M4MM
Industrial Hemp Market Forecasted to Grow by $13.90 Billion by 2028
LOS ANGELES- The industrial hemp market is projected to grow by USD 13.90 billion between 2023 and 2028, with a compound annual growth rate (CAGR) of 25.25%. The expansion is largely driven by increasing demand ...
SNDL to Acquire Remaining Nova Cannabis Shares for $40 Million
LOS ANGELES- SNDL Inc. has announced plans to acquire the remaining 34.8% of Nova Cannabis Inc. shares that it does not already own in a deal valued at approximately C$40 million. The transaction will consolidate ...
Verano Acquires Cannabist Company’s Operations in Arizona and Virginia for $105 Million
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator, has announced agreements to acquire the Arizona and Virginia operations of The Cannabist Company Holdings Inc. The $105 million deal positions Verano to enter the ...
U.S. Legal Cannabis Market Forecasted to Surpass $31 Billion in Sales in 2024
LOS ANGELES- In a notable advancement for the cannabis industry, legal sales in the United States are forecasted to exceed $31 billion this year, according to an economic forecast from Whitney Economics, a consultancy specializing ...
PharmAla Biotech and Cortexa Supply GMP Psilocybin for Therapeutic Use in Australia
LOS ANGELES- PharmAla Biotech Holdings Inc., in collaboration with Cortexa Pty. Ltd., has achieved supplying Good Manufacturing Practice (GMP) Psilocybin for therapeutic use to a patient under the Australian authorized prescriber scheme, marking what the ...
Utah to Launch Psilocybin and MDMA Pilot Program for Behavioral Health Treatment
NEW YORK-Utah is set to introduce a pioneering pilot program that will allow select hospitals to administer psilocybin and MDMA to patients for behavioral health treatment starting in May, after Governor Spencer Cox opted to ...
Massachusetts Considers Legalizing Therapeutic Psychedelics
LOS ANGELES- Last week, the Massachusetts legislature's Special Joint Committee on Initiative Petitions convened a hearing to deliberate on a proposed initiative aiming to legalize the therapeutic use of natural psychedelics. The measure, which seeks ...
Industrial Hemp Market Forecasted to Grow by $13.90 Billion by 2028
LOS ANGELES- The industrial hemp market is projected to grow by USD 13.90 billion between 2023 and 2028, with a compound annual growth rate (CAGR) of 25.25%. The expansion is largely driven by increasing demand ...
SNDL to Acquire Remaining Nova Cannabis Shares for $40 Million
LOS ANGELES- SNDL Inc. has announced plans to acquire the remaining 34.8% of Nova Cannabis Inc. shares that it does not already own in a deal valued at approximately C$40 million. The transaction will consolidate ...
Verano Acquires Cannabist Company’s Operations in Arizona and Virginia for $105 Million
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator, has announced agreements to acquire the Arizona and Virginia operations of The Cannabist Company Holdings Inc. The $105 million deal positions Verano to enter the ...
Trulieve Expands Pennsylvania Footprint with Acquisition of Keystone Shops
TALLAHASSEE – Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, today announced that it has entered into a definitive agreement pursuant to which Trulieve has agreed to acquire from ...
Curaleaf Announces New Branding; New Store, and Social Equity Contributions in Illinois
WAKEFIELD – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a U.S. provider of consumer products in cannabis, announces new Curaleaf branding for the Company's recently acquired retail locations and the imminent opening of its ...
FAB CBD Announces The Re-Release of Calm CBD Dog Treats
MILWAUKEE– Fab CBD headquartered in Milwaukee, Wisconsin, announces the highly anticipated re-release of its popular FAB PETS Calm & Cool Premium CBD Dog Treats. The brand, established in 2017, has a mission to help humans and ...
Cansortium Closes US$12 Million Private Placement
MIAMI – Cansortium Inc. (CSE: TIUM.U), (OTCQB: CNTMF), is pleased to announce the closing of the sale of approximately US$12 million of units at a purchase price of US$0.70 per Unit. The Private Placement, originally ...
Cannabis Delivery Operator Emjay Expands Footprint with 2nd Retail Store Location Serving Two Million Households in San Diego Area
SAN DIEGO – Emjay, a cannabis delivery and retail company with operations in California, announced today the opening of its second retail store. The dispensary will feature the biggest selection of high-quality cannabis products at ...
Sunniva Announces Commencement of Arbitration and Update on Progress Towards Completion of CCAA Plan
VANCOUVER, BC – Sunniva (CSE: SNN) (OTC: SNNVF) announces that on April 2, 2021, the Company's wholly-owned subsidiary CP Logistics, LLC commenced an arbitration with JAMS Arbitration in California against Bobs LLC, the current owner ...
Trulieve Announces Proposed Public Offering of Subordinate Voting Shares in USA and Canada
TALLAHASSEE – Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF), today announced the launch of a marketed public offering of Trulieve's subordinated voting shares in the United States and Canada (the "Offering"). The Company is offering ...
Hollister Biosciences Announces Distribution Partnership with Nabis in California
VANCOUVER, BC – Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) has partnered with one of California's leading distributors, Nabis, as demand for Hollister products continues to build. The new exclusive partnership will help streamline sales, grow retail ...
A LIFE IN A DAY: Cannabis Industry Personalities: Evan Nison
A Life In A Day is a profile of some of the cannabis industry’s key leaders, personalities and advocates. In this edition, we get to know Evan Nison. Evan Nison is the youngest member of ...
Spyder Cannabis Completes Private Placement Financing
VAUGHAN, On., – Spyder Cannabis Inc. (TSXV: SPDR), an established Canadian cannabis and vape retailer, is pleased to announce that the Company has closed its previously disclosed non-brokered private placement offering of 14,814,815 units at a ...
New THC-Free, High-End CBD Brand Launches Behind Positioning of Natural Beauty
FT. LAUDERDALE – A Consumer Reports survey says one out of seven people used CBD every day last year. As CBD regulations ease and the product becomes more mainstream, consumers are discovering the benefits of ...
Is Delta-8 Another Fad or is it Here to Stay?
In the last decade, the legal marijuana market has seen many products quickly rise to prominence only to quickly be replaced by the next big thing. The latest cannabis compound craze is delta-8-THC, a cousin ...
CWCBExpo Scheduled for New York: November 4-6, 2021
NEW YORK – CWCBExpo New York has been rescheduled to the fall of 2021. The event dates are November 4-6, 2021 (Thursday through Saturday) at the Jacob Javits Convention Center in New York.CWCBExpo is committed ...
Canopy Growth Completes Acquisition of Leading Ontario-based Cannabis Brand Ace Valley
SMITHS FALLS, ON – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is proud to announce that it has completed the acquisition of AV Cannabis Inc. - one of Ontario's leading cannabis brands. With a strong ...
CBD Player Premium Jane Introduces Novel Sleep-Aid Formula With CBN, GABA
SCOTTSDALE – American CBD player Premium Jane has introduced a new range of infused products that are specifically engineered to help individuals improve their nightly sleep patterns. The products contain a novel formulation of 25mg ...
