Cresco Labs, a prominent multi-state operator (MSO) in the cannabis industry, has announced its departure from the California market, effective July 22, 2025. This strategic decision, a significant development in the state’s evolving cannabis sector, reflects a larger trend of operators reevaluating their presence and priorities in California. A Changing Landscape The California cannabis market,…
Senators Advocate for Medical Cannabis in Opioid Reduction Strategy The ongoing debate surrounding opioid use and chronic pain management continues to evolve, with medical cannabis increasingly emerging as a potential alternative. A recent newsletter published by Marijuana Moment on July 22, 2025, sheds light on the growing advocacy for medical cannabis among senators, highlighting its…
Cannabis Broadcast Station: A New Platform for Cannabis News In a rapidly evolving landscape, a new player has emerged in the world of internet television: Cannabis Broadcast Station (CBS). Owned by Infinity Broadcast Network, a subsidiary of Infinity Inc., CBS is positioning itself as a leading source of news and entertainment content focused specifically on…
A New York marijuana testing lab, once at the heart of a product recall, has quietly ceased operations within the cannabis industry, marking a significant shift in the state’s burgeoning market. The lab’s departure underscores the inherent volatility and evolving nature of the cannabis sector, as companies grapple with a myriad of challenges and adapt…
The Alberta Gaming, Liquor and Cannabis Commission (AGLC) is making history, ushering in a new era of cannabis accessibility by permitting sales at public events. Alberta is now the first province in Canada to allow cannabis retailers to set up shop at concerts and festivals where minors are present, provided sales and consumption are strictly…
Introduction The global cannabis technology market is on the cusp of unprecedented expansion, driven by the rapid legalization of cannabis worldwide and the industry’s increasing need for efficiency and quality. According to a recent strategic business analysis report added to the offering of ResearchAndMarkets.com, this dynamic sector is projected for robust growth in the coming…
BANGKOK – Thailand, which made international headlines by decriminalizing recreational cannabis use in 2022, is set to significantly reverse course with the implementation of stringent new regulations effective July 1, 2025. These measures effectively end recreational use of cannabis across the country, mandating a doctor’s prescription for all legal purchases, applicable to both tourists and…
Boxing legend Mike Tyson, joining forces with a prominent coalition of athletes and entertainers, is publicly pressing former US President Donald Trump to champion significant marijuana reform. The group argues that current President Joe Biden has fallen short on his promises regarding the issue, prompting their shift in advocacy towards Trump. Speaking recently on Fox…
MONTGOMERY, ALABAMA – A new era for the hemp industry in Alabama commenced on July 1, 2025, as a comprehensive law, House Bill 445 (HB445), officially took effect, implementing stringent new regulations across the state. The legislation significantly curtails the availability of certain hemp-derived products, notably imposing a ban on the sale and possession of…
LISBON, Portugal – A significant step towards standardizing medicinal cannabis products has been achieved with the publication of a peer-reviewed scientific study validating a novel process for producing high-quality, full-spectrum cannabis oil. SOMAÍ Pharmaceuticals LDA, an EU-GMP-certified Multi-Country Operator based in Portugal, in collaboration with Lusófona University, the largest private university in the country, announced…
