M4MM
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Nebraska Reverses Access to Botanical Cannabis Under Emergency Regulations
LOS ANGELES- Nebraska Governor Jim Pillen approved emergency rules on June 29, establishing a medical cannabis licensing framework effective immediately for up to 90 days. The regulations respond to Measure 438, approved by voters in November 2024, ...
Republicans Push to Recriminalize , NORML Pushes Back
WASHINGTON, D.C.--(NORML) The battle for cannabis freedom is ongoing. Despite growing public support for legalization, there remains a vocal yet powerful minority intent on maintaining the failed policy of cannabis criminalization. But every time ...
Massachusetts Deliberates Social Consumption Regulations for Cannabis Industry
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is progressing with plans to establish regulations for social consumption of cannabis, aiming to balance industry growth with public health and safety considerations. Proposed License Categories In ...
Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services
LOS ANGELES- Safe Harbor Financial, a fintech company specializing in financial services for the regulated cannabis industry, has entered into a strategic partnership with Würk, a human capital management firm focused on the cannabis sector. ...
Study Reveals Proliferation of Psilocybin Dispensaries in Canadian Urban Centers
LOS ANGELES- A recent study published in JAMA Network Open has identified 57 psilocybin dispensaries operating across 35.7% of major Canadian urban centers as of May 2024. The majority of these establishments are located in ...
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Nebraska Reverses Access to Botanical Cannabis Under Emergency Regulations
LOS ANGELES- Nebraska Governor Jim Pillen approved emergency rules on June 29, establishing a medical cannabis licensing framework effective immediately for up to 90 days. The regulations respond to Measure 438, approved by voters in November 2024, ...
Neptune Wellness Solutions Announces Pricing of Public Offering to Raise $4 Million for Expansion and Acquisitions
Neptune Wellness Solutions Inc., a company specializing in plant-based and sustainable lifestyle brands, has announced the pricing of its public offering, which aims to raise approximately US$4 million. The offering consists of 12,121,212 common shares ...
New York Unveils Revised Cannabis Regulations, Opening Doors to Recreational Market and Consumption Sites
NEW YORK New York's highly anticipated revised cannabis industry regulations were released on Wednesday by the Office of Cannabis Management, sparking excitement among stakeholders who promptly began analyzing the document for significant changes. The new ...
Rainbow Realty Group and Co-Lenders Close Senior Mortgage for High-End California Cannabis Cultivator Property
Rainbow Realty Group II, LLC has announced the closing of a senior mortgage secured by a state-of-the-art cannabis cultivation property in Santa Ana, California. The senior mortgage was issued in collaboration with Sweet Leaf Madison ...
Ascend Wellness Holdings Appoints John Hartmann as CEO, Prepares for Next Growth Phase
LOS ANGELES-- Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator dedicated to improving lives through cannabis, has announced the appointment of John Hartmann as the new Chief Executive Officer, effective May 15th. As ...
Surging Global Medical Cannabis Market Fueled by Growing Awareness and Legalization Trends, Forecast to 2030
The global medical cannabis market has witnessed remarkable growth, with its valuation reaching USD $9,882.21 million in 2022, and is anticipated to soar to USD $53,886.43 million by 2030, registering a CAGR of 23.61%. Cannabis, ...
Washington State Boosts Diversity in Cannabis Industry with Social Equity Licensing Initiative
WASHINGTON-- In a progressive move to foster diversity within Washington's cannabis sector, Governor Jay Inslee approved a law amendment on Monday, enabling the state's Liquor and Cannabis Board (LCB) to assign 46 forfeited or unutilized ...
Cannabis Operators Suffer Under Heavy Tax Burden, According to Impact Analysis by Whitney Economics
LOS ANGELES-- Cannabis operators are facing a significant hurdle in the form of federal tax provision 280E, which penalizes traffickers of Schedule I or II drugs by disallowing the deduction of "ordinary and necessary" business ...
Fizzy THC Launches Dissolvable Cannabis Tablets for Infusing Beverages
Fizzy THC, a provider of innovative cannabis products, has announced the launch of its flagship product, the Fizzy THC Dissolvable Beverage Tablets. The tablets allow cannabis consumers to infuse their favorite beverages with low doses ...
Curaleaf Holdings Announces Executive Management Participation in Investor Conferences
LOS ANGELES-- Curaleaf Holdings, Inc., a global provider of cannabis consumer products, announced on Thursday that members of its executive management team will be participating in two investor community conferences in May 2023. On May ...
Green Thumb Industries Workers Win 50% Wage Increase After 13-Day Strike
LOS ANGELES-- Green Thumb Industries (GTI) has finally put an end to a 13-day-long strike by workers at two of its Illinois facilities, Rise Cannabis shops in Joliet and Niles. The International Brotherhood of Teamsters ...
Florida Lawmakers Pass Hemp Regulation Bill Without THC Caps
TALLAHASSEE--Florida lawmakers have passed a revised bill, SB 1676, that introduces child safety regulations and curbs attractive marketing of hemp products to individuals under 21 years. The bill mandates penalties for “mislabeling” or designing packaging ...
Weizmann Institute Scientists Make Revolutionary Discovery in Cannabinoid Biosynthesis
TEL AVIV-- In a groundbreaking study published in the prestigious scientific journal Nature Plants, Weizmann Institute scientists have uncovered a new way to produce cannabinoids using the Helichrysum umbraculigerum plant. Led by Dr. Shirley (Paula) ...
Florida Passes Hemp Regulations With Zero THC Caps, Heads to DeSantis’ Desk
TALLAHASSEE, Fla. — In a major win for hemp farmers and CBD product manufacturers, the Florida Senate has passed a bill that eliminates THC caps on hemp. The legislation, which was approved on Monday, will ...
Florida Hemp Bill Passes With No Limits on THC Levels
TALLAHASSEE, Fla. — In a major win for hemp farmers and CBD product manufacturers, the Florida Senate has passed a bill that eliminates THC caps on hemp. The legislation, which was approved on Monday, will ...
The Michigan Cannabis Regulatory Agency Establishes State-Run Testing Lab
LOS ANGELES-- The Michigan Cannabis Regulatory Agency (CRA) is taking steps to build trust in the state's cannabis industry by establishing a new state-run testing lab. The agency hopes that the lab will enable it ...
