M4MM
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
Minnesota’s Cannabis Office Initiates Grant Program for Communities Affected by Prohibition
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has introduced the CanRenew Community Restoration Grants, a program designed to support communities disproportionately impacted by past cannabis prohibition policies. In 2025, the program will allocate ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Navigating The Cannabis License Application Process in Connecticut
HARTFORD, CONNECTICUT– It was sometime in January of 2021 when Governor Ned Lamont announced that cannabis consumption and sales would become legal in the Constitution State. White Oak Apothecary, back then formed by just my ...
House Lawmakers Approve Legislation to End Federal Cannabis Prohibition
LOS ANGELES - A majority of the US House of Representatives approved the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, or H.R. 3617, in a floor vote on Friday. The MORE Act removes cannabis from ...
Verano Welcomes Ohio Medical Cannabis Patients at Prime New Location for Zen Leaf Canton Dispensary
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the reopening of Zen Leaf Canton in its new location at 3224 Cleveland Ave NW on Monday, April 4th at 10 ...
Clever Leaves Ready to Export Dried Flower From Colombia
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced that after the issuance of Joint Resolution 539 of 2022 by the Colombian Government, ...
Verano Opening Marco Island Cannabis Dispensary, MÜV Marco Island
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of Marco Island cannabis dispensary, MÜV Marco Island, the Company’s 44th location statewide. MÜV Marco Island, located at 695 ...
Ayr Wellness Announces New Launches for Secret Orchard, LEVIA, STiX Preroll Co., and Origyn Extracts
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, today announced several milestones in its branded-CPG portfolio, which include new launches for Secret Orchard, LEVIA, STiX Preroll Co., and Origyn ...
4Front Ventures Announces Q4 and FY 2021 Financial Results and Provides Business Update
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. All financial information ...
Charlotte’s Web Among Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. has achieved a milestone becoming one of the first companies to receive validation of its Novel Food applications from the UK Food Standards Agency for ...
Leaders: Moderna, Tilray, PharmaDrug, and Vinco; Highlight New Trends in Vaccines, Biotech, Digital Media, and Consumer Brands
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: Moderna, Inc. (NASDAQ: MRNA), PharmaDrug (OTC: LMLLF) (CSE: PHRX) ...
Harborside Inc. Announces Completion of Mandatory Conversion of all Multiple Voting Shares to Subordinate Voting Shares
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, is pleased to announce that it has completed the mandatory conversion of all of its issued and outstanding multiple voting ...
Canopy Growth Announces Leadership Appointments and Addition of Strategic Executive Resources
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced the appointment of Judy Hong and Jonathan Di Tosto to its Executive Management Team, along with ...
Psilocybin Could Be Effective in Reducing Weight Gain New Study Shows
LOS ANGELES- Psychedelic company NeonMind announced that psilocybin can significantly reduce weight gain in obese patients by targeting visceral fat. When paired with therapy, psilocybin, the hallucinogenic ingredient in magic mushrooms, has long been regarded to be ...
Greenlane Reports Record Q4 2021 Revenue of $56.0 Million, Loses $7 Million
BOCA RATON–Greenlane Holdings, Inc. (NASDAQ:GNLN), one of global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the fourth quarter and full year ended December 31, 2021. Recent ...
RIV Capital Plan To Acquire Etain LLC
TORONTO — March 30, 2022 — RIV Capital, Inc. (CSE: RIV) (OTC: CNPOF) today announced a definitive agreement to acquire ownership and control of Etain LLC and Etain IP LLC, owners and operators of legally ...
Trulieve Cannabis Posts 24% Profit Increase As Demand For Cannabis Soars
LOS ANGELES– On Wednesday, Trulieve Cannabis Corp (TRUL.CD) announced a 24 percent increase in fourth-quarter adjusted core profit, owing to high demand for cannabis. Trulieve's stock was trading at C$26.48, up 2.3 percent. The findings ...
