M4MM

Delaware Moves to Regulate THC-Infused Beverages

DOVER – Delaware's Senate Banking, Business, Insurance & Technology Committee advanced House Bill 373, sending the measure to the Senate Finance Committee and bringing it a step closer to a full Senate vote. The action ...

AMASS Invests in Hemp-Derived THC Beverage Brand Afterdream

LOS ANGELES – AMASS Brands Group, a California-based multi-category beverage platform, has entered into a Simple Agreement for Future Equity (SAFE) in Afterdream, a hemp-derived THC beverage brand. The agreement grants AMASS the right to ...

Nebraska Takes First Step Toward State-Grown Medical Cannabis Supply

LINCOLN – Nebraska’s medical Cannabis program, approved by voters in 2024, has reached a notable early milestone. State regulators recently authorized the first licensed cultivator to begin planting, marking concrete progress in building a regulated ...

Nebraska Takes First Step Toward State-Grown Medical Cannabis Supply

Ora Pharm Completes Helius Acquisition, Becomes New Zealand’s Largest Medical Cannabis Company

AUCKLAND – Ora Pharm has completed the acquisition of the key assets of Helius Therapeutics and restarted manufacturing operations. The agreement covers Helius's EU-GMP-certified production plant, its remaining inventory, and its operating licenses, though it ...

Glass House Brands Triggers Warrant Acceleration

LONG BEACH – Glass House Brands Inc., a major player in California Cannabis production and retail, has told holders of warrants issued in two earlier financing rounds that their right to convert those securities into ...

Week in Review: Cannabis & Psychedelics Industry Highlights

LOS ANGELES – Two weeks of headlines confirm a market sorting itself by balance sheet rather than by ambition. Cannabis is consolidating into a smaller circle of disciplined operators, while psychedelics graduate from pilot programs ...

Delaware Moves to Regulate THC-Infused Beverages

AMASS Invests in Hemp-Derived THC Beverage Brand Afterdream

Nebraska Takes First Step Toward State-Grown Medical Cannabis Supply

Seed Junky Genetics Enters European Medical Cannabis Markets

LOS ANGELES – Seed Junky Genetics, the Cannabis genetics and intellectual property (IP) company, announced a licensing partnership with Green Success Group to enter the European medical Cannabis market, with a coordinated launch across Germany ...

Trulieve Announces Share Buyback Program

TALLAHASSEE – Trulieve Cannabis Corp. announced that its Board of Directors has authorized a share repurchase program, allowing the company to buy back up to the lesser of $50 million in aggregate value or 8,495,038 ...

Michigan Cannabis Wholesale Tax Falls Short of Early Expectations

LANSING – State officials hoped the 24% wholesale tax on adult-use Cannabis, which took effect January 1, would deliver steady money for road repairs. Initial collections tell a different story. The tax generated nearly $34 ...

Village Farms Launches Cultivation at Its Second Dutch Facility

GRONINGEN – Village Farms International, Inc. recently announced the commencement of cultivation at its Phase II cultivation and processing facility in Groningen, the Netherlands, after receiving all required regulatory approvals. The Groningen facility aims to ...

Cresco Labs Secures $50M Revolving Credit Facility

CHICAGO – Cresco Labs Inc. announced the closing of a credit agreement with Needham Bank, giving the company access to a $50 million revolving credit facility. The facility carries a fixed interest rate of 7.99% ...

FundCanna: Institutional Money (Finally) Finds Cannabis

LOS ANGELES – For years, Cannabis operators have built real businesses without access to the financial infrastructure that real businesses normally rely on. That may finally be starting to change. A San Diego-based Cannabis lender ...

Cross-Border Deals Now Define Cannabis M&A

LOS ANGELES – The global Cannabis industry has entered a new phase, one where the most influential deals are no longer being struck in North America, but across continents. The month of June kicked off ...

Week in Review: Cannabis & Psychedelics Industry Highlights

LOS ANGELES – Highly Capitalized Network-HCN tracked meaningful steps in operational strengthening, capital readiness, and program performance across the Cannabis and Psychedelics sectors during the past two weeks. The capital markets finally spoke, and they ...

Trulieve Approved to Uplist to NYSE in Historic Milestone for U.S. Cannabis Industry

TALLAHASSEE, Fla. — June 5, 2026 — In a landmark moment for the U.S. Cannabis industry, Trulieve Cannabis Corp. announced today that it has received approval to list its subordinate voting shares on the New ...

Psilocybin Shows Promise in Treating Cocaine Addiction

BIRMINGHAM – For the first time, a peer-reviewed, randomized clinical trial showed that psilocybin significantly reduced cocaine use when combined with structured psychotherapy. The findings, published in JAMA Network Open by researchers at the University ...