M4MM
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Glass House Brands and UC Berkeley Collaborate on Hemp Research and Development
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has entered into a collaboration with the University of California, Berkeley, to conduct research on hemp. The partnership will focus on areas such as ...
Climate First Bank Introduces Cannabis-Focused Financial Services in Florida
LOS ANGELES- Climate First Bank, headquartered in Orlando, Florida, has introduced specialized banking services tailored for the cannabis industry. This initiative aims to address the financial challenges faced by cannabis businesses, particularly in accessing traditional ...
Florida’s Cannabis Legalization Measure Fails Despite Majority Support
LOS ANGELES- In the recent election, Florida's Amendment 3, which proposed the legalization of recreational cannabis for adults aged 21 and over, received 56% voter support. However, it fell short of the 60% supermajority required ...
DEA Postpones Cannabis Rescheduling Hearings to 2025
LOS ANGELES-The U.S. Drug Enforcement Administration (DEA) has postponed its hearings on the proposed rescheduling of cannabis under the Controlled Substances Act (CSA) to early 2025. The delay follows a preliminary order from Chief Administrative ...
The Vegas Classic: A Premier B2B Networking Event in Partnership with MJBiz
LAS VEGAS- As the cannabis industry continues to evolve and expand, networking, collaboration, and innovative partnerships are more critical than ever. That’s why we’re incredibly excited to introduce The Vegas Classic, an exclusive B2B networking ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Glass House Brands and UC Berkeley Collaborate on Hemp Research and Development
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has entered into a collaboration with the University of California, Berkeley, to conduct research on hemp. The partnership will focus on areas such as ...
Aurora Cannabis Announces Fiscal 2022 Second Quarter Results
EDMONTON, AB- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. "During the second quarter, we improved our Adjusted EBITDA ...
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing
OAKLAND– Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing with Pelorus Equity Group and to ...
Village Farms International Appoints Ann Gillin Lefever as Executive Vice President of Corporate Affairs
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. ...
High Tide Closes Acquisition of Bud Room, Securing Ownership of Fastendr™ Retail Kiosk and Smart Locker Technology
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, ...
Thailand Becomes First Asian Country To Decriminalize Cannabis
BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the ...
Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SOUTH SAN FRANCISCO, Calif. - Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns ...
New York Office of Cannabis Management Cracks Down On Businesses ‘Gifting’ Cannabis
NEW YORK–The head of New York state’s Cannabis Control Board has declared that businesses that are giving away cannabis as a promotion with the purchase of an overpriced T-shirt, lighter or other item are breaking ...
Mydecine’s Exclusive Dealer Identified as Licensed Psilocybin and MDMA Supplier in Canada
VANCOUVER, British Columbia, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company”), a biotechnology company aiming to transform the treatment of mental health and ...
HEXO Provides Update on “The Path Forward”; Identifies $15 Million in Cost Savings
GATINEAU, Quebec–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis ...
Unrivaled Brands Expands Product Offering Through Distribution Agreement with POTTERS Cannabis Co.
SANTA ANA -- Unrivaled Brands, Inc. (OTCQX: UNRV) today announced a distribution agreement with POTTERS Cannabis Co., a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California ...
Gage Growth Corp. Launches Pure Beauty Products in Michigan Stores
DETROIT–Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), a premium cannabis brand and operator in Michigan, announced that the Company will launch products from Pure Beauty, starting Friday, February 11th. Gage previously announced an exclusive five-year ...
Two More Studies Link Cannabis Use to Greater Levels of Exercise
CAMBRIDGE, United Kingdom–In two representative studies published last year, an association was observed that cannabis users have greater levels of physical activity compared to those who did not use cannabis. Authors of the first study, published ...
Vilsack Calls Out Hemp During Announcement of USDA’s $1 Billion Climate Investment
JEFFERSON CITY U.S. Agriculture Secretary Tom Vilsack (featured picture) paid a visit to Lincoln University on Monday and announced that the USDA will invest $1 billion in climate-smart commodities and provide funding for pilot projects. ...
Apex Files Phase 2a Clinical Trial Application with Health Canada Announces Series A Financing
VANCOUVER, B.C.,–Apex Labs is also announce the filing of a phase 2a Clinical Trial Application with Health Canada on February 3rd, 2022. This CTA is for a randomized, double-blind, placebo-controlled, dose-finding study to evaluate the ...
Fyllo Unveils Jurisdiction Dashboard to Accelerate Regulatory Research
NEW YORK-- Fyllo, a leader in compliance-first SaaS solutions for highly regulated, high-growth industries, announced the launch of Jurisdiction Dashboard, a new feature in the Fyllo Regulatory Database. The dashboard, which updates in real-time, provides ...
