M4MM
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 ...
Minnesota Prepares for Cannabis Market with New Legislation
LOS ANGELES- Minnesota will allow some commercial cultivators to begin growing cannabis later this year in preparation for the state's upcoming retail market. The state will award cannabis business licenses through a vetted lottery system ...
Texas Poll Shows Majority Support for Cannabis Legalization
LOS ANGELES- A statewide poll in Texas has revealed that six out of 10 adults support legalizing cannabis, marking the first time the poll has shown a solid majority. The Texas Lyceum Poll, now in ...
Martha’s Vineyard Dispensary Sues for Cannabis Transport Rights
LOS ANGELES- A dispensary in Martha’s Vineyard, Massachusetts, has filed a lawsuit against the state Cannabis Control Commission (CCC) over rules prohibiting the transport of cannabis products by boat across the Vineyard Sound. The lawsuit, ...
Hemp THC Products Face Potential Ban Under Farm Bill Amendment
LOS ANGELES- An amendment to the House version of the Farm Bill aims to ban the sale of hemp-derived delta-8 THC and other intoxicating hemp products. Proposed by Illinois Republican Rep. Mary Miller, the amendment ...
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 ...
Caliper CBD Announces New Limited-Run Lemonade Swiftsticks Flavor
DENVER– Caliper, a leading brand of clinically substantiated dissolvable CBD powders, today announced its popular Swiftsticks product is unveiling a limited-edition lemonade flavor. As the weather heats up and summer is in full swing, the ...
Medterra Becomes The Leading CBD Brand in Grocery
IRVINE, Calif.,–Medterra, a leading brand in CBD, is now the best-selling brand in U.S. grocery stores nationwide. According to a recent SPINS report, the leading provider of retail data and insights, consumers are more aware of the ...
Missouri Medical Cannabis Sales Top $70M Sales Since October 2020
JEFFERSON, Mo.– Missouri's medical cannabis dispensaries sold nearly $16.4 million worth of cannabis products in June, bringing the yearly total in the state to more than $70 million. That’s according to the Missouri Medical Cannabis Trade ...
The Parent Co & Glass House Terminate $50 Million Cannabis Investment Deal
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that its previously announced conditional agreement to complete a $50 million strategic investment in GH Group, Inc, has been terminated by the parties effective today and the ...
Gage Growth Corp. and Wiz Khalifa’s Khalifa Kush Announce Partnership
DETROIT–Today, Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator in Michigan, announced their exclusive partnership agreement with multi-platinum-selling, GRAMMY Award and Golden Globe® Award-nominated recording artist Wiz Khalifa's brand, Khalifa Kush, to ...
Leading Psychedelic Wellness Company Delic Completes Acquisition of Ketamine Infusion Centers
VANCOUVER, BC– Delic Holdings, Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness company has completed its acquisition of Ketamine Infusion Centers LLC. KIC is a limited liability corporation in Arizona, which owns and operates two ...
The Valens Company Enters Agreement to Manufacture Beverages and Edibles for Gallery Brands
KELOWNA, BC,– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, announced today that it has entered a custom manufacturing agreement with Gallery Brands ("Gallery"), a premier cannabis brand house with a ...
California’s Largest Licensed Cannabis Wholesale Marketplace Nabis Secures $23 Million in Series B Funding
SAN FRANCISCO,– Nabis, a California's largest licensed cannabis wholesale marketplace platform, announced the company raised $23 million in a Series B funding round. The infusion of capital will support expansion of Nabis' online wholesaling business ...
Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category
NEWPORT BEACH–Kadenwood, a leading plant-based wellness company dedicated to fostering consumer trust and transparency, has raised $50 million of cash and media value in a Series B fundraising round with global purpose-led investment house The Craftory and Arcadian ...
Harborside Completes Acquisition of Sublime
OAKLAND–- Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced the completion of its previously announced acquisition of Sublimation Inc., an award-winning cannabis manufacturing company located in Oakland, CA, for ...
Leading Cannabis Law Firm Vicente Sederberg Launches ESG Practice
DENVER– Vicente Sederberg LLP, a leading national cannabis law firm, announced Tuesday it has formed an environmental, social, and governance practice aimed at helping the burgeoning cannabis and hemp industries become leaders in sustainability, corporate ...
Mexico Decriminalizes Cannabis Consumption For Personal Use
MEXICO CITY–Mexico's Supreme Court struck down laws which criminalized the recreational use of cannabis on Monday evening. While this falls far short of full supply chain legalization, Adults will be able to apply for permits to grow ...
USA’s 4th of July Weekend Cannabis Sales Forecast To Break Records
DENVER– The fourth of July is America's independence day. The U.S. national anthem, the 'Star-Spangled Banner,' recounts the famous battle of Fort McHenry, in the War of Independence and, since then, the day is famous ...
Pure Craft CBD Launches New Watermelon-Flavored Vegan CBD Gummies
SAN DIEGO–Pure Craft CBD, a CBD brand using nanotechnology to make premium bio-available products, is launching new watermelon-flavored vegan CBD gummies, perfect for the summer. A fan-favorite, Pure Craft CBD's gummies are vegan and come ...
Cannex Scientific Announces Agreement to Advance Commercialization of FDA-Regulated Cannabinoid Therapies
PITTSBURGH–Cannex Scientific Inc. a biopharmaceutical company focused on therapeutic discoveries in the area of cannabinoid medicine, today announced it has entered into a sponsored research agreement with Brigham and Women's Hospital. Cannex Scientific, through this ...
