M4MM
Cannabis-Infused Drinks Show Promise in Curbing Alcohol Use, New Research Finds
LOS ANGELES – A fresh analysis from researchers at the University at Buffalo suggests that adults turning to Cannabis-infused beverages often scale back their alcohol habits, including sharp drops in binge drinking. The findings, drawn ...
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its revolving credit facility that lifts the available funds to $100 million and stretches the repayment deadline. The change adds $25 million to the prior $75 ...
Circle K Tests Hemp THC Waters in Texas
DALLAS – Circle K has begun stocking shelves with hemp-derived THC beverages at select Texas stores, marking the c-store chain's first foray into the state's market for intoxicating hemp products. The rollout, in partnership with ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Ohio Governor Enacts Halt on Sales of Hemp-Derived THC Products
COLUMBUS – Ohio Governor Mike DeWine issued an executive order on October 8, 2025, directing retailers to pull intoxicating hemp products from shelves by next Tuesday, marking a sharp intervention in the state's unregulated market ...
Germany’s Cabinet Advanced Restrictions Balancing Access and Control in Medical Cannabis
BERLIN – Germany's federal cabinet cleared a draft bill that would require in-person doctor consultations before issuing medical Cannabis prescriptions and prohibit mail-order shipments, addressing a fourfold jump in imports over the past year. The ...
Cannabis-Infused Drinks Show Promise in Curbing Alcohol Use, New Research Finds
LOS ANGELES – A fresh analysis from researchers at the University at Buffalo suggests that adults turning to Cannabis-infused beverages often scale back their alcohol habits, including sharp drops in binge drinking. The findings, drawn ...
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its revolving credit facility that lifts the available funds to $100 million and stretches the repayment deadline. The change adds $25 million to the prior $75 ...
Circle K Tests Hemp THC Waters in Texas
DALLAS – Circle K has begun stocking shelves with hemp-derived THC beverages at select Texas stores, marking the c-store chain's first foray into the state's market for intoxicating hemp products. The rollout, in partnership with ...
Kanabo Partners with British Cannabis to Enhance Digital Health Services
LOS ANGELES- In a significant move to provide enhanced digital health services and specialty medicines, including medicinal cannabis, Kanabo (KNB), a patient-centric provider, has announced a collaborative partnership with British Cannabis. This collaboration will facilitate ...
Green Thumb Industries Opens Its 10th RISE Dispensary in Florida
NEW YORK— RISE Dispensaries, a burgeoning cannabis retail chain under Green Thumb Industries Inc., proudly announced the inauguration of RISE Dispensary Sun City Center. Marking their 10th retail footprint in Florida and the 86th on ...
Cybin Inc. Releases Interim Findings for Its Innovative Psilocybin Analog, CYB003
LOS ANGELES- In a major step for mental health treatment innovation, Cybin Inc. today publicized the interim results of its Phase 2 clinical trial for CYB003, its proprietary deuterated psilocybin analog. These findings highlight a ...
Las Vegas to Welcome New Cannabis Consumption Lounges Following CCB Decision
LOS ANGELES-- In a move reflecting the evolving landscape of the cannabis sector, the Nevada Cannabis Compliance Board (CCB) has awarded six conditional consumption lounge licenses, all set to be situated in Las Vegas. The ...
Virginia Judge Upholds State Law on Hemp Products in Notable Ruling
LOS ANGELES- In a notable legal decision, a federal judge in Northern Virginia declined to halt the enforcement of a recently established state law imposing stricter controls on hemp-derived products, as reported by the Virginia ...
Colorado Awards First Loans to Social Equity Cannabis Businesses
DENVER — In a move that underlines the state's commitment to fostering equitable growth in the cannabis industry, Colorado's Cannabis Business Office (CBO) has unveiled the inaugural recipients of the state's Cannabis Business Loan Program. ...
Massachusetts Cannabis Firms Challenge Federal Prohibition in Suit Against U.S. Attorney General
NEW YORK— A consortium of Massachusetts-based cannabis companies have taken the unprecedented step of suing U.S. Attorney General Merrick Garland over the federal prohibition of cannabis. The plaintiffs argue that these laws not only infringe ...
Canadian Psychedelics Startups Form Strategic Partnership Ahead of Potential MDMA Legalization in 2024
NEW YORK — With the Canadian government anticipated to greenlight MDMA-assisted therapy in 2024, two pioneering Alberta-based companies are proactively paving the way for a broader acceptance of psychedelic therapies. ATMA Journey Centers and Cena ...
Rhode Island Sets New Monthly Record with $7.11M in Adult-Use Cannabis Sales
LOS ANGELES- Rhode Island's adult-use cannabis market continues its upward trajectory, hitting a new monthly sales record of $7.11 million in September. This surge in sales has placed the state back on course to meet ...
Massachusetts Cannabis Companies Challenge Federal Prohibition in Lawsuit Against U.S. Attorney General
LOS ANGELES- A coalition of Massachusetts-based cannabis businesses has initiated legal proceedings against U.S. Attorney General Merrick Garland, presenting a strong case against the current federal cannabis prohibition. The litigants argue that the said prohibition ...
Alberta Psychedelics Startups Collaborate Ahead of Expected MDMA Legalization in Canada
LOS ANGELES- Two emerging Alberta-based psychedelics startups, ATMA Journey Centers and Cena Life, are forging a partnership in anticipation of the potential legalization of MDMA-assisted therapy in Canada come 2024. The strategic alliance aims to ...
Cresco Labs Finalizes Sale of Arizona Cannabis Operation and Secures New York Mortgage
CHICAGO– In a recent move aligning with its strategic vision of optimizing its portfolio, Cresco Labs Inc., a prominent figure in branded cannabis products, has finalized the sale of its singular licensed Arizona operation, "Encanto", ...
Goodblend Pennsylvania LLC Ordered to Pay $15.5 Million and Vacate Pittsburgh Property
NEW YORK - Atlanta-based multistate operator Parallel's subsidiary, Goodblend Pennsylvania LLC, a medical cannabis grower, has been directed by an Allegheny County Court to vacate its Pittsburgh facility and pay $15.5 million. The decision comes ...
Curaleaf Holdings Inc. Aims for Listing on the Toronto Stock Exchange
NEW YORK – Curaleaf Holdings Inc., a dominant player in the global cannabis consumer products arena, has taken a definitive step towards expanding its reach by filing an application to list its subordinate voting shares ...
Idaho Pushes Forward on Medical Cannabis Initiative Amidst Surrounding States’ Relaxed Laws
LOS ANGELES— As the drive for medical cannabis intensifies nationwide, Idaho finds itself as an island of resistance in a sea of relaxed cannabis regulations. Kind Idaho, a determined advocacy group, is fervently seeking to ...
