M4MM
Auxly Reports Q4 and FY 2025 Financial Results
TORONTO – In the Canadian Cannabis industry that continues to reward discipline and brand strength, Auxly Cannabis Group Inc., known for its focus on consumer-packaged goods and leading brands, has posted solid results for the ...
Gilgamesh Pharma Raises $60M to Fund Its Remaining Neuropsychiatric Assets
NEW YORK – Gilgamesh Pharma, the clinical-stage neuroscience company formed last year after AbbVie acquired its predecessor’s lead psychedelic-derived program, announced it had completed an oversubscribed $60 million Series A financing. The round was led ...
The ROI Investors Are Ignoring Within the Cannabis Industry
LOS ANGELES- Industrial hemp has more ROI potential than the medicinal and intoxicating side for a simple reason: industrial hemp is a raw material that can be swapped into enormous existing markets, while medicinal products ...
California Collected $255M in Q4 Cannabis Tax Revenue
SACRAMENTO – California collected $255.1 million in Cannabis tax revenue during the fourth quarter of 2025, marking a decline from the previous quarter as sales softened and a short-term tax adjustment ended. The total includes ...
Los Angeles City Council Advances a Tax Amnesty Program for Licensed Cannabis Businesses
LOS ANGELES – The City Council voted 13-0 to instruct staff to craft a tax amnesty program for more than 500 licensed Cannabis businesses that collectively owe approximately $400 million in back taxes, penalties, and ...
REVIEW: CannBev Summit-Recap from Brandon Bobart
MIAMI - The CannaBev Summit in Miami Beach took place at a pivotal moment for the hemp-derived THC beverage industry. The uncertainty referenced throughout the event is regulatory and political. Specifically, it centers on whether ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Auxly Reports Q4 and FY 2025 Financial Results
TORONTO – In the Canadian Cannabis industry that continues to reward discipline and brand strength, Auxly Cannabis Group Inc., known for its focus on consumer-packaged goods and leading brands, has posted solid results for the ...
Gilgamesh Pharma Raises $60M to Fund Its Remaining Neuropsychiatric Assets
NEW YORK – Gilgamesh Pharma, the clinical-stage neuroscience company formed last year after AbbVie acquired its predecessor’s lead psychedelic-derived program, announced it had completed an oversubscribed $60 million Series A financing. The round was led ...
The ROI Investors Are Ignoring Within the Cannabis Industry
LOS ANGELES- Industrial hemp has more ROI potential than the medicinal and intoxicating side for a simple reason: industrial hemp is a raw material that can be swapped into enormous existing markets, while medicinal products ...
LEEF Brands Reports Financial Results
LOS ANGELES- LEEF Brands Inc. a vertically integrated cannabis company based in California, has released its financial results for the first quarter of 2025 and the full year of 2024. The company reported a 19% ...
California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES- California's legal cannabis industry is confronting a potential tax increase that stakeholders warn could exacerbate existing challenges. Assembly Bill 564 (AB 564), introduced by Assemblymember Matt Haney (D-San Francisco), seeks to prevent the ...
Glass House Brands Schedules Q1 2025 Earnings Call for May 13
LOS ANGELES- Glass House Brands Inc. a vertically integrated cannabis company focused on the California market, announced it will release its financial results for the first quarter of 2025 on Tuesday, May 13, after market ...
Nebraska Attorney General Challenges Voter-Approved Medical Cannabis Law
LOS ANGELES- Nebraska Attorney General Mike Hilgers continues to contest the implementation of the state's voter-approved medical cannabis law, citing concerns over the legality of the ballot initiatives and the regulatory framework established by the ...
Missouri Evaluates Cannabis Market Health
LOS ANGELES- The state of Missouri has initiated a comprehensive evaluation of its cannabis industry, commissioning a study to assess market health and inform decisions on the potential issuance of additional cannabis facility licenses. In ...
Seth Yatakan Announced as Keynote Speaker for LinkedLive CannabizCon
FOR IMMEDIATE RELEASE May 1, 2025 Cannabis Powerbroker Seth Yakatan to Deliver Keynote Address at Highly Capitalized Network’s Groundbreaking Virtual Business Summit, LinkedIn Live HCN CannabizCon LOS ANGELES, CA – Highly Capitalized Network (HCN) is ...
UK Reports 90% Reduction in Mail-Order Cannabis Imports from Thailand
LOS ANGELES- The United Kingdom has reported a 90% decrease in cannabis shipments arriving by mail from Thailand during the first quarter of 2025. This significant decline follows enhanced cooperation between UK and Thai authorities ...
Cannabis Council of Canada Urges Policy Reforms Following Carney’s Election Victory
LOS ANGELES- The Cannabis Council of Canada has extended congratulations to Prime Minister Mark Carney on his recent election victory, while simultaneously calling for immediate policy reforms to support the nation's legal cannabis industry. ...
Former Metrc Executive Alleges Company Enabled Illegal Cannabis Sales in Whistleblower Suit
LOS ANGELES- A former senior executive at Metrc, the leading cannabis compliance tracking company in the U.S., has filed a federal whistleblower lawsuit accusing the firm of turning a blind eye to unlawful activity, including ...
Beer Gets Burned, Hemp Drinks Heat Up
New insights from Whitney Economics show hemp beverages could win big as tariffs slam the beer industry The team at Whitney Economics just dropped their latest cannabis and hemp market forecast—and it’s a must-read for ...
Cannabis Prices Decline in New York Amid Market Expansion
LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access. Price Reductions Across Product Categories Recent data indicates a ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
Village Farms International Granted 180-Day Extension to Meet NASDAQ
LOS ANGELES- Village Farms International Inc.has received a 180-day extension from The Nasdaq Stock Market LLC to regain compliance with the exchange's minimum bid price requirement. This extension follows the expiration of the initial compliance ...
Bipartisan Legislation Proposes Framework for Federal Cannabis Legalization
LOS ANGELES- In a significant move towards federal cannabis reform, a bipartisan group of U.S. lawmakers has reintroduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment (PREPARE) Act. The legislation aims to establish ...
