Legal Affairs
REVIEW: CannBev Summit-Recap from Brandon Bobart
MIAMI - The CannaBev Summit in Miami Beach took place at a pivotal moment for the hemp-derived THC beverage industry. The uncertainty referenced throughout the event is regulatory and political. Specifically, it centers on whether ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
Indiana Residents Voice Strong Support for Medical and Recreational Cannabis Legalization
INDIANAPOLIS – A recent survey of Hoosier voters indicates broad agreement on expanding access to Cannabis, with 84% in favor of medical use and 59% supporting recreational legalization. The findings, drawn from the 2025 Hoosier ...
Bipartisan Bill Aims to Push Back Hemp Ban for Two Years
WASHINGTON – A group of lawmakers from both parties filed legislation seeking to push back a forthcoming federal prohibition on certain hemp-derived products until late 2028, offering the industry a brief reprieve to adjust operations. ...
U.S. Legal Cannabis Sales Hit $2.3B in December, Lifting 2025 Total to $27B
LOS ANGELES – Legal Cannabis sales across the United States reached $2.3 billion in December, pushing the full-year figure for 2025 to $27 billion. The month’s tally edged out November’s $2.2 billion and aligned closely ...
California DCC Grants $1.8M to UC Berkeley and Glass House Brands for Cannabis Yield Study
LONG BEACH – State regulators have awarded $1.8 million to a partnership between the University of California Berkeley and Glass House Brands to study variations in Cannabis crop yields across cultivation methods, a move that ...
REVIEW: CannBev Summit-Recap from Brandon Bobart
MIAMI - The CannaBev Summit in Miami Beach took place at a pivotal moment for the hemp-derived THC beverage industry. The uncertainty referenced throughout the event is regulatory and political. Specifically, it centers on whether ...
What’s it Like Being a Black Entrepreneur in Cannabis?
COLUMBUS, OHIO- Although I was born and raised in Cleveland, my journey as a black entrepreneur in Cannabis didn’t start in a dispensary or at a grow facility. It actually started in culture, in music. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – It's been another fortnight, and the numbers, the deals, and the science keep telling the same story: the Cannabis & Psychedelics space is not slowing down. A few from the MSOs pack ...
The Silent Company Killer: How Distraction Undermines Cannabis Businesses (and Why Focus is Key)
LOS ANGELES- In the ever-evolving landscape of the cannabis industry, staying on the path to success can be a daunting challenge. Cannabis entrepreneurs and operators face myriad hurdles, from shifting regulations to fierce competition. However, ...
When Cost Savings Are a False Economy for Hard-Pressed Cannabis Operators
LOS ANGELES-In the fast-evolving cannabis industry, operators are constantly seeking ways to stay competitive and maximize profits. Amidst the pressure to cut costs and increase efficiency, it's easy for cannabis operators to fall into the ...
Banks Surge Toward Cannabis Businesses Anticipating Federal Regulatory Shifts
LOS ANGELES- The US Department of Treasury is witnessing an unprecedented surge in requests from banking institutions eager to engage with cannabis businesses, according to data from the Financial Crimes Enforcement Network (FinCEN). This rush ...
Navigating the Green Wave: Key Considerations for Cannabis Operators in Company-Wide Restructuring
LOS ANGELES- The cannabis industry has experienced unprecedented growth and transformation in recent years, driven by changing regulations and shifting consumer attitudes. As the market matures, cannabis operators are increasingly looking to streamline operations, improve ...
Aeroponic Techniques Set to Transform Cannabis Cultivation
LOS ANGELES- In an industry marked by its ever-shifting cultivation practices, Eden Grow Systems is leading the charge with its innovative aeroponic cannabis cultivation techniques. Unlike the conventional practices which rely heavily on soil or ...
Congress Considers Bill to Limit Federal Overreach in Psilocybin-Permitting States
WASHINGTON — Congress is set to discuss a newly introduced bill aiming to curb federal intervention in states and localities where psilocybin mushrooms have been legalized or decriminalized. The bill, termed the Validating Independence for ...
Cybin Inc. Advances in Psilocybin Research with Completion of Phase 2 Study Enrollment
LOS ANGELES- Cybin Inc. (CYBN) announced the successful enrollment completion in its Phase 2 study of CYB003, a novel deuterated psilocybin analog, which is being assessed for potential treatment benefits in Major Depressive Disorder (MDD). ...
The Netherlands Sets December Launch for Cannabis Pilot Program in Breda and Tilburg
AMSTERDAM — The Netherlands has designated December 15 as the inception date for its highly anticipated cannabis pilot program, set to commence in the cities of Breda and Tilburg. This experiment, previously slated to begin ...
The Promise of Psychedelic Therapies for Seniors: More than Just a Trip Down Memory Lane
LOS ANGELES- The intersection of aging and mental health has always been a focal point for researchers. With a burgeoning elderly population, the emphasis on promoting healthy aging has never been more critical. Enter psychedelic ...
Republican Lawmakers Urge DEA to Retain Cannabis as Schedule I Substance
LOS ANGELES- In a formal communication to Anne Milgram, Administrator of the Drug Enforcement Administration (DEA), a group of 14 Republican lawmakers has voiced their concerns against a recommendation by the Department of Health and ...
California Governor Gavin Newsom to Decide on 17 Cannabis and Psychedelic Bills
SACRAMENTO, — As the California State Legislature session drew to a close on September 14, Governor Gavin Newsom received over 17 bills related to cannabis or psychedelics, all waiting for his potential signature. These bills ...
Kentucky Commission Ponders Ibogaine as a Potential Treatment for Opioid Addiction
LEXINGTON. — In an effort to tackle the persistent issue of opioid addiction, the Kentucky Opioid Abatement Advisory Commission is exploring the potential of ibogaine, a naturally occurring psychedelic. During a recent session, the commission ...
Filament Health Subsidiary, Psilo Scientific, Acquires Coca Leaves for Neuropsychiatric Research
VANCOUVER, — Magdalena Biosciences, in collaboration with Filament Health and Jaguar Health Inc., has imported coca leaves into Filament's research facility located in Vancouver. The acquisition, facilitated under the authorization of the Peruvian Health Authority, ...
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 ...
