M4MM

Organigram Expands Market Presence with Strategic Investments and Acquisitions

LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...

Tennessee Judge to Rule on Hemp Product Regulations by December 24

LOS ANGELES- A Davidson County Chancery Court judge is expected to decide by December 24, 2024, on a request to block new state regulations affecting hemp-derived products in Tennessee. The Tennessee Department of Agriculture (TDA) ...

What You Need to Know When Planning Cannabis Tax Strategies for 2025

NEW YORK--Every CFO needs to know that Section 280E of the Internal Revenue Code (IRC) presents a significant challenge for cannabis businesses operating in the United States. This provision, enacted in 1982, was originally designed ...

Kamala Harris Emerges as Pro-Cannabis Advocate Amidst Potential Presidential Bid

LOS ANGELES- Vice President Kamala Harris, once opposed to cannabis legalization during her tenure as District Attorney of San Francisco, has now become a leading advocate for the cause. In April, she made history as ...

Organigram Advances Cannabis Product Portfolio with $1M Investment in Phylos

LOS ANGELES- Organigram Holdings Inc. has announced the completion of a partial third tranche investment of $1 million into Phylos Bioscience Inc., a U.S.-based cannabis genetics company. This investment is part of a broader strategy ...

DeSantis Criticizes Cannabis Legalization Initiative’s Ballot Inclusion

LOS ANGELES- Florida Governor Ron DeSantis expressed concerns over the state's cannabis legalization initiative, known as Amendment 3, during a Florida Sheriffs' Association conference. DeSantis argued that the ballot summary for the amendment does not ...

SNDL Announces Major Restructuring, Job Cuts to Save $20 Million Annually

LOS ANGELES- Canadian cannabis company SNDL Inc. has announced a significant financial restructuring plan, which includes the elimination of 106 full-time positions. The restructuring aims to optimize corporate overhead spending and consolidate its cannabis segments ...

Organigram Expands Market Presence with Strategic Investments and Acquisitions

Tennessee Judge to Rule on Hemp Product Regulations by December 24

What You Need to Know When Planning Cannabis Tax Strategies for 2025

Perricone MD Expands Hypoallergenic CBD Sensitive Skin Therapy Collection

SAN FRANCISCO - Perricone MD, the brand that is science-backed skincare solutions, announced its latest addition to their Hypoallergenic CBD Sensitive Skin Therapy Collection with the new Ultra-Smooth Clean Shave Cream. Unique to the collection, ...

Kiva Confections Announce Launch of Camino Sours

OAKLAND, Calif. - Kiva Confections, company focused in cannabis-infused edibles, continues to diversify their product offerings and pave the way for industry innovation with the official launch of Camino Sours. Camino Sours feature all of ...

Bloomwell Group Secures $10 Million Investment

FRANKFURT, Germany - The Bloomwell Group has successfully closed a seed funding round of over $10 million dollars — the highest publicly known seed investment for a European cannabis company to date. The investor is ...

Worthington Industries Announces Cannabis Industry-Focused Brand: Highpoint™ by Worthington Industries

COLUMBUS, Ohio - Worthington Industries announced the launch of its new product family brand, Highpoint by Worthington Industries. Highpoint products are designed with the extraction community in mind to support clean, safe solutions for the ...

Canntab Reaches Agreement with Bioinformatics Company, 36eight Technologies Inc.

TORONTO - Canntab Therapeutics Limited (CSE: PILL.CN) (OTCQB: CTABF) (FRA: TBF1.F), the leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to announce that it has reached an ...

Vext Secures Ownership in Manufacturing License in Ohio

VANCOUVER, BC - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation, and marketing to build a profitable multi-state footprint, announced that it ...

High Tide Secures Non-Dilutive Credit Facility with ATB Financial

CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced that it has entered into a credit agreement ...

Baker Perkins launches Infusent™

GRAND RAPIDS, Mich. - Baker Perkins Inc. announced the launch of their new brand of products: Infusent™ an infused food equipment manufacturer specializing in creating exceptional products, innovations, solutions, and equipment to support the infused ...

Harborside Announces Retail Partnership with RNBW

OAKLAND, CA - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced it has entered into a retail partnership with RNBW, a new cannabis brand produced in collaboration with music giant Insomniac, to ...

Adastra Holdings Provides Product Growth Update

LANGLEY, BC - Adastra Holdings Ltd. (formerly Phyto Extractions Inc.) (CSE: XTRX) (FRA: D2EP) announced positive operational and financial developments as the Company continues to pursue its mission to be a leader in the development ...

QUébec Craft Cannabis Collective Extending Local Products

HUNTINGDON, QC - ROSE LifeScience Inc., a Québc cannabis industry, announced a partnership with micro-producer Cannafrogs. The new relationship officially brings local craft products by the Sutton, Québec, group into the DLYS family—a brand collective ...