Case Studies
U.S. Legal Cannabis Sales Hit $2.3B in December, Lifting 2025 Total to $27B
LOS ANGELES – Legal Cannabis sales across the United States ...
ANTG Inks Deal with Curaleaf to Supply Medical Cannabis for UK Patients
LONDON – Australian Natural Therapeutics Group, a leading cultivator of ...
Trump Signs Funding Measure Ending Historic 43-Day Government Shutdown, Bans Hemp-Derived THC Products
WASHINGTON – President Donald Trump signed a bipartisan spending package ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
Cannabis Rescheduling Hits Pause as DEA Shifts Gears
WASHINGTON, D.C. – The federal cannabis rescheduling saga, already a slow-burning drama, took a sharp turn this week as Chief Administrative Law Judge John J. Mulrooney announced his retirement, effective August 1, 2025. The exit, ...
Texas Hemp Ban Showdown or Reefer Madness 2.0?
AUSTIN – The Texas Senate Committee on State Affairs ignited a fiery debate on Tuesday, July 22, 2025, during the first hearing of a special legislative session called by Governor Greg Abbott to address the ...
Trulieve Boosts Beverage Portfolio with Onward Expansion and Upward Launch
LOS ANGELES – Trulieve Cannabis Corp. is making waves in the cannabis industry with the expanded distribution of its premium THC-infused beverage, Onward, and the introduction of Upward, a new THC-infused energy drink line. Trulieve's ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Delta-8 THC Consumption Peaks in States Lacking Adult-Use Cannabis Access, Study Finds
SAN DIEGO – A new study conducted by researchers at the University of California San Diego reveals that adults, residing in states where recreational Cannabis remains illegal, are almost twice as likely to use delta-8 ...
NORML Calls for MORE Act Support to Transform Federal Cannabis Policy
LOS ANGELES – On August 29, a group of Democratic lawmakers reintroduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act (H.R. 5068). The legislation seeks to remove (deschedule) Cannabis entirely from the Controlled Substances Act ...
SHF Holdings Introduces Banking Solution for Cannabis Businesses and Financial Institutions
DENVER – SHF Holdings, Inc. operating as Safe Harbor Financial, has launched a new Fully Managed Cannabis Banking Program, designed to streamline financial services for banks and credit unions serving the regulated Cannabis industry. Announced ...
LIFE IN A DAY: Jeff Raymond: From Aerospace to Agritech, The Remarkable Journey of Jeff Raymond
In a quaint town during his earlier years, Jeff Raymond found a commitment larger than life itself. His early days as a volunteer firefighter and first-responder instilled a profound sense of duty and service. A ...
A LIFE IN A DAY: Omar Bitar: Co-Founder & President: Grupo Flor
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week’s Life In A Day features Omar Bitar. Omar Bitar is ...
A LIFE IN A DAY: Wendy Campbell: VP Sales: MJ Unpacked
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week's Life In A Day features Wendy Campbell. Wendy is the ...
A LIFE IN A DAY: Wendy Campbell: VP Sales: Jage Media + MJUnpacked
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week's Life In A Day features Wendy Campbell. Wendy is the ...
Pennsylvania Lawmakers Consider State-Run Liquor Stores as Potential Cannabis Retailers
PENNSYLVANIA-- As Pennsylvania's governor introduces a budget with details for taxing adult-use cannabis, lawmakers are exploring different options for how a recreational market could be structured. Among those options is allowing state-run liquor stores to ...
Disproportionate Cannabis Drug Testing Among Black and Hispanic Mothers During Labor and Delivery
LOS ANGELES-- A recent study published in the journal Hospital Pediatrics has revealed that a disproportionate number of Hispanic or African American patients are subjected to Cannabis-specific drug screening during the labor and delivery process. ...
Three States Progress Towards Legalizing Cannabis for Adults
LOS ANGELES-- Three US states are making progress in legalizing cannabis possession for people aged 21 and above, as the debate on cannabis legalization continues across the country. In Hawaii, lawmakers have passed Senate Bill ...
Justice Department Appeals Ruling Overturning Federal Ban on Firearms for Cannabis Users
WASHINGTON, DC--The Justice Department is fighting back against a recent ruling that overturned a longstanding federal law banning cannabis users from possessing firearms. In early February, a federal judge in Oklahoma deemed the 1968 law ...
