M4MM

Cresco Labs Workers Vote to Leave Union

LOS ANGELES- In a notable development in the cannabis industry, employees at Cresco Labs' cultivation facility in Fall River, Massachusetts, have opted to de-unionize. The decision, made ahead of the expiration of their current contract ...

Expansion of Japan’s Cannabis Market

LOS ANGELES- The cannabis market in Japan has shown remarkable growth from $26.3 million in 2019 to $173.8 million in 2023. This growth, detailed in a report by Euromonitor International, reflects a burgeoning demand for ...

  • Jointly

Heritage Cannabis Seeks Creditor Protection

LOS ANGELES-Heritage Cannabis Holdings Corp. has sought creditor protection, reflecting broader financial distress within Canada’s adult-use cannabis market. The Ontario Superior Court of Justice approved the creditor protection under the Companies' Creditors Arrangement Act (CCAA), ...

Canopy Growth Corp Expands into U.S. Cannabis Market

LOS ANGELES- Canopy Growth Corp, a Canada-based cannabis company, has secured approval from its shareholders to venture into the American cannabis market via its newly established subsidiary, Canopy USA. This strategic move involves a novel ...

Kentucky to Initiate Medical Cannabis License Lottery

LOS ANGELES- In a significant step towards the establishment of its medical cannabis program, Kentucky Governor Andy Beshear announced plans for a lottery to allocate the state's initial medical cannabis business licenses. Scheduled for October, ...

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