M4MM
Week In Review: Cansortium Completes Merger with RIV Capital; Cannabis Industry Forecast for 2025: A Year of Transformation; MariMed Launches Wholesale Cannabis Operations in Missouri; Aurora Cannabis Expands Distribution in Australia
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 ...
Week In Review: Bipartisan Legislation for Expungement of Pardoned Federal Offenses; Trump’s Appointments & Future of Federal Cannabis Policy; Federal Restrictions on Cannabis Sales in Washington
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 ...
Portugal Eyes Leadership Role in Global Medical Cannabis Market
LOS ANGELES- Portugal is positioning itself as a significant player in the medical cannabis industry, leveraging its favorable climate and regulatory framework to boost production and exports. In 2023, the country exported nearly 12,000 kilograms ...
Aurora Cannabis Reports Q4 2024 Financial Results
LOS ANGELES- Aurora Cannabis Inc. a Canada-based medical-focused cannabis company, has announced its financial results for the fourth quarter of fiscal 2024. The company reported revenue of $55.9 million, marking a 5% increase from $53.2 ...
Arizona Governor Vetoes Psilocybin Treatment Centers Bill
LOS ANGELES- Arizona Governor Katie Hobbs vetoed a bill on June 18 that would have permitted the use of psilocybin in designated treatment centers. The vetoed House Bill 1570 proposed $5 million in annual funding ...
Cannabis Legalization Yields Over $20 Billion in Tax Revenue
LOS ANGELES- The wave of cannabis legalization across the United States is creating a significant economic impact, with legalized states collectively generating over $20 billion in tax revenue from adult-use cannabis sales. This milestone not ...
Colorado Survey Shows Significant Drop in Teen Cannabis Use
LOS ANGELES- The latest Healthy Kids Colorado Survey reveals a notable decline in cannabis use among high school students, with a 37% decrease in reported use over the past month from 2013 to 2023. Additionally, ...
Week In Review: Cansortium Completes Merger with RIV Capital; Cannabis Industry Forecast for 2025: A Year of Transformation; MariMed Launches Wholesale Cannabis Operations in Missouri; Aurora Cannabis Expands Distribution in Australia
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 ...
Week In Review: Bipartisan Legislation for Expungement of Pardoned Federal Offenses; Trump’s Appointments & Future of Federal Cannabis Policy; Federal Restrictions on Cannabis Sales in Washington
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 ...
Portugal Eyes Leadership Role in Global Medical Cannabis Market
LOS ANGELES- Portugal is positioning itself as a significant player in the medical cannabis industry, leveraging its favorable climate and regulatory framework to boost production and exports. In 2023, the country exported nearly 12,000 kilograms ...
Cardiol Therapeutics’ Board of Directors Appoints Dr. Guillermo Torre-Amione as Chairman
TORONTO- Cardiol Therapeutics Inc. (TSX: CRDL) (OTCQX: CRTPF) (FSE: CT9), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, today announced that its Board of Directors has appointed Dr. Guillermo Torre-Amione ...
Nature’s Medicines Celebrates 8th Anniversary Hosting Free NORML Expungement Clinics
PHOENIX–The passage of Prop 207 in Arizona last November not only legalized marijuana for adults 21 and over. It also allows eligible people convicted of cannabis violations to erase their criminal records starting July 12, ...
Auxly Strengthens Financial Position With Implementation Of Amendments To Imperial Brands $123 Million Convertible Debenture & Sale of Curative Cannabis
TORONTO– Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) a leading consumer packaged goods company in the cannabis products market, is pleased to announce the implementation of amendments to certain provisions of its previously ...
Cannabis Delivery Leader Emjay Expands to San Francisco Market, Serving 400,000 New Households
SAN FRANCISCO– Emjay, a fully-vertical cannabis delivery and retail company with operations in California, today announced its expansion to the San Francisco market with a new facility dedicated entirely to delivery. The company - which already serves millions ...
GreenGro Technologies Announces Launch of New Hemp Infused Product Line Under GreenGro Brand
Anaheim–GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced the launch of its highly anticipated product line of hemp infused tinctures, topicals, oil ...
Trulieve Announces Start Of Operations In West Virginia
TALLAHASSEE–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company based in the United States, announced today that it commenced operations in West Virginia. The Company has begun cultivation at their 100,000 ...
Ontario’s First Craft Cannabis Beverage Now Available in Stores
MIDLAND, ON–Whether for the cautious and curious or experienced and educated, Ontario's first craft cannabis beverage is now on store shelves. With only one calorie and zero sugar per serving, Proper's entry into the cannabis ...
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 ...
