M4MM
Trulieve Redeems $368M in Notes, Signaling Debt Reduction Push
TALLAHASSEE – Trulieve Cannabis Corp. has announced its decision to redeem its entire $368 million portfolio of 8.0% senior secured notes, due in 2026. The company issued the redemption notice, setting an early payoff date ...
Jushi Holdings Reports Q3 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc., a vertically integrated Cannabis operator with footprints in six states, disclosed third-quarter 2025 financials that showed revenue climbing 6.6% year-over-year to $65.7 million, driven by higher wholesales and customer ...
Compass Pathways Advances Psilocybin Therapy Timeline for Depression Treatment
LONDON & NEW YORK – Compass Pathways reported Q3 2025 financial results and signaled a faster path to market for its lead psilocybin-based therapy in treatment-resistant depression (TRD). The biotechnology firm now targets commercialization readiness ...
AYR Wellness Exits Massachusetts in Broad Financial Restructuring
LOS ANGELES – AYR Wellness, a Miami-based multi-state Cannabis operator, is pulling out of Massachusetts as part of a bold restructuring to tackle its financial challenges. The company will close its 90,000-square-foot Milford cultivation facility, ...
Canopy Growth Expands its Presence in Australia
OTTAWA – Canopy Growth Corporation has introduced its Canadian-grown 7ACRES brand to the Australian medical Cannabis market, marking a strategic expansion of its global medical portfolio. The launch, announced on August 5, features two high-THC ...
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Trulieve Redeems $368M in Notes, Signaling Debt Reduction Push
TALLAHASSEE – Trulieve Cannabis Corp. has announced its decision to redeem its entire $368 million portfolio of 8.0% senior secured notes, due in 2026. The company issued the redemption notice, setting an early payoff date ...
Jushi Holdings Reports Q3 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc., a vertically integrated Cannabis operator with footprints in six states, disclosed third-quarter 2025 financials that showed revenue climbing 6.6% year-over-year to $65.7 million, driven by higher wholesales and customer ...
Compass Pathways Advances Psilocybin Therapy Timeline for Depression Treatment
LONDON & NEW YORK – Compass Pathways reported Q3 2025 financial results and signaled a faster path to market for its lead psilocybin-based therapy in treatment-resistant depression (TRD). The biotechnology firm now targets commercialization readiness ...
California Cannabis Brands & Distributors Organize Targeting Tardy Dispensary Payments
SAN FRANCISCO--Cannabis operators Kiva Sales & Service, Lowell Farms, Nabis, Sunderstorm and other key industry players in the world’s largest legal market, today announced the formal launch of Financial Stability for California Cannabis (FSCC), a new coalition composed of industry stakeholders. ...
A Leap Forward: The Psychedelic Revolution in Mainstream Medicine
LOS ANGELES-- Psychedelic-assisted therapy, though still viewed with skepticism by some segments of society, has taken a significant step towards mainstream medical acceptance. The American Medical Association (AMA), a key player in the U.S. healthcare ...
Cannabis Industry Sees Continued Growth Across Various Markets
LOS ANGELES--, The cannabis industry has witnessed a significant expansion in recent years, finding applications in diverse sectors such as cosmetics, pharmaceuticals, and food and beverages, according to a report from Grand View Research. The ...
Glass House Brands Surpasses Expectations in Q1 2023 with Positive Cash Flow and Increased Revenue
LOS ANGELES-- Glass House Brands Inc., a prominent vertically integrated cannabis company in the U.S., has reported impressive financial results for the first quarter ending March 31, 2023. The company registered a net sales growth ...
Review: MJ Unpacked Returns To Light Up New York
3 Big Hits From MJ Unpacked in New York By Gregory Frye If you didn’t make it to MJ Unpacked in New York City late last month, you missed out on a fantastic cannabis conference. ...
Green Thumb Industries Grapples with Federal Complaints and Union Negotiations Amid Employee Strikes
LOS ANGELES-- Illinois-based cannabis company, Green Thumb Industries is navigating stormy waters as it continues to negotiate employment terms with the International Brotherhood of Teamsters. This follows a nearly two-week-long strike at several of Green ...
MediPharm Labs Reports Strong Financial Results and Progress Towards Profitability
LOS ANGELES-- MediPharm Labs Corp., a pharmaceutical company specializing in precision-based cannabinoids, has announced its financial results for the first quarter ended March 31, 2023. The company's performance reflects progress towards profitability and significant milestones ...
Oklahoma Cannabis Industry Successfully Navigates Contentious Legislative Session
OKLAHOMA-- Despite concerns over a potential crackdown on Oklahoma's medical cannabis market following the failure of a recreational marijuana legalization ballot question in March, the state's cannabis industry has managed to avoid a disastrous outcome ...
New US Senate Hearings: Why is The SAFE Banking Act Important?
LOS ANGELES--The Safe Banking Act, a bill that would provide a safe haven for banks and financial institutions that work with legal cannabis businesses, is under discussion in Congress. If passed, the Act would allow ...
RIV Capital Provides Regulatory and Operational Update on New York’s Revised Cannabis Regulations
NEW YORK -- RIV Capital Inc, an acquisition and investment firm focused on developing a leading multistate platform with a robust portfolio of brands in strategic U.S. markets, has shared a regulatory and operational update ...
Uncomfortably High: Many Cannabis Labels Found Inflating THC Levels
LOS ANGELES--Legal cannabis products sold in the United States are required by law to report their THC potency, or the percentage of tetrahydrocannabinol by dry weight, on the packaging. However, concerns have been raised about ...
Neptune Wellness Solutions Announces Pricing of Public Offering to Raise $4 Million for Expansion and Acquisitions
Neptune Wellness Solutions Inc., a company specializing in plant-based and sustainable lifestyle brands, has announced the pricing of its public offering, which aims to raise approximately US$4 million. The offering consists of 12,121,212 common shares ...
New York Unveils Revised Cannabis Regulations, Opening Doors to Recreational Market and Consumption Sites
NEW YORK New York's highly anticipated revised cannabis industry regulations were released on Wednesday by the Office of Cannabis Management, sparking excitement among stakeholders who promptly began analyzing the document for significant changes. The new ...
Rainbow Realty Group and Co-Lenders Close Senior Mortgage for High-End California Cannabis Cultivator Property
Rainbow Realty Group II, LLC has announced the closing of a senior mortgage secured by a state-of-the-art cannabis cultivation property in Santa Ana, California. The senior mortgage was issued in collaboration with Sweet Leaf Madison ...
Ascend Wellness Holdings Appoints John Hartmann as CEO, Prepares for Next Growth Phase
LOS ANGELES-- Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator dedicated to improving lives through cannabis, has announced the appointment of John Hartmann as the new Chief Executive Officer, effective May 15th. As ...
