Fable Leads the Way in THC-Infused Botanical Cocktails

In recent years, consumer preferences have broadened significantly, particularly towards non-alcoholic alternatives that offer sophistication and complex flavors traditionally found in alcoholic beverages. Leading this innovative...

2d

Marijuana Index

MedMen Layoffs and Management Shakeup Highlight Cannabis Industry Challenges

The competitive landscape in the cannabis industry still poses challenges, and even some major players, like Los Angeles-based multistate operator (MSO) MedMen Enterprises, initiated a round of corporate layoffs on January...

6d

Marijuana Index

Navigating the Renaissance of the U.S. Hemp Industry

The hemp industry in the United States is currently experiencing a revitalizing phase. Overcoming previous fluctuations, it has demonstrated stability and growth across several market segments. Rising prices and increased...

1w

Marijuana Index

U.S. Marijuana Industry Adds Over 440,000 Jobs Despite Regional Dips

The U.S. witnessed a 5% increase in full-time marijuana jobs over the last year, with more than 440,000 full-time equivalent positions supported by the legal cannabis industry, according to a new report from Colorado-based...

1w

Marijuana Index

The Struggle of Marijuana MSOs in an Unpredictable Cannabis Market

Throughout late 2023, numerous publicly traded cannabis multistate operators (MSOs) began withdrawing from regulated markets, primarily due to escalating costs, hefty taxation, and sluggish federal policy reform. For example,...

2w

Marijuana Index

Curio Fined for Health and Safety Violations at Maryland Dispensary

Recently, a prominent cannabis business incurred fines due to numerous health and safety breaches at their outlet in Timonium, Maryland. Acknowledging these breaches, the company agreed to a consent order with the Maryland...

3w

Marijuana Index

Rhode Island Governor Proposes Tax Reforms to Benefit Cannabis Industry

State and federal taxes could soon be separated for US cannabis industry operators, a move set in motion by Dan McKee. By addressing the restrictive Internal Revenue Service (IRS) code 280E, which prevents companies involved...

3w

Marijuana Index

U.S. Hemp Industry Sees Remarkable Growth

A recent report by the United States Department of Agriculture’s National Agriculture Statistics Service (NASS) shows that the economic landscape for hemp production has witnessed substantial growth. The data elucidates...

3w

Marijuana Index

Curaleaf Launches First Dual Medical and Adult-Use Cannabis Dispensary in New York

Premier consumer cannabis provider Curaleaf has officially begun adult use sales at its Hudson Valley dispensary in Newburgh, New York. This comes as the first retail location for the company in the state to accommodate both...

3w

Marijuana Index

What Future Awaits Cannabis Cryptocurrencies? Exploring Top Market Coins

Though marijuana stocks and exchange-traded funds (ETFs) offer the most common kinds of marijuana-related investments, cannabis cryptocurrencies have been on the rise lately, especially among crypto enthusiasts looking for...

3w

Marijuana Index

The Best Brokers for Cannabis Stock Investments in 2024

In recent years, the global cannabis industry has grown significantly. This growth has drawn many investors looking to add a different type of stock to their portfolios. Most aim to profit from the market, especially by buying...

4w

Marijuana Index

Colorado Cannabis Regulations Overhauled

The cannabis market landscape will undergo significant modification due to the recent legislative amendments in Colorado, reflecting both a maturation and a liberalization of the existing regulatory framework. With new rules...

5w

Marijuana Index

Cannabis Industry Legal Battle: Northempton vs. Vicente Law Firm

Legal disputes never fail to arise in the cannabis industry’s ever-dynamic landscape. This reality is glaringly evident in the recent conflict involving Northempton Enterprises and Vicente Law Firm. The dispute centers...

6w

Marijuana Index

Cannabis Tax Revenues Top $20 Billion

Since the inception of legalized recreational marijuana markets a decade ago, states across the U.S. have experienced a substantial influx of tax revenues. The cumulative figure has recently surpassed the $20 billion mark,...

6w

Marijuana Index

Cookies Retail LLC vs. Berner and the Legal Battle Over Franchise Laws and Licensing Deals

California-based Cookies Retail LLC has filed a lawsuit against Gilbert Milam Jr., also known as Berner, and his affiliated companies for alleged violations of state and federal franchise laws, fraudulent misrepresentations,...

6w

Marijuana Index

Curaleaf International Spearheads Cannabis Europa 2024

Recently, Curaleaf International, a leading player in the global cannabis sector, has been named the Headline Partner for the renowned Cannabis Europa conference. This key event, known for uniting top figures in science,...

6w

Marijuana Index

The Dynamics of Consolidation: Analyzing Cannabis Industry Mergers and Acquisitions

Cannabis mergers and acquisitions (M&As) offer marijuana-focused companies, especially small businesses, the opportunity to consolidate efforts with other brands and meet increased consumer needs.  However, M&A...

