M4MM
Industrial Hemp Regulation Undergoing Comprehensive Review
LOS ANGELES- The regulatory framework governing industrial hemp is currently under extensive review, aiming to address emerging challenges and align with evolving industry practices. This initiative seeks to refine existing policies to better support the ...
Cannara Biotech Extends BMO Credit Facility and Convertible Debenture to Strengthen Financial Position
LOS ANGELES- Cannara Biotech Inc. has announced the extension and amendment of its existing credit agreement with the Bank of Montreal (BMO) and a convertible debenture with Olymbec Investments Inc. These strategic financial adjustments aim ...
NYC Sheriff Files Lawsuit Against Home Contractors Over Alleged Permit Violations
LOS ANGELES- New York City Sheriff Anthony Miranda, known for his enforcement actions against unlicensed cannabis dispensaries, has initiated a $350,000 lawsuit against home contractors for allegedly failing to secure necessary permits during renovations of ...
Verano Holdings Reports Mixed Q2 2024 Results
LOS ANGELES- Verano Holdings Corp. reported mixed financial results for Q2 2024, with revenue reaching $222 million, reflecting a 0.5% increase from the previous quarter but a 5% decline year-over-year. The revenue aligned with the ...
Ascend Wellness Reports Revenue Growth in Q2 2024
LOS ANGELES- Ascend Wellness Holdings, Inc. delivered a mixed performance for Q2 2024, reflecting both revenue gains and profitability pressures. The company reported a 15% year-over-year increase in revenue, reaching $141.5 million. Despite this growth, ...
MindMed Launches $75 Million Public Offering to Fund Psychedelic Research
LOS ANGELES- Mind Medicine (MindMed) Inc. announced a public offering aimed at raising $75 million through the sale of approximately 9.2 million shares at $7 each. The company is also offering around 1.4 million shares ...
Green Thumb Industries Reports Strong Q2 2024 Performance
LOS ANGELES- Green Thumb Industries Inc. a Chicago-based cannabis company, posted solid second-quarter results for 2024, with revenue climbing 11% year-over-year to $280 million, exceeding analyst forecasts of $277.36 million. The company’s net income rose ...
Industrial Hemp Regulation Undergoing Comprehensive Review
LOS ANGELES- The regulatory framework governing industrial hemp is currently under extensive review, aiming to address emerging challenges and align with evolving industry practices. This initiative seeks to refine existing policies to better support the ...
Cannara Biotech Extends BMO Credit Facility and Convertible Debenture to Strengthen Financial Position
LOS ANGELES- Cannara Biotech Inc. has announced the extension and amendment of its existing credit agreement with the Bank of Montreal (BMO) and a convertible debenture with Olymbec Investments Inc. These strategic financial adjustments aim ...
NYC Sheriff Files Lawsuit Against Home Contractors Over Alleged Permit Violations
LOS ANGELES- New York City Sheriff Anthony Miranda, known for his enforcement actions against unlicensed cannabis dispensaries, has initiated a $350,000 lawsuit against home contractors for allegedly failing to secure necessary permits during renovations of ...
Chicago’s Green Thumb Industries Acquires Virginia’s Dharma Pharmaceuticals
CHICAGO–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, announced it has closed on its acquisition of Dharma Pharmaceuticals LLC, previously announced on ...
Microdose Psychedelic Insights Closes Oversubscribed Financing Round
TORONTO–Microdose Psychedelic Insights, a privately held media company, announced today that it has closed a seven figure oversubscribed round, Charlie Finnie, Chief Executive Officer of Origin Therapeutics joins as a board member. Investors in this ...
Cardiol Therapeutics’ Board of Directors Appoints Dr. Guillermo Torre-Amione as Chairman
TORONTO- Cardiol Therapeutics Inc. (TSX: CRDL) (OTCQX: CRTPF) (FSE: CT9), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, today announced that its Board of Directors has appointed Dr. Guillermo Torre-Amione ...
Nature’s Medicines Celebrates 8th Anniversary Hosting Free NORML Expungement Clinics
PHOENIX–The passage of Prop 207 in Arizona last November not only legalized marijuana for adults 21 and over. It also allows eligible people convicted of cannabis violations to erase their criminal records starting July 12, ...
Auxly Strengthens Financial Position With Implementation Of Amendments To Imperial Brands $123 Million Convertible Debenture & Sale of Curative Cannabis
TORONTO– Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) a leading consumer packaged goods company in the cannabis products market, is pleased to announce the implementation of amendments to certain provisions of its previously ...
Cannabis Delivery Leader Emjay Expands to San Francisco Market, Serving 400,000 New Households
SAN FRANCISCO– Emjay, a fully-vertical cannabis delivery and retail company with operations in California, today announced its expansion to the San Francisco market with a new facility dedicated entirely to delivery. The company - which already serves millions ...
GreenGro Technologies Announces Launch of New Hemp Infused Product Line Under GreenGro Brand
Anaheim–GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced the launch of its highly anticipated product line of hemp infused tinctures, topicals, oil ...
Trulieve Announces Start Of Operations In West Virginia
TALLAHASSEE–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company based in the United States, announced today that it commenced operations in West Virginia. The Company has begun cultivation at their 100,000 ...
Ontario’s First Craft Cannabis Beverage Now Available in Stores
MIDLAND, ON–Whether for the cautious and curious or experienced and educated, Ontario's first craft cannabis beverage is now on store shelves. With only one calorie and zero sugar per serving, Proper's entry into the cannabis ...
Caliper CBD Announces New Limited-Run Lemonade Swiftsticks Flavor
DENVER– Caliper, a leading brand of clinically substantiated dissolvable CBD powders, today announced its popular Swiftsticks product is unveiling a limited-edition lemonade flavor. As the weather heats up and summer is in full swing, the ...
Medterra Becomes The Leading CBD Brand in Grocery
IRVINE, Calif.,–Medterra, a leading brand in CBD, is now the best-selling brand in U.S. grocery stores nationwide. According to a recent SPINS report, the leading provider of retail data and insights, consumers are more aware of the ...
Missouri Medical Cannabis Sales Top $70M Sales Since October 2020
JEFFERSON, Mo.– Missouri's medical cannabis dispensaries sold nearly $16.4 million worth of cannabis products in June, bringing the yearly total in the state to more than $70 million. That’s according to the Missouri Medical Cannabis Trade ...
The Parent Co & Glass House Terminate $50 Million Cannabis Investment Deal
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that its previously announced conditional agreement to complete a $50 million strategic investment in GH Group, Inc, has been terminated by the parties effective today and the ...
Gage Growth Corp. and Wiz Khalifa’s Khalifa Kush Announce Partnership
DETROIT–Today, Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator in Michigan, announced their exclusive partnership agreement with multi-platinum-selling, GRAMMY Award and Golden Globe® Award-nominated recording artist Wiz Khalifa's brand, Khalifa Kush, to ...
Leading Psychedelic Wellness Company Delic Completes Acquisition of Ketamine Infusion Centers
VANCOUVER, BC– Delic Holdings, Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness company has completed its acquisition of Ketamine Infusion Centers LLC. KIC is a limited liability corporation in Arizona, which owns and operates two ...
