M4MM
Trulieve Approved to Uplist to NYSE in Historic Milestone for U.S. Cannabis Industry
TALLAHASSEE, Fla. — June 5, 2026 — In a landmark moment for the U.S. Cannabis industry, Trulieve Cannabis Corp. announced today that it has received approval to list its subordinate voting shares on the New ...
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical trial showed that psilocybin significantly reduced cocaine use when combined with structured psychotherapy. The findings, published in JAMA Network Open by researchers at the University ...
Lawmakers Press IRS for Clear Tax Rules on State-Legal Cannabis Operations
WASHINGTON – Rep. Steven Horsford (D) and Rep. Steve Cohen (D) led a letter to Treasury Secretary Scott Bessent and IRS Chief Executive Officer Frank Bisignano, urging the administration to provide clear, timely guidance for ...
California Cannabis Delivered Steady Tax Dollars in Q1 2026
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) reported that legal Cannabis retailers generated close to $248 million in combined tax revenue during the first three months of 2026. As of May ...
Vireo Growth Completes Purchase of Leased NY Cannabis Facility
MINNEAPOLIS – Vireo Growth Inc. has completed the acquisition of its Johnstown, New York Cannabis production facility from Innovative Industrial Properties, Inc., paying $88.5 million for the 389,000-square-foot cultivation and production site previously held under ...
Village Farms Brings Home Producer of the Year Award
LONDON-VANCOUVER – Village Farms International Inc. was named Producer of the Year at the 2026 Business of Cannabis Awards, held on May 26 in London's Shoreditch following the opening day of Cannabis Europa Conference at ...
GCNC-Whitney Economics Report Provides Updated Insights on EU & UK Cannabis Markets
LONDON – The Global Cannabis Network Collective (GCNC) and Whitney Economics released What You Need to Know: EU & UK Cannabis Market Update this week at the Cannabis Europa 2026 conference in London, presenting a ...
Trulieve Approved to Uplist to NYSE in Historic Milestone for U.S. Cannabis Industry
TALLAHASSEE, Fla. — June 5, 2026 — In a landmark moment for the U.S. Cannabis industry, Trulieve Cannabis Corp. announced today that it has received approval to list its subordinate voting shares on the New ...
Psilocybin Shows Promise in Treating Cocaine Addiction
BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical trial showed that psilocybin significantly reduced cocaine use when combined with structured psychotherapy. The findings, published in JAMA Network Open by researchers at the University ...
Lawmakers Press IRS for Clear Tax Rules on State-Legal Cannabis Operations
WASHINGTON – Rep. Steven Horsford (D) and Rep. Steve Cohen (D) led a letter to Treasury Secretary Scott Bessent and IRS Chief Executive Officer Frank Bisignano, urging the administration to provide clear, timely guidance for ...
Auxly Reports Q4 and FY 2025 Financial Results
TORONTO – In the Canadian Cannabis industry that continues to reward discipline and brand strength, Auxly Cannabis Group Inc., known for its focus on consumer-packaged goods and leading brands, has posted solid results for the ...
Gilgamesh Pharma Raises $60M to Fund Its Remaining Neuropsychiatric Assets
NEW YORK – Gilgamesh Pharma, the clinical-stage neuroscience company formed last year after AbbVie acquired its predecessor’s lead psychedelic-derived program, announced it had completed an oversubscribed $60 million Series A financing. The round was led ...
The ROI Investors Are Ignoring Within the Cannabis Industry
LOS ANGELES- Industrial hemp has more ROI potential than the medicinal and intoxicating side for a simple reason: industrial hemp is a raw material that can be swapped into enormous existing markets, while medicinal products ...
The 2nd Annual Cannalaugh Kicks Off March 28 in Chicago
CHICAGO- CannaLaugh, a live event series combining nationally touring stand-up comedians with cannabis education, will host its second annual event on March 28. The event, scheduled to take place at the Galleria Chicago at 9 ...
Glass House Brands Reports Q4 and FY 2025 Financial Results
LONG BEACH – In a sector still adjusting to ongoing wholesale pricing pressures in California, Glass House Brands Inc. has released its fourth-quarter and full-year 2025 earnings, showcasing the effects of deliberate operational decisions and ...
Legal Cannabis Sales Are on Track to Rebound in 2026, Whitney Economics Forecasts
NEW YORK – After a year that delivered the first outright decline in nationwide legal Cannabis revenue since the modern regulated market took shape more than a decade ago, the industry is receiving a measured ...
Rubicon Organics Reports Q4 and FY 2025 Financial Results
VANCOUVER – In a Canadian Cannabis market that continues to reward quality and consistency, Rubicon Organics Inc. has posted a solid set of full-year results that underscore its position as a leader in the premium ...
Cannabist Strikes Deals to Exit Ohio and Delaware
CHELMSFORD – The Cannabist Co. Holdings Inc. signed definitive agreements to sell its Cannabis businesses in Ohio and Delaware and has started voluntary proceedings under Canada’s Companies’ Creditors Arrangement Act (CCAA) to support those deals ...
WSWA Launches Educational Resource on Hemp Beverage Regulation
WASHINGTON – The Wine & Spirits Wholesalers of America (WSWA), the national trade association representing U.S. wine and spirits distributors, announced the rollout of a new online microsite outlining facts and policy options for overseeing ...
AbbVie Secures First Psychedelic PRIME Designation in Europe
BRUSSELS – The European Medicines Agency (EMA) has granted Priority Medicines (PRIME) eligibility to bretisilocin, an investigational compound from AbbVie Inc. aimed at treating major depressive disorder (MDD). The decision adopted at the Committee for ...
Vireo Growth Completes Schwazze Assets Acquisition
MINNEAPOLIS – In a move that instantly reshapes the competitive map in two key Cannabis states, Vireo Growth Inc. has completed its acquisition of major assets from Schwazze, gaining control of dozens of established dispensaries ...
Bipartisan Bill to Delay Hemp Ban Gains 36 Congressional Sponsors
WASHINGTON – Bipartisan legislation to postpone tightened federal rules on hemp products has now secured backing from 36 lawmakers across both chambers of Congress. The Hemp Planting Predictability Act would extend the effective date of ...
PharmaCann to Shut Down its Denver Cannabis Grow Facility
DENVER – Chicago-based PharmaCann Inc., one of the largest privately held and vertically integrated Cannabis companies in the United States, has notified Colorado officials that it will permanently [?] close its major cultivation site in ...
South Carolina Senate Approves Bill to Keep Hemp THC Drinks and Gummies Legal
COLUMBIA – The South Carolina Senate voted 35-4 to advance a bill that would maintain legal access to hemp-derived THC beverages and gummies for adults while setting strict caps on potency and sales channels. The ...
Massachusetts Lawmakers Push Forward Psychedelic Therapy Programs
BOSTON – Massachusetts lawmakers have advanced legislation that would set up pilot programs for regulated psychedelic therapy, with one measure clearing a key committee in September 2025 and related proposals still under review. The Senate ...
