M4MM
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
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 ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
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 ...
Exploring the Growth and Challenges of Aurora Cannabis Inc: A Comprehensive Analysis
LOS ANGELES-- Aurora Cannabis Inc, the Canadian company that is paving the way for the cannabis industry, has announced the launch of a new program that aims to support and empower cannabis patients in their ...
Missouri’s Recreational Cannabis Industry: Rapid Growth and Potential Challenges
LOS ANGELES-- Missouri’s decision to legalize recreational cannabis last year has led to an impressive surge in job growth in the industry, with the number of active licenses rising from 9,800 in October to over ...
Glass House Brands Inc Completes Acquisition of Natural Healing Center Dispensary in Turlock, California
LOS ANGELES-- Glass House Brands Inc, a fast-growing cannabis company in the US, has officially closed the acquisition of the Natural Healing Center (NHC) dispensary in Turlock, California. With all local regulatory requirements fulfilled, Glass ...
Record-Breaking 4/20 Sales Show Maturation and Sustainability Of The Cannabis Industry
LOS ANGELES-- April 20th, also known as 4/20, has come and gone, and it looks like it was a record-breaking year for the cannabis industry. According to industry data, this year's 4/20 was the busiest ...
New York Will Eventually Overcome Teething Pains of New Industry
NEW YORK–As New York State finally legalized recreational cannabis use earlier this year, many hoped it would be a turning point for the industry. But so far, the implementation of the new law has been ...
SC Labs Expands Cannabis and Hemp Testing Services with C4 Laboratories Acquisition
LOS ANGELES-- SC Labs, a leading cannabis and hemp testing company in the U.S., announced today its acquisition of C4 Laboratories, a Scottsdale-based lab offering advanced testing capabilities to ensure quality and accuracy. With the ...
Aurora Cannabis Inc. Repurchases $22.3 Million in Convertible Senior Notes, Saving $2.6 Million in Annual Interest Payments
LOS ANGELES-- Canadian cannabis company Aurora Cannabis Inc. has announced that it has repurchased approximately $22.3 million (US$16.6 million) principal amount of its convertible senior notes ("Notes") in multiple transactions since the start of April ...
