M4MM
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 ...
Pallas Capital Advisors LLC Increases Investment in Tilray Inc.
LOS ANGELES- Pallas Capital Advisors LLC has significantly increased its investment in Tilray Inc, a company in the cannabis industry. According to the firm's latest 13F filing with the Securities and Exchange Commission, Pallas Capital ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
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 ...
DEA’s Postponement of Cannabis Rescheduling Raises Uncertainty for Industry
LOS ANGELES- The Drug Enforcement Administration (DEA) has delayed the decision to reschedule cannabis under the Controlled Substances Act (CSA) until after the 2024 presidential election, creating significant uncertainty in the ongoing cannabis reform debate. ...
Red Light Holland Reports Q1 2025
LOS ANGELES- Red Light Holland, an Ontario-based corporation specializing in the production, growth, and sale of functional mushrooms, mushroom home grow kits, and psilocybin truffles, has announced its financial and operational results for the three ...
Pakistan Enters Global Hemp Market with Plans for 2025 Cultivation
LOS ANGELES- Pakistan is set to join the global hemp market by allowing commercial cultivation of hemp beginning in January 2025. This strategic move is aimed at enhancing the country’s economy through increased foreign exchange ...
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 ...
Pallas Capital Advisors LLC Increases Investment in Tilray Inc.
LOS ANGELES- Pallas Capital Advisors LLC has significantly increased its investment in Tilray Inc, a company in the cannabis industry. According to the firm's latest 13F filing with the Securities and Exchange Commission, Pallas Capital ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
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 ...
Tilray, Inc. Reports Second Quarter Fiscal Year 2022 Financial Results, Changes Name
NEW YORK–Tilray reported Monday its financial results for the second fiscal quarter ended November 30, 2021, with net revenue of $155 million, up by around 20% from $129 million in the same period year ago and down from $168 million ...
Pet Releaf Introduces Higher Potency Hemp Oil and Liposomes
DENVER - Pet Releaf, the CBD hemp health brand for pets, announces two new higher potency CBD products for pet parents with larger dogs or who have multiple pet companions. Pet Releaf first released the ...
Trulieve to Offer Live Diamonds, Company’s Hydrocarbon Extraction Product
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the U.S., announced the launch of Live Diamonds by Muse™. Live Diamonds are the innovation from Trulieve's state-of-the-art hydrocarbon extraction lab, ...
DNVR[8] Announces 4 New CBD Products
DENVER - DNVR8 announced four new CBD products to its lineup. In addition to being 100% vegan, and melatonin-free, their new product offerings bring the increased bioavailability of nano-emulsified CBD to the table for their ...
Canntab Delivers 1st Shipment to the Ontario Cannabis Store and 2nd Shipment to Australia
TORONTO - Canntab Therapeutics Limited (CSE:PILL.CN) (OTCQB:CTABF) (FRA:TBF1.F), an innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to provide an update on its recent product deliveries for Ontario ...
Apollon Formularies Enters Agreements with CLA-Licensed Medical Cannabis Cultivators
LONDON - Apollon Formularies plc (AQSE: APOL), a UK based international medical cannabis pharmaceutical company trading on AQSE Growth Market, announced that the Company has signed more than a dozen Tripartite Agreements with Cannabis License ...
CannTrust Throws In the Towel, Warns of ‘Orderly Wind-Down’
VAUGHAN, ONTARIO–CannTrust Holdings Inc. (unlisted) today announced that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 has been implemented. The implementation of the CCAA Plan follows its approval ...
New York Plans $200 Million Fund To Support Social Equity License Applicants
ALBANY- Governor Kathy Hochul of New York has announced her administration's intention to establish a $200 million public-private fund to promote social equity applications in the state's legal cannabis business, which is expected to be ...
MariMed Announces Agreement to Acquire Kind Therapeutics in Maryland
NORWOOD, Mass.-- MariMed Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced that it has entered into a definitive agreement to acquire Kind Therapeutics U.S.A., LLC, a leading ...
Clark Hill’s Roy Sexton Appointed President-Elect of 2022 Legal Marketing Association Board
DENVER–The Legal Marketing Association (LMA), which represents thousands of legal marketing and business development professionals around the globe, announced that Roy Sexton has been appointed President-Elect to the 2022 LMA Board of Directors. His appointment ...
Five Vicente Sederberg Attorneys Included in 5280’s List of ‘Denver’s Top Lawyers 2022’
DENVER — Five attorneys from Vicente Sederberg LLP are included in 5280 magazine's list of "Denver's Top Lawyers 2022," which was released over the weekend. Founding partners Christian Sederberg and Brian Vicente were recognized for the seventh consecutive year, ...
Gary Vaynerchuk Announces Inaugural Green Street Cannabis Festival, Complete with Hip Hop & Culinary Stars
LOS ANGELES- Today, Green Street announced their inaugural festival for May 13th & 14th, 2022. The Green Street Festival will feature the city's top restaurants, the state's leading Cannabis brands, and the world's top entertainers ...
Leaders Across California Cannabis BIPOC & Legacy Farming to Rally At State Capitol Jan. 13
OAKLAND– In response to Governor Newsom's January 10 release of the 2022 California state budget - in which he and his Administration promise tax reform and to better support California's small licensed operators - a ...
A LIFE IN A DAY: Elana Goldberg: CEO: Cannigma
ELANA GOLDBERG is the CEO of The Cannigma. Born and raised in Sydney, Australia, she currently lives in Israel with her husband, two kids and a neurotic dog. She has 15 years of experience developing ...
