M4MM
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
Italy’s Proposed Ban on Hemp Flower Sales Raises Industry Concerns
LOS ANGELES- Italy's "cannabis light" sector, which has experienced significant growth since the legalization of hemp in 2016, faces potential disruption due to proposed legislation aimed at banning products derived from hemp flowers. Prime Minister ...
Tech Pioneer James Clark Revives Eaze with $10M Investment
LOS ANGELES- James Clark, a tech industry veteran known for transformative ventures like Netscape, has turned his attention to the cannabis sector with a bold acquisition. In August, his firm FoundersJT LLC purchased the assets ...
Ireland’s Fianna Fáil Clarifies Stance on Drug Decriminalization: Focus on Cannabis, Excludes Hard Drugs
LOS ANGELES- Fianna Fáil has clarified its stance on drug decriminalization, specifying that its proposal to decriminalize possession for personal use applies exclusively to cannabis and excludes substances such as cocaine and heroin. This clarification ...
Idaho Activists File Cannabis Decriminalization Measure for 2026 Ballot
LOS ANGELES- In a strategic move following the rejection of cannabis legalization measures in three states during the 2024 general election, Idaho advocacy group Kind Idaho has submitted a ballot initiative aimed at decriminalizing personal ...
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
Avant Brands Reports Third Quarter Fiscal 2021 Financial Results
KELOWNA, BC– Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP), a producer of high quality, handcrafted cannabis products, announced its financial results for the third quarter of fiscal 2021 ended August 31, 2021. "We are ...
Innocan Pharma Corporation Closes C$8.2 Million Private Placement with Institutional Investors
HERZLIY, Israel – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announced that it has closed its previously announced private placement of the Company's common shares and warrants to purchase common shares to institutional ...
Cannabis E-Commerce Company Dutchie Doubles Valuation Raising $350M In New Funding Round
LOS ANGELES–Dutchie a Cannabis e-commerce platform announced on Thursday that it has doubled its valuation and has raised $350 million in its latest funding round that valued the company at $3.75 billion. This funding round ...
GreenBroz Inc. To Showcase New Cannabis Post-Harvest Processing Technology at MJBizCon
LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- GreenBroz Inc., the leading-edge developer of cannabis post-harvest processing automation technology, today announced they will kick off MJBizCon 2021 with an all-new exhibit in the Central Hall at booth C6238, highlighting next-gen product ...
Triminator Introduces New Breed of Cannabis Trimmer
GRASS VALLEY, Calif. - Triminator, a manufacturer of hemp and cannabis processing equipment, today introduced a new type of cannabis trimmer — and a new paradigm for trimming cannabis. The Triminator Hybrid enables cultivators to ...
Introducing Happi: Cannabis-Infused Sparkling Water
BIRMINGHAM, Mich. - Meet Happi, Michigan's cannabis-infused sparkling water. With all-natural, vegan ingredients and a microdose of 2.5mg of THC per can, Happi is redefining happy hour with a better-for-you alcohol alternative. Happi believes that ...
Canopy Growth Announces Plan to Acquire America’s Wana Brands for $298 Million
SMITHS FALLS, ON and BOULDER, Colo. - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC announced that they have entered into definitive agreements ...
Trulieve Brings Medical Cannabis to Cutler Bay, Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), the multi-state operator (MSO) in the United States, announced the opening of a new dispensary in Cutler Bay, Florida. Cutler Bay will be Trulieve's 97th ...
Roach Enters Michigan Market With Innovative Pocket-Size Vape
CHESANING, Mich. - Six Labs, a licensed cultivator in the state of Michigan, has announced a licensing deal with Los Angeles-based Roach, the disposable live-resin vaporizer, to produce and provide Roach products in Michigan. The ...
Custom Cones USA Debuts Fully Automated Infused Pre-Roll Machine
KENT, Wash. - Custom Cones USA launched the development of the machine that automatically produces infused pre-rolls. Capable of accurately infusing a pre-roll every 4.5 seconds, this automated pre-roll machine can infuse up to 800 ...
Debt Financing: The Lynchpin Enabling Cannabis Companies to Outpace Competition, Manage Long-term Expenses
LOS ANGELES–Bespoke Financial, the nation’s first cannabis-focused fintech lender, has also become the first to provide cannabis operators with an inventory revolving line of credit, allowing companies to achieve a competitive advantage by better managing ...
Curaleaf’s Select Brand Diversifies Edible Offerings with New Select Snooze Bites
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a provider of consumer products in cannabis, has expanded its suite of innovative products with the addition of Select Snooze Bites, which are rolling ...
TerrAscend Issues Special Meeting Materials in Connection with Gage Cannabis Acquisition
NEW YORK and TORONTO - TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has commenced mailing of materials to shareholders of TerrAscend, including the management information circular of the ...
Trulieve Announced Week of Dispensary Reopenings Across Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), operator (MSO) in the United States, announced the reopening of four dispensaries formerly branded as Harvest House of Cannabis in Jacksonville, Gainesville, Kissimmee, and West ...
PURA Features Hemp Blue Jeans as Validation of Farmersville Hemp Brand Opportunity
DALLAS - Puration, Inc. (USOTC: PURA) is building hemp processing and cultivation partnerships with the intention of establishing an industrial hemp brand cooperative under the Farmersville Hemp Brand name. In the fashion that Sun-Maid Raisins ...
