M4MM
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
Cannabis Dispensaries to Host Crypto ATMs Nationwide
MIAMI - BankLine's unique Crypto ATM banking services, in partnership with cannabis-friendly financial institutions, provide nationwide armored cash logistic services to Crypto ATM operators within licensed cannabis dispensaries - facilitating exciting new business opportunities. The ...
Jushi Holdings Inc. Announces Management Change
BOCA RATON, Fla.- Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), an integrated, multi-state cannabis operator, announced that Ed Kremer has resigned from his position as Chief Financial Officer to accept a role at a competing ...
Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sponsored benefit plan, ...
Curaleaf’s Select Brand Announces Launch of “The Farmer’s Select” Program
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), international provider of consumer cannabis products, today announced that its Select brand has launched "The Farmer's Select" program, an ongoing series of limited-edition collaborations ...
Clever Leaves Strengthens German Presence Through Expanded Cantourage Partnership
BOCA RATON - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the continued expansion of the Company’s partnership with European medical cannabis leader Cantourage GmbH ...
Neptune Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2022. Statement from Neptune Management and Board of Directors: ...
Akerna Flash Report: Fourth of July Weekend Cannabis Sales Total $255.5 Million
DENVER - Business intelligence from 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 ...
Good Supply Brand Expands its Cannabis Portfolio in Québec
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company, today announced that its cannabis brand Good Supply has expanded its product offering in Québec with the launch ...
The Parent Company Announces East Coast Expansion
SAN JOSE, Calif. - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has entered into an exclusive brand licensing and cultivation and production agreement with ...
AWH Announces Share Purchase by AGP
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator, announced that on July 1st AGP Partners, LLC, purchased 50,000 of Class A Common Shares in the open market for ...
Akerna Corp. Announces Closing of $10 Million Public Offering
DENVER - Akerna Corp. (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 announced the closing of its ...
Red Light Holland & Halo Dissolve Psilocybin Joint Venture in Oregon As Their Stock Plummets
TORONTO-Red Light Holland, a publicly traded magic mushroom company, claims it has ended its 14-month-old partnership with Canadian cannabis producer Halo Collective in Oregon in order to focus on a new project that it hopes ...
Analysis: Stuck in the Weeds? What’s Next For Canopy Growth Corporation?
TORONTO– Canopy Growth, once the largest cannabis company by valuation, has been a rollercoaster for investors over the previous few years, rising to more than $45, then seeing dramatic drops. The legalization of cannabis in ...
Acreage Concludes Operations in State of Oregon, Closes Sale of Retail Chain Cannabliss & Co.
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 announced that it has executed and closed an amendment to its ...
HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today, holders of common shares of HEXO approved the previously announced transaction with ...
