M4MM
Canadian Legal Cannabis Industry Contributes $16 Billion to GDP in 2024, Report Reveals
TORONTO – A new report from Organigram Global Inc., in collaboration with the Canadian Chamber of Commerce, details the substantial economic role of Canada's legal Cannabis industry last year. The sector added more than $16 ...
Cultivation Sector Outshines Modest Cannabis Capital Drop, Viridian Capital Advisors Reports
LOS ANGELES – Capital raising in the Cannabis industry has dipped slightly this year, with year-to-date (YTD) totals reaching $1.54 billion as of September 2025, a 2.4% drop from $1.58 billion in the same period ...
Delaware OMC Reports $7.4M in First Month of Recreational Cannabis Sales
DOVER – Retailers in Delaware sold about $7.4 million worth of Cannabis products in the first month after recreational sales began on August 1, according to a report from the state's Office of the Marijuana ...
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 ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
MariMed Expands Access to Betty’s Eddies Chews to Medical Market in Maine
LOS ANGELES- MariMed Inc. has entered into a licensing agreement with The Stoned Moose, LLC, to distribute its full-spectrum Betty’s Eddies fruit chews in both adult-use and medical cannabis channels across Maine. Previously restricted to ...
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
Canadian Legal Cannabis Industry Contributes $16 Billion to GDP in 2024, Report Reveals
TORONTO – A new report from Organigram Global Inc., in collaboration with the Canadian Chamber of Commerce, details the substantial economic role of Canada's legal Cannabis industry last year. The sector added more than $16 ...
Cultivation Sector Outshines Modest Cannabis Capital Drop, Viridian Capital Advisors Reports
LOS ANGELES – Capital raising in the Cannabis industry has dipped slightly this year, with year-to-date (YTD) totals reaching $1.54 billion as of September 2025, a 2.4% drop from $1.58 billion in the same period ...
Delaware OMC Reports $7.4M in First Month of Recreational Cannabis Sales
DOVER – Retailers in Delaware sold about $7.4 million worth of Cannabis products in the first month after recreational sales began on August 1, according to a report from the state's Office of the Marijuana ...
Canopy Growth Secures US$30 Million in Private Placement to Bolster Liquidity and Reduce Debt
NEW YORK – In a significant move to strengthen its financial position, Canopy Growth Corporation, a leading North American cannabis and consumer packaged goods company, has announced a major private placement offering. On January 9, ...
Tilray Brands Q2 Report Amid Cannabis and Beverage Expansion
LOS ANGELES- Tilray Brands, Inc., Cannabis and consumer packaged goods industries, has announced its financial results for the second quarter of fiscal year 2024, ended November 30, 2023. The company has reported a record net ...
Germany’s Path to Cannabis Legalization: A Potential Boon for Global Markets and U.S. Investors
BERLIN — Germany's recent announcement to legalize recreational cannabis use for adults has set the stage for what is expected to be a multi-billion dollar market, sparking significant interest from investors, companies, and countries worldwide, ...
MAPS Public Benefit Corporation Secures Over $100 Million for Groundbreaking PTSD Therapy
LOS ANGELES- MAPS Public Benefit Corporation a key player in mental healthcare innovation, has announced an oversubscribed Series A financing round, raising over $100 million. This significant funding milestone, which includes conversion of previously issued ...
Wisconsin Navigates the Complex Path Toward Cannabis Legalization Amid Political Divide
LOS ANGELES- Wisconsin’s journey toward cannabis legalization is unfolding against a backdrop of political complexities, with Governor Tony Evers, a Democrat, indicating openness to a Republican-led medical cannabis legalization plan. This stance emerges as broader ...
Record Destruction of Cannabis in Canada Points to Market Adjustments and Consumer Trends
NEW YORK- In a striking development, Canadian cannabis operators have destroyed a record amount of legal cannabis in 2022 and the first half of 2023, as per data from Health Canada. This action highlights the ...
4Front Ventures Corp. Initiates Comprehensive Financial and Leadership Revamp
LOS ANGELES- In a pivotal development, 4Front Ventures Corp., a multi-state cannabis operator, has embarked on a transformative journey, reshaping its financial landscape and ushering in a new era of leadership. This strategic shift is ...
Incannex Healthcare Concludes Phase 2 Trial of Psilocybin Therapy for Anxiety Disorder, Awaiting FDA IND Application
LOS ANGELES- Incannex Healthcare Inc., a pharmaceutical company in the development of medicinal cannabinoid and psychedelic medicine therapies, has recently completed a significant milestone in its PsiGAD-1 clinical trial. This Phase 2 study, focused on ...
Week In Review: MedMen Exits California; Florida Cracks Down on Hemp; Maryland Supreme Court Sidesteps Hemp THC Case; U.K.’s Medical Cannabis Use Rises Amid ADHD Medication Shortage
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below. Capital Markets: Positive Quarterly Earnings from Leading Cannabis Companies Amidst ...
Week In Review: Earnings Season; Verano Holdings Financial Highs & Lows in 2023; Trulieve Claims $113M Tax Refund; New Mexico Advances Psilocybin Research with Memorial Legislation
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below. Capital Markets: Positive Quarterly Earnings from Leading Cannabis Companies Amidst ...
Week In Review: Germany Legalizes Cannabis in Limited Way; Numinus Wellness Secures $6 Million in Public Offering to Fuel Psychedelic-Assisted Therapy Initiatives: New York Cannabis Control Board Advances with Adult-Use Licenses and Research Initiatives: Illinois Takes Bold Step Towards Psilocybin Therapy Legalization with the CURE Act
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Georgia Seeks $150 Million in Damages in Federal Lawsuit Against Cannabis Brands: U.S. Navy and Air Force Adapt Recruitment Policies to Reflect Societal Changes on Cannabis Use: Thailand’s Cannabis Industry Faces Major Shift with New Draft Law
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Massachusetts Cannabis Sales Hit Record $1.56 Billion in 2023; Pennsylvania Governor Advocates for Legalization; Cybin Inc. Awarded Patents in Japan
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Canopy Growth Secures US$35 Million in Private Placement; Germany Poised for Historic Cannabis Legalization; Psyence Biomedical Merges with Newcourt, California Retailer Prevails Over CDTFA
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Ohio Cannabis Market Faces Challenges; New Jersey Moves Forward with Cannabis Consumption Lounges; NFL & University of Regina Partner in Groundbreaking CBD Study
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
