M4MM
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
Kentucky Opens Applications for Medical Cannabis Business Licenses
LOS ANGELES- Kentuckians can now apply for cannabis business licenses, and medical providers can seek permission to prescribe cannabis through Kentucky’s Board of Medical Licensure and Board of Nursing. This follows the enactment of bipartisan ...
Global Medical Cannabis Market Projected to Reach $77.13 Billion by 2032
LOS ANGELES- The global medical cannabis market is expected to grow significantly, reaching a valuation of $77.13 billion by 2032 from $17.08 billion in 2023, driven by a compound annual growth rate (CAGR) of 18.24%, ...
Delaware Lawmakers Pass Bill to Enable Financial Services for Cannabis Businesses
LOS ANGELES- Delaware lawmakers recently passed legislation establishing protections for banks and other financial institutions to work with state-legal cannabis companies as the state prepares to launch its adult-use market. Protections for Financial Institutions The ...
Germany’s Cannabis Law: Maximizing Yield with the Three-Plant Limit
BERLIN — Germany’s new cannabis law, effective April 1, 2024, permits adults to grow up to three plants and possess up to 25 grams of cannabis for personal use. This regulation requires home cultivators to ...
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
CALGARY, AB– High Tide (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of Smoke ...
Curaleaf Introduces “Select Squeeze” THC Beverage Enhancer
WAKEFIELD, Mass.– Curaleaf (CSE: CURA /OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, has launched Select Squeeze, a fast-acting THC-infused beverage enhancer featuring Nano-emulsification technology. In addition to the product's innovative nature, the debut ...
MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results
NORWOOD, Mass.– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today reported financial and operating results for the three and twelve-month periods ended December 31, 2020. Fourth Quarter 2020 ...
Legendary Street Artist JonezyArtwork and Unite Vapeware Collaborate to Bring Urban Art to the Cannabis Vape Industry
SACRAMENTO– Unite Vapeware, a leading California-based designer, manufacturer, and supplier of high-end vape-related products has teamed up with famed street artist "JonezyArtwork" to create the "Unite Artist Collection". The collaboration was designed to allow consumers ...
El Blunto Partners with Papa’s Select For Limited Edition 420 Cannabis Cigars
LOS ANGELES– El Blunto, one of California's top blunt producers, announces the release of two special edition El Blunto cannabis cigars made with top-shelf flower and infused with Papa's Select premium living extracts. This marks ...
Harborside Secures $12 Million Revolving Credit Facility
OAKLAND– (CSE: HBOR) (OTCQX: HBORF), Harborside, a California-focused, vertically integrated cannabis business, announced it has entered into a loan financing arrangement with a commercial federally regulated bank, in the amount of US$12 million due March 2024. Harborside ...
Trulieve Reports Fourth Quarter and Full-Year 2020 Results
TALLAHASSEE– (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter and year ended December 31, 2020. The Company became a U.S. reporting company ...
Khiron Medical Cannabis Products Arrive in Germany for Immediate Prescription, Sale and Distribution
TORONTO–Khiron Life Sciences Corp. ("Khiron" or the "Company") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, is pleased to announce that the Company has ...
GrowGeneration Acquires Agron.io B2B Integrated Platform
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Agron.io, a leading wholesale agriculture platform that allows commercial growers to manage their purchasing and ...
Yooma Wellness Inc. Acquires Socati Corp. In US$25MM Transaction
TORONTO– Yooma Wellness Inc. (CSE: YOOM), an emerging marketer and distributor of cannabinoid and hemp-derived wellness products, today announced that it acquired Socati Corp., a U.S. based manufacturer and seller of premium-quality cannabinoid ingredients and ...
Alcanna & YSS Corp. Close Reverse Takeover To Create “Nova Cannabis Inc.”
EDMONTON and CALGARY, AB, – Alcanna Inc. (TSX: CLIQ) and YSS Corp. (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) announce the completion of their business combination previously announced on January 18, 2021, which resulted in ...
FDA Warns Companies Illegally Selling Over-the-Counter CBD Products for Pain Relief
SILVER SPRING, Md.,– The U.S. Food and Drug Administration has issued warning letters to two companies for selling products labeled as containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act ...
Akerna Announces Financial Results for the Quarter Ended December 31, 2020
DENVER–Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider and developer of seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), today reported its unaudited financial results for the quarter ended December 31, 2020. "In ...
Greenrose SPAC Acquires 4 Cannabis Businesses Creating New Vertically Integrated Company
AMITYVILLE, N.Y.– Greenrose Acquisition Corp. (NASDAQ: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies ...
War On Drugs Ends For Residents Of Cambridge Massachusetts
CAMBRIDGE – Cambridge's City Council agreed 8-1 last month with an order written by councillor Jivan Sobrinho-Wheeler that the city make arresting adults with controlled substances “amongst the lowest law enforcement priority” and that the ...
