M4MM
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
Hemp vs Cannabis Beverages: What’s the Difference, and Why Does It Matter?
LOS ANGELES- Cannabis and hemp beverages markets see rapid growth, but their distinctions remain unclear to many. While both originate from one species, they cater to vastly different audiences, serve distinct purposes, and adhere to ...
Week’s In Review: Trump’s Return to Office: What it Means for the Cannabis Industry; Planet 13 Launches Initiative to Support Florida Veterans and First Responders with Medical Cannabis Access; Mixed Results for Cannabis Initiatives in U.S. States; Texas Voters Approve Local Cannabis Decriminalization in Dallas, Bastrop, and Lockhart
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week’s In Review: Criticism Mounts Over New York’s Social Equity Cannabis Fund for High Costs and Limited Impact; Arizona to Launch Recreational Cannabis Home Delivery; DeSantis Uses Opioid Settlement Funds for Anti-Cannabis Ads Ahead of Ballot Initiative
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week’s In Review: Alabama Judge Appoints Mediator in Medical Cannabis Licensing Dispute; Ascend Wellness Shares Climb 5.3% Amid Low Trading Volume; Unlicensed New York Cannabis Retailer Hit with $9.5 Million Judgment
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week’s In Review: Cannabis Industry Poised for $112 Billion Impact in 2024; New York Opens Applications for $5 Million Cannabis-Funded Community Grants Program; Tennessee Introduces New Regulations for Hemp Product Sales
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
Hemp vs Cannabis Beverages: What’s the Difference, and Why Does It Matter?
LOS ANGELES- Cannabis and hemp beverages markets see rapid growth, but their distinctions remain unclear to many. While both originate from one species, they cater to vastly different audiences, serve distinct purposes, and adhere to ...
Dicalite Launches Two New Products Under the Harvest Hero Brand
WEST CONSHOHOCKEN, Pa. - Dicalite Management Group, LLC, introduced the second and third products from Harvest Hero, a brand of value-added soil amendments and growing media targeting the cannabis industry and overall horticultural market. Harvest ...
AMNESIA Media Launches Highlyte – AI-driven Software Platform
SAN FRANCISCO - Completing a successful $980,000 round of financing, AMNESIA Media announced the launch of its effortlessly compliant software client HIGHLYTE, the first platform to use artificial intelligence to ensure social media safety in ...
PHBI – Pharmagreen Announces Revenue Plan For Proprietary Cannabis Tissue Culture Technology
CARSON CITY, Nev. - Pharmagreen Biotech, Inc., (OTC Pink: PHBI), released a management update from CEO Peter Wojcik. The update is the first in a series of narratives breaking out the company's strategy as it ...
NEKTR Set to Become the First Pro-Medical Cannabis NFT Gaming Platform
RICHLAND, Wash. - At a time when most countries still maintain a tough legal regime prohibiting the use and supply of cannabis, NEKTR token is joining forces with other pro-cannabis communities to spread awareness about ...
Cannabis Legalization Associated with Improved Clearance Rates for Violent Crimes
SALT LAKE CITY – (NORML)– The legalization of cananbis is associated with improvements in police clearance rates for multiple types of violent crimes, according to data published online ahead of print in The International Journal of Drug ...
C3 Industries Completes Deal with Kiva to Produce Kiva Brand Products For Missouri
LOS ANGELES- C3 Industries , a multi-state, vertically integrated cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is expected to ...
US Government Provides Financial Grants For Research Into Psilocybin
WASHINGTON, D.C.– The US federal government has granted researchers studying the therapeutic potential of psychedelic medicine for the first time in 50 years. Indeed, the NIH was a major funder of the early research that ...
Report: Black Friday Cannabis Spending increased 20%, while Overall Retail decreased 28.3%
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of comprehensive technology infrastructure, ecosystem, and compliance engine for the global cannabis industry, shows that Green Wednesday (11/24) and Black ...
United States’s First Commercial Testing Cannabis Lab, Steep Hill, Announces Expansion into Illinois
BERKELEY, Calif. - Steep Hill, the United States' commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use ...
Chemistree to Invest up to $200,000 in Pure-Play Renewable Energy
VANCOUVER, BC - Chemistree Technology Inc. (CSE: CHM) (CSE: CHM.wt) (US OTCQB: CHMJF), announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. ...
Plant-based Hemp + Oat Gelato Debuts Coast to Coast
CLEVELAND - After launching into much-loved Cleveland grocer Heinen's in 2019, Wonderlab's Doozy Pots has announced a major expansion. Their dairy-free oat and hemp gelatos are now available for the first time nationwide in 371 ...
Global CBD Market Retail Sales Jump Along With Rising Consumer Acceptance
PALM BEACH, Fla. - Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance ...
Advanced Container Technologies Now Offers Products at The Supply Joint in Los Angeles
CORONA, Calif. - Advanced Container Technologies, Inc (Ticker: ACTX), announced that a selection of its products are now available at The Supply Joint in Los Angeles. The Supply Joint will sell a variety of Advanced ...
Supervised Drug Injection Sites to Open in NYC in Hopes of Preventing Overdoses
NEW YORK– Mayor Bill de Blasio announced Tuesday that overdose prevention center (OPC) services, aimed at reducing overdose deaths will open in New York City. OPCs are secure facilities where people who use drugs can ...
Cybin Announces FDA Approvals for Clinical Trial to Treat Frontline COVID-Related Distress
TORONTO–Cybin Inc. (NEO:CYBN) (NYSE:CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics”, today announced that the U.S. Food and Drug Administration has authorized an investigator-initiated randomized, placebo-controlled Phase 2 clinical trial evaluating psychedelic-assisted psychotherapy ...
