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 ...
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 ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
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 ...
Tilt Holdings Inc. Reports Revenue Growth in Q3 Amidst Strategic Refinements
LOS ANGELES- Tilt Holdings Inc. a diversified cannabis industry player, has reported a significant increase in revenue for the third quarter ending September 30, as the company continues to navigate its path to financial stability. ...
Navigating Co-Investments in the Cannabis Industry: A Strategic Guide for Family Offices
NEW YORK-Family offices operating in the cannabis industry often view co-investing as a pivotal component of their investment strategy. When executed thoughtfully, these collaborations not only spread the risk associated with cannabis investments but also ...
Could Florida Be Next To Legalize Recreational Cannabis?
MIAMI--In a pivotal legal confrontation within Florida's capital, advocates and critics of recreational cannabis found themselves before the Florida Supreme Court in Tallahassee on Wednesday. Tasked with evaluating a proposal to include the legalization of ...
Virginia Cannabis Control Authority Highlights Risks and Proposes Regulations for Consumable Hemp Products
LOS ANGELES- The Virginia Cannabis Control Authority (CCA) recently published a comprehensive report mandated by the General Assembly on the state of consumable hemp products. The report highlights the surging popularity of these products, attributing ...
Alaska Lawsuit Challenges New DNR Regulation on Intoxicating Hemp Products as Unconstitutional
LOS ANGELES- A significant legal challenge has emerged in Alaska against a new regulation by the Department of Natural Resources (DNR) that restricts intoxicating hemp products. This lawsuit, filed by hemp growers and manufacturers, claims ...
National Psychedelics Reform Movement Gains Momentum Across the U.S.
LOS ANGELES- The movement for psychedelics reform in the United States is gaining significant traction, with numerous states considering decriminalization, legalization, or rescheduling proposals, as well as other measures to facilitate access to new therapies. ...
Optimi Health Corp. Successfully Resolves Supply Agreement Dispute
LOS ANGELES- Optimi Health Corp. a key player in the psychedelics sector, recently announced the amicable resolution of a dispute regarding the termination of a supply agreement with a private entity, initially signed on May ...
Curaleaf Announces Third Quarter 2023
LOS ANGELES- Curaleaf Holdings, Inc., a international cannabis consumer products company, has released its financial and operational results for the third quarter ending September 30, 2023. The company reported a modest revenue increase of 2% ...
Navigating the Cannabis Landscape: A Comprehensive Guide to Due Diligence for Investors
NEW YORK- The cannabis industry's unprecedented growth trajectory has positioned it as a lucrative investment landscape. However, the nascent nature of the sector, coupled with regulatory intricacies and market uncertainties, underscores the critical importance of ...
Ascend Wellness Holdings Reports Solid Financial Performance in Q3 2023″
LOS ANGELES-- Ascend Wellness Holdings (AWH), a leading cannabis multi-state operator with a presence in twenty states, has announced its financial results for the third quarter ending June 2023. The company has successfully met market ...
Vermont Halts New Large-Scale Cannabis Grower Licenses to Support Smaller Farms Amid Tough Agricultural Year
LOS ANGELES- In a strategic move to bolster smaller local cultivators, Vermont has announced a temporary suspension of issuing new licenses for large-scale cannabis growers. This decision was disclosed on Tuesday by state officials, marking ...
California DCC Declares National Agricultural Workers Union Not a Legitimate Labor Organization
LOS ANGELES- The California Department of Cannabis Control (DCC) has made a definitive clarification this week, stating that the National Agricultural Workers Union (NAWU) does not qualify as a bona fide labor organization. This announcement ...
TerrAscend Announces Record Results in Q3 2023
LOS ANGELES- TerrAscend Corp. a player in the cannabis industry, has reported its financial outcomes for the third quarter ending September 30, 2023, showcasing substantial growth and profitability. Executive Chairman Jason Wild expressed satisfaction with ...
Planet 13 Endures Market Shifts with Strategic Expansion Amidst Revenue Decline
LOS ANGELES— Planet 13 Holdings Inc., a vertically-integrated, multi-state cannabis operator, announced its financial results for the third quarter ending September 30, 2023. According to the U.S. Generally Accepted Accounting Principles (GAAP), Planet 13's revenues ...
Green Thumb Increased Revenue and Expanding Operations in Q3
NEW YORK — Green Thumb Industries Inc. a force in the cannabis consumer packaged goods industry and the owner of RISE Dispensaries, today unveiled its financial achievements for the third quarter of 2023, concluding on September ...
