M4MM
Curaleaf Earnings Estimates Lowered
LOS ANGELES- Analysts at Atb Cap Markets have revised their Q2 2024 earnings estimates for Curaleaf Holdings, Inc. now forecasting a loss of $0.04 per share, down from a previous estimate of $0.03 per share. ...
Trulieve Contributes $5 Million to Florida Recreational Cannabis Campaign
LOS ANGELES- Trulieve, a medical cannabis company, has contributed an additional $5 million to support the campaign for legalizing recreational cannabis in Florida. This donation, made on July 15th, was directed to the Smart & ...
Aurora Cannabis Reports Quarterly Earnings
LOS ANGELES- Aurora Cannabis Inc. reported its quarterly earnings on Thursday, June 20th, surprising analysts with a positive earnings per share (EPS) of $0.11. This result significantly surpassed the consensus estimate of a $0.18 loss ...
Virginia’s Path to Adult-Use Cannabis Market Faces Political Hurdles
LOS ANGELES- The journey toward establishing a regulated adult-use cannabis market in Virginia is encountering significant political barriers, despite initial progress in cannabis legislation. The Commonwealth, which took initial steps towards a more progressive stance ...
Cybin Eyes $150 Million Boost Through Private Placement to Propel Psychedelic Drug Development
Cybin Inc., a firm at the forefront of psychedelic drug development, announced its plan on Wednesday to secure approximately $150 million in funding through the private placement of over 348 million common shares. This strategic ...
Washington to Eliminate 37% Tax on Medical Cannabis
NEW YORK- In a significant legislative move, Washington State has taken steps to alleviate the financial strain on medical cannabis patients by abolishing the 37% excise tax previously levied on their medicine. This decision follows ...
atai Life Sciences Advances VLS-01, A Novel DMT-Based Treatment
LOS ANGELES- atai Life Sciences a biotechnology company specializing in mental health treatments, is making strides in the development of a groundbreaking approach to treating treatment-resistant depression. Dr. Srinivas Rao, the Chief Scientific Officer, recently ...
Curaleaf Earnings Estimates Lowered
LOS ANGELES- Analysts at Atb Cap Markets have revised their Q2 2024 earnings estimates for Curaleaf Holdings, Inc. now forecasting a loss of $0.04 per share, down from a previous estimate of $0.03 per share. ...
Trulieve Contributes $5 Million to Florida Recreational Cannabis Campaign
LOS ANGELES- Trulieve, a medical cannabis company, has contributed an additional $5 million to support the campaign for legalizing recreational cannabis in Florida. This donation, made on July 15th, was directed to the Smart & ...
Aurora Cannabis Reports Quarterly Earnings
LOS ANGELES- Aurora Cannabis Inc. reported its quarterly earnings on Thursday, June 20th, surprising analysts with a positive earnings per share (EPS) of $0.11. This result significantly surpassed the consensus estimate of a $0.18 loss ...
Gage Cannabis Closes $50 Million Reg A+ Financing, Seeks To Go Public In Q1 2021
DETROIT – Forbes has reported today that Gage Cannabis Co. a leading high-quality craft cannabis brand and operator in Michigan, have closed at $50M Reg A+ financing round. It previously secured a minimum investment of ...
COOKIES Launch ”CAPS” A Blend of Mushrooms, Cannabinoids, and Terpenes
SAN FRANCISCO – International cannabis lifestyle brand COOKIES gives consumers an all-new way to manage their health and wellness with the launch of a novel three-in-one capsule product line that combines mushrooms, cannabinoids and terpenes designed to ...
New U.S. Senate Leader Endorses Ending Cannabis Prohibition
WASHINGTON – The change in Senate leadership means the increased potential for a number of policy areas to be addressed, including cannabis policy reform. With Majority Leader Chuck Schumer (D-N.Y.) now the first head of the upper ...
New Mexico Moves Ahead With Recreational Cannabis Legalization Plan
SANTA FE – Gov. Michelle Lujan Grisham on Thursday announced her support for a measure to legalize recreational cannabis in New Mexico for adults aged 21 and older, an economic development driver that would create ...
MedMen Must Pay Ex-CFO At Least $500K In Legal Fees
LOS ANGELES – A California state court ordered cannabis retailer, MedMen, to pay its former CFO $500,000 reimbursement of legal fees amid his retaliatory firing suit, noting his contract covered attorney fees in any eventuality. ...
Hawaii Cannabis Tax Proposal Plugs Budget Shortfalls
HONOLULU – 15 states in the United States have already legalized cannabis for recreational use. With Hawaiian tourism revenues vanishing with COVID, it's no surprise some Hawaii lawmakers are considering legalizing recreational cannabis. Despite years ...
Harvest Health & Recreation Uses Sale And Leaseback To Fund Florida Expansion
PHOENIX – Harvest Health & Recreation Inc. (CSE: HARV), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") ...
Social Equity Licensing Lawsuit Dropped In Massachusetts
BOSTON – A lawsuit filed by the Commonwealth Dispensary Association against the Cannabis Control Commission over new delivery regulations has been dropped. The CDA sued the CCC, arguing new regulations introducing a cannabis operator license ...
Brexit Stymies Medical Cannabis Patients in the U.K.
LONDON, U.K. – British mother Hannah Deacon's campaign to save her son Alfie life in 2017 led to a change in the law in the United Kingdom enabling cannabidiol medicine to be prescribed. This prescription ...
How to Distribute Wholesale CBD Oil
CBD and everything else hemp-related is only becoming more popular with time, and projections suggest that the domestic hemp market is about to explode into an unprecedented period of growth based on a variety of ...
History of CBD – How the Industry Came to Be
To understand something, you must understand where it came from. Every product within today’s consumer culture has a story, and the story of how cannabidiol ended up in medicine cabinets around the world is more ...
CBD For Anxiety
Cannabidiol (CBD) has become increasingly popular as an alternative treatment for a variety of ailments, from arthritis to autism. The non-psychoactive cannabinoid is also being used by some people as a way to alleviate anxiety ...
Cannabis and Pregnancy — What You Need To Know
Cannabis has been used medicinally throughout history for all different kinds of maladies, including many women’s health conditions. Ancient Egyptians made a paste made of cannabis leaves to put on sore breasts for women. In ...
Are You Getting The Most Out Of Your Hemp Crop?
It’s an exciting time to be in the hemp industry, as interest in CBD and other derivatives has reached a fever pitch. Now more than ever, as businesses in the space continue to develop, it’s ...
5 Uses For CBD You May Not Be Aware Of
Now that hemp is legal in all 50 states, there have been many developments in how the medicine is delivered. Consumers can still smoke marijuana, but they can also use vaporizers, edibles, sublingual sprays, capsules ...
