M4MM
Cannara Biotech Reports Q2 2026 Financial Results
MONTREAL – Cannara Biotech Inc. posted its fiscal second-quarter results, recording higher revenues and a sharp improvement in cash generation as the Quebec-based producer continued to pick up ground in a flat national Cannabis market. ...
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired Safari Flower Co., an established white-label, EU-GMP-certified Cannabis cultivator and manufacturer based in Ontario. Aurora purchased 100% of the shares of 9869247 Canada Limited, operating ...
Relm Launches Kidnap & Ransom Insurance for Cannabis Businesses
HAMILTON – Bermuda-based Relm Insurance announced a new Kidnap and Ransom (K&R) insurance product aimed at executives and operators in the Cannabis sector, alongside those in digital assets. The policy addresses physical threats that have ...
India Awards First Public Funding for Cannabis Research in More Than 50 Years
NEW DELHI – The Indian government has awarded public funding to a Cannabis genetics project, the first such grant to a private company since the Narcotic Drugs and Psychotropic Substances Act took effect in 1985. ...
Charlotte’s Web Reaches Deal with BAT Unit to Convert Debt into Equity
LOUISVILLE – Charlotte’s Web Holdings Inc., the Colorado-based maker of CBD hemp extract products, announced it had reached an agreement with a subsidiary of British American Tobacco (BAT) to convert a large convertible debenture into ...
New York Celebrates the Five-Year Anniversary of Cannabis Legalization
ALBANY – Governor Kathy Hochul marked the five-year anniversary of New York’s Cannabis legalization measure, reporting $3.3 billion in total retail sales and more than 600 licensed dispensaries operating statewide. The Marihuana Regulation and Taxation ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The U.S. Cannabis sector has settled into a phase defined by operational discipline rather than continued expansion. While mature markets continue to generate reliable revenues, wholesale price compression and margin erosion have ...
Cannara Biotech Reports Q2 2026 Financial Results
MONTREAL – Cannara Biotech Inc. posted its fiscal second-quarter results, recording higher revenues and a sharp improvement in cash generation as the Quebec-based producer continued to pick up ground in a flat national Cannabis market. ...
Aurora Cannabis Acquires Safari Flower to Expand International EU-GMP Capacity
EDMONTON – Aurora Cannabis Inc. announced that it has acquired Safari Flower Co., an established white-label, EU-GMP-certified Cannabis cultivator and manufacturer based in Ontario. Aurora purchased 100% of the shares of 9869247 Canada Limited, operating ...
Relm Launches Kidnap & Ransom Insurance for Cannabis Businesses
HAMILTON – Bermuda-based Relm Insurance announced a new Kidnap and Ransom (K&R) insurance product aimed at executives and operators in the Cannabis sector, alongside those in digital assets. The policy addresses physical threats that have ...
HBA Pushes for Regulatory Framework on Hemp-Derived THC Beverages in Pennsylvania
HARRISBURG – The Hemp Beverage Alliance (HBA), a trade group with close to 400 members in the United States, Canada and the United Kingdom, has launched an initiative to set up guidelines for hemp-derived THC ...
Morocco Approves Licenses for 67 Cannabis-Based Products
RABAT – Moroccan regulators have cleared 67 Cannabis-derived products, signaling steady progress in the country's push toward a structured legal framework for the plant. The batch includes 26 cosmetic items and 41 dietary supplements, each ...
LSD Shows Promise in Prolonged Reduction of Anxiety Symptoms
LOS ANGELES – A recent study published in the Journal of the American Medical Association (JAMA) on September 4, suggests that a single dose of lysergic acid diethylamide (LSD) may significantly reduce symptoms of generalized ...
Cannabis MSOs Face Manageable 2026 Debt Maturities, Viridian Analysis Shows
LOS ANGELES – Major Cannabis operators are navigating a once-daunting wave of debt due in 2026 with greater ease than anticipated, according to a recent chart from Viridian Capital Advisors. The analysis examines cash sources ...
The Scrappy Cannabis Retailer’s Playbook
LOS ANGELES- A Practical Guide to Building a Smarter Marketing System by Tim Naughton. The Cannabis retail landscape is competitive, taxed heavily, and increasingly crowded by new entrants including Hemp and THCA brands selling direct ...
NY OCM Shifts to Metrc for Inventory Tracking
NEW YORK – New York's Office of Cannabis Management (OCM) has decided to replace BioTrack and announced transition to Metrc as the state's official seed-to-sale tracking system, following a review prompted by a corporate deal ...
Curaleaf Set to Join S&P/TSX Composite Index
STAMFORD – Curaleaf Holdings, Inc. announced it has been selected for inclusion to the S&P/TSX Composite Index later this month, marking it as the initial U.S.-headquartered company in the sector to achieve this status. The ...
Maryland Collects $18.4M in Cannabis Tax Revenue for April-June Quarter
ANNAPOLIS – The Maryland Comptroller's Office issued a quarterly report showing the state gathered more than $18.4 million in sales tax from adult-use Cannabis between April and June 2025, a period that saw the Central ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
Canadian Legal Cannabis Industry Contributes $16 Billion to GDP in 2024, Report Reveals
TORONTO – A new report from Organigram Global Inc., in collaboration with the Canadian Chamber of Commerce, details the substantial economic role of Canada's legal Cannabis industry last year. The sector added more than $16 ...
Cultivation Sector Outshines Modest Cannabis Capital Drop, Viridian Capital Advisors Reports
LOS ANGELES – Capital raising in the Cannabis industry has dipped slightly this year, with year-to-date (YTD) totals reaching $1.54 billion as of September 2025, a 2.4% drop from $1.58 billion in the same period ...
Delaware OMC Reports $7.4M in First Month of Recreational Cannabis Sales
DOVER – Retailers in Delaware sold about $7.4 million worth of Cannabis products in the first month after recreational sales began on August 1, according to a report from the state's Office of the Marijuana ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
