M4MM
Thailand Reverses Course on Recreational Cannabis
LOS ANGELES- Thailand's Public Health Ministry, under Minister Somsak Thepsuthin, has issued a directive banning recreational cannabis sales and reclassifying cannabis buds as a controlled herb in a major policy reversal after three years of ...
Verano Debuts Bodega‑Style Dispensary in Arizona
LOS ANGELES- Verano Holdings Corp. a multi‑state cannabis operator, has introduced a “bodega‑style” shopping format at its Zen Leaf Cave Creek dispensary in Phoenix. This innovative layout allows adult‑use consumers to browse and select products directly ...
Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES- Aurora Cannabis Inc. has officially dismissed two recent articles published on Investing.com that falsely claimed the company entered into a $215 million acquisition of New Zealand’s MedLeaf Therapeutics and a strategic partnership with Germany-based ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Cybin Secures Additional U.S. Patent for CYB003
LOS ANGELES- Cybin Inc. a biopharmaceutical company, announced the granting of U.S. patent 12,291,499 by the United States Patent and Trademark Office. This patent pertains to pharmaceutical compositions and oral dosage forms within the company's ...
Green Thumb Industries Reports Q1 2025 Financial Results
Green Thumb Industries Inc. a U.S.-based cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue for Q1 2025 was ...
Pennsylvania House Approves State-Run Recreational Cannabis Bill
LOS ANGELES- The Pennsylvania House of Representatives has passed a bill to legalize recreational cannabis, proposing a state-controlled sales model. The legislation, approved by a narrow 102-101 vote along party lines, marks the first time ...
Thailand Reverses Course on Recreational Cannabis
LOS ANGELES- Thailand's Public Health Ministry, under Minister Somsak Thepsuthin, has issued a directive banning recreational cannabis sales and reclassifying cannabis buds as a controlled herb in a major policy reversal after three years of ...
Verano Debuts Bodega‑Style Dispensary in Arizona
LOS ANGELES- Verano Holdings Corp. a multi‑state cannabis operator, has introduced a “bodega‑style” shopping format at its Zen Leaf Cave Creek dispensary in Phoenix. This innovative layout allows adult‑use consumers to browse and select products directly ...
Aurora Cannabis Refutes AI-Generated Deal Reports on Investing.com
LOS ANGELES- Aurora Cannabis Inc. has officially dismissed two recent articles published on Investing.com that falsely claimed the company entered into a $215 million acquisition of New Zealand’s MedLeaf Therapeutics and a strategic partnership with Germany-based ...
Review: Beard Bros Friday Sesh Live Event: Los Angeles
LOS ANGELES-The Beard Bros Pharms Friday Sesh Live event held in the scenic confines of an undisclosed venue by the sea in Malibu was an immersive dive into the heart of California's cannabis industry. Despite ...
Psyence Biomedical Merges with Newcourt, Listing and Raising US$10 Million for Clinical Trials
LOS ANGELES- Psyence Biomedical Ltd. a subsidiary of Psyence Group Inc, has successfully completed a merger with Newcourt Acquisition Corp (“Newcourt”), a special purpose acquisition company. This business combination, which received approval from Newcourt’s stockholders ...
Federal Investigation Uncovers Lax Pharmaceutical Practices in Trump’s White House Medical Unit
LOS ANGELES- A recent federal investigation has unearthed troubling findings regarding the White House Medical Unit's handling of prescription drugs during the Trump administration. The Department of Defense's 80-page report, released on January 8, reveals ...
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 standing. The agreement, confirmed on January 18, 2024, involves ...
M&A in Cannabis: A Guide for Buyers and Sellers
Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021, and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers ...
DankCan Dispensary: A Comprehensive Cannabis Retailer Turnaround in Michigan
Introduction: The Challenge The market began to mature, after the first few years of operations, and they were unprepared for what was to come. Market prices for retail cannabis dropped due to competition as many ...
A 39-Item Tax and Accounting Year-End Checklist for Your Small Business
Keeping your accounting records up to date all year long is essential for any business so you can see exactly where your business stands and be able to make thoughtful decisions based on clean numbers. ...
Transfer Pricing Is an Often-Overlooked Necessity in Cannabis
Cannabis industry participants face a tough battle under a litany of regulations that may not change much in the near future. Transfer pricing rules must be considered and acted on properly to avoid even more ...
Broad Support in Canada for Psilocybin Use in Palliative Care, New Study Reveals
LOS ANGELES — A recent Canadian study, published in the medical journal Palliative Medicine, has revealed significant public support for the use of psilocybin, a psychedelic compound, in treating existential dread among end-of-life patients. Conducted by ...
Maine Considers Legalizing Cannabis Social Clubs Amid Public Health Concerns
LOS ANGELES- Maine legislators are currently deliberating on a significant bill that could pave the way for the establishment of cannabis social clubs and authorize on-site consumption at dispensaries. This initiative, highlighted in a recent ...
PharmAla Launches “MDXXF” Ticker Amid MDMA Research
LOS ANGELES- PharmAla Biotech Holdings Inc., a biotechnology company specializing in the research, development, and manufacturing of novel MDMA derivatives (MDXX class molecules), has announced the introduction of its new OTC ticker symbol, "MDXXF." This ...
FinCEN’s Corporate Transparency Act Has Arrived
NEW YORK- Enacted by Congress in 2021, the Corporate Transparency Act (CTA) went into effect on January 1, 2024 and affects more than 30 million American small businesses1 and many smaller foreign companies doing business ...
Organigram Advances in Cannabis Market with Strategic British American Tobacco Investment
LOS ANGELES- Organigram Holdings Inc., a significant player in the cannabis industry, has successfully closed the first tranche of a substantial investment from British American Tobacco's subsidiary, BT DE Investments Inc. This move marks a ...
Ohio Cannabis Market Faces Challenges Amid Optimism for Adult-Use Expansion
LOS ANGELES- Ohio's medical cannabis market, one of the nation's most strictly regulated, showed signs of plateauing in 2023, with an increase of just 1.2% in annual sales compared to the previous year. This marks ...
New Jersey Moves Forward with Cannabis Consumption Lounge Regulations
LOS ANGELES- The New Jersey Cannabis Regulatory Commission (CRC) is taking significant strides in the realm of cannabis consumption with the unanimous approval of regulations for consumption lounges, a pivotal development in the state's cannabis ...
