M4MM
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Emerging Policies Reshape the Psychedelics Industry
LOS ANGELES- The psychedelics sector is undergoing significant transformations due to evolving regulatory policies and scientific advancements that could redefine their therapeutic applications. A notable development occurred in August 2024 when the U.S. Food and ...
Arizona’s Cannabis Sales Experience Downturn in 2024
LOS ANGELES- In 2024, Arizona's combined medical and adult-use cannabis market saw a decline, with total sales amounting to $1.1 billion, a decrease from the nearly $1.3 billion recorded in both 2022 and 2023. The ...
New Jersey Governor Proposes Increase to Cannabis Social Equity Tax
LOS ANGELES- Governor Phil Murphy has proposed raising New Jersey's social equity excise fee on cannabis from $2.50 to $15 per ounce. This proposal aims to generate additional revenue for social service and violence intervention ...
Industrial Hemp Regulation Undergoing Comprehensive Review
LOS ANGELES- The regulatory framework governing industrial hemp is currently under extensive review, aiming to address emerging challenges and align with evolving industry practices. This initiative seeks to refine existing policies to better support the ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
MJ Unpacked Releases Full Speaker Lineup for Las Vegas Show
LAS VEGAS - MJ Unpacked, the first national event created exclusively for cannabis CPG brands, retail executives and accredited investors actively investing in cannabis, announced the speaker lineup and event programming for Sept. 28-30 at ...
Canopy Growth Announces Results of Annual General and Special Shareholder Meeting
SMITHS FALLS, ON, Sept. 19, 2022. Canopy Growth Corporation announced the voting results from its annual general and special meeting of shareholders held on September 15, 2022 (the "Meeting"). A total of 256,426,802 common shares ...
Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma
WAKEFIELD, Mass., Sept. 19, 2022 Curaleaf Holdings, Inc. a provider of consumer products in cannabis, today announced the completion of its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP ...
Managing The Cyclical Nature of The Cannabis Industry for Investors
NEW YORK–Despite the current downturn in cannabis in 2022, the cannabis industry has been flourishing over the last few years. A measure of this is the number of cannabis businesses starting-up has been growing 30% ...
Canada: Most Health Care Providers Unfamiliar with Topics Related to Medical Cannabis
MONTREAL–(NORML) Despite the federal government having legalized patients’ access to marijuana two decades ago, most Canadian health care providers acknowledge that they possess little knowledge about medical cannabis and almost none report having received any ...
Analysis: Adoption of Adult-Use Legalization Associated with Decrease in State-Level Obesity Rates
FARGO, N.D–(NORML) States that license adult-use marijuana sales may experience a decrease in state-level obesity rates, according to data published in the journal Health Economics. Researchers affiliated with North Dakota State University compared obesity rates in Washington state ...
Global CBD Wine Market Is Expected to Reach $112.5 Million by 2031
Portland, OR - According to the report published by Allied Market Research, the global CBD wine market generated $11,100 thousand in 2021, and is estimated to reach $112,458.2 thousand by 2031, witnessing a CAGR of ...
Global Cannabis Beverages Market Report 2022: Market to Reach $2 Billion by 2026
Dublin - Global Cannabis Beverages Market to Reach US$2 Billion by the Year 2026. Amid the COVID-19 crisis, the global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to ...
RIFF Cannabis Brand Launches ‘Drumsticks’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis and consumer packaged goods company, announced that its Canadian cannabis brand, RIFF, launched Drumsticks, a new premium, infused pre-roll with amplified THC potency ...
Report Predicts More Than 100,000 Cannabis Jobs in New York, New Jersey and Connecticut by 2025
SAN DIEGO - CannabizTeam, the cannabis-focused executive search, and staffing firm, today released its 1st Annual Tri-State 2022 Cannabis Industry Salary Guide, a comprehensive report that provides single and multi-state cannabis employers and prospective cannabis ...
54% of Cannabis Users Will Buy Less if Inflation Raises Weed Prices, Survey Finds
TUSTIN, Calif. - A new survey has revealed that if dispensaries raise weed prices to counter inflation, 54% of regular consumers would buy less cannabis. CBD Oracle's survey asked 1,450 Americans in adult-use states about ...
Cannabis Market worth $82.3 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according ...
Kiva Announces Distribution Partnership with CherryWorld
OAKLAND, Calif., Sept. 15, 2022 CHERRYWORLD today announced an exclusive partnership with Kiva Sales and Service (KSS), to launch its brand of high quality indoor flower, fashion apparel, and accessories into the California market. "We're thrilled to help bring CHERRYWORLD ...
Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition
LONG BEACH, CA and TORONTO, Sept. 15, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in ...
Catching the Wave: The International Cannabis Opportunity: Oldham Global Project Wave
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
