Consumer Research
Aurora Cannabis Reports Q2 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. posted a solid second quarter ...
Cresco Labs Reports Q3 2025 Financial Results
CHICAGO – Cresco Labs, a major player in branded Cannabis ...
Highly Capitalized Network Launches “Battle of the Brands” — A New Show Redefining Cannabis Marketing Conversations
LOS ANGELES— Highly Capitalized Network (HCN), a leading business and financial media platform for Cannabis, today announced the launch of its newest original series: Battle of the Brands. This new podcast series brings together some ...
Curaleaf Gains Entry to S&P/TSX Composite Index, Today Officially
TORONTO – Today, Curaleaf Holdings Inc. officially joined the S&P/TSX Composite Index, becoming the first U.S.-based Cannabis company to achieve this status. The addition, effective before the market open and following a two-week set period, ...
Cannabis Market Faces Inevitable Wave of Consolidations to Keep the Pace of Dynamics
LOS ANGELES – Viridian Capital Advisors' Chart of the Week painted a picture of a highly fragmented U.S. Cannabis industry, where the top five multi-state operators (MSOs) generated about $4.8 billion in revenue, equating to ...
A LIFE IN A DAY: David Peck, CEO of Headquarters
LOS ANGELES- In this edition of A LIFE IN A DAY, Highly Capitalized Network catches up with David Peck, the founder and CEO of Headquarters (HQ)—an operations partner for Cannabis businesses across the country. Headquarters ...
Glass House Brands Reports Q2 2025 Financial Results
LONG BEACH and TORONTO – Glass House Brands Inc., a leading vertically integrated Cannabis operator in the US, unveiled its second-quarter 2025 financial statements, showing impressive growth in key areas despite ongoing market pressures and ...
Psychedelics Market Set to Reach $22.6 Billion by 2033, Report Finds
NEW YORK – A recent report by Research and Markets reveals the current global psychedelic drugs market is valued at $7.4 billion and is projected to hit $22.6 billion by 2033, exhibiting a substantial compound ...
High Tide Enters German Medical Cannabis Market with Remexian Majority Stake Acquisition
CALGARY – High Tide Inc., a leading Canadian Cannabis retailer, announced its strategic entry into Germany’s medical Cannabis market through a 51% acquisition of Remexian Pharma GmbH, a Frankfurt-based pharmaceutical wholesaler. The deal, valued at ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
GTI Opens Rise Dispensaries in Minnesota, Expanding Access to Adult-Use Cannabis Buyers
CHICAGO – Green Thumb Industries (GTI) announced opening its Rise dispensaries across Minnesota, marking a key step in the state's shift to broader access for adult consumers. The move comes two years after lawmakers approved ...
California Reaps $259.7M in Cannabis Tax Revenue for Q2 2025
LOS ANGELES – California's legal Cannabis sector delivered $259.7 million in tax revenue during the second quarter of 2025, based on data released by the California Department of Tax and Fee Administration (CDTFA). The figure ...
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 ...
Alberta Introduces Progressive Cannabis Regulations to Boost Market and Consumer Access
LOS ANGELES- In a landmark move, Alberta, Canada, has announced new regulations set to invigorate the cannabis industry within the province, signaling a significant shift in the landscape of legal cannabis since its nationwide legalization ...
Johns Hopkins Launches Pioneering Study on Medical Cannabis with $10 Million Grant
LOS ANGELES- In a significant development in the realm of medical cannabis research, Johns Hopkins University School of Medicine has embarked on an ambitious project to track 10,000 medical cannabis patients across the United States. ...
Australia’s First Psychedelic-Assisted Therapy Clinic Receives Key Endorsement, Paving Way for Innovative Mental Health Treatments
NEW YORK- In a significant milestone for mental healthcare in Australia, Incannex Healthcare Ltd's subsidiary, Clarion Clinics, has received the Human Research Ethics Committee (HREC) endorsement for its pioneering psychedelic-assisted therapy clinic in Melbourne. This ...
Nevada Enacts Landmark Legislation Expanding Cannabis Possession Limits and Easing Industry Restrictions
LOS ANGELES- In a significant development for the cannabis industry, Nevada has ushered in the new year with groundbreaking changes to its cannabis laws. Senate Bill 277, enacted on January 1, marks a substantial shift ...
Cherokee Tribe Sets Precedent in North Carolina with Medical Cannabis Legalization
LOS ANGELES- In a landmark move, the Cherokee tribe in North Carolina has utilized its sovereignty to legalize medical cannabis within its territory, paving the way for significant economic and healthcare changes in the region. ...
Pennsylvania Advances Fair Competition in Medical Cannabis with SB 773
NEW YORK- Governor Josh Shapiro has signed into law SB 773, a bill poised to revolutionize Pennsylvania's medical cannabis market by promoting fair competition and challenging the dominance of major multistate operators (MSOs). This legislation ...
Alabama’s Medical Cannabis Licensing Faces Legal Challenges
NEW YORK- The Alabama Medical Cannabis Commission (AMCC) finds itself at the center of a legal storm today as several companies challenge the process and decisions made in awarding medical cannabis licenses in the state. ...
