M4MM
NYC Crackdown on Illegal Cannabis Shops Shutters 3,000, Creating Opportunities for Legal Retailers
LOS ANGELES- New York City has intensified its efforts to close nearly 3,000 unlicensed cannabis dispensaries, a move that could provide a boost for legal retailers struggling with high rents and intense competition. Since the ...
The Battle Over Recreational Cannabis Legalization Heats Up
LOS ANGELES- The debate around legalizing recreational cannabis continues to draw support and opposition from various societal factions. Central to this contentious issue is a push to amend state laws to allow adults aged 21 ...
Missouri Governor Signs Executive Order to Ban Intoxicating Hemp Product Sales
LOS ANGELES- Missouri Governor Mike Parson has signed an executive order banning the sale of intoxicating, hemp-derived products in the state, effective September 1. The order prohibits the sale of hemp-derived products containing delta-8 and ...
Biden’s Pledge on Cannabis Reform Faces Scrutiny from Activists
LOS ANGELES- In a recent encounter with cannabis activists, President Joe Biden reaffirmed his commitment to reforming federal cannabis policy. However, activists argue that simply rescheduling cannabis is insufficient to address the harms caused by ...
Kentucky Senate Sets Conditions for Medical Cannabis Funding
LOS ANGELES- In a move that reflects ongoing debates over cannabis policy, the Kentucky Senate has introduced conditions for funding the state's Office of Medical Cannabis. The program, set to launch in 2025, now faces ...
Cresco Labs Navigates Financial Turbulence with Strategic Focus
LOS ANGELES- In a revealing glimpse into the cannabis industry's volatile financial landscape, Cresco Labs Inc. a cannabis multistate operator based in Chicago, disclosed a significant net loss of $180 million for the fiscal year ...
Hawaii Moves Closer to Cannabis Legalization with House Amendments
LOS ANGELES- Hawaii is on the verge of a major shift in its cannabis policy as House lawmakers in two crucial committees have voted to advance a bill for the legalization of adult-use cannabis, albeit ...
NYC Crackdown on Illegal Cannabis Shops Shutters 3,000, Creating Opportunities for Legal Retailers
LOS ANGELES- New York City has intensified its efforts to close nearly 3,000 unlicensed cannabis dispensaries, a move that could provide a boost for legal retailers struggling with high rents and intense competition. Since the ...
The Battle Over Recreational Cannabis Legalization Heats Up
LOS ANGELES- The debate around legalizing recreational cannabis continues to draw support and opposition from various societal factions. Central to this contentious issue is a push to amend state laws to allow adults aged 21 ...
Missouri Governor Signs Executive Order to Ban Intoxicating Hemp Product Sales
LOS ANGELES- Missouri Governor Mike Parson has signed an executive order banning the sale of intoxicating, hemp-derived products in the state, effective September 1. The order prohibits the sale of hemp-derived products containing delta-8 and ...
Canadian Smoke Shop Player High Tide Posts Annual Revenue Up +166%
CALGARY, AB, – High Tide, a retail-focused cannabis corporation from Canada in the smoke shops market, filed its year-end 2020 financial results on March 1, 2021, the highlights of which include: Revenue increased by 118% ...
NASDA Joins In The Call For Raising THC in Hemp From 0.3% To 1%
AUSTIN – NASDA, is an organization that represents the Commissioners, Secretaries, and Directors of the state departments of agriculture in all fifty states and four U.S. territories. State departments of agriculture are responsible for a ...
Seth Rogen’s Houseplant Company Launched in California Selling Cannabis and Paraphernalia
TORONTO – Canadian actor, film-maker and well-known cannabis advocate, Seth Rogen announced the launch of Houseplant into the USA. Together with Evan Goldberg, his creative writing partner, announced the launch of their cannabis company Houseplant ...
CBD Market Forecast For Significant Growth: 21% CAGR To 2028
PALM BEACH – Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use ...
Canopy Growth Enter US CBD Beverages Market
SMITH FALLS, Canada – Canopy Growth (CGC) has launched a hemp-derived CBD water in the U.S., adding to its product offerings in the nation. The new drink is called Quatreau. It will be sold initially on ...
Cannabis Packaging Company Humidi Launch 100% Biodegradable Packaging
LOS ANGELES, – Humidi, a cannabis packaging have announce the launch of HumidiNaturals, which they claim to be a 100% fully renewable and compostable solution servicing the cannabis market. Manufactured in the United States, Humidi ...
Indus Holdings, Inc. acquires Lowell Herb Co. for $39 million
SALINAS, Calif., — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis company, announced the acquisition of substantially all of the assets of the Lowell Herb Co. and Lowell Smokes ...
How Long Does Psilocybin Last After Consumption?
Psilocybin known far more frequently as the intoxicating chemical compound in Magic Mushrooms, is one of the safer substances that doesn’t hang around too long after consumption. It doesn’t pose as much of a threat ...
Prior Cannabis Use No Longer Disqualifies Candidates For White House Jobs
In another example of shifting public perceptions, the Biden administration recently announced new guidelines stating prior cannabis use will no longer automatically disqualify potential political appointees to the Executive Office of the President. White House ...
TerraVida Holistic Centers Inks Agreement to Merge With Verano Holdings
JENKINTOWN, Pa. – TerraVida Holistic Center LLC, a premier, women-owned and operated medical cannabis company in Pennsylvania, is pleased to announce that it has entered into an agreement to merge with Verano Holdings Corp. (CSE: VRNO), ...
Trulieve Partners with the Thurgood Marshall College Fund to Provide College Scholarships
TALLAHASSEE – Trulieve Cannabis Corp. (CSE: TRUL), a leading and top-performing cannabis company in the United States, today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation's largest organization exclusively representing the ...
Hanu Labs Appoints African-American Ricardo Willis As Chief Executive Officer
SAN FRANCISCO – Hanu Labs, which operates the Hanu and Vapexhale cannabis technology and accessories brands, today announced that Ricardo Willis has been appointed as Chief Operating Officer. Ricardo Willis, a longtime strategic advisor to ...
Tommy Chong partners with Swiss Company To Launch A European CBD Line
ZURICH – Alpinols, a producer of hemp extracts from Switzerland, announce they are launching an organic CBD product line exclusively for Europe, together with Hollywood legend Tommy Chong into the growing European CBD and cannabis ...
Canadian Cannabis Group Fire & Flower Enters U.S. Cannabis Market with American Acres
TORONTO – Canadian cannabis retailer Fire & Flower Holdings is launching into the United States, with licensing partner, American Acres Managers, a private firm with a focus on cannabis retail in Arizona, California and Nevada. ...
Pro-Cannabis Politicians Raising Eyebrows For Cannabis Stock Purchase Timing
WASHINGTON, D.C. – Rep. John Yarmuth of Kentucky, is the chairman of the House Budget Committee. He purchased stocks in Canopy Growth Corporation, Aurora Cannabis, and Tilray on Nov. 5, according to a filing with ...
