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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pelorus Capital Group (“Pelorus” or “the Company”), a leading provider of commercial real estate loans for the cannabis sector, issued the following statement following a favorable ruling in an arbitration granting Pelorus a preliminary injunction against former employee Travis Goad enjoining him and all persons acting in concert with him from committing further breaches of their confidentiality obligations to the Company. The statement also addresses fri...

IRVINE, Calif.--(BUSINESS WIRE)--The special committee (the “Special Committee”) of the Board of Directors (the “Board”) of WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today confirmed that it received a letter, dated June 23, 2025, from Douglas Francis, a founder, Chief Executive Officer and Chairman of the Board, Justin Hartfield, a founder and stockholder of WM Technology, and entiti...

TORONTO--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, is pleased to report the voting results of the annual and special meeting of shareholders held earlier today. Based on the proxies received and the vote conducted at the meeting, all tabled resolutions were approved by the shareholders of the Company, including to set the number of directors at three (3) and the elect...

LOS ANGELES--(BUSINESS WIRE)--Cann, a leading THC-infused beverage, has hired Jeff Chassner as its new VP of Sales. Jeff brings an impressive beverage resume to the team, having previously worked with industry leading brands from MillerCoors and high-growth start-ups like BeatBox. Jeff Chassner will join Cann’s executive leadership team, and be responsible for leading Cann’s retail sales operations across the United States. Jeff is joining Cann at a critical time for the THC beverage industry....

MILL VALLEY, Calif.--(BUSINESS WIRE)--MXXN™ (pronounced “moon”), the trailblazing brand behind the galaxy’s finest non-alcoholic, hemp-derived THC spirits, today announced the release of Barbados Blanco, a vibrant, island-inspired take on Blanco rum. This is MXXN’s first new expression since its founding lineup debuted in 2021. Crafted to capture the essence of Bajan-style rum, Barbados Blanco blends a light, clean profile with lush tropical notes of mango, pineapple, sugarcane, and kaffir lime...

NEW YORK--(BUSINESS WIRE)--Nabis, the world’s leading licensed cannabis wholesale platform, is launching its digital Marketplace in New York. Along with Nabis’ robust fulfillment services, the Marketplace brings the company’s full suite of distribution, financing, and analytics technology to one of the country’s fastest-growing cannabis markets. New York’s cannabis market is rapidly evolving, with adult-use quickly approaching $1.5 billion in cumulative sales since 2022. In May of 2025 alone, t...

DUBLIN--(BUSINESS WIRE)--The "Cannabis Cultivation Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" has been added to ResearchAndMarkets.com's offering. The global cannabis cultivation market is projected to grow significantly, reaching a valuation of USD 651.8 billion by 2034 from USD 180.7 billion in 2025, advancing at a CAGR of 15.3%. Growth is spearheaded by the worldwide legalization of medical and...

SACRAMENTO, Calif.--(BUSINESS WIRE)--SURFER Magazine, cannabis cultivator Humboldt Family Farms, and retailer embarc have partnered to launch the first cannabis and surf collaboration of its kind, connecting two iconic pieces of California culture with a limited-release product drop. The campaign marks the first time in its 65-year history that SURFER Magazine has featured cannabis advertising. The legacy publication, long regarded as the leading voice of surfing, is showcasing California’s sun...

AUSTIN, Texas & EINDHOVEN, Netherlands--(BUSINESS WIRE)--Fluence announced SPYDR 3, the latest generation of the cannabis industry’s pioneering fixture....

PHOENIX--(BUSINESS WIRE)--High Times Magazine Is Back: The Counterculture’s Zeitgeist Returns in Bold Comeback...