M4MM
Stiiizy Halts Sales at Catalyst Outlets as Leadership Clash Deepens
LOS ANGELES – Stiiizy, California's dominant Cannabis brand with a footprint in Arizona, Michigan, and Nevada, has stopped supplying its products to Catalyst Cannabis Co. stores, marking a sharp break in what was once a ...
Arizona Funds Nation’s First Whole-Mushroom Psilocybin Trial Targeting PTSD in Veterans & First Responders
PHOENIX – State officials in Arizona have authorized and financed what amounts to the country's initial controlled study of whole psilocybin mushrooms as a treatment for post-traumatic stress disorder (PTSD) among police officers, firefighters, and ...
Bioxyne Reports Record Revenue, Yet Cash Outflows Climb on Expansion Push
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness products company, posted its highest quarterly revenue on record for the period ended September 30, with sales reaching A$14.1 million, a 210% jump from the ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES - Critical compliance issues, market exits, and clinical and regulatory breakthroughs shaped a turbulent week for cannabis and psychedelics businesses. Cannabis Industry Highlights 1.Cresco Labs Exits California, Refocuses on Profitability Cresco Labs confirmed ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Stiiizy Halts Sales at Catalyst Outlets as Leadership Clash Deepens
LOS ANGELES – Stiiizy, California's dominant Cannabis brand with a footprint in Arizona, Michigan, and Nevada, has stopped supplying its products to Catalyst Cannabis Co. stores, marking a sharp break in what was once a ...
Arizona Funds Nation’s First Whole-Mushroom Psilocybin Trial Targeting PTSD in Veterans & First Responders
PHOENIX – State officials in Arizona have authorized and financed what amounts to the country's initial controlled study of whole psilocybin mushrooms as a treatment for post-traumatic stress disorder (PTSD) among police officers, firefighters, and ...
Bioxyne Reports Record Revenue, Yet Cash Outflows Climb on Expansion Push
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness products company, posted its highest quarterly revenue on record for the period ended September 30, with sales reaching A$14.1 million, a 210% jump from the ...
California’s Garden Society Announces Two-Fold Partnership with Kiva Confections and Kiva Sales and Service
LOS ANGELES-- California-based women-owned cannabis company, Garden Society, has recently announced a two-fold partnership with Kiva Confections and Kiva Sales and Service (KSS), a leader in the cannabis industry. In a bid to expand their ...
Willow Industries Launches Willow Scientific, a New Microbial Consulting Service Suite for the Cannabis Industry
LOS ANGELES-- Willow Industries, a company specializing in cannabis kill-step and decontamination technology, has announced the launch of Willow Scientific, a new tiered suite of microbial consulting services designed to address and solve contamination at ...
Glass House Brands Announces First Quarter 2023 Financial Results Release and Investor Conference Details
LOS ANGELES-- Glass House Brands Inc a vertically-integrated cannabis company in the United States, announced on Monday that it will release its financial results for the first quarter ended March 31, 2023, on Monday, May ...
Multi-State Cannabis Operator Ascend Wellness Holdings Expands to Maryland with Acquisition of Four Dispensaries
LOS ANGELES-- Oregon Secretary of State Shemia Fagan announced on Monday that she has terminated her consulting deal with a cannabis company, Veriede Holdings LLC, after the arrangement was discovered during an audit of the ...
New Research: Terpenes in Cannabis Modulate Interaction Between THC and Its Endogenous Receptor
TEL AVIV, Israel --A new study published in the journal Biochemical Pharmacology has found that terpenes found in the cannabis plant may play a more important role than THC in enhancing the plant's effects. The ...
Colorado Senate Passes Bill to Regulate Psychedelic Substances for Therapeutic Use
LOS ANGELES-- The Colorado Senate has approved a bill aimed at regulating psychedelic substances, following a voter-endorsed initiative. The proposed legislation would establish guidelines for the legal use of psilocybin and psilocyn in authorized therapeutic ...
Aurora Cannabis Expands German Portfolio with Launch of Two New Medical Cannabis Products
LOS ANGELES Aurora Cannabis Inc., a leading manufacturer and supplier of medical cannabis worldwide, announced today the launch of two new high tetrahydrocannabinol (THC) cannabis flower products for medical patients in Germany. The products, Pedanios ...
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 ...
