M4MM
Canopy Growth Shifts DOJA Site to Medical-Only Production in Canada
SMITHS FALLS, ON – Canopy Growth Corporation has repurposed its DOJA cultivation facility in Kelowna, British Columbia, to focus solely on medical Cannabis. The change positions the site as a dedicated supplier for its Spectrum ...
Spain Cabinet Greenlights Medical Cannabis Framework
MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...
Michigan Cannabis Trade Group Challenges New 24% Wholesale Tax in Court
LANSING – Yesterday, hours after Gov. Gretchen Whitmer put her signature on Michigan's latest state budget, the Michigan Cannabis Industry Association moved swiftly to court, filing suit to block a fresh 24% excise tax on ...
Texas Hemp Ban Showdown or Reefer Madness 2.0?
AUSTIN – The Texas Senate Committee on State Affairs ignited a fiery debate on Tuesday, July 22, 2025, during the first hearing of a special legislative session called by Governor Greg Abbott to address the ...
Trulieve Boosts Beverage Portfolio with Onward Expansion and Upward Launch
LOS ANGELES – Trulieve Cannabis Corp. is making waves in the cannabis industry with the expanded distribution of its premium THC-infused beverage, Onward, and the introduction of Upward, a new THC-infused energy drink line. Trulieve's ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
Canopy Growth Shifts DOJA Site to Medical-Only Production in Canada
SMITHS FALLS, ON – Canopy Growth Corporation has repurposed its DOJA cultivation facility in Kelowna, British Columbia, to focus solely on medical Cannabis. The change positions the site as a dedicated supplier for its Spectrum ...
Spain Cabinet Greenlights Medical Cannabis Framework
MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...
Michigan Cannabis Trade Group Challenges New 24% Wholesale Tax in Court
LANSING – Yesterday, hours after Gov. Gretchen Whitmer put her signature on Michigan's latest state budget, the Michigan Cannabis Industry Association moved swiftly to court, filing suit to block a fresh 24% excise tax on ...
Record-Breaking Cannabis Sales in Massachusetts Reach $151.8 Million in June
BOSTON-- Massachusetts witnessed an extraordinary surge in cannabis sales during the month of June, with total transactions reaching a remarkable $151.8 million, as reported by state figures. This impressive figure consists of $132.8 million in ...
States Collaborate with Federal Regulators in Sharing Cannabis Data for Rescheduling Review
LOS ANGELES-- In a significant development, several states with medical cannabis programs have collaborated with U.S. health regulators to provide crucial data regarding cannabis use and its impact on patients. This information, including details about ...
Virginia’s Cannabis and Hemp Markets Face Regulatory Uncertainty
LOS ANGELES-- The cannabis and hemp markets in Virginia are facing significant turmoil due to regulatory uncertainty perpetuated by the state's Republican leadership. The previously anticipated launch of recreational cannabis sales in January 2024 is ...
Illinois Social Equity License Winners Face Challenges in Opening Cannabis Shops
ILLINOIS-- The 55 winners of the upcoming Illinois social equity license lottery, set to be announced on Thursday, may encounter difficulties in successfully launching their cannabis businesses. Historical data indicates that only a fraction of ...
Maryland’s First Week of Adult-Use Cannabis Sales Tops $20 Million
LOS ANGELES-- Maryland's cannabis retailers reported a remarkable achievement, with nearly $21 million in combined sales of medical and recreational cannabis products during the state's inaugural week of adult-use sales. Andrew Garrison, Chief of Policy ...
FDA and FTC Warn Companies Selling Delta-8 THC Foods for Safety Violations
LOS ANGELES-- The U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have jointly taken action against six companies for illegally selling food products containing delta-8 THC, a hemp-derived compound. Warning letters ...
Pennsylvania Senate Committee Advances Proposal for Expanded Medical Cannabis Access
HARRISBURG-- The Pennsylvania Senate Law & Justice Committee has taken a significant step forward by approving a proposal that would grant physicians the authority to certify patients for the state's medical cannabis program based on ...
Wholesale Cannabis Prices in Michigan Show Signs of Stability
MICHIGAN - Wholesale prices for cannabis flower in Michigan have recently shown signs of leveling off and even a slight uptick, providing a glimmer of hope for producers who have endured a significant decline in ...
New York Gov. Kathy Hochul’s Office Delays Plans for Cannabis Farmers Markets
NEW YORK - Plans for cannabis farmers markets in New York State have hit an impasse as Gov. Kathy Hochul's office puts the idea on hold indefinitely. The proposal, initially introduced by state regulators in ...
Massachusetts Strip Club Ditches Controversial “Topless Cannabis” Plans
WHATELY, Mass. — In a surprising turn of events, the owners of Club Castaway in Whately have announced their plans to reopen the strip club next month. The establishment, Franklin County's sole strip club, ...
Germany’s Supreme Court Says ”No” To Canabis Legalization Plans
Berlin--In a federal legal setback for the pending decriminalization of cannabis, the Karlsruhe-based Supreme Court has upheld its case law from the 1990s, disregarding several appeals. The ruling, issued by the Third Chamber of the ...
The Complexities of Research and Development Taxation in California’s Cannabis Industry
LOS ANGELES-- In recent years, the U.S. cannabis industry has experienced unprecedented growth, with a majority of states embracing its medical applications and an increasing number legalizing adult use. This surge in acceptance has been ...
The Tax Challenges Plaguing the Cannabis Industry
LOS ANGELES-- The year 2022 brought forth a significant shift in the financial landscape for the cannabis industry, as businesses grappled with a pressing tax conundrum. With the looming income tax filing season, cannabis taxpayers ...
The Advantages of Being a “Qualified Manufacturer” in the Cannabis Industry
NEW YORK -- In the ever-expanding landscape of New York's cannabis industry, entrepreneurs face a multitude of challenges on their path to success. From navigating the complexities of licensing to competing against illicit market players, ...
Complexities of Cannabis Outsourcing in a Murky Legal Landscape
LOS ANGELES-- The rapid evolution of the cannabis industry, as it transitions from the shadows of illicit trade to the forefront of mainstream commerce, has brought about a host of challenges for businesses. In response, ...
