Consumer Research
Verano Expands Medical Cannabis Footprint in West Virginia
CHICAGO – Verano Holdings Corp. has launched its sixth medical ...
Cronos Targets Europe Through Dutch Cannabis Leader Acquisition
TORONTO – Cronos Group Inc. has agreed to buy CanAdelaar ...
Craft Cannabis Market Projects Steady Climb to $12.3B by 2031
LOS ANGELES – Small-scale producers in the Cannabis industry are ...
Bioxyne Reports Record Revenue, Yet Cash Outflows Climb on Expansion Push
SYDNEY – Bioxyne Limited, an Australian life sciences and wellness products company, posted its highest quarterly revenue on record for the period ended September 30, with sales reaching A$14.1 million, a 210% jump from the ...
Kansas Poll Shows Broad Support for Cannabis Reform
TOPEKA – A recent survey of Kansas residents highlights growing public enthusiasm for Cannabis policy changes, with nearly seven in ten adults endorsing medical use and close to six in ten favoring recreational access. A ...
Cybin Raises $175M in Direct Offering, Reinforcing Psychedelic Pipeline
TORONTO – Cybin Inc., a clinical-stage biopharmaceutical company focused on psychedelic-based treatments for mental health disorders, disclosed a $175 million registered direct offering, drawing commitments from a roster of established biotech investors. The deal, priced ...
Cannabis Debt Yields Show Wide Gaps Among Top Operators, Viridian Analysis Finds
LOS ANGELES – A fresh assessment of credit profiles among leading U.S. Cannabis companies points to notable discrepancies in debt pricing that could signal untapped value for savvy investors and fixed-income players. Viridian Capital Advisors ...
DMT Reveals Promising Potential in Stroke Recovery, Study Finds
LOS ANGELES – A compound long associated with visionary experiences in plants like ayahuasca may hold untapped value in treating one of medicine's toughest challenges: brain damage from strokes. Hungarian researchers report that N,N-dimethyltryptamine, or ...
Canopy Growth Shifts DOJA Site to Medical-Only Production in Canada
SMITHS FALLS, ON – Canopy Growth Corporation has repurposed its DOJA cultivation facility in Kelowna, British Columbia, to focus solely on medical Cannabis. The change positions the site as a dedicated supplier for its Spectrum ...
Spain Cabinet Greenlights Medical Cannabis Framework
MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...
MariMed Strikes Licensing Deal to Bring Edibles Line to New York Market
NORWOOD – MariMed Inc. has signed a licensing agreement with Farm 2 Hand, LLC, a licensed cultivator and processor in New York, to roll out its lineup of edibles across the state starting in 2026. ...
Germany Boosts Medical Cannabis Import Cap
BERLIN – German health authorities have increased the annual limit on medical Cannabis imports to 192.5 metric tons, in an effort to keep up with the rapid growth in patient demand while the country navigates ...
Emerald Intel Acquires Cannabiz Media, Expanding Reach in Cannabis Intelligence Sector
ANNAPOLIS – Emerald Intel, a key player in Cannabis market data, revealed its purchase of Cannabiz Media, a long-standing directory of licensed operators and decision-makers in the North American Cannabis space. The transaction, announced via ...
Emerald Cup 2024: Behind the Scenes at a Celebration of Cannabis Culture in Oakland
OAKLAND — Last month, the Emerald Cup 2024, a premier event in the cannabis community, took place at the historic Henry J. Kaiser Convention Center in Oakland. Celebrating its 20th anniversary, this iconic event honors ...
Urbana Breathes New Life into Historic Luka’s Taproom with a New Cannabis Dispensary and Lounge in Oakland
Honoring a Beloved Oakland Landmark, Urbana Introduces a New Paradigm in Cannabis Retail and Consumption OAKLAND, CA – Urbana, one of Northern California’s premier cannabis brands, is thrilled to announce the opening of its newest ...
Michigan Cannabis Sales Hit Record $295.4 Million in August
LOS ANGELES- Michigan's cannabis industry set a new monthly sales record in August, with licensed dispensaries generating $295.4 million in revenue, according to the state's Cannabis Regulatory Agency (CRA). This figure includes $294.1 million from ...
Nixon’s Secret Recordings: A Shift in Private Views on Cannabis
LOS ANGELES- Recently uncovered White House recordings from 1973 reveal that President Richard Nixon privately acknowledged that cannabis was "not particularly dangerous," a stance at odds with his administration's aggressive drug policies. The recordings, discovered ...
FDA Consideration of Psilocybin Therapy Could Impact Millions of Depression Patients
LOS ANGELES- Recent research suggests that the active ingredient in psychedelic mushrooms, psilocybin, may offer significant benefits for individuals struggling with depression, pending approval from the U.S. Food and Drug Administration (FDA). With roughly one ...
California Governor Proposes Emergency Ban on THC in Hemp Products
LOS ANGELES- California Governor Gavin Newsom announced emergency regulations on Friday that would prohibit the sale of hemp products containing detectable levels of THC, the psychoactive compound in cannabis. The move aims to address concerns ...
Medical Cannabis in Germany: A Gateway for Investment and Innovation
The investment climate in Germany's medical cannabis industry is poised for significant expansion, driven by the global cannabis legalization movement, ongoing regulatory changes, and mounting community and market demand. As the country embraces a more ...
