M4MM
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
DEA Reclassification of Cannabis Raises Regulatory Questions for States
LOS ANGELES- The U.S. Drug Enforcement Administration (DEA) has initiated steps to reclassify cannabis, potentially shifting it to a status similar to regulated medicines such as Tylenol with codeine or some steroids. This federal change ...
5th Circuit Court Rules Federal Ban on Cannabis Users Owning Guns Unconstitutional
LOS ANGELES- The 5th U.S. Circuit Court of Appeals has declared that prosecuting a cannabis user for gun ownership under federal law is unconstitutional, marking a significant ruling that challenges longstanding federal restrictions. The decision ...
Nebraska Certifies Medical Cannabis Ballot Measures for November Election
LOS ANGELES- The Nebraska Secretary of State has officially certified two ballot measures aimed at legalizing medical cannabis and establishing a regulated cannabis industry in the state. The measures, which will appear on the November ...
Cannabis Industry Reacts to Trump’s Endorsement of Florida Legalization Initiative
LOS ANGELES- Former President Donald Trump's recent endorsement of Florida's Amendment 3, which seeks to legalize recreational cannabis in the state, has sparked immediate responses from key figures in the cannabis industry. The proposed constitutional ...
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
AUDACIOUS Completes Transaction to Acquire Lo͞oS
LAS VEGAS - Terry Booth, CEO, announced that Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), has completed its acquisition of Lo͞oS, a cannabinoid-infused shot beverage company, based in Santa Cruz, CA. "We can now go ...
Cantourage Brings First Ugandan Medical Cannabis to Germany via Partnership with Together Pharma
BERLIN–European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the first Ugandan medical cannabis brought to Germany. From today, pharmacies and patients throughout Germany will have ...
Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market
LAS VEGAS– Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health (GTH), a subsidiary ...
Health Canada Allow Physicians to Request Banned Drugs on Behalf of Patients
OTTAWA–In a groundbreaking decision, the Canadian government is changing the way patients can access psychedelic therapies with restricted drugs, including MDMA and psilocybin. Through an amendment to federal regulations, Health Canada is now allowing physicians to request ...
AWAKN Shares Data from Phase 2 Study for Treating Alcohol Abuse with Ketamine
TORONTO–Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics (medicines and therapies) to treat addiction, is delighted to announce ground-breaking positive data from their Phase II ...
A LIFE IN A DAY: Mitch Pfeifer: CEO: Respect My Region
MITCH PFEIFER is the founder and CEO of leading cannabis and music media platform Respect My Region. With a rich entrepreneurial background in digital marketing, and cannabis, Pfeifer has deep experience in highly regulated industries, ...
Cannabis Sales in Arizona Top $1.2 Billion in First 11 Months of 2021
PHOENIX–The Arizona Department of Revenue reported more than $1.23 billion in combined cannabis adult use & medical sales through the first 11 months of 2021, indicating that the state's cannabis industry is continuing to expand. ...
Viola Closes $13 Million Bridge Round
LOS ANGELES–Viola, the leading Black-owned multinational cannabis brand, rooted in building equity within the space, announced the closing of a $13 million equity funding round. DelMorgan & Co., an internationally recognized investment banking firm headquartered ...
Better U Announces a Team of Physicians to Enhance At-Home Psychedelic-Assisted Therapy
LOS ANGELES - Better U, at-home psychedelic-assisted therapy has announced its team of medical experts to enhance the benefits of their integrative psychedelic-assisted therapy experience for patients. Better U offers safe, legal, and effective online ...
Halo Collective Expands into Functional Beverages
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and ...
Cantourage brings Ugandan medical cannabis to Germany through partnership with Israel’s Together Pharma
BERLIN - European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the Ugandan medical cannabis brought to Germany. From today, pharmacies and patients ...
Field Trip Receives US Patent Covering Novel Psychedelic Molecule
TORONTO--Field Trip Health Ltd. (NASDAQ: FTRP, TSX: FTRP), a global leader in the development and delivery of psychedelic therapies, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance ...
New Global Coalition Launches to Secure Rescheduling of Psilocybin Under 1971 UN Convention on Psychotropic Substances
Today marks the launch of the International Therapeutic Psilocybin Rescheduling Initiative (ITPRI), a global coalition working to promote and secure a rescheduling of psilocybin under the 1971 Convention on Psychotropic Substances. Psilocybin is the active ...
Day Three Labs Acquires Pharmaceutical-Grade Cannabinoid Infusion Technology
DENVER–Day Three Labs (DTL), a cannabinoid CPG ingredient manufacturer specializing in the development and commercialization of novel cannabis product solutions, has acquired a patented pharmaceutical-grade cannabinoid infusion technology developed by a leading Israeli bioscience company. ...
States Surpass $10 Billion in Tax Revenue from Legal, Adult-Use Cannabis Sales
Washington, D.C. — The Marijuana Policy Project has released a new report on tax revenue generated from state-legal, adult-use cannabis since 2014 when sales began in Colorado and Washington state. As of December 2021, states ...
