M4MM
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
New York’s Legal Cannabis Sales Approach $1 Billion Milestone
LOS ANGELES- New York State's legal cannabis market is on track to surpass $1 billion in sales by the end of December 2024, marking a significant achievement since the market's inception two years ago. As ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Canopy Growth Appoints New CEO Amid Financial Challenges
LOS ANGELES- Canopy Growth Corp., a cannabis industry, has announced the appointment of Luc Mongeau as its new Chief Executive Officer, effective January 6. Mongeau succeeds David Klein in this leadership role. With over 25 ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
How Cannabis Reveals Your Creative Talents
LOS ANGELES–According to scientists, creativity in humans is centered in the brain’s frontal lobe. Cannabis consumption boosts cerebral blood flow (CBF) in this area, making it more active. This type of practice encourages artistic output ...
Storz & Bickel Debuts “with Love, for Peace” Limited-Edition VOLCANO CLASSIC
TUTTLINGEN, Germany, Sept. 8, 2022 -STORZ & BICKEL GmbH a manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy Growth, today unveiled a limited-edition version of its flagship VOLCANO CLASSIC device: the PEACE VOLCANO. Constructed ...
Biotechnology Company Purissima Releases Study Findings Related to the Potential Applications and Usage of Cannabichromene (CBC)
SAN FRANCISCO, Sept. 8, 2022 Purissima a technology health and wellness company, announced the completion of two separate ingredient testing programs with two leading contract research organizations. Testing included biological tests on human skin explants ...
Glass House Brands Closes Grover Beach and Lemoore Natural Healing Center Dispensary Acquisitions
LONG BEACH, CA and TORONTO, Sept. 8, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been obtained for Glass House's acquisition of the Natural Healing Center dispensaries located in Grover Beach and Lemoore, California, and that the ...
Ascend Wellness CEO Abner Kurtin Arrested & Charged With Battery in Florida
MIAMI- Abner Kurtin, the CEO of Ascend Wellness (CSE: AAWH), was arrested in Miami-Dade County. He was then charged with violence and freed yesterday after posting a $1,500 bond. A "stay away order" was issued, ...
MJUnpacked Announces Las Vegas Show This Month & Partnership with Clio Cannabis Awards
NEW YORK, May 25, 2022 – MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, has announced its return to Las Vegas on September 28-30, 2022 at the MGM Grand. Additionally, MJ Unpacked ...
Arkansas Medical Cannabis Sales Reach Record $23.7M in August
ARKANSAS, USA — Medical cannabis patients in Arkansas spent $23.27 million in August 2022 at the state's 38 dispensaries, according to the department of health. The ReLeaf Center in Bentonville was the dispensary with the second largest ...
Vertically Integrated Cannabis Company, The Nirvana Group, Expands into New Mexico
ALBUQUERQUE, N.M., Sept. 7, 2022 The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, ...
San Francisco Decriminalizes Psychedelics & Entheogenic Plants
SAN FRANCISCO–A resolution that decriminalizes psychedelics and other "entheogenic plants" including magic mushrooms (psilocybin), ibogaine, and ayahuasca, which was proposed last month by Supervisors Dean Preston and Hillary Ronen, has been approved. In a stroke ...
Jushi Debuts Cannabis-Infused Chocolates by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced the launch of cannabis-infused chocolates by Tasteology in Massachusetts. The debut of the Company's latest product line, which has ...
Global Cannabis Market to Reach $148.9 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global cannabis market generated $25.7 billion in 2021, and is projected to reach $148.9 billion by 2031, growing at a CAGR of ...
Cannabis Community College Announces a New Online Education Platform
LAS VEGAS - Cannabis Community College is pleased to announce the launch of its new online education platform, featuring high-value classes taught by industry experts. Students can take courses and get certified at their leisure ...
Halo Collective and Alpha Blue Ocean Agree to Early Termination of Loan and Convertible Debentures Agreements
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, ...
Unity Rd. U.S. Cannabis Franchise Fuels 2022 Growth With New Market Expansion and Pending Transformative Acquisition
PHOENIX, Sept. 7, 2022 - Unity Rd National cannabis dispensary franchise in the U.S., has hit record-breaking milestones in 2022. From a pending acquisition that will expand the brand into the world's second largest cannabis market to ...
SEC, OCS and DOJ Investigate Dan Bilzerian’s Ignite Cannabis Company
TORONTO-Dan Bilzerian is under investigation by investigators from the US and Canadian governments. With more than 30 million followers on Instagram alone, Dan is regarded as the ''King of Instagram,'' but with the latest news, ...
