M4MM
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
California Directs $227M Toward Cannabis Enforcement
SACRAMENTO – Gov. Gavin Newsom announced that California has awarded $227 million in Proposition 64 grant funding to local governments working to address the public health and safety effects of Cannabis legalization. The money is ...
Bipartisan Cannabis Banking Bill (SAFE) Returns to Congress Ahead of DEA Hearing
WASHINGTON – A bipartisan coalition of senators and representatives reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, restarting a long-running effort to let banks and credit unions serve Cannabis businesses without fear of federal ...
Glass House Brands Gains NYSE Listing Approval
LONG BEACH – Glass House Brands Inc. has secured approval to list its shares on the New York Stock Exchange, marking another step for a major player in the state’s market toward a prominent trading ...
Sacramento Clears Path for Cannabis Consumption Lounges
SACRAMENTO – The Sacramento City Council voted 7-1 to amend the city's zoning code and classify Cannabis consumption lounges as an allowed land use, capping a process that traces back to a pilot program the ...
Delaware Moves to Regulate THC-Infused Beverages
DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee advanced House Bill 373, sending the measure to the Senate Finance Committee and bringing it a step closer to a full Senate vote. The action ...
AMASS Invests in Hemp-Derived THC Beverage Brand Afterdream
LOS ANGELES – AMASS Brands Group, a California-based multi-category beverage platform, has entered into a Simple Agreement for Future Equity (SAFE) in Afterdream, a hemp-derived THC beverage brand. The agreement grants AMASS the right to ...
Nebraska Takes First Step Toward State-Grown Medical Cannabis Supply
LINCOLN – Nebraska’s medical Cannabis program, approved by voters in 2024, has reached a notable early milestone. State regulators recently authorized the first licensed cultivator to begin planting, marking concrete progress in building a regulated ...
Ora Pharm Completes Helius Acquisition, Becomes New Zealand’s Largest Medical Cannabis Company
AUCKLAND – Ora Pharm has completed the acquisition of the key assets of Helius Therapeutics and restarted manufacturing operations. The agreement covers Helius's EU-GMP-certified production plant, its remaining inventory, and its operating licenses, though it ...
Glass House Brands Triggers Warrant Acceleration
LONG BEACH – Glass House Brands Inc., a major player in California Cannabis production and retail, has told holders of warrants issued in two earlier financing rounds that their right to convert those securities into ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Two weeks of headlines confirm a market sorting itself by balance sheet rather than by ambition. Cannabis is consolidating into a smaller circle of disciplined operators, while psychedelics graduate from pilot programs ...
Virginia Lawmakers Send Cannabis Retail Framework to Governor’s Desk
RICHMOND – The Virginia General Assembly approved budget language that sets the terms for a regulated adult-use Сannabis market, sending the measure to Gov. Abigail Spanberger after a year of stalled bills and one rejected ...
Definium Clears Phase 3 Trial for its LSD-Based Depression Treatment
NEW YORK – Definium Therapeutics Inc. announced positive topline data from its Phase 3 Emerge study evaluating DT120, an orally disintegrating tablet (ODT) formulation of pharmaceutical LSD, in adults with major depressive disorder (MDD). The ...
Vireo Growth Finalizes Equity Stake in Two Maryland Dispensaries
MINNEAPOLIS – Vireo Growth Inc. announced that it has completed the acquisition of an indirect 49% equity interest in HA-MD, LLC, the entity that owns Chesapeake Integrated Health Institute and Maryland Alternative Relief, two licensed ...
Khalifa Kush Enters Australia Through Endoca Distribution Deal
LOS ANGELES – Khalifa Kush, the Cannabis brand founded by rapper Wiz Khalifa, has struck a distribution agreement with Australian medicinal Cannabis company Endoca to bring its flower, edibles and vape cartridges to patients across ...
Otsuka Completes $1.23B Buyout of Transcend Therapeutics
PRINCETON – Otsuka America, the U.S. subsidiary of Otsuka Pharmaceutical Co., Ltd., announced that it has completed its acquisition of Transcend Therapeutics, a New York biotechnology company developing rapid-acting treatments for neuropsychiatric disease. First disclosed ...
