M4MM
New Hampshire House Advances Bill to Regulate Medical Psilocybin Use
CONCORD – The New Hampshire House of Representatives has given initial approval to a bipartisan measure that would establish a state program allowing supervised therapeutic access to psilocybin for qualifying medical conditions. House Bill 1809, ...
As November Looms, the Intoxicating Hemp Industry Carries On — Calmly, Confidently, and Perhaps Optimistically
NEW YORK - Across the United States, the intoxicating hemp sector is behaving as though November 2026 is just another month on the calendar — not a potential regulatory cliff. That’s when new federal restrictions, ...
OPINION: The Cannabis Industry That Left Black America Behind
LOS ANGELES- America’s legal Cannabis industry loves to tell a redemption story: a plant once criminalized is now regulated, normalized, and generating billions in tax revenue. But redemption for whom? Black History Month shouldn’t just ...
Republican State AGs Challenge Trump’s Cannabis Rescheduling Directive
LOS ANGELES – A coalition of Republican attorneys general from eight states has publicly rejected President Donald Trump's recent Executive Order to reschedule Cannabis under the Controlled Substances Act, citing persistent risks to public safety ...
Banks Still Hesitant on Expanding Services for Cannabis Businesses Post-Trump Rescheduling Order
LOS ANGELES – President Donald Trump's Executive Order fast-tracked the move to reschedule Cannabis under the Controlled Substances Act, aiming to ease research barriers and tax deductions for state-legal operators. Yet even as this policy ...
Atai Gains Nasdaq Biotechnology Index Spot
NEW YORK – AtaiBeckley N.V., the clinical-stage biopharmaceutical firm born from the November merger of atai Life Sciences and Beckley Psytech, has secured a place in the Nasdaq Biotechnology Index (NBI), a move that underscores ...
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to acquire Eaze Inc. in a stock-based transaction valued at $47 million upfront, marking the company's first push into the competitive California and Florida markets. The ...
New Hampshire House Advances Bill to Regulate Medical Psilocybin Use
CONCORD – The New Hampshire House of Representatives has given initial approval to a bipartisan measure that would establish a state program allowing supervised therapeutic access to psilocybin for qualifying medical conditions. House Bill 1809, ...
As November Looms, the Intoxicating Hemp Industry Carries On — Calmly, Confidently, and Perhaps Optimistically
NEW YORK - Across the United States, the intoxicating hemp sector is behaving as though November 2026 is just another month on the calendar — not a potential regulatory cliff. That’s when new federal restrictions, ...
OPINION: The Cannabis Industry That Left Black America Behind
LOS ANGELES- America’s legal Cannabis industry loves to tell a redemption story: a plant once criminalized is now regulated, normalized, and generating billions in tax revenue. But redemption for whom? Black History Month shouldn’t just ...
Medical Cannabis in Germany: A Gateway for Investment and Innovation
The investment climate in Germany's medical cannabis industry is poised for significant expansion, driven by the global cannabis legalization movement, ongoing regulatory changes, and mounting community and market demand. As the country embraces a more ...
MindMed to Present at Key September Investor Conferences
LOS ANGELES- Mind Medicine (MindMed) Inc., a clinical-stage biopharmaceutical company focused on developing novel treatments for brain health disorders, announced its participation in three significant investor conferences in September 2024. MindMed’s management team will engage ...
Green Thumb Secures $150 Million Syndicated Credit Facility
LOS ANGELES- Green Thumb Industries Inc, a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has announced the closing of a $150 million 5-year syndicated credit facility. The financing, led by Valley ...
Luxury Cannabis Market Expands with High-End Dispensaries
LOS ANGELES- The cannabis industry is shifting its focus towards luxury consumers, with a growing number of high-end dispensaries opening in upscale areas like Fifth Avenue in New York City and the Hamptons. This new ...
Cannabis Sector Volatility Deepens After DEA Rescheduling Delay
LOS ANGELES- The cannabis industry faced heightened volatility as the MSOS ETF (NYSE: MSOS), which tracks U.S. cannabis companies, dropped by 15.24% following the DEA’s decision to delay rescheduling cannabis until December 2. The market ...
Wiesbaden Seeks to Join Cannabis Sales Pilot in Pharmacies
GERMANY- Wiesbaden, the capital of Hesse, Germany, has officially applied to participate in a pilot project for cannabis sales through pharmacies. The initiative aims to study the impact of a regulated cannabis market on reducing ...
California Intensifies Crackdown on Illegal Pesticide Use in Hemp Industry
LOS ANGELES- California regulators have intensified efforts to address illegal pesticide use in the hemp industry, underscored by a recent case involving Northern California hemp grower Bin Zheng. The California Department of Pesticide Regulation (DPR) ...
Trump Weighs In on Florida Cannabis Legalization Ballot Measure
LOS ANGELES- Former President Donald Trump recently shared his thoughts on Florida's Amendment 3, a ballot measure that would legalize cannabis for adults 21 and over. In a post on Truth Social, Trump signaled tentative ...
Kentucky Receives Nearly 5,000 Applications for Medical Cannabis Business Licenses
LOS ANGELES- Kentucky officials have received 4,998 applications for medical cannabis business licenses as part of the state's newly established medical cannabis program, Gov. Andy Beshear announced. The majority of applications (4,076) were for dispensary ...
Missouri Hemp Trade Group Files Lawsuit Over Ban on Intoxicating Hemp Products
LOS ANGELES- The Missouri Hemp Trade Association has filed a lawsuit against the Department of Health and Senior Services (DHSS) challenging the state's recent ban on intoxicating hemp products. The lawsuit, filed in Cole County ...
Michigan Cannabis Prices Reach Historic Lows Amid Market Oversupply
LOS ANGELES- In July, cannabis prices in Michigan's legal market dropped to an all-time low, with the average price of an ounce of flower falling to $79.70, according to data from the Michigan Cannabis Regulatory ...
Ohio Recreational Cannabis Sales Reach Over $44 Million in First Month
LOS ANGELES- Ohio's legal cannabis market saw strong initial performance, with over $67.3 million in total sales between August 6 and August 31, according to the state's Division of Cannabis Control (DCC). Of this, $44 ...
Investment Environment and Outlook for Medical Cannabis in Ukraine
KYIV--The medical cannabis industry in Ukraine is on the cusp of transformation, fueled by recent legislative changes and a growing recognition of its potential benefits. As the country fights for its independence on the battlefields ...
Wisconsin Tribal Groups Launch Campaign to Push for Medical Cannabis Legalization
LOS ANGELES- A new campaign to legalize medical cannabis in Wisconsin has been launched by the Indigenous Cannabis Industry Association and the Wisconsin Tribal Task Force on Cannabis. The initiative, named Wisconsin Wellness, aims to ...
Alabama Judge Considers Easing Restrictions on Medical Cannabis Licensing
LOS ANGELES- A Montgomery County judge signaled Tuesday that he may consider easing some restrictions on the Alabama Medical Cannabis Commission (AMCC) to allow limited vetting of cannabis license awards, potentially advancing the state’s delayed ...
