M4MM
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 ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
The Cannabist Reports Mixed Q2 2024 Results
LOS ANGELES- The Cannabist Company Holdings Inc. (OTC: CBSTF), formerly known as Columbia Care, delivered a mixed performance for Q2 2024. The company reported $125 million in revenue, a 2% sequential increase but a drop ...
MindMed Launches $75 Million Public Offering to Fund Psychedelic Research
LOS ANGELES- Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) announced a public offering aimed at raising $75 million through the sale of approximately 9.2 million shares at $7 each. The company is also offering around 1.4 ...
Ayr Wellness Reports Revenue Increase in Q2 2024
LOS ANGELES- Ayr Wellness Inc. posted a slight revenue increase for Q2 2024, reporting earnings of $117 million, a 0.5% improvement compared to the same quarter last year but a 0.6% decline from Q1 2024. ...
Verano Holdings Reports Mixed Q2 2024 Results
LOS ANGELES- Verano Holdings Corp. reported mixed financial results for Q2 2024, with revenue reaching $222 million, reflecting a 0.5% increase from the previous quarter but a 5% decline year-over-year. The revenue aligned with the ...
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 ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
The Valens Company Announces Two Strategic Agreements with PMI Mexico
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, announced two agreements with PMI Mexico, a subsidiary of Merger Group, one of the main drug suppliers of the ...
KEY Investment Partners Announces $30 Million Final Close of Cannabis-Focused Venture Fund
DENVER - KEY Investment Partners LLC announced the closing of its cannabis-focused venture fund with approximately $30 million in aggregate capital commitments. KEY Investment Partners provides strategic capital to high-growth companies that are well positioned ...
Chill Brands Group Partners with U.S. Major Arena Soccer League
GRAND JUNCTION - Chill Brands, the international consumer packaged goods company, is pleased to announce that it has partnered with the U.S. Major Arena Soccer League (MASL), to offer the Company's CBD products to the ...
Glass House Brands Inc To Acquire Plus Products
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), announced that it has executed a definitive agreement to acquire the business of Plus Products Inc. a ...
Adastra Holdings Receives Flower Sales License from Health Canada
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) announced that Adastra Labs Inc. has received its flower sales license amendment from Health Canada effective December 17, 2021. The Flower Sales License will allow ...
Binske Unveils Cannabis-Infused Coffee Products
DENVER - Cannabis brand Binske, announced the next iteration of its premium cannabis products, now including Intelligentsia Coffee (Intelligentsia), as a key ingredient. Intelligentsia is specialty coffee brand. Binske's new coffee-infused chocolate bars will be ...
Glass Pharms agree funding for Carbon Negative medical cannabis cultivation facility
LONDON - Glass Pharms have agreed Heads of Terms with infrastructure investment fund to provide up to £22.5m in financing to build the first dedicated medical cannabis cultivation facility that will be carbon negative by ...
CCELL® Partners with Hhemp.co and Litty to Donate Vaporizers to Veterans Walk and Talk
SHENZHEN, China - CCELL®, technology brand with a focus on creating trendsetting vaping hardware products and advanced vaporizing technology, has announced that it is partnering with cannabidiol (CBD) producers Hhemp.co and Litty to donate vaporizers ...
Global Widget acquires Florida Hemp Food Establishment Permits
TAMPA, Fla. - Global Widget, CPG manufacturer of premium CBD and health and wellness products, has acquired its Hemp Food Establishment permit from the State of Florida for its new distribution facility at 4501 E. ...
Canntab Enters Into Strategic Partnership to Provide Alternatives to Opiates Through Levitee Clinics
TORONTO - Canntab Therapeutics Limited (CSE: PILL.CN) (OTCQB: CTABF) (FRA: TBF1.F), the innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, announce that it has entered into a service agreement with ...
The Valens Company Secures CAD$40 Million Term Loan
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announces that it has entered into a secured non-revolving term loan with 2361380 Ontario Limited , a private institutional ...
Materia Malta Begins First Sales of Medical Cannabis in Europe
LONDON, England - Materia today announced they have commenced sales of the first medical cannabis flower produced at its EU GMP certified manufacturing site. The inaugural product, named Carbasi Verde, was released with a potency ...
Luxury Brand Fumée Launches with Cannabis Pre-Rolls
SAN FRANCISCO - The California-based cannabis brand Fumée launched recently to offer customers pre-rolls that are filled entirely with cannabis flower. This is in contrast to many companies which also incorporate trim into their pre-rolls. ...
Bio Detection K9 Joins Forces With Green Stripe Naturals Ltd.
COLUMBUS, Ohio - Bio Detection K9 (BDK9), a Priority One Canine Company (P1K9) and the global leader in canine COVID-19 detection, along with Green Stripe Naturals (GSN), one of the first movers in the global ...
HighBridge Premium Cannabis Partners With Great White Industries of Arizona
PHOENIX - HighBridge Premium Cannabis announced the recent signing of a Beverage Production Agreement with Great White Industries. Located in Phoenix, Great White is a company under the Arizona Cannabis Industry. "Using their unique proprietary ...
