M4MM
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
Week In Review: New York’s Cannabis Regulatory Body Introduces Banking Directory; Arkansas Senate Advances Bill to Fund Free School Breakfasts Using Medical Cannabis Revenue; Tennessee Lawmakers Introduce Bills to Legalize Recreational and Medical Cannabis
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Hawaii Lawmakers Renew Push to Legalize Adult-Use Cannabis with Constitutional Amendment Proposal; PharmaCann Defaults on Innovative Industrial Properties Leases; Florida’s Cannabis Market Sees Shift as Smaller Operators Capture Market Share
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives; Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales; Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue; Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders; Hemp-Derived CBD Market Set to Expand Significantly by 2034
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
PHBI – Pharmagreen Announces Revenue Plan For Proprietary Cannabis Tissue Culture Technology
CARSON CITY, Nev. - Pharmagreen Biotech, Inc., (OTC Pink: PHBI), released a management update from CEO Peter Wojcik. The update is the first in a series of narratives breaking out the company's strategy as it ...
NEKTR Set to Become the First Pro-Medical Cannabis NFT Gaming Platform
RICHLAND, Wash. - At a time when most countries still maintain a tough legal regime prohibiting the use and supply of cannabis, NEKTR token is joining forces with other pro-cannabis communities to spread awareness about ...
Cannabis Legalization Associated with Improved Clearance Rates for Violent Crimes
SALT LAKE CITY – (NORML)– The legalization of cananbis is associated with improvements in police clearance rates for multiple types of violent crimes, according to data published online ahead of print in The International Journal of Drug ...
C3 Industries Completes Deal with Kiva to Produce Kiva Brand Products For Missouri
LOS ANGELES- C3 Industries , a multi-state, vertically integrated cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is expected to ...
US Government Provides Financial Grants For Research Into Psilocybin
WASHINGTON, D.C.– The US federal government has granted researchers studying the therapeutic potential of psychedelic medicine for the first time in 50 years. Indeed, the NIH was a major funder of the early research that ...
Report: Black Friday Cannabis Spending increased 20%, while Overall Retail decreased 28.3%
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of comprehensive technology infrastructure, ecosystem, and compliance engine for the global cannabis industry, shows that Green Wednesday (11/24) and Black ...
United States’s First Commercial Testing Cannabis Lab, Steep Hill, Announces Expansion into Illinois
BERKELEY, Calif. - Steep Hill, the United States' commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use ...
Chemistree to Invest up to $200,000 in Pure-Play Renewable Energy
VANCOUVER, BC - Chemistree Technology Inc. (CSE: CHM) (CSE: CHM.wt) (US OTCQB: CHMJF), announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. ...
Plant-based Hemp + Oat Gelato Debuts Coast to Coast
CLEVELAND - After launching into much-loved Cleveland grocer Heinen's in 2019, Wonderlab's Doozy Pots has announced a major expansion. Their dairy-free oat and hemp gelatos are now available for the first time nationwide in 371 ...
Global CBD Market Retail Sales Jump Along With Rising Consumer Acceptance
PALM BEACH, Fla. - Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance ...
Advanced Container Technologies Now Offers Products at The Supply Joint in Los Angeles
CORONA, Calif. - Advanced Container Technologies, Inc (Ticker: ACTX), announced that a selection of its products are now available at The Supply Joint in Los Angeles. The Supply Joint will sell a variety of Advanced ...
Supervised Drug Injection Sites to Open in NYC in Hopes of Preventing Overdoses
NEW YORK– Mayor Bill de Blasio announced Tuesday that overdose prevention center (OPC) services, aimed at reducing overdose deaths will open in New York City. OPCs are secure facilities where people who use drugs can ...
Cybin Announces FDA Approvals for Clinical Trial to Treat Frontline COVID-Related Distress
TORONTO–Cybin Inc. (NEO:CYBN) (NYSE:CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics”, today announced that the U.S. Food and Drug Administration has authorized an investigator-initiated randomized, placebo-controlled Phase 2 clinical trial evaluating psychedelic-assisted psychotherapy ...
Red White & Bloom Provides Q3 2021 Financial Results: Revenue Increased $6 Million Over Q3 2020
TORONTO– Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF), a multi-state cannabis operator and house of premium brands, announces 2021 third quarter financial results highlighted by a 93% increase in third quarter year ...
Dalwhinnie Farms Names New Chief Executive Officer
Ridgway, CO–Dalwhinnie Enterprises, LLC, the Ridgway, Colorado based cannabis purveyor, names Brandon Barksdale as Chief Executive Officer. The Dalwhinnie family of companies includes the Dalwhinnie Farms vertically integrated luxury cannabis brand, Shift Cannabis, Ridgway Hemp Company, ...
