M4MM
MJ and MSOS ETFs Signal High Upside on U.S. Legalization Outlook
LOS ANGELES- Investment in cannabis-focused ETFs such as Amplify’s MJ and AdvisorShares’ MSOS reflects growing investor anticipation of federal legalization-driven expansion, even amid pronounced volatility and structural headwinds. Analysts argue that rescheduling cannabis from Schedule I ...
Legislative Wave Follows Growth of Hemp-Infused Beverage Market
LOS ANGELES- The market for hemp-derived cannabis beverages has expanded rapidly since the 2018 federal legalization of hemp, reaching an estimated value of over $1 billion today and projected to exceed $30 billion by 2035. ...
Canadian Cannabis Producers Expand Exports
LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...
Massachusetts Adult-Use Cannabis Sales Reach Record $1.64 Billion in 2024
LOS ANGELES- In 2024, Massachusetts' adult-use cannabis industry achieved a record $1.64 billion in gross sales, marking a significant milestone since the state's first recreational dispensaries opened in November 2018. The Massachusetts Cannabis Control Commission ...
Nebraska Medical Cannabis Bills Propose Vertical Integration with License Caps
LOS ANGELES- Nebraska lawmakers have introduced legislative proposals to implement the state's recently approved medical cannabis laws. The proposed regulations include provisions for vertical integration and impose caps on the number of licenses issued. Under ...
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 ...
MJ and MSOS ETFs Signal High Upside on U.S. Legalization Outlook
LOS ANGELES- Investment in cannabis-focused ETFs such as Amplify’s MJ and AdvisorShares’ MSOS reflects growing investor anticipation of federal legalization-driven expansion, even amid pronounced volatility and structural headwinds. Analysts argue that rescheduling cannabis from Schedule I ...
Legislative Wave Follows Growth of Hemp-Infused Beverage Market
LOS ANGELES- The market for hemp-derived cannabis beverages has expanded rapidly since the 2018 federal legalization of hemp, reaching an estimated value of over $1 billion today and projected to exceed $30 billion by 2035. ...
Canadian Cannabis Producers Expand Exports
LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...
Flash Report: Data Shows Women Continuing To Gain Market Share of Cannabis Sales
DENVER - Akerna (Nasdaq: KERN), an enterprise software company released a data report on women's cannabis shopping habits as the demographic group continues to gain market share, up 3.3% since 2019. When considering the millions ...
Incannex Executes License Agreement with Monash University to Develop a Combination Treatment Using Virtual Reality and Psychedelics
MELBOURNE, Australia - Incannex Healthcare Limited (Nasdaq: IXHL) (ASX: IHL), a clinical-stage pharmaceutical company developing unique medicinal cannabis pharmaceutical products and psychedelic medicine therapies for unmet medical needs, today announced it has executed a license ...
High Tide to Acquire Crossroads Cannabis
CALGARY, AB - High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it is taking yet another step ...
Pesticides in Pot Go Under the Microscope
REDMOND, Wash. - Today, the Washington State Liquor and Cannabis Board (WSLCB) which oversees recreational cannabis in the state, voted unanimously to approve new regulations for quality control of adult-use cannabis. Adding to existing laboratory ...
Legal Cannabis Industry Launches Petition Demanding Updates to Instagram’s Community Guidelines
DENVER - WeedTube, the video sharing platform for cannabis content, is launching a petition to gain 1,000,000 signatures to demand that Instagram end its strict censorship of cannabis-related content and update its Community Guidelines to ...
Item 9 Labs Corp. Strengthens Board of Directors with Appointment of Massage Heights Founder
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB) – the cannabis dispensary franchisor and operator that produces premium, award-winning products – announced that Shane Evans, founder of Massage Heights, has been appointed to its Board ...
Halo Collective Announces Changes to Board of Directors
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced the appointment of Avtar Dhaliwal, an authorityin the food industry with expertise in supply chain, compliance, and regulatory processes, and Quinn Field-Dyte, a ...
AUDACIOUS Reports Fiscal Q3 2022 Financial Results
LAS VEGAS - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), announced that the Company has filed its financials and management discussion and analysis for the three-month period ending December 31, 2021, its fiscal third quarter ...
Harborside Inc. Completes Acquisition of Urbn Leaf and Appoints Ed Schmults as CEO
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that it completed the previously announced acquisition of UL Holdings Inc., a California cannabis retailer with a dominant position ...
GrowGeneration Reports Record Fourth Quarter and Full Year 2021 Financial Results
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the chain of specialty hydroponic and organic garden centers with 63 locations across 13 states, today reported record fourth quarter and full year 2021 financial results. Revenues were $90.6 ...
Planet Based Foods Unveils New Plant-Based Comfort Foods at Natural Products Expo West
SAN DIEGO - Planet Based Foods, the company to produce nutritious plant-based meat with sustainable hemp as its main ingredient, will debut its first comfort food products — original and southwest taquitos — at Natural ...
Expanded Training for the Growing Cannabis Industry
TULSA, Okla. - The cannabis industry has exploded in Oklahoma, ranking ninth in the country for the number of jobs in the cannabis industry, according to a 2021 jobs report by Leafly, a cannabis investor ...
Treez Achieves SOC 2 Type I Compliance
SAN FRANCISCO - Treez (www.treez.io), a private company and enterprise cloud commerce platform that streamlines retail and supply chain operations within the cannabis market, announced the successful completion of its Systems and Organization Controls (SOC) ...
Village Farms International Reports Fourth Quarter and Year End 2021 Financial Results
VANCOUVER, BC, - Village Farms International, Inc. (NASDAQ: VFF) announced its financial results for the three months and year ended December 31, 2021. All figures are in U.S. dollars unless otherwise indicated. Management Commentary "In ...
RIV Capital Reports Third Quarter Fiscal Year 2022 Financial Results
TORONTO, March 1, 2022 RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months ended December 31, 2021. ...
