M4MM
Rhode Island Proposes Psilocybin Legalization and State-Regulated Therapy Program Pending Federal Rescheduling
LOS ANGELES- In January 2025, Rhode Island lawmakers introduced House Bill 5186, aiming to legalize psilocybin possession and cultivation for personal use. The bill proposes that individuals be allowed to cultivate psilocybin within their residences ...
Cannabis Legalization Measures Face Challenges in 2024 Elections
LOS ANGELES- In the 2024 elections, marijuana legalization measures faced significant challenges across multiple states. Notably, only Nebraska succeeded in relaxing restrictions by approving two ballot measures that legalized medical cannabis and established a regulatory ...
PharmaCann Defaults on Innovative Industrial Properties Leases
LOS ANGELES- On December 19, 2024, PharmaCann Inc., a privately held and vertically integrated cannabis company, defaulted on its December rent obligations for six of the eleven properties leased from Innovative Industrial Properties, Inc. (IIP). ...
California Legalizes Cannabis Cafes
LOS ANGELES- California Governor Gavin Newsom has signed a bill legalizing cannabis cafes, where consumers can enjoy cannabis alongside food, drinks, and live performances. This move, which aligns California with cannabis cafe models seen in ...
Ohio Recreational Cannabis Sales Exceed $76.2 Million in Under Two Months
LOS ANGELES- Recreational cannabis sales in Ohio have surpassed $76.2 million since launching in early August, according to data from the Ohio Department of Commerce’s Division of Cannabis Control (DCC). As of September 21, sales ...
Vermont Halts New Cannabis Retail Licenses
LOS ANGELES- Vermont's Cannabis Control Board has temporarily stopped accepting new retail cannabis license applications, citing concerns about market saturation in certain regions. The pause, which takes effect on October 25, comes after issuing just ...
California Legalizes Cannabis Lounges: A Win for the Cannabis Industry and Leaders like Urbana
LOS ANGELES — In a landmark decision for California’s cannabis industry, Governor Gavin Newsom has officially signed AB 1775 into law, allowing the creation of cannabis consumption lounges throughout the state. This move is set ...
Rhode Island Proposes Psilocybin Legalization and State-Regulated Therapy Program Pending Federal Rescheduling
LOS ANGELES- In January 2025, Rhode Island lawmakers introduced House Bill 5186, aiming to legalize psilocybin possession and cultivation for personal use. The bill proposes that individuals be allowed to cultivate psilocybin within their residences ...
Cannabis Legalization Measures Face Challenges in 2024 Elections
LOS ANGELES- In the 2024 elections, marijuana legalization measures faced significant challenges across multiple states. Notably, only Nebraska succeeded in relaxing restrictions by approving two ballot measures that legalized medical cannabis and established a regulatory ...
PharmaCann Defaults on Innovative Industrial Properties Leases
LOS ANGELES- On December 19, 2024, PharmaCann Inc., a privately held and vertically integrated cannabis company, defaulted on its December rent obligations for six of the eleven properties leased from Innovative Industrial Properties, Inc. (IIP). ...
Akerna Announces Financial Results for First 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 ...
Curaleaf Expands Retail Presence in Florida with Three New Dispensaries
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open three new dispensaries in Florida over the coming weeks. Curaleaf's latest expansion will ...
California Needs to Eliminate Cultivation Tax So Legal Cannabis Can Compete With the Illicit Market
California could increase legal cannabis sales and bring in 123% more in total monthly cannabis-related tax revenue by 2024 by eliminating its cultivation tax, according to a new study by Reason Foundation, Good Farmers Great ...
Verano Opens MÜV Fort Myers Beach, Company’s 46th Florida Location
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Fort Myers Beach, the Company’s 46th Florida location and 97th nationwide, on Friday, May 6. MÜV Fort ...
Cannabis Products Global Market Report 2022
Dublin - The "Cannabis Products Global Market Report 2022: By Product, By Usage, By Compound, By Route" report has been added to ResearchAndMarkets.com's offering. The global cannabis products market is expected to grow from $28.0 ...
Acreage Holdings Reports First Quarter 2022 Financial Results
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the first quarter ended March 31, ...
Cannabis-Related Tax Revenue Surpasses Alcohol in Legal Cannabis States
Washington, DC: Legal cannabis states generated more revenue from retail cannabis sales than they did from alcohol sales, according to data provided by the Institute on Taxation and Economic Policy (ITEP). According to ITEP’s analysis, legal states in ...
Calexo Launches Watercolors, a New Line of Cannabis-Infused Sparkling Waters
LOS ANGELES - California lifestyle brand Calexo is delighted to announce the launch of Watercolors, a new collection of cannabis-infused sparkling waters and an accompanying streetwear apparel line. Made with sparkling water, natural flavors, and ...
MariMed Closes Acquisition of Illinois Craft Cannabis License
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced it has closed its acquisition of Green Growth Group, Inc. The close of this transaction enables ...
Green Thumb Industries Reports First Quarter 2022 Financial Results
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the ...
Legal Cannabis Market to Hit USD 48.3 Billion by 2028
WASHINGTON - Vantage Market Research’s recent analysis of the Global Legal Cannabis Market finds that Growing adoption of cannabis for treatment of chronic pain, increasing awareness about the positive effects of CBD for the treatment ...
Ayr Wellness Announces Brand Launches in Massachusetts and Ohio
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced it has expanded its extensive product portfolio available in Massachusetts with the addition of its premium flower brand, Kynd, ...
Industrial Hemp Market To Hit Record Revenue of $60,682.8 Million by 2030
NEW YORK - The global industrial hemp market was found to be valued at $4,452.0 million in 2021, which is projected to reach a huge $60,682.8 million by 2030, increasing at a massive CAGR of ...
Why Are Consumer Insights So Important in Marketing Cannabis?
Why do you need consumer insights?...One reason is because with consumer insights, you can shoot down your competition. Understanding your consumer’s needs and wants is essential to ensure your cannabis company is future-proof. Listening empowers ...
New Jersey Cannabis Market: Off To A Strong Start
TRENTON- The unofficial holiday for pot smokers is April 20, but April 21 will be the official day of celebration for New Jersey's legal cannabis sector. Adult-use cannabis sales are now legal in New Jersey ...
