M4MM
Public Opinion Fires Up Support for Cannabis in NC
RALEIGH – A large majority of North Carolina adults support legalizing adult-use Cannabis for medical use, and a smaller but clear majority backs recreational legalization as well, according to an Elon University Poll. The survey ...
Xylo Bio Advances Its Lead Into First-In-Human Clinical Trial
BOSTON – Xylo Bio confirmed that the first participants have been dosed in a Phase 1 clinical trial of XYL-1001, the company's lead drug candidate targeting major depressive disorder (MDD). The trial is underway in ...
TerrAscend Closes Acquisition of Aunt Mary’s in NJ
TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...
Xylo Bio Advances Its Lead Into First-In-Human Clinical Trial
BOSTON – Xylo Bio confirmed that the first participants have been dosed in a Phase 1 clinical trial of XYL-1001, the company's lead drug candidate targeting major depressive disorder (MDD). The trial is underway in ...
TerrAscend Closes Acquisition of Aunt Mary’s in NJ
TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...
Medical Saints Targets Christina Lake Cannabis in $18M Deal
VANCOUVER, BC – Christina Lake Cannabis Corp. (CLC) has received an unsolicited $18 million cash purchase offer for substantially all of its assets from Ontario licensed producer Medical Saints Ltd. setting up a competing transaction ...
Aurora Reaffirms Growth Outlook on European Strength
EDMONTON – Aurora Cannabis Inc. issued a business update, reaffirming guidance for sequential growth in net revenue and adjusted EBITDA in fiscal Q2 2027. The company cited the integration of Safari Flower Company and continued ...
Public Opinion Fires Up Support for Cannabis in NC
RALEIGH – A large majority of North Carolina adults support legalizing adult-use Cannabis for medical use, and a smaller but clear majority backs recreational legalization as well, according to an Elon University Poll. The survey ...
Xylo Bio Advances Its Lead Into First-In-Human Clinical Trial
BOSTON – Xylo Bio confirmed that the first participants have been dosed in a Phase 1 clinical trial of XYL-1001, the company's lead drug candidate targeting major depressive disorder (MDD). The trial is underway in ...
TerrAscend Closes Acquisition of Aunt Mary’s in NJ
TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...
Metrc Rolls Out Compliance Events for New York Cannabis Operators
NEW YORK – Track-and-trace provider Metrc announced a pair of statewide User Exchange events in New York, one in New York City on September 14 and another in Syracuse on September 16, designed to help ...
Eli Lilly Completes Acquisition of AtaiBeckley
INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...
Curaleaf Fires Back at Aurora Claims with Detailed Fact Sheet
STAMFORD – Curaleaf Holdings Inc. released a 14-point public fact sheet taking direct aim at what it described as misleading statements Aurora Cannabis Inc. has circulated in opposition to Curaleaf's unsolicited bid to acquire the ...
Cannaflex Opens European Export Route
RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...
Opus Consulting Appointed Receiver for PharmaCann Maryland Assets
BALTIMORE – Business advisory firm Opus Consulting, acting through President Jacques Santucci, has been appointed court receiver for the Maryland assets of PharmaCann, initiating a court-approved structured bidding process to sell the company’s state-issued licenses ...
Grown Rogue Launches Cultivation Ops in Minnesota
MEDFORD – Grown Rogue International Inc. officially began cultivation operations at its Fridley, Minnesota facility, nine months after first securing the location in December 2025. Phase I puts roughly 8,000 sq. feet of flowering canopy ...
NEWS: Psilocybin Could Help Prevent Debilitating Nerve Damage Caused by Chemotherapy
AUSTIN – A new study from The University of Texas MD Anderson Cancer Center suggests that psilocybin, the psychedelic compound found in certain mushrooms, could eventually help prevent one of chemotherapy’s most painful and persistent side ...
Elixinol Offloads Its US Hemp Business to Ananda Health
SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...
ARPA-H Launches ASCENT-IBO Initiative for Ibogaine Clinical Research
WASHINGTON – The Advanced Research Projects Agency for Health (ARPA-H) has launched a federal research opportunity aimed at accelerating clinical evaluations of ibogaine for Opioid Use Disorder (OUD). Titled ASCENT-IBO, short for Accelerating Safe Clinical ...
cbdMD Moves to Acquire Twinlab
CHARLOTTE – cbdMD, Inc. entered into a definitive asset purchase agreement to acquire the operating assets and brands of Twinlab, including Twinlab, Reserveage, Metabolife and Alvita Tea. The transaction is structured through an assignment for ...
Trump Signs Hemp THC Ban Delay
WASHINGTON – President Donald Trump signed H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, pushing back sweeping federal restrictions on hemp-derived THC products from November 12 to December 11, 2026. Embedded in a must-pass ...
Aurora vs Curaleaf: M&A Clash Reaches Shareholder Decision Point
EDMONTON - STAMFORD – Aurora Cannabis Inc. filed its directors' circular, unanimously urging shareholders to REJECT the unsolicited takeover bid from Curaleaf Holdings Inc., calling the offer inadequate and warning it puts long-term shareholder value ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Some weeks move the needle. The past fortnight moved the whole dial. A Phase 3 breakthrough, a nine-figure pharma bet, a federal price tag on legalization, hemp THC ban delay, and a ...
ATB Cormark Conference: Cannabis Operators Focus on Debt and Cash Flow
NEW YORK – Senior executives from major MSOs, including Green Thumb Industries, Trulieve Cannabis, Verano Holdings, Curaleaf and Vireo Growth are scheduled to hold private meetings with institutional fund managers in Manhattan next week at ...
Cresco Labs Closes Pennsylvania Dispensary Deal
CHICAGO – Cresco Labs Inc. announced the closing of its acquisition of 100% of the outstanding equity interests in PharmaCann Penn, LLC for an aggregate consideration of $50 million. The deal covers nine operational retail ...
