M4MM
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Oklahoma to Launch State-Run Cannabis Testing Lab for Industry Oversight by February 2025
LOS ANGELES- Oklahoma is preparing to launch a state-operated cannabis testing laboratory in February 2025, aiming to enhance the accuracy and reliability of product assessments within the state's medical cannabis industry. This initiative addresses longstanding ...
Climate First Bank Introduces Cannabis-Focused Financial Services in Florida
LOS ANGELES- Climate First Bank, headquartered in Orlando, Florida, has introduced specialized banking services tailored for the cannabis industry. This initiative aims to address the financial challenges faced by cannabis businesses, particularly in accessing traditional ...
Atlanta City Council Considers Psychedelic Therapies for Employee Healthcare
LOS ANGELES- A proposal from an Atlanta City Council member is under consideration, aiming to include coverage for psilocybin and ketamine as mental health treatments in the city's healthcare plan for firefighters, police, and other ...
VA Prepares for Potential Deployment of Psychedelic Treatments for PTSD
LOS ANGELES- The U.S. Department of Veterans Affairs (VA) is strategizing the rapid deployment of psychedelic treatments for mental health disorders, should such therapies receive FDA approval. A planning document, reportedly reviewed by The Intercept, ...
California Advocates Consider 2026 Ballot Measure for Psychedelics Reform
Following the recent failure of a state bid to legalize psychedelic treatment centers, California advocates are considering a state ballot measure to address psychedelics reform in 2026, according to a report by KQED. State Senator ...
Minnesota Prepares for Cannabis Market with New Legislation
LOS ANGELES- Minnesota will allow some commercial cultivators to begin growing cannabis later this year in preparation for the state's upcoming retail market. The state will award cannabis business licenses through a vetted lottery system ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Oklahoma to Launch State-Run Cannabis Testing Lab for Industry Oversight by February 2025
LOS ANGELES- Oklahoma is preparing to launch a state-operated cannabis testing laboratory in February 2025, aiming to enhance the accuracy and reliability of product assessments within the state's medical cannabis industry. This initiative addresses longstanding ...
Climate First Bank Introduces Cannabis-Focused Financial Services in Florida
LOS ANGELES- Climate First Bank, headquartered in Orlando, Florida, has introduced specialized banking services tailored for the cannabis industry. This initiative aims to address the financial challenges faced by cannabis businesses, particularly in accessing traditional ...
Soccer Legend Boosts Cannabis Company In London Stock Exchange Debut
LONDON, England – A cannabinoids company backed by David Beckham and benefiting from his super-stardom will this week become the first company of its kind to formally unveil plans for a main London stock market ...
New Research: Cannabis Not Connected To Rise In Substance Abuse
PHILADELPHIA – Colorado and Washington legalization of cannabis is not associated with any increase in teens or young adults seeking drug abuse treatment for hard drugs like opioids, cocaine, or methamphetamine, according to data published in ...
Cannabis Social Equity Bill Introduced in Oregon
PORTLAND – Repairing the harm from decades of inequity from the War on Drugs is the goal of the Cannabis Social Equity Act introduced this week by a coalition of legislators in the Oregon State Legislature. ...
7 Top Tips for Selling CBD Wholesale
How do you become successful selling CBD oil wholesale? Check out our top 7 tips for sharing CBD with your customers – and being rewarded. A new study suggests that the CBD industry will grow ...
Idaho Senate Votes To Banish Cannabis Medicines
BOISE – Idaho's Republican-dominated Senate have mustered the votes needed to pass a measure effectively banning cannabis in the Gem state with a 24-11 vote. A proposed constitutional amendment that would prevent the legalization of ...
Could Clubhouse Be The Next Big Thing In Cannabis Networking?
For a heavily networked industry like cannabis, the lack of in-person events due to the COVID-19 pandemic has been devastating. Virtual trade shows and Zoom mixers have sprouted up here and there, but nothing has ...
Is This The End Of Cannabis Tourism In Amsterdam?
Amsterdam is a vibrant city known for its eclectic mix of bicycles, tulips, the Golden Age of art, the Red Light district, and of course, coffee shops. But the iconic cannabis community these coffee shops ...
Kool Cigarettes Sues Bloom Cannabis For Logo Infringement
GREENSBORO, N.C. – Tobacco producer ITG has sued a California cannabis company Capna Intellectual doing business as Bloom Brands accusing it of infringing upon its logo. ITG say Bloom's interlocking OO design (pictured) was too ...
Medical Cannabis Producer GW Pharmaceuticals Sold For $7.2 Billion
DUBLIN, IRELAND – Ireland-based Jazz Pharmaceuticals said on Wednesday it would buy GW Pharmaceuticals in a $7.2 billion cash-and-stock deal to bolster its neuroscience business by adding cannabis-based epilepsy treatment. The neuroscience unit will spearhead Jazz’s ...
Senate Democrats Advance Plan For Federal Legalization Of Cannabis
WASHINGTON – Sens. Cory Booker (D-NJ), Ron Wyden (D-OR), and Chuck Schumer (D-NY) issued a combined news release yesterday saying they would work together to advance comprehensive cannabis reform legislation in the current Congress. “The ...
First Psychedelics ETF Begins Trading On Canada’s NEO Exchange
TORONTO – Horizons Psychedelic Stock Index ETF is now listed on Toronto’s NEO exchange as ‘PSYK.’ PSYK will be the first exchange traded fund providing exposure to the emerging industry of medicinal psychedelics. The ETF ...
Psilocybin Decriminalization Inches Forward At State Level
HONOLULU – With Oregon leading the way in the decriminalization of drugs, other states are following suit. A state bill to legalize psilocybin treatment was introduced in the Hawaii Senate last Friday. If approved, SB ...
Oregon Begins Treating Addiction As Public Health Crisis
PORTLAND – Oregon's new law Measure 110, passed last November decriminalized drugs in that state. Oregon reclassifies possession of small amounts of drugs (e.g. less than one gram of heroin, 40 units of LSD, or 12 ...
Opioid Deaths Decline When Cannabis Dispensaries Nearby
UNIVERSITY OF CALIFORNIA, DAVIS – Deaths from overdoses of opioids — a class of drugs that include heroin, prescription pain relievers such as oxycodone, and synthetic opioids such as fentanyl, have risen sharply in the ...
Papa & Barkley Hires Beauty Industry Leader As New CEO
EUREKA, Calif., – Papa & Barkley, a leading cannabis wellness products company in California, today announced various promotions and additions to its executive team. Evelyn Wang has joined the company as its new Chief Executive Officer. Zeeshan Hyder has joined ...
