M4MM
Glass House Brands Achieves GACP Certification for California Farms
LONG BEACH – Glass House Brands Inc. has secured third-party certification under the PJRFSI Cannabis Safety Standard for Good Agricultural and Collection Practice (GACP) across its primary Southern California cultivation infrastructure. The certification confirms the ...
Compass Builds a Commercial Case for COMP360
NEW YORK – Compass Pathways is advancing COMP360, its proprietary synthetic psilocybin for treatment-resistant depression (TRD), through a rolling FDA New Drug Application, with a commercial launch targeted for H1 2027. Alongside the regulatory push, ...
Illinois Legal Cannabis Sales Hit New Highs While Tax Revenues Drop
SPRINGFIELD – When Illinois released its annual Cannabis report this month, the numbers looked troubling on the surface. Total reported retail sales dropped to about $1.5 billion in fiscal year 2026, down from nearly $2 ...
Cannara and Curaleaf Strengthen Ties Across Global Cannabis Supply Chain
MONTREAL – Cannara Biotech Inc. has broadened its long-term supply agreement with Curaleaf International Limited, raising the contract's potential aggregate value to roughly CA$34 million across its two-year term. The original deal, first disclosed in ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Something shifted last fortnight, and the numbers show it. A cross-border acquisition fight is escalating in public and raising its own price, with hundreds of millions of dollars and an entire European ...
Should You Stay in the Cannabis Industry—or Should You Leave?
SAN DIEGO -My friend Annie Starr, a Harvard MBA, and a marketer I admire, recently left the Cannabis industry, and I thought it was a shame to see someone of her talent go. But as ...
Curaleaf Raises Bid to Acquire Aurora Cannabis
STAMFORD – Curaleaf Holdings Inc. announced it will file a notice to increase its acquisition offer for Aurora Cannabis Inc. to US$5.00 per share. Under the enhanced terms, Aurora shareholders would receive 0.4013 Curaleaf shares ...
Glass House Brands Achieves GACP Certification for California Farms
LONG BEACH – Glass House Brands Inc. has secured third-party certification under the PJRFSI Cannabis Safety Standard for Good Agricultural and Collection Practice (GACP) across its primary Southern California cultivation infrastructure. The certification confirms the ...
Compass Builds a Commercial Case for COMP360
NEW YORK – Compass Pathways is advancing COMP360, its proprietary synthetic psilocybin for treatment-resistant depression (TRD), through a rolling FDA New Drug Application, with a commercial launch targeted for H1 2027. Alongside the regulatory push, ...
Illinois Legal Cannabis Sales Hit New Highs While Tax Revenues Drop
SPRINGFIELD – When Illinois released its annual Cannabis report this month, the numbers looked troubling on the surface. Total reported retail sales dropped to about $1.5 billion in fiscal year 2026, down from nearly $2 ...
Ascend Wellness Seeks Shareholder Approval for Reverse Stock Split Ahead of Potential Uplisting
NEW YORK – Ascend Wellness Holdings Inc., a vertically integrated multistate Cannabis operator, is preparing for a possible move to a major U.S. stock exchange. The company has filed documents outlining a shareholder vote on ...
The Real Operational Cost of Cash Discrepancies in High-Volume Dispensaries
LOS ANGELES – Cannabis dispensaries occupy a distinctive position in American retail. They are among the highest-grossing single-location stores in the country, processing thousands of transactions per day, yet the majority remain locked out of ...
Psychedelic Alpha Partners with Horizons to Present The Psychedelic Business Forum
NEW YORK – The Psychedelic Business Forum, Horizons: Perspectives on Psychedelics, returns to the New York Academy of Medicine on October 15, 2026, with Psychedelic Alpha formalized this year as a co-presenter alongside Horizons. Horizons ...
Trulieve Earns Spot on TIME’s America’s Best Companies 2026 List
TALLAHASSEE – Trulieve Cannabis Corp. received recognition from TIME magazine as one of America's Best Companies for 2026. The Florida-based medical Cannabis operator is one of only two Cannabis companies to appear on the list, ...
Nepal’s Gandaki Province Breaks Ground on Regulated Cannabis Cultivation
KATHMANDU – The Gandaki Province Assembly in Nepal has passed landmark legislation legalizing the cultivation of Cannabis for medicinal and industrial purposes. This makes the province a pioneer in the country, setting the stage for ...
Rhode Island Moves to Restart Cannabis Retail Licensing
PROVIDENCE – Rhode Island officials are taking steps to revive a stalled process for issuing new retail Cannabis licenses. A federal judge blocked the effort earlier this year over concerns about state residency rules. Lawmakers ...
Curaleaf Opens Free CPD Training Portal for UK Medical Cannabis Prescribers
LONDON – Medical Cannabis has been legally prescribable in the UK since 2018. The endocannabinoid system, the biological mechanism at the core of how cannabinoid therapies work, still gets barely a mention in most British ...
Germany Puts “GMP Washing” in Medical Cannabis on Notice
BERLIN – Germany's Hessian State Office for Health and Care (HLfGP) published a formal guidance document targeting the widespread practice of "GMP washing", i.e. importing Cannabis flowers from third-country cultivators under Good Agricultural and Collection ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered the most jam-packed period of meaningful news our sector has seen in 2026. Federal rescheduling hearings opened. Virginia finally locked in its retail framework. Definium posted the cleanest ...
Lazear Advises Medical Cannabis Company Organic Remedies on ESOP Transaction
COLUMBUS, Ohio, July 6, 2026 – Organic Remedies, one of Pennsylvania's leading medical cannabis companies, has completed its transition to 100% employee ownership through an Employee Stock Ownership Plan (ESOP), marking another milestone in the ...
Q2 2026: The Quarter That Counted For Psychedelics
LOS ANGELES – Q2 2026 gave the psychedelic medicine sector the quarter that practitioners, investors, and regulators had been building up for years. Clinical programs delivered Phase 3 results, the White House signed an executive ...
California’s Legal Cannabis Market Holds Steady at Midyear
LOS ANGELES – California's licensed retailers generated $323.1 million in Cannabis sales in June, pushing the state's first-half total to nearly $1.95 billion. The June figure landed almost exactly in line with the roughly $322 ...
High Tide Tightens Ownership Guardrails with New Two-Part Rights Plan
CALGARY – High Tide Inc. announced that its board of directors approved a Temporary Shareholder Rights Plan and an Amended and Restated Shareholder Rights Plan, both executed with Olympia Trust Company as Rights Agent, dated ...
Splash Beverage Group Takes Global License on CannEpil, Targeting Drug-Resistant Epilepsy
FORT LAUDERDALE – Splash Beverage Group Inc. announced it has secured an exclusive worldwide license to CannEpil®, a cannabinoid-based investigational treatment for drug-resistant epilepsy (DRE), through an agreement with Argent BioPharma Limited, the Australian-listed clinical-stage ...
Legal Cannabis Generates Billions, Reaches New Highs Across Key States
LOS ANGELES - When Colorado and Washington launched the first legal adult-use Cannabis markets in January 2014, the debate was primarily about public safety and social policy. Twelve years later, the fiscal argument has taken ...
