M4MM
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders
LOS ANGELES- President Joe Biden has commuted the sentences of approximately 2,500 individuals convicted of nonviolent drug offenses, marking a significant use of executive clemency. This action aims to address past disparities in drug-related sentencing, ...
New York Supreme Court Halts Warrantless Raids on Licensed Hemp Retailers
LOS ANGELES- In a recent decision, New York State Supreme Court Justice Thomas Marcelle issued an injunction against the New York State Cannabis Control Board (CCB), the Office of Cannabis Management (OCM), and the New ...
Indiana Legislators Introduce Cannabis Legalization and Psilocybin Research Bills
LOS ANGELES- Indiana lawmakers have initiated efforts to reform the state's drug policies in the 2025 legislative session, introducing several bills aimed at legalizing cannabis and funding psilocybin research. Cannabis Legalization Proposals Senate Bill 113, ...
Colorado Considers Psilocybin Prescription Legislation
LOS ANGELES- Colorado lawmakers have introduced House Bill 25-1063, a bipartisan proposal that would permit the prescription of crystalline polymorph psilocybin—a synthetic form of the psychedelic compound—contingent upon approval by the U.S. Food and Drug ...
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Cannabis Study Reveals Optimal Canopy Density for Highest Yield
PORTLAND, Ore. - Phylos® alongside its research and cultivation partner, Progressive Plant Research (PPR) have announced the results of their day-neutral cannabis density trial. The purpose of this study was to establish the effect of ...
Psyched Wellness Announces Key Findings from the 90-Day Oral Toxicity Study
TORONTO - Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) a life sciences company focused on the production and distribution of artisanal functional and psychedelic mushrooms, is pleased to announce the key results from the ...
Item 9 Labs Corp. Announces First Quarter FY 2022 Financial Results
PHOENIX-- Item 9 Labs Corp. (OTCQX: INLB)—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—today reported operating and financial results for the three months ended December 31, 2021, the Company's first ...
Enveric Biosciences Announces Closing of $10 Million Public Offering
NAPLES, Fla. - Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health and oncology treatments, today announced the closing of its previously announced underwritten public offering of 20,000,000 shares of its common ...
Microdose Psychedelic Insights Announces the Launch Of Microdose X – A Network of Locally Organized In-person Events
TORONTO - Microdose Psychedelic Insights, the leading guide to the business of psychedelics, is proud to announce the launch of Microdose X with the purpose of shifting the world's perception of psychedelic medicine, one city ...
Enveric Biosciences Announces Closing of $10 Million Public Offering
NAPLES, Fla.-- Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health and oncology treatments, today announced the closing of its previously announced underwritten public offering of 20,000,000 shares of its common stock ...
Treez Continues Aggressive Growth Track with Announcement of Robust 2021 Results
SAN FRANCISCO -- Treez (www.treez.io), a private company and leading enterprise cloud commerce platform that streamlines retail and supply chain operations in the cannabis market, today announced highlights of its 2021 results, reflecting aggressive revenue ...
Ayr Wellness Closes Acquisition of Levia Cannabis Infused Seltzer
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has closed the acquisition of Cultivauna, LLC, the owner of Levia branded cannabis infused seltzers and water-soluble tinctures. ...
Aleafia Health Reports Q4 2021 Financial Results with $11.5 Million Revenue
TORONTO - Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) report its financial results for the three and 12 months ended December 31, 2021. The Company’s 2021 unaudited, consolidated financial statements and management discussion and analysis ...
Cann, Raises $27M Series a to Fuel International Expansion
LOS ANGELES - Cann, cannabis-infused beverage company, announced a $27M Series A funding round coming from fresh institutional capital, existing investors like Imaginary Ventures doubling down, and a roster of new celebrity investors including Nina ...
Charlotte’s Web Exploring New CBD Beverage
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is exploring the entry into the CBD wellness beverage market with new CBD social elixirs currently under development with an expected launch date later in ...
YourWay Announces Multi-Year Exclusive Licensing Agreement With Airo
VANCOUVER, BC - YourWay Cannabis Brands Inc. (CSE:YOUR) (OTC:YOURF) (FSE:HOB), a multi-state and consumer-centric House of Brands committed to redefining the way consumers and cannabis brands interact, announced it has entered into an exclusive multi-year ...
Harborside Inc. Announces Increased Interest in Haight-Ashbury Dispensary
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announces the acquisition of a further 29.9% interest in FGW Haight, Inc., a company that has the conditional ...
THCV Cannabis Seeds – Free Release to the Public
SANTA CRUZ MOUNTAINS, Calif.- Jade Nectar, a legacy cannabis wellness company, will be releasing THCV-rich cannabis seeds to the public at no cost. The 'FREE THE V' seeds will be given away through California cannabis ...
PharmaCielo Signs Sales Agreement with Greenstein to Supply THC Final Products through NOWEDA
TORONTO and RIONEGRO, Colombia - PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,announced that it had signed a sales agreement ...
