M4MM
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
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 ...
Nebraska Judge Upholds Voter-Approved Medical Cannabis Initiatives
LOS ANGELES- A Nebraska district court has affirmed the validity of two voter-approved measures concerning medical cannabis, dismissing allegations of fraudulent signature collection. The legal challenge aimed to invalidate Measures 437 and 438, which were ...
Germany’s Cannabis Legislation Faces Criticism
LOS ANGELES- Germany's recent legalization of cannabis has encountered significant criticism from various stakeholders, highlighting challenges in its implementation and effectiveness. Criticism from Berlin's Justice Senator Felor Badenberg, Berlin's Justice Senator, has expressed concerns that ...
Cannara Biotech Reports Record Growth in Fiscal 2024
LOS ANGELES- Montreal-based Cannara Biotech Inc a vertically integrated cannabis producer, announced record-breaking financial results for its fiscal year ended August 31, 2024. The company reported total annual revenues of $82.2 million, a 43% increase ...
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Boston Hemp Inc.: CBD and the NFL
BOSTON - In years past, marijuana and CBD was frowned upon within professional sports. Now, there's been a slight paradigm shift societally, and marijuana and CBD are becoming more socially acceptable. Specifically, CBD is now ...
California Cannabis Activists Call on Sacramento to Fix Broken System
SACRAMENTO– Supernova Women held a rally in Sacramento (main image) last Thursday, 13th January, in favor of equity, racial justice, and tax relief for cannabis businesses. Assemblywomen Mia Bonta (D-Oakland) and Autumn Burke (D-Inglewood) participated, as ...
Opinión: Costa Rica Legalizó el Cannabis, ¿Qué Pasa Después?
SAN JOSE, COSTA RICA–Los legisladores costarricenses votaron a favor de la legalización del cultivo de cannabis medicinal en Costa Rica esta semana. La histórica votación, que debe ser firmada por su presidente, catapultará a Costa ...
Hometown Hero CBD Announces Product With CBDA and CBGA Is Underway
AUSTIN, Texas - Hometown Hero CBD, announced that it is developing an edible with CBDA and CBGA as its primary cannabinoids. The company is no stranger when it comes to innovating with new products. Recently, ...
Integrated Cannabis Solutions issues Shareholder update for 2022
COCONUT CREEK, Fla.- Integrated Cannabis Solutions, Inc., (OTCPINK: IGPK) issues Shareholder update for 2022. The past few years have been spent cleaning up the entity and becoming a fully reporting entity. In June of 2021 ...
Instadose US Announces Management Transition
CHESAPEAKE, Va. - The Board of Directors of Instadose Pharma Corp., a Nevada corporation, announced that effective January 14, 2022, they have accepted the planned resignation of Grant F. Sanders as Chairman and CEO of ...
Costa Rica Legislators Legalize Medical Cannabis Sending Bill to President to Sign
COSTA RICA- Costa Rican legislators have agreed that farmers can now grow cannabis for medical purposes. The law passed by the Costa Rican parliament, allowing cannabis cultivation, was approved Thursday, 13th January, with the support ...
Avicanna To Bring Its CBD-Based Drugs To Latin America Via Chilean Pharma Partner
TORONTO--Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that through its majority owned subsidiary Santa Marta Golden ...
Vangst Secures $19M to Help Cannabis Industry Hire Workers
LOS ANGELES–Vangst has raised a $19 million Series B led by Level One Fund, with support from investors including Lerer Hippeau, Colle Capital and Casa Verde Capital. Based in Denver, the company offers a recruitment platform intended to help cannabis companies ...
GrowGeneration Provides Fourth Quarter and Full Year Updated Outlook with 2021 Annual Revenues
DENVER- GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced revised full-year 2021 revenue expectations of $420 million to $422 million, versus $193 million for 2020, an increase of ...
Extract Labs Launches Immune Support Tincture, First CBGa Product to Hit the Consumer Market
LAFAYETTE, Colo.,- Extract Labs, a full-service CBD extraction laboratory and retailer, today announced the launch of its 2,000mg full-spectrum Immune Support CBGa CBDa Tincture, a 1:1:1:1 500mg CBGa, CBDa, CBG and CBD tincture blend that ...
Halo Enters Functional Beverages Via Acquisition of H2C Beverages
TORONTO– Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it is expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and the ...
Charlotte’s Web Reorganizes for ”Agility, Growth, and Cash Generation”
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings has completed a reorganization to drive agility and growth as the Company prepares to launch new products, channels and markets, with intent to return to positive cash ...
Numinus Submits Clinical Trial Application for Phase 1 Trial on Proprietary Psilocybin Product
VANCOUVER–Numinus Wellness Inc. (TSX: NUMI), a leader in psychedelics-focused mental healthcare, is pleased to announce that it has formally submitted the clinical trial application to Health Canada for its Phase 1 study, HOPE, on a ...
Cannabis Entrepreneur Profile: Judson Hill: Head of Revenue: Bespoke Financial
LOS ANGELES–Judson Hill didn’t start out on the financial side of the cannabis industry—despite being the second team member to join California’s massive cannabis lender, Bespoke Financial. As a 'native' of the fashion industry, Judson’s ...
