M4MM
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
Calgary Considers Permitting Cannabis Sales at Adult-Only Events
LOS ANGELES- Calgary city officials are evaluating a proposal to permit the sale of cannabis at adult-only events. Councillor Kourtney Penner has introduced a motion requesting city administration to draft bylaw and business license amendments ...
Aurora Cannabis Reports Record Revenue Driven by International Medical Sales
LOS ANGELES- Aurora Cannabis Inc. has announced a significant increase in revenue for its fiscal third quarter, primarily due to substantial growth in international medical cannabis sales. The company's total net revenue reached C$88.2 million, ...
Week’s In Review: California Permits Lounges; Los Angeles County Targets Unlicensed Cannabis Dispensaries with “Deplatforming” Motion; California Bans Hemp-Derived THC Products Amid Regulatory Concerns; California’s New Hemp Regulations Raise Concerns for Industry and Consumers
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week’s In Review: South Carolina AG Confirms Legality of Hemp-Derived THC Beverages; COMPASS Pathways Receives Analyst Ratings; Pennsylvania Lawmakers Introduce Bipartisan Bill to Legalize Recreational Cannabis.
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week’s In Review: Green Thumb Secures $150 Million Syndicated Credit Facility; FDA Consideration of Psilocybin Therapy Could Impact Millions of Depression Patients; Cannabis Sector Volatility Deepens After DEA Rescheduling Delay
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week’s In Review: Ohio Recreational Cannabis Sales Reach Over $44 Million in First Month; DEA Reclassification of Cannabis Raises Regulatory Questions for States; Michigan Cannabis Prices Reach Historic Lows Amid Market Oversupply
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
Calgary Considers Permitting Cannabis Sales at Adult-Only Events
LOS ANGELES- Calgary city officials are evaluating a proposal to permit the sale of cannabis at adult-only events. Councillor Kourtney Penner has introduced a motion requesting city administration to draft bylaw and business license amendments ...
Aurora Cannabis Reports Record Revenue Driven by International Medical Sales
LOS ANGELES- Aurora Cannabis Inc. has announced a significant increase in revenue for its fiscal third quarter, primarily due to substantial growth in international medical cannabis sales. The company's total net revenue reached C$88.2 million, ...
FSD Pharma Announces Agreement to Acquire Lucid Psycheceuticals
TORONTO-- FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions in legal psychedelics and medical cannabis, announces today it has ...
The Rise Of Debt Financing In The U.S. Cannabis Markets
EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were ...
Mid-West CannaFest Aims to Highlight Minority Licensed Operators in Ohio during August for Black Business Month
CINCINNATI–Midwest CannaWomen presents their collaborative August 29th event with Noohra Labs, the Mid-West CannaFest, to highlight minority licensed cannabis operators in Ohio for Black Business Month. Midwest CannaWomen presents their collaborative August 29th event with ...
Indiva Reports Second Quarter Fiscal 2021 Results
LONDON, ONTARIO–Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. (CAD). Indiva reported a net revenues of ...
Rubicon Organics Reports Second Quarter 2021 Financial Results
VANCOUVER,B.C.–Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) a licenced producer focused on cultivating and selling organic certified and premium cannabis, today reported its financial results for the second quarter ended June 30, 2021. All amounts ...
Beacon Hill Brands Brings Cannabis Beverage Kalvara to Canadian Market
TORONTO-- Beacon Hill Brands Inc, a privately owned Canadian company focused on developing, marketing and distributing functional, nutraceutical and medicinal beverages, is bringing the Kalvara brand of Infusion Technology-powered, conveniently-sized cannabis beverages to the Canadian ...
The Green Organic Dutchman Completes First International Cannabis Shipment
TORONTO -- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a producer of premium certified organically grown cannabis, announced it completed its first international commercial shipment consisting of cannabis flower and other extracts ...
Aurora Cannabis Marks Successful Inaugural Fulfillment for French Pilot Program
EDMONTON, AB-- Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to ...
Gage Announces Extension of Licensing Agreement with COOKIES in Michigan
DETROIT -- Gage Growth Corp. (CSE: GAGE), a leading high-quality premium cannabis brand and operator in Michigan, today announced that they have entered into an amended and new licensing agreement with Cookies, one of ...
Clinical Director of Imperial College’s Center for Psychedelic Research Joins Entheon Advisory Board
Vancouver, British Columbia-- Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1), a biotechnology company focused on developing psychedelic medicines to treat addiction, is pleased to announce that Dr. David Erritzoe, the current Clinical Director ...
Item 9 Labs’ Cannabis Cup Win Marks 9 Top Podium Placements
PHOENIX– Item 9 Labs Corp. (OTCQX: INLB) , a vertically integrated, cannabis dispensary franchisor and operator today announced that it has earned two podium finishes in Arizona's first-ever High Times Cannabis Cup. Item 9 ...
Laura Fuentes, Co-Founder of The Valens Company Subsidiary Green Roads, Recognized as Member of Forbes’ Inaugural 50 Over 50: Vision List
KELOWNA, BC -- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, announced today that Laura Fuentes, Co-Founder of its US-based subsidiary Green Roads, has been recognized as a member of Forbes' inaugural 50 over 50: ...
Trulieve Announces Opening of 100th Dispensary in United States
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) a cannabis company based in the United States, today announced the opening of two new dispensaries in Boynton Beach and Port Orange, Florida. Boynton Beach will be the Company's 99th location and Port ...
RIV Capital Closes US$150 Million Strategic Investment by The Hawthorne Collective
TORONTO, -- RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) announced the completion of the purchase by The Hawthorne Collective, Inc., a cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG), of an unsecured convertible note from ...
