Case Studies
Verano Launches Dispensary in Restored Ohio Train Depot
CHICAGO – Verano Holdings Corp. marked another step in its ...
Cannabis Market Faces Inevitable Wave of Consolidations to Keep the Pace of Dynamics
LOS ANGELES – Viridian Capital Advisors' Chart of the Week ...
Will Hope Fuel Cannabis Industry Growth Beyond Q2 2025?
LOS ANGELES – If you’ve been scrolling through the latest updates on the Highly Capitalized Network’s website or LinkedIn, you’ve likely caught the wave of Q2 2025 earnings reports sparking cautious optimism across the Cannabis ...
TerrAscend Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
McConnell Seeks to Close 2018 Hemp “Loophole” in Senate Funding Bill
LOS ANGELES- Senate Republican leader Mitch McConnell is advancing a provision in the FY 2026 agriculture appropriations bill aimed at revising the federal hemp definition to bar products containing any “quantifiable” amount of THC. The action ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Will Hope Fuel Cannabis Industry Growth Beyond Q2 2025?
LOS ANGELES – If you’ve been scrolling through the latest updates on the Highly Capitalized Network’s website or LinkedIn, you’ve likely caught the wave of Q2 2025 earnings reports sparking cautious optimism across the Cannabis ...
TerrAscend Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Week In Review: Ohio Cannabis Market Faces Challenges; New Jersey Moves Forward with Cannabis Consumption Lounges; NFL & University of Regina Partner in Groundbreaking CBD Study
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Ontario’s New Store Cap Signals Retail Market Consolidation; FDA Endorses Historic Shift in Cannabis Classification to Schedule III; Belgium’s Drug Policy Reform
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Over 2.3 Million Cannabis Convictions Pardoned in U.S. Since 2018; West Virginia Eyes Cannabis Legalization in Fight Against Fentanyl Crisis ;VA to Explore Psychedelics for PTSD and Depression
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Cannabis Stocks Rally; FinCen Compliance takes effect; Oakland Tragedy Highlights Urgent Need for Federal Cannabis Policy Reform; Tennessee Hemp Industry Faces Setback from New Regs; AMA Introduces Psychedelic Therapy Codes In FDA Review of Prescription MDMA
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Navigating the Financial Chaos: Cannabis Dispensaries Seek Stability Amidst Credit Card Upheaval
LOS ANGELES-In the fast-evolving landscape of the cannabis industry, the constant shutdowns of credit card payment platforms for dispensaries have become a recurring theme. This article delves into the intricacies of the issue, exploring the ...
Cannabis Businesses in America Face a Big Headache: FinCEN’s Corporate Transparency Act Has Arrived
LOS ANGELES- Enacted by Congress in 2021, the Corporate Transparency Act (CTA) went into effect on January 1, 2024 and affects more than 30 million American small businesses and many smaller foreign companies doing business ...
Challenges Persist in New York’s Transition to Legal Cannabis Market Amid Illicit Trade
NEW YORK- As New York's legal cannabis market surpasses its first year, significant challenges remain in curbing the state's rampant illicit cannabis trade. Despite efforts by the New York Office of Cannabis Management (OCM), the ...
Mississippi Health Officials Issue Retesting Order for Medical Cannabis Products
LOS ANGELES- In a significant move to ensure public safety, Mississippi health officials have mandated the retesting of approximately 70% of the medical cannabis products available in the state. This decision comes in response to ...
California Cannabis Retailer Sues State Agencies Over Alleged Unlawful Tax Collection Practices
LOS ANGELES- HNHPC Inc., part of Long Beach-based Catalyst Cannabis Co., has initiated legal action against several state agencies, including the primary tax collection bureau. The lawsuit, filed on December 28 in Orange County Superior ...
Lykos Therapeutics Secures Over $100 Million in Series A Financing
LOS ANGELES- Lykos Therapeutics, previously known as MAPS Public Benefit Corporation, has achieved a significant milestone in its journey to revolutionize mental healthcare. The company announced an oversubscribed Series A financing, raising over $100 million, ...
