M4MM
What Entrepreneurs Need to Know Regulatory Compliance Costs
LOS ANGELES- Every entrepreneur, CFO and CEO needs to know that navigating regulatory compliance in the cannabis industry is not just a legal obligation, but also a significant financial undertaking. As the cannabis market continues ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
U.S. Cannabis Reforms Lead to 2.5 Million Pardons or Expungements
LOS ANGELES- Recent cannabis policy reforms in the United States have resulted in approximately 2.5 million pardons or expungements for cannabis-related convictions, according to a tally by the National Organization for the Reform of Marijuana ...
Arizona Governor Signs Bill Allowing MDMA Therapy for First Responders with PTSD
LOS ANGELES- Arizona Governor Katie Hobbs has signed a bill into law that enables firefighters and peace officers with post-traumatic stress disorder (PTSD) to receive workers' compensation coverage for MDMA therapy, contingent upon federal legalization. ...
Dutch Government Extends Cannabis Regulation Trial to Eight Additional Cities
LOS ANGELES- The Dutch government's ongoing trial to regulate the adult-use cannabis industry has been expanded to include eight more cities, bringing the total number involved to ten. Initially launched in Breda and Tilburg in ...
The True Cost of Cheap Nutrients: Why Premium Products Matter in Cannabis Cultivation
LOS ANGELES — In the competitive world of cannabis cultivation, maximizing yield per plant is paramount. However, the choice of nutrients remains a divisive issue, with many growers opting for cheaper options, mistakenly believing they ...
What Entrepreneurs Need to Know Regulatory Compliance Costs
LOS ANGELES- Every entrepreneur, CFO and CEO needs to know that navigating regulatory compliance in the cannabis industry is not just a legal obligation, but also a significant financial undertaking. As the cannabis market continues ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
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 ...
Tilray CEO Sees US Cannabis Prohibition Ending by 2023
TORONTO – Brendan Kennedy, CEO of Canadian cannabis company Tilray, is optimistic that the United States will take steps toward federal legalization of cannabis in the near future, in statements reported today on CNBC. "I ...
Gage Cannabis Closes $50 Million Reg A+ Financing, Seeks To Go Public In Q1 2021
DETROIT – Forbes has reported today that Gage Cannabis Co. a leading high-quality craft cannabis brand and operator in Michigan, have closed at $50M Reg A+ financing round. It previously secured a minimum investment of ...
COOKIES Launch ”CAPS” A Blend of Mushrooms, Cannabinoids, and Terpenes
SAN FRANCISCO – International cannabis lifestyle brand COOKIES gives consumers an all-new way to manage their health and wellness with the launch of a novel three-in-one capsule product line that combines mushrooms, cannabinoids and terpenes designed to ...
New U.S. Senate Leader Endorses Ending Cannabis Prohibition
WASHINGTON – The change in Senate leadership means the increased potential for a number of policy areas to be addressed, including cannabis policy reform. With Majority Leader Chuck Schumer (D-N.Y.) now the first head of the upper ...
New Mexico Moves Ahead With Recreational Cannabis Legalization Plan
SANTA FE – Gov. Michelle Lujan Grisham on Thursday announced her support for a measure to legalize recreational cannabis in New Mexico for adults aged 21 and older, an economic development driver that would create ...
MedMen Must Pay Ex-CFO At Least $500K In Legal Fees
LOS ANGELES – A California state court ordered cannabis retailer, MedMen, to pay its former CFO $500,000 reimbursement of legal fees amid his retaliatory firing suit, noting his contract covered attorney fees in any eventuality. ...
Hawaii Cannabis Tax Proposal Plugs Budget Shortfalls
HONOLULU – 15 states in the United States have already legalized cannabis for recreational use. With Hawaiian tourism revenues vanishing with COVID, it's no surprise some Hawaii lawmakers are considering legalizing recreational cannabis. Despite years ...
