M4MM
Curaleaf Set to Join S&P/TSX Composite Index
STAMFORD – Curaleaf Holdings, Inc. announced it has been selected for inclusion to the S&P/TSX Composite Index later this month, marking it as the initial U.S.-headquartered company in the sector to achieve this status. The ...
Maryland Collects $18.4M in Cannabis Tax Revenue for April-June Quarter
ANNAPOLIS – The Maryland Comptroller's Office issued a quarterly report showing the state gathered more than $18.4 million in sales tax from adult-use Cannabis between April and June 2025, a period that saw the Central ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
Curaleaf Set to Join S&P/TSX Composite Index
STAMFORD – Curaleaf Holdings, Inc. announced it has been selected for inclusion to the S&P/TSX Composite Index later this month, marking it as the initial U.S.-headquartered company in the sector to achieve this status. The ...
Maryland Collects $18.4M in Cannabis Tax Revenue for April-June Quarter
ANNAPOLIS – The Maryland Comptroller's Office issued a quarterly report showing the state gathered more than $18.4 million in sales tax from adult-use Cannabis between April and June 2025, a period that saw the Central ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
Biden’s Policy Shift Sets a New Course for Cannabis Industry
Washington D.C. - President Joe Biden, a figure once notorious for his stringent anti-drug stance, has evolved into an unlikely catalyst for the most substantial overhaul of federal cannabis policy since the Controlled Substances Act ...
Verano Holdings Reports Modest Revenue Growth and Strong Cash Flow in Q3 2023
Verano Holdings Corp. a multi-state cannabis company, disclosed its financial achievements for the third quarter of 2023 on November 8, as per U.S. Generally Accepted Accounting Principles (U.S. GAAP). The company revealed a modest sequential ...
Ascend Wellness Holdings Sees Significant Growth in Q3 2023 Financials
LOS ANGELES- Ascend Wellness Holdings, Inc. an integrated cannabis operator, announced a streak of positive financial outcomes for the third quarter ending September 30, 2023, presenting what is now their sixth consecutive record-breaking revenue quarter. ...
Ohio Becomes 24th State to Legalize Adult-Use Cannabis
COLUMBUS, Ohio— In a defining moment for Ohio, residents went to the polls on Tuesday to cast their votes on Issue 2, a statewide ballot measure that has ushered in a new era of recreational ...
Cybin’s Clinical Trial Indicates Promising Results for Psychedelic Mental Health Treatment
A Canadian biopharmaceutical firm, Cybin, has shared promising results from a clinical trial suggesting the potential of psychedelic compounds in treating mental health issues. The company's focus on developing advanced psychedelic therapeutics has yielded a ...
U.S. States Navigate Psychedelics Reforms Amidst Legalization Efforts
As the United States continues to explore the boundaries of drug policy reform, numerous state legislatures and advocacy groups are engaging in a concerted effort to redefine the legal status of psychedelics. From decriminalization and ...
Colorado Cannabis Business Park Entangled in Legal Battle Over Unpaid Electricity Bills
NEW YORK — A legal tussle over a six-figure electricity bill has emerged between the owners of Area 420, a Colorado cannabis business park, and one of its tenants, as reported by NBC. The dispute, ...
Florida Medical Cannabis Company Challenges State Over Licensing Fee Spike
NEW YORK — Sanctuary Cannabis, a player in Florida's medical cannabis industry, has initiated legal proceedings against the state, challenging a dramatic rise in biennial licensing fees. Under Governor Ron DeSantis' administration, the fees escalated ...
Ohio’s Cannabis Industry Eyes Adult-Use Legalization with Hope and Vigilance
LOS ANGELES- Ohio’s medical cannabis industry is looking toward the upcoming ballot with a mix of hope and caution as Issue 2, which would legalize adult-use cannabis, approaches a statewide vote. Operators in the sector ...
Ohio Decides On Adult-Use Legalization of Cannabis
CLEVELAND, Ohio – In Ohio, a momentous decision looms large on the horizon, transcending the scope of mere recreational cannabis decriminalization. The state's citizens are poised to exercise their voting rights on November 7, deliberating ...
Organigram Stock Rallies On $124.6 Million Investment from British American Tobacco Subsidiary
TORONTO- In a significant financial development, Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has secured a substantial investment of $124.6 million from BT DE Investments Inc., a subsidiary of British American Tobacco (NYSE: BTI). This ...
Alabama Medical Cannabis Commission Sets December Goal for Licensing Amid Legal Challenges
Alabama — After navigating through a series of legal hurdles and procedural delays, the Alabama Medical Cannabis Commission (AMCC) is now targeting December to finalize industry licenses, a move that its chairman describes as part ...
Kansas City Cannabis Workers Vote to Unionize, Joining Teamsters Local 955
LOS ANGELES— Employees at Home State Dispensary in Kansas City have made a landmark decision to unionize, becoming the first group of cannabis workers in the metro area to do so. The budtenders and inventory ...
MindMed Projects Operational Continuity into 2026 Amid Advancements in LSD-Based Anxiety Treatment
NEW YORK — Mind Medicine Inc. (MindMed), a biopharmaceutical company leading the charge in psychedelic drug development, has assured stakeholders of its financial viability well into 2026. This assurance comes even as the company, which currently ...
Optimi Health Secures CAD$1 Million in Non-Dilutive Debt Financing
TORONTO— Optimi Health Corp., a Canadian pioneer in psychedelic substance research and production, has successfully secured a non-dilutive Debt Financing Agreement (DFA) for a sum of CAD$1,000,000. This loan, provided by an arm's length party, ...
