M4MM
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
Washington State Senate Committee Advances Cannabis Direct Sales Bill
LOS ANGELES- The Washington State Senate Labor and Commerce Committee held a public hearing on Senate Bill 5403, legislation proposing to allow licensed cannabis producers and processors to sell cannabis flower directly to consumers. The ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
MediPharm Labs Achieves Debt-Free Status with $2.1M Repayment
LOS ANGELES- MediPharm Labs Corp., a pharmaceutical company specializing in cannabis-based health products, has announced the repayment of its remaining $2.1 million convertible debt, making the company materially debt-free. With over $13 million in cash ...
Silo Pharma Advances Regulatory Path for PTSD Treatment SPC-15
LOS ANGELES- Silo Pharma, Inc. a developmental stage biopharmaceutical company, has submitted a proposal for FDA approval of its PTSD treatment, SPC-15, through the 505(b)(2) regulatory pathway. This pathway is designed to shorten clinical timelines ...
Embracing the Evolution: The Rise of Cannabis Consumption Lounges
LOS ANGELES — The cannabis industry is no stranger to innovation, and one of the most promising developments in recent years is the emergence of cannabis consumption lounges. These venues are revolutionizing the way consumers ...
Emerald Cup 2024: Behind the Scenes at a Celebration of Cannabis Culture in Oakland
OAKLAND — Last month, the Emerald Cup 2024, a premier event in the cannabis community, took place at the historic Henry J. Kaiser Convention Center in Oakland. Celebrating its 20th anniversary, this iconic event honors ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
Washington State Senate Committee Advances Cannabis Direct Sales Bill
LOS ANGELES- The Washington State Senate Labor and Commerce Committee held a public hearing on Senate Bill 5403, legislation proposing to allow licensed cannabis producers and processors to sell cannabis flower directly to consumers. The ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Humble & Fume, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results
TORONTO–Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, today reported its financial results for the fiscal 2021 fourth quarter and year ended June 30, 2021. "Humble bridges the gap ...
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 ...
