M4MM
Week in Review: Cannabis & Psychedelics Industry Highlights
The last fortnight delivered sustained progress across the U.S. Cannabis sector and meaningful steps forward in Psychedelics, showcasing the tangible outcomes that stem from a balance of ambition and discipline. State programs posted solid numbers, ...
Two in Three Americans Support Legal Home Cannabis Cultivation, The Harris Poll Finds
LOS ANGELES – A new national survey shows that a clear majority of U.S. adults support the right to grow Cannabis at home, even as many Cannabis users express concerns about pesticides in store-bought products. ...
9th Circuit Orders U.S. Government to Pay Over $2M to Ayahuasca Church
PHOENIX – The Ninth U.S. Circuit Court of Appeals has ruled that the federal government must reimburse the Church of the Eagle and the Condor and its members more than $2 million in attorney fees ...
AtaiBeckley Reports Q4 and FY 2025 Financial Results
NEW YORK – AtaiBeckley Inc. disclosed its fourth-quarter and full-year 2025 financial results, showing a significant net loss driven by costs from its recent merger while highlighting progress in its clinical programs for depression and ...
Ohio Hits Over $3B in Total Cannabis Sales
COLUMBUS – Ohio's legal Cannabis market has generated $3.56 billion in combined medical and recreational sales through the end of February, driven by steady growth in both segments since adult-use purchases became legal in August ...
Colorado Lawmakers Back Temporary On-Site Cannabis Consumption Events
DENVER – Colorado's House Committee on Business Affairs & Labor voted 7-5 to advance House Bill 26-1117, a measure that would let licensed Cannabis hospitality businesses hold temporary on-site consumption events. Sponsored by Rep. Naquetta ...
Explosion at New Jersey Extraction Facility Highlights Ongoing Safety Risks in Cannabis Processing
NEW JERSEY–A powerful explosion at an extraction facility in Logan Township, New Jersey on March 4 has left several workers seriously injured and reignited discussion around safety risks in solvent-based Cannabis processing. The blast occurred ...
Week in Review: Cannabis & Psychedelics Industry Highlights
The last fortnight delivered sustained progress across the U.S. Cannabis sector and meaningful steps forward in Psychedelics, showcasing the tangible outcomes that stem from a balance of ambition and discipline. State programs posted solid numbers, ...
Two in Three Americans Support Legal Home Cannabis Cultivation, The Harris Poll Finds
LOS ANGELES – A new national survey shows that a clear majority of U.S. adults support the right to grow Cannabis at home, even as many Cannabis users express concerns about pesticides in store-bought products. ...
9th Circuit Orders U.S. Government to Pay Over $2M to Ayahuasca Church
PHOENIX – The Ninth U.S. Circuit Court of Appeals has ruled that the federal government must reimburse the Church of the Eagle and the Condor and its members more than $2 million in attorney fees ...
Verano Reports Steady Q2 Earnings
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator in the U.S., reported its Q2 earnings on August 7th. The company met analysts' expectations with an EPS of ($0.05), showing a decline with negative ...
Key States to Decide Cannabis Legalization in 2024
LOS ANGELES- In November 2024, voters in four states—Florida, Nebraska, North Dakota, and South Dakota—will decide on significant cannabis ballot measures. Florida, the most populous among them, aims to transition from a medical-only market to ...
From Progress to Plateau: Democrats’ Shifting Gains on Cannabis Reform
LOS ANGELES- The Biden administration has a significant record on cannabis reform, characterized by policy shifts that have altered federal attitudes toward legalization. President Biden's notable moves include an October 2022 executive action urging agencies ...
Planet 13 Launches Initiative to Support Florida Veterans and First Responders with Medical Cannabis Access
LOS ANGELES- Planet 13 Holdings Inc., a multi-state cannabis company, recently launched the "Healing Heroes" initiative in Florida to support veterans and first responders. This program, active from November 1 to 14, 2024, aims to ...
Nebraska’s 2nd Congressional District Becomes Key Battleground in 2024 Presidential and Senate Races
LOS ANGELES- Nebraska's unique role in the 2024 presidential election lies in its allocation of Electoral College votes. Unlike most states, Nebraska, alongside Maine, uses a split system where two votes are awarded to the ...
DeSantis Uses Opioid Settlement Funds for Anti-Cannabis Ads Ahead of Ballot Initiative
LOS ANGELES- Florida Governor Ron DeSantis' administration has drawn attention for using opioid settlement funds to finance an anti-cannabis campaign. The Florida Department of Children and Families reportedly allocated $4 million for advertisements discouraging cannabis ...
Arizona to Launch Recreational Cannabis Home Delivery
LOS ANGELES- Starting November 2024, Arizona will permit home delivery for recreational cannabis, marking a significant shift in state policy. The Arizona Department of Health Services has approved this expansion, previously limited to medical cannabis ...
Cannabis Means Business — a Bold New Vision for CWCBExpo
NEW YORK (New York)-- Cannabis Means Business (CMB) is a new vision for the show previously run as CWCBExpo. This evolution is a significant shift in the landscape of cannabis industry events and reflects the ...
AICPA Calls for IRS Guidance on Cannabis Tax Policy Amid Potential Rescheduling
LOS ANGELES- The American Institute of Certified Public Accountants (AICPA) is calling on the IRS and Treasury Department to provide updated guidance on tax policy for cannabis businesses in light of a potential rescheduling of ...
Green Dragon and Eaze to Close Operations Amid Financial Challenges and Industry Downturn
LOS ANGELES- Green Dragon, a multi-state cannabis operator with facilities in Colorado and Florida, is set to cease operations by the end of 2024. This move will affect all 17 of its dispensaries in Colorado ...
NCIA Among Speakers Approved for DEA’s Landmark Cannabis Rescheduling Hearing in December
LOS ANGELES-The Drug Enforcement Administration (DEA) is preparing for its cannabis rescheduling hearing set for December 2 by selecting speakers to participate. Several organizations, including the National Cannabis Industry Association (NCIA), have received approval to ...
U.S. Cannabis Market Growth Reaches $50 Billion as Industry Grapples with Worker Unionization Efforts
LOS ANGELES- The U.S. cannabis market is on track for substantial growth, with projections indicating retail sales could exceed $50 billion annually within the next several years. In 2023, combined medical and recreational cannabis sales ...
New Report Highlights Key Insights and Challenges in U.S. Alzheimer’s Patient Experience
LOS ANGELES- A new report from ResearchAndMarkets.com, "Alzheimer's Disease in the United States: Understanding the Alzheimer's Patient Experience," provides a data-driven view of the experiences of nearly 7 million Americans living with Alzheimer's. The report, ...
Did You Know… Cannabis Was Once a Legal Cross-Border Import?
LOS ANGELES- A hundred years ago, the U.S. government held a different view on cannabis, or Cannabis sativa L. Known then as “marihuana,” it was also called hemp, Mary Jane, and Mary Warner, among other names. ...
Trulieve Throws the Kitchen Sink at Adult-Use Cannabis in Florida
MIAMI — (HCN) As Florida’s November 5th election approaches, Trulieve, a dominant force in the state’s medical cannabis market, is making an unprecedented push to legalize adult-use cannabis. With a jaw-dropping $141 million contribution to ...
