M4MM
Cannabis-Infused Products Market to Reach $41B Billion in 2026, Research and Markets Reports
LOS ANGELES – Research and Markets has published its latest report on the Cannabis-infused products sector, forecasting the global market to grow from $33.62 billion in 2025 to $41.44 billion this year, a compound annual ...
Curaleaf Completes $500M Debt Refinancing, Extends Maturity to 2029
STAMFORD – Curaleaf Holdings Inc. has finalized a $500 million private placement of 11.5% senior secured notes maturing on February 18, 2029. The company announced the closing, marking what it describes as the largest bond ...
Virginia Medical Cannabis Generated Over $15M in January
RICHMOND – Virginia's medical Cannabis market reaped $15.1 million in sales during January, according to a report published by the Virginia Cannabis Control Authority. The figure, drawn from 126,706 transactions across the state's licensed pharmaceutical ...
Resurrected Ancient Cannabis Enzymes Pave the Way for Efficient Cannabinoid Production
LOS ANGELES – A team of biologists has brought back to life enzymes from Cannabis plants that roamed Earth millions of years ago, uncovering a blueprint for producing medicinal compounds more effectively than today's methods ...
Ten Million U.S. Adults Microdosed Psychedelics Last Year, RAND Survey Finds
LOS ANGELES – A new survey from the RAND Corporation reveals that roughly 10 million adult Americans turned to microdosing psychedelics last year, taking sub-perceptual amounts of substances like psilocybin, LSD or MDMA to manage ...
Grenada Decriminalizes Cannabis
ST. GEORGE'S – Grenada's Parliament approved amendments to the nation's drug laws, decriminalizing personal possession of Cannabis for adults while imposing strict limits on use and distribution. The move, part of a broader effort to ...
Curaleaf Debuts in Maine’s Recreational Market
BANGOR – Curaleaf Holdings Inc. launched its recreational customer sales at a newly opened dispensary, marking the company's first step into Maine's adult-use sector after years of serving only medical patients. The store sits next ...
Cannabis-Infused Products Market to Reach $41B Billion in 2026, Research and Markets Reports
LOS ANGELES – Research and Markets has published its latest report on the Cannabis-infused products sector, forecasting the global market to grow from $33.62 billion in 2025 to $41.44 billion this year, a compound annual ...
Curaleaf Completes $500M Debt Refinancing, Extends Maturity to 2029
STAMFORD – Curaleaf Holdings Inc. has finalized a $500 million private placement of 11.5% senior secured notes maturing on February 18, 2029. The company announced the closing, marking what it describes as the largest bond ...
Virginia Medical Cannabis Generated Over $15M in January
RICHMOND – Virginia's medical Cannabis market reaped $15.1 million in sales during January, according to a report published by the Virginia Cannabis Control Authority. The figure, drawn from 126,706 transactions across the state's licensed pharmaceutical ...
Awakn Life Sciences Advances Therapeutics for Substance Use and Mental Health Disorders
LOS ANGELES- Awakn Life Sciences Corp. a biotechnology company, has reported progress in its research and development programs targeting Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD). AWKN-001: This investigational therapy combines intravenous ketamine ...
Cannabis Brands Leverage for Marketing Amid Advertising Restrictions
LOS ANGELES- The Super Bowl presents a significant opportunity for cannabis businesses to enhance brand and product awareness, despite existing advertising limitations. While traditional advertising channels during the Super Bowl remain inaccessible to cannabis companies ...
Aurora Cannabis Reports Record-Breaking Q3 2025 Financial Results
LOS ANGELES- Aurora Cannabis Inc. announced its fiscal third-quarter 2025 results, highlighting significant growth in revenue and profitability. Financial Highlights: Net Revenue: The company reported net revenue of C$88.2 million for the quarter ending December ...
Enveric Biosciences Executes Reverse Stock Split and Announces Patent Milestone
LOS ANGELES- Enveric Biosciences, Inc. recently implemented a 1-for-15 reverse stock split, effective January 29, 2025, to comply with Nasdaq's minimum bid price requirement. Following the split, the company conducted a public offering, raising $5 ...
Kentucky Issues Initial Medical Cannabis Patient Identification Cards
LOS ANGELES- Kentucky commenced the distribution of its first medical cannabis patient identification cards. Governor Andy Beshear awarded the inaugural cards to Dr. Ryan Grell, an anesthesiologist and owner of the Kentucky Medical Marijuana Center, ...
Paraguay Considers Legalizing Recreational Cannabis
LOS ANGELES- Paraguay is evaluating the legalization of recreational cannabis, with the Senate scheduled to vote on a proposal in March 2025. The initiative aims to permit the sale of cannabis in regulated dispensaries, under ...
Prospects of Executive Action on Cannabis Under the Trump Administration
LOS ANGELES- As of early February 2025, there is no indication that President Donald Trump plans to sign an executive order directly impacting the cannabis industry. While President Trump has previously expressed support for reclassifying ...
Frontier Risk Group Secures $3 Million in Seed+ Funding
LOS ANGELES- Frontier Risk Group, a company specializing in insurance solutions for the cannabis industry, has announced the successful completion of a $3 million Seed+ funding round. This round was led by Casa Verde, a ...
Nanotechnology-Enhanced CBD Demonstrates Neuroprotective Effects in Retinal Study
LOS ANGELES- A study published in the European Journal of Pharmacology investigated the neuroprotective properties of cannabidiol (CBD) delivered via nanotechnology in an animal model of retinal excitotoxicity. Researchers from the University of Catania, University ...
Texas Lieutenant Governor Prioritizes THC Ban in 2025 Legislative Agenda
LOS ANGELES- Lieutenant Governor Dan Patrick has designated the prohibition of all consumable tetrahydrocannabinol (THC) products as a primary objective for Texas' 2025 legislative session. Senate Bill 3, introduced on January 29, 2025, aims to ...
Maine Proposes Mandatory Testing for Medical Cannabis
LOS ANGELES- A new bill introduced in the Maine Legislature seeks to implement mandatory testing for medical cannabis products, aligning them with the state's existing standards for recreational cannabis. Sponsored by Representative Marc Malon and ...
What You Need to Know About Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
A Celebration of Cannabis Culture and Commerce: Hall of Flowers Returns to Ventura
LOS ANGELES-Hall of Flowers, one of America’s premier cannabis trade shows, founded in 2018, is poised to make a grand return to the Ventura County Fairgrounds on March 19-20, 2025. This event has become a ...
What You Need to Know About Capital Investment Strategies
LOS ANGELES—Every CFO needs to know that strategic capital investment in the cannabis and psychedelic industries requires a nuanced approach that balances innovation, risk management, and potential. As the market continues to transform and unfold, ...
Indiana House Blocks Cannabis Reclassification
LOS ANGELES- On January 27, 2025, the Indiana House of Representatives voted down an amendment to House Bill 1056 that sought to remove cannabis from the state's list of Schedule I controlled substances. The amendment, ...
