M4MM
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
Indiana Legislators Introduce Cannabis Legalization and Psilocybin Research Bills
LOS ANGELES- Indiana lawmakers have initiated efforts to reform the state's drug policies in the 2025 legislative session, introducing several bills aimed at legalizing cannabis and funding psilocybin research. Cannabis Legalization Proposals Senate Bill 113, ...
Colorado Considers Psilocybin Prescription Legislation
LOS ANGELES- Colorado lawmakers have introduced House Bill 25-1063, a bipartisan proposal that would permit the prescription of crystalline polymorph psilocybin—a synthetic form of the psychedelic compound—contingent upon approval by the U.S. Food and Drug ...
Chairman of High Times Parent Company to Plead Guilty in Fraud Scheme
LOS ANGELES-Adam Levin, chairman of Hightimes Holding Corp., has agreed to plead guilty to conspiracy charges involving a scheme to pay an investment analyst to promote the company’s stock without disclosing the compensation. According to ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
Organic Hemp Market to surpass USD 360 Million by 2030
SELBYVILLE, Del., - The Organic Hemp Market may register a revenue of more than USD 360 million by 2030, according to a new research report by Global Market Insights Inc. The growing awareness about the ...
Industry Veteran Deborah Johnson Takes the Reins at Council for Federal Cannabis Regulation (CFCR)
WASHINGTON, D.C. (October 17, 2022) – Veteran cannabis industry executive and entrepreneurial VC / investment expert Deborah Johnson will take the reins of CFCR as Interim Executive Director as Sarah Chase transitions to a new leadership position. Chase helped guide the ...
Has Mike Tyson’s Cannabis Gummy Brand Been Knocked Out in Canada?
TORONTO–Mike Tyson's cannabis edibles brand Mike Bites, will reportedly not be sold in Quebec or Alberta by Canadian Cannabis LP, Hexo. According to reporting by the journalist Matt Lamers, in MJBiz Daily, two Canadian regional ...
Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026
LOUISVILLE, Colo. - BDSA announced today an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel, and category. The report projects annual global cannabis sales to grow from ...
Item 9 Labs Set To Transform Arizona Marijuana Market With New Line of Infused Pre-Rolls
PHOENIX - Item 9 Labs is adding a new permanent mainstay to its extensive product line-up. Following the success of its limited edition infused half-gram pre-rolls, the brand is launching 1 gram concentrate infused pre-rolls ...
Cannabis Extract Market Size, Share & Trends Analysis Report 2022 – 2030
New York - Reportlinker.com announces the release of the report "Cannabis Extract Market Size, Share & Trends Analysis Report By Product Type, By Extract Type, By Sources, By End Use, By Region And Segment Forecasts, ...
17% of Adults in Recreational Cannabis States Don’t Know Their Rights
WASHINGTON - Today, Statara Solutions released its "Baked Audiences Insights" report, which found that 17% of adults in recreational-use states who have not consumed cannabis products have not done so because they are deterred by ...
The Parent Company Launches FaZe Rain’s RCVRY Cannabis Brand
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced the exclusive launch of RCVRY, a cannabis brand co-founded by Nordan Shat (aka FaZe Rain), Youtube star ...
Cannabis Consumer Spending Tightens, Highlighting Importance of Brand Strength
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes that consumer cannabis spending over ...
GENERATION HEMP REPORTS RECORD ONE MONTH REVENUES
DALLAS, Sept. 13, 2022 Generation Hemp, Inc., a Dallas/Fort Worth based midstream hemp company (OTCQB: GENH), and its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC (collectively the "Company") reported today that its unaudited revenues for the month of July 2022 were approximately $438,000, ...
IM Cannabis Welcomes Two New Members to its Board of Directors
TORONTO and GLIL YAM, Israel, Sept. 13, 2022 IM Cannabis Corp a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, is pleased to announce that Einat Zakariya and Moti Marcus have been appointed to the Company's board of directors. Einat ...
Cannabinoids Market Worth USD 63 Billion by 2030
SELBYVILLE, Del. - The cannabinoids market value is projected to exceed USD 63 billion by 2030, according to a new research report by Global Market Insights Inc. Rise in the prevalence of Parkinson's disease, muscle ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to ...
Believing These 5 Myths About Delta 8 Gummies Will Keep You From Growing
GLENDALE, Calif. - Cannabis products like Delta 8 Gummies often attract a lot of bad attention on the internet. But they are beneficial from a medicinal side, not just for recreational purposes. So, it is ...
Who Are The Main Players In Cannabis NFTs?
NEW YORK– NFTs burst into the public domain in March 2021 as a result of a massive sale by the renowned auctioneer Christie's. Unlike every other work of art sold through Christie's auction house, this ...
