M4MM
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Silo Pharma’s SP-26 Ketamine Implant Meets All Endpoints in Preclinical Fibromyalgia Study
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, announced that its investigational ketamine implant, SP-26, met all primary endpoints in a preclinical study targeting fibromyalgia. The study, conducted in minipigs, assessed the implant's safety, ...
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
PharmaDrug Appoints New Chairman Amid Strategic Corporate Shifts
LOS ANGELES- PharmaDrug Inc. a specialty pharmaceutical firm dedicated to the advancement and commercialization of controlled substances and natural medicines, including psychedelics and previously sanctioned drugs, announced a significant leadership restructure. The company confirmed the ...
New Mexico Advances Psilocybin Research with Memorial Legislation
-LOS ANGELES- In a significant move toward exploring alternative therapeutic treatments, New Mexico Governor Michelle Lujan Grisham has signed Senate Memorial 12 (SM-12), initiating a comprehensive study on the therapeutic potential of psilocybin, the psychoactive ...
Aurora Cannabis Welcomes New CFO Simona King
LOS ANGELES- Aurora Cannabis Inc., a Canadia global medical cannabis industry, has announced the appointment of Simona King as its new Chief Financial Officer (CFO), effective February 21, 2024. King, a seasoned finance executive with ...
Maryland Supreme Court Sidesteps Hemp THC Case
The Maryland Supreme Court has decided against reviewing a case that challenges a provision of the state's adult-use cannabis legislation, effectively allowing the continued sale of hemp-derived THC products by unlicensed retailers across the state. ...
Germany Takes a Historic Step by Legalizing Cannabis for Adult Use
BERLIN- In a landmark decision last week, Germany's Bundestag moved to legalize the consumption and cultivation of cannabis for adults, marking a significant shift in the nation's drug policy. The measure, which was passed with ...
REVIEW: Green Dreams and Growing Pains: Benzinga’s L.A. Event Sheds Light on the Future of California’s Cannabis Industry
LOS ANGELES- At the Benzinga Market Spotlight event in the Bioscience LA venue, discussions unfolded that highlighted the diverse strategies and viewpoints within California's cannabis industry. One of the key speakers at Benzinga LA was ...
Las Vegas Welcomes Its First Licensed Cannabis Consumption Lounge
LOS ANGELES- Las Vegas, a city famed for its vibrant nightlife and sprawling casinos, has reached a new milestone in its diverse entertainment offerings with the opening of "Smoke and Mirrors," its first licensed cannabis ...
Business Expenses – What is NOT Deductible?
By Rachel Wright, Simon Menkes, & Abraham Finberg- CPAs licensed in California of AB FinWright LLP & 420CPA, and Andrew Gradman, Esq of Andrew Gradman Tax While it seems like a straightforward question, there can ...
Avesta Ketamine and Wellness Partners with Veterans Affairs to Offer Free Ketamine Therapy to Veterans
LOS ANGELES— Avesta Ketamine and Wellness, a leading provider of innovative mental health treatments, has announced a groundbreaking partnership with the Department of Veterans Affairs (VA) to offer free ketamine therapy for eligible veterans. This ...
Idaho Proposes Harsher Penalties for Cannabis Possession Amid Regional Shifts Toward Legalization
LOS ANGELES- As neighboring states progressively embrace cannabis reform, Idaho is taking a contrary path with a legislative proposal aimed at intensifying penalties for cannabis possession. The proposed bill, which introduces a mandatory minimum fine ...
Mississippi to Revoke License of Medical Cannabis Testing Lab After Rule Violations
LOS ANGELES — In a significant move that highlights the stringent regulatory landscape of the medical cannabis industry, the Mississippi State Department of Health (MSDH) has announced plans to revoke the operating license of Rapid ...
Veterans and Law Enforcement Leaders Call on Biden to Reschedule Cannabis
NEW YORK- In a significant push for cannabis reform, leading veterans organizations and U.S. law enforcement officials have rallied together, urging the Biden Administration to consider the rescheduling of cannabis under the federal Controlled Substances ...
Oklahoma Introduces Bill to Ban Foreign Land Ownership
LOS ANGELES- In an effort to combat illegal cannabis cultivation, Oklahoma legislators have proposed a bill aimed at prohibiting foreign land ownership within the state. House Bill 3125, introduced to the Oklahoma House of Representatives ...
Maryland’s Cannabis Licensing Rush: A Beacon of Social Equity and Industry Diversity
LOS ANGELES- In a significant move for the cannabis industry, Maryland has initiated a pioneering step with the approval of nearly 1,500 applicants, all vying for a mere 179 cannabis licenses. This development marks a ...
Arkansas AG Greenlights Medical Cannabis Ballot Initiative with Path to Adult-Use Legalization
NEW YORK- In a significant development for cannabis reform, Arkansas Attorney General Tim Griffin approved a revised ballot initiative aimed at enhancing medical cannabis access in the state. This initiative, now set for a potential ...
