M4MM
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
DEA’s Postponement of Cannabis Rescheduling Raises Uncertainty for Industry
LOS ANGELES- The Drug Enforcement Administration (DEA) has delayed the decision to reschedule cannabis under the Controlled Substances Act (CSA) until after the 2024 presidential election, creating significant uncertainty in the ongoing cannabis reform debate. ...
Red Light Holland Reports Q1 2025
LOS ANGELES- Red Light Holland, an Ontario-based corporation specializing in the production, growth, and sale of functional mushrooms, mushroom home grow kits, and psilocybin truffles, has announced its financial and operational results for the three ...
Pakistan Enters Global Hemp Market with Plans for 2025 Cultivation
LOS ANGELES- Pakistan is set to join the global hemp market by allowing commercial cultivation of hemp beginning in January 2025. This strategic move is aimed at enhancing the country’s economy through increased foreign exchange ...
Curaleaf Reports Revenue Growth in Q2 2024
LOS ANGELES- Curaleaf Holdings, Inc. reported a net loss of $49.8 million for Q2 2024, bringing its year-to-date losses to over $100 million. Despite these losses, the company achieved a 2% increase in revenue, reaching ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
2 Chainz and GAS Cannabis Teams Up With Black-Owned Cannabis Direct to Consumer Technology Platform, CampNova
LOS ANGELES– GAS Cannabis by 2 Chainz, a Grammy Award Winning hip-hop artist, is teaming up with direct-to-consumer Black-owned cannabis lifestyle technology platform, CampNova. Through this exclusive partnership, with just a few clicks and a matter ...
HCN Investigates: Cannabis SPACs: What Are They? What Should You Know About Them?
LOS ANGELES– Cannabis companies have traditionally had trouble gaining funding via public offerings. With SPACs, entities in the cannabis and hemp sectors can be publicly traded in both American and Canadian markets. What are cannabis ...
Neptune Reports Fourth Quarter and Fiscal 2021 Results
LAVAL, QC– Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based brands, today announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2021. ...
A LIFE IN A DAY: Jeffrey Batliner: Cannabis Industry Personalities
Jeffrey Batliner, Chief Financial Officer of Unrivaled Brands, Inc., joined the company in December of 2018 when he was hired as the Director of Financial Reporting, where his responsibilities focused on SEC Reporting as well ...
Florida Initiates Process for New Medical Cannabis Licenses
MIAMI–The Florida Department of Health (DOH) recently announced it is kicking off rulemaking for two separate competitive medical cannabis treatment center (MMTC) license application processes. Key-Takeaways This announcement has been a long time coming, as ...
Power and Collaboration Will Be The Name of the Game at New WEIC Women’s Leadership Summit
San Francisco, CA — July 15, 2021 — WEIC, the largest global community of women working in cannabis and ancillary industries, kicks-off its first virtual Women’s Leadership Summit on July 21, 2021. Themed “Power and ...
Hemp Industry Response to the Cannabis Administration and Opportunity Act
WASHINGTON– The National Industrial Hemp Council (NIHC) Board Chair Patrick Atagi released the following statement after the Cannabis Administration and Opportunity Act was released in draft form by Senate Majority Leader Chuck Schumer (D-NY), Senator ...
The Valens Company Reports Financial Results for The Second Quarter of Fiscal 2021
KELOWNA, BC– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products reported its second quarter financial results for the period ended May 31, 2021. Tyler Robson, Chief Executive Officer, Co-Founder and Chair ...
Bernard Noble And Fab 5 Freddy Partner With Curaleaf To Launch B Noble Brand
WAKEFIELD, Mass.– B Noble Inc. and Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced the launch of the B Noble brand in Massachusetts and Maryland, ...
U.S. Senate Majority Leader Schumer Unveils Bill To Federally Decriminalize Cannabis
WASHINGTON, D.C.–Senate Majority Leader Chuck Schumer, D-N.Y., (main picture) announced a sweeping bill on Wednesday to end the ''war on drugs'' and decriminalize cannabis at the federal level, a key milestone signaling shifting attitudes in ...
Red Light Holland Sells Approximately 350,000 Grams of Magic Truffles
TORONTO–Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased ...
Vicente Sederberg: Not Your Average Law Firm
DENVER–The booming cannabis industry has come a long way in the last decade. From the early days of adult-use legalization to multimillion dollar mergers and acquisitions, the space has grown exponentially and continues to drive ...
The Israeli Medical Establishment Voices Support For Tikun Olam-Cannbit’s Partnership With HMOs And Hospital
TEL AVIV– Tikun Olam-Cannbit (TASE: TKUN), an Israeli leading medical cannabis company, known for marketing of Clinically studied inflorescence and medical cannabis products, has signed this week an agreement with Maccabi Healthcare Services, Israel's second-largest HMO. As ...
GreenBroz Inc. Revolutionizes Customer Experience With Las Vegas R&D Facility and Showroom Launch
LAS VEGAS -- GreenBroz Inc. today announced the opening of its R&D facility and showroom in Las Vegas to the public. This state-of-the-art, 50,000-square-foot facility brings together design, prototyping, production and a showroom under one ...
Inner Spirit Holdings Celebrates Opening 100th Spiritleaf Cannabis Store
CALGARY, AB, - Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced the celebration for the opening of its 100th Spiritleaf ...
