Legal Affairs
Tokyo Smoke Closes Toronto Locations Amid Industry Challenges
LOS ANGELES- Tokyo Smoke, a prominent cannabis retailer, has reportedly ceased operations at all its Toronto outlets. This development aligns with a broader trend of cannabis store closures across Canada, reflecting the industry's evolving landscape. ...
Anna Kole Joins Highly Capitalized Network-HCN to Help Lead Content Development and Distribution
FOR IMMEDIATE RELEASE LOS ANGELES — Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries is excited to welcome Anna Kole as their new Content Editing ...
Innovative Cannabis-Derived Compound Offers Pain Relief Without Psychoactive Effects
LOS ANGELES- Researchers at Washington University School of Medicine in St. Louis and Stanford University have developed a novel compound that replicates the pain-relieving properties of cannabis without inducing psychoactive side effects or addiction. ...
The Rise of Cannabis Beverages: Trends and Market Insights for 2025
LOS ANGELES - Cannabis beverages are gaining traction in the health and wellness industry as a new way to deliver cannabinoid benefits. As 2025 approaches, this market is projected to grow significantly, evolving consumer preferences ...
Poland’s Medical Cannabis Prescriptions Decline Amid Regulatory Changes
LOS ANGELES- Recent regulatory changes in Poland have led to a significant decrease in medical cannabis prescriptions. In August 2023, the Ministry of Health implemented a regulation requiring physicians to verify a patient's medication history ...
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Tokyo Smoke Closes Toronto Locations Amid Industry Challenges
LOS ANGELES- Tokyo Smoke, a prominent cannabis retailer, has reportedly ceased operations at all its Toronto outlets. This development aligns with a broader trend of cannabis store closures across Canada, reflecting the industry's evolving landscape. ...
Anna Kole Joins Highly Capitalized Network-HCN to Help Lead Content Development and Distribution
FOR IMMEDIATE RELEASE LOS ANGELES — Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries is excited to welcome Anna Kole as their new Content Editing ...
Innovative Cannabis-Derived Compound Offers Pain Relief Without Psychoactive Effects
LOS ANGELES- Researchers at Washington University School of Medicine in St. Louis and Stanford University have developed a novel compound that replicates the pain-relieving properties of cannabis without inducing psychoactive side effects or addiction. ...
The Worldwide Cannabis Industry is Projected to Reach $82.3 Billion by 2027
DUBLIN - The global cannabis market is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value. The market is ...
Goodness Growth Holdings Commences Litigation Against Verano for unlawful termination of Arrangement Agreement
MINNEAPOLIS - Goodness Growth Holdings, Inc.(CSE: GDNS; OTCQX: GDNSF), announces that it has commenced an action in the Supreme Court of British Columbia against Verano Holdings Corp., seeking damages after Verano wrongfully terminated the share ...
AWH Commences Medical Operations in Pennsylvania
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator focused on bettering lives through cannabis, has announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend ...
Hemp Environmental Control System Market Size to Reach USD 14.58 Billion by 2030
Newark - As per the report published by The Brainy Insights, the global hemp environmental control system market is expected to grow from USD 3.95 billion in 2021 to USD 14.58 billion by 2030, at ...
The Cannabis Cultivation Market Is Set To Grow At A 15% Rate Due To The Adoption Of Cannabis In Disease Treatment
LONDON - According to The Business Research Company’s research report on the cannabis cultivation market, adoption of cannabis for the treatment of chronic diseases is expected to propel the growth of the cannabis cultivation market ...
Ayr Wellness Introduces its National Portfolio of Brands to New Jersey Menus
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the rollout of several brands from its national portfolio to the New Jersey market. New Jersey cannabis consumers can now ...
Green Thumb to Launch “RISE Express” Dispensaries in Florida
CHICAGO and VANCOUVER, British Columbia, Oct. 19, 2022 Green Thumb Industries Inc. (Green Thumb) Today announced plans to expand its medical retail footprint in Florida through a lease agreement with Circle K, the global convenience store ...
California Attorney General Bonta Announces Eradication of Nearly One Million Cannabis Plants as Part of Interagency Effort to Combat Illegal Market
CALIFORNIA, Oct. 21, 2022, California Attorney General Rob Bonta today announced the eradication of nearly one million illegally cultivated cannabis plants and the seizure of more than 200,000 pounds of illegally processed cannabis as part ...
