M4MM

Proposed New York Cannabis Legislation May Introduce Regulatory Challenges

LOS ANGELES- New York State legislators are considering a bill that could modify existing restrictions on intoxicating hemp products, potentially impacting the state's legal cannabis market. The proposed legislation aims to ease limitations on certain ...

Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results

LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...

Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation

LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...

Aurora Cannabis Reports Q2 Revenue Growth

LOS ANGELES- Aurora Cannabis Inc. announced a 29% increase in revenue for the second quarter of fiscal 2025, reaching $81.1 million. This growth is attributed primarily to the rising demand for its medical cannabis products ...

Verano Reports Steady Q2 Earnings

LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator in the U.S., reported its Q2 earnings on August 7th. The company met analysts' expectations with an EPS of ($0.05), showing a decline with negative ...

Key States to Decide Cannabis Legalization in 2024

LOS ANGELES- In November 2024, voters in four states—Florida, Nebraska, North Dakota, and South Dakota—will decide on significant cannabis ballot measures. Florida, the most populous among them, aims to transition from a medical-only market to ...

From Progress to Plateau: Democrats’ Shifting Gains on Cannabis Reform

LOS ANGELES- The Biden administration has a significant record on cannabis reform, characterized by policy shifts that have altered federal attitudes toward legalization. President Biden's notable moves include an October 2022 executive action urging agencies ...

Proposed New York Cannabis Legislation May Introduce Regulatory Challenges

Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results

Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation

Seattle Decriminalizes Most Psychedelic Drugs

SEATTLE–Seattle’s City Council approved a resolution Monday to decriminalize psychedelic substances, including the cultivation and sharing of psilocybin mushrooms, ayahuasca, ibogaine and non-peyote-derived mescaline. These traditional medicines had been banned during the failed ''War On ...

Vicente Sederberg Expands Service Offerings in Michigan With Addition of Ann Arbor-based Partner Travis Copenhaver

ANN ARBOR, Mich. — Leading local cannabis attorney Travis Copenhaver joined national cannabis law firm Vicente Sederberg LLP as a partner this month as the firm significantly expands its service offerings across Michigan. Copenhaver focuses his practice on cannabis ...

Enjoy Hemp Expands Line Launching Uplift and Relax Delta-8 THC Syrups/Drink Additives

MIAMI - Enjoy Hemp, an industry of hemp-derived products, and the line of hemp-derived Delta-8 THC products designed for customers to "enjoy life" how they choose, has launched Delta-8 THC Syrup. Enjoy Hemp's Delta-8 Syrup ...

Inland Detox Introduces Pharmacogenetics Testing

TEMECULA, Calif. - As the opioid epidemic continues to worsen, many people are looking for help in detox and rehab. Over the last 7 years, the team at Inland Detox has helped people recover from ...

Kaival Brands to Launch UK Market

GRANT, Fla. - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), the global distributor of products manufactured by Bidi Vapor, LLC, announced its plan to launch distribution of its products in the United Kingdom. Following the ...

Afro-Caribbean Cannabis Beverage Brand Launches New E-Commerce Store

BROOKLYN, N.Y. - 1 year after launching the first Black-owned Afro-Caribbean cannabis beverages in California, SHOKi Beverages Corporation announced immediate nationwide availability to pre-order uninfused versions of their popular and non-alcoholic cannabis cocktail mixers known ...

Hockey Goaltender David Ayres Joins CaniBrands® as a Brand Ambassador

MISSISSAUGA, ON - CaniBrands Inc., a sports, fitness, and wellness company, announced a partnership with goaltender David Ayres. The hockey player, who made headline news around the world, is the newest ambassador for the growing ...

The Parent Company to Acquire Coastal, Expanding its Retail Network

SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has signed definitive agreements to acquire 100% of the equity of Coastal Holding Company, LLC, a California retail dispensary and delivery ...

RQS Pro Releases First Range of F1 Hybrid Cannabis Seeds

EINDHOVEN, The Netherlands - RQS Pro's internal cannabis F1 hybrid breeding program results in the first of several F1 hybrids. The B2B division of the Royal Queen Seeds brand believes that F1 hybrid seeds are ...

GroAdvisor Announced Series B Funding from Merida Capital Holdings

CHICAGO - GroAdvisor – announced the completion of its Series B round of funding from Merida Capital Holdings. With the successful closing, GroAdvisor will continue to focus on providing the industry with unparalleled service when ...

Leading SPAC Parallel Scraps $1.9 billion Merger Deal with Ceres Corp.

TORONTO–Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) announced a ''mutually agreed'' termination, effective immediately, of its Business Combination Agreement dated February 21, 2021 with SH Parent, Inc. Chewing gum heir William “Beau” Wrigley Jr.’s ...