7w

Marijuana Index

$10 Million Grant to Empower Native American Tribes Through Sustainable Hemp-Based Economy Development

Oregon State University’s Global Hemp Innovation Center (GHIC) recently announced a $10 million grant awarded by the U.S. Department of Agriculture. The grant aims to support and develop the hemp-based economy within 13...

10w

Marijuana Index

Surge Amid Strategic Expansion in Canadian Cannabis Market

Cannara Biotech, a Montreal-based leading cannabis producer, continues to make waves in the industry with its strategic expansion and focus on providing premium quality products. In its latest financial report released Tuesday,...

11w

Marijuana Index

Global Cannabis Market Overview and Future Outlook in The Global Cannabis Report

The latest edition of The Global Cannabis Report offers a comprehensive overview of the worldwide legal cannabis market, its development, and the challenges different regions face. This publication, produced by Prohibition...

11w

Marijuana Index

Retreat and Re-strategize: The Bumpy Road of Canadian Cannabis Producers in the American Hemp CBD Market

In recent years, many Canadian cannabis licensed producers have been eager to invest in American hemp-derived CBD subsidiaries to tap into the lucrative market. However, as their fortunes dip and investor enthusiasm wanes,...

11w

Marijuana Index

New Jersey Poised for Cannabis Industry Boom with Projected $1 Billion Annual Sales

The executive director of the New Jersey Cannabis Regulatory Commission, Jeff Brown, recently shared his strong conviction that the state would exceed $1 billion in annual cannabis sales by 2024. Despite the uncertainty regarding...

11w

Marijuana Index

The European Cannabis Initiative and Its Impact on EU Drug Policy

The European Commission and the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) have signaled their growing support for cannabis reform. With the European Union acknowledging the trend toward legalization...

12w

Marijuana Index

Tilt Holdings and Smoore Partner to Enhance Vape Technology in Cannabis Industry

Tilt Holdings Inc., a key player in the cannabis industry, has agreed to partner with leading vape hardware manufacturer Smoore. This collaboration will see Smoore provide its advanced CCell vape hardware product collection...

12w

Marijuana Index

Australia and New Zealand Emerge as Front-Runners in the Global Cannabis Market

In a recent conference, Sasho Stefanovski, the CEO of PHCANN International, discussed the future prospects for the Australian cannabis industry. He emphasized that Australia has experienced significant growth in 2023, emerging...

12w

Marijuana Index

Roanoke College Pioneers Comprehensive Cannabis Studies Major

Roanoke College, a private educational institution in Virginia, is breaking new ground by offering a cannabis studies major to their students starting next semester. This major aims to equip learners with comprehensive knowledge...

12w

Marijuana Index

Emerging European Cannabis Market and Its Impact on Global Dynamics

The adult-use cannabis market in the United States was valued at $17 billion last year, with 24 states actively participating. The market is expected to continue growing as more states convert their medical use regulations...

13w

Marijuana Index

Aurora Cannabis Initiates Share Consolidation to Bolster Financial Stability

In a move to boost its financial position, Aurora’s board of directors has given the green light for a share consolidation plan to reduce outstanding common shares. Under the proposed plan, one share will be issued for...

13w

Marijuana Index

Ayr Wellness Secures $40 Million For Cannabis Industry Expansion

In a strategic move to regain control over its financial situation, Miami-based Multi-State Operator (MSO) Ayr Wellness has managed to retire or extend the maturity of approximately $400 million in debt over the past year....

14w

Marijuana Index

Weathering the Storm: Cannabis Companies Confront Financial Turbulence and Seek Solace in Strategic Mergers and Restructuring

Despite achieving operational milestones, MGC Pharmaceuticals faces financial difficulties due to adverse market conditions. The company’s share price has nosedived by more than 98% since its listing on the London Stock...

14w

Marijuana Index

Is the Green Gold Rush Here? U.S. Cannabis Stocks Skyrocket Amid Federal Policy Optimism

In response to recent statements from the Biden administration signaling a shift in federal cannabis policy, the Global Cannabis Stock Index at New Cannabis Ventures has reported an increase of over 20%. This index tracks...

15w

Marijuana Index

From Columbia Care to The Cannabist Co.: A New Era in Cannabis Evolution

As industries evolve, so do their giants. Columbia Care, one of the titans of the cannabis realm, has recently unveiled its transformation, rebranding as The Cannabist Co. This strategic move is not just about adopting a...

15w

Marijuana Index

Harnessing AI and Smartphone Tech: Pioneering the Future of Cannabis Intoxication Detection

A team of researchers from Canada and the United States has initiated a groundbreaking project that aims to transform your smartphone into an advanced tool capable of recognizing cannabis intoxication. By leveraging artificial...

16w

Marijuana Index