M4MM
Definium Doses First Patient in Second Phase 3 LSD-Based Trial
NEW YORK – Definium Therapeutics Inc. has taken another step forward in its late-stage testing of a psychedelic-derived treatment for major depressive disorder. The company announced that the first participant received a dose in the ...
Glass House Brands Reports Q1 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its first-quarter earnings for 2026, showing revenue slightly ahead of internal expectations but down from the year-ago period, with profitability pressured by higher costs and soft wholesale ...
Planet 13 Reports Q1 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. released its first-quarter 2026 financials, reflecting the effects of substantial operational changes and declines in top-line figures, yet showcasing margin gains and cost controls as indications of progress ...
Verano Reports Q1 2026 Financial Results
CHICAGO – Verano Holdings Corp. released its financial results for the three months ended March 31, 2026, showing revenue largely in line with recent quarters as the multi-state Cannabis operator managed wholesale pressures while leaning ...
SNDL Reports Q1 2026 Financial and Operational Results
EDMONTON – SNDL Inc. disclosed a 4.4% drop in net revenue for the three months ended March 31, 2026, as softness in both its Cannabis and liquor businesses weighed on results. The company, which operates ...
Hemp THC Ban Moves Closer as Congressional Fixes Collapse
WASHINGTON – The federal clock on hemp-derived THC products is ticking with no sign of relief from Capitol Hill. Amendments filed last week to delay, or in one case accelerate, the November 12 ban on ...
Helus Pharma Teams Up with TARA Mind on Veteran Mental Health Efforts
NEW YORK – Helus Pharma, a clinical-stage biopharmaceutical company focused on developing novel serotonergic agonists (NSAs) to treat mental health conditions, announced it has joined forces with TARA Mind to help recruit veterans for its ...
Definium Doses First Patient in Second Phase 3 LSD-Based Trial
NEW YORK – Definium Therapeutics Inc. has taken another step forward in its late-stage testing of a psychedelic-derived treatment for major depressive disorder. The company announced that the first participant received a dose in the ...
Glass House Brands Reports Q1 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its first-quarter earnings for 2026, showing revenue slightly ahead of internal expectations but down from the year-ago period, with profitability pressured by higher costs and soft wholesale ...
Planet 13 Reports Q1 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. released its first-quarter 2026 financials, reflecting the effects of substantial operational changes and declines in top-line figures, yet showcasing margin gains and cost controls as indications of progress ...
From Cherokee to California: The New Bipartisan Crackdown on ‘Kid-Friendly’ Cannabis Marketing
LOS ANGELES- The California Department of Cannabis Control (DCC) issued fresh guidance this week reminding licensees that marketing, packaging, and labeling that could appeal to minors is strictly prohibited under MAUCRSA. It specifically highlighted bright ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Investors and operators tuned in closely over the past fortnight as political signals rippled through boardrooms and trading floors, underscoring the sector's knack for turning headlines into hard dollars. Federal nods to ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Ohio Governor Enacts Halt on Sales of Hemp-Derived THC Products
COLUMBUS – Ohio Governor Mike DeWine issued an executive order on October 8, 2025, directing retailers to pull intoxicating hemp products from shelves by next Tuesday, marking a sharp intervention in the state's unregulated market ...
Germany’s Cabinet Advanced Restrictions Balancing Access and Control in Medical Cannabis
BERLIN – Germany's federal cabinet cleared a draft bill that would require in-person doctor consultations before issuing medical Cannabis prescriptions and prohibit mail-order shipments, addressing a fourfold jump in imports over the past year. The ...
Tilray Brands Reports Fiscal Q1 2026 Earnings
NEW YORK – Tilray Brands Inc. swung to a profit in its fiscal first quarter, fueled by record revenue and sharper cost management, as the Cannabis company builds on a multiyear turnaround. For the period ...
Cannabis Debt Yields Show Wide Gaps Among Top Operators, Viridian Analysis Finds
LOS ANGELES – A fresh assessment of credit profiles among leading U.S. Cannabis companies points to notable discrepancies in debt pricing that could signal untapped value for savvy investors and fixed-income players. Viridian Capital Advisors ...
DMT Reveals Promising Potential in Stroke Recovery, Study Finds
LOS ANGELES – A compound long associated with visionary experiences in plants like ayahuasca may hold untapped value in treating one of medicine's toughest challenges: brain damage from strokes. Hungarian researchers report that N,N-dimethyltryptamine, or ...
Canopy Growth Shifts DOJA Site to Medical-Only Production in Canada
SMITHS FALLS, ON – Canopy Growth Corporation has repurposed its DOJA cultivation facility in Kelowna, British Columbia, to focus solely on medical Cannabis. The change positions the site as a dedicated supplier for its Spectrum ...
Spain Cabinet Greenlights Medical Cannabis Framework
MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...
Michigan Cannabis Trade Group Challenges New 24% Wholesale Tax in Court
LANSING – Yesterday, hours after Gov. Gretchen Whitmer put her signature on Michigan's latest state budget, the Michigan Cannabis Industry Association moved swiftly to court, filing suit to block a fresh 24% excise tax on ...
NY Cannabis Market Posts Record August Sales, OCM Reports
NEW YORK – New York dispensaries rang up $214.4 million in legal Cannabis sales in August, the highest total since the program's start nearly three years ago, according to the state's Office of Cannabis Management. ...
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like Cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
