M4MM
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Georgia’s Hemp Industry Faces New Regulations
LOS ANGELES- The Georgia Hemp Farming Act, which introduces new age restrictions and regulations for hemp products, took effect on October 1. The law prohibits the sale, purchase, and possession of consumable hemp products for ...
California Legalizes Cannabis Cafes
LOS ANGELES- California Governor Gavin Newsom has signed a bill legalizing cannabis cafes, where consumers can enjoy cannabis alongside food, drinks, and live performances. This move, which aligns California with cannabis cafe models seen in ...
Ohio Recreational Cannabis Sales Exceed $76.2 Million in Under Two Months
LOS ANGELES- Recreational cannabis sales in Ohio have surpassed $76.2 million since launching in early August, according to data from the Ohio Department of Commerce’s Division of Cannabis Control (DCC). As of September 21, sales ...
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 ...
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Charlotte’s Web Begins Retail Expansion in California With New Law
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in full spectrum hemp extract products, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The ...
Tilray Reports First Quarter Fiscal Year 2022 Financial Results
NEW YORK–Tilray, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for the first fiscal quarter ended August 31, 2021. All financial information in this press ...
Hall of Flowers Makes Splashy Return to Santa Rosa
Hall of Flowers entrance. Photo credit: Hall of Flowers Hall of Flowers, the premier B2B cannabis show for California brands and buyers, made a triumphant return on September 22 and 23. Held at ...
goodblend Texas Announced Educational CannaBus Tour Across Texas
AUSTIN, Texas - goodblendTM Texas, a cannabis operator and retail brand of Parallel, announced the goodblend CannaBus tour 2021. This first-of-its-kind mobile cannabis dispensary and educational tour across the state of Texas will bring awareness ...
Molson Coors And HEXO Corp Joint Venture, Expands CBD Beverages Nationally
DENVER - Truss CBD USA, a joint venture by Molson Coors Beverage Company (NYSE: TAP) and HEXO USA Inc, a subsidiary of HEXO Corp (NASDAQ: HEXO), announced the expansion of Veryvell, a line of hemp-derived ...
LIM College Launches Nation’s First Bachelor’s Degree in The Business of Cannabis
NEW YORK - LIM College, has become the first college in the United States to offer a Bachelor of Business Administration (BBA) degree program focused on the business side of the cannabis industry. New York ...
Pet Releaf Enhances Edibites CBD for Dogs with New Formulation and USDA Organic Certifications
DENVER - Pet Releaf, a CBD hemp health brand for pets, announced that it is transitioning the CBD-infused Edibites line to its soft chew formula and it has obtained the U.S. Department of Agriculture (USDA) ...
Existing Institutional Investors Demonstrate Confidence With $20 Million Re-Investment in Akerna
DENVER - Akerna Corp. (Nasdaq: KERN), a software company, announced it has entered into a securities purchase agreement for a US $20 million convertible debt financing with existing institutional investors who hold the Company's currently ...
Kiva Sales And Service Announced Partnership With Autumn Brands
ALAMEDA - Kiva Sales and Service (KSS), announced its partnership with Autumn Brands. Specializing in indoor sun grown cannabis from Santa Barbara County, the Autumn Brands' family farm started in Holland more than a century ...
Artet Partners With Aster Farms To Launch Single Strain, Live Resin Cannabis-Infused Aperitif This Fall
LOS ANGELES - This fall, the Los Angeles-based cannabis-infused beverage brand Artet welcomes a new single strain, live resin batch of their flagship aperitif - 'Founders' Blend' - in collaboration with the California-based, sustainable cannabis ...
CASE STUDY: How Did DreamFields Defy Cannabis Industry Trends & Achieve 1000% Growth?
LOS ANGELES–DreamFields, a licensed manufacturer and distributor headquartered in Desert Hot Springs, CA are a fully vertically integrated, production facility and employ close to 100 people. In May 2019 the company’s flagship brand, Jeeter, did ...
Justin Bieber Is Teaming Up With ‘Peaches’ Cannabis Joints
LOS ANGELES–Canadian singer Justin Bieber is launching a new cannabis brand, teaming up with a company to peddle pre-rolled joints that he’s calling "Peaches," a nod to one of his most successful recent songs. The ...
Seattle Decriminalizes Most Psychedelic Drugs
SEATTLE–Seattle’s City Council approved a resolution Monday to decriminalize psychedelic substances, including the cultivation and sharing of psilocybin mushrooms, ayahuasca, ibogaine and non-peyote-derived mescaline. These traditional medicines had been banned during the failed ''War On ...
Vicente Sederberg Expands Service Offerings in Michigan With Addition of Ann Arbor-based Partner Travis Copenhaver
ANN ARBOR, Mich. — Leading local cannabis attorney Travis Copenhaver joined national cannabis law firm Vicente Sederberg LLP as a partner this month as the firm significantly expands its service offerings across Michigan. Copenhaver focuses his practice on cannabis ...
Enjoy Hemp Expands Line Launching Uplift and Relax Delta-8 THC Syrups/Drink Additives
MIAMI - Enjoy Hemp, an industry of hemp-derived products, and the line of hemp-derived Delta-8 THC products designed for customers to "enjoy life" how they choose, has launched Delta-8 THC Syrup. Enjoy Hemp's Delta-8 Syrup ...
