M4MM
TerrAscend Secures Additional $26 Million in Loan Draw to Pay Down High-Interest Debt
LOS ANGELES- TerrAscend Corp. a North American cannabis company, has completed a second draw of $26 million as part of its senior secured term loan, bringing the total gross proceeds to $140 million. The loan, ...
Georgia’s Hemp Industry Faces New Regulations
LOS ANGELES- The Georgia Hemp Farming Act, which introduces new age restrictions and regulations for hemp products, took effect on October 1. The law prohibits the sale, purchase, and possession of consumable hemp products for ...
California Legalizes Cannabis Cafes
LOS ANGELES- California Governor Gavin Newsom has signed a bill legalizing cannabis cafes, where consumers can enjoy cannabis alongside food, drinks, and live performances. This move, which aligns California with cannabis cafe models seen in ...
New Jersey Cannabis Sales Hit Record High Despite Slowing Growth
NEW YORK- Cannabis retailers in New Jersey have achieved a new quarterly sales record of $201 million in the first three months of 2024. This represents a notable 38% increase in year-over-year growth and sets ...
Decline in Medical Cannabis Registrations in New Jersey and New Mexico
LOS ANGELES- Recent reports have highlighted a significant decline in the number of registered medical cannabis patients in New Jersey and New Mexico, following the launch of adult-use cannabis markets in both states. According to ...
UK Study Finds Psilocybin Effective in Treating Depression
LOS ANGELES- A recent study conducted by researchers in the United Kingdom has found promising results for psilocybin, the active psychedelic compound in "magic mushrooms," as a treatment for depression. The study, which was reported ...
Illinois Expands Cannabis Retail Licenses to Enhance Social Equity
LOS ANGELES- The Illinois state government has introduced an additional 35 social equity cannabis retail licenses to its recreational market, a move announced late last week, with expectations to issue another 13 in the forthcoming ...
TerrAscend Secures Additional $26 Million in Loan Draw to Pay Down High-Interest Debt
LOS ANGELES- TerrAscend Corp. a North American cannabis company, has completed a second draw of $26 million as part of its senior secured term loan, bringing the total gross proceeds to $140 million. The loan, ...
Georgia’s Hemp Industry Faces New Regulations
LOS ANGELES- The Georgia Hemp Farming Act, which introduces new age restrictions and regulations for hemp products, took effect on October 1. The law prohibits the sale, purchase, and possession of consumable hemp products for ...
California Legalizes Cannabis Cafes
LOS ANGELES- California Governor Gavin Newsom has signed a bill legalizing cannabis cafes, where consumers can enjoy cannabis alongside food, drinks, and live performances. This move, which aligns California with cannabis cafe models seen in ...
Poseidon Announces ”GreenShoots Pitch Forum,” a Virtual Cannabis Pitch Forum
LOS ANGELES–Poseidon, a venture capital firm in the cannabis industry with $200M in assets under management, today announced plans to host Poseidon GreenShoots™ Pitch Forum, a 90-minute virtual cannabis pitch forum to connect top-performing companies with accredited investors, ...
How Are Cannabis Businesses Getting Funded in New York State? Part 1 — Overview
NEW YORK– The cannabis industry is evolving all over the world. Our deep dive into the North American cannabis market begins with an examination of New York State, which is now counted among the members ...
Green Thumb Industries Reports Second Quarter 2021 Results
CHICAGO and VANCOUVER, B.C.-- Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, today reported its financial results for the second quarter ended June ...
GW Pharma Receives Approval for Epidoylex (CBD) from the U.K. Government for the Treatment of Seizures Called Tuberous Sclerosis Complex
LONDON–GW Pharmaceuticals, involved in discovering, developing and delivering regulatory approved cannabis-based medicines and now part of Jazz Pharmaceuticals plc (NASDAQ: JAZZ), today announces that the UK Medicines and Healthcare Products Regulatory Agency (MHRA) has approved ...
Emack & Bolio’s & MariMed Create New Brand of Cannabis-Infused Ice Cream
NORWOOD, Mass.,– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced a joint collaboration with the legendary Boston ice cream brand Emack & Bolio’s®. MariMed and the ice ...
RIV Capital Announces US$150 Million Strategic Investment by The Hawthorne Collective, a Subsidiary of The Scotts Miracle-Gro Company
TORONTO- RIV Capital Inc. (TSX: RIV) (OTC: CNPOF), an acquisition and investment company specializing in cannabis, has entered into definitive agreements with The Hawthorne Collective, a newly-formed cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: ...
Canopy Growth Reports First Quarter Fiscal 2022 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter fiscal 2022 ended June 30, 2021. All financial information in this press release is reported ...
Change Over at the New York Governor’s Mansion: What Does it Mean for Cannabis?
On August 10, 2021, New York Governor Andrew Cuomo announced his plans to step down as governor, effective August 24, 2021. On that day, Lieutenant Governor Kathy Hochul will step into the governorship. What will ...
Yooma Wellness Inc. Dual-Lists on the U.K.’s AQSE Growth Market
TORONTO, Yooma Wellness Inc. (CSE: YOOM), a global vertically integrated wellness platform that develops and markets a portfolio of CBD and wellness brands, is pleased to announce its common shares began trading on the Aquis ...
Pantry Food Co. Blends Functional Mushrooms, Adaptogens and Cannabis in NEW Good Day and Nite Bites
LOS ANGELES–Pantry Food Co., a functional cannabis-infused food brand created with wellness top of mind, has introduced new Superfood Bites. The new Good Day Bites and Nite Bites boldly blend nutrition and cannabis, harnessing the benefits of CBD, CBN, THC ...
Surfside Raises $4 Million for its Cannabis Data Activation Platform
NEW YORK -- Surfside, marketing platform turning first party customer data into personalized marketing for the cannabis industry, today announced it has raised $4 million in Seed funding. Casa Verde led the round and Karan Wadhera, the firm's ...
Harvest Health & Recreation Inc. Reports Second Quarter 2021 Financial Results
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the second quarter 2021. All financial information is provided in U.S. dollars ...
AWH Announces Q2 2021 Financial Results
NEW YORK, - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for Q2 2021, which ended June 30, 2021. ...
The Parent Company Takes First Steps For US Stock Market Listing
SAN JOSE–The Parent Company/ TPCO (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has filed a registration statement on Form 10 with the United States Securities and Exchange Commission to register the Company's common shares and ...
Tryp Therapeutics Partners with Calvert Labs to Conduct Exploratory Studies for Proprietary Psilocybin Formulations
SAN DIEGO Tryp Therapeutics (CSE:TRYP; OTCQB:TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, announced today an agreement with Calvert Labs to design and execute ...
