M4MM
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
MediPharm Labs Initiates EU and UK Production of Cannabis Metered Dose Inhalers
LOS ANGELES- MediPharm Labs Corp. has commenced production of its cannabis metered dose inhalers for the European Union and United Kingdom markets. This initiative is part of an exclusive sales and distribution agreement with Blackpoint ...
Pennsylvania Senator Introduces ‘Keystone Cannabis Act’ to Legalize Adult-Use Cannabis
LOS ANGELES- Pennsylvania State Senator Marty Flynn (D-22) has announced plans to introduce the "Keystone Cannabis Act," a legislative proposal aimed at legalizing adult-use cannabis in the Commonwealth. The announcement follows the recent rejection of ...
Rubicon Organics Finalizes Conditions for Hope Facility Acquisition
LOS ANGELES- Rubicon Organics Inc. has announced the fulfillment of all conditions precedent related to its agreement with MediPharm Labs Inc. for the acquisition of a 47,500-square-foot indoor cultivation facility located in Hope, British Columbia. ...
Argentina Overhauls Medical Cannabis Program with Stricter Regulations
LOS ANGELES- In 2025, Argentina implemented significant reforms to its medical cannabis program, REPROCANN, introducing stricter regulations for cultivators, non-governmental organizations (NGOs), and medical professionals. These changes aim to enhance oversight and ensure the program's ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Week In Review: Benzinga was Buzzing; Senate Banking Committee Advances Cannabis Banking; Detroit’s “Psychedelic Church” Raided by Police Amid Legal Controversies; Congress Considers Bill to Limit Federal Overreach in Psilocybin-Permitting States
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Curaleaf Employees in Phoenix Stage Strike Demanding Fair Contract Negotiations; Columbia Care Advances Financial Strategy with $25 Million Private Placement; California Moves to Broaden Cannabis Consumer Rights with New Bills: Senate Bill 58 Holds the Potential to Usher in a New Era of Psychedelic Medicine and Policy Reform:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: New York Opens Door for MSOs to Enter Adult-Use Market; Verano Challenges Alabama; Maine’s Recreational Cannabis Sector Flourishes
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Green Thumb Industries Initiates Stock Buy-Back Program to Bolster Share Value
LOS ANGELES-- In a bid to amplify the value of its shares, Chicago-based Green Thumb Industries Inc. has unveiled a year-long share repurchase initiative which will potentially see a reacquisition of up to 10.4 million ...
Ensuring Safety in the Cannabis Industry: The Alarming Disparity in Pesticide Residues Between Legal and Illicit Products in Canada
LOS ANGELES-- A recent study published in the Journal of Cannabis Research highlighted alarming levels of pesticides in illegal cannabis samples compared to legal ones in Canada. The researchers scrutinized 36 legal cannabis samples from ...
Illinois Sees Slight Dip in August Cannabis Sales but Maintains Yearly Growth
LOS ANGELES-- In the latest data released, the adult-use cannabis sales in Illinois for the month of August have experienced a minor contraction, falling sequentially to $139.2 million. This marks a slight decrease of 0.6% ...
Biden Administration Initiates Evidence-Based Review of Cannabis Classification
WASHINGTON, D.C.- In a recent press briefing, White House Press Secretary, Karine Jean-Pierre underscored President Joe Biden's longstanding support for the legalization of cannabis for medicinal purposes, signaling a potentially significant shift in the federal ...
Week In Review: Stocks Soar: Biden Administration Initiates Cannabis Scheduling Review; California Says Yes to Psychedelic Medicines; Green Thumb Initiates Stock Buy-Back Program to Bolster Share Value
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Phoenix-Based Tilt Holdings Divests Stake in Shinnecock Nation Cannabis Partnership
LOS ANGELES-- In a strategic shift indicative of changing market dynamics, Tilt Holdings, a prominent Phoenix-based cannabis operator, has resolved to sever its ties with a cannabis partnership initiated with the Shinnecock Nation. A mere ...
Otsuka Pharmaceutical Set to Acquire Mindset Pharma in C$80 Million Deal
TORONTO — Mindset Pharma Inc. based in Toronto, is set to be acquired by the Japan-based Otsuka Pharmaceutical Co. via its American subsidiary. This all-cash deal, announced Thursday, is valued at about C$80 million ($59.15 ...
Medical Cannabis Offers Significant Relief for Neuropathic Pain, German Study Suggests
LOS ANGELES — Chronic neuropathic pain sufferers might find a beacon of hope in the medicinal properties of cannabis. A recent study out of Hamburg, Germany, indicates that cannabis inhalation can lead to notable improvements ...
Georgia Approves Three More Dispensaries for Medical Cannabis Program
ATLANTA — Georgia's Access to Medical Cannabis Commission (GMCC) has given the nod to three additional dispensary locations, augmenting the availability of low-THC oil products for patients across the state. During the public meeting on ...
Alabama Medical Cannabis Commission Faces Licensing Delays Amid Legal Complications
LOS ANGELES-- The Alabama Medical Cannabis Commission (AMCC) hit another roadblock in its licensing process as it announced an administrative stay on Thursday, according to AL.com. This suspension follows two unsuccessful attempts by the AMCC ...
Cannabis Insurance Firm Gains Momentum with $3.1M Seed Funding amid Regulatory Optimism
LOS ANGELES-- Connecticut-based Frontier Risk Group, an insurance firm specializing in the cannabis sector, recently secured a notable $3.1 million in seed funding, drawing significant attention from industry stakeholders. This substantial financial boost, facilitated by ...
Oklahoma Bureau of Narcotics Targets Illicit Cannabis Farms to Protect Legitimate Medical Businesses
LOS ANGELES — Over the past two years, the Oklahoma Bureau of Narcotics (OBN) has initiated aggressive enforcement actions, resulting in the shutdown of over 800 illegitimate cannabis farms that were operating under the pretense ...
