M4MM
Flower by Edie Parker Teams Up with Verano for Florida Cannabis Debut, Spotlights Rapper JT in Promo Campaign
MIAMI – Flower by Edie Parker, a female-founded, premium Cannabis brand known for its vibrant designs, has struck an exclusive deal with Verano Holdings Corp. to roll out its products across the Sunshine State's medical ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
Snoop Dogg’s Death Row Cannabis Enters Ohio Market
COLUMBUS – Death Row Records Cannabis, the Cannabis brand launched by rapper and entrepreneur Calvin Cordozar Broadus Jr., commonly known as Snoop Dogg, has expanded into Ohio through a partnership with Pure Ohio Wellness. This ...
Trump Considers Shift in Federal Cannabis Rescheduling
LOS ANGELES – President Donald Trump is exploring a move to reclassify Cannabis from Schedule I to Schedule III under federal law, according to a report from The Wall Street Journal. The potential policy shift, ...
Village Farms International Reports Q2 2025 Financial Results
VANCOUVER – Village Farms International, Inc. reported its financial results for the second quarter of 2025, indicating record profitability and performance of strategic shifts, including the privatization of parts of its produce segment, which has ...
Canopy Growth Corp Reports Q1 FY2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. released its financial results for the first quarter of fiscal year 2026, ending June 30, 2025, showcasing a 9% increase in net revenue to $72.1 million compared to $66.2 ...
Flower by Edie Parker Teams Up with Verano for Florida Cannabis Debut, Spotlights Rapper JT in Promo Campaign
MIAMI – Flower by Edie Parker, a female-founded, premium Cannabis brand known for its vibrant designs, has struck an exclusive deal with Verano Holdings Corp. to roll out its products across the Sunshine State's medical ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
New York Lawmakers Greenlight Cannabis Sales to Tribal Nations, Aiding Retail Rollout
NEW YORK- In a significant development for New York's cannabis industry, lawmakers have approved a bill that permits licensed cannabis farmers to sell their products to tribal nations with established cannabis markets. This move comes ...
Cannabis Industry Giant Glass House Faces Lawsuit Alleging Illicit Market Activities
LOS ANGELES-- In a daring move that has caught the attention of the cannabis industry, Catalyst Cannabis Co.'s CEO, Elliot Lewis, has taken legal action against Glass House Brands, one of California's leading cannabis mega-growers. ...
Aurora Cannabis Inc. Reports Adjusted EBITDA in Q3 2023
LOS ANGELES-- Aurora Cannabis Inc., a Canadian cannabis company released its financial and operational results for the third quarter and fiscal year 2023, demonstrating positive momentum and a commitment to financial discipline. The company's ongoing ...
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 ...
