Case Studies
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The Cannabis and Psychedelics sectors delivered clear ...
Rubicon Completes First Harvest at New Cascadia Facility in British Columbia
VANCOUVER, BC – Rubicon Organics Inc. has reached a key ...
GTI Secures $50M Credit Boost
CHICAGO – Green Thumb Industries Inc. has increased its syndicated ...
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets projects the global Cannabis cultivation market to reach $464.91 billion by 2030, up from $207.46 billion in 2025, reflecting a compound annual growth rate (CAGR) ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing the state closer to filling a longstanding gap in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors wrapped up 2025 on a high note, with federal policy breakthroughs and corporate maneuvers signaling sustained growth potential across Cannabis & Psychedelics. Over the past two weeks, President Trump's ...
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 ...
Cannabis Cultivation Market Forecast to Reach $465B by 2030
LOS ANGELES – A recent report from Research and Markets projects the global Cannabis cultivation market to reach $464.91 billion by 2030, up from $207.46 billion in 2025, reflecting a compound annual growth rate (CAGR) ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing the state closer to filling a longstanding gap in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
Curaleaf Holdings Introduces New Hemp-Derived THC Products
Curaleaf Holdings, Inc., a provider of consumer cannabis products, has launched a new range of hemp-derived THC products under its Select and Zero Proof brands. This move aims to set new quality and safety standards ...
Maryland Launches Cannabis Workforce Development Program
LOS ANGELES- Maryland is set to launch a new Cannabis Workforce Development Program, aimed at supporting residents interested in joining the state's expanding cannabis industry. The program will prioritize individuals and communities directly impacted by ...
Virginia Cannabis Control Authority Postpones Decision on Medical Cannabis License
LOS ANGELES- The Virginia Cannabis Control Authority (CCA) has delayed its decision to award a medical cannabis license for Health Service Area 1, which includes the Shenandoah Valley and parts of central Virginia. Originally scheduled ...
North Carolina Senate Approves Medical Cannabis Legalization Bill
LOS ANGELES- The North Carolina Senate has given final approval to a medical cannabis legalization bill, sending it to the House for consideration. This move marks a significant step toward legalizing medical cannabis in the ...
Daniela Williams Leading Paylient to New Heights in the Cannabis HR Space
LOS ANGELES – Paylient HR Solutions, a Professional Employer Organization (PEO) tailored for the cannabis industry, proudly announces the appointment of Daniela Williams as their Chief Growth Officer (CGO). This strategic move signifies Paylient's commitment ...
Poland’s Medical Cannabis Sector Sees Rapid Growth Amid Decriminalization Debate
LOS ANGELES- The landscape of medical cannabis in Poland has experienced significant transformations in recent years. Surveys indicate strong public support for decriminalization, and the number of medical cannabis prescriptions has surged dramatically. However, challenges ...
Massachusetts Approves Historic Maritime Cannabis Transport
NEW YORK- The Massachusetts Cannabis Control Commission (CCC) has made a groundbreaking decision by permitting the first-ever maritime transport of state-legal cannabis between the mainland and the islands of Martha’s Vineyard and Nantucket. This historic ...
NCAA Removes Cannabis from Banned Substance List for Championships
NEW YORK- The NCAA Division I Council made a significant policy shift on Tuesday, voting to remove cannabinoids from the banned substance list for championships and postseason football participation, effective immediately. This decision marks a ...
Minnesota Receives Over 700 Social Equity Cannabis License Applications in 24 Hours
LOS ANGELES- Officials from the Minnesota Office of Cannabis Management reported receiving more than 700 applications for social equity licenses within the first 24 hours of the application window opening. This surge in applications underscores ...
Cybin Inc. Reports Financial Results and Prepares for Phase 3 Study of Lead Drug CYB003
LOS ANGELES- Cybin Inc. announced its audited financial results for the fiscal year ending March 31, 2024. The company, which currently has no revenue, reported cash holdings of C$209 million at the end of the ...
New Hampshire Residents Support Cannabis Legalization Despite Legislative Setback
LOS ANGELES- A recent poll by the University of New Hampshire Granite State Poll reveals that 65% of New Hampshire residents support legalizing cannabis for adult use, reflecting strong public backing. This contrasts sharply with ...
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 ...
