M4MM
Trulieve Reports Strong Fourth Quarter Performance
LOS ANGELES- Trulieve Cannabis Corp., a multi-state cannabis operator, has announced its financial results for the fourth quarter and full year ending December 31, 2024, showcasing notable growth and operational efficiency. Financial Highlights Revenue: The ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
DEA Reclassification of Cannabis Raises Regulatory Questions for States
LOS ANGELES- The U.S. Drug Enforcement Administration (DEA) has initiated steps to reclassify cannabis, potentially shifting it to a status similar to regulated medicines such as Tylenol with codeine or some steroids. This federal change ...
5th Circuit Court Rules Federal Ban on Cannabis Users Owning Guns Unconstitutional
LOS ANGELES- The 5th U.S. Circuit Court of Appeals has declared that prosecuting a cannabis user for gun ownership under federal law is unconstitutional, marking a significant ruling that challenges longstanding federal restrictions. The decision ...
Nebraska Certifies Medical Cannabis Ballot Measures for November Election
LOS ANGELES- The Nebraska Secretary of State has officially certified two ballot measures aimed at legalizing medical cannabis and establishing a regulated cannabis industry in the state. The measures, which will appear on the November ...
Cannabis Industry Reacts to Trump’s Endorsement of Florida Legalization Initiative
LOS ANGELES- Former President Donald Trump's recent endorsement of Florida's Amendment 3, which seeks to legalize recreational cannabis in the state, has sparked immediate responses from key figures in the cannabis industry. The proposed constitutional ...
Trulieve Reports Strong Fourth Quarter Performance
LOS ANGELES- Trulieve Cannabis Corp., a multi-state cannabis operator, has announced its financial results for the fourth quarter and full year ending December 31, 2024, showcasing notable growth and operational efficiency. Financial Highlights Revenue: The ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Gage Growth Brings Iconic Cannabis Brand COOKIES to Canada
DETROIT–Gage Growth Corp. (CSE: GAGE), a leading high-quality cannabis brand and operator, today announced that it will bring the iconic cannabis brand COOKIES to Canada. COOKIES is one of the best-known cannabis brands in the world and ...
Turning Point Brands Invests $8 Million in Lifestyle Cannabis Brand Old Pal
LOUISVILLE, Ky.,–Turning Point Brands, Inc. (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today that the Company has completed a $8 million strategic ...
Gage Growth Corp. and Pure Beauty Announce Exclusive Partnership
DETROIT–Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator in Michigan, is pleased to announce that Gage and Pure Beauty have entered into an exclusive five-year partnership agreement to launch Pure Beauty's line ...
Demand for Delta-8 THC Gummies is Rising Says Exhale Wellness
LOS ANGELES–Exhale Wellness has made many people switch to Delta-8 THC as it continues to produce innovative products. With the rising demand for Delta-8 gummies, it is one of the few organizations that make all-natural Delta-8 ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX:SHWZ) , announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor ...
NuLeaf Naturals Launches New Multicannabinoid Formula
DENVER–On July 9, 2021, NuLeaf Naturals launched their new Multicannabinoid™ oil and softgels. NuLeaf Naturals Multicannabinoid™ is a comprehensive formula designed to elevate your health and wellbeing. They say their daily blend contains several key ...
GrowGeneration Acquires Mendocino Greenhouse & Garden Supply Expanding Footprint in California’s Emerald Triangle
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Mendocino Greenhouse and Garden Supply, a Northern California-based hydroponic garden center, located in Mendocino, California. Mendocino ...
Cannabis Concentrate Sales Rose 50% On 710 Cannabis Oil Day
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, shows that concentrate sales were up 50% on Saturday, July 10th also known as "710 Day", as inverting the value 710 spells OIL, another word ...
Body and Mind Closes US$11 Million Debt Financing
VANCOUVER, BC–Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), a multi-state operator, is pleased to announce that it has closed a US$11.1 million debt financing with related entities to FocusGrowth Asset Management, LP. Under the ...
Master Hashish Maker Frenchy Cannoli Has Died
SAN FRANCISCO–Frenchy Cannoli, the legendary Californian-French Hashish Maker has died, according to a post on his company Instagram account. Frenchy was a California-based teacher, consultant, artisan, and activist dedicated to the production and appreciation of traditional ...
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 ...
