New Jersey's Cannabis Market Thrives: $1 Billion In Sales, Policy Shifts, Industry Insights At Benzinga Event Image Cannabis NewsFebruary 28, 2025
The Garden State’s cannabis industry will take center stage at the upcoming Benzinga Cannabis Market Spotlight on March 4, 2025, at the Delta Hotels by Marriott in Somerset. This event aims to delve into New Jersey‘s burgeoning cannabis market, offering insights into retail opportunities, supply
Marijuana Business News Read more on BenzingaGermany's Cannabis Imports Increase 4x In 2024 Amid Regulatory Changes: Which Countries Are Top Providers? Image Cannabis NewsFebruary 28, 2025
Germany’s medical cannabis imports hit a record 31.6 metric tons in the fourth quarter of 2024, marking a nearly fourfold increase from Q1 2024 and a 53% rise from Q3 2024, according to a new report from Zuanic & Associates. The surge is primarily attributed to changes in Germany’s Narcotics Law
Marijuana Business News Read more on BenzingaFirst Cannabis Products Franchise In South America Could Soon Land in The US: Meet Paraguay's Cannashop Image Cannabis NewsFebruary 27, 2025
"It fills me with pride to see so many women playing key roles throughout the production chain, from agricultural cultivation to the commercialization of finished products," says María José Rey, CEO of Hempar Group for the Cannashop franchise. This Paraguayan company is dedicated to making
Marijuana Business News Read more on BenzingaPopular cannabis brand declares Chapter 11 bankruptcy Image Cannabis NewsFebruary 24, 2025
While people like to smoke (and otherwise consume marijuana, companies operating in the cannabis space have struggled. Retail sales in the cannabis space continue to rise, but brands have struggled to differentiate themselves. A number of major players have declared bankruptcy because marijuana
Marijuana Business News by The StreetUnlicensed retailers provide youths with easy access to cannabis in New York City, study reveals Image Cannabis NewsFebruary 24, 2025
A new study, led by researchers at Columbia University, suggests it is easy for youths to purchase cannabis from unlicensed dispensaries in New York City, despite state laws that bar access to recreational cannabis to those under age 21. The article, "Cannabis Access by Retailer Type in New York
Recreational Marijuana News Marijuana Business News by Medical Xpress.Communities seeing benefits of marijuana tax boom Image Cannabis NewsFebruary 24, 2025
ALPENA — Local governments in Michigan will receive $58,228 for every licensed marijuana business that operates in their communities. On Friday, the state government announced that this year’s allocation is slightly lower than last year, but local government officials say the revenue remains welcome
Marijuana Business News by The Alpena NewsCannabis industry faces debt reckoning without bankruptcy help Image Cannabis NewsFebruary 20, 2025
Marijuana companies face $6 billion in debt coming due next year as profits decline industrywide. Struggling cannabis companies are looking to restructure debt to stay afloat as federal legal hurdles remain seeking protection from creditors via bankruptcy filings. If it were like most companies on
Marijuana Business News by The North Bay Business JournalHow E-Commerce is Driving CBD Demand: Key Logistics Improvements to Note Image Cannabis NewsFebruary 24, 2025
E-commerce has grown significantly in recent years, and with it, so did many industries, including recreational cannabis or CBD. The global CBD market is even expected to hit $6.91 billion by 2026. This makes it one of the fastest-growing industries in e-commerce. For businesses, this growth
Marijuana Business News by Global TradeTide Turns in Italian Industry’s Favour as It Continues Its Fight for Survival Image Cannabis NewsFebruary 24, 2025
The Italian hemp industry has received unexpected support from the centre-right Forza Italia party, strengthening its position against an existential threat from the wider government. As the Meloni administration continues its relentless efforts to impose a ‘grotesque crackdown’ on all commercial
Marijuana Politics Marijuana Business News by Business of CannabisAsake's Partners with El Blunto to Launch High-End Cannabis Brand, GIRAN Image Cannabis NewsFebruary 21, 2025
