M4MM
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Distru Secures $6 Million Series A to Expand Cannabis ERP Leadership
LOS ANGELES- Distru, a enterprise resource planning (ERP) platform serving the cannabis industry, has successfully secured $6 million in a Series A funding round led by Poseidon Investment Management. This strategic investment aims to bolster ...
DEA Schedules Cannabis Rescheduling Hearings for Early 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has outlined a schedule for witness testimony in the ongoing hearing concerning the potential reclassification of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney ...
Week’s In Review: Ohio Legislature Considers Ban on Intoxicating Hemp Products; Florida’s Cannabis Legalization Measure Fails Despite Majority Support; Climate First Bank Introduces Cannabis-Focused Financial Services in Florida; DEA Postpones Cannabis Rescheduling Hearings to 2025
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Curaleaf Secures Massachusetts’ First Cannabis Research License
LOS ANGELES- In a significant development for the cannabis industry, Curaleaf Holdings, Inc., a leading multistate operator, has secured Massachusetts' inaugural cannabis research facility license. The Massachusetts Cannabis Control Commission (CCC) unanimously approved the license ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
CNBX Peer-reviewed Study: “Possible Future Therapeutic Value” for CNBX Proprietary Drug Candidate
Pharmaceuticals Inc. announced today the peer-reviewed publication of its sponsored preclinical study titled "The Effect of Isolated Cannabinoid Extracts on Polypoid Colorectal Tissue" in the International Journal of Molecular Sciences; concluding "possible future therapeutic value" for the ...
Hippo Unwraps New “Earth Friendly” Sustainable Packaging Collection at MJ Unpacked
LAS VEGAS, Sept. 29, 2022 Hippo Premium Packaging a provider of custom packaging and branding solutions to the cannabis and hemp industries, specializes in designing beautiful custom packaging for the cannabis and hemp industries. The ...
ACT Laboratories, Inc. Expands into Massachusetts with the Acquisition of CDX Analytics
LANSING, Mich., Sept. 28, 2022 ACT Laboratories, Inc. a testing company in the legal cannabis and hemp markets, today announced an agreement to acquire CDX Analytics, LLC ("CDX") of Massachusetts "ACT Labs is out to build the foremost, ...
U.S. Customs Border & Protection Agency Selects Orange Photonics LightLab 3 for Portable Cannabis Analyzer Solicitation
NEW LONDON, N.H., Sept. 28, 2022 US Customs Border & Protection Agency has evaluated and selected the LightLab 3 Cannabis Analyzer from Orange Photonics as its field-deployable cannabis testing solution. "Previous to this award, the U.S. ...
Medical Marijuana Market Forecast to 2028
New York - The market growth is attributed to increasing approvals of medical marijuana products and rising acceptance of the medicinal use of marijuana. However, the illegal use of cannabis as a street drug and ...
Clinical Trial on Cannabinoids and Sleep Finds Meaningful Improvements
SAN DIEGO - Radicle Science, an AI-driven health tech B-corp offering the first easy path for health and wellness products to prove their true effects, announced today the results of history's first clinical trial comparing ...
Canopy Growth Announces Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and ...
Ascend Wellness Holdings Initiates Leadership Transition Plan
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, today announced that Chief Financial Officer Daniel Neville and President & Co-founder ...
Convenience Store Operators Uniting to Fight Contraband Tobacco Problem Across Canada
ETOBICOKE, ON - Members of the Ontario Korean Businessman's Association (OKBA) and their national partner association, the United Korean Commerce & Industry Association of Canada (UKCIA), are combining resources to fight the negative impact illegal ...
Ovation Science Announces Participation at MJ Unpacked Conference
VANCOUVER, BC and LAS VEGAS, Sept. 27, 2022 Ovation Science Inc a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, today announced it will be participating and be taking new licensee meetings at ...
Former HubSpot General Counsel John Kelleher Joins Dutchie as General Counsel
BEND, Ore., Sept. 27, 2022 Dutchie today announced that John Kelleher will serve as Dutchie's new general counsel. Kelleher will help to guide Dutchie's culture and growth, with a specific focus on compliance, governmental affairs ...
TRP Opens the first dispensary in los Angeles Brentwood Area with Owith Cookies Brentwood
LOS ANGELES, Sept 27, 2022 TRP continues their nationwide expansion on their home turf, as TRP announces Cookies Brentwood is now open and serving one of Los Angeles' most exclusive and picturesque neighborhoods on San Vicente Boulevard. In an industry ...
The Parent Company Completes the Acquisition of Calma
SAN JOSE - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has acquired the remaining 15% equity of its Calma Weho LLC dispensary following receipt ...
Cannabis Beverages Market to Reach USD 19,063.58 Million by 2028 At a CAGR 54.31%
Pune, India - The global cannabis beverages market size was USD 574.90 million in 2020. The market is slated to grow from USD 915.06 million in 2021 to USD 19,063.58 million in 2028 at a ...
TerrAscend and TRP Announce Partnership To Bring Global Cannabis Brand Cookies Into Pennsylvania Market
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has entered into an agreement with TRP - the cannabis holding and operating company with the exclusive rights to ...
