M4MM
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Mississippi Dispensary Owner Challenges State’s Medical Cannabis Advertising Ban in Supreme Court
LOS ANGELES- In March 2025, Clarence Cocroft, owner of Tru Source Medical Cannabis in Olive Branch, Mississippi, petitioned the United States Supreme Court to review the state's prohibition on advertising for medical cannabis businesses. This ...
IM Cannabis Corp Reports Significant Growth in German Market
LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed ...
Bipartisan Legislation Introduced to Facilitate Expungement of Pardoned Federal Offenses
LOS ANGELES- On November 22, 2024, Representative Kelly Armstrong (R-ND) introduced H.R. 10248, known as the Weldon Angelos Presidential Pardon Expungements Act, in the U.S. House of Representatives. The bill, which has been referred to ...
Global Developments in Cannabis Legalization in 2023
LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Mississippi Dispensary Owner Challenges State’s Medical Cannabis Advertising Ban in Supreme Court
LOS ANGELES- In March 2025, Clarence Cocroft, owner of Tru Source Medical Cannabis in Olive Branch, Mississippi, petitioned the United States Supreme Court to review the state's prohibition on advertising for medical cannabis businesses. This ...
IM Cannabis Corp Reports Significant Growth in German Market
LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed ...
West Michigan Cannabis Workers Celebrate 4/20 By Saying “Union Yes!”
GRAND RAPIDS, Mich. - The United Food and Commercial Workers (UFCW) Local 951 announced that workers at Heritage Provisioning, a Battle Creek retail cannabis facility, became the first such group to authorize union representation in ...
Pharmaceutical Industry in South Africa 2022 and the Government’s Cannabis Masterplan
Dublin - The "Pharmaceutical Industry in South Africa 2022" report has been added to ResearchAndMarkets.com's offering. The importance of the pharmaceutical industry has been amplified by the global health crisis. South Africa has the world's ...
This Week: New Jersey Starts Sales of Recreational Cannabis on April 21st, 2022
TRENTON- New Jersey voters passed cannabis legalization in 2020, and you're probably aware that cannabis can now be legally purchased in the state as of Thursday, April 21st. The Cannabis Regulatory Commission has approved seven ...
Off-Duty Cops in New Jersey Can Get Stoned, Says State’s Attorney General
TRENTON-New Jersey Attorney General Matthew Platkin stated last week that under the state's new cannabis legislation, off-duty cops will be able to buy and consume cannabis. In a statement emailed to New Jersey police departments ...
Can a Cannabis Company Pay a Commission to Someone Who Helps Raise Capital?
NEW YORK––There are some horrible stories of people getting ripped-off by so-called cannabis capital raise experts. Cannabis companies cannot, and in almost all cases, should not, pay any kind of fees to an unlicensed broker. ...
Harvard University: Psilocybin Appears To Protect Against Opioid Use Disorders
PORTLAND- Adults who have used psilocybin – a psychedelic drug found in hallucinogenic mushrooms – at some point in their life are 30 percent less likely to develop opioid use problems, according to a new ...
MJUnpacked: New York City: Where Established Investors Meet Brands & Retailers
NEW YORK—MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, returns May 18-20 in New York City. MJ Unpacked is the first national cannabis event exclusive ...
Verano’s Zen Leaf Elizabeth and Lawrence Dispensaries Ready to Welcome New Jersey Personal Use Cannabis Customers
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, celebrated the New Jersey Cannabis Regulatory Commission’s announcement that personal use cannabis sales will commence in the state on Thursday, April 21, ...
MariMed Receives Maryland State Approval for Transfer of Ownership of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced that the Maryland Medical Cannabis Commission (MMCC) has approved the transfer of 100% of the ownership of ...
TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has entered into a definitive agreement to acquire KISA Enterprises MI, LLC and KISA Holdings, LLC, a dispensary operator ...
Spanish Police Bust ‘Europe’s Biggest’ Cannabis Grow
MADRID- In an operation to remove what police said was Europe's largest cannabis plantation, Spanish officials destroyed 415,000 hemp plants valued up to 100 million euros ($108 million). Around 50 tonnes of the plants were ...
Cannabidiol Market to hit USD 56.2 Billion by 2028, Says Global Market Insights Inc.
Selbyville, Delaware - The cannabidiol market value is projected to cross USD 56.2 billion by 2028, according to a new research report by Global Market Insights Inc. Increasing utility of cannabidiol in the pharmaceutical industry ...
The Valens Company Reports First Quarter Fiscal 2022 Financial Results
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its first quarter fiscal year 2022 financial results for the period ended February 28, 2022. ...
Curaleaf’s Select Brand Celebrates 4/20 With Limited-Edition Cliq Elite Live Strain in California
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a international provider of consumer products in cannabis, announced that its Select brand has partnered with Los Angeles based artist James Haunt for the ...
Study: Psilocybin Rewires Brain Connections To Help Alleviate Depression
SAN FRANCISCO-According to a new study by experts at UC San Francisco and Imperial College London, psilocybin promotes stronger connections between different parts of the brain in depressed people, liberating them from long-held patterns of ...
