M4MM
Michigan Transfers Hemp Regulation to USDA
LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Oklahoma to Launch State-Run Cannabis Testing Lab for Industry Oversight by February 2025
LOS ANGELES- Oklahoma is preparing to launch a state-operated cannabis testing laboratory in February 2025, aiming to enhance the accuracy and reliability of product assessments within the state's medical cannabis industry. This initiative addresses longstanding ...
Filament Health Completes C$1.0 Million Bridge Financing
LOS ANGELES- Filament Health Corp., a natural psychedelic drug development company, announced the completion of its C$1.0 million bridge financing. This follows the company's press release from June 3, 2024. Negev Capital Fund One, LP ...
California Cannabis Retailers Could Soon Diversify Offerings with New Bill
LOS ANGELES- A new bill proposed by Assemblymember Matt Haney seeks to assist California's cannabis retailers in diversifying their revenue streams. This legislation would allow these businesses to sell non-cannabis food and non-alcoholic beverages and ...
Minnesota Cannabis: State Announces Automatic Expungements of 57,780 Criminal Records
ST. PAUL, Minn. — Criminal history records that qualify for automatic expungement under the Adult-Use Cannabis Act are no longer visible to the public in the Minnesota Criminal History System (CHS). The Minnesota Department of Public Safety ...
California Bill Proposes Psilocybin Therapy Pilot Program for Veterans and First Responders
LOS ANGELES- A psilocybin therapy bill introduced by California Senators Brian W. Jones and Josh Becker on June 6 seeks to establish a three-year pilot program for military veterans and first responders. Senate Bill 803, ...
Michigan Transfers Hemp Regulation to USDA
LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Oklahoma to Launch State-Run Cannabis Testing Lab for Industry Oversight by February 2025
LOS ANGELES- Oklahoma is preparing to launch a state-operated cannabis testing laboratory in February 2025, aiming to enhance the accuracy and reliability of product assessments within the state's medical cannabis industry. This initiative addresses longstanding ...
Fiore Cannabis to Acquire California Cannabis Delivery Firm in $1.2 Million Transaction
KELOWNA–Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF), a licensed multi-state cannabis cultivator, producer and retailer, today announced it has signed a Letter of Intent to purchase California Patients Club, a cannabis delivery company operating in ...
Cannabis Testing Market to Reach $2.44 BN Globally By 2027 at 12% CAGR
PORTLAND–Allied Market Research published a report, titled, "Cannabis Testing Market by Product (Instruments, Consumables, and Software), Test Type (Heavy Metal Testing, Microbial Analysis, Potency Testing, Residual Screening, and Others), and End User (Cannabis Cultivators/Growers, Cannabis Drug Manufacturers, ...
Cirona Labs Raises $1.5M In Seed Round
GENEVA, N.Y.– Cirona Labs a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced it has closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply. ...
Klonetics Plant Science Inc. Receives Nursery Cultivation License from Health Canada
KELOWNA, B.C.– Klonetics Plant Science Inc announced they received its Health Canada Nursery Cultivation licence to produce cannabis starting materials available for sale to the cannabis industry in Canada. Its impressive 25,000 Square Foot state ...
Curaleaf’s Select Brand And Rolling Stone Announce Strategic Partnership
NEW YORK–(CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, announced a strategic partnership between its Select brand and Rolling Stone. Together, the leading lifestyle brand in cannabis joins the most ...
HERBL Acquires Blackbird Creating New Multi-State Distributor
SANTA BARBARA– HERBL, California's largest cannabis supply chain solutions company, today announced its acquisition of Blackbird a cannabis distributor and direct-to-consumer software solutions company based in Nevada. The transaction allows HERBL to leverage Blackbird's ecosystem of ...
Connecticut Moves Closer To Legalizing Recreational Cannabis
HARTFORD, CT.– Connecticut has moved closer to legalising adult-use cannabis in a close run vote. This morning, the bill passed Connecticut's state Senate, with one Republican and six Democrats voting against it. If the bill passes, ...
CENTR Brands Corp. Hires Carlyle Group Executive David Young as CFO
VANCOUVER, B.C.– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF), a CBD beverage company today announced that current Board member David Young has joined the Company as Chief Financial Officer. Young brings more than ...
Pharmadrug Launches Psilocybin Online Retail Platform in the Netherlands
Toronto, Ontario–PharmaDrug Inc. (CSE: BUZZ) (OTC Pink: LMLLF) a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics, cannabis and naturally-derived approved drugs, is pleased to ...
California Inches Closer To Decriminalization of Psychedelic Medicines
SACRAMENTO–California has moved a step closer to decriminalizing psychedelic drugs after legislation this week was advanced by the state's Senate. The bill, SB 519 was passed by a 21-16 vote. Interestingly, the new legislation does ...
The Parent Company Announces Josephine & Billie’s As First Social Equity Investment
SAN JOSE–TPCO Holding Co. (NEO: GRAM.U) (OTCQX: GRAMF), California’s leading vertically integrated cannabis company, is pleased to announce that it has selected Josephine & Billie’s, a Los Angeles-based cannabis brand and retail concept, as the ...
VIVO Cannabis Launches CBD Cream WithTerpene Formulation Designed for Medical Use
TORONTO–VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF), a provider of cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited and ABcann Medicinals Inc., today announced the launch ...
Goodleaf Merges With Highlands Investments, Formerly Canopy Growth Africa
CAPE TOWN–Goodleaf Company, the leading cannabis brand in South Africa, has merged with Highlands Investments, formerly Canopy Growth Africa, in a deal valued at almost $50 million. The transaction has resulted in the largest vertically ...
RIV Capital Reports Fourth Quarter and Fiscal Year 2021 Financial Results
TORONTO–RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) today released its financial results for the fourth quarter and fiscal year ended March 31, 2021. "Our quarter and fiscal year were highlighted by the closing of our ...
Neptune Announces Appointment of Steve West as Vice President, Investor Relations
LAVAL, QC–Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and integrated health and wellness company focused on plant-based, sustainable, and purpose-driven lifestyle brands, today announced it has appointed Steve West as Vice President, ...
