M4MM
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
Florida Voters to Decide on Amendment 3 for Recreational Cannabis Legalization
LOS ANGELES- Voters in Florida are approaching a pivotal decision on Amendment 3, which proposes to legalize recreational cannabis. Multiple polls indicate strong support for the amendment, suggesting it is likely to pass. Amendment 3 ...
Arkansas Groups Submit Signatures for Cannabis and Casino Proposals
LOS ANGELES- Supporters of proposals to expand Arkansas' medical cannabis program and repeal a casino license have submitted thousands of signatures to get their measures on the November ballot. Initiative organizers, including efforts to modify ...
Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market
LOS ANGELES- Delaware Governor John Carney, who previously opposed adult-use cannabis legalization, now faces the decision of whether to allow the state’s medical cannabis companies to transition into the forthcoming adult-use market. The General Assembly ...
Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes
NEW YORK- The Minnesota Department of Revenue reports that the state has generated $10,022,635 in taxes from hemp-derived THC products since the market launched nearly a year ago. This follows the state's legalization of adult-use ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
Santé Laboratories Independently Submits Novel Foods Application for UK Distribution of its CBD Formulation
AUSTIN– U.S.-based Santé Laboratories is confident it independently met requirements requested by the Food Standards Agency (FSA) in the United Kingdom (UK) for its water-based cannabidiol (CBD) formulation in time to the eagerly awaited March ...
BLAZE Raises $8 Million in Series A Funding
LOS ANGELES – BLAZE, a growing, enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million. The round was led by Delta Emerald Ventures ...
Study Shows No Liver Toxicity From CBD in More Than 800 Adult Participants
ALMETTO, Fla.– Sun Flora an international CBD brand and creator of SUNMED products sold at Your CBD Store franchise locations, has announced its completion of a seven-month-long ValidCare clinical study. The results display the irrefutable ...
Omura Vaporizer Introduces Another Consumption Method to Cannabis Market
The cannabis landscape is evolving rapidly, with more people exploring the plant than ever before. But rolling a joint or having a dab of oil may not be for everyone, especially for those who need ...
New York Legalizes Recreational Cannabis
NEW YORK – Residents of the Empire State, New York, who are over the age of 21 will be able to legally buy Cannabis as early as next year, in a bill agreed to by ...
Harvest Health & Recreation Inc. Reports 4th Quarter & Full Year 2020 Financial Results
PHOENIX–Harvest Health & Recreation (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the fourth quarter and year ended 2020. All ...
GrowFlow Insights Launches Providing More Management Data for Retailers and Wholesalers in Cannabis
SEATTLE – Growflow a business management and compliance solution for cannabis wholesalers and retailers, today announced the launch of GrowFlow Insights, a powerful and easy-to-use analytics tool that provides comprehensive and actionable cannabis data and market ...
Fluresh Invests In Next Generation Cannabis With Launch Of ‘Fluresh Accelerator’ Program
GRAND RAPIDS– Fluresh, a Michigan-based cannabis cultivator and processor, is ushering in the next wave of cannabis professionals with the launch of its new business incubator, the Fluresh Accelerator. In an effort to create a ...
CBD of Denver Becomes One of the First CBD Companies to Accept Bitcoin and Other Crypto Currencies
DENVER– CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company and a producer and distributor of Cannabis and CBD products in Switzerland, Europe, and the US, closed its first deals paid ...
Eighty Six Brand Breaks Down What a Delta-8 THC High Feels Like
SOUTH EL MONTE, Calif., – So you've heard that Delta-8 THC products allow you to get high, legally, nationwide. And as the minor cannabinoid continues to blow up in the country, the questions on everyone's mind ...
Sweet Flower Announces Close of $15 million Series A investment
LOS ANGELES–Investment gives Sweet Flower funding to rapidly expand across California, launch manufacturing and distribution verticals and new retail brand. Sweet Flower, Southern California's leading cannabis retailer announced today that the Company has successfully raised ...
Woman CEO’s Top 3 Tips for Success in the Cannabis and Hemp CBD Industry.
PORTLAND– Rowshan Reordan is the founder and CEO of Green Leaf Lab, one of the nation's top cannabis and hemp CBD testing labs. Established in 2011, Green Leaf Lab is the 1st woman owned cannabis and ...
Horizons ETFs Rebalances Cannabis-Focused Index ETFs
TORONTO–Horizons ETFs Management (Canada) Inc. has completed the quarterly rebalances of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and the Horizons US Marijuana Index ETF (NEO: HMUS). HMMJ is ...
CBSA Sets Penalties for Crossing Canadian Border with Cannabis
OTTAWA– On October 17, 2018, the Cannabis Act came into force, introducing a strict framework for controlling cannabis within Canada. While cannabis was legalized, it does remain illegal to carry cannabis across the border without a valid ...
Germany’s Supreme Court Green Lights Hemp Product Sales
BERLIN – The 6th Criminal Senate of the German Supreme Court (BGH) handed down a judgement that the sale to end consumers of hemp flowers and leaves is not prohibited. This ruling effectively overturned a ...
