M4MM
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Michigan Transfers Hemp Regulation to USDA
LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Akerna Announces Financial Results for Second Quarter 2022
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for ...
Global Medicinal Cannabis Market to Surpass US$ 58MM by 2030
SEATTLE- According to Coherent Market Insights, the global medicinal cannabis market is estimated to be valued at US$ 10,180.17 Million in 2022 and is expected to exhibit a CAGR of 24.4 % during the forecast ...
Verano Releases Signature Reserve and Essence Branded Product Lines in Four Additional Core Cannabis Markets
CHICAGO - Verano™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today announced the Company now offers its namesake Verano signature flower branded products in four new core markets: Arizona, Florida, Massachusetts and ...
Cronos Group Reports 2022 Second Quarter Results
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 second quarter business results. “I am encouraged by the progress we are making to realign our business around our brands to become more ...
Medical Marijuana Market Worth USD 248.42 Billion by 2030 at 31.97% CAGR
New York, USA - Medical Marijuana Market Overview - According to a Comprehensive Research Report by Market Research Future (MRFR), “Medical Marijuana Market Information By Product Type, Application, Distribution, And Region - Forecast till 2030", ...
Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. announced that Curaleaf International Holdings Limited, the company's European holding company, has signed a definitive agreement to acquire a 55% stake in Four 20 Pharma GmbH, a EU-GMP & GDP ...
Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc., brokers in the sales and marketing of specialty, natural, ...
Jushi Holdings Inc. Settles Lawsuit with Large Multi-State Operator
BOCA RATON, Fla., - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that it entered into a confidential settlement agreement with Curaleaf Holdings, Inc. and with Jushi’s former Chief Financial Officer, ...
MariMed Reports Second Quarter 2022 Earnings
NORWOOD - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. “We executed on our ...
WWE Superstar Bill Goldberg Launches Partnership With CBD Wellness Brand Gallant and Hemp2lab
NEW YORK - Bill Goldberg, WWE Hall of Famer is making the transition from the squared circle to the wellness mat. Goldberg is redefining himself through his partnership with Hemp2Lab to launch a new wellness ...
Curaleaf Reports Second Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended ...
$17.24 Billion Global Industrial Hemp Market Size Rise at +16.9% CAGR by 2028
NEW YORK, United States - Facts and Factors has published a new research report titled “Industrial Hemp Market By Application Prospects (Paper, Personal Care, Automotive, Textiles, Food & Beverages, Animal Care, Furniture, Construction Materials, and ...
Ice Cream Legends Emack & Bolio’s Team Up With MariMed To Launch THC-infused Ice Cream
BOSTON– MariMed, a multi-state cannabis operator focused on health and wellness, announced a joint collaboration with Boston ice cream brand Emack & Bolio’s to create a line-up of cannabis-infused vegan and dairy ice cream in ...
COMPASS Pathways Announces Q2 2022 Financial Results and Business Highlights
LONDON, UK– COMPASS Pathways plc (Nasdaq: CMPS), a health care company dedicated to accelerating innovation in mental health, today reported its financial results for the second quarter 2022 and gave an update on recent progress ...
Canopy Growth Corporation Reports First Quarter Fiscal Year 2023 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022. All financial information in this press release is reported in Canadian ...
