M4MM
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
What You Need to Know About Cash Flow Management
NEW YORK- Every CFO and entrepreneur in Cannabis and Psychedelics needs to know that efficient cash flow management is essential in the cannabis industry, where companies face specific financial challenges. WELCOME Back to this fresh ...
Cansortium Completes Merger with RIV Capital
LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...
Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes
NEW YORK- The Minnesota Department of Revenue reports that the state has generated $10,022,635 in taxes from hemp-derived THC products since the market launched nearly a year ago. This follows the state's legalization of adult-use ...
Clearmind Medicine Inc. Secures Patent Approval in Hong Kong for Binge Behavior Regulator
LOS ANGELES- Clearmind Medicine Inc., a clinical biotech company specializing in psychedelic-derived therapeutics, has announced a significant advancement in its MEAI-based binge behavior regulator program. The company received patent approval from the Hong Kong Patent ...
Maryland Cannabis Market Surpasses $1.1 Billion in First Year of Legalization
LOS ANGELES- Governor Wes Moore announced that Maryland's cannabis market achieved a significant milestone in its first year of legalization, with total medical and adult-use retail sales exceeding $1.1 billion. This reflects the state's commitment ...
Groundbreaking Belgian Study Explores Magic Mushrooms in Alcoholism Treatment
BRUSSELS- A pioneering clinical study at Brugmann Hospital in Brussels is exploring the use of psilocybin, the active ingredient in magic mushrooms, to treat alcohol addiction. Over the next two years, 62 participants will receive ...
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
What You Need to Know About Cash Flow Management
NEW YORK- Every CFO and entrepreneur in Cannabis and Psychedelics needs to know that efficient cash flow management is essential in the cannabis industry, where companies face specific financial challenges. WELCOME Back to this fresh ...
Cansortium Completes Merger with RIV Capital
LOS ANGELES- Cansortium Inc., operating under the Fluent brand, has finalized its merger with RIV Capital Inc., establishing a multi-state cannabis operator with a presence in Florida, New York, Texas, and Pennsylvania. The merger results ...
GoldCann Announces Acquisition of Land in Mexico for Cannabis Extraction and Production Facility
TORONTO–Goldcann International Inc., a Canadian corporation headquartered in Toronto, Ontario, is announcing the acquisition by its Mexican subsidiary, Goldcann S.A. de C.V., of 14,000 square meters of land near Mazatlan, on the Pacific coast of ...
Rhode Island Senate Approves Legalizing Cannabis For Adults
PROVIDENCE–The Rhode Island Senate approved legalizing recreational cannabis use for adults on Tuesday. This is the first time either chamber of the state Legislature has voted on a bill to legalize cannabis. (Providence, Rhode ...
Charlotte’s Web Appoints Former Canopy Growth Executive, Tim Saunders, to Board of Directors
DENVER–Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), a market leader in hemp CBD extract products, announced the appointment of Tim Saunders to its Board of Directors. Tim Saunders was Chief Financial Officer of Canopy Growth ...
Cannabis Website Leafly To Raise $30 Million In Fresh Funding
LOS ANGELES–Cannabis marketplace Leafly is raising $30 million in a fresh funding round, it said in a filing on Wednesday, as the world’s biggest cannabis-related website taps strong investor appetite for companies in the burgeoning ...
Yooma to Cease Operations in China Due to New CBD Regulations
TORONTO–Yooma Wellness Inc. (CSE: YOOM), a Toronto-based vertically integrated global wellness platform that develops and markets a portfolio of wellness brands, today announced that it will be discontinuing its operations in China, effective immediately. The decision comes ...
New Female-founded Wellness Brand, House Of Wise, Raises $2M
MIAMI–Today, new female-founded CBD brand House of Wise announces a $2M seed funding round to improve the lives of women everywhere through community, content, and trustworthy CBD products. Building a brand in the face of adversity, House of ...
CannaCraft Launches Gem + Jane in California
SANTA ROSA, Calif.,–CannaCraft, a large-scale cannabis manufacturer and innovator in beverage and cannabis emulsion technology, has launched its new brand Gem + Jane: the women-focused sparkling botanical beverage that blends simple ingredients with microdoses of rare ...
Little Green Pharma Accelerate Growth With Acquisition of World-Class Production & Manufacturing Facility in Denmark
PERTH, Australia–Little Green Pharma Ltd (ASX: LGP) has acquired a world-class, fully-operational, GMP medicinal cannabis cultivation and manufacturing facility in Denmark from Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC). The facility, located in Northern Odense, has the capacity to produce in excess ...
A LIFE IN A DAY: Jeffrey Welsh: Cannabis Industry Personalities
JEFFREY WELSH is a partner at Vicente Sederberg LLP, the main attorney group in cannabis. For over 10 years, Vicente Sederberg LLP have been at the cutting edge of cannabis laws. Vicente Sederberg are also ...
Connecticut to Legalize Regulate And Tax Cannabis For Adult Use
HARTFORD, Conn. — State lawmakers passed a bill Thursday to legalize, regulate, and tax cannabis for adult use. Gov. Ned Lamont (Democrat) said he will sign S.B. 1201 into law, making Connecticut the 19th state ...
Plant&Co Announces Uplisting to OTCQB Market
TORONTO–Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF), a health and wellness company curating plant-based foods, announced that its common shares will commence trading on the OTC Markets Group's OTCQB Venture Market in the ...
Cannabis Agricultural Workers at Tikun Olam CA Vote to Join Teamsters
ADELANTO, Calif.,– On Monday, cannabis agricultural workers at Tikun Olam California's Adelanto facility voted overwhelmingly to join Teamsters Local 1932. The results mark the first Agricultural Labor Relations Board election victory for cannabis workers in ...
Berlin’s Cantourage Provides Fast Track Access To European Medical Cannabis Market For International Cultivators
BERLIN–European medical cannabis company Cantourage today launched its new and innovative platform, enabling cultivators from across the world to bring their product into the growing and profitable European market more quickly and cheaply. Already a ...
Wake Network Retains CRO Santé Cannabis to Conduct Clinical Trials in Psilocybin Therapies
TORONTO–Wake Network Inc., a global leader in psilocybin and medicinal mushroom production and developer of genomics-based integration therapies, is pleased to announce that it has entered into an agreement with Santé Cannabis for consultation and clinical ...
Demeetra AgBio Advances Major Pipeline for Therapeutic Cannabinoid Development; Invites Collaborations
LEXINGTON, Ky.,–Demeetra AgBio, Inc., a pre-clinical therapeutics development and genetic engineering company, announced that it is advancing a broad pipeline for therapeutic cannabinoids and expects to file an Investigational New Drug Application for its lead ...
