Consumer Research
Planet 13 Reports Q3 2025 Financial Results
LAS VEGAS – Planet 13 Holdings Inc., a multistate Cannabis ...
Verano Launches Dispensary in Restored Ohio Train Depot
CHICAGO – Verano Holdings Corp. marked another step in its ...
Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood
LOS ANGELES – Glass House Brands Inc. began trading on ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
DaySavers Introduces ‘Higher Potential’ Scholarship with Over $25,000 in Cannabis Education Awards
LOS ANGELES- DaySavers, the pre‑roll accessories brand under Custom Cones USA, has launched its inaugural Higher Potential Cannabis Education Scholarship—a collective effort backed by industry partners, offering more than $25,000 in financial support for current ...
California Farmworker Dies Following Greenhouse Fall During Chaotic ICE Raid
LOS ANGELES- A 57‑year‑old farmworker, identified as Jaime Alanis Garcia, has died from injuries sustained after falling approximately 30 feet from a greenhouse roof during a July 10 ICE-led raid at a Glass House Farms ...
Verano Elevates James Leventis to Chief Strategy & Compliance Officer
LOS ANGELES- Verano Holdings Corp. Announced the promotion of James Leventis to Chief Strategy and Compliance Officer. Leventis, a licensed attorney with nearly 15 years of experience across the healthcare, pharmaceutical, consulting, and cannabis sectors, has ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and ...
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 ...
Wyoming Considers Banning Hemp-Derived THC Products for Human Consumption
CHEYENNE. — A draft bill recently introduced in Wyoming is proposing to ban products derived from hemp that contain detectable amounts of tetrahydrocannabinol (THC), the psychoactive component typically found in cannabis. This initiative, if enacted, ...
FARRIS FORWARD: Cannabis operators: How to forge ahead in uncertain times with confidence!
FARRIS FORWARD: Welcome to Farris Forward, a new series of articles curated by Jon Farris and distributed by Highly Capitalized. The series highlights the insights and strategies being deployed by industry insiders and experts, offering ...
Enveric Biosciences Attains Landmark US Patent for Psilocybin-Derived Mental Health Treatments
LOS ANGELES- In a significant stride towards revolutionizing treatments for mental health disorders, Enveric Biosciences disclosed that it has secured a pivotal patent from the United States Patent and Trademark Office. Granted on September 12, ...
A Glance at Denmark’s Cannabis Destruction Data: Implications for the Medical Pilot Program
COPENHAGEN- Reporting from MJBizDaily shows tat Denmark destroyed 100 tonnes of cannabis, the article went on to describe how Denmark has a cannabis industry, recent data released by the Danish Parliament’s Health Committee has brought ...
Rapid Therapeutic Science Laboratories Faces SEC Lawsuit Over Alleged Fraudulent Activities
LOS ANGELES- In a significant development in the business world, the U.S. Securities and Exchange Commission (SEC) has brought charges against Texas-based Rapid Therapeutic Science Laboratories Inc. and its founder, Donal Schmidt Jr., accusing them ...
Bipartisan Efforts Surge to Reform Federal Cannabis Regulations and Enhance Industry Safety
LOS ANGELES-- In a significant bipartisan move, the House of Representatives Oversight and Accountability Committee advanced the Cannabis Users’ Restoration of Eligibility (CURE) Act, a pivotal piece of legislation seeking to modify federal employment guidelines ...
FARRIS FORWARD: Surviving a Down Market: 7 Tips for Cannabis Operators
FARRIS FORWARD: Welcome to Farris Forward, a new series of articles curated by Jon Farris and distributed by Highly Capitalized. The series highlights the insights and strategies being deployed by industry insiders and experts, offering ...
California Moves to Broaden Cannabis Consumer Rights with New Bills
LOS ANGELES- California lawmakers are moving forward with legislation aimed at enhancing the rights of cannabis consumers. Two significant bills have advanced to Governor Gavin Newsom's desk, which could potentially alter the current state of ...
SEC Files Lawsuit Against Rapid Therapeutic Science Laboratories Alleging Fraudulent Operations
LOS ANGELES- The U.S. Securities and Exchange Commission (SEC) has formally accused Texas-based company, Rapid Therapeutic Science Laboratories, and its founder, Donal Schmidt Jr., of engaging in a multi-faceted securities fraud and violations amounting to ...
NewLake Capital Partners Advances Revenue Strategy Amid Nascent U.S. Cannabis Sector
LOS ANGELES- The U.S. cannabis industry, which is in its nascent stages of development, has been shadowed by a perception of elusive profitability, regarded by investors as a distant goal rather than a current reality. ...
