M4MM
Vireo Goes on Shopping Spree Becoming a New Cannabis MSO
NEW YORK--Cannabis multistate operator (MSO) Vireo Growth has taken a significant leap forward by securing $75 million in equity financing and acquiring four companies, including three single-state operators and a delivery and analytics platform. This ...
Federally Funded Survey: Cannabis Use By Teens Hits Historic Low
WASHINGTON, D.C- (NORML) Federally funded survey data provided by the University of Michigan reports that teen marijuana use has declined significantly over the past decade and is now at historic lows. Consistent with data previously reported by the Centers ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
Cybin Inc. Reports Financial Results and Prepares for Phase 3 Study of Lead Drug CYB003
LOS ANGELES- Cybin Inc. announced its audited financial results for the fiscal year ending March 31, 2024. The company, which currently has no revenue, reported cash holdings of C$209 million at the end of the ...
New Hampshire Residents Support Cannabis Legalization Despite Legislative Setback
LOS ANGELES- A recent poll by the University of New Hampshire Granite State Poll reveals that 65% of New Hampshire residents support legalizing cannabis for adult use, reflecting strong public backing. This contrasts sharply with ...
Brazil’s Supreme Court Decriminalizes Cannabis Possession for Personal Use
LOS ANGELES- Brazil's Supreme Court has voted to decriminalize the possession of cannabis for personal use, marking a significant change in the country's drug policy. This decision, reached after deliberations that began in 2015, reflects ...
Organigram Invests €14 Million in German Cannabis Firm Sanity Group
LOS ANGELES- Organigram Holdings Inc. has invested €14 million (~C$21 million) in Sanity Group, a German cannabis company. The investment comprises an €11.5 million unsecured convertible note and a €2.5 million equity stake, positioning Organigram ...
Vireo Goes on Shopping Spree Becoming a New Cannabis MSO
NEW YORK--Cannabis multistate operator (MSO) Vireo Growth has taken a significant leap forward by securing $75 million in equity financing and acquiring four companies, including three single-state operators and a delivery and analytics platform. This ...
Federally Funded Survey: Cannabis Use By Teens Hits Historic Low
WASHINGTON, D.C- (NORML) Federally funded survey data provided by the University of Michigan reports that teen marijuana use has declined significantly over the past decade and is now at historic lows. Consistent with data previously reported by the Centers ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
GTEC Cannabis Co. Reports First Quarter of Fiscal 2021 Results
KELOWNA, BC– GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of handcrafted, high quality cannabis products, is pleased to announce that it has reported its First Quarter financial results of fiscal ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional ...
Fire & Flower Announces 2020 Fiscal and Fourth Quarter Financial Results
TORONTO–Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the fiscal year and quarter ended January 30, 2021. Financial and Operational Highlights for the 2020 Fiscal Year ...
Canadian Group Valens Enters US Market with Acquisition of Green Roads CBD Company
KELOWNA, BC,–The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Green Roads ...
Psychedelics Company Atai Life Sciences Files For Nasdaq Listing
NEW YORK– Atai Life Sciences are priming to become the second psychedelics company to list on a major U.S. exchange, following COMPASS Pathways (to which Atai is connected). The German headquartered biotech firm filed Tuesday ...
Numinus Announces Phase 1 Clinical Trial of Psilocybin Mushroom Extraction
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, announced today that it has formed a partnership with KGK Science, a leading contract research organization ...
