M4MM
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
TerrAscend Corp. Announces $10 Million Share Buyback Program
LOS ANGELES- TerrAscend Corp., a prominent North American cannabis company, has initiated a normal course issuer bid (NCIB) to repurchase up to $10 million of its common shares over the next 12 months. The program, ...
Sumitomo Mitsui Trust Holdings Reduces Stake in COMPASS Pathways by 11.8% in Q2
LOS ANGELES- Sumitomo Mitsui Trust Holdings Inc. has reduced its stake in COMPASS Pathways plc (NASDAQ: CMPS) by 11.8% during the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC). ...
BudLabs: The App Innovating How Cannabis Cultivators Measure Their Success
LOS ANGELES — In cannabis cultivation, staying ahead of the curve requires not only the best products but also the best tools. Advanced Nutrients has taken a significant step in this direction with the development ...
Out-of-State Applicants Dominate Minnesota’s Early Cannabis License Applications
LOS ANGELES- Minnesota's newly established cannabis market is attracting significant interest from out-of-state applicants, according to recent data from the Office of Cannabis Management (OCM). Of the 1,817 pre-applications submitted this summer for various cannabis ...
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
Investors: A Perspective on Cannabis Stocks
LOS ANGELES– Cannabis is moving towards full legalization for recreational use and that is opening up a whole new potential industry. After the pandemic boom in 2020 which was the rising tide that lifted all ...
Curaleaf Announces $425 Million Private Placement of 8% Senior Secured Notes Due 2026
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced that it has received commitments for a private placement of 8.0% Senior Secured Notes due ...
HEXO Reports First Quarter 2022 Results and Launches New Strategic Plan, “The Path Forward”
GATINEAU– HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a Canadian producer of cannabis products, today reported its financial results for the fiscal quarter ended October 31, 2021 (Q1’22), and announced “The Path Forward”, a new strategic ...
UCASU saved on cannabis property’s target price by 60% through due diligence
ATLANTA - UC Asset LP (OTCQX: UCASU) announced the company's management team has just concluded the phase I due diligence on a piece of cannabis property in Oklahoma, and already reduced the target price by ...
Pfizer Bets Big on Arena’s Portfolio Including Cannabinoids in $6.7 Billion Deal
NEW YORK–Pfizer Inc (PFE.N) said on Monday it would buy drug developer Arena Pharmaceuticals Inc (ARNA.O) for $6.7 billion in cash, to add a promising treatment candidate that targets diseases affecting the stomach and intestine.The $100 per ...
Malta Becomes First EU Country to Legalize Adult-Use Recreational Cannabis
VALETTA–Malta's parliament approved the legalization of cannabis and cannabis cultivation for personal adult-use or, as it's called in America, 'recreational' cannabis- a first in Europe, although other countries tolerate cannabis use. Malta's move comes weeks ...
Akerna Addresses Prohibited Use of “Cashless ATMs” in the Cannabis Industry
DENVER - Akerna Corp.(Nasdaq: KERN), an enterprise software company and the developer of the comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, is providing the following information in response to investor ...
American Council of Cannabis Medicine Announces Proposed Medical Cannabis Legislation
WASHINGTON - Today the American Council of Cannabis Medicine (ACCM) announced its proposed draft federal legislation and the start of discussions with sponsors in the House and Senate. ACCM leadership expects to onboard initial sponsors ...
Aurora Cannabis Scores Highest Among Cannabis Corporate Boards
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company's increased ranking in The Globe and Mail's 2021 annual Report ...
Glass House Brands Secures US$100 Million Senior Secured Term Loan
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 entered into a senior secured term loan agreement with a U.S.-based private credit ...
Dragonfly Biosciences UK Expects to Commence Trading under the Symbol DRF on the Australian Securities Exchange Ltd
LONDON - British Company, Dragonfly Biosciences UK, the makers of Dragonfly CBD to shelf range of CBD oils and skincare products, is excited to announce that its prospectus has been approved by the Australian Securities ...
The Green Organic Dutchman Announces Changes to Senior Sales Team Following Galaxie Acquisition
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced changes to its senior sales team to drive forward sales strategies and accelerate the launch of the Company's ...
Cansortium Announces Exercise of Equity Cure Right
MIAMI - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit ...
ALM Announces New Course on Managing the Risks of Cannabis-Related Businesses
NEW YORK - The National Underwriter Company, an ALM business, is launching the second course in the multi-course Cannabis Insurance Coverage Specialist (CICS) designation, Managing the Risks of Cannabis-Related Businesses. "We know that there are ...
Botanacor Receives PH&S’ and ASTM’s “CANNQ/HEMPQ Program Certification”
DENVER - The Policy Center for Public Health & Safety (PH&S) and ASTM International, a global standards organization, have awarded Colorado-based Botanacor Laboratories with ASTM's CANNQ/HEMPQ Program Certification. Botanacor leads the hemp industry in consistent ...
