Consumer Research
Green Thumb Industries Reports Q3 2025 Financial Results
CHICAGO – Green Thumb Industries released third-quarter earnings that reflected ...
Alcohol Trade Group Welcomes Hemp-Derived THC Beverage Maker as First in Category
WASHINGTON – The Wine & Spirits Wholesalers of America (WSWA), ...
Verano Secures $75M Credit Agreement
CHICAGO – Verano Holdings Corp. has finalized a $75 million ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
Arkansas Activists Blaze Trail for Psychedelic Reform
BENTONVILLE – In the heart of Northwest Arkansas, a group of dedicated activists is pushing to reshape the legal landscape for psychedelics. Decriminalize Nature NW Arkansas, founded in 2023, is leading the charge to decriminalize ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 settlement in a lawsuit filed by employees of Timber Cannabis, a seven-location cannabis dispensary chain in Michigan. The lawsuit alleged that management appropriated tips left ...
Malaysia Weighs Cannabis Vaporizer Manufacturing for Export
LOS ANGELES— Malaysia’s Cabinet is set to decide whether to permit the manufacturing of cannabis vaporizer hardware for export, as Health Minister Datuk Seri Dr. Dzulkefly Ahmad confirmed following a multi-agency review. The proposal centers ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
Glass House Raid Sparks Industry Fears and Rival Tensions
LOS ANGELES – Highly Capitalized Network-HCN is closely monitoring the unfolding developments following the July 10, 2025, when federal agents from Immigration and Customs Enforcement (ICE) and the Drug Enforcement Administration (DEA) stormed Glass House ...
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 ...
New York Cannabis Retailer Adds THC Potency Disclaimers Due to Flaws in Lab Testing System
NEW YORK-- One of the few legal cannabis retailers in New York state, Union Square Travel Agency, has added THC potency disclaimers to its products due to inaccuracies in the current lab testing system. The ...
Cannabis Industry Trade Groups Urge Senate Committee to Prioritize SAFE Banking Act
LOS ANGELES-- Cannabis industry trade groups are pushing for a Senate hearing on the upcoming SAFE Banking Act, even though it hasn't been reintroduced in the U.S. Senate or House of Representatives yet. The bill ...
Bloomios Taps Joe Reid to Lead Manufacturing Operations
Bloomios, a cannabinoid supplements company, has appointed Joe Reid to lead its manufacturing operations. With over a decade of manufacturing experience and extensive knowledge of the CBD industry, Reid is expected to help Bloomios double ...
Missouri Cannabis Sales Skyrocket, Causing Shortages and Price Hikes as Demand Surges
MISSOURI-- Since the launch of recreational cannabis sales in Missouri, the state has experienced a surge in demand that has caused prices to skyrocket. Within two months of the launch, cultivators have struggled to meet ...
California Launches Crackdown on Cannabis Industry Corruption in Response to Ongoing Concerns
LOS ANGELES--In response to persistent corruption concerns in California's cannabis industry, the state government is launching a new crackdown in several jurisdictions that have not yet been identified. This move follows allegations of bribery, pay-to-play ...
Michigan Recreational Cannabis Prices Rise as Fewer Plants Being Grown and Enforcement Steps Up
MICHIGAN-- The price of recreational cannabis in Michigan has increased for the first time since dispensaries began selling in December 2019. According to the Michigan Cannabis Regulatory Agency, the cost of an ounce of flower ...
Andira Pharmaceuticals Has Announced A Collaborative Research Program With The University of British Columbia
VANCOVER-- Andira Pharmaceuticals has partnered with the University of British Columbia (UBC) to conduct a pharmacologic characterization of its lead compounds for metastatic breast cancer. The collaborative research program will be headed by Dr. Karla ...
IGC Pharmaceuticals, Inc. Announces Name Change to Better Reflect Strategic Focus
LOS ANGELES-- Maryland-based pharmaceutical company, India Globalization Capital, Inc. (NYSE American: IGC), is changing its name to IGC Pharma, Inc., (dba IGC) effective March 30, 2023, as part of a rebranding strategy that reflects its ...
Heroes of cannabis legalization
Hui-lin Lifrom 100 AD The Chinese botanist noted the medical properties of the plant for inducing sleep in pained patients, paving the way for surgical anesthetic. The chinese term for anesthesia- mázui- literally means ‘cannabis ...
Mississippi’s Medical Cannabis Industry Sees New Bill
MISSISSIPI-- Mississippi’s medical cannabis industry is set to see some changes, following the final approval of a new bill that aims to make life easier for the state’s medical cannabis operators. House Bill 1158, passed ...
California Cannabis Brand, Rose, Teams Up with Kiva Sales and Service to Expand Product Line
LOS ANGELES-- Rose, California's cannabis brand, announced today an exclusive partnership with Kiva Sales and Service (KSS), a top sales and distribution platform that offers dispensaries a curated selection of the best brands in the ...
Australian Nurses Call for Medicinal Cannabis Education in Undergraduate Degrees
The group wants education about the endocannabinoid system included in undergraduate nursing degrees. Seven years ago, the Federal Parliament passed legislation to legalise medicinal cannabis in Australia. Since then, most cannabis medications have been classified ...
Psychedelic Firm Reunion Neuroscience Sues Mindset Pharma for Patent Infringement and Breach of Contract
LOS ANGELES-- Clinical research firm Reunion Neuroscience Inc. has filed a lawsuit against Mindset Pharma Inc. in federal court, alleging that the latter copied its psychedelic formula and presented it as its own invention while ...
Ascend Wellness Holdings Expands But Still Struggles To Turn a Profit
NEW YORK-- Ascend Wellness Holdings Inc., a New York-based cannabis company, expanded its footprint significantly in 2022 by opening four new stores in three states, transitioning three shops in New Jersey to recreational sales, expanding ...
California’s Cannabis Industry Faces Challenges Amid Difficult Market Conditions and Regulatory Changes
LOS ANGELES-- During a recent earnings call, Kyle Kazan, CEO of Glass House Brands, revealed that challenging market conditions in California are forcing cannabis operators to leave, leaving many vendors unpaid. Kazan stated that "many ...
Experts Warn of Ripple Effects for Cannabis Industry Following Silicon Valley Bank’s Failure
LOS ANGELES- Silicon Valley Bank’s unexpected collapse last Friday is sending ripples of concern through the cannabis finance industry, as experts warn that even if the cannabis sector itself remains untouched, there will still be ...
Politicians Discuss Narrow Window for Federal Cannabis Legalization at SXSW Conference
AUSTISN-- The SXSW conference in Austin, Texas, known for its focus on cutting-edge tech, music, and film, also hosted a cannabis track of sessions this year, along with a psychedelics track for the first time. ...
Michigan Cannabis Firm Skymint Placed Into Receivership By Court Order
MICHIGAN-- Skymint, the brand name for Green Peak Innovations Inc., has been placed into receivership by a Michigan judge after the company failed to pay back loans provided by SunStream’s affiliate Tropics LP since March ...
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 ...
