M4MM
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
Cresco Labs Reports Q2 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its Q2 2025 financial results, revealing a mix of operational stability, revenue headwinds, and a pivotal debt restructuring. The company reported revenues of $164 million, down 11% from $184 ...
The Cannabist Co Holdings Reports Q2 2025 Financial and Operational Results
CHELMSFORD – The Cannabist Company Holdings Inc., a leading U.S. Cannabis cultivator, manufacturer, and retailer, released its financial and operational results for the second quarter of 2025, indicating ongoing efforts to streamline operations and strengthen ...
MariMed Reports Q2 2025 Financial Results
NORWOOD – MariMed Inc. released its financial results for Q2 2025 ended June 30, reflecting a blend of operational growth and financial challenges. The company reported revenue of $39.6 million, a slight decline from $40.4 ...
Will the Hemp Beverage Category Still Be Here in 12 Months?
LOS ANGELES- Will the Hemp Beverage Category Still Be Here in 12 Months? That's not just a provocative question—it’s a quiet but growing concern across the hemp industry. After a explosive rise in popularity, hemp-derived THC ...
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
South Dakota Medical Cannabis Program Sees Exponential Growth, Outpacing Projections
LOS ANGELES — South Dakota's medical cannabis program has issued nearly twice as many patient cards as initially projected, according to the state official responsible for overseeing the initiative. Jennifer Seale, the administrator for the ...
Maryland Town and Trulieve Cannabis in Dispute Over Equity Deal
LOS ANGELES — An unfolding financial dispute between the small Maryland town of Hancock and the Florida-based cannabis giant, Trulieve Cannabis, highlights the intricate dynamics of municipal investments in the rapidly evolving cannabis industry. Dating ...
Canadian Cannabis Sales Set New Monthly Record, Rising to C$426.6 Million in June
TORONTO— Statistics Canada's recent report reveals a burgeoning cannabis market, with June retail sales reaching a record C$426.6 million, marking a 2.6% uptick from May's slightly revised C$415.7 million. The surge, which equates to 6.0% ...
Psilera Gains U.S. Patent Approval for Next-Gen Mental Health Treatment Solutions
LOS ANGELES-- In a move that underscores the shifting landscape of mental health therapy, Tampa-based biopharmaceutical company Psilera announced on Wednesday that it has received a notice of allowance from the U.S. Patent and Trademark ...
U.S. Cannabis Industry: Growth and Puzzles Across States
LOS ANGELES— The cannabis landscape in the U.S. is rapidly shifting, with each state crafting its narrative. From Maryland's remarkable entry to Michigan's booming market, Illinois's unique challenges, and Colorado's stellar tax earnings, the industry's ...
Maryland’s Recreational Cannabis Sales Surge Amid Varied Growth Across U.S. States
LOS ANGELES – Maryland's newly launched recreational cannabis market is already generating waves in the industry, boasting sales of $87.3 million in its inaugural month of July 2023. Despite the robust figures, a report from ...
Idaho Pushes to Introduce Medical Cannabis Amid Broader Regional Shift
LOS ANGELES— As the broader Pacific Northwest embraces cannabis legalization, Idaho remains a notable holdout. But Kind Idaho, an advocacy group, is undeterred, seeking to introduce medical cannabis in the state. In Idaho, where no ...
Ohio Governor and Health Officials Voice Opposition to Cannabis Legalization
LOS ANGELES — As Ohio inches closer to a potential shift in its stance on adult-use cannabis, significant opposition emerges from top state officials. Last week, Governor Mike DeWine (R) expressed his dissent, stating to ...
Quebec’s Cannabis Retail Landscape: The Struggles and Future Possibilities
TORONTO — While corner shops selling recreational cannabis have become a familiar sight in most major Canadian cities since its legalization five years ago, the landscape appears significantly different in Quebec. Toronto, Canada’s largest city, ...
New Mexico Appoints Colorado Cannabis Expert to Lead Regulatory Division
LOS ANGELES—In a move reflecting the growing significance of the cannabis industry in the Southwest, New Mexico's Cannabis Control Division has named Todd Stevens, a seasoned professional from Colorado's expansive cannabis market, as its next ...
Tilray Brands Expands into Alcoholic and Cannabis Beverages with Major Acquisitions
NEW YORK-- In a strategic move to diversify its portfolio, Tilray Brands, one of the world's largest cannabis companies, is broadening its reach into the alcoholic and cannabis beverage sectors. The company has recently announced ...
Filament Health Refiles Q2 Financial Results
LOS ANGELES-- Filament Health Corp. has refiled its second-quarter financial results for the period ending June 30, 2023, following an initial filing on May 12, 2023. The revision was necessitated by changes in the accounting ...
Greenlight Expands Cannabis Operations with New Acquisitions
LOS ANGELES-- In a significant move within the burgeoning cannabis industry, multistate operator Greenlight announced on Monday its acquisition of an operating recreational and medical dispensary in Las Vegas and an 18,000-square-foot cultivation facility in ...
Women Leaders In Cannabis Gather in San Diego for BLUNT BRUNCH
SAN DIEGO-Women leaders in cannabis recently gathered for the Blunt Brunch networking series, held this time in sunny San Diego. The event showcased attendees seen here preparing for a group photo in this short video ...
COMPASS Pathways Secures $285 Million in Private Funding
LONDON, England–COMPASS Pathways plc, (Nasdaq: CMPS) a London-based company listed on Nasdaq under the ticker CMPS, announced it has successfully secured $285 million in private funding. This funding is intended to advance the company's efforts ...
