M4MM
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
Criticism Mounts Over New York’s Social Equity Cannabis Fund for High Costs and Limited Impact
LOS ANGELES- New York’s Social Equity Cannabis Investment Fund, a public-private initiative launched to support individuals disproportionately affected by cannabis prohibition, has faced growing criticism over its high operating costs and limited results. Since its ...
Delaware Awards First Cannabis Cultivation and Manufacturing Licenses in Initial Lottery
LOS ANGELES- Delaware has initiated its adult-use cannabis licensing process, awarding the first cultivation and manufacturing permits through a lottery held on October 24, 2024. This inaugural lottery, organized by the Office of the Marijuana ...
Cybin Secures Patent for CYB005 Program in Push for New CNS Disorder Treatments
LOS ANGELES- Cybin Inc., a neuropsychiatric biopharmaceutical company, announced that it has secured a U.S. patent (No. 12,122,741) covering the composition of matter for key molecules in its CYB005 program. This patent represents a strategic ...
Unlicensed New York Cannabis Retailer Hit with $9.5 Million Judgment
LOS ANGELES- A New York Supreme Court judgment has ordered George West, owner of Jaydega 7.0 in Canandaigua, to pay $9.5 million after findings that his business sold cannabis products without the required state license. ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
Global Cannabidiol Oil Market Intelligence Report to 2027
Dublin - The Global Cannabidiol Oil Market is projected to reach USD 3,742.28 million by 2027 from USD 877.66 million in 2021, at a CAGR 27.34% during the forecast period. Market Statistics: The report provides ...
Curaleaf Launches Plant Precision, New Product Line Targeting Specific Health and Wellness Categories
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of Plant Precision, a curated collection of edibles and a topical gel ...
TerrAscend to Delight NJ Shoppers with an Immersive Cookies Experience
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced with Cookies, a globally recognized cannabis and lifestyle brand, the opening of New Jersey's first-ever "Cookies Corner" ...
Neptune Provides Sprout Organics Distribution Update
LAVAL, QC and MONTVALE, N.J. - Today Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, is providing a ...
Global Cannabis Extract Market to Surpass US$ 32,597.2 Million by 2030
Seattle - According to Coherent Market Insights, the global cannabis extract market is estimated to be valued at US$ 9,125.8 million in 2022 and expected to exhibit a CAGR of 17.3 % over the forecast ...
The Valens Company Announces Nomination of Independent Director to Board of Directors
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a leading manufacturer of branded cannabis products, today announced that Ms. Aïda Moudachirou-Rébois, Senior Vice President and Global Chief Marketing Officer at MAC Cosmetics, ...
Tilray Medical Launches Cannabis Education Platform ‘WeCare-MedicalCannabis’ Across Europe
NEUMÜNSTER, Germany - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical ...
Cannabis Seeds Market To Observe Highest CAGR Growth of 18.70 by 2029
NEW YORK - Data Bridge Market research has recently released expansive research titled "Global Cannabis Seeds Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market ...
Canopy Growth Announces Closing of Previously Announced Exchange Transaction
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has closed its previously announced exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations ...
MariMed Announces Kitchen Expansion in Maryland
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its wholly owned subsidiary, Kind Therapeutics USA, has received approval from the Maryland Medical ...
Clever Leaves Announces First Export to Israeli Partner InterCure
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the first commercial export to Israel of high THC Flower for medical use ...
Small Cannabis Farmers Join Forces to Create a Crypto-Exclusive Cannabis Community
MENDOCINO, Calif. - A group of California cannabis farmers, led by legacy farmer and entrepreneur Justin Calvino, are coming together to build Emerald Road, a crypto-exclusive digital cannabis community. The advanced e-commerce platform will connect ...
Tilray Brands’ CANACA Joins this Year’s Calgary Stampede and Releases ‘Wild West’ Product Lineup
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced the ‘Wild West’ ...
Harborside Inc. Changes Name to StateHouse Holdings Inc.
OAKLAND, CALIF., AND TORONTO - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF ), announced that it will complete the previously announced name change to StateHouse Holdings Inc. on July 25, 2022. The Company previously filed articles ...
Analysis: Flower Continues to Dominate US, Canadian Cannabis Markets
SANTA MONICA, CALIFORNIA-According to data from the International Journal of Drug Policy, cannabis users in the United States and Canada prefer marijuana flower to other product formulations. Researchers from the University of Waterloo in Ontario, ...
