M4MM
Rhode Island Proposes Psilocybin Legalization and State-Regulated Therapy Program Pending Federal Rescheduling
LOS ANGELES- In January 2025, Rhode Island lawmakers introduced House Bill 5186, aiming to legalize psilocybin possession and cultivation for personal use. The bill proposes that individuals be allowed to cultivate psilocybin within their residences ...
Cannabis Legalization Measures Face Challenges in 2024 Elections
LOS ANGELES- In the 2024 elections, marijuana legalization measures faced significant challenges across multiple states. Notably, only Nebraska succeeded in relaxing restrictions by approving two ballot measures that legalized medical cannabis and established a regulatory ...
PharmaCann Defaults on Innovative Industrial Properties Leases
LOS ANGELES- On December 19, 2024, PharmaCann Inc., a privately held and vertically integrated cannabis company, defaulted on its December rent obligations for six of the eleven properties leased from Innovative Industrial Properties, Inc. (IIP). ...
Optimi Health and Psyence Biomedical Sign LOI for Psilocybin Supply Agreement
LOS ANGELES- Optimi Health, a GMP-approved and Health Canada-licensed psychedelics pharmaceutical manufacturer, has entered into a non-binding Letter of Intent (LOI) with Psyence Biomedical Ltd. . This partnership positions Optimi as the exclusive supplier of ...
Emerald Cup Unites with Local Oakland Dispensary Lounge Urbana for 20th Anniversary Celebrating Legacy and Community
OAKLAND — As the Emerald Cup marks its 20th anniversary this year, the event continues to evolve while staying true to its roots. Often hailed as the "Academy Awards of Cannabis," the Emerald Cup is ...
Silo Pharma Collaborates with WuXi AppTec for Preclinical MS Research
Silo Pharma Inc. a biopharmaceutical company, has entered into a collaboration with WuXi AppTec to conduct preclinical research on a novel peptide, SPU-16, aimed at treating multiple sclerosis (MS). This partnership focuses on assessing the ...
MariMed Reports Q2 2024 Earnings with Revenue Growth Amid Margin Pressures
LOS ANGELES- MariMed Inc., a Massachusetts-based multistate cannabis operator, reported its financial results for the second quarter of 2024, revealing strong revenue growth alongside increased expenses and margin pressures as the company continues to expand ...
Rhode Island Proposes Psilocybin Legalization and State-Regulated Therapy Program Pending Federal Rescheduling
LOS ANGELES- In January 2025, Rhode Island lawmakers introduced House Bill 5186, aiming to legalize psilocybin possession and cultivation for personal use. The bill proposes that individuals be allowed to cultivate psilocybin within their residences ...
Cannabis Legalization Measures Face Challenges in 2024 Elections
LOS ANGELES- In the 2024 elections, marijuana legalization measures faced significant challenges across multiple states. Notably, only Nebraska succeeded in relaxing restrictions by approving two ballot measures that legalized medical cannabis and established a regulatory ...
PharmaCann Defaults on Innovative Industrial Properties Leases
LOS ANGELES- On December 19, 2024, PharmaCann Inc., a privately held and vertically integrated cannabis company, defaulted on its December rent obligations for six of the eleven properties leased from Innovative Industrial Properties, Inc. (IIP). ...
Wild Hempettes Successfully Defends Rights of Adult Texans to Enjoy Texas Smokable Hemp Products
DALLAS -- Wild Hempettes LLC, the Dallas based manufacturer of Wild Hemp Hempettes branded smokes, is pleased to announce that its efforts as lead plaintiff in Crown Distributing LLC, et al. v. Texas Department of State Health Services, et ...
Red Light Holland Successfully Completes Canada’s Largest Legal Sale and Import of Psilocybe Truffles into Canada
TORONTO- Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles, is pleased to announce that it ...
Advanced Extraction Systems completes commissioning of euGMP CO2 extraction System project at Pharmarolly LLC
CHARLOTTETOWN, PE and SKOPJE, North Macedonia - Advanced Extraction Systems Inc, and Pharmarolly Holdings B.V. announced the completion of a sales agreement and the commissioning of an AESI CO2 extraction system to produce high quality ...
Goodness Growth Holdings Subsidiary Resurgent Biosciences Receives Patent for Cannabis-Based Moist Snuff Products
MINNEAPOLIS -- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), science-focused cannabis company and IP incubator, today announced that the United States Patent and Trademark Office has issued a Notice of Allowance for its subsidiary ...
Harvest Health & Recreation Inc. Announces Planned Divestiture of Florida License
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the signing of a definitive agreement to divest its Medical Marijuana ...
The Valens Company Announces the Acquisition of Verse Cannabis and Creates Top Tier Canadian Licensed Producer
KELOWNA, BC,- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) a manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, ...
Peak Partners With Boston Beer Company
TECUMSEH, ON - Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), is a developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products announced that the Company has entered ...
Council for Federal Cannabis Regulation Hires Sarah A. Chase as New Executive Director
WASHINGTON, -- Sheri Orlowitz, Founder and President of the Council for Federal Cannabis Regulation (CFCR), announced the appointment of Sarah A. Chase as the organization's first Executive Director. A lifelong champion for mission-driven and social ...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp.
KELOWNA, and VANCOUVER, BC, - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) announced they have entered into an arrangement ...
Canonic Announces Pre-Launch of its First Generation Medical Cannabis Products in Israel
REHOVOT, Israel -- Canonic Ltd. announced today the pre-launch of its first-generation medical cannabis inflorescence products. Canonic's first product line, G-nnovation, is based on cannabis varieties that were selected and developed to express high levels of ...
Passion For the Plant: A Tribute to Frenchy Cannoli
Legendary hash maker and cannabis icon Frenchy Cannoli had a larger-than-life spirit, one that was taken away from this world too soon. The beloved educator, craftsman, and father passed away on July 18th due to ...
What’s Next for Drug Policy Reform and Psychedelics in Colorado?
LOS ANGELES– With an eye towards the 2022 General Elections, the Psychedelic Club of Denver recently hosted a panel of drug policy experts and psychedelic advocates to discuss “Exploring Ways to End the Drug War.” The ...
Understanding the Shifting Trends of State and Federal CBD Laws and Regulations
LOS ANGELES–A recent projection by Graphical Research found the North American cannabidiol market is expected to surpass $61.2 billion in size by 2027. With a growing market and hands-off approach by the Federal Food and Drug Administration, ...
Hollister Biosciences Inc. Announces Appointment of Two New Board Members
VANCOUVER, BC. - Hollister Biosciences Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building ...
Kona Gold Beverage, Inc. Raises $3 Million
MELBOURNE, Fla. -- Kona Gold Beverage, Inc. is pleased to announce it has raised $3 million in capital via a Securities Purchase Agreement with YA II PN, LTD. Kona Gold Beverage will use the proceeds from the capital ...
