M4MM
Missouri Health Department Requests $877K to Enforce Hemp Product Ban
LOS ANGELES- The Missouri Department of Health and Senior Services (DHSS) has requested $877,000 to fund the enforcement of Gov. Mike Parson’s ban on intoxicating hemp products. The request is part of a preliminary budget ...
Opinion: The Spectacular Fall From Grace of California Cannabis
LOS ANGELES-California cannabis’ fall from grace has been nothing short of spectacular. High taxes and fees, local bans, contaminated products making it to market, and misdemeanor penalties for commercial-scale unlicensed grows have hurt the regulated ...
New Jersey Senate Committee Advances Therapeutic Psilocybin Bill
LOS ANGELES- The New Jersey Senate Budget and Appropriations Committee has approved Senate Bill 2283, advancing legislation to legalize the therapeutic use of psilocybin for medical purposes. The bill, sponsored by Senate President Nick Scutari ...
Ohio to Award Dual-Use Cannabis Licenses by June
LOS ANGELES- Ohio is set to begin the transition to allow existing medical cannabis dispensaries to sell cannabis recreationally. The state's Joint Committee on Agency Rule Review has approved regulations for dual-use licenses, with applications ...
A Delays Hearing on Psychedelic Compounds
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed a crucial administrative hearing originally scheduled for June on the proposed ban of two psychedelic compounds, 2,5-dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC). This decision follows a legal ...
U.S. Policy Shifts on Cannabis and Psilocybin for Chronic Pain Management
LOS ANGELES- In a landmark policy shift, the U.S. Drug Enforcement Agency (DEA) has announced plans to reclassify cannabis from a Schedule I to a Schedule III controlled substance, a category that includes less restricted ...
Global Landscape of Recreational Cannabis Legalization as of 2024
LOS ANGELES- As of April 2024, the global landscape for recreational cannabis legalization remains limited, with only nine countries having fully legalized its use nationwide, according to Visual Capitalist. Notably, Germany recently joined Malta and ...
Missouri Health Department Requests $877K to Enforce Hemp Product Ban
LOS ANGELES- The Missouri Department of Health and Senior Services (DHSS) has requested $877,000 to fund the enforcement of Gov. Mike Parson’s ban on intoxicating hemp products. The request is part of a preliminary budget ...
Opinion: The Spectacular Fall From Grace of California Cannabis
LOS ANGELES-California cannabis’ fall from grace has been nothing short of spectacular. High taxes and fees, local bans, contaminated products making it to market, and misdemeanor penalties for commercial-scale unlicensed grows have hurt the regulated ...
New Jersey Senate Committee Advances Therapeutic Psilocybin Bill
LOS ANGELES- The New Jersey Senate Budget and Appropriations Committee has approved Senate Bill 2283, advancing legislation to legalize the therapeutic use of psilocybin for medical purposes. The bill, sponsored by Senate President Nick Scutari ...
Nation’s Largest Event for Black Cannabis Professionals Returns, Kicks Off in New Orleans from November 18-20
NEW ORLEANS–Black CannaBusiness Magazine, the premier publisher of B2B content for African Americans doing business in the cannabis industry, is pleased to announce the second annual Black CannaConference & Expo (“Black CannaCon”), the only B2B ...
Nearly Half of U.S. Adults Have Tried Cannabis
WASHINGTON, D.C. -- The percentage of U.S. adults who say they have tried cannabis has ticked up to 49%, the highest Gallup has measured to date. More than 50 years ago, just 4% said they ...
Village Farms Enters U.S. CBD Market with $75 Million Acquisition
VANCOUVER, BC–Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals ("Balanced Health") in a transaction valued at US$75 million, effective today. Balanced Health owns ...
Ex-Army Captain Inspires Service Members to Pursue Entrepreneurship After the Military
WEST PALM BEACH, Fla.,–The United States military can only hold on to its' service members for so long before they go in their own directions. Even the most esteemed General Officers need to find a life ...
The Parent Company Reports Second Quarter 2021 Financial Results
SAN JOSE, Calif., -- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today reported financial results for the second quarter ending June 30, 2021. All amounts are expressed in U.S. dollars. Q2 2021 Financial Highlights Net ...
4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update
PHOENIX, Ariz., -- 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2021. All financial information ...
Schwazze Announces Second Quarter Results
DENVER, Schwazze, (OTCQX: SHWZ), announced financial results for its second quarter year ended June 30, 2021. Financial Summary for Q2 2021: Revenues of $30.7 million grew 467% over Q2 2020 and 58.9% over Q1 2021 Gross Margin ...
Glass House Brands Reports Second Quarter 2021 Financial Results
LONG BEACH, Calif. and TORONTO -- Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U), avertically integrated cannabis and hemp company in the U.S. today reported financial results for its second quarter ending June 30, 2021. ...
Radiant Canna Raises $6M, Targets Multi-State Expansion
SANTA ROSA, Calif.-- Radiant Canna, a provider of cannabis manufacturing, distribution and tech solutions to independent brands, announced today that it closed a $6M Seed Round investment. CEO and Co-Founder Aaron Selverston said in making ...
Ayr Wellness Enters the Cannabis-Infused Beverage Market with Proposed Acquisition of Levia
NEW YORK -- Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF), a vertically integrated cannabis multi-state operator, has announced that it has entered into a binding letter of intent to acquire Cultivauna, LLC, the owner of ...
MariMed Reports Second Quarter 2021 Earnings
NORWOOD, Mass.-- MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended June 30, 2021. Q2 2021 Financial Highlights Reported ...
Tikun olam-Cannbit continues to expand its footprint in the pharmaceutical arena
TEL AVIV, Israel -- Tikun-Olam Cannbit (TASE:TKUN) reported the first and exclusive partnership of its kind with Wavelength, an Israeli company that develops, manufactures, and exports active pharmaceutical ingredients (APIs) for the pharmaceutical industry, to over 280 pharmaceutical companies ...
RIV Capital Reports First Quarter Fiscal Year 2022 Financial Results
TORONTO, "Throughout the first quarter, we remained focused on identifying and evaluating opportunities in the US cannabis market," said Narbé Alexandrian, President and CEO, RIV Capital. "Last week's announcement of a US$150 million investment ...
Decibel Announces Second Quarter Results
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, announces its second quarter financial results for the three month period ending June 30, 2021. The Company ...
Study Explores How Psilocybin Works in The Brain to Dissolve Ego
LOS ANGELES–The psychedelic experience is not for everyone. Tripping with magic mushrooms or LSD is often describe as a dissolution of the self, otherwise known as ego-death, ego-loss, or ego-disintegration. The experience is life-changing for some ...
