Case Studies
Planet 13 Reports Q1 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. released its first-quarter ...
Global Cannabis Packaging Market Size to Reach $12.8B by 2035, FMI Forecasts
LOS ANGELES – As legalization advances worldwide, Cannabis packaging has ...
BLAZE Launches Herbie AI Budtender for Cannabis E-Commerce
ANAHEIM – BLAZE, an AI-powered retail technology suite specifically designed ...
As November Looms, the Intoxicating Hemp Industry Carries On — Calmly, Confidently, and Perhaps Optimistically
NEW YORK - Across the United States, the intoxicating hemp sector is behaving as though November 2026 is just another month on the calendar — not a potential regulatory cliff. That’s when new federal restrictions, ...
OPINION: The Cannabis Industry That Left Black America Behind
LOS ANGELES- America’s legal Cannabis industry loves to tell a redemption story: a plant once criminalized is now regulated, normalized, and generating billions in tax revenue. But redemption for whom? Black History Month shouldn’t just ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors remain in a state of flux, balancing regulatory progress, market milestones, and corporate maneuvers with persistent challenges. Mature markets posted impressive revenue numbers, major operators strengthened their ...
Texas Awards $50M Grant to Spearhead Ibogaine Trials
AUSTIN – The Texas Health and Human Services Commission has granted $50 million to a statewide consortium led by UTHealth Houston and the University of Texas Medical Branch at Galveston, marking the formal launch of ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
Michigan Senate Tightens Controls on Intoxicating Hemp Derivatives
LANSING – In a bipartisan push to close regulatory gaps, the Michigan Senate approved a package of bills that would classify most high-potency hemp-derived THC items as Cannabis, folding them into the state's established Cannabis ...
Trulieve Secures $140M in Senior Notes
TALLAHASSEE – Trulieve Cannabis Corp. wrapped up a $140 million private placement of 10.5% senior secured notes, tapping into robust investor appetite to fuel its operational push. The deal, upsized from initial plans, comes just ...
As November Looms, the Intoxicating Hemp Industry Carries On — Calmly, Confidently, and Perhaps Optimistically
NEW YORK - Across the United States, the intoxicating hemp sector is behaving as though November 2026 is just another month on the calendar — not a potential regulatory cliff. That’s when new federal restrictions, ...
OPINION: The Cannabis Industry That Left Black America Behind
LOS ANGELES- America’s legal Cannabis industry loves to tell a redemption story: a plant once criminalized is now regulated, normalized, and generating billions in tax revenue. But redemption for whom? Black History Month shouldn’t just ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors remain in a state of flux, balancing regulatory progress, market milestones, and corporate maneuvers with persistent challenges. Mature markets posted impressive revenue numbers, major operators strengthened their ...
Enveric Biosciences Attains Landmark US Patent for Psilocybin-Derived Mental Health Treatments
LOS ANGELES- In a significant stride towards revolutionizing treatments for mental health disorders, Enveric Biosciences disclosed that it has secured a pivotal patent from the United States Patent and Trademark Office. Granted on September 12, ...
A Glance at Denmark’s Cannabis Destruction Data: Implications for the Medical Pilot Program
COPENHAGEN- Reporting from MJBizDaily shows tat Denmark destroyed 100 tonnes of cannabis, the article went on to describe how Denmark has a cannabis industry, recent data released by the Danish Parliament’s Health Committee has brought ...
Rapid Therapeutic Science Laboratories Faces SEC Lawsuit Over Alleged Fraudulent Activities
LOS ANGELES- In a significant development in the business world, the U.S. Securities and Exchange Commission (SEC) has brought charges against Texas-based Rapid Therapeutic Science Laboratories Inc. and its founder, Donal Schmidt Jr., accusing them ...
Bipartisan Efforts Surge to Reform Federal Cannabis Regulations and Enhance Industry Safety
LOS ANGELES-- In a significant bipartisan move, the House of Representatives Oversight and Accountability Committee advanced the Cannabis Users’ Restoration of Eligibility (CURE) Act, a pivotal piece of legislation seeking to modify federal employment guidelines ...
FARRIS FORWARD: Surviving a Down Market: 7 Tips for Cannabis Operators
FARRIS FORWARD: Welcome to Farris Forward, a new series of articles curated by Jon Farris and distributed by Highly Capitalized. The series highlights the insights and strategies being deployed by industry insiders and experts, offering ...
California Moves to Broaden Cannabis Consumer Rights with New Bills
LOS ANGELES- California lawmakers are moving forward with legislation aimed at enhancing the rights of cannabis consumers. Two significant bills have advanced to Governor Gavin Newsom's desk, which could potentially alter the current state of ...
SEC Files Lawsuit Against Rapid Therapeutic Science Laboratories Alleging Fraudulent Operations
LOS ANGELES- The U.S. Securities and Exchange Commission (SEC) has formally accused Texas-based company, Rapid Therapeutic Science Laboratories, and its founder, Donal Schmidt Jr., of engaging in a multi-faceted securities fraud and violations amounting to ...
NewLake Capital Partners Advances Revenue Strategy Amid Nascent U.S. Cannabis Sector
LOS ANGELES- The U.S. cannabis industry, which is in its nascent stages of development, has been shadowed by a perception of elusive profitability, regarded by investors as a distant goal rather than a current reality. ...
