M4MM
Missouri Expunges More than 140,000 Cannabis Cases
ST LOUIS- Missouri courts have expunged more than 140,000 cannabis-related cases since voters approved a constitutional amendment in 2022 to legalize recreational cannabis. However, the total number of expungements is unlikely to grow significantly beyond ...
New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES- New Mexico House Bill 331 was introduced, proposing that cannabis establishments with ten or more employees be required to enter into, maintain, and adhere to labor peace agreements with bona fide labor organizations. ...
Maine Governor Advocates for Enhanced Regulation of Medical Cannabis Program
LOS ANGELES- In her recent State of the Budget address, Governor Janet Mills characterized Maine's medical cannabis program as the "wild, wild west," advocating for increased regulation to ensure consumer safety. She proposed implementing mandatory ...
Cresco Labs Reports Q2 2024 Financial Results
LOS ANGELES- Cresco Labs Inc. has released its financial results for the second quarter of 2024, showcasing significant improvements in profitability and maintaining strong market positions across several states. Key highlights from the report include: ...
Missouri Division of Cannabis Regulation Recalls Over 2,600 Products for Inadequate Testing
LOS ANGELES- The Missouri Division of Cannabis Regulation (DCR) announced a recall on Tuesday for 2,649 cannabis products sold by NGWMO, LLC to dispensary facilities. The recall was issued because the products did not undergo ...
Aurora Cannabis Reports Q1 Fiscal 2025 Financial Results
LOS ANGELES- Aurora Cannabis has announced its financial results for the first quarter of fiscal 2025, ending June 30, 2024. The company reported positive free cash flow, increased revenue, and substantial growth in its global ...
DEA’s Proposed Rescheduling of Cannabis Sparks Public Response
LOS ANGELES- The Drug Enforcement Administration (DEA) has proposed rescheduling cannabis under federal drug law, moving it from Schedule I to Schedule III. This shift reflects changing perceptions about cannabis, which is currently classified alongside ...
Missouri Expunges More than 140,000 Cannabis Cases
ST LOUIS- Missouri courts have expunged more than 140,000 cannabis-related cases since voters approved a constitutional amendment in 2022 to legalize recreational cannabis. However, the total number of expungements is unlikely to grow significantly beyond ...
New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES- New Mexico House Bill 331 was introduced, proposing that cannabis establishments with ten or more employees be required to enter into, maintain, and adhere to labor peace agreements with bona fide labor organizations. ...
Maine Governor Advocates for Enhanced Regulation of Medical Cannabis Program
LOS ANGELES- In her recent State of the Budget address, Governor Janet Mills characterized Maine's medical cannabis program as the "wild, wild west," advocating for increased regulation to ensure consumer safety. She proposed implementing mandatory ...
Vireo Health Announces First Quarter 2021 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), a physician-led, science-focused multi-state cannabis company, today reported financial results for its first quarter ended March 31, 2021. All currency figures referenced in this press release reflect ...
Green Thumb Industries Reduces Cost of Capital With New Financing
VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, earlier this month announced they had closed on a USD$217M senior non-brokered private placement ...
Lucid Green Inc. Secures $3.1MM Funding
NEW YORK–Lucid Green Inc., today announced funding of $3.1MM from new investors, Bravos Capital, Silverleaf Ventures, and existing investors FGCP and HALLEY Venture Partners. This funding will be utilized to further the adoption of LucidIDs ...
Supreme Cannabis Announces Financial Results for Q3 2021
TORONTO–Supreme Cannabis (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three months ended March 31, 2021. Supreme Cannabis' Management Discussion & Analysis ("MD&A") and condensed interim consolidated ...
Aurora Cannabis Announces Fiscal 2021 Third Quarter Results
EDMONTON, AB–Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), a Canadian company developing cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021. "Consistent with many ...
Nextleaf Solutions Enter Cannabis CPG With Acquisition of Legacy Consumer Brand
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) an innovative cannabis extractor, is pleased to announce its initial entry into branded consumer products, with the acquisition of all rights associated with the award-winning, ...
GrowGeneration Names Dennis Sheldon SVP Global Supply Chain
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today announced the appointment of Dennis Sheldon to Senior Vice President of Global Supply Chain, effective ...
Trulieve Reports First Quarter 2021 Revenue of $194M, Net Income of $30M
TALLAHASSEE–Trulieve Cannabis Corp (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company ...
Exclusive: A Realist’s Guide To Investing In Mexican Cannabis
VANCOUVER, B.C.–Knowing when and how to invest in the earliest stages of a newly regulated cannabis market is never easy. However, this can be especially true in a place like Mexico, where opaque political processes ...
10 Cannabis Events Cannabis Investors Must Attend in 2021
OAKLAND–For the booming cannabis space, networking opportunities are crucial for long-term success. Trade shows, conferences, and parties celebrating all things industry are a beloved part of doing business. And while the COVID-19 shifted many events ...
Charlotte’s Web Holdings Reports Quarter 1 2021 Results
BOULDER– Charlotte's Web Holdings (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum cannabidiol (CBD) hemp extract wellness products, today reported financial results for the first quarter ended March ...
Curaleaf International Launches Range of Medical Cannabis Products in Germany
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that wholly owned Curaleaf International subsidiary Adven GmbH has launched its own range of medical ...
Curaleaf Reports Record First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.,–Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today reported its financial and operating results for the first quarter ended March 31, 2021. 1Q 2021 Financial Highlights (Unaudited) ...
Cannabis Vape Devices Market Size To Reach $16 Billion By 2028
FELTON–The global Handheld Cannabis Vaporizer Market size is expected to reach USD 15.77 billion by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Million Insights. What are Key Factors Driving ...
Akerna Announces Financial Results for the First Quarter 2021
DENVER– Akerna (Nasdaq: KERN), an enterprise software, and compliance technology provider, today reported its unaudited financial results for the quarter ended March 31, 2021. "Our first quarter was a strong start to 2021, with increasing ...
