M4MM
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Cannabis Use Among Seniors Sees Significant Uptick
LOS ANGELES- A recent study published in JAMA Internal Medicine highlights a notable increase in cannabis use among U.S. adults aged 65 and older. Data from the National Survey on Drug Use and Health indicates ...
FLUENT Corp. Expands Indoor Cultivation with Rosa Facility in Florida
LOS ANGELES- FLUENT Corp.a vertically integrated cannabis operator, has initiated cultivation at its new Rosa indoor facility in Tampa, Florida. This development adds 9,200 square feet of high-efficiency indoor canopy to the company's operations, marking ...
Atai Life Sciences and Beckley Psytech Announce Strategic Merger to Form Atai Beckley
LOS ANGELES- Atai Life Sciences, a biopharmaceutical company, and Beckley Psytech, a private UK-based biotechnology firm, have announced a definitive agreement to merge, creating a new entity named Atai Beckley. The all-share transaction values Beckley ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Transfer Pricing Challenges in the Cannabis Industry
LOS ANGELES-- As the cannabis industry continues to grapple with a complex web of regulations and tax rules, entrepreneurs like Abraham Finberg, Rachel Wright, and Simon Menkes of 420CPA display adept skills in maneuvering through ...
Navigating California’s Cannabis Debt Crisis
LOS ANGELES-- As California's cannabis market grapples with a mounting debt crisis, the fate of the industry hangs in the balance, centering around a controversial piece of legislation known as Assembly Bill 766, also referred ...
Paving the Way for Interstate Cannabis Commerce, California’s Ambitious Plan
LOS ANGELES-- Amidst the picturesque landscapes of California's cannabis fields, a new wave of excitement is brewing in the Golden State. The Department of Cannabis Control (DCC) has unveiled a bold initiative that could potentially ...
A Calculated Approach: Navigating Federal Cannabis Legalization
LOS ANGELES-- The landscape of federal cannabis reform is undergoing a notable transformation, propelled by the growing number of states embracing adult-use cannabis. As this trend gains momentum, policymakers are increasingly compelled to consider significant ...
Skittles Triumphs in Lawsuit Against Cannabis Knockoff Zkittlez
NEW YORK-Mars Wrigley, the maker of multi-colored fruit-flavored Skittles candies, has reached a settlement in a trademark infringement lawsuit against Terphogz LLC, a seller of cannabis-related merchandise. The lawsuit centered around Terphogz's marketing of products ...
Barely Capitalized: Pioneering Support for Women and Minority Startups in the Booming Cannabis Industry
LOS ANGELES-In a bold move to address the long-standing funding disparity faced by women and minority entrepreneurs in the cannabis sector, Highly Capitalized, a leading financial news service, is set to launch an innovative initiative ...
California’s Path to Tackle Illicit Cannabis and Empower Legal Operators
LOS ANGELES-- California's relentless battle against illicit cannabis has reached a critical juncture, as state authorities strive to curb the flourishing underground market and protect the interests of legal cannabis operators and consumers. With the ...
Schumer Expresses Confidence in Bipartisan Cannabis Banking Bill
LOS ANGELES-- Senate Majority Leader Chuck Schumer (D-NY) has expressed confidence that a bipartisan bill aimed at addressing banking issues in the cannabis industry will successfully pass in Congress during this session. The reassurance came ...
Altria-Backed Cannabis Producer Cronos Explores Sale
TORONTO-Cronos Group Inc, (CRON.TO) the Canadian cannabis producer backed by Altria Group Inc, the cigarette maker, has confirmed that it is currently engaged in discussions with potential buyers to explore the possibility of a sale, ...
NBA Removes Cannabis from Prohibited Substances List
NEW YORK- In a significant development, league officials and the NBA Players Association have recently inked a comprehensive collective bargaining agreement that effectively removes cannabis from the league's list of prohibited substances. This landmark agreement ...
New York City Council Committee Approves Bill Holding Landlords Accountable for Unlicensed Cannabis and Tobacco Sales
NEW YORK-- The New York City Council Committee on Public Safety has given its approval to a bill that will hold landlords responsible for knowingly renting commercial properties to tenants engaged in the sale of ...
California Cannabis Distribution Giant Herbl Faces Legal Battle as Industry Struggles with Financial Squeeze
LOS ANGELES -California-based cannabis distribution giant Herbl is embroiled in a legal dispute as it seeks to recover approximately $10 million in unpaid debts from retailers. The company, which fell into receivership in June, has ...
BZAM Ltd and Lender Amend Credit Agreement in Response to Recent Divestiture
TORONTO-- BZAM Ltd., a Canadian cannabis producer, has successfully completed the divestiture of Galaxie Brands Corporation, according to a share purchase agreement. The transaction involved the sale of all outstanding shares of Galaxie to a ...
Australia Takes Lead in Offering Psychedelic Treatment for Mental Health
SYDNEY, Australia--In a groundbreaking move, Australia has emerged as a global leader in mental health treatment by embracing the therapeutic potential of psychedelic substances such as MDMA (commonly known as ecstasy) and psilocybin (found in ...
New York Secures $150 Million Investment to Fully Fund Social Equity Cannabis Retailers
LOS ANGELES-- In a significant boost to New York's social equity cannabis program, Chicago Atlantic Admin LLC has committed up to $150 million in senior secured capital for the Social Equity Cannabis Investment Fund. The ...
