M4MM
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
South Carolina AG Confirms Legality of Hemp-Derived THC Beverages
LOS ANGELES- South Carolina Solicitor General Robert D. Cook issued a legal opinion on Sept. 16, affirming that nonalcoholic beverages containing hemp-derived delta-9 THC are legal under the 2018 Farm Bill, provided they contain no ...
The High Stakes of Cutting Corners in Regulatory Employee Compliance
LOS ANGELES — In the cannabis industry, regulatory compliance is not a mere formality, but it’s a vital safeguard against financial losses, legal challenges, and operational disruptions. An often overlooked yet incredibly high-stakes area of ...
Pennsylvania Lawmakers Introduce Bipartisan Bill to Legalize Recreational Cannabis
LOS ANGELES- A bipartisan group of Pennsylvania lawmakers introduced a bill last week to legalize recreational cannabis for adults. The legislation, known as House Bill 2500, was sponsored by Republican Rep. Aaron Kaufer and Democratic ...
Psyence Biomed Advances Clinical Trials in Psilocybin for Mental Health Treatments
LOS ANGELES- Psyence Biomedical Ltd. a life science biotechnology company focused on natural psychedelics for mental health, has issued updates on its progress in clinical research and corporate development. The company is leading efforts to ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
Harvest Opens Fourteenth Florida Dispensary in Port St. Lucie
PHOENIX - Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a cannabis company and multi-state operator in the U.S., announced the opening of a new medical dispensary in Port St. Lucie, Florida. Harvest of ...
THC BioMed Receives Purchase Orders from 30 Dispensaries in the Province of Manitoba
VANCOUVER, BC - THC BioMed Intl Ltd. announced that it has received orders from 30 dispensaries in the province Manitoba. The Company is also pleased to announce that it has begun shipping THC KISS cannabis ...
High Tide Opens New Canna Cabana Retail Cannabis Stores in Fort Erie and Innisfil, Ontario
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced today that its Canna Cabana retail cannabis stores ...
Burb Announces $4 Million Funding Round to Expand Retail Operations In Canada and United States
VANCOUVER, BC - Burb Cannabis Corp., a cannabis lifestyle brand and high-end retailer with branded products and apparel, has successfully closed its $4M Series A funding round, led by Connecticut-based private equity group KarpReilly. The ...
Elixinol Expands Product Line With First CBD Pet Collection
WESTMINSTER, Colo. - Elixinol, a hemp-derived CBD brand and industry veteran, introduced its first line of pet products. The new collection is specifically formulated for dogs and includes a bacon-flavored tincture and two functionally focused ...
First Hemp Producer to Certify in Cannabis Authenticity and Purity Standard
GUELPH, ON - As the global CBD and Cannabis market continues to try and raise the bar on consistency, quality, and efficacy, Purity-IQ is proud to announced its partnership with Blue Sky Hemp Ventures; the ...
Greenlight Distribution hires Erik Elder as new Director of Sales
DENVER - Greenlight Distribution, a seller of products and a direct lender to U.S. commercial cannabis cultivators, announced it hired Erik Elder as its new Director of Sales. Elder is an 18-year veteran of the ...
Canadian Multinational Globe-Cann Expands its Operations to South Africa
DURBAN, South Africa - Canadian company Globe-Cann Inc. (Globe-Cann) announced the inauguration of a new point of presence in the Durban Region in South Africa. With multiple business relationships in Colombia, Thailand and Mexico, Globe-Cann ...
Pure Jamaican, Through Its Gi Life Farm in Jamaica, Announced a Donation of 10,000 Premium Cannabis Seeds to the Country of St. Vincent and the Grenadines
KINGSTOWN, Saint Vincent And the Grenadines - The Pure Jamaican group of companies announced the donation of 10,000 premium, feminized cannabis seeds to the CARICOM member state of Saint Vincent and the Grenadines (SVG). The ...
SKYMINT Acquires 3Fifteen Cannabis and Completes Concurrent $78 Million Financing From SunStream Bancorp and Merida Capital
ANN ARBOR, Mich. - SKYMINT, a vertically integrated cannabis company, announced the acquisition of 3Fifteen Cannabis, the closing of its concurrent $70 million Senior Secured Term Loan from Tropics LP, an affiliate of SunStream Bancorp ...
CaniBrands® Releases New Cani-Wellness™ Non-CBD Oral Spray Supplements – Cani-Boost™ Cani-Mend™, Cani-Fresh™ and Cani-Sleep™
MISSISSAUGA, ON - CaniBrands Inc., the sports, fitness, and wellness company, announced the release of the Cani-Wellness line of non-CBD supplements to provide more natural alternatives to consumers. Four plant-based oral sprays focus on different ...
Charlotte’s Web Launches New Hemp CBD Gummies
DENVER - Charlotte's Web, Inc., announced the addition of three new Charlotte's Web™ Gummies. New Daily Wellness, THC-Free and Immunity gummies now are available online and begin shipping to many of the Company's 14,000 retail ...
Cannabics Pharmaceuticals hires Healthcare Investment Banker Dr. David Sans in New York to expand CNBX in Mental Health Diseases
TEL AVIV, Israel and BETHESDA, Maryland - Cannabics Pharmaceuticals Inc. (CNBX), a company in the development of cancer related cannabinoid-based medicine, announced the hire of Dr. David Sans FAARM, PhD, MBA in New York to ...
Petalfast Inc. Announced Appointment of Jennifer Dooley to Board of Directors
IRVINE, Calif. - Petalfast Inc., a full spectrum sales and marketing agency for cannabis brands, announced the appointment of Jennifer Dooley to its Board of Directors. With over a decade of experience building and positioning ...
AF Life Sciences Announces Strategic Brand Partnership with Global Cannabis Advocate, Cheech Marin
DENVER - Today, AF Life Sciences announced a Strategic Manufacturing, Marketing, and Global Distribution Partnership with Cheech Marin, an actor, writer, comedian, and cannabis advocate who came to fame in the comedy and movie scenes ...
