M4MM
New York’s Legal Cannabis Sales Approach $1 Billion Milestone
LOS ANGELES- New York State's legal cannabis market is on track to surpass $1 billion in sales by the end of December 2024, marking a significant achievement since the market's inception two years ago. As ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Colorado Survey Shows Significant Drop in Teen Cannabis Use
LOS ANGELES- The latest Healthy Kids Colorado Survey reveals a notable decline in cannabis use among high school students, with a 37% decrease in reported use over the past month from 2013 to 2023. Additionally, ...
Inspector General Calls for Receiver for Dysfunctional Massachusetts Cannabis Control Commission
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is in such disarray that lawmakers need to appoint a receiver to manage the regulatory agency, according to a recent letter from the state's inspector general. Inspector ...
Dutch State Committee Report on MDMA Highlights Public Health and Therapeutic Uses
LOS ANGELES- On June 6, 2024, the Dutch State Committee MDMA presented its report titled "MDMA: Beyond Ecstasy" to the Dutch Minister of Medical Care. The six-member committee, chaired by Brigit Toebes and co-chaired by ...
New York Task Force Shuts Down Over 100 Illegal Cannabis Dispensaries in Three Weeks
LOS ANGELES- Since its inception three weeks ago, New York’s task force dedicated to shutting down illegal cannabis dispensaries has closed 114 storefronts. The enforcement actions, which have led to the seizure of more than ...
New York’s Legal Cannabis Sales Approach $1 Billion Milestone
LOS ANGELES- New York State's legal cannabis market is on track to surpass $1 billion in sales by the end of December 2024, marking a significant achievement since the market's inception two years ago. As ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Harvest Health & Recreation Inc. Announces Planned Divestiture of Florida License
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the signing of a definitive agreement to divest its Medical Marijuana ...
The Valens Company Announces the Acquisition of Verse Cannabis and Creates Top Tier Canadian Licensed Producer
KELOWNA, BC,- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) a manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, ...
Peak Partners With Boston Beer Company
TECUMSEH, ON - Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), is a developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products announced that the Company has entered ...
Council for Federal Cannabis Regulation Hires Sarah A. Chase as New Executive Director
WASHINGTON, -- Sheri Orlowitz, Founder and President of the Council for Federal Cannabis Regulation (CFCR), announced the appointment of Sarah A. Chase as the organization's first Executive Director. A lifelong champion for mission-driven and social ...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp.
KELOWNA, and VANCOUVER, BC, - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) announced they have entered into an arrangement ...
Canonic Announces Pre-Launch of its First Generation Medical Cannabis Products in Israel
REHOVOT, Israel -- Canonic Ltd. announced today the pre-launch of its first-generation medical cannabis inflorescence products. Canonic's first product line, G-nnovation, is based on cannabis varieties that were selected and developed to express high levels of ...
Passion For the Plant: A Tribute to Frenchy Cannoli
Legendary hash maker and cannabis icon Frenchy Cannoli had a larger-than-life spirit, one that was taken away from this world too soon. The beloved educator, craftsman, and father passed away on July 18th due to ...
What’s Next for Drug Policy Reform and Psychedelics in Colorado?
LOS ANGELES– With an eye towards the 2022 General Elections, the Psychedelic Club of Denver recently hosted a panel of drug policy experts and psychedelic advocates to discuss “Exploring Ways to End the Drug War.” The ...
Understanding the Shifting Trends of State and Federal CBD Laws and Regulations
LOS ANGELES–A recent projection by Graphical Research found the North American cannabidiol market is expected to surpass $61.2 billion in size by 2027. With a growing market and hands-off approach by the Federal Food and Drug Administration, ...
Hollister Biosciences Inc. Announces Appointment of Two New Board Members
VANCOUVER, BC. - Hollister Biosciences Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building ...
Kona Gold Beverage, Inc. Raises $3 Million
MELBOURNE, Fla. -- Kona Gold Beverage, Inc. is pleased to announce it has raised $3 million in capital via a Securities Purchase Agreement with YA II PN, LTD. Kona Gold Beverage will use the proceeds from the capital ...
Harborside Inc. Reports Second Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc., reported today its financial results for the second quarter ending June 30, 2021. The unaudited condensed interim consolidated financial statements for Q2 2021 and corresponding management's discussion and analysis are available ...
The Rise Of Debt Financing In The U.S. Cannabis Markets
EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were ...
High Hemp Expands Portfolio with Launch of CBD Gummies, Tinctures and Natural Paper Cones
ORLANDO, Fla., Aug. 30, 2021 /PRNewswire/ -- High Hemp, organic hemp wraps who are positioned as containing no traces of nicotine, tobacco, or toxic additives, announced the launch of three innovative products, including CBD Gummies, Natural Paper Cones ...
Fiore Cannabis Announces Second Quarter 2021 Financial Results
Kelowna, British Columbia and Las Vegas, Nevada-- Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) , a licensed multi-state cannabis cultivator, producer and retailer, today announced its second quarter 2021 financial results, which support the Company's ...
