M4MM
Cannabis Business: A Month-by-Month Year in Review for 2024
LOS ANGELES- Wow...2024 flew by but left a lot of casualties as the emerging market of cannabis, continues its emergence in 2024. Here's what went down in case you were away from your desk: January ...
Brownie Mary: The Unlikely Heroine of Cannabis Advocacy
SAN FRANCISCO–In the quiet streets of San Francisco during the 1970s, an unassuming elderly woman with frizzy hair and a grandmotherly smile quietly built a legacy that would forever change the trajectory of cannabis legalization ...
Japan Enacts Stricter Cannabis Laws with Severe Penalties
LOS ANGELES- Japan has recently implemented stringent measures against cannabis use, introducing penalties of up to seven years in prison for consumption. Previously, while possession and cultivation were illegal, personal use was not explicitly prohibited. ...
NEW: Comprehensive List of Cannabis Events in 2025
LOS ANGELES - The cannabis industry is alive with opportunity and collaboration in 2025. These events serve as critical platforms for education, networking, and driving business success. Whether you're a veteran in the industry or ...
DEA Judge Sets Schedule for Cannabis Rescheduling Testimony
WASHINGTON, D.C.–The debate over cannabis' federal classification is set to intensify as the DEA prepares for pivotal hearings on its status under the Controlled Substances Act. DEA Administrative Law Judge John Mulrooney has announced that ...
Week In Review: Bipartisan Legislation for Expungement of Pardoned Federal Offenses; Trump’s Appointments & Future of Federal Cannabis Policy; Federal Restrictions on Cannabis Sales in Washington
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Portugal Eyes Leadership Role in Global Medical Cannabis Market
LOS ANGELES- Portugal is positioning itself as a significant player in the medical cannabis industry, leveraging its favorable climate and regulatory framework to boost production and exports. In 2023, the country exported nearly 12,000 kilograms ...
Cannabis Business: A Month-by-Month Year in Review for 2024
LOS ANGELES- Wow...2024 flew by but left a lot of casualties as the emerging market of cannabis, continues its emergence in 2024. Here's what went down in case you were away from your desk: January ...
Brownie Mary: The Unlikely Heroine of Cannabis Advocacy
SAN FRANCISCO–In the quiet streets of San Francisco during the 1970s, an unassuming elderly woman with frizzy hair and a grandmotherly smile quietly built a legacy that would forever change the trajectory of cannabis legalization ...
Japan Enacts Stricter Cannabis Laws with Severe Penalties
LOS ANGELES- Japan has recently implemented stringent measures against cannabis use, introducing penalties of up to seven years in prison for consumption. Previously, while possession and cultivation were illegal, personal use was not explicitly prohibited. ...
Trump’s Attorney General Pick Raises Hope for Cannabis Policy Reform
LOS ANGELES- President-elect Donald Trump has nominated Florida Representative Matt Gaetz as the next U.S. Attorney General, a move that could significantly influence federal cannabis policy. Gaetz, a vocal advocate for cannabis reform, has previously ...
Amethyst Health Secures Conditional Medical Cannabis License in New York
LOS ANGELES- a partnership between Black Star Wellness, LLC, and AYR Wellness Inc, has been conditionally awarded a vertically integrated medical cannabis license by the New York Cannabis Control Board. This license grants the right ...
Psilocybin Shows Potential for OCD and Tourette’s Treatment, Study Finds
LOS ANGELES- A new study published in Molecular Psychiatry has identified psilocybin, a psychedelic compound, as a promising candidate for the treatment of obsessive-compulsive disorder (OCD) and Tourette's syndrome. Conducted by researchers at the Hadassah-Hebrew ...
AFC Gamma (AFCG) Set to Announce Quarterly Earnings
LOS ANGELES- AFC Gamma, Inc. is scheduled to release its quarterly earnings report on Wednesday, November 13, 2024, before the market opens.Analysts anticipate earnings of $0.33 per share for the quarter. In the previous quarter, ...
California’s Cannabis Excise Tax Set to Increase Amid Industry Concerns
LOS ANGELES- California's legal cannabis industry faces a significant fiscal challenge as the state's excise tax on cannabis products is scheduled to rise from 15% to 19% on July 1, 2025. This increase stems from ...
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 ...
Idaho Activists File Cannabis Decriminalization Measure for 2026 Ballot
LOS ANGELES- In a strategic move following the rejection of cannabis legalization measures in three states during the 2024 general election, Idaho advocacy group Kind Idaho has submitted a ballot initiative aimed at decriminalizing personal ...
LA County DA Launches Campaign to Educate Teens on Cannabis Risks
LOS ANGELES- Los Angeles County District Attorney's Office has initiated a public service campaign to educate youth and caregivers about the risks associated with modern cannabis products, which are significantly more potent than those available ...
Chicago Atlantic Real Estate Finance Reports Q3 2024 Financial Results
LOS ANGELES- Chicago Atlantic Real Estate Finance Inc. has released its financial results for the third quarter of 2024, highlighting key metrics and strategic developments. As of September 30, 2024, the company's loan portfolio stood ...
Medicinal Cannabis Companies Target Veterans with Social Media Promotions, Raising Ethical Concerns
LOS ANGELES- Recent reports indicate that medicinal cannabis companies are increasingly targeting veterans through social media platforms, promoting free products and subscription services. This marketing strategy aims to attract veterans by offering complimentary samples and ...
Republican Gains in Last Week’s Election Signal Setbacks for U.S. Cannabis Legalization
LOS ANGELES – Last Wednesday’s election marked a pivotal moment in U.S. cannabis policy, as Republican gains across several states stoked a fresh wave of resistance against adult-use cannabis legalization. This shift, especially pronounced in ...
How Do You Target the Right SEC-Accredited Investors in Cannabis?
LOS ANGELES- Raising capital for cannabis startups and small businesses requires a strategic approach, particularly when targeting SEC-accredited investors. These individuals bring significant financial resources and expertise, making them key to your fundraising success. While ...
Oregon Voters Approve Measure 119, Enhancing Unionization Rights for Cannabis Workers
LOS ANGELES- In the recent election, Oregon voters passed Measure 119, mandating that cannabis retailers and processors enter into labor peace agreements as a condition for state licensure. These agreements require employers to remain neutral ...
