M4MM
Vireo Growth Reports Q1 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. released its first-quarter 2026 financial results, highlighting the early effects of an active acquisition strategy that has broadened its operations across several key Cannabis markets. The company, which operates a ...
Village Farms Reports Q1 2026 Financial Results
VANCOUVER – Village Farms International Inc., known for its large-scale greenhouse operations, reported gains in revenue and profitability driven largely by exports. Consolidated net sales climbed 27% year-over-year to $50.2 million, with net income attributable ...
Israeli Cannabis Breakthrough Opens New Hope for Fatty Liver Disease
NEW YORK- A new study out of Israel has put Cannabis back into one of the most important conversations in modern medicine: metabolic disease. Researchers at the Hebrew University of Jerusalem have reported that two ...
Minnesota OCM Opens New Window for Hemp Edible Licenses
ST. PAUL – The Minnesota Office of Cannabis Management (OCM) began accepting applications again on April 1 for three types of lower-potency hemp edible (LPHE) business licenses: retailer, manufacturer and wholesaler. OCM Executive Director Eric ...
Stündenglass Partners with Be$os for Culture-Driven Collaboration
LOS ANGELES – Stündenglass, known for its gravity-powered infusion technology, has joined forces with Be$os, a Latino-rooted Cannabis lifestyle brand, centered on shared cultural values and heritage. The alliance pairs Be$os’ focus on Latino identity ...
Global Cannabis Packaging Market Size to Reach $12.8B by 2035, FMI Forecasts
LOS ANGELES – As legalization advances worldwide, Cannabis packaging has become a strategic priority. From rigid, child-resistant designs leading in North America to compliant, sustainable solutions gaining traction in Europe, Asia, and Latin America, this ...
BLAZE Launches Herbie AI Budtender for Cannabis E-Commerce
ANAHEIM – BLAZE, an AI-powered retail technology suite specifically designed for Cannabis dispensaries, delivery services, payments, and e-commerce has introduced Herbie AI Budtender – the virtual assistant providing personalized product guidance to customers shopping online. ...
Vireo Growth Reports Q1 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. released its first-quarter 2026 financial results, highlighting the early effects of an active acquisition strategy that has broadened its operations across several key Cannabis markets. The company, which operates a ...
Village Farms Reports Q1 2026 Financial Results
VANCOUVER – Village Farms International Inc., known for its large-scale greenhouse operations, reported gains in revenue and profitability driven largely by exports. Consolidated net sales climbed 27% year-over-year to $50.2 million, with net income attributable ...
Israeli Cannabis Breakthrough Opens New Hope for Fatty Liver Disease
NEW YORK- A new study out of Israel has put Cannabis back into one of the most important conversations in modern medicine: metabolic disease. Researchers at the Hebrew University of Jerusalem have reported that two ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
States Propose Cannabis Tax Hikes Amid Industry Pushback
LOS ANGELES- In Michigan, Governor Gretchen Whitmer's recent $3 billion infrastructure plan includes a proposal to close a cannabis tax loophole, potentially generating an additional $470 million for road repairs. This move has alarmed local ...
British American Tobacco Invests $86.8 Million in Organigram
LOS ANGELES- British American Tobacco (BAT), one of the world's largest tobacco companies, has finalized a strategic investment of approximately $86.8 million (C$124.6 million) in Organigram Holdings Inc., a prominent Canadian cannabis producer. This investment, ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
