M4MM
Psyence Biomed to Acquire Stake in PsyLabs for $1.1 Million
LOS ANGELES- Psyence Biomedical Ltd. announced its agreement to acquire an 11.13% stake in PsyLabs, a company specializing in psychedelic active pharmaceutical ingredients (APIs) and extracts, in exchange for $1.1 million worth of common stock. ...
Weedmaps’ WM Technology Faces SEC Scrutiny Over Misleading Investor Reports
NEW YORK–WM Technology, Inc. (Nasdaq: MAPS), best known for its cannabis-focused platform, Weedmaps, has found itself at the center of an SEC investigation over misleading user metrics. The California-based company recently agreed to pay a ...
Colorado’s Cannabis Market Faces Decline Amid National Expansion
LOS ANGELES- Colorado, once a leader in the legal cannabis market, is now grappling with declining sales and tax revenues. A report from the state's Legislative Council Staff attributes this downturn to market saturation, oversupply, ...
Illinois Legislation Targets Ban on Intoxicating Hemp Products
LOS ANGELES- In a recent legislative move in Illinois, lawmakers have proposed a ban on intoxicating hemp products, including delta-8 THC. This initiative aligns with broader efforts to implement tighter controls on the hemp industry ...
North Dakota Seeks to Revive Adult-Use Cannabis Initiative for November Ballot
LOS ANGELES- In North Dakota, cannabis advocates are rallying to place an adult-use cannabis question on the ballot for the upcoming November general election. The initiative, led by former Bismarck mayor and current Burleigh County ...
Cannabis Legalization in North Carolina
LOS ANGELES- In North Carolina, the path to legalizing recreational cannabis remains uncertain, with recent legislative efforts failing to achieve the necessary bipartisan support. The state's cautious approach, especially the lack of Republican backing, highlights ...
California Advances Regulated Psychedelic Therapy Bill
LOS ANGELES- California's legislative body has taken a significant step towards the formal integration of psychedelic therapy into medical practice with the Senate Business, Professions and Economic Development Committee's recent approval of Senate Bill 1012. ...
Psyence Biomed to Acquire Stake in PsyLabs for $1.1 Million
LOS ANGELES- Psyence Biomedical Ltd. announced its agreement to acquire an 11.13% stake in PsyLabs, a company specializing in psychedelic active pharmaceutical ingredients (APIs) and extracts, in exchange for $1.1 million worth of common stock. ...
Weedmaps’ WM Technology Faces SEC Scrutiny Over Misleading Investor Reports
NEW YORK–WM Technology, Inc. (Nasdaq: MAPS), best known for its cannabis-focused platform, Weedmaps, has found itself at the center of an SEC investigation over misleading user metrics. The California-based company recently agreed to pay a ...
Colorado’s Cannabis Market Faces Decline Amid National Expansion
LOS ANGELES- Colorado, once a leader in the legal cannabis market, is now grappling with declining sales and tax revenues. A report from the state's Legislative Council Staff attributes this downturn to market saturation, oversupply, ...
National Hispanic Cannabis Council Launches, Advancing Cannabis Education & Entrepreneurship
DENVER– The National Hispanic Cannabis Council launched Thursday, aimed at empowering the U.S. Hispanic community through education, entrepreneurialism, and economic opportunity. With 36 states, having already legalized cannabis for medical use, the new national nonprofit organization aims ...
Pure Craft CBD Launches Nano CBD Water Soluble + Melatonin Tincture, Quick Absorption Promotes Rest & Relaxation
SAN DIEGO–Pure Craft CBD, which creates premium, bio-available CBD products, recently launched its Nano CBD Water Soluble + Melatonin tincture. One of the most absorbable CBD tinctures on the market, this supplement works in perfect ...
Moon Mother Hemp’s Commitment to the Health of the Planet Becomes Game Changer for Local Youth
BOULDER– At the height of the pandemic in 2020 one of the country's leading Hemp Brands Moon Mother Hemp Company joined 1% for the Planet. It wasn't a time when most companies had profits to spare, but climate ...
Inner Spirit Holdings Announces Year-End 2020 Financial Results
CALGARY, AB–Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has filed its Audited Consolidated Financial Statements and corresponding Management's Discussion ...
”3D” Virtual Cannabis Conference Dates Announced
DENVER– Cannabis and Tech Today, publishers of content for cannabis technology, trends, and investments, announced the spring EMERGE Virtual Cannabis Conference will be held March 30-April 1, 2021. With a focus on cultivation and sustainability, EMERGE will feature tracks ...
Medterra Supports First-Ever Consumer Clinical CBD Study in the U.S.
IRVINE, California – Medterra, a major CBD company, reports the results of participating in Validcare's seven-month clinical study. The study was in response to requests by the U.S. Food and Drug Administration ("FDA") for scientific ...
Akerna Flash Report: Stimulus Checks Landing on St. Patrick’s Day Prompt Largest Cannabis Sales Day of 2021
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning/ ERP software technology, MJ Platform, shows that Wednesday, March 17th, St Patrick's ...
Green Thumb Industries to Open 55th ”Rise” Dispensary, in Illinois
CHICAGO and VANCOUVER, BC – Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries (example in photo), today announced Rise Lake in the Hills, ...
Empire State on Verge of Legalizing Recreational Cannabis
NEW YORK – On Wednesday this week, Governor Andrew Cuomo said New York were close to an agreement legalizing recreational cannabis, and that it’s one of New York's key budget priorities. State Senator, Liz Krueger ...
Zenabis Announces Launch of Re-Up Pre-Roll Multipacks
VANCOUVER, BC– Zenabis Global Inc. (TSX: ZENA) announced the launch of pre-roll multipacks as well as new distribution agreements. Zenabis' continues to expand on the popularity of its value-oriented Re-Up portfolio with the launch of its new 10 ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a good fit for the global cannabis industry. In the first two ...
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
CALGARY, AB– High Tide (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of Smoke ...
Curaleaf Introduces “Select Squeeze” THC Beverage Enhancer
WAKEFIELD, Mass.– Curaleaf (CSE: CURA /OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, has launched Select Squeeze, a fast-acting THC-infused beverage enhancer featuring Nano-emulsification technology. In addition to the product's innovative nature, the debut ...
MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results
NORWOOD, Mass.– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today reported financial and operating results for the three and twelve-month periods ended December 31, 2020. Fourth Quarter 2020 ...