Clearmind Medicine Inc. Navigates Choppy Financial Waters, Raising $2.25M in U.S. Public Offering
LOS ANGELES- In a critical move to stabilize its financial position, psychedelic pharmaceutical biotech firm Clearmind Medicine Inc. has successfully completed a public offering exclusive to the United States, amassing approximately $2.25 million in funds. ...
Oklahoma Supreme Court Sidesteps Lawsuit on Escalated Cannabis Business Licensing Fees
OKLAHOMA CITY- In a significant development, the Oklahoma Supreme Court has decided not to hear a lawsuit challenging the hike in medical cannabis business fees, maintaining that the fees instituted by the Oklahoma Medical Marijuana ...
Cannabis Stocks Surge Amidst Favorable Regulatory Signals
NEW YORK, NY–In recent days, cannabis stocks have been on an upward trajectory, buoyed by positive regulatory developments. This rally has sparked optimism among investors, particularly in the Canadian Licensed Producers (LPs) and U.S. Multistate ...
Canopy Growth Foresees Strengthened Financial Position with $50 Million Private Placement
LOS ANGELES– In a significant move underscoring its commitment to fortifying its financial foothold, Canopy Growth Corporation, a player in the North American cannabis and consumer packaged goods sector, announced on Monday its entry into ...
COMPASS Pathways Secures $285 Million in Funding to Propel Psychedelic Research for Mental Health
LOS ANGELES- COMPASS Pathways, a biotechnology company at the forefront of mental health innovation, recently secured $285 million in private financing to further its research into the potential benefits of psychedelic medicines. The infusion of ...
Columbia Care Advances Financial Strategy with $25 Million Private Placement
NEW YORK - Columbia Care Inc., a cultivator, manufacturer, and retailer of cannabis products in the U.S, has embarked on the next stage of its strategy to enhance its balance sheet, commencing with a private ...
Curaleaf Employees in Phoenix Stage Strike Demanding Fair Contract Negotiations
PHOENIX- Employees at a Curaleaf Holdings Inc. dispensary in Phoenix took a bold step last Friday, initiating a strike aimed at pushing the company's executives to actively engage in contract negotiations. This marks a historic ...
Chicago City Council Ponders Restrictions on Sale of Hemp-Derived THC Products
CHICAGO CITY- In a bid to address what is being termed as "a public health crisis" related to the unregulated sale of hemp-derived products containing THC variants like delta-8, delta-10, and THC-O, the Chicago City ...
Florida’s Cannabis Industry Flourishes Amid Market Fluctuations and Prospective Mergers
LOS ANGELES-- Florida's burgeoning medical cannabis industry, already valued at over $1.4 billion, is witnessing a period of robust growth, driven not only by an increasing number of patient registrations but also by an expansion ...
Oklahoma’s New Tiered Fee Structure for Cannabis Operators Faces Legal Challenge
OKLAHOMA CITY- In the unfolding legal landscape surrounding the medical cannabis industry in Oklahoma, the state Supreme Court has recently opted not to hear a challenge to a new law that significantly alters the fee ...
New Horizon in Federal Drug Policy: Anticipated Rescheduling of Cannabis May Herald Transformative Changes
LOS ANGELES --In a move signaling potential transformative shifts in federal drug policy, the Department of Health and Human Services (HHS) has urged the Drug Enforcement Administration (DEA) to revisit the categorization of cannabis under ...
Senate Bill 58 Holds the Potential to Usher in a New Era of Psychedelic Medicine and Policy Reform
LOS ANGELES-- In a historic maneuver that might change the trajectory of mental health treatment and drug policy in the Golden State, California inches closer to embracing the potential therapeutic benefits of psychedelics. Spearheaded by ...
Revitalization of Cannabis Industry through Amsterdam-Style Social Cafes
LOS ANGELES- In an effort to revitalize the state's cannabis industry and bolster tourism in dormant urban areas, California assemblymember Matt Haney (D-San Francisco) has introduced legislation that may potentially reshape the existing cannabis marketplace. ...
New York to Jumpstart Cannabis Industry with New Licensing Regulations Starting October 4
NEW YORK- In a move to revitalize the cannabis industry in New York, the state has announced plans to commence the acceptance of cannabis industry applications from the general public and current medical cannabis companies ...
Virginia’s New THC Limits on Hemp Products Face Federal Lawsuit Amid Concerns of Industry Setback
LOS ANGELES-- In a recent development that underscores the ongoing debates surrounding the regulation of hemp products, a federal lawsuit has been filed against the state of Virginia, challenging the newly instituted THC limits on ...
California on the Verge of a Psychedelic Paradigm Shift: Senate Bill 58 Awaits Governor’s Decision
LOS ANGELES- In a move that signals a potential paradigm shift in drug policy and mental health treatment, California stands on the cusp of decriminalizing several psychedelic substances, thanks to the persistent efforts of Senator ...
Maine’s Recreational Cannabis Sector Flourishes
LOS ANGELES- In the state of Maine, the burgeoning adult-use cannabis sector is witnessing a significant uptick in sales, reaching a pinnacle in August with revenues exceeding $21 million, as per data released by the ...
