping state budget that includes a new 24% wholesale tax ...
South Dakota Takes Steps Towards Legalization of Cannabis: New Initiative Awaits Public Comment
LOS ANGELES-- South Dakota's path to legalizing cannabis took a notable step forward, as the state's Attorney General Marty Jackley (R) has officially released a draft summary of an initiative to legalize the substance. The ...
MindMed Partners with K2 HealthVentures in $50 Million Credit Facility for Brain Health Research
NEW YORK — Mind Medicine (MindMed) Inc., a clinical-stage biopharmaceutical company focused on developing innovative solutions for brain health disorders, announced today the signing of a senior secured credit facility with K2 HealthVentures, a leading ...
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 ...
