M4MM

Turkish Parliament Legalizes Medical Cannabis Sales

ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...

DEA Challenges Right to Try Psilocybin Use in Court

LOS ANGELES- The U.S. Drug Enforcement Administration (DEA) has requested a federal appeals court to refuse Dr. Sunil Aggarwal's application to use psilocybin for terminally ill patients, citing the Controlled Substances Act (CSA) which does ...

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 ...

Subscribe To Our Newsletter