M4MM
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
Massachusetts Voters Divided Over Psychedelics Legalization Ahead of 2024 Ballot
LOS ANGELES- Massachusetts voters are set to decide on Question 4 in the upcoming November 5 ballot, which proposes the legalization and regulation of certain psychedelic substances for therapeutic and personal use. If approved, Massachusetts ...
The Normalization of Cannabis: Insights from California’s Consumption Lounges
LOS ANGELES — Cannabis has come a long way from its stigmatized past, with consumption lounges playing a pivotal role in normalizing its use. In California, legalization of these lounges is reshaping how consumers interact ...
Cannabis Industry Poised for $112 Billion Impact in 2024
LOS ANGELES- The cannabis financial market has been showing signs of both growth and challenges in 2024. The U.S. cannabis industry is projected to contribute $112.4 billion to the economy by the end of the ...
Florida Chamber of Commerce Launches Campaign Against Cannabis Legalization Amendment
LOS ANGELES- The Florida Chamber of Commerce has launched an online campaign opposing Amendment 3, a ballot initiative that could legalize adult-use cannabis in the state. Through its website, flbizagainsta3.com, the Chamber aims to educate ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
Curaleaf Announces Distribution Agreement with Alcohol Merchants Southern Glazers for Curaleaf’s Hemp Brands
WAKEFIELD, Mass.-- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer CBD and hemp products, today announced that it has signed a national distribution agreement with Southern Glazer's Wine & ...
Snoop Dogg’s Casa Verde Backs Cannabis Co. Pistil Data In $6.5M Seed Round
SAN FRANCISCO–Pistil Data, a cannabis market intelligence platform, announced today it has closed a $6.5M seed round led by Casa Verde, with participation from JW Partners and several Silicon Valley tech entrepreneurs. Founded by executives from Google and Baker ...
Trulieve Reports Record Third Quarter 2021 Results
TALLAHASSEE– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, today announced its results for the quarter ended September 30, 2021. Q3 2021 Financial and Operational Highlights Net revenue increased 64% ...
South Carolina Congresswoman Nancy Mace Unveils GOP Bill to Legalize Cannabis at Federal Level
WASHINGTON, D.C.–U.S. Rep. Nancy Mace introduced sweeping legislation Monday to decriminalize cannabis federally, offering Republicans a conservative approach to the legalization debate in America that proposes taxing cannabis and regulating the substance more like alcohol. ...
Alphagreen partnership with US brand Pet Releaf to launch CBD pet brand into Europe
LONDON - Alphagreen, the health and wellness e-commerce platform, announced another game-changing market first for Europe thanks to a new wholesaler partnership with an animal health brand - Pet Releaf. For the first time, consumers ...
NIHC Announces Effort to Strengthen Testing Standards, Labels for CBD
WASHINGTON - The National Industrial Hemp Council (NIHC) announced today, at its 2021 Hemp Business Summit, plans to roll out a pilot program establishing standards for product testing protocols and laboratories. Participants in the program ...
Gage Announced Receipt of Final Court Approval for the Acquisition by TerrAscend
DETROIT and TORONTO - Gage Growth Corp. (CSE:GAGE) (OTCQX:GAEGF), a cannabis brand and operator in Michigan, announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced ...
The Valens Company Announced Next Step Towards Nasdaq Listing
KELOWNA, BC - (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, announced that as the next step in its Nasdaq listing process, it will be completing a three for one consolidation (the "Consolidation") of ...
BLESSWELL™ Extends Chicago-based Pop-Up Salon Throughout the Holidays
CHICAGO - The makers of BLESSWELL™ announced the relaunch of GROOMED x BLESSWELL™ Chicago Pop-Up Shop, resuming on November 17, 2021. In partnership with Endexx Corporation® (OTC: EDXC), the exclusive, first storefront of its kind ...
CBDistillery™ Announced New Sleep Results in Collaboration with the MoreBetter
DENVER- CBDistillery™, one of CBD brands in the nation, in partnership with MoreBetter (dba Releaf App™), the highest rated application for individuals to track and improve their use of cannabis and CBD, today announced the ...
Husband of Trulieve CEO Sentenced to Three Years In Prison for Corruption
MIAMI– TCNNF (OTC) TRUL (CSE) Trulieve CEO Kim Rivers's husband John Burnette, was convicted of bribery and handed a three year prison sentence and fined $1.25 million last week on public corruption charges according to ...
Pharmaceutical & Hemp Wellness Segments Of Cannabidiol Market Could See Growth Rates Through 2028
PALM BEACH, Fl.- Out of all cannabinoids, cannabidiol is used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil is used, such as anxiety and depression treatment, stress ...
Body and Mind Expands Branded Products to Ohio
LAS VEGAS and VANCOUVER, BC - Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) , a multi-state operator focused on limited license markets, is pleased to report Body and Mind branded products are available in ...
Humble & Fume Announced Completion of US$8 Million Private Placement to Advance Expansion into Cannabis Distribution in the United States
TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced that it has completed a US$8 million private placement from Green Acre Capital Distribution Corp. for 18,795,471 ...
Trulieve Reports Record Third Quarter 2021 Results and 15th Consecutive Profitable Quarter
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, announced its results for the quarter ended September 30, 2021. Q3 2021 Financial and Operational Highlights Net revenue ...
