M4MM
Washington State Regulators Plan to Label Cannabis with Harvest & Processing Dates
OLYMPIA – State regulators in Washington are advancing a proposal to reinstate harvest and processing dates on labels for recreational Cannabis products, a requirement that could equip buyers with clearer indicators of freshness amid concerns ...
FinCEN Reveals Steady Banking Access for Cannabis Businesses Despite Persistent Federal Barriers
WASHINGTON – A recent report from the Financial Crimes Enforcement Network shows that 816 banks and 182 credit unions filed suspicious activity reports (SARs) related to Cannabis businesses through the end of 2024, signaling stable ...
Texas Regulators Set Age Limit on Hemp-Derived THC Sales
AUSTIN – The Texas Alcoholic Beverage Commission (TABC) voted unanimously on Tuesday to bar liquor-license holders from selling hemp-derived THC products to customers under 21, marking the state's initial response to Governor Greg Abbott's call ...
Organigram Reports Q3 FY2025 Financial Results
TORONTO – Organigram Global Inc. announced record financial results for its third quarter of fiscal 2025, ending June 30, 2025. The company achieved significant growth in revenue and adjusted EBITDA, driven by strategic acquisitions and ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Washington State Regulators Plan to Label Cannabis with Harvest & Processing Dates
OLYMPIA – State regulators in Washington are advancing a proposal to reinstate harvest and processing dates on labels for recreational Cannabis products, a requirement that could equip buyers with clearer indicators of freshness amid concerns ...
FinCEN Reveals Steady Banking Access for Cannabis Businesses Despite Persistent Federal Barriers
WASHINGTON – A recent report from the Financial Crimes Enforcement Network shows that 816 banks and 182 credit unions filed suspicious activity reports (SARs) related to Cannabis businesses through the end of 2024, signaling stable ...
Texas Regulators Set Age Limit on Hemp-Derived THC Sales
AUSTIN – The Texas Alcoholic Beverage Commission (TABC) voted unanimously on Tuesday to bar liquor-license holders from selling hemp-derived THC products to customers under 21, marking the state's initial response to Governor Greg Abbott's call ...
DEA Proposal to Reclassify Cannabis Generates Strong Public Response
LOS ANGELES- Following the submission of a proposal by the Drug Enforcement Administration (DEA) on May 21, a 60-day public comment period was initiated, set to conclude on July 22. In the first 15 days, ...
Beckley Psytech Launches Study on Neurophysiological Effects of Synthetic 5-MeO-DMT
LOS ANGELES- Beckley Psytech, a private psychedelics medicine company, announced on Monday the commencement of a new research study investigating the neurophysiological effects of BPL-003, its novel synthetic intranasal formulation of 5-MeO-DMT, on the human ...
CannMed24 Event Review: 12 Things You Missed at CannMed 24
NEW YORK-CannMed 24 has set a new benchmark in the cannabis industry, offering unparalleled insights, networking opportunities, and a unique experience. Here are a dozen highlights certain to stir up a whole bunch of FOMO ...
Filament Health Receives Authorization for Phase 2 Clinical Trial of Psilocybin for MAUD Treatment
LOS ANGELES- Filament Health, a psychedelic drug development company, has received authorization from Health Canada and the United States Food and Drug Administration (FDA) to conduct a Phase 2 clinical trial of its botanical psilocybin ...
Japan to Accept Public Comments on Cannabis Reform Bill
WORLD- The Japanese government announced on May 30 that it will begin accepting public comments on its cannabis reform bill, which includes potential measures to loosen restrictions on processing CBD in food products. This move ...
Few Pardons Issued for Cannabis Crimes in Canada Since 2019 Reforms
LOS ANGELES- Despite the federal government’s estimate that 10,000 Canadians would be eligible for conviction relief following the legalization of cannabis in 2018, only 845 pardons have been granted since 2019. Data from the Parole ...
South Africa Legalizes Cannabis for Personal Use
LOS ANGELES- South Africa has become the first country in Africa to legalize cannabis for personal use. The Cannabis for Private Purposes Act was signed into law by President Cyril Ramaphosa on May 28, just ...
Red Light Holland Completes Initial Phase of Psilocybin Extraction
LOS ANGELES- Red Light Holland Corp. a company specializing in the production and sale of functional mushrooms and psilocybin truffles, announced the successful completion of the first phase of psilocybin extraction. This milestone was achieved ...
Optimi Health to Export MDMA and Psilocybin Capsules to Australia
LOS ANGELES- a Health Canada licensed GMP psychedelics pharmaceutical manufacturer, announced it has received an import permit from Mind Medicine Australia (MMA) to supply its GMP MDMA and psilocybin capsules to approved psychiatrists under Australia’s ...
DeSantis Expected to Veto Hemp Bill Limiting THC Levels
LOS ANGELES- Florida Governor Ron DeSantis is anticipated to veto Senate Bill 1698, which aims to restrict the sale of hemp-derived products containing delta-8 THC, delta-9 THC, and delta-10 THC. The bill has faced significant ...
FDA Advisory Panel to Review MDMA for PTSD Treatment
LOS ANGELES- Earlier today, staff from the U.S. Food and Drug Administration (FDA) expressed concerns regarding the interpretation of data from trials on the psychedelic drug MDMA for treating post-traumatic stress disorder (PTSD). These concerns ...
10th Annual CWCBExpo Returns to New York, June 5 & 6 with Expanded Show Experiences, Education, and Networking Opportunities
NEW YORK—The leading East Coast cannabis conference and trade show, CWCBExpo, returns to the Javits Convention Center, June 5-6, 2024 with immersive exhibit floor experiences, top education as well as plenty of business building opportunities ...
Cansortium and RIV Capital to Merge, Expanding Cannabis Footprint Across Four States
LOS ANGELES- Cansortium, a Florida-based vertically integrated cannabis operator, is set to merge with RIV Capital, operator of the Etain Health cannabis brand in New York. Under the merger terms, Cansortium will acquire all issued ...
Missouri Allocates $19 Million in Cannabis Tax Revenue to Veterans, Treatment Programs, and Public Defense
LOS ANGELES- Missouri's cannabis tax revenue has generated over $19 million, which has been allocated to support military veterans, expand substance use treatment programs, and fund the state's Public Defenders System, according to the Missouri ...
Numinus Wellness Inc. Selected for Cybin’s Phase 3 Trial on Depression Treatment
NEW YORK- Numinus Wellness Inc. announced that its research site, Cedar Clinical Research (CCR), has been chosen for Cybin's Phase 3 clinical trial of CYB003, aimed at treating Major Depressive Disorder (MDD). This selection highlights ...
