M4MM
AICPA Calls for IRS Guidance on Cannabis Tax Policy Amid Potential Rescheduling
LOS ANGELES- The American Institute of Certified Public Accountants (AICPA) is calling on the IRS and Treasury Department to provide updated guidance on tax policy for cannabis businesses in light of a potential rescheduling of ...
Green Dragon and Eaze to Close Operations Amid Financial Challenges and Industry Downturn
LOS ANGELES- Green Dragon, a multi-state cannabis operator with facilities in Colorado and Florida, is set to cease operations by the end of 2024. This move will affect all 17 of its dispensaries in Colorado ...
NCIA Among Speakers Approved for DEA’s Landmark Cannabis Rescheduling Hearing in December
LOS ANGELES-The Drug Enforcement Administration (DEA) is preparing for its cannabis rescheduling hearing set for December 2 by selecting speakers to participate. Several organizations, including the National Cannabis Industry Association (NCIA), have received approval to ...
California Senate Halts Psychedelic-Assisted Therapy Bill
LOS ANGELES- In a significant setback for advocates of psychedelic-assisted therapy, California's proposal to legalize treatment centers for supervised access to substances like psilocybin and MDMA has been halted. The Senate Appropriations Committee dropped Senate ...
atai Life Sciences Announces Key Developments in Clinical Trials and Leadership Transition
LOS ANGELES- atai Life Sciences, a leading company in the mental health biopharmaceutical sector, has announced significant progress in its clinical trials and a strategic leadership transition, underscoring its commitment to advancing mental health care. ...
Silo Pharma Announces Positive Research Results on Depression Treatment
LOS ANGELES-Silo Pharma, Inc., a biopharmaceutical company specializing in novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, has announced new research findings indicating promising advances in depression remission and relapse prevention. ...
California Assembly Passes Bill to Allow Food, Drinks, and Events at Cannabis Cafes
LOS ANGELES- The California State Assembly has approved legislation permitting licensed cannabis cafes to serve food and non-alcoholic beverages and host live events, such as music and other performances. The bill now advances to the ...
AICPA Calls for IRS Guidance on Cannabis Tax Policy Amid Potential Rescheduling
LOS ANGELES- The American Institute of Certified Public Accountants (AICPA) is calling on the IRS and Treasury Department to provide updated guidance on tax policy for cannabis businesses in light of a potential rescheduling of ...
Green Dragon and Eaze to Close Operations Amid Financial Challenges and Industry Downturn
LOS ANGELES- Green Dragon, a multi-state cannabis operator with facilities in Colorado and Florida, is set to cease operations by the end of 2024. This move will affect all 17 of its dispensaries in Colorado ...
NCIA Among Speakers Approved for DEA’s Landmark Cannabis Rescheduling Hearing in December
LOS ANGELES-The Drug Enforcement Administration (DEA) is preparing for its cannabis rescheduling hearing set for December 2 by selecting speakers to participate. Several organizations, including the National Cannabis Industry Association (NCIA), have received approval to ...
Passive CBD Vending Announces Distribution Agreements with Major Property Management Companies
DOVER, Del.,– CBD Zero, a leading non-THC brand of CBD products, announces vending distribution agreements with JLL Properties and Spinoso Real Estate. Through CBD Zero's partnership with Passive CBD Vending, LLC., these locations will expand ...
AWH Deepens Commitment to Last Prisoner Project to Aid in Cannabis Criminal Justice Reform
NEW YORK–Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a multi-state, vertically integrated cannabis operator, today announced its enhanced commitment to Last Prisoner Project, a cannabis criminal justice-focused nonprofit organization. The pledge, which is part of a partnership with ...
Kadenwood Achieves Largest US CBD Retail Distribution Networ With Acquisition of Social CBD
NEWPORT BEACH, Calif.,–Kadenwood, a leading CBD consumer packaged goods company dedicated to fostering trust and transparency in the mainstream wellness category, announced the acquisition of the Social CBD brand. With this acquisition, Kadenwood will create ...
Viola Announces Mezz Brands As The Newest Incubator Partner
LOS ANGELES– Viola, the leading and only Black-owned multinational cannabis brand rooted in social equity, today announced a deal with Mezz Brands, the herbal culture lifestyle brand, making them the latest partner and inductee into ...
Trulieve Announces Expungement Clinics in Pittsburgh During the 2021 WPA Juneteenth Freedom Days Festival
TALLAHASSEE, Fla.,–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States and its dispensary group Solevo Wellness, today announced the sponsorship of expungement clinics in Pittsburgh, Pennsylvania as well as additional initiatives ...
Greenrose SPAC Announces Delisting on NASDAQ
NEW YORK–Cannabis-focused blank-check company Greenrose Acquisition Corp. has announced it plans on delisting its shares from the Nasdaq later this month, in anticipation of closing deals that would qualify it as a ''plant-touching'' business in ...
Weedmaps Lists on NASDAQ Under Ticker Symbol ‘MAPS’
IRVINE, Calif.,–WM Holding Company, LLC, a leading technology and software infrastructure provider to the cannabis industry, announced that it has completed its previously announced business combination with Silver Spike Acquisition Corp. The transaction was unanimously ...
Major Hemp CBD Expo Returns to Dallas
DALLAS–Lucky Leaf Expo is coming back to Dallas for its second annual Hemp CBD Expo. With the passing of House Bill 1325 Texas is poised to be the largest Hemp producing state in the nation. ...
Trait Biosciences Closes Series A C$31 Million Financing
VANCOUVER, BC–Trait Biosciences Inc.-- a cannabinoid research company focused on developing technologies that enable the production of safe, high-quality, predictable, and efficacious CBD products -- today announced the completion of a C$31 million Series A financing ...
Parallel’s goodblend Texas Launches First CBN Cannabis Product Line for Texas
AUSTIN–goodblend™ Texas, a retail brand of Parallel, one of the nation's largest privately-held multi-state cannabis operators, today announced the launch of the first cannabinol (CBN) products for patients registered in the Texas Compassionate Use Program. The Surterra Wellness Dream +CBN branded ...
New Female-Founded CBD Brand House of Wise Launches Sleep, Stress and Sex Products
MIAMI–CBD brand House of Wise launches with a full line of luxury, full-spectrum, organic CBD products empowering women to give more intention and purpose to sleep, stress management and sex so they can be in the ...
Nextleaf Launches Specialty Molecules Division
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce the ...
Berlin Cannabis Start Up Closes $44M Funding Round In Biggest Raise Yet For European Cannabis
BERLIN–Berlin-based cannabis start-up Sanity Group announced today it has closed a $44.2M USD Series A financing round with new investment led by Swiss venture capital firm Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated ...
Columbia Care to Acquire Medicine Man in $42M Deal
NEW YORK– Columbia Care Inc (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP), one of Colorado's largest and most experienced cultivators, manufacturers and providers of cannabis products in the United States, today announced that it has entered ...
Sacramento Throws California Cannabis Operators $100 Million Lifeline
LOS ANGELES–California's State Legislature on Monday approved a $100-million plan for California’s legal cannabis industry, which continues to struggle to compete with the large illicit cannabis market nearly five years after voters approved sales for ...
