M4MM
Senate Farm Bill Draft Proposes Redefinition of Hemp
LOS ANGELES- The U.S. Senate Agriculture Committee has released a draft of the 2024 Farm Bill, introducing significant changes to the federal definition of hemp. The proposed legislation aims to address concerns over intoxicating hemp-derived ...
California Cannabis Dispensaries Face New Tax Payment Rules
LOS ANGELES- In November 2024, numerous licensed cannabis dispensaries in the Los Angeles area received notices from the California Department of Tax and Fee Administration (CDTFA) indicating a shift in their tax payment schedules from ...
Willow Biosciences Reports Q3 2024
LOS ANGELES- Willow Biosciences Inc., a biotechnology firm specializing in the industrial production of functional ingredients, has reported its financial results for the third quarter of 2024. The company achieved record revenue of $1.7 million ...
Japan to Accept Public Comments on Cannabis Reform Bill
WORLD- The Japanese government announced on May 30 that it will begin accepting public comments on its cannabis reform bill, which includes potential measures to loosen restrictions on processing CBD in food products. This move ...
Few Pardons Issued for Cannabis Crimes in Canada Since 2019 Reforms
LOS ANGELES- Despite the federal government’s estimate that 10,000 Canadians would be eligible for conviction relief following the legalization of cannabis in 2018, only 845 pardons have been granted since 2019. Data from the Parole ...
South Africa Legalizes Cannabis for Personal Use
LOS ANGELES- South Africa has become the first country in Africa to legalize cannabis for personal use. The Cannabis for Private Purposes Act was signed into law by President Cyril Ramaphosa on May 28, just ...
Red Light Holland Completes Initial Phase of Psilocybin Extraction
LOS ANGELES- Red Light Holland Corp. a company specializing in the production and sale of functional mushrooms and psilocybin truffles, announced the successful completion of the first phase of psilocybin extraction. This milestone was achieved ...
Senate Farm Bill Draft Proposes Redefinition of Hemp
LOS ANGELES- The U.S. Senate Agriculture Committee has released a draft of the 2024 Farm Bill, introducing significant changes to the federal definition of hemp. The proposed legislation aims to address concerns over intoxicating hemp-derived ...
California Cannabis Dispensaries Face New Tax Payment Rules
LOS ANGELES- In November 2024, numerous licensed cannabis dispensaries in the Los Angeles area received notices from the California Department of Tax and Fee Administration (CDTFA) indicating a shift in their tax payment schedules from ...
Willow Biosciences Reports Q3 2024
LOS ANGELES- Willow Biosciences Inc., a biotechnology firm specializing in the industrial production of functional ingredients, has reported its financial results for the third quarter of 2024. The company achieved record revenue of $1.7 million ...
Forian Inc. Announces First Quarter Fiscal 2021 Financial Results
NEWTOWN, Pa.–Forian Inc. (NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, today announced results for its fiscal first quarter ended March 31, 2021. "This quarter was transformational ...
Vireo Health Announces First Quarter 2021 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), a physician-led, science-focused multi-state cannabis company, today reported financial results for its first quarter ended March 31, 2021. All currency figures referenced in this press release reflect ...
Green Thumb Industries Reduces Cost of Capital With New Financing
VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, earlier this month announced they had closed on a USD$217M senior non-brokered private placement ...
Lucid Green Inc. Secures $3.1MM Funding
NEW YORK–Lucid Green Inc., today announced funding of $3.1MM from new investors, Bravos Capital, Silverleaf Ventures, and existing investors FGCP and HALLEY Venture Partners. This funding will be utilized to further the adoption of LucidIDs ...
Supreme Cannabis Announces Financial Results for Q3 2021
TORONTO–Supreme Cannabis (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three months ended March 31, 2021. Supreme Cannabis' Management Discussion & Analysis ("MD&A") and condensed interim consolidated ...
Aurora Cannabis Announces Fiscal 2021 Third Quarter Results
EDMONTON, AB–Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), a Canadian company developing cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021. "Consistent with many ...
Nextleaf Solutions Enter Cannabis CPG With Acquisition of Legacy Consumer Brand
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) an innovative cannabis extractor, is pleased to announce its initial entry into branded consumer products, with the acquisition of all rights associated with the award-winning, ...
GrowGeneration Names Dennis Sheldon SVP Global Supply Chain
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today announced the appointment of Dennis Sheldon to Senior Vice President of Global Supply Chain, effective ...
Trulieve Reports First Quarter 2021 Revenue of $194M, Net Income of $30M
TALLAHASSEE–Trulieve Cannabis Corp (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company ...
Exclusive: A Realist’s Guide To Investing In Mexican Cannabis
VANCOUVER, B.C.–Knowing when and how to invest in the earliest stages of a newly regulated cannabis market is never easy. However, this can be especially true in a place like Mexico, where opaque political processes ...
10 Cannabis Events Cannabis Investors Must Attend in 2021
OAKLAND–For the booming cannabis space, networking opportunities are crucial for long-term success. Trade shows, conferences, and parties celebrating all things industry are a beloved part of doing business. And while the COVID-19 shifted many events ...
Charlotte’s Web Holdings Reports Quarter 1 2021 Results
BOULDER– Charlotte's Web Holdings (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum cannabidiol (CBD) hemp extract wellness products, today reported financial results for the first quarter ended March ...
Curaleaf International Launches Range of Medical Cannabis Products in Germany
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that wholly owned Curaleaf International subsidiary Adven GmbH has launched its own range of medical ...
Curaleaf Reports Record First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.,–Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today reported its financial and operating results for the first quarter ended March 31, 2021. 1Q 2021 Financial Highlights (Unaudited) ...
Cannabis Vape Devices Market Size To Reach $16 Billion By 2028
FELTON–The global Handheld Cannabis Vaporizer Market size is expected to reach USD 15.77 billion by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Million Insights. What are Key Factors Driving ...
