M4MM
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
New Mexico Cannabis Market Edges Toward $2B in Total Sales
ALBUQUERQUE – New Mexico's Cannabis industry has recorded $1.9 billion in combined medical and adult-use sales since recreational legalization took effect in April 2022, according to the latest figures from the state’s Regulation and Licensing ...
Fairfax Bank Retreats from Servicing Cannabis Businesses
FAIRFAX – MainStreet Bancshares Inc., a community lender with $2.2 billion in assets, has shelved its Cannabis banking program just eight months after unveiling it as a growth driver. The decision, disclosed by CEO Jeff ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Avant Brands Reports $9.7 Million in Q2 2025 Revenue
TORONTO – Avant Brands Inc., a Kelowna-based Cannabis producer, reported $9.7 million in gross revenue for the second quarter of 2025, covering the three months ended May 31, according to its latest financial disclosure. The ...
Miss Grass Joins Curaleaf to Expand Medical Cannabis Access in Florida
LOS ANGELES – Curaleaf Holdings, Inc. has entered into an exclusive partnership with Miss Grass, a women-founded Cannabis brand celebrated for its premium flower and wellness-focused approach. Announced on August 4, this collaboration introduces Miss ...
HCN Launches HCN Pay: The First Dual-Processor Payments Solution Designed Specifically for Cannabis Retail
LOS ANGELES — Highly Capitalized Network, a leading business and financial media platform for the Cannabis, psychedelics, and wellness industries, has officially launched HCN Pay, a breakthrough payments solution built exclusively for Cannabis retailers. HCN ...
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
New Mexico Cannabis Market Edges Toward $2B in Total Sales
ALBUQUERQUE – New Mexico's Cannabis industry has recorded $1.9 billion in combined medical and adult-use sales since recreational legalization took effect in April 2022, according to the latest figures from the state’s Regulation and Licensing ...
Fairfax Bank Retreats from Servicing Cannabis Businesses
FAIRFAX – MainStreet Bancshares Inc., a community lender with $2.2 billion in assets, has shelved its Cannabis banking program just eight months after unveiling it as a growth driver. The decision, disclosed by CEO Jeff ...
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 ...
Terrapin Care Station Abandons New York Production Facility Plans Due to Delayed Market Launch
LOS ANGELES-- Colorado-based cannabis company Terrapin Care Station has decided to abandon its plans for a production facility in the town of Auburn, New York. The decision was reportedly made due to delays in the ...
Union Vows to Fight to Ensure Pay Increases Made Permanent
JOLIET, Ill.– A 13-day Unfair Labor Practice (ULP) strike led by Teamsters Local 777 members at two Rise Cannabis dispensaries in Joliet, Ill. and one in Niles, Ill. has forced the parent company, Green Thumb ...
Survey: Patients Frequently Report Using Cannabis to Combat Sleep Disorders
SYDNEY, Australia-–Cannabis is increasingly being consumed by patients to treat sleep-related issues, particularly insomnia, according to survey data published in the journal Nature and Science of Sleep. Researchers affiliated with the University of Sydney surveyed ...
More Studies Link Cannabis Use to Greater Levels of Exercise
LOS ANGELES-As more states legalize cannabis, research continues to shed light on the various ways people are incorporating the plant into their daily routines. A recent study found that cannabis is increasingly being used to ...
