M4MM
Illinois Cannabis Sales Surpass $2 Billion in 2024
LOS ANGELES- In 2024, Illinois' legal cannabis market achieved sales exceeding $2 billion, marking a 2.5% increase from the previous year. This total comprises approximately $1.722 billion in adult-use cannabis sales and over $285 million ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
Calgary Considers Permitting Cannabis Sales at Adult-Only Events
LOS ANGELES- Calgary city officials are evaluating a proposal to permit the sale of cannabis at adult-only events. Councillor Kourtney Penner has introduced a motion requesting city administration to draft bylaw and business license amendments ...
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 ...
FBI Data: Over 200,000 Arrests for Cannabis Possession in 2023
LOS ANGELES- Despite growing momentum for cannabis legalization in the U.S., over 200,000 people were arrested for cannabis possession in 2023, according to new data from the FBI’s Uniform Crime Reporting system. The report, which ...
Harris’s Comments Over Cannabis Reform in the 2024 Presidential Race
LOS ANGELES- Harris's comments come amid a broader debate over cannabis reform in the 2024 presidential race. While Democratic vice-presidential nominee Tim Walz has suggested that cannabis legalization should be handled by individual states, Harris's ...
Illinois Cannabis Sales Surpass $2 Billion in 2024
LOS ANGELES- In 2024, Illinois' legal cannabis market achieved sales exceeding $2 billion, marking a 2.5% increase from the previous year. This total comprises approximately $1.722 billion in adult-use cannabis sales and over $285 million ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
Calgary Considers Permitting Cannabis Sales at Adult-Only Events
LOS ANGELES- Calgary city officials are evaluating a proposal to permit the sale of cannabis at adult-only events. Councillor Kourtney Penner has introduced a motion requesting city administration to draft bylaw and business license amendments ...
The Flowr Corporation Announces Listing of Four New Cannabis Strains Across Multiple Provinces
TORONTO - The Flowr Corporation (TSXV: FLWR, OTC: FLWPF) is pleased to provide an operational update on its Canadian operations and the progress in maintaining its status as a premium cannabis producer and making the ...
Curaleaf Expands Pennsylvania Retail Presence with Dispensary Openings in State College and Erie
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the opening of its State College dispensary, located at 1248 S Atherton St, State ...
Lemonhaze Introduces Its Latest Crop of Elite Experiences for the Cannabis Industry
NEW YORK - It's time to get back to the green for more ways than one! Lemonhaze, architects of experiences connecting the cannabis space, have returned with a jam-packed 2022 roster of exclusively inclusive gatherings ...
Leafreport Launches a New Set Of CBD Calculators To Assist Consumers In Improving Purchase Decisions
TEL AVIV, Israel - Leafreport.com, the CBD industry's peer-reviewed watchdog website, announced the launch of four calculators designed to help consumers determine whether their CBD products' content matches their labels, discover their individualized dosage of ...
Saucey Farms & Extracts Partners With Higher Life CBD to Launch THC Products in the Metaverse
LOS ANGELES - This week, luxury cannabis brand Saucey Farms & Extracts and Higher Life CBD Dispensary have launched the first THC products available for purchase in the metaverse. The product offering expansion falls on ...
Global Legal Marijuana Market Size Projected to Rack Up USD 70.7 Billion By 2028
NEW YORK - Zion Market Research study, Legal Marijuana industry accrued revenue of about US$ 10.1 billion in 2020 and is anticipated to garner earnings of approximately US$ 70.7 billion by 2028. Moreover, Legal Marijuana ...
Analysis: New California Bill Seeking Cannabis Tax Breaks Opposed by Youth Groups Who Fear Losing Funding
SACREMENTO- While California Senator Mike McGuire introduced a tax relief bill on Tuesday aimed at helping the cannabis industry survive a potential market collapse, youth and social justice organizations across the state responded with a ...
Pocket-sized, Cannabis Beverage Drink Loud Launches in CA
LOS ANGELES - Cannabis beverage Drink Loud launches its tiny-but-mighty cannabis potion into dispensaries throughout California. Made with 100 milligrams of THC packed into a 1.8 ounce bottle using proprietary nanotechnology, Drink Loud is both ...
South America’s Cannabis Extraction Equipment to be installed outside Bogota, Colombia
BOGOTA, Colombia - CannabCo Pharmaceutical Corp. Colombia S.A.S. (CannabCo Colombia), a Colombia-based cannabis cultivator and manufacturer of medical cannabis products, is pleased to announce the procurement of an enhanced integrated extraction platform to be deployed ...
New York Bill Will Authorize Hemp Farmers and Processors to Cultivate and Process Cannabis
NEW YORK–On February 11, 2022, the New York Senate and Assembly put forth mirror image bills (A9283/S8084A) supporting legislation for conditional adult-use cultivator and processor licenses. This legislation is heading to Governor Hochul's desk for signature ...
Canadian Cannabis Entrepreneur Raises $1,500,000 for Ukraine With Saint Javelin
CHRISTIAN BORYS is a former journalist who spent half a decade in Ukraine before founding the creative agency Black Hawk. He is the creator a Saint Javelin, a viral fundraising initiative for victims of ...
Cannabis Products Global Market Report 2021
Dublin - Major players in the cannabis products market are Canopy Growth Corporation, Aphria Inc., Aurora Cannabis, Cara Therapeutics and GW Pharmaceuticals PLC. The global cannabis products market is expected to grow from $16.51 billion ...
Icanic Brands Announces Issuance of Cease Trade Order
VANCOUVER, British Columbia - Icanic Brands Company Inc. (TSXV: ICAN) is announcing today that it has been issued a Cease Trade Order by the British Columbia Securities Commission under National Policy 11-207. On November 30, ...
17 Organizations Issue Joint Open Letter to State Agriculture Leaders
CHAMPAIGN, Ill. - On February 9, 2022, 17 industry and regulatory organizations issued a joint open letter to state agriculture leadership, calling on them to support greater education and scientific research to ensure the safety ...
Schwazze Closes $6.7 Million Acquisition of Colorado Cultivation Grower Brow 2, LLC
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Brow 2, LLC, located in Denver, Colorado. The planned transaction includes a 37,000 square foot building and equipment ...