Missouri Legislature Addresses Cannabis Regulation and Law Enforcement Policies
LOS ANGELES— The 2024 legislative session in Missouri, convened in Jefferson City, has sparked significant discussions on cannabis regulation, with a particular focus on cannabinoid products and law enforcement practices. Senate Bill 984, championed by ...
Cybin Inc. Advances Psychedelic Therapy with Promising Phase 2 Results and Upcoming Trials
LOS ANGELES- Cybin Inc., a clinical-stage biopharmaceutical company at the forefront of psychedelic-based mental health treatments, recently announced encouraging results from its Phase 2 study of CYB003 for Major Depressive Disorder (MDD) and outlined key ...
AMA Introduces Psychedelic Therapy Codes Amidst FDA Review of Prescription MDMA
-LOS ANGELES The American Medical Association (AMA) has taken a significant step in the realm of psychedelic therapy by introducing specific codes for these treatments. This development aligns with the Food and Drug Administration's (FDA) ...
New Jersey Allocates Cannabis Tax Revenue to Community Health and Safety Initiatives
LOS ANGELES- In the evolving landscape of cannabis legalization, states across America are exploring innovative uses for the tax revenue generated from this burgeoning industry. New Jersey has emerged as a leader in this domain, ...
Silo Pharma Advances in Development of Ketamine-Loaded Implant for Chronic Pain Treatment
LOS ANGELES- In a significant step towards innovating chronic pain management, developmental-stage biopharmaceutical company Silo Pharma, Inc. (Nasdaq: SILO) has reported notable progress in the development of SP-26, a ketamine-loaded implant designed for home treatment ...
UFC Pioneers Change by Excluding Cannabis from Banned Substances List
LOS ANGELES- In a landmark decision that is set to reshape drug policies in professional sports, the Ultimate Fighting Championship (UFC) has removed cannabis from its list of banned substances. Announced in Las Vegas, Nevada, ...
New Mexico Achieves Record-Breaking Cannabis Sales in December
LOS ANGELES— New Mexico's cannabis market has set a new monthly sales record in December, with total sales surpassing $50.4 million, a significant milestone in the state's burgeoning legal cannabis industry. The latest figures released ...
Copy of BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
BetterLife Pharma Secures Funding to Advance Innovative Mental Health Treatment
LOS ANGELES — BetterLife Pharma Inc. ("BetterLife"), a biotech company at the forefront of mental disorder treatments, has announced the successful closing of $300,000 in convertible debentures. This funding is a strategic step towards the development ...
Washington Enacts Law Safeguarding Off-Duty Cannabis Use by Job Applicants
NEW YORK— In a significant move for employment law, Washington State has implemented a new statute, Senate Bill 5123, effectively protecting job applicants from discrimination based on their off-duty cannabis use. Signed by Governor Jay ...
Tennessee Hemp Industry Faces Potential Setback from New Regulatory Proposals
LOS ANGELES- Tennessee's burgeoning hemp industry is confronting potential challenges due to new regulatory proposals by the state's Department of Agriculture. Business owners and growers within the state are voicing concerns that these new rules, ...
atai Life Sciences Reveals Promising Results from EMP-01 Phase 1 Study
NEW YORK- atai Life Sciences, a clinical-stage biopharmaceutical company, has announced encouraging results from its Phase 1 study of EMP-01, an orally administered R-enantiomer of MDMA. This study, a significant step in the company's mission ...
Oakland Tragedy Highlights Urgent Need for Federal Cannabis Policy Reform
LOS ANGELES- A somber mood envelops the Oakland Police Department following the tragic death of Officer Tuan Le, who was fatally shot while responding to a burglary at a cannabis dispensary. The incident underscores a ...
Virginia’s Legislative Shift: A New Hope for Adult-Use Cannabis Sales
NEW YORK- The political landscape in Virginia is undergoing a significant transformation as Democrats regain full control of the General Assembly, bringing renewed optimism for the launch of an adult-use cannabis market. This development comes ...
Anticipating Pivotal Changes: The U.S. Cannabis Industry’s Path in 2024
NEW YORK- The U.S. cannabis industry stands at a pivotal juncture as it anticipates the Drug Enforcement Administration's (DEA) next step in the long-awaited rescheduling process. This move, set to unfold in 2024, could mark ...
