M4MM
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Denver Moves Toward Licensing Psychedelic Wellness Centers and Social Clubs
LOS ANGELES- Denver's Department of Excise and Licenses has proposed regulations to oversee psilocybin-based wellness facilities, including yoga studios and social clubs, following Colorado's 2022 voter-approved measure legalizing natural medicines like psilocybin. The proposed regulations ...
Green Thumb Secures $150 Million Syndicated Credit Facility
LOS ANGELES- Green Thumb Industries Inc, a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has announced the closing of a $150 million 5-year syndicated credit facility. The financing, led by Valley ...
Luxury Cannabis Market Expands with High-End Dispensaries
LOS ANGELES- The cannabis industry is shifting its focus towards luxury consumers, with a growing number of high-end dispensaries opening in upscale areas like Fifth Avenue in New York City and the Hamptons. This new ...
Cannabis Sector Volatility Deepens After DEA Rescheduling Delay
LOS ANGELES- The cannabis industry faced heightened volatility as the MSOS ETF (NYSE: MSOS), which tracks U.S. cannabis companies, dropped by 15.24% following the DEA’s decision to delay rescheduling cannabis until December 2. The market ...
Wiesbaden Seeks to Join Cannabis Sales Pilot in Pharmacies
GERMANY- Wiesbaden, the capital of Hesse, Germany, has officially applied to participate in a pilot project for cannabis sales through pharmacies. The initiative aims to study the impact of a regulated cannabis market on reducing ...
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Denver Moves Toward Licensing Psychedelic Wellness Centers and Social Clubs
LOS ANGELES- Denver's Department of Excise and Licenses has proposed regulations to oversee psilocybin-based wellness facilities, including yoga studios and social clubs, following Colorado's 2022 voter-approved measure legalizing natural medicines like psilocybin. The proposed regulations ...
Surfside Raises $4 Million for its Cannabis Data Activation Platform
NEW YORK -- Surfside, marketing platform turning first party customer data into personalized marketing for the cannabis industry, today announced it has raised $4 million in Seed funding. Casa Verde led the round and Karan Wadhera, the firm's ...
Harvest Health & Recreation Inc. Reports Second Quarter 2021 Financial Results
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the second quarter 2021. All financial information is provided in U.S. dollars ...
AWH Announces Q2 2021 Financial Results
NEW YORK, - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for Q2 2021, which ended June 30, 2021. ...
The Parent Company Takes First Steps For US Stock Market Listing
SAN JOSE–The Parent Company/ TPCO (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has filed a registration statement on Form 10 with the United States Securities and Exchange Commission to register the Company's common shares and ...
Tryp Therapeutics Partners with Calvert Labs to Conduct Exploratory Studies for Proprietary Psilocybin Formulations
SAN DIEGO Tryp Therapeutics (CSE:TRYP; OTCQB:TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, announced today an agreement with Calvert Labs to design and execute ...
Cannabis-Oriented SPAC Choice Consolidation Upgrades To OTCQX Best Market
Choice Consolidation Corp. (NEO: CDXX) (OTCQX:CDXXF), a cannabis-focused special purpose acquisition company (SPAC), has qualified to trade on the OTCQX Best Market. The New York company upgraded to OTCQX from the Pink market and began trading on Monday under the ...
Greenlane Holdings Announces $32 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into definitive agreements ...
4Front Ventures Corp. Closes on the First Phase of an Up to 558K Sq. Ft. Cultivation and Production Facility in Illinois
PHOENIX, - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced the first closing of a multiphase expansion project to build an up to 558,000 sq. ft. cultivation and ...
Leafly To Go Public Through Business Combination With Merida Merger
SEATTLE and NEW YORK, Aug. 9, 2021-- Leafly Holdings Inc., the online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) , a special purpose acquisition company sponsored by ...
Akerna Announces Financial Results for the Second Quarter 2021
DENVER–Akerna (Nasdaq: KERN), an enterprise software technology provider and developer in the cannabis industry, today reported its unaudited financial results for the quarter ended June 30, 2021. "Our second quarter results continued the momentum in ...
