M4MM
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Nebraska Judge Upholds Voter-Approved Medical Cannabis Initiatives
LOS ANGELES- A Nebraska district court has affirmed the validity of two voter-approved measures concerning medical cannabis, dismissing allegations of fraudulent signature collection. The legal challenge aimed to invalidate Measures 437 and 438, which were ...
Germany’s Cannabis Legislation Faces Criticism
LOS ANGELES- Germany's recent legalization of cannabis has encountered significant criticism from various stakeholders, highlighting challenges in its implementation and effectiveness. Criticism from Berlin's Justice Senator Felor Badenberg, Berlin's Justice Senator, has expressed concerns that ...
Cannara Biotech Reports Record Growth in Fiscal 2024
LOS ANGELES- Montreal-based Cannara Biotech Inc a vertically integrated cannabis producer, announced record-breaking financial results for its fiscal year ended August 31, 2024. The company reported total annual revenues of $82.2 million, a 43% increase ...
Texas Attorney General Challenges Dallas Cannabis Decriminalization Measure
LOS ANGELES- Texas Attorney General Ken Paxton has initiated legal action against the City of Dallas following the adoption of Proposition R, a voter-approved measure aimed at decriminalizing the possession of up to four ounces ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing
TORONTO, Oct. 12, 2022 TerrAscend Corp. a North American cannabis operator, today announced that its NewJersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC, and HMS Health, LLC, have closed on ...
VJ Group Launches Cannabis Industry Division, VJ Scientific, and Unveils New Decontamination Machine
CHELMSFORD, Mass., Oct. 12, 2022 VJ Group A global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. ...
Ayr Wellness Appoints David Goubert as President
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that consumer packaged goods and retail industry veteran David Goubert has been appointed President, joining Ayr’s leadership team to oversee the Company’s operational and commercial ...
Cannabidiol (CBD) Vape Juice Market Augmented to Reach USD 71,004.34 Million by 2029
LONDON - This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm's ...
Neptune Wellness Solutions Inc. Closes $6.0 Million Offering
LAVAL, QC, Oct. 11, 2022 Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed the previously announced ...
CanPay Announced as Sole Digital Payments Solution for Seed & Beyond
LITTLETON, Colo., Oct. 11, 2022 A digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software. ...
Fire & Flower Announces U.S. Market Update and Hifyre Technology to be Launched in Colorado
TORONTO, Oct. 11, 2022 Fire & Flower Holdings Corp. a cannabis consumer retail and technology platform announced today updates to its U.S. market entry through its strategic arrangement with Fire & Flower U.S. Holdings Inc. ...
Cannabis Market to Register Growth of USD 168.58 Billion
TORONTO - A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Cannabis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This ...
The Continued Legalization of Cannabis Creates Need for Intoxication Detection Devices
NEW YORK - Sales of Cannabis products are expected to continue to grow as more states and major markets ease accessibility. According to data published by MJBizDaily, the combined U.S. medical and recreational cannabis sales ...
Industrial Hemp Market Size US$ 3 Billion by 2028
PUNE - Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp ...
Velvet Cannabis Opens in Eagle Rock, Bringing Its Upscale Cannabis Retail Experience to Los Angeles
LOS ANGELES, Oct. 7, 2022 Located in Eagle Rock, just off the Highway 134 and Figueroa interchange, Velvet Cannabis quietly opened its doors in late April as the company's cannabis dispensary in Los Angeles. Founded by Matt Morea and Farid Harrison. "We are ...
Left Coast Financial – The Provider of Dispensary Business Banking Solutions for Cannabis Industry
PORTLAND, Ore., Oct. 7, 2022 Founded in 2016 and headquartered in Portland, Oregon, Left Coast Financial Solutions is a neo-bank offering an online payment platform bridging cannabis and banking. As a provider of dispensary business banking solutions for the cannabis ...
Curaleaf Celebrates Opening of Scottsdale, Arizona Dispensary
WAKEFIELD, Mass., Oct. 7, 2022 Curaleaf Holdings, Inc, today announced the opening of its Scottsdale dispensary, located at 16277 N Greenway Hayden Loop, Scottsdale, AZ 85260. Curaleaf Scottsdale is one of its 16 dispensaries in the Grand Canyon State. Located across ...
U.S. Food and Drug Administration Names First Internal Cannabis Advisor
NEW YORK- According to an internal memo from earlier this week that an FDA spokesperson provided to the financial publication, MarketWatch, the U.S. Food and Drug Administration has appointed Norman Birenbaum, the former director of ...
Aurora Cannabis Repurchases US$23 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $31.3 million (US$23.0 million) principal amount ...
