M4MM
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could ...
CMI Projects Double-Digit Expansion for Cannabis Testing Market
LOS ANGELES – A recent analysis from Custom Market Insights (CMI) forecasts the global Cannabis testing market to climb from $2.13 billion in 2025 to $11.15 billion by 2034, powered by a CAGR of 18%. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated ...
Curaleaf Secures $100M Revolving Credit Facility
STAMFORD – Curaleaf Holdings Inc. closed an expanded revolving credit agreement with Needham Bank, increasing its borrowing limit to $100 million from $40 million and extending the term to as long as five years. The ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could ...
CMI Projects Double-Digit Expansion for Cannabis Testing Market
LOS ANGELES – A recent analysis from Custom Market Insights (CMI) forecasts the global Cannabis testing market to climb from $2.13 billion in 2025 to $11.15 billion by 2034, powered by a CAGR of 18%. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated ...
Brazil’s Supreme Court Decriminalizes Cannabis Possession for Personal Use
LOS ANGELES- Brazil's Supreme Court has voted to decriminalize the possession of cannabis for personal use, marking a significant change in the country's drug policy. This decision, reached after deliberations that began in 2015, reflects ...
Organigram Invests €14 Million in German Cannabis Firm Sanity Group
LOS ANGELES- Organigram Holdings Inc. has invested €14 million (~C$21 million) in Sanity Group, a German cannabis company. The investment comprises an €11.5 million unsecured convertible note and a €2.5 million equity stake, positioning Organigram ...
Ohio Approves First Provisional Dual Licenses, Paving the Way for Dispensary Rollout
COLUMBUS, Ohio — As Ohio inches closer to opening its doors to recreational cannabis sales, the state has taken a significant step forward by issuing the first provisional dual licenses to medical marijuana dispensaries. This ...
U.S. Cannabis Reforms Lead to 2.5 Million Pardons or Expungements
LOS ANGELES- Recent cannabis policy reforms in the United States have resulted in approximately 2.5 million pardons or expungements for cannabis-related convictions, according to a tally by the National Organization for the Reform of Marijuana ...
Arizona Governor Signs Bill Allowing MDMA Therapy for First Responders with PTSD
LOS ANGELES- Arizona Governor Katie Hobbs has signed a bill into law that enables firefighters and peace officers with post-traumatic stress disorder (PTSD) to receive workers' compensation coverage for MDMA therapy, contingent upon federal legalization. ...
Dutch Government Extends Cannabis Regulation Trial to Eight Additional Cities
LOS ANGELES- The Dutch government's ongoing trial to regulate the adult-use cannabis industry has been expanded to include eight more cities, bringing the total number involved to ten. Initially launched in Breda and Tilburg in ...
The True Cost of Cheap Nutrients: Why Premium Products Matter in Cannabis Cultivation
LOS ANGELES — In the competitive world of cannabis cultivation, maximizing yield per plant is paramount. However, the choice of nutrients remains a divisive issue, with many growers opting for cheaper options, mistakenly believing they ...
Ohio Approves Initial Dispensary Applications for Recreational Cannabis Market
LOS ANGELES- The Ohio Division of Cannabis Control (DCC) has approved applications for 20 dispensaries, marking the initial step toward commencing recreational cannabis sales in the state. The DCC has received a total of 235 ...
Brazilian Supreme Court Votes to Decriminalize Cannabis Possession
SAO PAOLO- In a landmark decision, Brazil's Supreme Federal Court (STF) has voted to decriminalize the possession of cannabis for personal use, marking a significant departure in the country's approach to drug policy. The ruling, ...
North Carolina Senate Advances Medical Cannabis Legislation
LOS ANGELES- For the second consecutive year, the North Carolina Senate has approved language to legalize medical cannabis, the Associated Press reports. Despite the Senate's approval, the bill's future in the House remains uncertain, as ...
MindBio Therapeutics Releases Positive Results from Phase 2A LSD Microdose Trial
LOS ANGELES- Canadian psychedelics firm MindBio Therapeutics Corp. on Friday released durability results from its Phase 2A trial for its patented take-home microdose version of lysergic acid diethylamide (LSD), designed to treat depression with "sub-hallucinogenic" ...
Verano Holdings Corp. Announces $50 Million Share Repurchase Program
LOS ANGELES- Verano Holdings Corp., a player in the U.S. cannabis industry, has announced its first-ever share repurchase program, committing up to $50 million to buy back its publicly traded Class A subordinate voting shares. ...
Advanced Nutrients Propels Flower of Life Michigan to Market Leadership
LOS ANGELES – In a market hit hard by falling cannabis prices, Flower of Life Michigan faced a potential business collapse. Brothers Devin and Donovan Murphy, the driving forces behind the company, turned a crisis ...
Announcing: NEW Show on Highly Capitalized: “Inside Cannabis with Daniela Williams”
LOS ANGELES — Highly Capitalized Network is excited to announce the launch of a new online news show, “Inside Cannabis with Daniela Williams,” set to air fortnightly on Highly Capitalized Network. This show will delve ...
Aurora Cannabis Reports Q4 2024 Financial Results
LOS ANGELES- Aurora Cannabis Inc. a Canada-based medical-focused cannabis company, has announced its financial results for the fourth quarter of fiscal 2024. The company reported revenue of $55.9 million, marking a 5% increase from $53.2 ...
