M4MM
FBI Data: Over 200,000 Arrests for Cannabis Possession in 2023
LOS ANGELES- Despite growing momentum for cannabis legalization in the U.S., over 200,000 people were arrested for cannabis possession in 2023, according to new data from the FBI’s Uniform Crime Reporting system. The report, which ...
Harris’s Comments Over Cannabis Reform in the 2024 Presidential Race
LOS ANGELES- Harris's comments come amid a broader debate over cannabis reform in the 2024 presidential race. While Democratic vice-presidential nominee Tim Walz has suggested that cannabis legalization should be handled by individual states, Harris's ...
Los Angeles County Targets Unlicensed Cannabis Dispensaries with “Deplatforming” Motion
LOS ANGELES- Los Angeles County has approved a new initiative aimed at reducing the visibility of unlicensed cannabis dispensaries on major online platforms such as Google and Yelp. The motion, introduced by Supervisor Lindsey Horvath ...
Cannabis Industry Licensing Trends
LOS ANGELES- The rapid expansion of the cannabis industry in North America has shown signs of cooling in the first quarter of 2024, with a noticeable decline in the number of both active licenses and ...
Red Light Holland Advances Psilocybin Research with Successful Truffle Testing
LOS ANGELES- Red Light Holland Corp., a production and distribution of functional mushrooms and psilocybin truffles, has announced the successful initial testing and dehydration of psilocybin truffles at CCrest Laboratories Inc. in Montreal, Canada. This ...
Minnesota Senate Advances Cannabis Legislation
LOS ANGELES- The Minnesota Senate has passed a measure aimed at advancing the regulation and legalization of cannabis, with a narrow vote of 34 to 32, following its approval in the House last month by ...
Canopy Growth Secures Additional Funding Amid Financial Struggles
LOS ANGELES- Canopy Growth Corp., a Canadian cannabis producer, announced a new round of funding, securing approximately $50 million through a financing deal. This funding follows a $35 million capital raise in January and comes ...
FBI Data: Over 200,000 Arrests for Cannabis Possession in 2023
LOS ANGELES- Despite growing momentum for cannabis legalization in the U.S., over 200,000 people were arrested for cannabis possession in 2023, according to new data from the FBI’s Uniform Crime Reporting system. The report, which ...
Harris’s Comments Over Cannabis Reform in the 2024 Presidential Race
LOS ANGELES- Harris's comments come amid a broader debate over cannabis reform in the 2024 presidential race. While Democratic vice-presidential nominee Tim Walz has suggested that cannabis legalization should be handled by individual states, Harris's ...
Los Angeles County Targets Unlicensed Cannabis Dispensaries with “Deplatforming” Motion
LOS ANGELES- Los Angeles County has approved a new initiative aimed at reducing the visibility of unlicensed cannabis dispensaries on major online platforms such as Google and Yelp. The motion, introduced by Supervisor Lindsey Horvath ...
Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings
CHICAGO–Green Ivy Capital, LLC, an affiliate of Chicago Atlantic Advisers, LLC, announced today it funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term ...
Sourcelight Combines CBD and Immunity Support in an All Natural, Sugar-Free Lollipop
NEW YORK–Everyone one loves lollies and everyone likes to feel great! To meet growing consumer demands for healthy, functional, all natural products, Feel Well Lollys developed a low calorie treat that delivers a powerful 50mg ...
US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair
DENVER–Akerna (Nasdaq: KERN), an enterprise software platform today announced Jessica Billingsley, the company's co-founder, CEO, and Chair of the Board, has been elected Chair of the US Cannabis Council (USCC), a coalition of leading cannabis ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor cultivation capacity, ...
Ziese Farms & Rodale Institute Launch Hemp Food Research
LOS ANGELES–Ziese Farms announces a hemp research partnership and patent licensing agreement with the Rodale Institute, a leader and pioneer in organic farming. Ziese Farms is a leading hemp food company that has achieved first ...
Psychedelics Hit Mainstream: 10 Celebrities that Treated with and Entered the Psychedelic Industry
MIAMI–Cannabis has been the gateway to legalization of plant medicine. It took a long time for cannabis to make it out of the prohibition closet at a state level, and as we see, it’s still ...
Jushi Holdings Inc. Receives $14.4 million Interim Arbitration Award
BOCA RATON, Fla., July 30, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that the American Arbitration Association awarded $14,364,920.10 to Jushi FL SPV, LLC (“Jushi ...
Cannara Biotech Inc. Reports First Quarterly Profit
MONTREAL--Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec-based mega cultivation facilities spanning over 1.65 million sq. ft., announced today its third ...
Petalfast Partners with Nabis to Exclusively Service its Complete Portfolio of Brands
OAKLAND, Calif., -- Petalfast, a sales and marketing agency for the cannabis industry announced today an exclusive partnership with Nabis, a licensed cannabis wholesaling platform. By leveraging Nabis' statewide network and technology tools, it is ...
True Leaf Completes Inaugural Cannabis Harvest
Vernon, British Columbia-- True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) has announced the completion its first harvest of premium craft cannabis. The Company is reported to have produced a small-batch cultivation ...
The Parent Company Strengthens California Retail Footprint
SAN JOSE, Calif --TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has acquired an operating retail dispensary located in Ceres, California from the owners of Jayden's Journey. Terms of the transaction were ...
Houseplant and Canopy Growth to Conclude Their Strategic Relationship in Canada
TORONTO–After three years of a successful joint venture, Houseplant and Canopy Growth Corporation have mutually agreed to end their relationship. The Canadian cannabis market has evolved substantially during this period, and the parties believe the ...
MJ Unpacked Announces Las Vegas Blues Brothers Concert Benefiting the Last Prisoner Project
LAS VEGAS– MJ Unpacked announces today a Blues Brothers concert benefiting the Last Prisoner Project. The concert will take place on Thursday, Oct. 21, 8:00 - 11:00 pm at The House of Blues at Mandalay Bay in Las Vegas. The ...
Innocan Pharma Announces Filing of Patent Application for Treatment and Prevention of Hair Loss
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) filed a patent application for its topical composition for hair loss treatment. The patent application discloses and claims several compositions for topical administration comprising cannabinoid ...
