M4MM
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Rubicon Organics Reports Q2 2025 Financial Results
VANCOUVER, BC – Rubicon Organics Inc., a leading Canadian producer of premium organic Cannabis, announced financial results for the second quarter ending June 30, 2025. The company reported net revenue of $15 million, a 24% ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Lively discussions were fueled last week by policy developments, financial reports, and strategic expansions in the Cannabis and Psychedelics industries. From federal rescheduling debates to global market moves, the Highly Capitalized Network ...
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Rubicon Organics Reports Q2 2025 Financial Results
VANCOUVER, BC – Rubicon Organics Inc., a leading Canadian producer of premium organic Cannabis, announced financial results for the second quarter ending June 30, 2025. The company reported net revenue of $15 million, a 24% ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Lively discussions were fueled last week by policy developments, financial reports, and strategic expansions in the Cannabis and Psychedelics industries. From federal rescheduling debates to global market moves, the Highly Capitalized Network ...
Colorado’s Cannabis Cultivation Landscape Evolves with New Genetic Sourcing Laws
LOS ANGELES- In a significant development for Colorado's cannabis industry, Senate Bill 23-271, effective since January, has introduced new regulations allowing cultivators to source genetics from a broader array of entities. This legislative shift aims ...
Optimi Health Corp. Expands Its Global Reach with MDMA Supply Agreement to Israeli Research Institute
LOS ANGELES – In a landmark move for psychedelic medicine, Optimi Health Corp., a preeminent manufacturer of psychedelics licensed by Health Canada, has announced a groundbreaking international supply agreement with The Institute for Psychedelic Research ...
Knowledge is Power: Unlock the Secrets to Success in the Ever-Evolving Cannabis Industry: Introducing CannabizTeam’s Comprehensive Salary Guide!
NEW YORK — CannabizTeam Worldwide, the premier executive search and staffing firm specializing in cannabis & wellness markets, proudly presents the eagerly-awaited 2024 Cannabis Industry Salary Guide. As the sixth installment of our national report, ...
Cannabis Industry Moguls Gather for Benzinga Cannabis Capital Conference
More than 100 CEOs and 200 Investors Confirmed for Cannabis Investment & Branding Conference on April 16th at The Diplomat Beach Resort in Hollywood, FL. Boris Jordan, executive chairman of Curaleaf, to Deliver Keynote Speech. HOLLYWOOD, Fla.,-- The Benzinga Cannabis ...
Mexico’s President Asserts Sovereignty in Drug Cartel Policy
LOS ANGELES- In a firm rebuff to external pressures, Mexican President Andrés Manuel López Obrador declared last week that Mexico will not engage in combative actions against drug cartels at the behest of the United ...
Amazon’s Hemp Product Dilemma: Undeclared CBD, Mislabeling, and Policy Contradictions
LOS ANGELES- A recent study conducted by CBD Oracle has shed light on the problematic state of hemp product listings on Amazon, unveiling a landscape of mislabeled items, undeclared cannabinoids, and outright policy violations. Despite ...
New York Takes Bold Steps to Support Cannabis Cultivators
LOS ANGELES- In a significant move to bolster the burgeoning adult-use cannabis industry, the New York State Cannabis Control Board (CCB) has announced a series of initiatives aimed at aiding struggling farmers and expediting the ...
Bulls Take Charge: The Green Rush Revival in the Cannabis Market
NEW YORK- As the cannabis market flourishes, several companies have made significant strides, contributing to the sector's overall bullish sentiment, beyond the widely recognized giants. Focusing on a fresh set of companies, let's explore some ...
U.S. Legal Cannabis Market Forecasted to Surpass $31 Billion in Sales in 2024
LOS ANGELES- In a notable advancement for the cannabis industry, legal sales in the United States are forecasted to exceed $31 billion this year, according to an economic forecast from Whitney Economics, a consultancy specializing ...
PharmAla Biotech and Cortexa Supply GMP Psilocybin for Therapeutic Use in Australia
LOS ANGELES- PharmAla Biotech Holdings Inc., in collaboration with Cortexa Pty. Ltd., has achieved supplying Good Manufacturing Practice (GMP) Psilocybin for therapeutic use to a patient under the Australian authorized prescriber scheme, marking what the ...
Utah to Launch Psilocybin and MDMA Pilot Program for Behavioral Health Treatment
NEW YORK-Utah is set to introduce a pioneering pilot program that will allow select hospitals to administer psilocybin and MDMA to patients for behavioral health treatment starting in May, after Governor Spencer Cox opted to ...
Massachusetts Considers Legalizing Therapeutic Psychedelics
LOS ANGELES- Last week, the Massachusetts legislature's Special Joint Committee on Initiative Petitions convened a hearing to deliberate on a proposed initiative aiming to legalize the therapeutic use of natural psychedelics. The measure, which seeks ...
Week In Review: First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland; Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes: Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Massachusetts Approves Historic Maritime Cannabis Transport; NCAA Removes Cannabis from Banned Substance List; Brazil Decriminalizes Cannabis; Maryland Launches Cannabis Workforce Development Program
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
