M4MM
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
Ibogaine Gains Spotlight as Former House Speaker Calls for Wider Access
WASHINGTON, D.C. – Newt Gingrich, a Former House Speaker, has drawn attention to ibogaine, a psychedelic compound derived from the African iboga shrub, calling it a potential game-changer for treating addiction, post-traumatic stress disorder (PTSD), ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and ...
HYTN Secures Health Canada Drug Licence to Propel Cannabinoid Prescription Drug Pathway
LOS ANGELES- Vancouver-based HYTN Innovations Inc. (CSE: HYTN; OTC Pink: HYTNF) announced on July 14, 2025, that it has been granted a Cannabis Drug Licence (CDL) by Health Canada, effective July 2. This licence enhances HYTN’s existing Drug Establishment Licence ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
Ibogaine Gains Spotlight as Former House Speaker Calls for Wider Access
WASHINGTON, D.C. – Newt Gingrich, a Former House Speaker, has drawn attention to ibogaine, a psychedelic compound derived from the African iboga shrub, calling it a potential game-changer for treating addiction, post-traumatic stress disorder (PTSD), ...
Aurora Cannabis Welcomes New CFO Simona King
LOS ANGELES- Aurora Cannabis Inc., a Canadia global medical cannabis industry, has announced the appointment of Simona King as its new Chief Financial Officer (CFO), effective February 21, 2024. King, a seasoned finance executive with ...
Maryland Supreme Court Sidesteps Hemp THC Case
The Maryland Supreme Court has decided against reviewing a case that challenges a provision of the state's adult-use cannabis legislation, effectively allowing the continued sale of hemp-derived THC products by unlicensed retailers across the state. ...
Germany Takes a Historic Step by Legalizing Cannabis for Adult Use
BERLIN- In a landmark decision last week, Germany's Bundestag moved to legalize the consumption and cultivation of cannabis for adults, marking a significant shift in the nation's drug policy. The measure, which was passed with ...
REVIEW: Green Dreams and Growing Pains: Benzinga’s L.A. Event Sheds Light on the Future of California’s Cannabis Industry
LOS ANGELES- At the Benzinga Market Spotlight event in the Bioscience LA venue, discussions unfolded that highlighted the diverse strategies and viewpoints within California's cannabis industry. One of the key speakers at Benzinga LA was ...
Las Vegas Welcomes Its First Licensed Cannabis Consumption Lounge
LOS ANGELES- Las Vegas, a city famed for its vibrant nightlife and sprawling casinos, has reached a new milestone in its diverse entertainment offerings with the opening of "Smoke and Mirrors," its first licensed cannabis ...
Business Expenses – What is NOT Deductible?
By Rachel Wright, Simon Menkes, & Abraham Finberg- CPAs licensed in California of AB FinWright LLP & 420CPA, and Andrew Gradman, Esq of Andrew Gradman Tax While it seems like a straightforward question, there can ...
Avesta Ketamine and Wellness Partners with Veterans Affairs to Offer Free Ketamine Therapy to Veterans
LOS ANGELES— Avesta Ketamine and Wellness, a leading provider of innovative mental health treatments, has announced a groundbreaking partnership with the Department of Veterans Affairs (VA) to offer free ketamine therapy for eligible veterans. This ...
Idaho Proposes Harsher Penalties for Cannabis Possession Amid Regional Shifts Toward Legalization
LOS ANGELES- As neighboring states progressively embrace cannabis reform, Idaho is taking a contrary path with a legislative proposal aimed at intensifying penalties for cannabis possession. The proposed bill, which introduces a mandatory minimum fine ...
Mississippi to Revoke License of Medical Cannabis Testing Lab After Rule Violations
LOS ANGELES — In a significant move that highlights the stringent regulatory landscape of the medical cannabis industry, the Mississippi State Department of Health (MSDH) has announced plans to revoke the operating license of Rapid ...
Veterans and Law Enforcement Leaders Call on Biden to Reschedule Cannabis
NEW YORK- In a significant push for cannabis reform, leading veterans organizations and U.S. law enforcement officials have rallied together, urging the Biden Administration to consider the rescheduling of cannabis under the federal Controlled Substances ...
Oklahoma Introduces Bill to Ban Foreign Land Ownership
LOS ANGELES- In an effort to combat illegal cannabis cultivation, Oklahoma legislators have proposed a bill aimed at prohibiting foreign land ownership within the state. House Bill 3125, introduced to the Oklahoma House of Representatives ...
Maryland’s Cannabis Licensing Rush: A Beacon of Social Equity and Industry Diversity
LOS ANGELES- In a significant move for the cannabis industry, Maryland has initiated a pioneering step with the approval of nearly 1,500 applicants, all vying for a mere 179 cannabis licenses. This development marks a ...
Arkansas AG Greenlights Medical Cannabis Ballot Initiative with Path to Adult-Use Legalization
NEW YORK- In a significant development for cannabis reform, Arkansas Attorney General Tim Griffin approved a revised ballot initiative aimed at enhancing medical cannabis access in the state. This initiative, now set for a potential ...
Numinus Wellness Secures $6 Million in Public Offering to Fuel Psychedelic-Assisted Therapy Initiatives
LOS ANGELES- Numinus Wellness, a Vancouver-based healthcare company specializing in the innovative field of psychedelic-assisted therapies, has announced the successful completion of a significant financial milestone. Through a "bought deal" public offering, the company has ...
Ascend Wellness Boosts Massachusetts Presence with Second Cultivation License Acquisition
LOS ANGELES- Ascend Wellness Holdings, Inc., a player in the cannabis industry, has announced its acquisition of a second cultivation license and associated operations in Massachusetts, marking a significant expansion of its cultivation and production ...
