M4MM
Global Cannabis Market Tightens Amid Surging Demand and Supply Snags
LOS ANGELES – Germany's medical Cannabis imports jumped more than 400% in H1 2025, pushing the European market into a period of rapid expansion and testing the limits of international supply chains. That surge has ...
Ex-Prosecutor Calls for Psilocybin Therapy Legalization in NY
NEW YORK – A former narcotics prosecutor who once enforced drug laws now argues that New York must open the door to psilocybin-assisted therapy, framing it as a necessary step toward treating chronic pain and ...
Supply Bottlenecks Stall Minnesota’s Adult-Use Cannabis Launch
MINNEAPOLIS – Minnesota's adult-use Cannabis sector kicked off with fanfare, but operators on the ground report bare shelves and mounting bills as wholesale supplies fail to keep pace with licensed retail outlets. The Office of ...
Starmer Rules Out Cannabis Legalization in UK
LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...
Ohio Cannabis Health and Business Summit Returns to I-X Center October 3-4, 2025
CLEVELAND, OH – September 16, 2025 — The Ohio Cannabis Health and Business Summit (OCHBS), founded by entrepreneur and community leader Lenny Berry, returns this fall with its biggest gathering yet. Some of the organizers of ...
Cannabis Stocks Surge After Trump Champions CBD for Seniors — But Is It Another False Dawn?
LOS ANGELES- Cannabis and hemp company shares surged Monday after President Donald Trump publicly endorsed cannabidiol (CBD) as a potential game changer for senior healthcare. His remarks, shared on Truth Social, called for CBD to ...
Cracking the Code to California Cannabis Success: Anaheim Hosts Market Spotlight on October 8
LOS ANGELES- California is the largest Cannabis market in the world, setting trends that shape global culture, regulation, and business strategy. On October 8, 2025, leaders from across the industry will gather in Anaheim for ...
Global Cannabis Market Tightens Amid Surging Demand and Supply Snags
LOS ANGELES – Germany's medical Cannabis imports jumped more than 400% in H1 2025, pushing the European market into a period of rapid expansion and testing the limits of international supply chains. That surge has ...
Ex-Prosecutor Calls for Psilocybin Therapy Legalization in NY
NEW YORK – A former narcotics prosecutor who once enforced drug laws now argues that New York must open the door to psilocybin-assisted therapy, framing it as a necessary step toward treating chronic pain and ...
Supply Bottlenecks Stall Minnesota’s Adult-Use Cannabis Launch
MINNEAPOLIS – Minnesota's adult-use Cannabis sector kicked off with fanfare, but operators on the ground report bare shelves and mounting bills as wholesale supplies fail to keep pace with licensed retail outlets. The Office of ...
Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders
LOS ANGELES- President Joe Biden has commuted the sentences of approximately 2,500 individuals convicted of nonviolent drug offenses, marking a significant use of executive clemency. This action aims to address past disparities in drug-related sentencing, ...
New York Supreme Court Halts Warrantless Raids on Licensed Hemp Retailers
LOS ANGELES- In a recent decision, New York State Supreme Court Justice Thomas Marcelle issued an injunction against the New York State Cannabis Control Board (CCB), the Office of Cannabis Management (OCM), and the New ...
Indiana Legislators Introduce Cannabis Legalization and Psilocybin Research Bills
LOS ANGELES- Indiana lawmakers have initiated efforts to reform the state's drug policies in the 2025 legislative session, introducing several bills aimed at legalizing cannabis and funding psilocybin research. Cannabis Legalization Proposals Senate Bill 113, ...
Colorado Considers Psilocybin Prescription Legislation
LOS ANGELES- Colorado lawmakers have introduced House Bill 25-1063, a bipartisan proposal that would permit the prescription of crystalline polymorph psilocybin—a synthetic form of the psychedelic compound—contingent upon approval by the U.S. Food and Drug ...
Chairman of High Times Parent Company to Plead Guilty in Fraud Scheme
LOS ANGELES-Adam Levin, chairman of Hightimes Holding Corp., has agreed to plead guilty to conspiracy charges involving a scheme to pay an investment analyst to promote the company’s stock without disclosing the compensation. According to ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
Hemp vs Cannabis Beverages: What’s the Difference, and Why Does It Matter?
LOS ANGELES- Cannabis and hemp beverages markets see rapid growth, but their distinctions remain unclear to many. While both originate from one species, they cater to vastly different audiences, serve distinct purposes, and adhere to ...
The Rise of a New Era of Consumption: Cannabis-Infused Drinks
LOS ANGELES--Cannabis-infused beverages have rapidly gained traction in recent years as a popular alternative to traditional consumption methods such as smoking and vaping. With the increasing legalization of cannabis in the United States and other ...
What You Need to Know Inventory Management and Cost Accounting
LOS ANGELES—Every entrepreneur, CEO and CFO needs to know that effective inventory management and accurate cost accounting are critical to success in the cannabis and psychedelic industries. As businesses navigate a landscape marked by strict ...
Worried About IRS Audits? What You Need to Know
LOS ANGELES– The cannabis and psychedelics industry is undergoing a remarkable transformation, and as we one step into 2025, the outlook is brighter than ever. With increasing legalization, growing consumer acceptance, and a burgeoning market ...
Psilocybin Therapy Shows Promise for Pandemic-Induced Depression in Healthcare Workers
LOS ANGELES- Recent studies indicate that psilocybin-assisted psychotherapy may alleviate depression among healthcare professionals affected by the COVID-19 pandemic. A randomized clinical trial conducted by the University of Washington involved 30 frontline clinicians experiencing moderate to ...
Efficacy of Medical Cannabis in Treating PTSD Remains Uncertain
LOS ANGELES- The use of medical cannabis as a treatment for post-traumatic stress disorder (PTSD) has garnered significant attention. However, current research provides limited and inconclusive evidence regarding its effectiveness. A 2021 systematic review found ...
Compass Pathways Advances Psilocybin Research in the UK
LOS ANGELES- Compass Pathways, a biotechnology company specializing in mental health innovations, has commenced the UK segment of its global Phase 3 clinical trial evaluating COMP360 psilocybin therapy for treatment-resistant depression (TRD). This initiative follows ...
Hemp-Derived CBD Market Set to Expand Significantly by 2034
LOS ANGELES- The global hemp-derived cannabidiol (CBD) market is forecasted to grow from $8.28 billion in 2023 to $46.25 billion by 2034, with a compound annual growth rate (CAGR) of 16.93%, according to Research and ...
