M4MM
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Week’s In Review: Ohio Recreational Cannabis Sales Reach Over $44 Million in First Month; DEA Reclassification of Cannabis Raises Regulatory Questions for States; Michigan Cannabis Prices Reach Historic Lows Amid Market Oversupply
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 York). Let's ...
Week’s In Review: Curaleaf Reports Revenue Growth in Q2 2024; DEA’s Postponement of Cannabis Rescheduling Raises Uncertainty for Industry; Pakistan Enters Global Hemp Market with Plans for 2025 Cultivation
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 York). Let's ...
Week’s In Review: TerrAscend Corp. Announces $10 Million Share Buyback Program; Bipartisan Lawmakers Push for MDMA Therapy for PTSD as FDA Decision Looms; Verano Acquires Cannabist Company’s Operations in Arizona and Virginia for $105 Million
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 York). Let's ...
Ascend Wellness Expands Recreational Cannabis Sales in Ohio
LOS ANGELES- Ascend Wellness Holdings, Inc. a cannabis operator, announced the expansion of recreational cannabis sales in Ohio to its fifth dispensary in Carroll. The move comes after the company successfully transitioned four other locations—Cincinnati, ...
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Item 9 Labs Corp. to Acquire Colorado Dispensary, Kickstarts National Acquisition Growth Plan
PHOENIX– Item 9 Labs Corp. (OTCQX: INLB)—a vertically integrated cannabis dispensary franchisor and operator today announced it has signed an Asset Purchase Agreement ("APA") for an existing dispensary license and storefront in Adams County, CO. ...
Charlotte’s Web Begins Retail Expansion in California With New Law
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in full spectrum hemp extract products, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The ...
Tilray Reports First Quarter Fiscal Year 2022 Financial Results
NEW YORK–Tilray, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for the first fiscal quarter ended August 31, 2021. All financial information in this press ...
Hall of Flowers Makes Splashy Return to Santa Rosa
Hall of Flowers entrance. Photo credit: Hall of Flowers Hall of Flowers, the premier B2B cannabis show for California brands and buyers, made a triumphant return on September 22 and 23. Held at ...
goodblend Texas Announced Educational CannaBus Tour Across Texas
AUSTIN, Texas - goodblendTM Texas, a cannabis operator and retail brand of Parallel, announced the goodblend CannaBus tour 2021. This first-of-its-kind mobile cannabis dispensary and educational tour across the state of Texas will bring awareness ...
Molson Coors And HEXO Corp Joint Venture, Expands CBD Beverages Nationally
DENVER - Truss CBD USA, a joint venture by Molson Coors Beverage Company (NYSE: TAP) and HEXO USA Inc, a subsidiary of HEXO Corp (NASDAQ: HEXO), announced the expansion of Veryvell, a line of hemp-derived ...
LIM College Launches Nation’s First Bachelor’s Degree in The Business of Cannabis
NEW YORK - LIM College, has become the first college in the United States to offer a Bachelor of Business Administration (BBA) degree program focused on the business side of the cannabis industry. New York ...
Pet Releaf Enhances Edibites CBD for Dogs with New Formulation and USDA Organic Certifications
DENVER - Pet Releaf, a CBD hemp health brand for pets, announced that it is transitioning the CBD-infused Edibites line to its soft chew formula and it has obtained the U.S. Department of Agriculture (USDA) ...
Existing Institutional Investors Demonstrate Confidence With $20 Million Re-Investment in Akerna
DENVER - Akerna Corp. (Nasdaq: KERN), a software company, announced it has entered into a securities purchase agreement for a US $20 million convertible debt financing with existing institutional investors who hold the Company's currently ...
Kiva Sales And Service Announced Partnership With Autumn Brands
ALAMEDA - Kiva Sales and Service (KSS), announced its partnership with Autumn Brands. Specializing in indoor sun grown cannabis from Santa Barbara County, the Autumn Brands' family farm started in Holland more than a century ...
Artet Partners With Aster Farms To Launch Single Strain, Live Resin Cannabis-Infused Aperitif This Fall
LOS ANGELES - This fall, the Los Angeles-based cannabis-infused beverage brand Artet welcomes a new single strain, live resin batch of their flagship aperitif - 'Founders' Blend' - in collaboration with the California-based, sustainable cannabis ...
CASE STUDY: How Did DreamFields Defy Cannabis Industry Trends & Achieve 1000% Growth?
LOS ANGELES–DreamFields, a licensed manufacturer and distributor headquartered in Desert Hot Springs, CA are a fully vertically integrated, production facility and employ close to 100 people. In May 2019 the company’s flagship brand, Jeeter, did ...
Justin Bieber Is Teaming Up With ‘Peaches’ Cannabis Joints
LOS ANGELES–Canadian singer Justin Bieber is launching a new cannabis brand, teaming up with a company to peddle pre-rolled joints that he’s calling "Peaches," a nod to one of his most successful recent songs. The ...
Seattle Decriminalizes Most Psychedelic Drugs
SEATTLE–Seattle’s City Council approved a resolution Monday to decriminalize psychedelic substances, including the cultivation and sharing of psilocybin mushrooms, ayahuasca, ibogaine and non-peyote-derived mescaline. These traditional medicines had been banned during the failed ''War On ...
Vicente Sederberg Expands Service Offerings in Michigan With Addition of Ann Arbor-based Partner Travis Copenhaver
ANN ARBOR, Mich. — Leading local cannabis attorney Travis Copenhaver joined national cannabis law firm Vicente Sederberg LLP as a partner this month as the firm significantly expands its service offerings across Michigan. Copenhaver focuses his practice on cannabis ...
