M4MM
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
California’s Cannabis Excise Tax Increase Sparks Industry Concerns
LOS ANGELES- Effective July 1, 2025, California's cannabis excise tax will rise from 15% to 19%, as mandated by Assembly Bill 195 signed in 2022. This adjustment, announced by the California Department of Tax and ...
Calgary Authorizes Cannabis Sales at Adults-Only Events
LOS ANGELES- Calgary City Council has approved amendments to the Business Licence Bylaw, permitting licensed cannabis retailers to operate temporary sales at adults-only events, such as festivals and outdoor shows. This decision aligns the city's ...
Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement
LOS ANGELES- Christina Lake Cannabis Corp. has completed the first tranche of its non-brokered private placement, issuing 22,778,211 units at a price of CAD $0.05 per unit, totaling approximately CAD $1.14 million. Each unit comprises ...
The Role of Government Relations in Cannabis Industry Success
NEW YORK — In highly regulated industries, success depends not only on how well a business operates, but also on how well it fits within the rules set by government. This is especially true in ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Legal Cannabis Consumption at Detroit’s 420 Music Festival Marks a Milestone For The City’s Growing Cannabis Industry
DETROIT-- The city of Detroit is set to host its first-ever cannabis festival, a music event that will allow visitors to consume marijuana legally. The 420 Cannabis Music Festival, organized by D & G Venture, ...
MJ Unpacked Takes Proactive Approach to Addressing Social Equity and Inclusion in Cannabis Industry
NEW YORK--As MJ Unpacked, the premier event for the cannabis industry, gears up to take the stage in New York City from April 26-28, the East Coast cannabis market is poised for massive growth. However, ...
ACT and SC Labs Introduce “Trust in Testing” Certification for Safer Cannabis Products
LOS ANGELES-- ACT Laboratories and SC Labs, two of the largest cannabis testing labs in the United States, have joined forces to introduce the Trust In Testing Certification. This initiative establishes a national set of ...
Cornbread Hemp Closes Successful Seed Round
LOS ANGELES-- Cornbread Hemp, a top-selling CBD brand in the US, announced the successful closing of their seed round of fundraising and the acquisition of their processing and manufacturing partner. This move marks a significant ...
Cannabis Prices in Massachusetts Hit Five-Year Low
MASSACHUSETTS-- The cannabis industry in Massachusetts is facing tough times as prices for both wholesale and retail cannabis have plummeted to their lowest levels in five years. This trend is hitting businesses hard, with several ...
Las Vegas Developer Launches New Cannabis Lounge in New York
NEW YORK–In the affluent SoHo neighborhood of Manhattan, a new cannabis museum called House of Cannabis (aka THC NYC) is set to open on April 7. The museum is the brainchild of Robert Frey, the ...
NBA Will Allow Players To Use Cannabis
LOS ANGELES--The National Basketball Association (NBA) and the National Basketball Players Association (NBPA) have reached a deal to no longer randomly test players for cannabis, as reported by The Athletic. The agreement is part of ...
MediPharm Labs Acquires VIVO Cannabis in All-Equity Deal, Creating Global Medical Cannabis Leader
LOS ANGELES--MediPharm Labs and VIVO Cannabis Inc have announced the completion of a plan of arrangement that will result in MediPharm acquiring all the issued and outstanding common shares of VIVO. This all-equity business combination ...
Kentucky Gov. Beshear Signs Bill Allowing Medical Cannabis Sales By Private Industry in 2025
KENTUCKY-- Kentucky Governor Andy Beshear signed Senate Bill 47 into law on Friday, allowing private industry to sell cannabis beginning in 2025. This move puts Kentucky on the map in the modern cannabis industry, and ...
Schwazze Posts $18.5 Million Loss in 2022 Due to Expansion into New Mexico and Acquisitions, But Sees Strong Revenue Growth and Retail Sales
LOS ANGELES-- Schwazze Inc., formerly known as Medicine Man Technologies Inc. and based in Denver, Colorado, has reported a net loss of $18.5 million for the full year of 2022, a significant downturn from its ...
Columbia Care reports $300 million net loss for Q4 2022 and strategic restructuring efforts
LOS ANGELES-- Columbia Care Inc. recently reported its financial results for the fourth quarter and full year ended Dec. 31, 2022, revealing a net loss of $300 million for the quarter, compared to a net ...
Aurora Cannabis Saves $2.6 Million in Interest Payments Through Repurchase of Convertible Senior Notes
LOS ANGELES-- Canadian cannabis company Aurora Cannabis Inc. has announced that it has repurchased approximately $46.6 million (US$34.3 million) worth of its convertible senior notes. The Notes were repurchased at a total cost, including accrued ...
New York Bill Advances to Cover Medical Cannabis Under State-Funded Insurance Programs
NEW YORK-- New York state lawmakers are pushing forward with a measure that could bring significant relief to patients seeking medical cannabis treatment. The proposed bill, which advanced easily out of a state Assembly committee ...
Canopy Growth Corp. Ordered to Pay C$15 Million in Arbitration Ruling
LOS ANGELES-- Canopy Growth Corp., a major player in the cannabis industry based in Canada, has been hit with a C$15 million penalty by an arbitration tribunal for breach of contract, according to a regulatory ...
Curaleaf to Close NJ Cannabis Cultivation Facility, Resulting in Layoffs
LOS ANGELES-- Curaleaf, a cannabis giant based in Massachusetts, has announced that it will close its cannabis cultivation facility in Bellmawr, New Jersey. The closure will reportedly result in the loss of up to 40 ...
