M4MM
Safe Harbor and Opifex Media Set Terms for a Shared Nasdaq Future
DENVER — SHF Holdings, Inc., which operates as Safe Harbor Financial, has signed a non-binding term sheet with Opifex Media Inc. to combine the two companies under one publicly traded parent. Opifex, a Beverly Hills-based ...
New Mexico Pushes to Open Medical Psilocybin Program
SANTA FE – When Governor Michelle Lujan Grisham signed Senate Bill 219 into law in April 2025, New Mexico became the third U.S. state to authorize medical psilocybin, with a statutory deadline of December 31, ...
DEA Judge Admits GAO Report, Rejects Prohibitionists’ Attempt to Reopen Cannabis Rescheduling Hearings
WASHINGTON – Chief Administrative Law Judge Derek Julius admitted a Government Accountability Office report into the DEA's marijuana rescheduling record and turned down the other requests opponents had filed to slow the case. Opponents had ...
North Carolina Voters Overwhelmingly Support Cannabis Legalization
RALEIGH – A SurveyUSA poll found that nearly three-quarters of North Carolina adults support legalizing medical Cannabis, while a clear majority backs adult-use reform as well. The survey covered 900 registered voters with a credibility ...
The Emerging ”Export Bridge” Between Canadian Cannabis and European Medicine
LOS ANGELES- Canada has no shortage of cannabis. Europe has no shortage of demand. The difficult part is connecting the two through a pharmaceutical supply chain that can satisfy regulators, protect product quality and deliver ...
Rubicon Secures Strategic Capital to Upgrade Pacifica Facility
VANCOUVER – Rubicon Organics Inc. has closed a non-brokered strategic private placement with Siwash Rock Investments, Inc. Under the terms of the transaction, Siwash Rock Investments acquired 6,666,667 common shares at $0.45 per share, yielding ...
Curaleaf Accuses Aurora of Locking Out Its Highest Bidder
STAMFORD – Curaleaf Holdings Inc. came out swinging Monday morning, publicly challenging Aurora Cannabis's latest recommendation that shareholders REJECT its enhanced takeover proposal. In a statement, outlined in the official press release, Curaleaf Chairman and ...
Safe Harbor and Opifex Media Set Terms for a Shared Nasdaq Future
DENVER — SHF Holdings, Inc., which operates as Safe Harbor Financial, has signed a non-binding term sheet with Opifex Media Inc. to combine the two companies under one publicly traded parent. Opifex, a Beverly Hills-based ...
New Mexico Pushes to Open Medical Psilocybin Program
SANTA FE – When Governor Michelle Lujan Grisham signed Senate Bill 219 into law in April 2025, New Mexico became the third U.S. state to authorize medical psilocybin, with a statutory deadline of December 31, ...
DEA Judge Admits GAO Report, Rejects Prohibitionists’ Attempt to Reopen Cannabis Rescheduling Hearings
WASHINGTON – Chief Administrative Law Judge Derek Julius admitted a Government Accountability Office report into the DEA's marijuana rescheduling record and turned down the other requests opponents had filed to slow the case. Opponents had ...
Cannaflex Opens European Export Route
RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...
Opus Consulting Appointed Receiver for PharmaCann Maryland Assets
BALTIMORE – Business advisory firm Opus Consulting, acting through President Jacques Santucci, has been appointed court receiver for the Maryland assets of PharmaCann, initiating a court-approved structured bidding process to sell the company’s state-issued licenses ...
Grown Rogue Launches Cultivation Ops in Minnesota
MEDFORD – Grown Rogue International Inc. officially began cultivation operations at its Fridley, Minnesota facility, nine months after first securing the location in December 2025. Phase I puts roughly 8,000 sq. feet of flowering canopy ...
NEWS: Psilocybin Could Help Prevent Debilitating Nerve Damage Caused by Chemotherapy
AUSTIN – A new study from The University of Texas MD Anderson Cancer Center suggests that psilocybin, the psychedelic compound found in certain mushrooms, could eventually help prevent one of chemotherapy’s most painful and persistent side ...
Elixinol Offloads Its US Hemp Business to Ananda Health
SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...
ARPA-H Launches ASCENT-IBO Initiative for Ibogaine Clinical Research
WASHINGTON – The Advanced Research Projects Agency for Health (ARPA-H) has launched a federal research opportunity aimed at accelerating clinical evaluations of ibogaine for Opioid Use Disorder (OUD). Titled ASCENT-IBO, short for Accelerating Safe Clinical ...
cbdMD Moves to Acquire Twinlab
CHARLOTTE – cbdMD, Inc. entered into a definitive asset purchase agreement to acquire the operating assets and brands of Twinlab, including Twinlab, Reserveage, Metabolife and Alvita Tea. The transaction is structured through an assignment for ...
Trump Signs Hemp THC Ban Delay
WASHINGTON – President Donald Trump signed H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, pushing back sweeping federal restrictions on hemp-derived THC products from November 12 to December 11, 2026. Embedded in a must-pass ...
Aurora vs Curaleaf: M&A Clash Reaches Shareholder Decision Point
EDMONTON - STAMFORD – Aurora Cannabis Inc. filed its Directors' Circular, unanimously urging shareholders to REJECT the unsolicited takeover bid from Curaleaf Holdings Inc., calling the offer inadequate and warning it puts long-term shareholder value ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Some weeks move the needle. The past fortnight moved the whole dial. A Phase 3 breakthrough, a nine-figure pharma bet, a federal price tag on legalization, hemp THC ban delay, and a ...
ATB Cormark Conference: Cannabis Operators Focus on Debt and Cash Flow
NEW YORK – Senior executives from major MSOs, including Green Thumb Industries, Trulieve Cannabis, Verano Holdings, Curaleaf and Vireo Growth are scheduled to hold private meetings with institutional fund managers in Manhattan next week at ...
Cresco Labs Closes Pennsylvania Dispensary Deal
CHICAGO – Cresco Labs Inc. announced the closing of its acquisition of 100% of the outstanding equity interests in PharmaCann Penn, LLC for an aggregate consideration of $50 million. The deal covers nine operational retail ...
Grön Scatters Pearls Over Four States at Once
PORTLAND – Grön officially announced that its flagship Pearls line is now available in California, Colorado, Michigan, and Nevada – the company's largest simultaneous multi-state rollout to date. The expansion places Grön inside some of ...
Headset Settles Federal PPP Loan Claims
SEATTLE – Headset Inc. agreed to pay more than $1 million to settle claims that it improperly received a Small Business Administration Paycheck Protection Program loan in February 2021, according to an announcement from First ...
Oregon Consolidates Psilocybin and Medical Cannabis Under One Regulator
PORTLAND – The Oregon Health Authority (OHA) officially completes its administrative consolidation of Oregon Psilocybin Services (OPS) and the Oregon Medical Marijuana Program (OMMP), giving rise to a unified oversight body formally called the Oregon ...