LOS ANGELES, February 20, 2025 /PRNewswire/ -- El Blunto, the world's leading producer of premium blunts, has partnered with GRAMMY-nominated Afrobeats artist Asake to launch GIRAN, a high-end cannabis brand. The collaboration kicks off with two diamond-infused pre-roll products, featuring top-shelf
Cannabis Technology News Marijuana Business News by PR NewswireOver 300 cannabis dispensaries open statewide
ROCHESTER, N.Y. — New York’s legal cannabis industry has reached a significant milestone, with over 300 licensed dispensaries now open across the state. This information comes from the Office of Cannabis Management. Most of the 307 dispensaries are located in the New York City area, but the
Planet 13 Continues to Grow the Iconoclast Universe
[PRESS RELEASE] – LAS VEGAS, Feb. 12, 2025 – Planet 13 Holdings Inc., a leading vertically integrated multistate cannabis company, announced an exciting new partnership to co-brand, package, and produce premium cannabis products for legendary boxing champion Mike Tyson, wrestling icon Ric Flair, and
Zyn Changed Nicotine Forever - Are Cannabis Pouches The Next Big Thing?
Philip Morris International, one of the largest tobacco companies in the world, has undergone a dramatic transformation over the past few years. As cigarette smoking continues its decades-long decline, PMI has aggressively expanded into smokeless alternatives, with Zyn – its flagship nicotine pouch
Inside The First Black And Latina-Owned Vertically Integrated Cannabis Company In The US
In a rapidly evolving cannabis industry, where social equity remains an ongoing challenge, Standard Wellness Maryland is making history. Led by Christina Betancourt Johnson, the company is the first African American and Latina majority-owned, vertically integrated cannabis company in the United
Cannabis Producer Organigram Q1 Sales Jump 17%, Expect C$10 Million From Motif Integration, Annual Run-Rate Synergies Within Two Years
On Tuesday, Cannabis producer Organigram Holdings Inc reported first-quarter 2025 gross sales of CA$66.8 million, up 19% year-over-year, beating the consensus of CA$65.4 million. 21% of harvests came from higher efficiency seed-based cultivation, up from 9% in the prior quarter. Net revenues
Tilray Expands Medical Cannabis Portfolio in Germany
Global Leader in Medical Cannabis Launches New Cannabis Extract Products and Formulations NEUMÜNSTER, Germany, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Tilray Medical (“Tilray”), a division of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), and a global leader in medical cannabis, empowering the
Arizona Attempts to Force Funding of Medical Cannabis Research Through Sales Taxes
Arizona lawmakers are attempting to force the state’s Department of Health Services (DHS) to put millions of dollars towards medical cannabis research. Senate Bill 1230, currently making its way through the Senate, is aimed at ensuring funds collected from medical cannabis patients and dispensaries
Rhode Island: Nearly $10 Million in Legal Cannabis Sold in January
In January, there was nearly $10 million worth of marijuana and marijuana products sold legally in Rhode Island. Licensed marijuana outlets in Rhode Island sold $9.57 million worth of marijuana between January 1 and January 31, according to the Rhode Island Department of Business Regulation. While
'Existential threat': Calif. pot industry prepares for 25% state tax increase
California’s legal cannabis industry could be in for a brutal 2025. The state is considering increasing the licensing fees for legal businesses, right as a 25% tax increase looms in July. The great irony is both cost hikes are in play precisely because the legal market is in such dire financial
Bill Gates Reflects On LSD, Cannabis, Risk-Taking And Influence Of Paul Allen And Jimi Hendrix
In his debut memoir “Source Code,” which hit the bookshelves on Feb. 4, Bill Gates shared several stories about his teenage experiences with cannabis, alcohol and LSD. He smoked weed in high school to "look cool" and impress the girls. "It didn't work out,” he said, “but I tried.” Gates laid the
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