M4MM
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Psychedelics Market Sees Growth Amid Regulatory and Investment Shifts
LOS ANGELES- The psychedelics market in the U.S. is witnessing rapid expansion, driven by both regulatory advancements and increasing investor interest. The sector, valued at approximately $603.1 million in 2024, is projected to grow at ...
Mastering the Cannabis Market: 4 Key Strategies for Cultivation Success with BigMike
LOS ANGELES — The U.S. cannabis industry, projected to reach nearly $40 billion by the nearing close of 2024, presents both substantial opportunities and escalating challenges for cultivators. With rising competition, price compression, and increasing ...
ANNOUNCING: We’re ‘Stirring the Pot’ in New Classic Cannabis Debate Show Sponsored by Guy Rocourt Brand
GET READY to 'STIR THE POT': Cannabis Debates Heat Up in New Show "Stirring the Pot," Sponsored by Guy Rocourt Brand Launching October 2024, 'Stirring the Pot' Brings Together Industry Celebrities to Discuss the Hot Topics ...
Tennessee Introduces New Regulations for Hemp Product Sales
LOS ANGELES- Tennessee regulators have introduced significant new rules for the sale of hemp-derived cannabinoid (HDC) products, which are set to take full effect on December 26, 2024. These regulations, overseen by the Tennessee Department ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Numinus Wellness Inc. Graduates to the OTCQX Best Market
VANCOUVER, BC,- Numinus Wellness Inc. (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing psychedelic-assisted therapies, is pleased to announce that it will commence trading on the OTCQX® Best Market in the United States when the market ...
New York Cannabis Industry Leaders Unveil Roadmap To Equitable Cannabis Marketplace
NEW YORK CITY- The New York Cannabis Growers and Processors Association is an industry association that represents farmers, processors and other businesses in cannabis. The NYCGPA represent growers, processors, retailers, prospective license-holders, sponsors, and other ...
Elevate Holistics Donates $70k to Treat Veterans and Medicare Members
KANSAS CITY, Mo. - Elevate Holistics, a multistate solution provider in the medical marijuana industry, donated $70,000 in services to Veterans and Medicare members throughout 2021. "Medical marijuana is utilized as an effective treatment for ...
CERTIFi by Mercy College Partners with Green Flower to Offer Cannabis Certification Program
DOBBS FERRY, N.Y. - CERTIFi by Mercy College and Green Flower have announced a partnership that will provide two education tracks in the high-demand cannabis field. The eight-week and six-month certification offerings will allow students ...
Global CBD Brand Elixinol Wellness Introduces Two Sleep* Products
WESTMINSTER, Colo. - Elixinol, hemp-derived CBD brand and industry veteran, announced the launch of two new CBD products focused on supporting sleep*. Elixinol's Sleep Rapid Rest Liposome and Sleep Gummies, melatonin-free options for consumers to ...
Halo Collective Completes Acquisition of H2C Beverages and Securities Issuance to Independent Consultants and Related Parties
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) has completed the previously announced acquisition of 1285826 B.C. Ltd. (dba H2C Beverages), a company focused on cannabinoids and non-psychotropic mushroom functional beverages. The ...
Akerna Releases 2021 Cannabis Industry Year-End Review
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, announced the release of its annual Cannabis Industry ...
Announcing NWG AMPLIFY™ : A genetic trait that doubles hemp yields
FT. COLLINS, Colo. - New West Genetics announces AMPLIFY; a family of hemp varieties with a genetic trait that doubles grain and flower yields. This trait enables the transformation of hemp from a small acre ...
Compass Pathways Stock is Having a Bad Trip Despite Positive Psilocybin Trial Results
LOS ANGELES - Although Compass Pathways reported favorable findings in a depression trial last year, the company's stock plummeted late last year as investors presumably had already expected that result, and thus could be simply ...
Tilray Expands Medical Cannabis Product Offering in Australia
NEW YORK and SYDNEY - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of its medical cannabis product offering in Australia and a new medical ...
Trulieve Celebrates Completion of Statewide Retail Rebrand in Pennsylvania
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday, Jan. 29. Trulieve invites registered medical marijuana patients and caregivers ...
The Valens Company Launches Two New Brands in Value and Markets
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS)), a manufacturer of cannabis products, announced the launch of Versus, an evolution of its Verse value brand. The launch involves the introduction of two ...
Labstat International Inc. & The Blinc Group Study Finds Vape Habits Don’t Cross Borders
KITCHENER, ON - Labstat International Inc., Canada's independent third-party cannabis testing company, in partnership with The Blinc Group, Inc., the regulatory-focused designer and provider of premium, customized and bespoke vaporizer technologies, have conducted the first ...
Survey: Many Health Care Professionals Possess a “Poor” Understanding of Cannabis Use for Medical Purposes
Portland, OR (NORML)– A significant percentage of health care practitioners possess only limited knowledge about the use and efficacy of medical cannabis, according to survey data published in the Journal of the American Association of Nurse Practitioners. A ...
CULTA Announces Membership in the Sustainable Cannabis Coalition
BETHESDA, Md. - CULTA, an independent producer of craft cannabis and extracts in Maryland, announced that it's joined the Sustainable Cannabis Coalition (SCC). This is just the latest move in the cultivator's long-term and ongoing ...
