M4MM
Italy’s Proposed Ban on Hemp Flower Sales Raises Industry Concerns
LOS ANGELES- Italy's "cannabis light" sector, which has experienced significant growth since the legalization of hemp in 2016, faces potential disruption due to proposed legislation aimed at banning products derived from hemp flowers. Prime Minister ...
Tech Pioneer James Clark Revives Eaze with $10M Investment
LOS ANGELES- James Clark, a tech industry veteran known for transformative ventures like Netscape, has turned his attention to the cannabis sector with a bold acquisition. In August, his firm FoundersJT LLC purchased the assets ...
Ireland’s Fianna Fáil Clarifies Stance on Drug Decriminalization: Focus on Cannabis, Excludes Hard Drugs
LOS ANGELES- Fianna Fáil has clarified its stance on drug decriminalization, specifying that its proposal to decriminalize possession for personal use applies exclusively to cannabis and excludes substances such as cocaine and heroin. This clarification ...
Ohio to Award Dual-Use Cannabis Licenses by June
LOS ANGELES- Ohio is set to begin the transition to allow existing medical cannabis dispensaries to sell cannabis recreationally. The state's Joint Committee on Agency Rule Review has approved regulations for dual-use licenses, with applications ...
A Delays Hearing on Psychedelic Compounds
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed a crucial administrative hearing originally scheduled for June on the proposed ban of two psychedelic compounds, 2,5-dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC). This decision follows a legal ...
U.S. Policy Shifts on Cannabis and Psilocybin for Chronic Pain Management
LOS ANGELES- In a landmark policy shift, the U.S. Drug Enforcement Agency (DEA) has announced plans to reclassify cannabis from a Schedule I to a Schedule III controlled substance, a category that includes less restricted ...
Global Landscape of Recreational Cannabis Legalization as of 2024
LOS ANGELES- As of April 2024, the global landscape for recreational cannabis legalization remains limited, with only nine countries having fully legalized its use nationwide, according to Visual Capitalist. Notably, Germany recently joined Malta and ...
Italy’s Proposed Ban on Hemp Flower Sales Raises Industry Concerns
LOS ANGELES- Italy's "cannabis light" sector, which has experienced significant growth since the legalization of hemp in 2016, faces potential disruption due to proposed legislation aimed at banning products derived from hemp flowers. Prime Minister ...
Tech Pioneer James Clark Revives Eaze with $10M Investment
LOS ANGELES- James Clark, a tech industry veteran known for transformative ventures like Netscape, has turned his attention to the cannabis sector with a bold acquisition. In August, his firm FoundersJT LLC purchased the assets ...
Ireland’s Fianna Fáil Clarifies Stance on Drug Decriminalization: Focus on Cannabis, Excludes Hard Drugs
LOS ANGELES- Fianna Fáil has clarified its stance on drug decriminalization, specifying that its proposal to decriminalize possession for personal use applies exclusively to cannabis and excludes substances such as cocaine and heroin. This clarification ...
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 ...
USDA Say New COVID Stimulus Funds Now Extend to Help Hemp Farmers
(Washington, D.C.) USDA have said funding for Hemp farmers affected by COVID will be released as early as this month, through the $900 billion Consolidated Appropriations Act, 2021. A new bill just signed into law ...
Virginia Joins East Coast States In Push to Full Legalization
Virginia takes one step closer to legalizing cannabis sales with new legislation proposed today by Gov. Ralph Northam in a meeting in Richmond's state capital. Backed by state Senators Louise Lucas, D-Portsmouth, and Adam Ebbin, ...
Curaleaf completes new $50 million revolving credit facility
Curaleaf Holdings, Inc. (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced successful completion a new $50 million, three-year secured revolving credit facility. The net proceeds from borrowings under the credit ...
Four Cannabis Social Justice Organizations to Know
Cannabis has evolved from being the Nixon-era’s scapegoat to a modern element of pop culture that’s becoming a vibrant, booming industry. Last year alone, we’ve generated tens of thousands of jobs, crime rates have plummeted, ...
Dutch Government Mandates Ugly Packaging For Newly Regulated Cannabis Brands
DEN HAGUE – The cannabis sold in the Netherlands is sold in coffee shops or hash bars dotted around Holland in cities like Amsterdam and Rotterdam. These coffee shops act as in-site consumption lounges. Despite ...
Aurora Cannabis Layoffs Continue Despite Cannabis Stocks Boom
Edmonton-based Aurora Cannabis (ACB) have stopped production at their Aurora Sun property in Medicine Hat. About 30 workers were made redundant. Aurora’s Vice President of Communications, Michelle Lefler says that the facility is now offline. ...
Cannabis Consumption Up Amidst Pandemic
In light of mandatory lockdowns put in place in response to the COVID-19 pandemic, it appears fun-seekers are changing up their consumption habits. According to a new study, the dormant club scene in New York ...
Cannabis Stocks Jump On Democrat Wins In Georgia
Cannabis stocks soared this week, riding the blue wave that washed over the state of Georiga. Two run-off Senate races saw a Democratic sweep, cementing majority control for the party. The Rev. Raphael Warnock and ...
Canopy Growth Files Patent Infringement Lawsuit Against GW Pharma
Canopy Growth claims GW Pharma has been illegally utilizing extraction technology they hold the exclusive rights to.
Snoop Dogg-Led Investment Fund Casa Verde Capital Closes Nearly $100 Million Round
Cannabis investments are heating up yet again. This time, it’s good news for Casa Verde Capital, the fund run by Snoop Dogg (real name Calvin Broadus), Ted Chung, and Karan Wadhera. Casa Verde closed a ...
Canadian Cannabis Companies Aphria and Tilray Announce Merger
Two of Canada’s leading licensed producers of legal cannabis have announced plans to merge. Ontario-based Aphria Inc. and British Colombia-based Tilray Inc. are joining forces and will be the largest marijuana producer in the world ...
