M4MM
Allegations of Predatory Contracts Surface in Missouri’s Social Equity Cannabis Program
LOS ANGELES- Missouri’s social equity cannabis licensing program faces scrutiny amid allegations of predatory investor contracts. Designed to benefit disadvantaged individuals, the program has seen reports of investors using deceptive agreements to gain control of ...
Florida’s Amendment 3 Sets Record for Cannabis Legislation Funding
LOS ANGELES- Amendment 3, a measure to legalize recreational cannabis for adults 21 and over, is on Florida's ballot this November. The campaign, led by Smart & Safe Florida, has become the most expensive cannabis ...
Ontario Leads Canadian Cannabis Sales
LOS ANGELES- Canada's legal cannabis market continues to show strong performance, with sales exceeding $2.4 billion in the first half of 2024, according to data from Statistics Canada. The provinces driving these numbers were Ontario, ...
California Advances Bill for Regulated Therapeutic Use of Psychedelics
LOS ANGELES- California is making strides in pioneering psychedelic-assisted therapy through proposed legislation aimed at establishing regulated centers for adult usage of substances like psilocybin, MDMA, and mescaline. The "Regulated Therapeutic Access to Psychedelics Act," ...
Attorney General Takes Legal Action Against Retailers for Selling Synthetic THC to Minors
LOS ANGELES- Nebraska's Attorney General, Mike Hilgers, has launched legal action against several local retailers for allegedly selling synthetic THC products to minors. The lawsuit, filed against entities including Midwest Smoke Shop, accuses the retailers ...
Planet 13 Advances Florida Expansion with Strategic Acquisitions
LOS ANGELES- Las Vegas-based multistate cannabis operator Planet 13 Holdings Inc. is poised to expand its footprint in the Florida medical cannabis market following regulatory approval to sell its existing license in the state. The ...
California’s Cannabis Tax Collection Challenges Highlight Business Closure Impact
LOS ANGELES- California's cannabis industry faces significant fiscal challenges as a substantial portion of overdue taxes remains uncollected, primarily due to the closure of indebted businesses. According to a new report by Greenwave Advisors, the ...
Allegations of Predatory Contracts Surface in Missouri’s Social Equity Cannabis Program
LOS ANGELES- Missouri’s social equity cannabis licensing program faces scrutiny amid allegations of predatory investor contracts. Designed to benefit disadvantaged individuals, the program has seen reports of investors using deceptive agreements to gain control of ...
Florida’s Amendment 3 Sets Record for Cannabis Legislation Funding
LOS ANGELES- Amendment 3, a measure to legalize recreational cannabis for adults 21 and over, is on Florida's ballot this November. The campaign, led by Smart & Safe Florida, has become the most expensive cannabis ...
Ontario Leads Canadian Cannabis Sales
LOS ANGELES- Canada's legal cannabis market continues to show strong performance, with sales exceeding $2.4 billion in the first half of 2024, according to data from Statistics Canada. The provinces driving these numbers were Ontario, ...
NuLeaf Naturals Launches New Multicannabinoid Formula
DENVER–On July 9, 2021, NuLeaf Naturals launched their new Multicannabinoid™ oil and softgels. NuLeaf Naturals Multicannabinoid™ is a comprehensive formula designed to elevate your health and wellbeing. They say their daily blend contains several key ...
GrowGeneration Acquires Mendocino Greenhouse & Garden Supply Expanding Footprint in California’s Emerald Triangle
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Mendocino Greenhouse and Garden Supply, a Northern California-based hydroponic garden center, located in Mendocino, California. Mendocino ...
Cannabis Concentrate Sales Rose 50% On 710 Cannabis Oil Day
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, shows that concentrate sales were up 50% on Saturday, July 10th also known as "710 Day", as inverting the value 710 spells OIL, another word ...
Body and Mind Closes US$11 Million Debt Financing
VANCOUVER, BC–Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), a multi-state operator, is pleased to announce that it has closed a US$11.1 million debt financing with related entities to FocusGrowth Asset Management, LP. Under the ...
Master Hashish Maker Frenchy Cannoli Has Died
SAN FRANCISCO–Frenchy Cannoli, the legendary Californian-French Hashish Maker has died, according to a post on his company Instagram account. Frenchy was a California-based teacher, consultant, artisan, and activist dedicated to the production and appreciation of traditional ...
Audacious Acquires LOOS, a California Beverage & Edibles Company
LAS VEGAS– Australis Capital Inc., operating as Audacious (CSE: AUSA) (OTC: AUSAF), today announced the Company has entered into a binding terms sheet to acquire all of the issued and outstanding shares of Gary Maverick ...
The Green Organic Dutchman Announces Preliminary Unaudited Second Quarter 2021 Revenue, Appoints Chief Growth Officer
TORONTO–The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a leading producer of premium certified organically grown cannabis in Canada, today announced preliminary unaudited revenue for the second quarter of 2021, reflecting growth of ...
Harborside Announces Management Changes
OAKLAND–Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced that Peter Bilodeau has been asked to step down from his role as Interim Chief Executive Officer effective immediately, and Matt ...
The Parent Company Extends Cannabis Accessibility with Launch of Mobile Shopping App
SAN JOSE–TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading vertically-integrated cannabis company, announced the launch of an upgraded, shoppable app available through Apple's App Store, allowing California-based consumers to make cannabis purchases through the ...
Mera Acquires Greenleaf Productions Inc. And Receives Health Canada Standard Processing Licence
ST. THOMAS, ON– MERA announced that, effective July 7, 2021, it completed the acquisition of all of the issued and outstanding shares of Greenleaf Productions Inc. under a share purchase agreement with the shareholders of ...
2 Chainz and GAS Cannabis Teams Up With Black-Owned Cannabis Direct to Consumer Technology Platform, CampNova
LOS ANGELES– GAS Cannabis by 2 Chainz, a Grammy Award Winning hip-hop artist, is teaming up with direct-to-consumer Black-owned cannabis lifestyle technology platform, CampNova. Through this exclusive partnership, with just a few clicks and a matter ...
HCN Investigates: Cannabis SPACs: What Are They? What Should You Know About Them?
LOS ANGELES– Cannabis companies have traditionally had trouble gaining funding via public offerings. With SPACs, entities in the cannabis and hemp sectors can be publicly traded in both American and Canadian markets. What are cannabis ...
Neptune Reports Fourth Quarter and Fiscal 2021 Results
LAVAL, QC– Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based brands, today announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2021. ...
A LIFE IN A DAY: Jeffrey Batliner: Cannabis Industry Personalities
Jeffrey Batliner, Chief Financial Officer of Unrivaled Brands, Inc., joined the company in December of 2018 when he was hired as the Director of Financial Reporting, where his responsibilities focused on SEC Reporting as well ...
Florida Initiates Process for New Medical Cannabis Licenses
MIAMI–The Florida Department of Health (DOH) recently announced it is kicking off rulemaking for two separate competitive medical cannabis treatment center (MMTC) license application processes. Key-Takeaways This announcement has been a long time coming, as ...
