M4MM
Global Developments in Cannabis Legalization in 2023
LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Beckley Psytech Launches Study on Neurophysiological Effects of Synthetic 5-MeO-DMT
LOS ANGELES- Beckley Psytech, a private psychedelics medicine company, announced on Monday the commencement of a new research study investigating the neurophysiological effects of BPL-003, its novel synthetic intranasal formulation of 5-MeO-DMT, on the human ...
CannMed24 Event Review: 12 Things You Missed at CannMed 24
NEW YORK-CannMed 24 has set a new benchmark in the cannabis industry, offering unparalleled insights, networking opportunities, and a unique experience. Here are a dozen highlights certain to stir up a whole bunch of FOMO ...
Filament Health Receives Authorization for Phase 2 Clinical Trial of Psilocybin for MAUD Treatment
LOS ANGELES- Filament Health, a psychedelic drug development company, has received authorization from Health Canada and the United States Food and Drug Administration (FDA) to conduct a Phase 2 clinical trial of its botanical psilocybin ...
Japan to Accept Public Comments on Cannabis Reform Bill
WORLD- The Japanese government announced on May 30 that it will begin accepting public comments on its cannabis reform bill, which includes potential measures to loosen restrictions on processing CBD in food products. This move ...
Global Developments in Cannabis Legalization in 2023
LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Plus Products partners with Eaze to Launch Limited-Edition Cannabis Gummy in California
SAN MATEO— Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) , a cannabis and hemp branded products company in the U.S., today announced that it is partnering with Eaze Technologies, one of California’s largest delivery marketplaces ...
Veriheal announces $20,000 Innovation in Cannabis Higher Education Scholarship Fund
DENVER — Veriheal, the cannatech healthcare enterprise behind the nation’s largest medical marijuana application platform, today announced a $20,000 Innovation in Cannabis scholarship to fund students pursuing degrees in the cannabis industry. The scholarship, which launched in 2020 with $10,000 in awards, ...
iAnthus Reports Fiscal Fourth Quarter and Full Year 2020 Financial Results
NEW YORK and TORONTO – iAnthus Capital Holdings. Inc, (CSE: IAN), (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reports its financial results for the fourth quarter and ...
Greenlane and KushCo Announce Merger, Creating Leading Ancillary Cannabis Company
BOCA RATON– Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) announced on Wednesday, that they have entered into a definitive merger agreement, pursuant to which KushCo will become a wholly owned subsidiary ...
Tryp Therapeutics Appoints Greg McKee as Chief Executive Officer
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, is pleased to announce that it has appointed Greg McKee as its Chief Executive ...
New Study Shows Cannabis Is Needed More Than Ever Since The Pandemic
NEW YORK–Interesting new survey data collected by cannabis media outlet WayofLeaf suggests that medical cannabis is in heightened demand, despite increased access to recreational cannabis via adult-use laws. Results of the study highlight that 70% ...
Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City
ATLANTA and WEST PALM BEACH– Parallel, a privately-held multi-state cannabis operator in the United States, today announced it has entered into a definitive agreement to acquire, in a cash and stock transaction, certain operations of ...
Zenabis Announces Full Year and Fourth Quarter 2020 Financial Results
VANCOUVER, BC – Zenabis Global Inc. (TSX: ZENA) today announced its financial results for the year and quarter ended December 31, 2020. All amounts, unless specified otherwise, are expressed in Canadian dollars. Full Year 2020 Highlighted Financial ...
ManifestSeven Reports Results for Fourth Quarter and Fiscal Year 2020
IRVINE, Calif.– ManifestSeven Holdings Corp. (CSE: MSVN; OTCMKTS: MNFSF), an integrated omnichannel platform for legal cannabis, today announced financial results for its fiscal fourth quarter and year ended November 30, 2020. M7's fiscal year 2020 ...
EcoGen Biosciences Announces Plant Now, Pay Later Hemp Seed Program Designed to Support Farmers
GRAND JUNCTION, Colo.–EcoGen Biosciences, a leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients, proprietary formulations, and private-label finished products in the United States, today introduced the EcoGen "Plant Now, Pay Later" program. The Plant Now, Pay ...
High Tide Reports First Quarter 2021 Financial Results Featuring a 179% Increase in Revenue and EBITDA of $4.6 Million
CALGARY, AB, – High Tide Inc. (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, filed its financial results for the first fiscal quarter of ...
Nextleaf Solutions Secures $3 Million in Convertible Note Financing
Vancouver, British Columbia– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) , an innovative cannabis processor, is pleased to announce that it has closed a private placement with an institutional investor for aggregate gross ...
CannabCo Announces Breakthrough in Cannabis Production with Phoenix 2.0
BRAMPTON, ON– CannabCo Pharmaceutical Corp., a Canadian company located in Brampton, Ontario, announced the latest results of their Phoenix 2.0 system. Working with their technology partners for the enhancement of CannabCo's proprietary grow system, dubbed ...
Inner Spirit Holdings Closes $11.5 Million Equity Financing
CALGARY, AB– Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf cannabis retail stores, today announced it has closed its previously announced "bought deal" short form prospectus ...
Spyder Cannabis Acquires Leading Vape Retailer 180 Smoke
Vaughan, Ontario – Spyder Cannabis Inc. (TSXV: SPDR), an established Canadian cannabis and vape retailer, is pleased to announce the closing of its previously announced acquisition on February 23, 2021 of all of the issued ...
