M4MM
European Citizens Launch Initiative to Promote Psychedelic-Assisted Therapies
LOS ANGELES- A coalition of healthcare professionals, academics, and advocates has initiated the PsychedeliCare European Citizens' Initiative (ECI), aiming to enhance access to psychedelic-assisted therapies across the European Union. The campaign seeks to collect one ...
New York’s Cannabis Tax Revenue Surges Amid Market Expansion
LOS ANGELES- New York State is experiencing a significant increase in tax revenue from legal cannabis sales. For the fiscal year ending March 31, 2025, the state anticipates collecting $161.8 million, a fourfold increase from ...
Regulatory Challenges for Hemp Beverages in the USA
LOS ANGELES - The hemp beverage industry in the United States is growing rapidly, driven by consumer demand for wellness-focused and sustainable alternatives to traditional drinks. According to Fortune Business Insights, the U.S. cannabis beverage ...
New Bill Seeks to Regulate Hemp-Derived Cannabinoid Market
LOS ANGELES- Senator Ron Wyden (D-OR) has introduced the Cannabinoid Safety and Regulation Act, a bill aimed at establishing a federal regulatory framework for hemp-derived cannabinoids. The proposed legislation would empower the Food and Drug ...
Psyence Biomed to Acquire Stake in PsyLabs for $1.1 Million
LOS ANGELES- Psyence Biomedical Ltd. announced its agreement to acquire an 11.13% stake in PsyLabs, a company specializing in psychedelic active pharmaceutical ingredients (APIs) and extracts, in exchange for $1.1 million worth of common stock. ...
Weedmaps’ WM Technology Faces SEC Scrutiny Over Misleading Investor Reports
NEW YORK–WM Technology, Inc. (Nasdaq: MAPS), best known for its cannabis-focused platform, Weedmaps, has found itself at the center of an SEC investigation over misleading user metrics. The California-based company recently agreed to pay a ...
Colorado’s Cannabis Market Faces Decline Amid National Expansion
LOS ANGELES- Colorado, once a leader in the legal cannabis market, is now grappling with declining sales and tax revenues. A report from the state's Legislative Council Staff attributes this downturn to market saturation, oversupply, ...
European Citizens Launch Initiative to Promote Psychedelic-Assisted Therapies
LOS ANGELES- A coalition of healthcare professionals, academics, and advocates has initiated the PsychedeliCare European Citizens' Initiative (ECI), aiming to enhance access to psychedelic-assisted therapies across the European Union. The campaign seeks to collect one ...
New York’s Cannabis Tax Revenue Surges Amid Market Expansion
LOS ANGELES- New York State is experiencing a significant increase in tax revenue from legal cannabis sales. For the fiscal year ending March 31, 2025, the state anticipates collecting $161.8 million, a fourfold increase from ...
Regulatory Challenges for Hemp Beverages in the USA
LOS ANGELES - The hemp beverage industry in the United States is growing rapidly, driven by consumer demand for wellness-focused and sustainable alternatives to traditional drinks. According to Fortune Business Insights, the U.S. cannabis beverage ...
Verano Announces 2021 Fourth Quarter and Full Year U.S. GAAP Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its 2021 financial results which were prepared in accordance with U.S. Generally Accepted Accounting Principles. For comparisons, financial results for the ...
Green Thumb Industries Announces Second Round of Good Green Grant Recipients
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 announced the second group of nonprofit ...
Clever Leaves Germany GmbH Becomes a Fully Licensed Medical Cannabis Distributor in Germany
BOCA RATON, Fla. and HAMBURG, Germany - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced that its affiliate in Germany, Clever Leaves Germany GmbH, has received ...
Canopy Growth Announces Cost Reduction Actions to Accelerate Path to Profitability
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced that the Company is undertaking a series of initiatives to reduce costs and drive efficiency in order ...
Akerna Flash Report: 420 Cannabis Sales Reach $154.4 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that April 20, 2022, ...
4Front Ventures Corp. Expands Brand Portfolio and California Reach
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (QTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of Island Global Holdings, Inc., a California based producer of pre-rolls, flower and ...
Charlotte’s Web Announces Management Appointments in Finance and Operations
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., announced management changes in finance and operations. Charlotte's Web Board of Directors has appointed Lindsey Jensen as Chief Financial Officer replacing Wes Booysen who is ...
Global Market Report 2022: Connected E-Cigarettes, Heated Tobacco Products, Cannabis Vaporizers and Corresponding Software Applications
Dublin - The report provides a genesis overview of the connected e-cigarettes, tobacco heating systems, cannabis vaporizers and dedicated software applications that were released worldwide for all time. The report contains an analysis of 56 ...
$97B in 2021 U.S. Cannabis Sales Fueled by Routine and Intentional Consumption
Washington - New Frontier Data (https://NewFrontierData.com), the data analytics and technology firm specializing in the global cannabis industry, together with Jointly, a cannabis wellness company, have released Cannabis Consumers in America: Dynamics Shaping Normalization in ...
Mr. Natural Full Spectrum Hash RSO Launches in Nevada
LAS VEGAS- Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), today announced that Mr. Natural, an AUDACIOUS brand, is pleased to launch its first product in Nevada: Full Spectrum Hash RSO. The powerful medicinal oil – rich in ...
Prescription Drug Use Plunges in Legal Cannabis States
LOS ANGELES- According to a Cornell researcher, legalizing recreational cannabis reduces demand for expensive prescription medications through state Medicaid programs. The amount of prescriptions for pain, depression, anxiety, sleep, psychosis, and seizures decreases dramatically when ...
Clever Leaves Strengthens Its Presence in the U.S. Through Partnership With Biom Therapeutics
BOCA RATON, Fla. and SARASOTA, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced a two-year supply agreement with American, clinical-stage biopharmaceutical company, Biom ...
Curaleaf Expands Product Offerings With Launch of BlueKudu Chocolates in Florida
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquired by ...
TerrAscend Welcomes Adult-Use Sales in New Jersey
TORONTO - TerrAscend Corp.(CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has received an amended cannabis business cultivation and manufacturing license from the New Jersey Cannabis Regulatory Commission. TerrAscend will now ...
€354 Million Worth of Unlicensed Medical Cannabis Forecast to be Sold in Europe in 2022
Dublin - The "European Cannabis Report with Market Sizing Data & Adult-Use Cannabis Supplement" report has been added to ResearchAndMarkets.com's offering. 2021 was another huge year for the liberalisation and mainstreaming of cannabis in Europe. ...
