M4MM
Cannabis Industry Poised for $112 Billion Impact in 2024
LOS ANGELES- The cannabis financial market has been showing signs of both growth and challenges in 2024. The U.S. cannabis industry is projected to contribute $112.4 billion to the economy by the end of the ...
Florida Chamber of Commerce Launches Campaign Against Cannabis Legalization Amendment
LOS ANGELES- The Florida Chamber of Commerce has launched an online campaign opposing Amendment 3, a ballot initiative that could legalize adult-use cannabis in the state. Through its website, flbizagainsta3.com, the Chamber aims to educate ...
New York Opens Applications for $5 Million Cannabis-Funded Community Grants Program
NEW YORK- New York State has opened applications for a $5 million Community Reinvestment Grants program, funded by cannabis tax revenue. This initiative is designed to support areas that have been disproportionately impacted by past ...
Canopy Growth Corp Expands into U.S. Cannabis Market
LOS ANGELES- Canopy Growth Corp, a Canada-based cannabis company, has secured approval from its shareholders to venture into the American cannabis market via its newly established subsidiary, Canopy USA. This strategic move involves a novel ...
Strategic Merger: Nature’s Miracle and Agrify Unite in Controlled Environment Agriculture
LOS ANGELES- Nature's Miracle Holding Inc., a vertical farming technology, has successfully completed its acquisition of Agrify Corporation, a provider of advanced cultivation and extraction solutions. This merger positions the combined entity at the forefront ...
North Carolina’s First Medical Cannabis Dispensary Opens
NEW YORK- North Carolina witnessed the opening of its first medical cannabis dispensary on April 20, a significant event as it marks the only legal, regulated, and safe sale of cannabis within the state. Located ...
Governor Pritzker Campaigns for Biden, Highlighting Cannabis Policy and Political Strategy
LOS ANGELES- Illinois Governor J.B. Pritzker campaigned for President Joe Biden in Grand Rapids, Michigan, using the occasion of the 420 cannabis holiday to discuss the economic benefits of cannabis legalization. Pritzker highlighted the positive ...
Cannabis Industry Poised for $112 Billion Impact in 2024
LOS ANGELES- The cannabis financial market has been showing signs of both growth and challenges in 2024. The U.S. cannabis industry is projected to contribute $112.4 billion to the economy by the end of the ...
Florida Chamber of Commerce Launches Campaign Against Cannabis Legalization Amendment
LOS ANGELES- The Florida Chamber of Commerce has launched an online campaign opposing Amendment 3, a ballot initiative that could legalize adult-use cannabis in the state. Through its website, flbizagainsta3.com, the Chamber aims to educate ...
New York Opens Applications for $5 Million Cannabis-Funded Community Grants Program
NEW YORK- New York State has opened applications for a $5 million Community Reinvestment Grants program, funded by cannabis tax revenue. This initiative is designed to support areas that have been disproportionately impacted by past ...
Aphria Reports Record Sales in Q2 but Net Loss Widens
LEAMINGTON, Ontario – Aphria (APHA) the biggest company in Canadian recreational pot shares climbed more than 18 per cent after the major LP reported a record-breaking quarter for recreational cannabis sales, confirming analyst expectations for ...
Leading Oregon Compliance Company Gets Ready for Psilocybin
PORTLAND – Hemp, CBD, THC-cannabis and now psilocybin compliance? Bring it on say compliance consulting firm Allay. They announced this week they're launching a new division focused on supporting businesses with the regulation of the ...
Cannabis Industry Veteran Steve DeAngelo Departs Harborside
Harborside Announces Departure of Steve DeAngelo OAKLAND - Harborside Inc. (HBOR), a California-focused, vertically-integrated cannabis enterprise, announces that the Company and Steve DeAngelo are separating, and the Company is eliminating the role of Chairman Emeritus, ...
Cannabis to be ignored by UFC in anti-doping tests
LAS VEGAS – UFC leadership said they plan to ignore cannabis in its anti-doping policy, and will not punish users unless they use cannabis for enhancing performances The amendment to the rules was announced the ...
Cannabis Companies Still Cannot Seek Chapter 11 Bankruptcy Protection
DENVER–A bankruptcy court in Colorado last week threw out United Cannabis Corp.'s Chapter 11 case, finding “good cause” to grant a Justice Department motion to dismiss based on the company’s ties to cannabis. Judge Joseph ...
Local Activists Succeed in Decriminalization of Mushrooms In Michigan City
ANN ARBOR, MI — Magic mushrooms and other psychedelic plants and fungi are now effectively decriminalized in Ann Arbor, at least in terms of city police enforcement priority. This week, following up the Council's decision, ...
Moving Closer To Legalization New York Proposes New Cannabis Regulator
ALBANY - Governor Andrew Cuomo pledged to legalize the recreational cannabis use in New York, proposing a new office to regulate the market and licensing opportunities for communities most affected by the disparate enforcement of drug ...
Judge Order Cannabis Companies To Stop Billboard Advertising
The California Bureau of Cannabis Control has been tasked to inform all cannabis business owners that they can no longer advertise on highways that cross state lines, according to a judgement from San Luis Obispo ...
Mexico Gives The Green Light To Medical Cannabis
MEXICO CITY - Mexico’s health ministry have published rules this week regulating the use of medical cannabis, a first major reform that makes Mexico the world’s largest legal cannabis market. The new regulation was signed ...
Women Inclusion Network and WEIC Join Forces To Support Women In Cannabis
LOS ANGELES --The Arcview Group’s Women’s Inclusion Network joins forces with Women Empowered in Cannabis (WEiC) to develop a cohesive program that benefits members of both organizations. In 2021, Women’s Inclusion Network and WEiC will offer joint membership, access ...
California Will Facilitate Greater Access To Financial Services in Cannabis
SACRAMENTO – Today, the California state cannabis licensing authorities – the Bureau of Cannabis Control, California Department of Food and Agriculture and California Department of Public Health – provided notice to the public of proposed ...
California Consolidates Cannabis Regulatory Bodies Into One Super Regulator
SACRAMENTO – California Governor Gavin Newsom (pictured above) fiscal year 2021-2022 budget proposal released today includes a proposal to consolidate the three state licensing authorities into a single Department of Cannabis Control. This proposal was ...