MindMed to Present at Key September Investor Conferences
LOS ANGELES- Mind Medicine (MindMed) Inc., a clinical-stage biopharmaceutical company focused on developing novel treatments for brain health disorders, announced its participation in three significant investor conferences in September 2024. MindMed’s management team will engage ...
Green Thumb Secures $150 Million Syndicated Credit Facility
LOS ANGELES- Green Thumb Industries Inc, a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has announced the closing of a $150 million 5-year syndicated credit facility. The financing, led by Valley ...
Luxury Cannabis Market Expands with High-End Dispensaries
LOS ANGELES- The cannabis industry is shifting its focus towards luxury consumers, with a growing number of high-end dispensaries opening in upscale areas like Fifth Avenue in New York City and the Hamptons. This new ...
Cannabis Sector Volatility Deepens After DEA Rescheduling Delay
LOS ANGELES- The cannabis industry faced heightened volatility as the MSOS ETF (NYSE: MSOS), which tracks U.S. cannabis companies, dropped by 15.24% following the DEA’s decision to delay rescheduling cannabis until December 2. The market ...
Wiesbaden Seeks to Join Cannabis Sales Pilot in Pharmacies
GERMANY- Wiesbaden, the capital of Hesse, Germany, has officially applied to participate in a pilot project for cannabis sales through pharmacies. The initiative aims to study the impact of a regulated cannabis market on reducing ...
California Intensifies Crackdown on Illegal Pesticide Use in Hemp Industry
LOS ANGELES- California regulators have intensified efforts to address illegal pesticide use in the hemp industry, underscored by a recent case involving Northern California hemp grower Bin Zheng. The California Department of Pesticide Regulation (DPR) ...
Trump Weighs In on Florida Cannabis Legalization Ballot Measure
LOS ANGELES- Former President Donald Trump recently shared his thoughts on Florida's Amendment 3, a ballot measure that would legalize cannabis for adults 21 and over. In a post on Truth Social, Trump signaled tentative ...
Kentucky Receives Nearly 5,000 Applications for Medical Cannabis Business Licenses
LOS ANGELES- Kentucky officials have received 4,998 applications for medical cannabis business licenses as part of the state's newly established medical cannabis program, Gov. Andy Beshear announced. The majority of applications (4,076) were for dispensary ...
Missouri Hemp Trade Group Files Lawsuit Over Ban on Intoxicating Hemp Products
LOS ANGELES- The Missouri Hemp Trade Association has filed a lawsuit against the Department of Health and Senior Services (DHSS) challenging the state's recent ban on intoxicating hemp products. The lawsuit, filed in Cole County ...
Michigan Cannabis Prices Reach Historic Lows Amid Market Oversupply
LOS ANGELES- In July, cannabis prices in Michigan's legal market dropped to an all-time low, with the average price of an ounce of flower falling to $79.70, according to data from the Michigan Cannabis Regulatory ...
Ohio Recreational Cannabis Sales Reach Over $44 Million in First Month
LOS ANGELES- Ohio's legal cannabis market saw strong initial performance, with over $67.3 million in total sales between August 6 and August 31, according to the state's Division of Cannabis Control (DCC). Of this, $44 ...
Investment Environment and Outlook for Medical Cannabis in Ukraine
KYIV--The medical cannabis industry in Ukraine is on the cusp of transformation, fueled by recent legislative changes and a growing recognition of its potential benefits. As the country fights for its independence on the battlefields ...
Wisconsin Tribal Groups Launch Campaign to Push for Medical Cannabis Legalization
LOS ANGELES- A new campaign to legalize medical cannabis in Wisconsin has been launched by the Indigenous Cannabis Industry Association and the Wisconsin Tribal Task Force on Cannabis. The initiative, named Wisconsin Wellness, aims to ...
Alabama Judge Considers Easing Restrictions on Medical Cannabis Licensing
LOS ANGELES- A Montgomery County judge signaled Tuesday that he may consider easing some restrictions on the Alabama Medical Cannabis Commission (AMCC) to allow limited vetting of cannabis license awards, potentially advancing the state’s delayed ...
A LIFE IN A DAY: Guy Rocourt: CEO of GR Consulting and Papa & Barkley
In this edition of A LIFE IN A DAY, we catch up with Guy Rocourt, a pioneering force in the cannabis industry with more than 25 years of experience. Guy Rocourt is the Co-Founder and ...
A LIFE IN A DAY: Daniela Williams: Chief Growth Officer: Paylient
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 A LIFE IN A DAY features Daniela Williams. Daniela ...
Europe’s Medical Cannabis Market Expected to Reach USD 11 Billion by 2032
LOS ANGELES- The European medical cannabis market is projected to grow significantly, with its value reaching USD 11,093.7 million by 2032, up from USD 2,167.8 million in 2023. This reflects a compound annual growth rate ...
DEA Reclassification of Cannabis Raises Regulatory Questions for States
LOS ANGELES- The U.S. Drug Enforcement Administration (DEA) has initiated steps to reclassify cannabis, potentially shifting it to a status similar to regulated medicines such as Tylenol with codeine or some steroids. This federal change ...
