M4MM

Eli Lilly Completes Acquisition of AtaiBeckley

INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...

Eli Lilly Completes Acquisition of AtaiBeckley

INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...

Cannaflex Opens European Export Route

RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...

Eli Lilly Completes Acquisition of AtaiBeckley

INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...

Eli Lilly Completes Acquisition of AtaiBeckley

INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...

Cannaflex Opens European Export Route

RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...

Grown Rogue Launches Cultivation Ops in Minnesota

MEDFORD – Grown Rogue International Inc. officially began cultivation operations at its Fridley, Minnesota facility, nine months after first securing the location in December 2025. Phase I puts roughly 8,000 sq. feet of flowering canopy ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

cbdMD Moves to Acquire Twinlab

CHARLOTTE – cbdMD, Inc. entered into a definitive asset purchase agreement to acquire the operating assets and brands of Twinlab, including Twinlab, Reserveage, Metabolife and Alvita Tea. The transaction is structured through an assignment for ...

Trump Signs Hemp THC Ban Delay

WASHINGTON – President Donald Trump signed H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, pushing back sweeping federal restrictions on hemp-derived THC products from November 12 to December 11, 2026. Embedded in a must-pass ...

Cresco Labs Closes Pennsylvania Dispensary Deal

CHICAGO – Cresco Labs Inc. announced the closing of its acquisition of 100% of the outstanding equity interests in PharmaCann Penn, LLC for an aggregate consideration of $50 million. The deal covers nine operational retail ...

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