M4MM
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Aurora Cannabis Reports Quarterly Earnings
LOS ANGELES- Aurora Cannabis Inc. reported its quarterly earnings on Thursday, June 20th, surprising analysts with a positive earnings per share (EPS) of $0.11. This result significantly surpassed the consensus estimate of a $0.18 loss ...
Texas Cities Advance Cannabis Decriminalization Efforts Amid Legal Challenges
LOS ANGELES- Activists in several Texas cities are pushing for cannabis decriminalization, with measures set to appear on the November ballot in Lockhart, Dallas, and potentially Bastrop. These initiatives aim to reduce penalties for possession ...
Tilray Brands Reports 26% Increase in Revenue for Fiscal 2024
LOS ANGELES- Tilray Brands announced a 26% increase in net revenue for the fiscal year ending May 31, 2024, reaching $789 million. This result surpassed Wall Street analysts' projections of $783 million. The company's growth ...
Ohio Cannabis Health & Business Summit 2024: Exploring the Future of Medical and Adult-Use Cannabis
CLEVELAND, Ohio – The Ohio Cannabis Health & Business Summit (OCHBS) is thrilled to announce its annual conference, scheduled for October 4-5, 2024, at the I-X Center in Cleveland, Ohio. Since its inception in 2019, ...
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Audacious Acquires LOOS, a California Beverage & Edibles Company
LAS VEGAS– Australis Capital Inc., operating as Audacious (CSE: AUSA) (OTC: AUSAF), today announced the Company has entered into a binding terms sheet to acquire all of the issued and outstanding shares of Gary Maverick ...
The Green Organic Dutchman Announces Preliminary Unaudited Second Quarter 2021 Revenue, Appoints Chief Growth Officer
TORONTO–The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a leading producer of premium certified organically grown cannabis in Canada, today announced preliminary unaudited revenue for the second quarter of 2021, reflecting growth of ...
Harborside Announces Management Changes
OAKLAND–Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced that Peter Bilodeau has been asked to step down from his role as Interim Chief Executive Officer effective immediately, and Matt ...
The Parent Company Extends Cannabis Accessibility with Launch of Mobile Shopping App
SAN JOSE–TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading vertically-integrated cannabis company, announced the launch of an upgraded, shoppable app available through Apple's App Store, allowing California-based consumers to make cannabis purchases through the ...
Mera Acquires Greenleaf Productions Inc. And Receives Health Canada Standard Processing Licence
ST. THOMAS, ON– MERA announced that, effective July 7, 2021, it completed the acquisition of all of the issued and outstanding shares of Greenleaf Productions Inc. under a share purchase agreement with the shareholders of ...
2 Chainz and GAS Cannabis Teams Up With Black-Owned Cannabis Direct to Consumer Technology Platform, CampNova
LOS ANGELES– GAS Cannabis by 2 Chainz, a Grammy Award Winning hip-hop artist, is teaming up with direct-to-consumer Black-owned cannabis lifestyle technology platform, CampNova. Through this exclusive partnership, with just a few clicks and a matter ...
HCN Investigates: Cannabis SPACs: What Are They? What Should You Know About Them?
LOS ANGELES– Cannabis companies have traditionally had trouble gaining funding via public offerings. With SPACs, entities in the cannabis and hemp sectors can be publicly traded in both American and Canadian markets. What are cannabis ...
Neptune Reports Fourth Quarter and Fiscal 2021 Results
LAVAL, QC– Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based brands, today announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2021. ...
A LIFE IN A DAY: Jeffrey Batliner: Cannabis Industry Personalities
Jeffrey Batliner, Chief Financial Officer of Unrivaled Brands, Inc., joined the company in December of 2018 when he was hired as the Director of Financial Reporting, where his responsibilities focused on SEC Reporting as well ...
Florida Initiates Process for New Medical Cannabis Licenses
MIAMI–The Florida Department of Health (DOH) recently announced it is kicking off rulemaking for two separate competitive medical cannabis treatment center (MMTC) license application processes. Key-Takeaways This announcement has been a long time coming, as ...
Power and Collaboration Will Be The Name of the Game at New WEIC Women’s Leadership Summit
San Francisco, CA — July 15, 2021 — WEIC, the largest global community of women working in cannabis and ancillary industries, kicks-off its first virtual Women’s Leadership Summit on July 21, 2021. Themed “Power and ...
Hemp Industry Response to the Cannabis Administration and Opportunity Act
WASHINGTON– The National Industrial Hemp Council (NIHC) Board Chair Patrick Atagi released the following statement after the Cannabis Administration and Opportunity Act was released in draft form by Senate Majority Leader Chuck Schumer (D-NY), Senator ...
The Valens Company Reports Financial Results for The Second Quarter of Fiscal 2021
KELOWNA, BC– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products reported its second quarter financial results for the period ended May 31, 2021. Tyler Robson, Chief Executive Officer, Co-Founder and Chair ...
Bernard Noble And Fab 5 Freddy Partner With Curaleaf To Launch B Noble Brand
WAKEFIELD, Mass.– B Noble Inc. and Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced the launch of the B Noble brand in Massachusetts and Maryland, ...
U.S. Senate Majority Leader Schumer Unveils Bill To Federally Decriminalize Cannabis
WASHINGTON, D.C.–Senate Majority Leader Chuck Schumer, D-N.Y., (main picture) announced a sweeping bill on Wednesday to end the ''war on drugs'' and decriminalize cannabis at the federal level, a key milestone signaling shifting attitudes in ...
