M4MM
Maryland House Committee Advances Bill to Exempt Certain Cannabis Transactions from State Sales Tax
LOS ANGELES- The Maryland House Ways and Means Committee approved House Bill 619, legislation designed to exempt specific cannabis-related transactions from the state's sales and use tax. The bill, introduced on January 23, 2025, seeks ...
Federal Indictment Uncovers Extensive Illegal Cannabis Operation on Navajo Nation
LOS ANGELES- A federal grand jury indicted Dineh Benally, 48; his father, Donald Benally, 74; and business associate Irving Rea Yui Lin, 73, on charges related to an illicit cannabis cultivation enterprise spanning New Mexico ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
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. ...
Cannabis Vape Crisis Raises Key Questions About Cannabis Product Safety
LOS ANGELES — The vape contaminant crisis has significantly impacted the cannabis industry, raising crucial questions about product safety and consumer awareness. Amid this complex landscape, several industry leaders are working to address these issues ...
EU Investigates Italy’s Proposed Ban on CBD and Hemp Flowers
LOS ANGELES- The European Commission has launched an investigation into the Italian government’s proposed ban on CBD and hemp flowers, following concerns that the move may violate EU regulations. Italy's far-right government, under Prime Minister ...
Maryland House Committee Advances Bill to Exempt Certain Cannabis Transactions from State Sales Tax
LOS ANGELES- The Maryland House Ways and Means Committee approved House Bill 619, legislation designed to exempt specific cannabis-related transactions from the state's sales and use tax. The bill, introduced on January 23, 2025, seeks ...
Federal Indictment Uncovers Extensive Illegal Cannabis Operation on Navajo Nation
LOS ANGELES- A federal grand jury indicted Dineh Benally, 48; his father, Donald Benally, 74; and business associate Irving Rea Yui Lin, 73, on charges related to an illicit cannabis cultivation enterprise spanning New Mexico ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
High Tide, Welcomes Decision to Permit White Label Products in Ontario
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), Canada's cannabis retailer, with 113 cannabis retail stores currently operating nationwide, including 34 in Ontario,1 welcomes the Alcohol and Gaming Commission of Ontario's ...
Cannabics Pharmaceuticals Changes Name to CNBX Pharmaceuticals
TEL AVIV, Israel and BETHESDA, Md. - Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), announced that it has changed its corporate name to "CNBX Pharmaceuticals Inc." The Company's new brand identity reflects the significant transformation that has ...
Cannabis Amnesty Partners With Toqi, Aurora Cannabis to Create Economic Opportunity With Toqi Fellowship
TORONTO - TOQi Technologies Ltd., has partnered with Cannabis Amnesty, a not-for-profit organization dedicated to righting the historical wrongs created by cannabis prohibition, to launch the TOQi Fellowship for Cannabis Amnesty. The inaugural Fellows, who ...
Trees Enters Into Definitive Agreement to Acquire Camp Cannabis Retail Stores in Ontario
TORONTO - Trees Corporation (NEO: TREE), a next-now cannabis company at the intersection of community, content, and commerce, is pleased to announce that it its wholly-owned indirect subsidiary, OCH Ontario Consulting Corp. has entered into ...
Foliumed, Huge Exporter of Medical Cannabis From Colombia to Australia
LIMBURG, Germany - FoliuMed, a medical cannabis company with manufacturing operations in the German city of Limburg and cultivation in South America, shipped the biggest ever delivery of medical cannabis from Colombia to Australia. Australia ...
Lifeist Reports Fourth Quarter and Full Year 2021 Financial Results
TORONTO - Lifeist Wellness Inc. (FRANKFURT: M5B) (OTCMKTS: NXTTF), reported its financial results for year ended November 30, 2021. All financial figures are in Canadian dollars unless otherwise indicated. Fourth Quarter 2021 Highlights While net ...
Megatrends: CEO’s of TLRY, OGGFF, BYND, BIRD Focus on Next Wave of Billion Dollar Market Opportunities in Cannabis, and Plant-Based Lifestyles
NEW YORK - Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Tilray, Inc. (NASDAQ:TLRY), ORAGIN Foods (OTC: OGGFF) (TSX.V: OG), ...
Adastra Announces Completed Submission of Controlled Substances Dealer’s License Application
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) a Health Canada Licensed cannabis company focused on processing, sales, organoleptic testing and analytical testing, announced that it completed the submission of its application for ...
Resonate Blends Expands Koan Cordial Retail Strategy and Footprint in California
CALABASAS, Calif. - Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company, is pleased to announce they have expanded their retail network in California to include Cornerstone Wellness , Atrium and Canni Delivery. Resonate ...
Ayr Wellness Launches Entourage Vape Offerings in Florida
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the launch of Entourage vapes, one of the Company’s ten national brands, in its Florida footprint. Sales of Entourage begin ...
Premier Hemp Labs and Leading CBD Retailer Call for Industry Reform and Standardized Testing
LAS VEGAS - As cannabinoids become more mainstream and the hemp and cannabis industries evolve, it should be commonplace for consumers to find high-quality options based on their product labels. Consumers relying on the information ...
Forian Inc. Announces Fourth Quarter and Full Year 2021 Financial Results
Newtown, PA- Forian Inc. (NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, announced results for the quarter and year ended December 31, 2021. “We have ...
Tyson 2.0, Mike Tyson’s Premium Cannabis Brand, Announces Acquisition of Majority Stake in Ric Flair Drip, Inc.
ORANGE COUNTY, Calif. - Tyson 2.0, legendary boxer, entrepreneur and cannabis advocate Mike Tyson's launched cannabis company, announced the acquisition of a majority stake in Ric Flair Drip, Inc., the 16 time World Heavyweight Wrestling ...
Open Book Extracts Completes Randomized Controlled Trial of Rare Cannabinoids for Pain
ROXBORO, N.C. - Open Book Extracts (OBX), a cGMP-certified manufacturer and distributor of the industry's quality cannabinoid ingredients and finished products, announced the completion of its first randomized, controlled trial on rare cannabinoids, with the ...
Aleafia Health Continues to Gain Share in Adult Use Cannabis Market and Drive International Sales Growth
TORONTO - Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) provided a corporate update demonstrating that the Company continues to deliver market share advances by focusing on the highest revenue generating dried flower, pre-roll, and vape ...
