M4MM
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
Dennis Peron: The Gay Revolutionary Who Pioneered Medical Cannabis in America
SAN FRANCISCO-Dennis Peron, the "Father of Medical Marijuana," is a towering figure in the history of cannabis advocacy. His relentless dedication to compassion and justice not only changed the lives of countless patients but also ...
Bipartisan Legislation Introduced to Facilitate Expungement of Pardoned Federal Offenses
LOS ANGELES- On November 22, 2024, Representative Kelly Armstrong (R-ND) introduced H.R. 10248, known as the Weldon Angelos Presidential Pardon Expungements Act, in the U.S. House of Representatives. The bill, which has been referred to ...
Global Developments in Cannabis Legalization in 2023
LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
Item 9 Labs Corp. Announces First Quarter FY 2022 Financial Results
PHOENIX-- Item 9 Labs Corp. (OTCQX: INLB)—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—today reported operating and financial results for the three months ended December 31, 2021, the Company's first ...
Enveric Biosciences Announces Closing of $10 Million Public Offering
NAPLES, Fla. - Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health and oncology treatments, today announced the closing of its previously announced underwritten public offering of 20,000,000 shares of its common ...
Microdose Psychedelic Insights Announces the Launch Of Microdose X – A Network of Locally Organized In-person Events
TORONTO - Microdose Psychedelic Insights, the leading guide to the business of psychedelics, is proud to announce the launch of Microdose X with the purpose of shifting the world's perception of psychedelic medicine, one city ...
Enveric Biosciences Announces Closing of $10 Million Public Offering
NAPLES, Fla.-- Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health and oncology treatments, today announced the closing of its previously announced underwritten public offering of 20,000,000 shares of its common stock ...
Treez Continues Aggressive Growth Track with Announcement of Robust 2021 Results
SAN FRANCISCO -- Treez (www.treez.io), a private company and leading enterprise cloud commerce platform that streamlines retail and supply chain operations in the cannabis market, today announced highlights of its 2021 results, reflecting aggressive revenue ...
Ayr Wellness Closes Acquisition of Levia Cannabis Infused Seltzer
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has closed the acquisition of Cultivauna, LLC, the owner of Levia branded cannabis infused seltzers and water-soluble tinctures. ...
Aleafia Health Reports Q4 2021 Financial Results with $11.5 Million Revenue
TORONTO - Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) report its financial results for the three and 12 months ended December 31, 2021. The Company’s 2021 unaudited, consolidated financial statements and management discussion and analysis ...
Cann, Raises $27M Series a to Fuel International Expansion
LOS ANGELES - Cann, cannabis-infused beverage company, announced a $27M Series A funding round coming from fresh institutional capital, existing investors like Imaginary Ventures doubling down, and a roster of new celebrity investors including Nina ...
Charlotte’s Web Exploring New CBD Beverage
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is exploring the entry into the CBD wellness beverage market with new CBD social elixirs currently under development with an expected launch date later in ...
YourWay Announces Multi-Year Exclusive Licensing Agreement With Airo
VANCOUVER, BC - YourWay Cannabis Brands Inc. (CSE:YOUR) (OTC:YOURF) (FSE:HOB), a multi-state and consumer-centric House of Brands committed to redefining the way consumers and cannabis brands interact, announced it has entered into an exclusive multi-year ...
Harborside Inc. Announces Increased Interest in Haight-Ashbury Dispensary
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announces the acquisition of a further 29.9% interest in FGW Haight, Inc., a company that has the conditional ...
THCV Cannabis Seeds – Free Release to the Public
SANTA CRUZ MOUNTAINS, Calif.- Jade Nectar, a legacy cannabis wellness company, will be releasing THCV-rich cannabis seeds to the public at no cost. The 'FREE THE V' seeds will be given away through California cannabis ...
PharmaCielo Signs Sales Agreement with Greenstein to Supply THC Final Products through NOWEDA
TORONTO and RIONEGRO, Colombia - PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,announced that it had signed a sales agreement ...
Canbud Distribution Corp. Announces Intention to Stock Symbol to ”STPH”
TORONTO- Canbud Distribution Corp. (CSE: CBDX) (FSE: CDO) announced that it intends to change its name to "Steep Hill Inc." and its stock symbol to "STPH". The proposed Company name and stock symbol changes are ...
Survey Finds Cannabis Consumers Have Sex More Often
NORWOOD, Mass.-- Cannabis consumers ‘chews’ sex more frequently than non-users and believe using cannabis enhances their sex life, according to the results of a “sex + cannabis” survey commissioned by Betty's Eddies™ an all-natural cannabis edibles ...
