Capital
New York State Advances Cannabis Market with New Licenses Amid Regulatory Challenges
NEW YORK- In a pivotal move aimed at bolstering the burgeoning adult-use cannabis market in New York, the state’s Cannabis Control Board (CCB) granted approval for ...
Montana’s Cannabis Industry Flourishes
LOS ANGELES- In 2023, Montana's cannabis market experienced substantial growth, with sales reaching millions of dollars across various counties, demonstrating the burgeoning business of cannabis in ...
California’s Proposed Bill Aims to Integrate Hemp Products into Cannabis Market
LOS ANGELES- In an effort to further regulate the cannabis industry, California lawmakers have introduced a draft bill that seeks to place hemp products under the ...
Massachusetts Cannabis Sales Hit Record $1.56 Billion in 2023 Amid Industry and Regulatory Challenges
NEW YORK- In an unprecedented achievement for the Massachusetts cannabis market, dispensaries across the state reported a record-breaking $1.56 billion in sales in 2023. This milestone, ...
MindBio Therapeutics Advances in Psychedelic Research
LOS ANGELES- MindBio Therapeutics Corp. is on the brink of completing a pivotal Phase 2a clinical trial, marking a significant milestone in the study of psychedelic ...
Michigan’s Cannabis Market Defies Moratoriums with Record $3 Billion Sales
LOS ANGELES- In an impressive display of market resilience, Michigan's cannabis industry shattered records by achieving over $3 billion in sales last year, despite facing significant ...
Algernon Pharmaceuticals Inc. Advances in Global Patent Portfolio with New Approvals in China
LOS ANGELES- Algernon Pharmaceuticals Inc., a Canadian clinical stage pharmaceutical development company, has recently announced a significant milestone in its global patent strategy. The Chinese Patent ...
Canopy Growth Secures US$35 Million in Private Placement to Bolster Liquidity and Reduce Debt
LOS ANGELES – Canopy Growth Corporation, a player in the cannabis industry, has announced an upsized private placement deal that aims to fortify the company's financial ...
Michigan’s Cannabis Industry: Balancing Growth and Regulation in a Booming Market
LOS ANGELES- Michigan's cannabis market has witnessed a remarkable surge, with adult-use and medical cannabis sales reaching a staggering $3.6 billion in 2023. This growth represents ...
New York Gov. Hochul’s Budget Proposes Shift from Potency to Weight-Based Cannabis Tax
NEW YORK— In a significant move to streamline taxation in the burgeoning cannabis industry, New York Governor Kathy Hochul’s proposed budget for fiscal year 2025 outlines ...
MedMen Enterprises Inc.: A Tale of Decline in the Cannabis Industry
LOS ANGELES- MedMen Enterprises Inc. a player in the cannabis industry, now faces a precarious future as its stock price plummets. Recent developments have seen the ...
Optimi Health Corp Expands Psychedelic Substance Manufacturing Capabilities with Health Canada License Amendment
LOS ANGELES- Optimi Health Corp. a Health Canada licensed entity engaged in psychedelic substance research and formulation, has achieved a significant milestone in its operational growth. ...
