M4MM
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 ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
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 ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
Oregon Cannabis Associations Merge Amidst Industry Challenges
LOS ANGELES- In a significant development within Oregon's cannabis sector, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon have decided to merge. The boards of both organizations approved this union last week, ...
Beckley Psytech Begins Landmark Phase IIb Study on Novel Intranasal 5-MeO-DMT Formulation for Treatment Resistant Depression
LOS ANGELES- In a significant development for the field of neuropsychiatric treatment, Beckley Psytech Ltd, a leading clinical-stage biotechnology firm, announced today the initiation of its international Phase IIb study on BPL-003. This novel synthetic ...
New Mexico Tax Department Pursues Over 100 Cannabis Firms for Delinquent Taxes
LOS ANGELES- The New Mexico Department of Taxation and Revenue announced an enforcement drive on Wednesday, highlighting that over 100 cannabis license holders in the state have failed to meet their tax obligations. According to ...
Exploring Rick Simpson Oil: A Practical Perspective
LOS ANGELES-Many years ago, a family sought my assistance concerning a sibling diagnosed with prostate cancer. This brother staunchly rejected conventional treatments like chemotherapy, radiation, surgery, and injections. He believed, with unwavering determination, that a ...
The Rise and Debate of Delta-8 THC: Understanding the Controversy
LOS ANGELES- Delta-8-Tetrahydrocannabinol (delta-8 or ∆8-THC) is making headlines as its popularity soars, primarily due to federal regulations that ambiguously classify it. Resembling the more commonly known Delta-9-Tetrahydrocannabinol in structure and effect, this lesser-known cannabinoid ...
Aurora Cannabis Settles Patent Litigation with Willow Biosciences
TORONTO — Aurora Cannabis, the Alberta-based licensed producer, has finalized a confidential settlement with Willow Biosciences over a previously ongoing patent litigation that began in July 2021. The specific terms and conditions of the settlement ...
Cybin Inc. and Small Pharma Join Forces in a Milestone Psychedelic Therapeutics Acquisition
LOS ANGELES- In a notable merger move in the psychedelic therapeutics landscape, Small Pharma Inc. has received the green light from the Supreme Court of British Columbia for its acquisition by Cybin Inc. This all-stock ...
4Front Ventures Secures Credit Agreement, Issues RSUs
PHOENIX — 4Front Ventures Corp., a prominent multi-state cannabis operator and retailer, declared on [Date] the issuance of restricted stock units (RSUs) linked to its newly established $10-million senior secured credit facility agreement. The Phoenix-based ...
Major Corporations Lobby for Cannabis Banking Reforms
NEW YORK — An analysis of recent Congressional lobbying disclosures has unveiled that prominent corporations like Bank of America, Mastercard, and GlaxoSmithKline, among others, are now lobbying for cannabis banking reform. The spotlight has been ...
Ayr Wellness Dispensary in Las Vegas Joins Growing Trend of Cannabis Unionization
LAS VEGAS — Workers at a Las Vegas cannabis store, known as The Dispensary and operating under the Ayr Wellness brand, have elected to unionize with the United Food and Commercial Workers Union (UFCW) Local ...
FSD Pharma and Celly Nutrition Corp. Schedule Virtual Securityholders Meeting
TORONTO — FSD Pharma, a noted biopharmaceutical company, and its partner Celly Nutrition Corp. have jointly announced a virtual meeting for FSD Pharma's securityholders. Slated for November 20, 2023, at 1:00 p.m. Toronto time, this ...
House VA Subcommittee Postpones Historic Psychedelic-Assisted Therapy Hearing
LOS ANGELES- A groundbreaking hearing of the House VA’s subcommittee on Health, set to discuss the potential of psychedelic-assisted therapies in combating mental health disorders, has been postponed. The delay was attributed to the ongoing ...
Higher Collective Elevates Connecticut’s Cannabis Landscape with Equity Ventures
LOS ANGELES- Connecticut's budding cannabis sector witnessed a significant milestone earlier this month as Higher Collective, a venture committed to fostering inclusivity and equity in the industry, unveiled its debut dispensary in Killingly on October ...
PharmaDrug Announces Share Consolidation and Appoints New CFO
LOS ANGELES — PharmaDrug Inc, a pharmaceutical company, has made two significant announcements today. Firstly, it has detailed its upcoming share consolidation, and secondly, it has named a new Chief Financial Officer. Beginning October 24, ...
InterCure Responds to Israeli Security Crisis: Operations Impact and Company Commitment Highlighted
TEL AVIV — InterCure Ltd., operating as Canndoc, a medical cannabis firm in Israel and globally outside North America, today addressed the recent security situation in Israel and its repercussions on the company's operations ...
