M4MM
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
Week In Review: U.S. Historic Policy Shift on Cannabis; Canopy Growth Raises $50 Million; Thailand Steps Back from Legalization; Canada Exports Boom
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 York). Let's ...
Week In Review: New York Faces Challenges with Illicit Cannabis Shops: New Hampshire Senate Committee Approves Cannabis Legalization Bill
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 York). Let's ...
Week In Review: DEA Reschedules Cannabis At Last; Schumer Reintroduces CAOA; Georgia Governor Enacts New Hemp Law; Minnesota Updates Cannabis Laws
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 York). Let's ...
Week In Review: MedMen Winds Up Wound Up; U.S. & State Legislators Address Diverse Cannabis-Related Issues; Study Finds THC Increases Survival Time in Palliative Patients; Dutchie Falls Over on 420…Again
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 York). Let's ...
Week In Review: Kentucky Advances Medical Cannabis Licensing Schedule; Massachusetts Dispenses Social Equity Grants; California Advances Psychedelics Bill
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, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Vangst Acquire CannabizTeam; Washington D.C. Enhances Medical Cannabis Regs; Petalfast Acquires Flow Distribution; Canadian Cannabis Sales Dip; DEA Plan Hearing on Psychedelics
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, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Florida Supreme Court Greenlights Adult Use; Virginia Governor Vetoes Cannabis Legalization Bill; Colombia’s Medical Cannabis Exports Surge to $10.8 Million Amid Regulatory Enhancements
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from ...
New York State Advances Cannabis Industry with License Expansion and Financial Support
NEW YORK — In a significant move aimed at bolstering the burgeoning cannabis industry in New York, the Cannabis Control Board voted last week to significantly expand the market's infrastructure by awarding licenses to 114 ...
Schumer Amplifies Push for Cannabis Banking Reform Through Public Petition
NEW YORK- Senate Majority Leader Chuck Schumer (D-NY) is intensifying efforts to advance the Secure and Fair Enforcement (SAFER) Banking Act, employing a public petition to highlight the critical need for banking access for cannabis ...
Expert Panel Recommends Pharmacy Access and Tax Reforms for Canada’s Cannabis Sector
LOS ANGELES- An expert panel appointed by the government to review Canada's Cannabis Act has proposed several key changes aimed at refining the nation’s adult-use legalization framework. After 18 months of deliberation, the panel released ...
Curaleaf Expands Global Reach with Acquisition of Canadian Cannabis Operator
LOS ANGELES- Curaleaf Holdings, a figure in the cannabis industry, is advancing its international presence through the acquisition of Northern Green Canada, a licensed cannabis producer that specializes in the import-export market. This move, the ...
IRS Guidance Signals Potential Shift in Federal Approach to Cannabis Industry Cash Transactions
NEW YORK- In a move that may herald a more accommodating stance by federal agencies towards the burgeoning cannabis industry, the Internal Revenue Service (IRS) recently issued a memo that could significantly alter the financial ...
U.S. Treasury Secretary Reaffirms Support for Cannabis Banking Legislation
LOS ANGELES- In a significant development from Washington, U.S. Treasury Secretary Janet Yellen has once again vocalized her backing for critical cannabis banking legislation, emphasizing the urgency of resolving financial barriers faced by state-regulated cannabis ...
Germany Approves Historic Cannabis Legalization Measure
LOS ANGELES- In a landmark decision, lawmakers in Germany's Bundesrat have voted to approve the CanG measure, paving the way for the national legalization of adult-use cannabis. The Bundesrat's approval follows the previous endorsement by ...
Settlement Talks Underway in Dispute Over Cannabis Dispensary Location in Syracuse Suburb
NEW YORK- In a recent development that underscores the intricate legal and regulatory landscape of New York's cannabis market, TJ's Cannabis of Liverpool has entered settlement discussions with the New York Office of Cannabis Management ...
