M4MM
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
TILT Holdings Addresses Default Notices from Innovative Industrial Properties
LOS ANGELES- TILT Holdings Inc., a provider of cannabis business solutions, has received default notices from Innovative Industrial Properties (IIP) concerning two properties due to outstanding rental obligations. The properties in question are located ...
AYR Wellness Announces Leadership Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, has announced recent adjustments to its executive team. Effective April 4, 2025, Steven M. Cohen stepped down as Interim Chief Executive Officer, a position he ...
Tariffs Expected to Increase Costs for U.S. Cannabis Consumers
LOS ANGELES- Recent tariff measures introduced by the U.S. administration are projected to raise the prices of cannabis products nationwide. The cannabis industry, which relies significantly on imports for various components, is poised to experience ...
Ireland Could Make Great Cannabis Policy: Examining the Past to Look Forward
LOS ANGELES - Access to safe and controlled cannabis for the Irish people is being decided upon in 2025. Watching a country make cannabis history is fascinating; Ireland and Europe at large are grappling with ...
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
MC Global Holdings Reports Strong Q1 Revenue, Significant Net Income Growth, and Positive Cash Flow
LOS ANGELES-- MC Global Holdings (MCG) has announced impressive financial results for the first quarter (Q1) of 2023, with strong revenue, substantial net income growth, and positive cash flow. The company exceeded expectations, surpassing both ...
Neptune Wellness Solutions Successfully Completes Public Offering, Securing Approximately $4 Million in Gross Proceeds
LOS ANGELES-- Neptune Wellness Solutions Inc., a consumer-packaged goods company focused on plant-based and sustainable lifestyle brands, has successfully closed a public offering of its common shares and accompanying warrants. The offering consisted of 12,121,212 ...
Curaleaf Holdings, Inc. Reports Strong Q1 2023 Results, Exceeding Revenue Expectations
LOS ANGELES-- Curaleaf Holdings, Inc, a global provider of consumer products in the cannabis industry, announced its financial and operating results for the first quarter ended March 31, 2023. The company's performance exceeded expectations, demonstrating ...
CASE STUDY: What Can Cannabis Leaders Learn From Mid-Day Squares?
LOS ANGELES--Mid-Day Squares, the brainchild of Nick Saltarelli, Lezlie Karls, and Jake Karls, has emerged as a captivating force in the world of chocolate. This family-owned business has embarked on a mission to combat mid-day ...
California Cannabis Brands & Distributors Organize Targeting Tardy Dispensary Payments
SAN FRANCISCO--Cannabis operators Kiva Sales & Service, Lowell Farms, Nabis, Sunderstorm and other key industry players in the world’s largest legal market, today announced the formal launch of Financial Stability for California Cannabis (FSCC), a new coalition composed of industry stakeholders. ...
A Leap Forward: The Psychedelic Revolution in Mainstream Medicine
LOS ANGELES-- Psychedelic-assisted therapy, though still viewed with skepticism by some segments of society, has taken a significant step towards mainstream medical acceptance. The American Medical Association (AMA), a key player in the U.S. healthcare ...
Cannabis Industry Sees Continued Growth Across Various Markets
LOS ANGELES--, The cannabis industry has witnessed a significant expansion in recent years, finding applications in diverse sectors such as cosmetics, pharmaceuticals, and food and beverages, according to a report from Grand View Research. The ...
Glass House Brands Surpasses Expectations in Q1 2023 with Positive Cash Flow and Increased Revenue
LOS ANGELES-- Glass House Brands Inc., a prominent vertically integrated cannabis company in the U.S., has reported impressive financial results for the first quarter ending March 31, 2023. The company registered a net sales growth ...
Review: MJ Unpacked Returns To Light Up New York
3 Big Hits From MJ Unpacked in New York By Gregory Frye If you didn’t make it to MJ Unpacked in New York City late last month, you missed out on a fantastic cannabis conference. ...
Green Thumb Industries Grapples with Federal Complaints and Union Negotiations Amid Employee Strikes
LOS ANGELES-- Illinois-based cannabis company, Green Thumb Industries is navigating stormy waters as it continues to negotiate employment terms with the International Brotherhood of Teamsters. This follows a nearly two-week-long strike at several of Green ...
MediPharm Labs Reports Strong Financial Results and Progress Towards Profitability
LOS ANGELES-- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced its financial results for the first quarter ended March 31, 2023. The company's performance reflects progress towards profitability and significant milestones ...
Oklahoma Cannabis Industry Successfully Navigates Contentious Legislative Session
OKLAHOMA-- Despite concerns over a potential crackdown on Oklahoma's medical cannabis market following the failure of a recreational marijuana legalization ballot question in March, the state's cannabis industry has managed to avoid a disastrous outcome ...
New US Senate Hearings: Why is The SAFE Banking Act Important?
LOS ANGELES--The Safe Banking Act, a bill that would provide a safe haven for banks and financial institutions that work with legal cannabis businesses, is under discussion in Congress. If passed, the Act would allow ...
RIV Capital Provides Regulatory and Operational Update on New York’s Revised Cannabis Regulations
NEW YORK -- RIV Capital Inc, an acquisition and investment firm focused on developing a leading multistate platform with a robust portfolio of brands in strategic U.S. markets, has shared a regulatory and operational update ...
Uncomfortably High: Many Cannabis Labels Found Inflating THC Levels
LOS ANGELES--Legal cannabis products sold in the United States are required by law to report their THC potency, or the percentage of tetrahydrocannabinol by dry weight, on the packaging. However, concerns have been raised about ...
