M4MM
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The U.S. Cannabis sector has settled into a phase defined by operational discipline rather than continued expansion. While mature markets continue to generate reliable revenues, wholesale price compression and margin erosion have ...
From Survival to Execution: Hall of Flowers Ventura Reflects an Evolving Cannabis Industry
LOS ANGELES- Hall of Flowers Ventura continues to set the standard for what a modern Cannabis industry event should look and feel like—focused, curated, and highly effective. Hall of Flowers Ventura this past March 18 ...
Updated: Europe’s Cannabis Business Events 2026
BERLIN- Europe’s Cannabis market is moving from theory to execution. And the clearest signal is the event calendar. From Berlin to London to Prague, the sequence of events tells a story—not just of geography, but ...
Los Angeles City Council Advances a Tax Amnesty Program for Licensed Cannabis Businesses
LOS ANGELES – The City Council voted 13-0 to instruct staff to craft a tax amnesty program for more than 500 licensed Cannabis businesses that collectively owe approximately $400 million in back taxes, penalties, and ...
REVIEW: CannBev Summit-Recap from Brandon Bobart
MIAMI - The CannaBev Summit in Miami Beach took place at a pivotal moment for the hemp-derived THC beverage industry. The uncertainty referenced throughout the event is regulatory and political. Specifically, it centers on whether ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The U.S. Cannabis sector has settled into a phase defined by operational discipline rather than continued expansion. While mature markets continue to generate reliable revenues, wholesale price compression and margin erosion have ...
From Survival to Execution: Hall of Flowers Ventura Reflects an Evolving Cannabis Industry
LOS ANGELES- Hall of Flowers Ventura continues to set the standard for what a modern Cannabis industry event should look and feel like—focused, curated, and highly effective. Hall of Flowers Ventura this past March 18 ...
Updated: Europe’s Cannabis Business Events 2026
BERLIN- Europe’s Cannabis market is moving from theory to execution. And the clearest signal is the event calendar. From Berlin to London to Prague, the sequence of events tells a story—not just of geography, but ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
Emerging Policies Reshape the Psychedelics Industry
LOS ANGELES- The psychedelics sector is undergoing significant transformations due to evolving regulatory policies and scientific advancements that could redefine their therapeutic applications. A notable development occurred in August 2024 when the U.S. Food and ...
Arizona’s Cannabis Sales Experience Downturn in 2024
LOS ANGELES- In 2024, Arizona's combined medical and adult-use cannabis market saw a decline, with total sales amounting to $1.1 billion, a decrease from the nearly $1.3 billion recorded in both 2022 and 2023. The ...
New Jersey Governor Proposes Increase to Cannabis Social Equity Tax
LOS ANGELES- Governor Phil Murphy has proposed raising New Jersey's social equity excise fee on cannabis from $2.50 to $15 per ounce. This proposal aims to generate additional revenue for social service and violence intervention ...
Industrial Hemp Regulation Undergoing Comprehensive Review
LOS ANGELES- The regulatory framework governing industrial hemp is currently under extensive review, aiming to address emerging challenges and align with evolving industry practices. This initiative seeks to refine existing policies to better support the ...
Cannara Biotech Extends BMO Credit Facility and Convertible Debenture to Strengthen Financial Position
LOS ANGELES- Cannara Biotech Inc. has announced the extension and amendment of its existing credit agreement with the Bank of Montreal (BMO) and a convertible debenture with Olymbec Investments Inc. These strategic financial adjustments aim ...
NYC Sheriff Files Lawsuit Against Home Contractors Over Alleged Permit Violations
LOS ANGELES- New York City Sheriff Anthony Miranda, known for his enforcement actions against unlicensed cannabis dispensaries, has initiated a $350,000 lawsuit against home contractors for allegedly failing to secure necessary permits during renovations of ...
Sà Wea: Pioneering African Heritage and E-Commerce Innovation in the Luxury Cannabis Industry
LOS ANGELES — In the cannabis industry, often lacking cultural diversity and unique storytelling, Sà Wea Luxury Inc. stands out as the first luxury cannabis lifestyle brand to integrate African heritage into its identity. Founded ...
Bright Green Corporation Completes Restructuring, Exits Cannabis Sector
LOS ANGELES- Bright Green Corporation has finalized its restructuring plan, marking a strategic shift from the cannabis industry to the production of all U.S. Drug Enforcement Administration (DEA) scheduled controlled substances. This decision includes an ...
Pennsylvania Lawmakers Propose State-Run Dispensaries for Recreational Cannabis Sales
LOS ANGELES- In a move toward legalizing recreational cannabis, Pennsylvania legislators have introduced proposals to establish state-owned dispensaries, mirroring the state's existing model for alcohol sales. State Representatives Dan Frankel and Rick Krajewski advocate for ...
Florida Republican Lawmakers Propose Expansion of Medical Cannabis Access
LOS ANGELES- In recent legislative developments, certain Republican lawmakers in Florida have introduced bills aimed at broadening access to medical cannabis within the state. Notably, these proposals include provisions that would permit qualified medical cannabis ...
Maryland House Committee Advances Bill to Exempt Certain Cannabis Transactions from State Sales Tax
LOS ANGELES- The Maryland House Ways and Means Committee approved House Bill 619, legislation designed to exempt specific cannabis-related transactions from the state's sales and use tax. The bill, introduced on January 23, 2025, seeks ...
Federal Indictment Uncovers Extensive Illegal Cannabis Operation on Navajo Nation
LOS ANGELES- A federal grand jury indicted Dineh Benally, 48; his father, Donald Benally, 74; and business associate Irving Rea Yui Lin, 73, on charges related to an illicit cannabis cultivation enterprise spanning New Mexico ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
