M4MM
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Nanotechnology-Enhanced CBD Demonstrates Neuroprotective Effects in Retinal Study
LOS ANGELES- A study published in the European Journal of Pharmacology investigated the neuroprotective properties of cannabidiol (CBD) delivered via nanotechnology in an animal model of retinal excitotoxicity. Researchers from the University of Catania, University ...
Texas Lieutenant Governor Prioritizes THC Ban in 2025 Legislative Agenda
LOS ANGELES- Lieutenant Governor Dan Patrick has designated the prohibition of all consumable tetrahydrocannabinol (THC) products as a primary objective for Texas' 2025 legislative session. Senate Bill 3, introduced on January 29, 2025, aims to ...
Maine Proposes Mandatory Testing for Medical Cannabis
LOS ANGELES- A new bill introduced in the Maine Legislature seeks to implement mandatory testing for medical cannabis products, aligning them with the state's existing standards for recreational cannabis. Sponsored by Representative Marc Malon and ...
What You Need to Know About Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, reported its financial results for the fourth quarter and full year periods ending December 31, 2021. All amounts are expressed in ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, ...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Q4 and Full Year 2021 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial and operating results for the fourth quarter and full year ended December 31, 2021. FOURTH ...
CannTrust Exits Creditor Protection With New Investor, Plans to Rebrand
VAUGHAN, ONTARIO— CannTrust Holdings Inc. announced it will rebrand and change it's name after it emerged from court-supervised proceedings under the Canadian Companies’ Creditors Arrangement Act. This change in fortunes came about when a CannTrust ...
ACCM Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Full Yes We Cann! and Elevated States Programming Will Align, Educate, and Support New and Existing Medical Cannabis Patients WASHINGTON - The American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up ...
Schwazze Signs Definitive Documents to Acquire Assets of Urban Health & Wellness, Inc.
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West ...
Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4
LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around ...
Trees Corporation Announces Closing of Acquisition of Miraculo Inc. and Leadership Changes
TORONTO - Trees Corporation (NEO: TREE, a Canadian cannabis retailer, announced that it has completed its previously announced acquisition of Miraculo Inc. pursuant to the terms of an amalgamation agreement dated February 7, 2022 whereby ...
Ikänik Farms Announces Executive Change and Corporate Direction
TORONTO - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has announced that Brian Baca has tendered his resignation as CEO and Director of the Company effectively immediately. Borja Sanz De Madrid has been appointed interim ...
IM Cannabis Closes Three Previously Announced Strategic Acquisitions in Israel
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has completed three strategic acquisitions announced in 2021. ...
Kulbi and NMBLProducts Announce Exclusive Partnership for Amazon.com
LOS ANGELES - Kulbi, creators of the world renowned Blackbox product - www.blackboxgoods.com - has signed an exclusive deal to officially be the only seller worldwide to now carry the NMBL GO, the top trending ...
TerrAscend to Launch Mobile Retail App on the Apple App Store
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, launched The Apothecarium mobile retail app for Apple iOS devices. Available for download through the Apple App Store for customers in New ...
Curaleaf Appoints Neil Davidson as Interim Chief Financial Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that it has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, ...
Neptune Wellness Solutions Inc. Closes US$8,000,000 Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced that it has closed on the previously announced registered direct ...
Akanda Corp. Announces Pricing of Initial Public Offering and Expects To Commence Trading on NASDAQ
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) congratulates Akanda Corp. (NASDAQ: AKAN), an international medical cannabis company, on the pricing of its initial public offering of 4,000,000 common shares at a ...
