M4MM

Delaware Awards First Cannabis Cultivation and Manufacturing Licenses in Initial Lottery

LOS ANGELES- Delaware has initiated its adult-use cannabis licensing process, awarding the first cultivation and manufacturing permits through a lottery held on October 24, 2024. This inaugural lottery, organized by the Office of the Marijuana ...

Cybin Secures Patent for CYB005 Program in Push for New CNS Disorder Treatments

LOS ANGELES- Cybin Inc., a neuropsychiatric biopharmaceutical company, announced that it has secured a U.S. patent (No. 12,122,741) covering the composition of matter for key molecules in its CYB005 program. This patent represents a strategic ...

Unlicensed New York Cannabis Retailer Hit with $9.5 Million Judgment

LOS ANGELES- A New York Supreme Court judgment has ordered George West, owner of Jaydega 7.0 in Canandaigua, to pay $9.5 million after findings that his business sold cannabis products without the required state license. ...

Scotts Miracle-Gro’s RIV Capital to Merge with Cansortium in Cannabis Tie-Up

MIAMI- In a strategic move to consolidate and strengthen their positions in the cannabis industry, Florida-based Cansortium Inc. has announced an all-stock merger with RIV Capital Inc., a company backed by Scotts Miracle-Gro Co. The merger ...

Study Finds Cannabis Sativa Oil Enhances Social Interaction via Oxytocin Pathway

NEW YORK- A study titled "Cannabis Sativa Oil Promotes Social Interaction and Ultrasonic Communication by Acting on Oxytocin Pathway" has been published in the journal Cannabis and Cannabinoid Research, and made available online by the ...

Tennessee Hemp Seizure Raises Questions About Drug Law Enforcement

NEW YORK- A recent legal dispute has highlighted significant issues in the enforcement of drug laws, centering on the seizure of over $1 million worth of legal hemp products. This incident has sparked a debate ...

Michigan’s Cannabis Market Thrives Amid Legalization Trends

LOS ANGELES- The cannabis industry in Michigan has experienced significant growth, with both recreational and medical cannabis sales reaching notable figures in recent months. This surge reflects broader trends in the legalization and consumption of ...