M4MM
Maine Considers Stricter Medical Cannabis Regulations
LOS ANGELES- Maine lawmakers are evaluating two legislative proposals aimed at enhancing safety standards within the state's medical cannabis program. The bills, LD 104 and LD 1847, seek to introduce mandatory testing for contaminants and ...
Organigram to Announce Q2 Fiscal 2025 Results
LOS ANGELES- Organigram Global Inc. is scheduled to release its financial results for the second quarter of fiscal 2025, ending March 31, on Monday, May 12, 2025, before market open. The company will host a ...
Curaleaf Launches Hemp-Only Retail Store in Florida Following Cannabis Legalization Setback
LOS ANGELES- In the aftermath of Florida's unsuccessful bid to legalize recreational cannabis, Curaleaf Holdings, Inc. has inaugurated its first hemp-exclusive retail outlet, The Hemp Company, in West Palm Beach. This establishment offers hemp-derived THC ...
Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services
LOS ANGELES- Safe Harbor Financial, a fintech company specializing in financial services for the regulated cannabis industry, has entered into a strategic partnership with Würk, a human capital management firm focused on the cannabis sector. ...
Study Reveals Proliferation of Psilocybin Dispensaries in Canadian Urban Centers
LOS ANGELES- A recent study published in JAMA Network Open has identified 57 psilocybin dispensaries operating across 35.7% of major Canadian urban centers as of May 2024. The majority of these establishments are located in ...
Growing Craft with Scott Vasterling: A Fresh Perspective on Sungrown Cannabis
FOR IMMEDIATE RELEASE LOS ANGELES — A fresh voice is breaking into the cannabis media space, and it's set to change the way we think about craft cannabis forever. The highly anticipated debut of "Growing ...
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Maine Considers Stricter Medical Cannabis Regulations
LOS ANGELES- Maine lawmakers are evaluating two legislative proposals aimed at enhancing safety standards within the state's medical cannabis program. The bills, LD 104 and LD 1847, seek to introduce mandatory testing for contaminants and ...
Organigram to Announce Q2 Fiscal 2025 Results
LOS ANGELES- Organigram Global Inc. is scheduled to release its financial results for the second quarter of fiscal 2025, ending March 31, on Monday, May 12, 2025, before market open. The company will host a ...
Curaleaf Launches Hemp-Only Retail Store in Florida Following Cannabis Legalization Setback
LOS ANGELES- In the aftermath of Florida's unsuccessful bid to legalize recreational cannabis, Curaleaf Holdings, Inc. has inaugurated its first hemp-exclusive retail outlet, The Hemp Company, in West Palm Beach. This establishment offers hemp-derived THC ...
Constellation Brands: Analysts Maintain Ratings
LOS ANGELES- On Monday, Argus reaffirmed its Buy rating on shares of Constellation Brands (NYSE: STZ), maintaining a price target of $306.00. Argus notes the stock's value, currently trading at 18 times the firm's fiscal ...
Canopy Growth Experiences Decline in Short Interest Amid Market Activity
LOS ANGELES- Canopy Growth Co. saw a significant decrease in short interest in June. As of June 30, short interest totaled 8,730,000 shares, a 20.7% decline from 11,010,000 shares on June 15. With an average ...
Snoop Dogg Launches First Licensed Cannabis Dispensary and Product Line
LOS ANGELES- Snoop Dogg has launched his first licensed cannabis dispensary, S.W.E.D., and an exclusive product line under the Death Row Cannabis brand. The shop, located near LAX airport in Los Angeles, opened on July ...
GOP-Led House Committee Approves Spending Bill Blocking Cannabis Rescheduling
LOS ANGELES- A key Republican-led House committee has approved a large-scale spending bill that would block the Justice Department from rescheduling cannabis. Additionally, the bill amends a longstanding rider protecting medical cannabis states from federal ...
Critics Slam Thai Government’s Approach to Cannabis
LOS ANGELES- Critics have strongly opposed the Thai government's plan to reclassify cannabis as a narcotic, arguing that it will harm businesses involved in cannabis-based products and undermine investor confidence in the country. On July ...
NHS Reimburses Cannabis for Chemotherapy-Induced Nausea and Vomiting
NEW YORK- The National Health Service (NHS) England has reimbursed a patient for the cost of medicinal cannabis flowers to manage chemotherapy-induced nausea and vomiting (CINV). Michael Roberts, diagnosed with rectosigmoid adenocarcinoma and lung metastases, ...
Constellation Brands: Analysts Maintain Ratings
LOS ANGELES- On Monday, Argus reaffirmed its Buy rating on shares of Constellation Brands, maintaining a price target of $306.00. Argus notes the stock's value, currently trading at 18 times the firm's fiscal year 2025 ...
Canopy Growth Corporation Stock Performance and Upcoming Earnings Report
LOS ANGELES- In the latest market close, Canopy Growth Corporation (CGC) reached $6.50, marking a +0.31% increase compared to the previous day. This performance was below the S&P 500's daily gain of 0.55%. Meanwhile, the ...
Aurora Cannabis Submits Regular SEC Filing and Reports
LOS ANGELES- Aurora Cannabis Inc. a the medicinal chemicals and botanical products industry, has filed a Form 6-K report with the U.S. Securities and Exchange Commission (SEC) for July. The Edmonton, Alberta-based company submitted this ...
Medical Cannabis Industry Demonstrates Strong Economic Contributions and Market Trends
LOS ANGELES- The medical cannabis landscape continues to evolve, demonstrating significant economic contributions and offering vital insights into market trends. In 2024, data from licensed dispensaries and cultivation centers highlight robust retail and wholesale activities, ...
Senate Appropriations Committee Approves VA Doctors’ Cannabis Recommendation Amendment
LOS ANGELES- The Senate Appropriations Committee has passed a measure allowing U.S. Department of Veterans Affairs (VA) doctors to discuss and recommend medical cannabis to patients residing in states where it is legal. This amendment, ...
Arrogance in Business: A Cautionary Tale from Nokia’s Fall
NEW YORK--In the dynamic world of business, arrogance often precedes downfall. This truth is vividly illustrated in the rise and fall of Nokia, once a titan in the mobile phone industry. Years ago, during a ...
House Appropriations Committee Blocks Cannabis Rescheduling Efforts
LOS ANGELES- The House Appropriations Committee approved legislation on Tuesday that impedes the Biden administration's initiative to reschedule cannabis and relax federal restrictions. The Republican-led panel endorsed an amendment to a funding bill that prevents ...
Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES- Nebraska cannabis advocates have turned in more than 114,000 signatures for their petition to legalize medical cannabis in the state, according to the Nebraska Examiner. The campaign, led by Nebraskans for Medical Marijuana, ...
Stockton University to Offer New Undergraduate Degree in Cannabis Studies
LOS ANGELES- Stockton University in New Jersey is set to become the first school in the state to offer an undergraduate degree in cannabis studies. The Bachelor of Science in Hemp and Cannabis Business Management ...