Clearmind Medicine Inc. Navigates Choppy Financial Waters, Raising $2.25M in U.S. Public Offering
LOS ANGELES- In a critical move to stabilize its financial position, psychedelic pharmaceutical biotech firm Clearmind Medicine Inc. has successfully completed a public offering exclusive to the United States, amassing approximately $2.25 million in funds. ...
Oklahoma Supreme Court Sidesteps Lawsuit on Escalated Cannabis Business Licensing Fees
OKLAHOMA CITY- In a significant development, the Oklahoma Supreme Court has decided not to hear a lawsuit challenging the hike in medical cannabis business fees, maintaining that the fees instituted by the Oklahoma Medical Marijuana ...
Cannabis Stocks Surge Amidst Favorable Regulatory Signals
NEW YORK, NY–In recent days, cannabis stocks have been on an upward trajectory, buoyed by positive regulatory developments. This rally has sparked optimism among investors, particularly in the Canadian Licensed Producers (LPs) and U.S. Multistate ...
Canopy Growth Foresees Strengthened Financial Position with $50 Million Private Placement
LOS ANGELES– In a significant move underscoring its commitment to fortifying its financial foothold, Canopy Growth Corporation, a player in the North American cannabis and consumer packaged goods sector, announced on Monday its entry into ...
COMPASS Pathways Secures $285 Million in Funding to Propel Psychedelic Research for Mental Health
LOS ANGELES- COMPASS Pathways, a biotechnology company at the forefront of mental health innovation, recently secured $285 million in private financing to further its research into the potential benefits of psychedelic medicines. The infusion of ...
Columbia Care Advances Financial Strategy with $25 Million Private Placement
NEW YORK - Columbia Care Inc., a cultivator, manufacturer, and retailer of cannabis products in the U.S, has embarked on the next stage of its strategy to enhance its balance sheet, commencing with a private ...
Curaleaf Employees in Phoenix Stage Strike Demanding Fair Contract Negotiations
PHOENIX- Employees at a Curaleaf Holdings Inc. dispensary in Phoenix took a bold step last Friday, initiating a strike aimed at pushing the company's executives to actively engage in contract negotiations. This marks a historic ...
Chicago City Council Ponders Restrictions on Sale of Hemp-Derived THC Products
CHICAGO CITY- In a bid to address what is being termed as "a public health crisis" related to the unregulated sale of hemp-derived products containing THC variants like delta-8, delta-10, and THC-O, the Chicago City ...
Florida’s Cannabis Industry Flourishes Amid Market Fluctuations and Prospective Mergers
LOS ANGELES-- Florida's burgeoning medical cannabis industry, already valued at over $1.4 billion, is witnessing a period of robust growth, driven not only by an increasing number of patient registrations but also by an expansion ...
Oklahoma’s New Tiered Fee Structure for Cannabis Operators Faces Legal Challenge
OKLAHOMA CITY- In the unfolding legal landscape surrounding the medical cannabis industry in Oklahoma, the state Supreme Court has recently opted not to hear a challenge to a new law that significantly alters the fee ...
New Horizon in Federal Drug Policy: Anticipated Rescheduling of Cannabis May Herald Transformative Changes
LOS ANGELES --In a move signaling potential transformative shifts in federal drug policy, the Department of Health and Human Services (HHS) has urged the Drug Enforcement Administration (DEA) to revisit the categorization of cannabis under ...
Senate Bill 58 Holds the Potential to Usher in a New Era of Psychedelic Medicine and Policy Reform
LOS ANGELES-- In a historic maneuver that might change the trajectory of mental health treatment and drug policy in the Golden State, California inches closer to embracing the potential therapeutic benefits of psychedelics. Spearheaded by ...
Revitalization of Cannabis Industry through Amsterdam-Style Social Cafes
LOS ANGELES- In an effort to revitalize the state's cannabis industry and bolster tourism in dormant urban areas, California assemblymember Matt Haney (D-San Francisco) has introduced legislation that may potentially reshape the existing cannabis marketplace. ...
New York to Jumpstart Cannabis Industry with New Licensing Regulations Starting October 4
NEW YORK- In a move to revitalize the cannabis industry in New York, the state has announced plans to commence the acceptance of cannabis industry applications from the general public and current medical cannabis companies ...
Virginia’s New THC Limits on Hemp Products Face Federal Lawsuit Amid Concerns of Industry Setback
LOS ANGELES-- In a recent development that underscores the ongoing debates surrounding the regulation of hemp products, a federal lawsuit has been filed against the state of Virginia, challenging the newly instituted THC limits on ...
