M4MM
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
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% ...
Trulieve Reports Q2 2024 Financial Results
LOS ANGELES- Trulieve announced its financial results for the second quarter ending June 30, 2024. The results, reported in U.S. dollars and following U.S. Generally Accepted Accounting Principles (GAAP), reflect continued growth and operational expansion. ...
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 ...
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
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% ...
A Land Rush Is Underway in New Jersey and New York For Cannabis Real Estate
SACRAMENTO–Research shows the cannabis industry is currently seeing a land rush underway as real estate speculators and cannabis entrepreneurs are getting an early start on securing properties in New Jersey and New York that will ...
The Green Organic Dutchman Reports First Quarter 2021 Results
TORONTO–The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, reports its unaudited interim financial results for the quarter ended March 31, 2021. Management Commentary: "This ...
2021 Salary Guide Shows Double-Digit Compensation Increases for Cannabis Executives
SAN DIEGO–Cannabiz team, a cannabis-focused executive search and staffing firm, today announced the release of its latest Cannabis Industry Salary Guide for Q2 2021. This is the third edition of CannabizTeam's national Salary Guide, created ...
Cardiol Therapeutics Closes $22 Million Bought Deal Offering
ONTARIO–Cardiol Therapeutics Inc. (TSX: CRDL), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, is pleased to announce the closing of its previously announced "bought deal" short form prospectus ...
GrowGeneration Reports First Quarter 2021 Financial Results
DENVER– GrowGen Corp (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today reported record first quarter 2021 revenues of $90 million, versus $33 million in the ...
Sundial Reports First Quarter 2021 Financial and Operational Results
CALGARY–Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the first quarter ended March 31, 2021. All financial information is reported in millions of Canadian dollars. FIRST QUARTER 2021 FINANCIAL AND OPERATIONAL ...
A LIFE IN A DAY: Nikki Lawley: Cannabis Industry Personalities
NIKKI LAWLEY is a passionate medical cannabis advocate with a growing network of cannabis patients who suffer from traumatic brain injury. She discovered cannabis after suffering a ''TBI,'' or traumatic brain injury, along with a ...
Aleafia Health Reports 2021 First Quarter Results
TORONTO–Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) reported its financial results for the three months ended March 31, 2021. “This quarter saw us achieve important executional breakthroughs as we realized the exponential increase of our ...
Trulieve Acquire Harvest Health In All-Stock Cannabis Deal Valued At About $2.1 Billion
TALLAHASSEE, Fla. and PHOENIX–Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF) and Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) announced they have entered into a definitive arrangement agreement in which Trulieve will acquire all of the ...
BioHarvest Launches In USA via E-commerce Platform VINIA.com
VANCOUVER, B.C.–BioHarvest Sciences Inc. (CSE: BHSC) announces that online sales of its flagship VINIA product in the United States will commence via its vinia.com website this month. This milestone represents a turning point for BioHarvest ...
Alphagreen European CBD Market Places Expands Wholesale Offering
LONDON– The CBD industry is here to stay and more and more retailers are starting to embrace what is likely to be the single biggest driver of the health and wellness market over the next ...
ASTM International Announces New Cannabis Standards, Launches Microsite
W. CONSHOHOCKEN, Pa.,–ASTM International's cannabis committee (D37) announced a slate of new standards to support cannabis vocations. ASTM also launched a new microsite that will serve as a central resource for all ASTM International cannabis ...
TerrAscend Opens Largest Apothecarium on the East Coast
NEW YORK and TORONTO–TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the grand opening of its second New Jersey medical cannabis dispensary. The 6,500 square foot dispensary, located at 1865 ...
Global Widget CBD Gummies Launch Line Of Immune Support Gummies
TAMPA–Global Widget, the manufacturer and distributor of CBD brands Hemp Bombs® and Nature's Script™, announced the launch of a health and wellness line of gummies called Defense Boost™ that uses natural ingredients such as elderberry and apple ...
Skittles Sues THC-Infused Zkittlez For Trademark Infringement
CHICAGO– Mars, the owner of Skittles candies, filed complaints against Terphogz, the maker of THC-infused candy Zkittlez, for trademark infringement. (Image: Skittles, Mars Wrigley Inc) One of the complaints filed in the U.S. District Court ...
