M4MM
February Cannabis Haul Tops $9M in Rhode Island
PROVIDENCE – The regulated Cannabis market in Rhode Island recorded $9.32 million in total sales in February 2026, which is about a 4% increase from the $8.98 million tallied in February 2025, according to figures ...
Alcohol Sales Slide as Cannabis Brings in $2.5B for Canada
OTTAWA – Federal and provincial governments in Canada collected $2.5 billion from recreational Cannabis in the fiscal year 2025, marking an 11.5% increase from the prior year. This growth in Cannabis-related earnings contrasts with ...
ANALYSIS: When Oil Spikes, Cannabis Feels It Too
NEW YORK–Energy markets reacted immediately following the U.S.-Israeli strike on Iran. The operation — named by the Department of War (formally the U.S. Department of Defense)— raised fears of disruption to energy flows through the ...
High Tide Reports Q4 and Full FY 2025 Financial Results
CALGARY – High Tide Inc., the Canadian Cannabis retailer operating the Canna Cabana dispensary chain, released its audited financial results for the fourth quarter and full fiscal year ended October 31, 2025, reporting record revenue ...
Viridian Forecasts Accelerated M&A in Cannabis This Year
LOS ANGELES – Viridian Capital Advisors, a New York-based firm specializing in Cannabis finance and advisory services, has released its Key Insights for the U.S. Cannabis sector in 2026. The firm's analysts forecast a pickup ...
Trulieve Raises $60M in Senior Secured Notes
TALLAHASSEE – Trulieve Cannabis Corp. announced the completion of the second tranche of its private placement of 10.5% senior secured notes due in 2030, generating $60 million in principal. The closing follows the initial issuance ...
Canix Acquires Trym, Fits into Larger Consolidation Pattern in Cannabis
LOS ANGELES – San Francisco-based Canix, a provider of enterprise resource planning (ERP) software for Cannabis businesses, has acquired Trym, a specialized cultivation management platform. The deal combines Canix's comprehensive ERP system [which handles cultivation ...
February Cannabis Haul Tops $9M in Rhode Island
PROVIDENCE – The regulated Cannabis market in Rhode Island recorded $9.32 million in total sales in February 2026, which is about a 4% increase from the $8.98 million tallied in February 2025, according to figures ...
Alcohol Sales Slide as Cannabis Brings in $2.5B for Canada
OTTAWA – Federal and provincial governments in Canada collected $2.5 billion from recreational Cannabis in the fiscal year 2025, marking an 11.5% increase from the prior year. This growth in Cannabis-related earnings contrasts with ...
ANALYSIS: When Oil Spikes, Cannabis Feels It Too
NEW YORK–Energy markets reacted immediately following the U.S.-Israeli strike on Iran. The operation — named by the Department of War (formally the U.S. Department of Defense)— raised fears of disruption to energy flows through the ...
Shared Liability in Cannabis: A Smarter Approach to Managing Employee Compliance with Paylient
LOS ANGELES — As the cannabis industry continues to grow, so do the challenges that come with managing employees within a highly regulated environment. From payroll and benefits to labor compliance and HR management, cannabis ...
The Rise of the Clean Label Movement in Cannabis
LOS ANGELES — Consumer preferences in the cannabis market are evolving toward healthier and more transparent products. By 2024, the global cannabis market is projected to reach $57 billion, driven largely by the increasing legalization ...
U.S. States Prepare for Key Cannabis Ballot Measures in November
LOS ANGELES- Voters in several U.S. states will soon weigh in on significant cannabis-related ballot initiatives, potentially leading to broader legalization nationwide. On November 5, 2024, Florida, North Dakota, South Dakota, Nebraska, Arkansas, and Oregon ...
Criticism Mounts Over New York’s Social Equity Cannabis Fund for High Costs and Limited Impact
LOS ANGELES- New York’s Social Equity Cannabis Investment Fund, a public-private initiative launched to support individuals disproportionately affected by cannabis prohibition, has faced growing criticism over its high operating costs and limited results. Since its ...
Delaware Awards First Cannabis Cultivation and Manufacturing Licenses in Initial Lottery
LOS ANGELES- Delaware has initiated its adult-use cannabis licensing process, awarding the first cultivation and manufacturing permits through a lottery held on October 24, 2024. This inaugural lottery, organized by the Office of the Marijuana ...
Cybin Secures Patent for CYB005 Program in Push for New CNS Disorder Treatments
LOS ANGELES- Cybin Inc., a neuropsychiatric biopharmaceutical company, announced that it has secured a U.S. patent (No. 12,122,741) covering the composition of matter for key molecules in its CYB005 program. This patent represents a strategic ...
Unlicensed New York Cannabis Retailer Hit with $9.5 Million Judgment
LOS ANGELES- A New York Supreme Court judgment has ordered George West, owner of Jaydega 7.0 in Canandaigua, to pay $9.5 million after findings that his business sold cannabis products without the required state license. ...
Cannabis Vape Crisis Raises Key Questions About Cannabis Product Safety
LOS ANGELES — The vape contaminant crisis has significantly impacted the cannabis industry, raising crucial questions about product safety and consumer awareness. Amid this complex landscape, several industry leaders are working to address these issues ...
EU Investigates Italy’s Proposed Ban on CBD and Hemp Flowers
LOS ANGELES- The European Commission has launched an investigation into the Italian government’s proposed ban on CBD and hemp flowers, following concerns that the move may violate EU regulations. Italy's far-right government, under Prime Minister ...
South Dakota Cannabis Legalization Measure Faces Tight Race Ahead of 2024 Election
LOS ANGELES- Cannabis legalization advocates in South Dakota are facing an uphill battle ahead of the 2024 election. According to a recent Emerson College Poll, conducted in partnership with KELO-TV and *The Hill*, 50% of ...
Alabama Judge Appoints Mediator in Medical Cannabis Licensing Dispute
LOS ANGELES- A judge in Alabama has appointed a mediator to help resolve the ongoing legal dispute surrounding the state's medical cannabis licensing process. Montgomery Circuit Judge James Anderson selected retired Judge Eugene Reese to ...
Exploring the Framework: Investing in the Polish Medical Cannabis Market
EUROPE — While global attitudes toward cannabis shift from skepticism to acceptance, Poland, as a member of the European family, stands as a beacon of centuried cultivation, traditions, resilience, innovation, and economic growth. With its ...
Discovering Investment Opportunities in Italy’s Cannabis Market
EUROPE — The medical cannabis industry in Italy is undergoing a transition period, showing a significant transformation and investment potential, driven by an evolving regulatory framework and growing public acceptance. Since the legalization of medical ...
Ascend Wellness Shares Climb 5.3% Amid Low Trading Volume
LOS ANGELES- Shares of Ascend Wellness Holdings, Inc. rose by 5.3% on Friday, reaching an intraday high of $0.82 before closing at $0.80. This upward movement came despite a notable decrease in trading volume, with ...
Older Adults Increasingly Turn to Cannabis for Pain and Sleep Relief
LOS ANGELES- A growing number of older adults in the U.S. are turning to cannabis for managing sleep disturbances and chronic pain relief, especially as cannabis gains legal and social acceptance. Recent studies suggest that ...
