“Our findings add to the growing evidence supporting the potential benefits of cannabis use among people who use drugs,” researcher concluded. The post Study: Cannabis Consumption Associated With Opioid Cessation in Polydrug Users appeared first […]
Clinical Trial: Hemp-Derived Cannabinoids Improve Sleep Quality
Hemp-derived cannabinoid supplementation may be a “simple, effective, and well‐tolerated alternative to improve sleep quality.” The post Clinical Trial: Hemp-Derived Cannabinoids Improve Sleep Quality appeared first on NORML.
Texas: Judge Denies Effort To Enjoin Dallas’ Voter-Approved Marijuana Depenalization Ordinance
To date, none of the Attorney General’s lawsuits have been successful. The post Texas: Judge Denies Effort To Enjoin Dallas’ Voter-Approved Marijuana Depenalization Ordinance appeared first on NORML.
California’s fourth-quarter cannabis sales hit lowest point since 2020
Despite a rosy cannabis industry report issued this week by California marijuana regulators that projected ongoing growth, state sales figures for the fourth quarter of 2024 show the market had its worst quarterly performance in nearly five years, with legal sales at their lowest since the first quarter of 2020. …
AYR Wellness Reports Fourth Quarter and Full Year 2024 Results
The cannabis company reported $463.6 million in revenue for the full year of 2024, mirroring the company’s revenue figure from 2023. …
MariMed Reports Fourth Quarter and Full Year 2024 Earnings
The cannabis company reported record revenues and improved adjusted EBITDA. …
Cannabis broker says sales proceeding for both High Times IP, StateHouse assets
The proposed sale last year of all of High Times assets has thus far failed to go anywhere, but the intellectual property – including trademarks, websites and event names like the Cannabis Cup – were returned to the market for bids from would-be purchasers, in a window that closed on… …
Georgia Lawmakers Push to Expand State’s Medical Cannabis Program
House-passed legislation would remove the terms ‘severe’ and ‘end-state’ from qualifying conditions, while a Senate bill would increase the THC limit. …
Patients, Providers, Advocates Gather at NY Capitol, Decry Deterioration of Medical Cannabis Program
The advocates are demanding action from elected officials amid dispensary closures curtailing access to medical products unavailable in the adult-use market. …
New Jersey Governor Proposes 500% Tax Hike on Cannabis Cultivators as $7 Million Fund Remains Untouched
Gov. Phil Murphy proposed that licensed growers pay an additional $200 per pound tax when they sell or transfer products. …
Fresh Karma Opens 4th Missouri Dispensary in Columbia
The new location joins the company’s existing stores in Parkville, St. Joseph, and Midtown within Kansas City. …
Cannabis CEO ‘bullish’ on Pennsylvania legalizing recreational market
Pennsylvania will join the ranks of the U.S. adult-use markets either this year or next. That’s the prediction laid out by Gibran Washington, chief executive of Pennsylvania-based Ethos Cannabis – and he’s willing to put money on it. The primary question, he said, is what kind of market structure lawmakers will …
Texas lawmakers consider state-wide ban on most hemp products
Texas lawmakers are considering sweeping legislation that would effectively ban most hemp-derived products in the state, with a medical marijuana expansion pack pegged as a concessional trade off. Senate Bill 3, authored by state Sen. Charles Perry, would prohibit all cannabinoids except CBD and CBG, a move industry folks say …
Vireo Growth grows revenue, net loss in 2024 but expansion is on the horizon
Vireo Growth (CSE: VREO) (OTCQX: VREOF) reported record revenue for fiscal 2024, exceeding analysts’ expectations, and boosted its cash pile to fuel what executives call a “transformational” 2025 fueled by pending mergers and the anticipated launch of adult-use cannabis sales in Minnesota. The Minneapolis-based cannabis company announced Tuesday that its …
Nextleaf back into the black in first quarter of fiscal 2025
British Columbia-based marijuana processor Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) on Tuesday reported net income of C$530,402 for its first quarter of the 2025 fiscal year, which ended Dec. 31. That follows a net loss of C$1.4 million it lost for fiscal year 2024, which ended in… …
MariMed Acquires First State Compassion Center in Delaware
The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations. …
Curaleaf Reports $1.34 Billion in 2024 Revenue
The cannabis company also reported an operating cash flow from continuing operations of $163 million and a net loss of $216 million in 2024. …
60% of Cannabis Consumed in California Comes From Unregulated Market as Licensed Production Grows
The state issued a market outlook report that projects stabilizing prices, an industry value uptick, and growth in the licensed market in 2025. …
Report: Illicit market dominates California cannabis, but analysts see opportunity
After more than seven years of legal marijuana sales, fully licensed businesses in California have managed to capture just 40% of the state’s entire cannabis market, while the thriving underground trade still has a hold on about 60% of it and continues to illegally export millions of pounds of cannabis. …
New York launches new white labeling license
The potential of New York’s adult-use cannabis market has had out-of-state operators champing at the bit to get their pieces of the pie, but the state’s regulators designed the program to protect the market opportunity for residents and keep large multistate operators out. But a new license – the Adult-use …