M4MM
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
Tilray Expands U.S. Presence with Acquisition of Four Molson Coors Craft Breweries
LOS ANGELES- Tilray Brands has announced the acquisition of four craft breweries from Molson Coors, marking a significant expansion of its U.S. operations. The financial details of the deal were not disclosed. The acquired breweries ...
Optimi Health and Psyence Biomedical Sign LOI for Psilocybin Supply Agreement
LOS ANGELES- Optimi Health, a GMP-approved and Health Canada-licensed psychedelics pharmaceutical manufacturer, has entered into a non-binding Letter of Intent (LOI) with Psyence Biomedical Ltd. . This partnership positions Optimi as the exclusive supplier of ...
Emerald Cup Unites with Local Oakland Dispensary Lounge Urbana for 20th Anniversary Celebrating Legacy and Community
OAKLAND — As the Emerald Cup marks its 20th anniversary this year, the event continues to evolve while staying true to its roots. Often hailed as the "Academy Awards of Cannabis," the Emerald Cup is ...
Silo Pharma Collaborates with WuXi AppTec for Preclinical MS Research
Silo Pharma Inc. a biopharmaceutical company, has entered into a collaboration with WuXi AppTec to conduct preclinical research on a novel peptide, SPU-16, aimed at treating multiple sclerosis (MS). This partnership focuses on assessing the ...
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
Decibel Announces Closing of its $54 Million Debt Refinancing with connectFirst Increasing its Access to Debt by $20 Million
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF), a cannabis producer, is pleased to announce that it has closed its previously announced financing with connectFirst Credit Union Ltd. in respect of $54 million of ...
Canna Advisors Expands Headquarters to New York & Celebrates with Launch of Inaugural “Pitch Deck” Competition
NEW YORK - Canna Advisors, industry in advisory services for cannabis business development, announced the expansion of their corporate headquarters to New York, NY– supplementing the company's established presence in Boulder, CO. Coinciding with the ...
ANAB Launches Cannabis Certificate Accreditation Program, Providing Quality Assurance to Consumers and Industry
NEW YORK - As part of its long-term effort to support safety, quality, and consumer health amid the continued growth of the cannabis industry, the ANSI National Accreditation Board (ANAB), a wholly owned subsidiary of ...
The Green Organic Dutchman Appoints New Chief Financial Officer
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced the appointment of Ms. Nichola Thompson to the position of Chief Financial Officer of the Company. A finance ...
Cannachange: A New Solution to Increase Sustainability in the Cannabis Industry
LOS ANGELES– (EDITOR: We invited O'Neil Rudolph, the CEO of cannachange to discuss her new business, we thank her for her contributions and insights she shares in this article). The Cannabis Industry produces over 150 ...
The Valens Company to Host Investor Day
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, announced that it will host a virtual Investor Day on February 7, 2022, at 11:00 AM ET. Registration for ...
Schwazze Adds Key Hires to Senior Leadership Team
DENVER - Schwazze, (OTCQX: SHWZ), announced the addition of key roles to support the Company's significant expansion within manufacturing, cultivation, and information technology. As Vice President of Manufacturing and Supply Chain, David Kaufman joined the ...
Ayurcann Holdings Corp. Launches “Fuego” Vapes In Alberta And Announces Symbol Change on OTCQB Market
TORONTO- Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) (FSE: 3ZQ0), a Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 products in ...
Leafy Tunnel Announces First Closing of Medical Cannabis & Psychedelics Fund
LONDON–Leafy Tunnel Ltd, an early stage venture capital firm which acts as the investment adviser to Leafy Tunnel Fund 1, has announced the first closing of its Guernsey-based fund that invests in medical cannabis and psychedelics. The investment strategy of ...
HEXO Provides Nasdaq Listing Update
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO), announced that it received notification from The Nasdaq Stock Market LLC that it is not in compliance with the minimum bid price requirement in Nasdaq Listing ...
GrowGeneration Acquires Horticultural Rep Group
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the nation's chain of specialty hydroponic and organic garden centers, announced the acquisition of Horticultural Rep Group (HRG). "With this acquisition, GrowGen is strengthening its global product supply chain ...
72% of Cannabis Operators: Lack of Banking is Biggest Concern
PORTLAND, Ore. - Whitney Economics, the economic consulting firm in the cannabis industry, has just released its latest report, U.S. Cannabis Business Conditions Survey Report. This report reveals how cannabis industry operators are viewing the ...
4Front Ventures Corp. Closes Accretive Acquisition of New England Cannabis Corporation
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of New England Cannabis Corporation, a cannabis cultivator with state-of-the-art facilities based in ...
The Parent Company Announces Voluntary Extension of Board of Director and Leadership Team Lock-up Agreements
SAN JOSE, Calif - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a California cannabis company, announced that certain insiders have individually voluntarily entered into a twelve-month extension of lock-up agreements with the Company with respect ...
High Tide Announces Unaudited 2021 Financial Results Featuring a 118% Increase in Revenue
CALGARY, AB- High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announces its year end unaudited 2021 financial results on January ...
