M4MM
Michigan Cannabis Wholesale Tax Falls Short of Early Expectations
LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...
Village Farms Launches Cultivation at Its Second Dutch Facility
GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...
Cresco Labs Secures $50M Revolving Credit Facility
CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...
Michigan Cannabis Wholesale Tax Falls Short of Early Expectations
LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...
Village Farms Launches Cultivation at Its Second Dutch Facility
GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...
Cresco Labs Secures $50M Revolving Credit Facility
CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...
FundCanna: Institutional Money (Finally) Finds Cannabis
LOS ANGELES – For years, Cannabis operators have built real businesses without access to the financial infrastructure that real businesses normally rely on. That may finally be starting to change. A San Diego-based Cannabis lender ...
Michigan Cannabis Wholesale Tax Falls Short of Early Expectations
LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...
Village Farms Launches Cultivation at Its Second Dutch Facility
GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...
Cresco Labs Secures $50M Revolving Credit Facility
CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...
Michigan Cannabis Wholesale Tax Falls Short of Early Expectations
LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...
Village Farms Launches Cultivation at Its Second Dutch Facility
GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...
Cresco Labs Secures $50M Revolving Credit Facility
CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...
FundCanna: Institutional Money (Finally) Finds Cannabis
LOS ANGELES – For years, Cannabis operators have built real businesses without access to the financial infrastructure that real businesses normally rely on. That may finally be starting to change. A San Diego-based Cannabis lender ...
Cross-Border Deals Now Define Cannabis M&A
LOS ANGELES – The global Cannabis industry has entered a new phase, one where the most influential deals are no longer being struck in North America, but across continents. The month of June kicked off ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Highly Capitalized Network-HCN tracked meaningful steps in operational strengthening, capital readiness, and program performance across the Cannabis and Psychedelics sectors during the past two weeks. The capital markets finally spoke, and they ...
Trulieve Approved to Uplist to NYSE in Historic Milestone for U.S. Cannabis Industry
TALLAHASSEE, Fla. — June 5, 2026 — In a landmark moment for the U.S. Cannabis industry, Trulieve Cannabis Corp. announced today that it has received approval to list its subordinate voting shares on the New ...
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical trial showed that psilocybin significantly reduced cocaine use when combined with structured psychotherapy. The findings, published in JAMA Network Open by researchers at the University ...
Lawmakers Press IRS for Clear Tax Rules on State-Legal Cannabis Operations
WASHINGTON – Rep. Steven Horsford (D) and Rep. Steve Cohen (D) led a letter to Treasury Secretary Scott Bessent and IRS Chief Executive Officer Frank Bisignano, urging the administration to provide clear, timely guidance for ...
FundCanna Launches Free Dispensary Inventory Calculator
SAN DIEGO – Cash flow has always been the structural fault line running beneath Cannabis retail. Operators juggle compressed margins, limited banking access, and pricing pressure from a market that hasn't stopped softening. Yet, one ...
Young Japanese Are Turning to Cannabis at Record Rates
TOKYO – The numbers released by Japan's National Police Agency (NPA) are striking by any measure. Japanese police investigated a record 6,832 individuals in Cannabis-related cases in 2025, up 754 from the previous year. The ...
Kentucky Governor Expands Medical Cannabis Eligibility
FRANKFORT – Kentucky Gov. Andy Beshear signed an executive order directing the state's Office of Medical Cannabis to issue emergency regulations adding 15 new qualifying conditions to the program, more than doubling the original list ...
Abstrax Earns Spot on Fast Company’s Most Innovative Companies List
IRVINE – Abstrax, the botanical flavor science company that built its foundation on essential oils and Cannabis terpene research, has been named to Fast Company's 2026 list of the World's Most Innovative Companies, placing fifth ...
AYR Wellness Hands Off Three More States to Arboretum
MIAMI – AYR Wellness Inc. has completed the transfer of its Cannabis operations in Florida, New Jersey, and Nevada to wholly-owned subsidiaries of Arboretum Bidco LLC, the entity established by its senior secured noteholders to ...
Vireo Growth Initiates Share Consolidation
MINNEAPOLIS – Vireo Growth Inc. continues to adjust its capital structure as it integrates recent acquisitions and positions itself among larger players in the U.S. Сannabis market. The company announced it will consolidate its multiple ...
