M4MM
Aurora Cannabis Reports Q1 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. (ACB), a leading Canadian Cannabis producer, announced its financial and operational results for the first quarter of fiscal 2026, ending June 30, 2025, showcasing robust growth in its medical Cannabis ...
AYR Wellness Exits Massachusetts in Broad Financial Restructuring
LOS ANGELES – AYR Wellness, a Miami-based multi-state Cannabis operator, is pulling out of Massachusetts as part of a bold restructuring to tackle its financial challenges. The company will close its 90,000-square-foot Milford cultivation facility, ...
Canopy Growth Expands its Presence in Australia
OTTAWA – Canopy Growth Corporation has introduced its Canadian-grown 7ACRES brand to the Australian medical Cannabis market, marking a strategic expansion of its global medical portfolio. The launch, announced on August 5, features two high-THC ...
Thailand Implements Stricter Cannabis Regulations
LOS ANGELES- Thailand is set to enforce stricter controls on cannabis sales following a notable increase in smuggling attempts, particularly involving foreign tourists. The Ministry of Public Health announced that, within approximately 40 days, cannabis ...
Indigenous Tribes Expand Presence in U.S. Cannabis and Hemp Sectors
LOS ANGELES- A recent analysis by the Indigenous Cannabis Industry Association (ICIA) and law firm Vicente LLP reveals that approximately 26% of the 358 federally recognized Indigenous communities in the continental United States are now ...
Colorado Court Dismisses Mammoth Farms’ Lawsuit Against Marijuana Enforcement Division
LOS ANGELES- A Denver District Court has dismissed a lawsuit filed by Mammoth Farms against the Colorado Marijuana Enforcement Division (MED), ruling that the cannabis cultivator must pursue regulatory changes through administrative channels rather than ...
Thailand Moves to Restrict Cannabis Use to Medical Purposes Within 40 Days
LOS ANGELES- Thailand's Public Health Minister, Somsak Thepsutin, has announced plans to implement regulations within 40 days that will restrict cannabis use to medical purposes only. Under the forthcoming rules, both Thai nationals and foreigners ...
Aurora Cannabis Reports Q1 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. (ACB), a leading Canadian Cannabis producer, announced its financial and operational results for the first quarter of fiscal 2026, ending June 30, 2025, showcasing robust growth in its medical Cannabis ...
AYR Wellness Exits Massachusetts in Broad Financial Restructuring
LOS ANGELES – AYR Wellness, a Miami-based multi-state Cannabis operator, is pulling out of Massachusetts as part of a bold restructuring to tackle its financial challenges. The company will close its 90,000-square-foot Milford cultivation facility, ...
Canopy Growth Expands its Presence in Australia
OTTAWA – Canopy Growth Corporation has introduced its Canadian-grown 7ACRES brand to the Australian medical Cannabis market, marking a strategic expansion of its global medical portfolio. The launch, announced on August 5, features two high-THC ...
Stabilization and Rebound in U.S. Wholesale Cannabis Market
LOS ANGELES-- The U.S. cannabis wholesale market has shown signs of stabilization this year, following a significant decline in 2022, and has even experienced a modest rebound since last year, according to a recent report ...
Germany’s Adult-Use Cannabis Policy Takes Shape: What We Know So Far
LOS ANGELES-- Germany is making significant progress in shaping its adult-use cannabis policy, with key details emerging during a recent press conference. While some aspects still require further exploration, here is what we currently know ...
New Mexico Regulator Revokes Cannabis Retailer’s License for Out-of-State Sales
ALBUQUERQUE, In a groundbreaking move, the New Mexico Regulation and Licensing Department took decisive action last week by revoking the license of Paradise Distro LLC, a cannabis retailer based in Albuquerque. The license was rescinded ...
Canopy Growth Plans Share Consolidation Amid Nasdaq Listing Noncompliance
LOS ANGELES-- Canadian cannabis producer Canopy Growth has revealed its intention to seek approval for the consolidation of its shares after receiving a notification from the Nasdaq indicating its failure to meet the stock exchange's ...
ACT LAB Expands Operations with Acquisition of Florida Lab Assets from Green Scientific
LOS ANGELES-- ACT LAB, a lab testing company in the legal cannabis and hemp markets, has recently announced its successful regulatory approval and completion of the acquisition of Florida lab operations and associated assets from ...
Cannabis Companies Confront Operational Challenges Amidst Severe Weather
LOS ANGELES-- As severe weather conditions persist, cannabis companies spanning from Northern California to South Florida are grappling with new operational obstacles. The strain on power grids and the aftermath of historic flooding in parts ...
Aleafia Health and Red White & Bloom Brands Terminate Merger Amid Debenture Dispute
TORONTO — The anticipated merger between Canadian cannabis company Aleafia Health and U.S. multistate cannabis operator Red White & Bloom Brands has been called off, according to an announcement made by the companies. The proposed ...
Compass Pathways’ Psilocybin Treatment Shows Promise for Depression
LONDON-- London-based mental health care company, Compass Pathways (Nasdaq: CMPS), announced encouraging outcomes from a phase 2 clinical trial investigating the efficacy of its synthetic psilocybin treatment, COMP360, in combination with daily SSRI antidepressants for ...
Study: Cannabis Use Enhances ‘Runner’s High’ During Exercise
LOS ANGELES-Recent research published in the journal Cannabis and Cannabinoid Research has shed light on an intriguing association between cannabis use and an enhanced running experience. According to the study's data, individuals who used cannabis ...
Canadian Cannabis Entrepreneurs Turn to Micro-Cultivation to Tackle Oversupply
TORONTO-- In response to a surplus of cannabis and declining prices within the Canadian cannabis industry, cannabis entrepreneurs are increasingly embracing smaller micro-cultivation facilities as a means to reduce costs and produce higher-quality cannabis. This ...
Week In Review: Cannabis & Psychedelic Sectors Diverge: TerrAscend Leads Cannabis Stocks, Canopy Growth Struggles, Awakn & Cybin Forge Ahead
LOS ANGELES- In the fast-paced world of cannabis and psychedelics, last week's developments & ''liquidity events'' have left investors and industry experts alike eagerly observing the unfolding landscape. These events have showcased both encouraging victories ...
Ohio Adds Irritable Bowel Syndrome to Medical Cannabis Qualifying Conditions
LOS ANGELES-- On July 12, the State Medical Board of Ohio announced its decision to include irritable bowel syndrome (IBS) in the state's list of qualifying conditions for medical cannabis. However, the board rejected the ...
Red Lake Nation to Open Minnesota’s First Native American Adult-Use Cannabis Store
LOS ANGELES --In a significant development for Minnesota's cannabis industry, the Red Lake Nation has voted to allow NativeCare Dispensary, an existing tribal medical cannabis dispensary, to commence sales to individuals aged 21 and older ...
Cannabis Industry Seeks Relief from Unfair Tax Burden of 280E
In a nod to the historic Boston Tea Party of 1773, cannabis company MariMed recently held the 'Boston 280E THC Party' in Boston Harbor, a unique event designed to protest Tax Code 280E. CEO and ...
North Carolina Medical Cannabis Legalization Bill Faces Republican Opposition
LOS ANGELES-- Efforts to legalize medical cannabis in North Carolina have hit a roadblock, as the bill that gained bipartisan support in the state Senate earlier this year has been deemed unlikely to pass in ...