Observational Study Finds Medical Cannabis Products Improve Health-Related Quality of Life in Patients with Chronic Illnesses
LOS ANGELES-- A new study has found that medical cannabis products are generally well-tolerated and can lead to significant improvements in the health-related quality of life of patients. The research, published in the journal Expert ...
Missouri’s Adult-Use Cannabis Program Impacts Illinois’ Out-of-State Sales
ILLINOIS-- Missouri’s new adult-use cannabis program may be impacting the sales of legal retailers in neighboring Illinois. According to a monthly report from the Illinois Department of Financial and Professional Regulation, total recreational cannabis sales ...
Psychedelic Startups Turn to Stock Payments to Address Financial Struggles
LOS ANGELES-- Psychedelic medicine companies are facing financial challenges due to the long runway to commercialization. Unlike cannabis, which saw rapid changes in laws, quick establishment of programs, and the issuance of thousands of licenses, ...
Skymint, One of Michigan’s Largest Cannabis Companies, Under Control of Receiver Amid Industry Pressures
MICHIGAN-- Skymint, one of Michigan's largest cannabis cultivators and retailers, is now under the control of a receiver as the industry faces an increasingly difficult market in the state. The Ingham County Circuit Court in ...
Oklahoma Rejects Adult-Use Cannabis Legalization, Industry to Remain Medical-Only
OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for ...
Female-Owned Cannabis Startups Struggle to Secure Funding
LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding ...
New York Doubles Number of “Justice-Involved” Cannabis Retail Permits in Effort to Expand Market and Increase Social Equity
NEW YORK-- New York’s state Cannabis Control Board has announced it will double the number of “justice-involved” retail permits from 150 to 300, in an effort to expand the market and support social equity retailers. ...
Adastra Holdings receives permission to sell cocaine and psilocybin for medical purposes only
LOS ANGELES-- Adastra Holdings, based in British Columbia, has announced that it has been granted permission by the Canadian federal government to sell both cocaine and psilocybin. However, Health Canada, the federal agency governing the ...
Cannabis firms turn to Republic for fundraising under crowdfunding scrutiny
LOS ANGELES-- Republic, a relatively new source of lower-level direct investing for businesses, has become a popular platform for cannabis companies seeking capital. At least 18 cannabis firms have launched campaigns on the platform, which ...
Las Vegas Approves Cannabis Lounge Regulations
LAS VEGAS- In a historic move, the Las Vegas City Council voted 4 to 1 in favor of authorizing cannabis consumption lounges within the city limits today. While San Francisco is the first city in ...
Nalu Bio Raises $12 Million in Series A Funding Round to Scale Production of Synthetic Cannabinoids
SAN FRANCISCO-- A based producer of synthetic cannabinoids, Nalu Bio, announced on Tuesday that it had raised $12 million in a Series A funding round, led by Intrinsic Capital Partners, a Pennsylvania-based investment firm focused ...
Virginia Passes Tough New Restrictions on Delta-8 THC Products
RICHMOND-- Virginia lawmakers have approved strict new regulations on products containing delta-8 THC, a hemp-derived cannabinoid. The legislation, which was hammered out on the last day of the General Assembly session, will require sellers of ...
RIV Capital CEO Departs, Revenue Shows Slight Improvement in Q3 2022, and Company Looks to Unlock Intrinsic Value
LOS ANGELES-- Canadian cannabis investment company RIV Capital announced on Tuesday that CEO Mark Sims was leaving the company with immediate effect. The departure came as the company revealed its financial results for the quarter ...
Growing Basics – Gas Lantern Technique
Grower Essentials: The Gas Lantern Technique Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some ...
Green Thumb Industries Generates $1B in Revenue for 2022, Posts Profit Despite Q4 Losses
LOS ANGELES-- Green Thumb Industries Inc. a cannabis producer and retailer in the US, announced that it hit $1 billion in revenue for 2022, a year marked by growth and challenges in the cannabis industry. ...
Cresco Labs and Columbia Care Extend Closing Date for $2 Billion Megadeal Amid Regulatory Approvals and Divestiture Concerns.
NEW YORK-- Cresco Labs and Columbia Care Inc., the parent company of Sunnyside dispensaries and Cannabist respectively, have agreed to extend the closing date of their $2 billion, all-stock megadeal to June 30, 2023. Despite ...
American Weed Co Founders Call for Nationwide Legalization of Cannabis for Veterans
WASHINGTON-- American Weed Co, a new cannabis company owned and operated by veterans, has announced it will devote a portion of its revenue to combating the epidemic of veteran suicide and modernizing outdated federal cannabis ...
