M4MM
Psyence Biomed Completes $2 Million Private Placement
LOS ANGELES- Psyence Biomedical Ltd. , a biotechnology firm specializing in psilocybin-based psychedelic medicines, has finalized a private placement, securing approximately $2 million in gross proceeds. The financing involved the issuance of 1,000,000 common shares ...
Cannabis Industry Forecast for 2025: A Year of Transformation
LOS ANGELES—As the calendar turns to 2025, the cannabis industry stands on the brink of transformation. This year could mark a pivotal point, shaped by evolving policies, shifting consumer preferences, and new market opportunities on ...
Travis Ahern Named Executive Director of Massachusetts Cannabis Commission
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) has selected Holliston Town Manager, Travis Ahern, as its new Executive Director. Ahern's appointment follows a comprehensive search process that began earlier this year. He was among ...
DEA’s Proposed Rescheduling of Cannabis Sparks Public Response
LOS ANGELES- The Drug Enforcement Administration (DEA) has proposed rescheduling cannabis under federal drug law, moving it from Schedule I to Schedule III. This shift reflects changing perceptions about cannabis, which is currently classified alongside ...
Trulieve Reports Q2 2024 Financial Results
LOS ANGELES- Trulieve announced its financial results for the second quarter ending June 30, 2024. The results, reported in U.S. dollars and following U.S. Generally Accepted Accounting Principles (GAAP), reflect continued growth and operational expansion. ...
NYC Crackdown on Illegal Cannabis Shops Shutters 3,000, Creating Opportunities for Legal Retailers
LOS ANGELES- New York City has intensified its efforts to close nearly 3,000 unlicensed cannabis dispensaries, a move that could provide a boost for legal retailers struggling with high rents and intense competition. Since the ...
The Battle Over Recreational Cannabis Legalization Heats Up
LOS ANGELES- The debate around legalizing recreational cannabis continues to draw support and opposition from various societal factions. Central to this contentious issue is a push to amend state laws to allow adults aged 21 ...
Psyence Biomed Completes $2 Million Private Placement
LOS ANGELES- Psyence Biomedical Ltd. , a biotechnology firm specializing in psilocybin-based psychedelic medicines, has finalized a private placement, securing approximately $2 million in gross proceeds. The financing involved the issuance of 1,000,000 common shares ...
Cannabis Industry Forecast for 2025: A Year of Transformation
LOS ANGELES—As the calendar turns to 2025, the cannabis industry stands on the brink of transformation. This year could mark a pivotal point, shaped by evolving policies, shifting consumer preferences, and new market opportunities on ...
Travis Ahern Named Executive Director of Massachusetts Cannabis Commission
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) has selected Holliston Town Manager, Travis Ahern, as its new Executive Director. Ahern's appointment follows a comprehensive search process that began earlier this year. He was among ...
Arizona CEO Inspired by Mom’s Battle with Breast Cancer, Helps Grow Multi-Million Dollar Cannabis Empire
PHOENIX - An Arizona-based CEO's mother's battle with triple-negative stage 3 breast cancer inspired a move from real estate to cannabis. Four years later, she's cancer-free and he's running a multi-million dollar cannabis empire. Once ...
Akerna Flash Report: Consumers spend more per person on cannabis than Halloween costumes and candy
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance gateway powering the global cannabis industry, shows that over Halloween weekend ...
FoliuMed seals white label cannabis deals in South America
LIMBURG AN DER LAHN, Germany - FoliuMed, a medical cannabis company with manufacturing operations in Germany and cultivation in South America, recently concluded two major sales agreements with customers in Brazil and Colombia. Under the ...
Curebase, LEVEL Announced Clinical Trial to Determine Whether Cannabinoids Can Help Veterans Sleep Better
SAN FRANCISCO - Curebase, a company committed to democratizing access to clinical studies, and LEVEL, a science-driven cannabis company on cannabinoid research and innovation, announced a decentralized clinical study to determine whether cannabis can have ...
Disposable Vaporizer Development Designed to Maximize Success
SHENZHEN, China - As a cannabis vaping hardware brand under FirstUnion Group, MAXCORE provides the high standard of CBD & THC vaping products for global clients. From start to finish, MAXCORE partners with customers to ...
Eaze Co-Founder Creates Smokable Light Cannabis
LOS ANGELES - Eaze co-founder Jamie Feaster is betting on mainstream consumers' cannabis adoption as his new brand, Country, announced their second product - Win the Day - and expands into retailers throughout California. Along ...
Phylos Partners with National Black Farmers Association and Oregon State University
PORTLAND, Ore. - Phylos®, a modern crop science company developing cannabis and hemp genetics, has committed to supplying 1 million stable and reliable hemp seeds to BIPOC farmers without capital investment. The first round of ...
Interest in Shopify-based Head Shop Payment Processing Increasing, According to Tower Payments
AMESBURY, Mass. - According to Tower Payments, a New-England-based payment processor, there is a noticeable growing demand for US payment processing that both allows the sale of head shop items like water pipes, and also ...
Panaxia and Neuraxpharm are the first companies to sell medical cannabis extracts for inhalation in Europe
TEL AVIV, Israel - Dr. Dadi Segal, CEO of Panaxia Global, said, "After obtaining a marketing permit in Germany, which was a significant milestone for us, we are proud to announce the first commercial shipment ...
Two Roots Beverage Co. Enters into Partnership with Truss Beverage Co. for Canadian Market
SAN DIEGO - Pairing the best liquids from North America with the best in cannabis, Two Roots Beverage Co. announced its partnership to provide non-alcoholic beer for Truss Beverage Co. newly launched brand, Bedfellows Liquid ...
Canopy Growth’s Deep Space Brand Expands Product Offering
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced two new product offerings from its Deep Space brand - Limon Splashdown, a lemon-lime flavour that ...
AUDACIOUS Signs Term Sheet with Thailand-Based Golden Triangle Health to Drive Entry into the Asia-Pacific Cannabis Market
LAS VEGAS - Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced that the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health ...
Sweet Flower Partners with Safe-Reach to Revolutionize Ecommerce Analytics
JERSEY CITY, N.J. - Sweet Flower uses NOMAD's end-to-end, deterministic marketing attribution across all digital channels to understand product sales trends, customer acquisition insights, and revenue oriented success strategies across all paid digital marketing channels ...
EVIO, Inc. Announced Diversification into Blockchain
HENDERSON, Nev.- EVIO, Inc. (OTC: EVIO) announced that the company is diversifying into the blockchain space. The company has identified a substantial opportunity to generate return on capital through engagement of strategic investments in blockchain ...
Xebra Commenced Pre-trial Cannabis Cultivation in the Netherlands
VANCOUVER, BC - Xebra Brands Ltd. (XBRA: CSE) (9YC: FSE), a cannabis company, announced that it has commenced its pre-trial cultivation of cannabis in the Netherlands. As 1 of only 5 companies to be selected ...
