M4MM

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

Analysis: Wall Street Quietly Tests the Water In Cannabis

NEW YORK- For years, institutional investors have largely remained outside the publicly traded Cannabis market. Federal illegality, regulatory uncertainty, limited access to major exchanges and disappointing stock performance have kept most major investment firms on ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

Organigram Reports Q1 Fiscal 2026 Financial Results

TORONTO – Organigram Global Inc. delivered a notable performance in its first quarter of fiscal 2026, posting substantial revenue increases and a return to profitability as the Canadian Cannabis producer continues to integrate recent acquisitions ...

Cannabist Closes $130M Sale of Virginia Assets

CHELMSFORD – The Cannabist Co. Holdings Inc. completed the sale of its Virginia Cannabis business to an affiliate of Millstreet Credit Fund LP, generating total consideration of $130 million. The deal involves the transfer of ...

NY Cannabis Hits First $500M Quarter

NEW YORK – New York's legal Cannabis market set a new record by closing 2025 with its first quarter exceeding $500 million in sales, positioning the state for continued strong performance into 2026. The Office ...

Gelato Cannabis Unifies Multi-State Structure

SAN DIEGO – Gelato Cannabis announced that it has completed the acquisition of its California operations, integrating them under a single ownership and leadership framework that now spans California, Michigan, and Arizona. The move brings ...

Clearmind Featured in Bipartisan Veterans Therapy Bill

WASHINGTON D.C. – The recent introduction of bipartisan legislation in the U.S. House of Representatives has drawn attention to Clearmind Medicine Inc.'s proprietary compound MEAI as part of efforts to broaden veterans' access to certain ...

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