Arizona Launches First Cannabis Justice Reinvestment Grants
NEW YORK- In a landmark move, the Arizona Department of Health Services (ADHS) has announced the inaugural recipients of the Justice Reinvestment Grants, funded by the state's cannabis sales tax revenue. This initiative, stemming from ...
Missouri’s Cannabis Microbusiness License Program Under Scrutiny Amid Ineligibility and Exploitation Concerns
NEW YORK– Missouri's well-intentioned microbusiness license program, designed to foster diversity and inclusion in the burgeoning cannabis industry, is now facing significant scrutiny. Recent findings have revealed a disturbing trend of ineligible applicants receiving licenses, ...
Florida Medical Cannabis Home Grow Initiative Withdrawn Amid Signature Shortfall
NEW YORK– A grassroots effort to legalize home cultivation of cannabis for medical patients in Florida has come to a halt. The initiative, spearheaded by cannabis activist Moriah Barnhart and her group Wise and Free, ...
Filament Health and Jupiter Acquisition Corp. Call Off Merger
NEW YORK- – In a significant shift in the business landscape, Filament Health Corp. (OTCQB: FLHLF) (NEO: FH) and Jupiter Acquisition Corp. (Nasdaq: JAQC) have mutually decided to terminate their business combination agreement. This decision was ...
Ghana Joins Growing List of African Nations Legalizing Cannabis for Medical and Industrial Use
WORLD- Ghana has recently taken a significant step in cannabis reform by legalizing its cultivation for medical and industrial purposes. This decision, made by the Parliament earlier this month, positions Ghana in line with a ...
Ontario’s Cannabis Wholesaler Under Scrutiny for Large Cash Reserves
NEW YORK- Ontario's government-owned cannabis wholesaler, the Ontario Cannabis Store (OCS), has recently garnered attention for its substantial cash reserves, raising questions about financial transparency and operational efficiency within the burgeoning industry. As of March ...
Massachusetts Eases ‘Two Agent Rule’ for Cannabis Deliveries, Boosting Industry Efficiency
LOS ANGELES- In a significant development for the cannabis industry in Massachusetts, the state's Cannabis Control Commission (CCC) has voted to amend the longstanding "Two Agent Rule" for cannabis deliveries. This decision marks a pivotal ...
Global Recreational Cannabis Market on Track to Reach $50 Billion by 2027, Report Finds
LOS ANGELES- In a significant development for the global cannabis industry, a recent report from Prohibition Partners, a leading U.K.-based cannabis data, media, and technology firm, projects a dramatic expansion in the worldwide market for ...
Revive Therapeutics Ltd. Announces Key Decisions and Appointments at Annual Shareholders Meeting
LOS ANGELES- Revive Therapeutics Ltd., a specialty life sciences company, held its annual general and special meeting of shareholders on Tuesday, December 19, 2023, in Toronto, Ontario. The meeting concluded with significant decisions affecting the ...
Wisconsin Edges Closer to Medical Cannabis Legalization Amid Regional Shifts
LOS ANGELES- Wisconsin’s path to legalizing medical cannabis appears increasingly likely, as key Republican leaders, including Assembly Speaker Robin Vos, show a renewed interest in the initiative. A bill, mirroring the medical program approach of ...
Decade of Discovery, Cannabis Studies Amid Legalization
NEW YORK— A significant surge in scientific research related to cannabis has been noted in the past ten years, coinciding with widespread legalization movements across the United States. This trend was highlighted by NORML, a ...
Incannex’s Subsidiary Clarion Clinics Gains Ethics Endorsement for Psychedelic-Assisted Therapies
LOS ANGELES- Incannex Healthcare Ltd a clinical stage pharmaceutical development company, has announced a significant advancement in the field of psychedelic-assisted therapies. Its subsidiary, Clarion Clinics, received Human Research Ethics Committee (HREC) endorsement for administering ...
Rhode Island Exceeds $100 Million in First Year of Adult-Use Cannabis Sales
LOS ANGELES- In a remarkable economic achievement, Rhode Island has reported over $100 million in combined medical and adult-use cannabis sales during its inaugural year of legalized adult-use cannabis operations. This significant milestone underscores the ...
Ukraine Moves to Legalize Medical Cannabis
KIEV- In a landmark decision, Ukrainian lawmakers have passed a bill to legalize medical cannabis, marking a significant step in providing relief for patients suffering from cancer and post-traumatic stress disorder (PTSD). The bill, which ...
Mydecine Innovations Group Announces Major Patent Progress for Novel Psilocin Analog
LOS ANGELES- Mydecine Innovations Group Inc, a biotechnology company in mental health and addiction treatment, has recently announced a significant breakthrough. The United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance ...
Biden’s Groundbreaking Pardons Signal a Paradigm Shift in Cannabis Policy and Justice Reform
WASHINGTON, D.C. -- In a groundbreaking move addressing the historical injustices wrought by the nation's approach to cannabis, President Joe Biden has wielded his executive powers to grant pardons to thousands ensnared in the web ...
OPINION: How the CDTFA Bilked Millions from CA Cannabis Consumers and How We Stop Them
LOS ANGELES- The voter approved Prop 64 law granted California excise taxing authority on cannabis & cannabis products. The rate of 15% was originally to be collected by retailers. The statutory definition of this taxing ...
