M4MM
British American Tobacco Invests $86.8 Million in Organigram
LOS ANGELES- British American Tobacco (BAT), one of the world's largest tobacco companies, has finalized a strategic investment of approximately $86.8 million (C$124.6 million) in Organigram Holdings Inc., a prominent Canadian cannabis producer. This investment, ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
Industrial Hemp Market Poised for Growth, Projected to Reach $25 Billion by 2032
LOS ANGELES-The industrial hemp market is projected to grow substantially, with a forecasted compound annual growth rate (CAGR) of 17.29% through 2032, reaching an estimated value of $25.33 billion. This growth is primarily driven by ...
Massachusetts Ballot to Decide on Psychedelics Legalization in November
LOS ANGELES- Massachusetts voters are set to decide on a significant measure this November with Question 4, a ballot initiative to legalize certain plant-based psychedelics, including psilocybin, mescaline, and dimethyltryptamine (DMT). If approved, Massachusetts would ...
France: The Investment Landscape of the Medical Cannabis Sector
PARIS — Encouraged by the advances of Germany, the investment climate in France's medical cannabis industry is evolving on a promising trajectory, marked by a transition from a history of strict prohibition and stigma to ...
Cannabis Opportunities in Germany: Positive Outlook for Investment and Innovation
BERLIN — The investment climate in Germany's cannabis market is poised for significant expansion, driven by the global cannabis legalization movement, ongoing regulatory changes, and mounting community and market demand. As the country embraces a ...
British American Tobacco Invests $86.8 Million in Organigram
LOS ANGELES- British American Tobacco (BAT), one of the world's largest tobacco companies, has finalized a strategic investment of approximately $86.8 million (C$124.6 million) in Organigram Holdings Inc., a prominent Canadian cannabis producer. This investment, ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
SCHWAZZE CLOSES ACQUISITION OF EMERALD FIELDS
DENVER–Schwazze, (OTCQX: SHWZ), announced today that it has closed the transaction to acquire MCG, LLC . Emerald Fields is the owner and operator of two retail cannabis dispensaries, located in Manitou Springs and Glendale, Colorado. This successful acquisition is part of the ...
Leaf Trade Announces National Partnership with Curaleaf
CHICAGO -- Leaf Trade, Inc. a wholesale cannabis marketplace that services cannabis sellers, brands, distributors and retailers in 25 markets, today announced a national partnership with Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading ...
Aurora Cannabis Announces Fiscal 2022 Second Quarter Results
EDMONTON, AB- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. "During the second quarter, we improved our Adjusted EBITDA ...
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing
OAKLAND– Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing with Pelorus Equity Group and to ...
Village Farms International Appoints Ann Gillin Lefever as Executive Vice President of Corporate Affairs
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. ...
High Tide Closes Acquisition of Bud Room, Securing Ownership of Fastendr™ Retail Kiosk and Smart Locker Technology
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, ...
Thailand Becomes First Asian Country To Decriminalize Cannabis
BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the ...
Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SOUTH SAN FRANCISCO, Calif. - Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns ...
New York Office of Cannabis Management Cracks Down On Businesses ‘Gifting’ Cannabis
NEW YORK–The head of New York state’s Cannabis Control Board has declared that businesses that are giving away cannabis as a promotion with the purchase of an overpriced T-shirt, lighter or other item are breaking ...
Mydecine’s Exclusive Dealer Identified as Licensed Psilocybin and MDMA Supplier in Canada
VANCOUVER, British Columbia, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company”), a biotechnology company aiming to transform the treatment of mental health and ...
HEXO Provides Update on “The Path Forward”; Identifies $15 Million in Cost Savings
GATINEAU, Quebec–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis ...
Unrivaled Brands Expands Product Offering Through Distribution Agreement with POTTERS Cannabis Co.
SANTA ANA -- Unrivaled Brands, Inc. (OTCQX: UNRV) today announced a distribution agreement with POTTERS Cannabis Co., a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California ...
Gage Growth Corp. Launches Pure Beauty Products in Michigan Stores
DETROIT–Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), a premium cannabis brand and operator in Michigan, announced that the Company will launch products from Pure Beauty, starting Friday, February 11th. Gage previously announced an exclusive five-year ...
Two More Studies Link Cannabis Use to Greater Levels of Exercise
CAMBRIDGE, United Kingdom–In two representative studies published last year, an association was observed that cannabis users have greater levels of physical activity compared to those who did not use cannabis. Authors of the first study, published ...
Vilsack Calls Out Hemp During Announcement of USDA’s $1 Billion Climate Investment
JEFFERSON CITY U.S. Agriculture Secretary Tom Vilsack (featured picture) paid a visit to Lincoln University on Monday and announced that the USDA will invest $1 billion in climate-smart commodities and provide funding for pilot projects. ...
