M4MM
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Cybin Secures Additional U.S. Patent for CYB003
LOS ANGELES- Cybin Inc. a biopharmaceutical company, announced the granting of U.S. patent 12,291,499 by the United States Patent and Trademark Office. This patent pertains to pharmaceutical compositions and oral dosage forms within the company's ...
Green Thumb Industries Reports Q1 2025 Financial Results
Green Thumb Industries Inc. a U.S.-based cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue for Q1 2025 was ...
Pennsylvania House Approves State-Run Recreational Cannabis Bill
LOS ANGELES- The Pennsylvania House of Representatives has passed a bill to legalize recreational cannabis, proposing a state-controlled sales model. The legislation, approved by a narrow 102-101 vote along party lines, marks the first time ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
C21 Investments Inc. Files Audited Financial Statements for Fiscal Year 2023, Reports Revenue Decline and Positive Net Income
LOS ANGELES-- C21 Investments Inc. announced the filing of its audited financial statements and management discussion and analysis for its fiscal year ended January 31, 2023. The financial statements, prepared in accordance with U.S. Generally ...
Humble & Fume Inc. Successfully Closes Non-Brokered Private Placement
TORONTO— Humble & Fume Inc. a distributor of cannabis and cannabis accessories in North America, has announced the successful closing of its non-brokered private placement of convertible debenture units. The offering, which was previously announced ...
IM Cannabis Corp. Achieves Compliance with Nasdaq Listing Standards
TEL AVIV — IM Cannabis Corp. a medical cannabis company operating in Israel and Germany, announced today that it has received formal notice from The Nasdaq Stock Market, LLC ("Nasdaq") confirming the company's compliance with ...
Pennsylvania House Judiciary Committee Considers Resolution Urging Federal Descheduling of Cannabis
LOS ANGELES -- The Pennsylvania House Judiciary Committee is currently examining a resolution that urges the federal government to remove cannabis from the list of controlled substances. The resolution highlights that 38 U.S. states and ...
Nevada Lawmakers Pass Cannabis Reform Bill, Awaits Governor’s Signature
LOS ANGELES-- Nevada lawmakers have granted final approval to a comprehensive cannabis reform bill that introduces several significant changes to the state's cannabis industry. Senate Bill 277, as reported by Forbes, encompasses the following ...
USDA Acknowledges Hemp’s Significance by Adding It to Agricultural Technical Advisory Committee Title
LOS ANGELES-- The U.S. Department of Agriculture (USDA) has made a noteworthy move that underscores the recognition of hemp as a valuable commodity. The agency will include hemp in the title of one of its ...
San Francisco Board of Supervisors Implements Three-Year Moratorium on New Cannabis Businesses
SAN FRANCISCO-- In a unanimous decision, the San Francisco Board of Supervisors voted to impose a three-year ban on new cannabis businesses, aiming to address concerns of oversaturation and competition from the illicit market. The ...
Senate Committee Considers Cannabis Banking Reform Legislation Amidst Competing Priorities
WASHINGTON — A crucial piece of legislation concerning cannabis banking reform may finally be gaining traction in the U.S. Senate, according to statements made by a prominent Democratic senator. The SAFE Banking Act, which aims ...
TerrAscend Corp. Sells Mississauga Head Office Below Asking Price Amidst Canadian Cannabis Industry Trends
LOS ANGELES-- TerrAscend Corp. a North American cannabis operator, recently finalized the sale of its head office in Mississauga for 19.7 million Canadian dollars ($15 million). The transaction, however, fell short of the initial asking ...
California Cannabis Industry Tackles Unpaid Invoices with Credit Association
LOS ANGELES-- In an effort to address the issue of unpaid invoices and bring financial stability to the supply chain, a group of California distributors and brands, representing over half of the state's wholesale B2B ...
Federal House Proposal Aims to Enhance Cannabis Research at U.S. Universities, Eliminating Barriers
WASHINGTON— In a bid to bolster cannabis research and pave the way for scientific advancements, a House bill was introduced on Tuesday with the aim of promoting cannabis research at universities while dismantling existing federal ...
FDA Regulation of CBD: Bipartisan Measures Introduced in the House
LOS ANGELES-- In response to the U.S. Food and Drug Administration's (FDA) call for congressional regulation of cannabidiol (CBD), two bipartisan measures have been reintroduced in the House of Representatives by U.S. Reps. Morgan Griffith ...
Canopy Growth Corporation Expands to Quebec’s Cannabis Market
LOS ANGELES-- Canopy Growth Corporation has announced its expanded to deliverin cannabis products sourced from Quebec for consumers in the province. The company has forged a partnership with VASCO Cannabis Inc., a renowned Quebec-based cannabis ...
Red White & Bloom Brands Plans Share-Exchange Acquisition of Aleafia Health
LOS ANGELES-- Multistate operator Red White & Bloom Brands (RWB) has announced its intention to acquire financially troubled Canadian cannabis operator Aleafia Health in a share-exchange agreement. The proposed deal comes shortly after Aleafia announced ...
Cannabis Capital Raises Experience Multiyear Low as Investment Focus Shifts
LOS ANGELES-- The cannabis industry is witnessing a decline in capital raises, reaching a multiyear low despite ongoing challenges in California and criticism of the New York adult-use market launch. Surprisingly, investor money continues to ...
