M4MM
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
Crafting Cannabis Excellence: How Quality Builds Lasting Brands
In the bustling Cannabis market, where fierce competition and economic pressures have driven prices down, many products risk blending into a sea of sameness. Yet, a select group of companies stands out by prioritizing premium ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
MariMed Expands Access to Betty’s Eddies Chews to Medical Market in Maine
LOS ANGELES- MariMed Inc. has entered into a licensing agreement with The Stoned Moose, LLC, to distribute its full-spectrum Betty’s Eddies fruit chews in both adult-use and medical cannabis channels across Maine. Previously restricted to ...
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
Crafting Cannabis Excellence: How Quality Builds Lasting Brands
In the bustling Cannabis market, where fierce competition and economic pressures have driven prices down, many products risk blending into a sea of sameness. Yet, a select group of companies stands out by prioritizing premium ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
Maine Advances Psychedelic Research with Commission Bill Awaiting Governor’s Approval
LOS ANGELES- In a significant move towards exploring the therapeutic potential of psychedelic substances, Maine lawmakers have sent a bill to Governor Janet Mills that aims to establish a commission for studying and recommending regulatory ...
Silo Pharma Licenses Promising Alzheimer’s Disease Therapeutic from Columbia University
NEW YORK- Silo Pharma, Inc. a biopharmaceutical company specializing in novel formulations and drug delivery systems, has announced its decision to license a therapeutic candidate for Alzheimer's disease (AD), known as SPC-14, from Columbia University. ...
Red Light Holland Advances in Psilocybin Research and Development
LOS ANGELES- Red Light Holland Corp., a North American and European producer of functional mushrooms and mushroom home grow kits, is set to provide an update on its Research and Development (R&D) collaboration with CCrest ...
Montana’s Comprehensive Approach to Cannabis Regulation and Consumer Safety
LOS ANGELES- Montana's Cannabis Control Division (CCD) is spearheading efforts to ensure public health and safety through the implementation of the Montana Cannabis Regulation and Taxation Act. The legislation aims to provide safe access to ...
Virginia Governor’s Veto Stalls Cannabis Legalization Progress
LOS ANGELES- In a recent development in Virginia's cannabis legalization movement, Governor Glenn Youngkin vetoed legislation that would have established a legal marketplace for adult-use cannabis. This move has been seen as a setback for ...
Federal Seizures of Regulated Cannabis Products Impact New Mexico Businesses
NEW YORK- In recent weeks, U.S. Customs and Border Protection (CBP) agents have reportedly seized regulated cannabis products at least a dozen times at border checkpoints in New Mexico, impacting state-licensed cannabis businesses. This marks ...
Filament Health Reports Revenue Gains and Progress in Psychedelic Drug Development
LOS ANGELES- Filament Health Corp., a psychedelic drug developer, has reported its financial results for the fourth quarter and the full year ending December 31, 2023. The company showed notable revenue gains and a significant ...
California Proposes Supervised Psychedelic Therapy Bill
LOS ANGELES- In an innovative legislative move, California lawmakers have introduced a bipartisan bill that aims to permit individuals over the age of 21 to consume psychedelic mushrooms under professional supervision. This proposal seeks to ...
Health Canada Reclassifies Organigram’s Cannabis Lozenges as Edibles
NEW YORK- In a recent development that has stirred the Canadian cannabis industry, Health Canada has announced a pivotal decision affecting Organigram Holdings. The federal agency has reclassified the company's Edison Jolts lozenge products from ...
Chicago Atlantic Invests $20 Million in Nova Farms Expansion
LOS ANGELES- Chicago Atlantic, a significant player in financial investment, has finalized a $20 million senior secured financing deal with Nova Farms, an established cannabis operator. This strategic investment is aimed at bolstering Nova Farms' ...
Ohio Moves Forward with Adult-Use Cannabis Marketplace Regulations
LOS ANGELES- Ohio is on the verge of activating its adult-use cannabis marketplace following the state regulators' recent publication of the latest draft rules for the industry. This comprehensive framework, announced last week, introduces detailed ...
California Enhances Cannabis Equity with $12 Million Grant
NEW YORK- In a landmark move, California has allocated $12 million in grants to ten cities and counties, including Oakland and San Jose, as part of its commitment to fostering equity in the cannabis industry. ...
New Jersey Navigates Legal Waters on Off-Duty Cannabis Use by Police
LOS ANGELES- In a groundbreaking legal case in New Jersey, the debate over off-duty cannabis use by law enforcement officers brings to light the complex interplay between state legalization and federal restrictions. Jersey City has ...
New York Supreme Court Overturns Cannabis Marketing Restrictions
LOS ANGELES- In a significant legal development for New York's cannabis industry, the Supreme Court in Albany County invalidated several marketing restrictions on Monday, marking a pivotal moment for licensed cannabis businesses in the state. ...
New Mexico Sets Record in Cannabis Sales for March
LOS ANGELES- In a significant development within the cannabis industry, New Mexico reported a record-breaking total of over $52 million in combined recreational and medical cannabis sales for March. This figure surpasses previous records, marking ...
