M4MM
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
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 ...
AICPA Calls for IRS Guidance on Cannabis Tax Policy Amid Potential Rescheduling
LOS ANGELES- The American Institute of Certified Public Accountants (AICPA) is calling on the IRS and Treasury Department to provide updated guidance on tax policy for cannabis businesses in light of a potential rescheduling of ...
Green Dragon and Eaze to Close Operations Amid Financial Challenges and Industry Downturn
LOS ANGELES- Green Dragon, a multi-state cannabis operator with facilities in Colorado and Florida, is set to cease operations by the end of 2024. This move will affect all 17 of its dispensaries in Colorado ...
NCIA Among Speakers Approved for DEA’s Landmark Cannabis Rescheduling Hearing in December
LOS ANGELES-The Drug Enforcement Administration (DEA) is preparing for its cannabis rescheduling hearing set for December 2 by selecting speakers to participate. Several organizations, including the National Cannabis Industry Association (NCIA), have received approval to ...
U.S. Cannabis Market Growth Reaches $50 Billion as Industry Grapples with Worker Unionization Efforts
LOS ANGELES- The U.S. cannabis market is on track for substantial growth, with projections indicating retail sales could exceed $50 billion annually within the next several years. In 2023, combined medical and recreational cannabis sales ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
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 ...
This Week: New Jersey Starts Sales of Recreational Cannabis on April 21st, 2022
TRENTON- New Jersey voters passed cannabis legalization in 2020, and you're probably aware that cannabis can now be legally purchased in the state as of Thursday, April 21st. The Cannabis Regulatory Commission has approved seven ...
Off-Duty Cops in New Jersey Can Get Stoned, Says State’s Attorney General
TRENTON-New Jersey Attorney General Matthew Platkin stated last week that under the state's new cannabis legislation, off-duty cops will be able to buy and consume cannabis. In a statement emailed to New Jersey police departments ...
Can a Cannabis Company Pay a Commission to Someone Who Helps Raise Capital?
NEW YORK––There are some horrible stories of people getting ripped-off by so-called cannabis capital raise experts. Cannabis companies cannot, and in almost all cases, should not, pay any kind of fees to an unlicensed broker. ...
Harvard University: Psilocybin Appears To Protect Against Opioid Use Disorders
PORTLAND- Adults who have used psilocybin – a psychedelic drug found in hallucinogenic mushrooms – at some point in their life are 30 percent less likely to develop opioid use problems, according to a new ...
MJUnpacked: New York City: Where Established Investors Meet Brands & Retailers
NEW YORK—MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, returns May 18-20 in New York City. MJ Unpacked is the first national cannabis event exclusive ...
Verano’s Zen Leaf Elizabeth and Lawrence Dispensaries Ready to Welcome New Jersey Personal Use Cannabis Customers
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, celebrated the New Jersey Cannabis Regulatory Commission’s announcement that personal use cannabis sales will commence in the state on Thursday, April 21, ...
MariMed Receives Maryland State Approval for Transfer of Ownership of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced that the Maryland Medical Cannabis Commission (MMCC) has approved the transfer of 100% of the ownership of ...
TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has entered into a definitive agreement to acquire KISA Enterprises MI, LLC and KISA Holdings, LLC, a dispensary operator ...
Spanish Police Bust ‘Europe’s Biggest’ Cannabis Grow
MADRID- In an operation to remove what police said was Europe's largest cannabis plantation, Spanish officials destroyed 415,000 hemp plants valued up to 100 million euros ($108 million). Around 50 tonnes of the plants were ...
Cannabidiol Market to hit USD 56.2 Billion by 2028, Says Global Market Insights Inc.
Selbyville, Delaware - The cannabidiol market value is projected to cross USD 56.2 billion by 2028, according to a new research report by Global Market Insights Inc. Increasing utility of cannabidiol in the pharmaceutical industry ...
The Valens Company Reports First Quarter Fiscal 2022 Financial Results
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its first quarter fiscal year 2022 financial results for the period ended February 28, 2022. ...
Curaleaf’s Select Brand Celebrates 4/20 With Limited-Edition Cliq Elite Live Strain in California
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a international provider of consumer products in cannabis, announced that its Select brand has partnered with Los Angeles based artist James Haunt for the ...
Study: Psilocybin Rewires Brain Connections To Help Alleviate Depression
SAN FRANCISCO-According to a new study by experts at UC San Francisco and Imperial College London, psilocybin promotes stronger connections between different parts of the brain in depressed people, liberating them from long-held patterns of ...
HEXO Enters Into Definitive Agreement With Tilray Brands to Create a Strategic Alliance
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of high-quality cannabis products, announced that the Company has taken a significant step forward in executing on its strategic plan - The Path Forward ...
Jushi Holdings Inc. Issues Statement on the Commonwealth of Virginia Removing Patient Registration Process Requirement
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCMKTS: JUSHF), a multi-state cannabis operator, issued the following statement on the Commonwealth of Virginia removing the medical patient registration process requirement. Statement from Jushi Holdings ...
