M4MM
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024
LOS ANGELES- Cresco Labs Inc., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported an operating cash flow of $132 million for ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
California’s Garden Society Announces Two-Fold Partnership with Kiva Confections and Kiva Sales and Service
LOS ANGELES-- California-based women-owned cannabis company, Garden Society, has recently announced a two-fold partnership with Kiva Confections and Kiva Sales and Service (KSS), a leader in the cannabis industry. In a bid to expand their ...
Willow Industries Launches Willow Scientific, a New Microbial Consulting Service Suite for the Cannabis Industry
LOS ANGELES-- Willow Industries, a company specializing in cannabis kill-step and decontamination technology, has announced the launch of Willow Scientific, a new tiered suite of microbial consulting services designed to address and solve contamination at ...
Glass House Brands Announces First Quarter 2023 Financial Results Release and Investor Conference Details
LOS ANGELES-- Glass House Brands Inc a vertically-integrated cannabis company in the United States, announced on Monday that it will release its financial results for the first quarter ended March 31, 2023, on Monday, May ...
Multi-State Cannabis Operator Ascend Wellness Holdings Expands to Maryland with Acquisition of Four Dispensaries
LOS ANGELES-- Oregon Secretary of State Shemia Fagan announced on Monday that she has terminated her consulting deal with a cannabis company, Veriede Holdings LLC, after the arrangement was discovered during an audit of the ...
New Research: Terpenes in Cannabis Modulate Interaction Between THC and Its Endogenous Receptor
TEL AVIV, Israel --A new study published in the journal Biochemical Pharmacology has found that terpenes found in the cannabis plant may play a more important role than THC in enhancing the plant's effects. The ...
Colorado Senate Passes Bill to Regulate Psychedelic Substances for Therapeutic Use
LOS ANGELES-- The Colorado Senate has approved a bill aimed at regulating psychedelic substances, following a voter-endorsed initiative. The proposed legislation would establish guidelines for the legal use of psilocybin and psilocyn in authorized therapeutic ...
Aurora Cannabis Expands German Portfolio with Launch of Two New Medical Cannabis Products
LOS ANGELES Aurora Cannabis Inc., a leading manufacturer and supplier of medical cannabis worldwide, announced today the launch of two new high tetrahydrocannabinol (THC) cannabis flower products for medical patients in Germany. The products, Pedanios ...
A Brief History of The Word Cannabis
LOS ANGELES - Cannabis has been a topic of discussion for centuries, with the plant being used for medicinal, recreational, and spiritual purposes around the world. But where did the word "cannabis" come from, and ...
Minnesota Becomes 23rd State to Legalize Adult-Use Cannabis
MINNEAPOLIS — Minnesota is set to become the 23rd state to legalize adult-use cannabis after the state legislature passed a bill on Thursday, which is now awaiting Governor Tim Walz's signature. The move comes after ...
Simple Solvents and Florida Chemical Supply Announce Partnership
LOS ANGELES-- Simple Solvents and Florida Chemical Supply have announced a strategic partnership that will revolutionize the supply chain for the cannabis and hemp markets in Florida. Simple Solvents, a leading supplier of high-quality solvents, ...
Chill Medicated Makes History as First Cannabis Brand to Sponsor a National Sports Tournament
LOS ANGELES-- Chill Medicated, a cannabis brand with a mission to destigmatize the plant and promote its potential for athlete wellness and recovery, has announced its sponsorship of the Women's Collegiate Lacrosse Organization (WCLO) championship ...
NAR Study Reveals Drop in Commercial Property Purchases by Cannabis Businesses, Rise in Leasing Activity
A new study conducted by the National Association of Realtors (NAR) has indicated a significant decrease in commercial property purchases by cannabis industry-related businesses. The report, titled "2023 Cannabis and Real Estate: A Budding Issue," ...
Glass House Brands to Hold 2nd Annual Investor Sesh at Camarillo SoCal Facility, the Largest Cannabis Farm in the US
LOS ANGELES-- Glass House Brands, a leading cannabis company, has announced its plans to hold its 2nd Annual Investor Sesh at the Camarillo SoCal facility on June 23, 2023. The event will include the company's ...
PBC 2023 Conference to Feature Keynote Panel of State Cannabis Regulators: A Forum for Industry and Government Collaboration
LOS ANGELES-- PBC 2023, the annual conference that brings together government and industry leaders, is set to feature a keynote panel discussion among cannabis regulators from some of the largest state-legal cannabis markets. The two-day ...
Global Cannabis Brand Cookies Accused of Using Threats, Violence, and Kickbacks to Enrich Leaders
LOS ANGELES-- Two investors of California-based cannabis brand Cookies have filed a lawsuit alleging that its leaders have been engaging in threats, violence, and financial kickbacks to enrich themselves at the expense of the company's ...
