M4MM
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Canopy Growth Appoints New CEO Amid Financial Challenges
LOS ANGELES- Canopy Growth Corp., a cannabis industry, has announced the appointment of Luc Mongeau as its new Chief Executive Officer, effective January 6. Mongeau succeeds David Klein in this leadership role. With over 25 ...
IRS Reaffirms Cannabis as Schedule I Substance; Section 280E Still Applies
WASHINGTON — The Internal Revenue Service (IRS) has issued a reminder that cannabis remains classified as a Schedule I controlled substance and is subject to the limitations of Internal Revenue Code Section 280E until any ...
Growing Interest in Microdosing Among Americans
LOS ANGELES- Americans are increasingly curious about microdosing, a practice involving minimal consumption of psychedelics or cannabis over extended periods, according to a study by the University of California San Diego published in JAMA Health ...
IRS Reaffirms Enforcement of Section 280E Amid Cannabis Industry Pushback
MIAMI, Florida--In a recent announcement, the Internal Revenue Service (IRS) underscored the ongoing enforcement of Internal Revenue Code Section 280E, a tax code provision that has long been a contentious issue for cannabis businesses. The ...
Cronos Group Secures $51 Million Credit Line
LOS ANGELES- Cronos Group's $51 million credit line will enhance production and facilitate global market expansion, positioning the company as a key player in the burgeoning cannabis industry. Canada’s Cronos Group has announced that it ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Canopy Growth Appoints New CEO Amid Financial Challenges
LOS ANGELES- Canopy Growth Corp., a cannabis industry, has announced the appointment of Luc Mongeau as its new Chief Executive Officer, effective January 6. Mongeau succeeds David Klein in this leadership role. With over 25 ...
Veterans Cannabis Coalition and DAV Ch.12 Partner with Haven to Provide Cannabis to Vets
LOS ANGELES - On Saturday, November 13th, Haven partnered with Disabled American Veterans Ch. 12, Veterans Cannabis Coalition, and LA NORML to kick off a Veterans Compassion Network at their San Bernardino location. They will ...
CommCan brings recreational cannabis to the historic town of Rehoboth
REHOBOTH, Mass. - The Commonwealth Cannabis Co. expanded its retail operations to Rehoboth, Massachusetts with the grand opening of its third dispensary on Saturday, November 6th. Store hours are 10:00AM to 8:00PM; seven days/week CommCan ...
Charlotte’s Web Announced First International Harvest with Patented Hemp Cultivars in Canada
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. , the market in full-spectrum hemp extract products has completed the harvest of its first ever international hemp crop, in Canada. In April of 2021 ...
Canntab Receives Medical Sales Licence from Health Canada
TORONTO - Canntab Therapeutics Limited (CSE: PILL.CN) (OTCQB: CTABF) (FRA: TBF1.F), announced that it has received its medical sales license from Health Canada for its Markham, Ontario facility, enabling the sale of all products directly ...
Malaysia To Allow Import And Use Of Cannabis For Medicinal Purposes
KUALA LUMPUR– Malaysia will allow the import and use of cannabis for medicinal purposes if the products comply with government regulations, Bloomberg reports, citing Health Minister Khairy Jamaluddin. Medical cannabis for medical treatments will require ...
OPINION: A Broadside on the “Safe Harbor” Amendment by the Weed For Warriors Project
OPINION– (Editor- this is from Weed for Warriors, a 501 (c) 3 active in the promotion of medical cannabis use for U.S.A. military veterans). As it relates to the medical care of our Veterans, it ...
RESET Bioscience Debuts Bioavailable Wellness Shots
AUSTIN, Texas - RESET Bioscience, a wellness company that uses pharmaceutical grade ingredients and technologies, introduces Wellness Shots to their portfolio. Developed by leading Ph.D. scientists, RESET Wellness Shots are the world's first lipid-encapsulated, ingestible ...
PAOG and PURA Announced Women’s Health CBD Product Partnership
SANDUSKY, Ohio - PAO Group, Inc. (USOTC: PAOG) and Puration, Inc. (USOTC: PURA) announced the companies will partner on the development of a line of CBD products for Women's Health. PAOG has engaged Dr. Harriet ...
COMPASS Pathways Announces Breakthrough Results Using Psilocybin For Acute Depression
NEW YORK–COMPASS Pathways plc (Nasdaq: CMPS) a mental health care company accelerating patient access to evidence-based innovation in mental health, today announced that its groundbreaking phase IIb clinical trial of COMP360 psilocybin therapy for treatment-resistant ...
Decibel Announced Launch Into New Product Category, Infused Pre-Rolls
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a cannabis producer, announced the first shipment of its newest product line, infused pre-rolls, under its General Admission brand. In the past three months, ...
Review: CWCBExpo New York: A Great Place For Networking
NEW YORK–CWCBExpo last week in New York felt a bit like MJBizCon did in 2017. Like MJBizCon, it wasn’t only the show where business was conducted, it was at the many parties too. CWCBExpo is ...
Value Buds: Cannabis Retailer Nova Cannabis Q3 Revenue Increases 30% to $39 Million
EDMONTON, ALBERTA, November 10, 2021 – Nova Cannabis Inc. (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements and management’s discussion and analysis for the three and nine months ended September 30, 2021. ...
springbig to List on Nasdaq Through Merger with Tuatara Capital Acquisition Corp.
NEW YORK–Tuatara Capital Acquisition Corporation (NASDAQ: TCAC), a publicly-traded special purpose acquisition company, announced today that it has entered into a definitive agreement for a business combination that would result in springbig (the "Company"), the leading provider ...
AUDACIOUS Subsidiary ALPS Enters into Partnership with Priva
LAS VEGAS - Terry Booth, CEO, announced: Australis Capital Inc., operating as AUDACIOUS (CSE: AUSA) (OTC: AUSAF, an emerging cannabis company with an expanding suite of multi-state operations, announced that its majority-owned subsidiary, ALPS, has ...
Numinus to Host Extension of MAPS-Sponsored MDMA-Assisted Therapy for PTSD Trials
VANCOUVER, BC - Numinus Wellness Inc. (TSXV: NUMI), a psychedelics-focused mental healthcare company, announced that it has secured two new Canadian psychedelic clinics that will host the Canadian sites of the MAPS Public Benefit Corporation ...
