M4MM

Emerging Policies Reshape the Psychedelics Industry

LOS ANGELES- The psychedelics sector is undergoing significant transformations due to evolving regulatory policies and scientific advancements that could redefine their therapeutic applications. A notable development occurred in August 2024 when the U.S. Food and ...

Arizona’s Cannabis Sales Experience Downturn in 2024

LOS ANGELES- In 2024, Arizona's combined medical and adult-use cannabis market saw a decline, with total sales amounting to $1.1 billion, a decrease from the nearly $1.3 billion recorded in both 2022 and 2023. The ...

New Jersey Governor Proposes Increase to Cannabis Social Equity Tax

LOS ANGELES- Governor Phil Murphy has proposed raising New Jersey's social equity excise fee on cannabis from $2.50 to $15 per ounce. This proposal aims to generate additional revenue for social service and violence intervention ...

Weedmaps’ WM Technology Faces SEC Scrutiny Over Misleading Investor Reports

NEW YORK–WM Technology, Inc. (Nasdaq: MAPS), best known for its cannabis-focused platform, Weedmaps, has found itself at the center of an SEC investigation over misleading user metrics. The California-based company recently agreed to pay a ...

Colorado’s Cannabis Market Faces Decline Amid National Expansion

LOS ANGELES- Colorado, once a leader in the legal cannabis market, is now grappling with declining sales and tax revenues. A report from the state's Legislative Council Staff attributes this downturn to market saturation, oversupply, ...

California’s New Hemp Regulations Raise Concerns for Industry and Consumers

LOS ANGELES- Governor Gavin Newsom has enacted emergency regulations in California, significantly impacting the hemp industry by banning hemp-derived THC products. This move, approved by the Office of Administrative Law and effective as of September ...

Allegations of Predatory Contracts Surface in Missouri’s Social Equity Cannabis Program

LOS ANGELES- Missouri’s social equity cannabis licensing program faces scrutiny amid allegations of predatory investor contracts. Designed to benefit disadvantaged individuals, the program has seen reports of investors using deceptive agreements to gain control of ...

Emerging Policies Reshape the Psychedelics Industry

Arizona’s Cannabis Sales Experience Downturn in 2024

New Jersey Governor Proposes Increase to Cannabis Social Equity Tax

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 ...

Scientific Solutions Is Proud To Continue Working With TruSteel

SAN DIEGO - Scientific Solutions Inc, a San Diego based company focused on equipment sales and training for all-in-one extraction solutions in the Hemp and Cannabis space, is proud to work closely with our long-time ...

Goodness Growth Holdings Launches New Concentrate Cannabis Brand

MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), announced the launch of Kings & QueensTM, a new cannabis brand featuring a line of cannabis concentrates including live and cured resin badder, budder, sugar, ...

Drake Joins Toronto-Based BullRider Cannabis As Investor & Advisor

TORONTO–Just months after breaking up with Canopy Growth Corporation this past June, the globally famous rapper, Drake, has joined Toronto-based cannabis brand BullRider, owned by Noah “40” Shebib, as an investor, partner, and strategic advisor. ...

Hemp-based Delta 8 THC: Science Improves Cannabis Products

FISHERS, Ind. What is Delta 8 THC? Delta 8 THC is a naturally existing compound found in the hemp variety of cannabis, and is part of a family of compounds called "cannabinoids". There are 140+ ...

AeroPay and Jane Technologies Partner to Enable Online Payments Nationwide for Dispensaries and Brands

CHICAGO and SANTA CRUZ - AeroPay, the cannabis industry's digital payments provider, and Jane Technologies, Inc., the cannabis industry's e-commerce provider that created online cannabis marketplace, have announced an integration partnership to enable online payments ...