LIFE IN A DAY: Vassili Kotlov: President at Impact Naturals
“A Life In A Day” is one of the most popular articles on Highly Capitalized. Life In A Day is a series of articles where we highlight personalities & leaders in the cannabis & psychedelics ...
A LIFE IN A DAY: Patrick Moher: President at Microdose
As a dynamic and socially-conscious entrepreneur, Patrick uses creativity and a passion for human connectivity to unite individuals across social and corporate spectrums. His superpower is making solid introductions that create meaningful outcomes and amplify ...
Increasing Use Of CBD Oil In Skincare Products To Treat Acne And Wrinkles, To Drive Growth Of The Global CBD Market
Pune - Тhе process of research on particular market elaborate the study of both impact; positive or negative on industry or market globally. While research report includes various factors such as hіѕtоrісаl dаtа, tесhnоlоgісаl іnnоvаtіоnѕ, ...
Service List Expands Due to Growing Demand in the Cannabis Industry
OKLAHOMA CITY - According to a study by BofA Securities, the U.S. Cannabis industry saw a 67% revenue jump in 2020, and another 40% leap in 2021. These massive surges in interest took it far ...
Global Cannabidiol Legalization Trend to Shape the CBD Market’s Future Growth
SAN ANTONIO - The acceptance of cannabidiol (CBD) as an ingredient for supplements, food and beverages (F&B), and personal care products attracts the participation of large companies in the CBD market. Frost & Sullivan's recent ...
Cannabis Testing Lab Detects Crop-Destroying Viroid in California
IRVINE, Calif., Oct. 18, 2022 Purity Medical Laboratories is now offering hop latent viroid (HpLVd) testing to assist growers in identifying and eliminating a devastating viroid that occurs worldwide. Hop latent viroid, a plant pathogen, ...
PHCO2 Offers Aquazome, a Water-Soluble CBD/High Cannabinoid Ingredient Solution
NORTH ANDOVER, Mass., Oct. 18, 2022 PHCO2, Announces another offering that is: Aquazome, a water-soluble CBD ingredient. Aquazome can be used in many applications—from beverages (coffee, functional drinks), edibles, and lotions to water-soluble CBD tinctures, capsules and ...
CNBX Files New PCT Patent Application For Cannabinoids-Based Neoadjuvant Cancer Therapy
REHOVOT, Israel and BETHESDA, MD., Oct. 18, 2022 CNBX Pharmaceuticals Inc. A development of cancer related cannabinoid-based medicine, announced today that the Company has filed a new patent application titled " COMPOSITIONS COMPRISING CANNABINOIDS AND METHODS OF USE THEREOF ...
Aurora Announces Unprecedented Fall Product Release Across Adult-Use and Medical Markets
EDMONTON, AB - Aurora Cannabis (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced a new and unprecedented fall lineup of cannabis products. New flower products include three unique and ...
Neptune Announces Binding Agreement for Divestiture of Cannabis Assets
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT), a health and wellness company, announced today that is has entered into a binding agreement to divest its cannabis business which includes the cannabis plant in ...
Technological Advances Help Better Regulate Cannabis and Alcohol Consumption
NEW YORK - The cannabis industry has grown rapidly in recent years, and as a result, there are concerns over possible cannabis abuse. One of the major concerns over cannabis abuse revolves around operating a ...
Canadian Minister of Health Issues Statement on Fourth Anniversary of Legalization of Cannabis
OTTAWA, ON, Oct. 17, 2022 Today, the Minister of Health and the Minister of Mental Health and Addictions and Associate Minister of Health issued the following statement about the Cannabis Act: The Cannabis Act came into force, putting ...
A LIFE IN A DAY: Bill Oldham, CEO From Oldham Global
Mr. Oldham has more than 25 years of experience as an investor, serial entrepreneur, executive, and consultant, building two $100M companies from scratch, and working and managing companies with global reach in Europe, Africa, and ...
CBD Oil Market Size Worth $15+ Billion, Globally, by 2028 at 31+% CAGR
NEW YORK - The Insight Partners published latest research study on "CBD Oil Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, ...
Verano Repudiates Transaction to Acquire Goodness Growth Holdings
MINNEAPOLIS, Minn. and VANCOUVER, British Columbia - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) announces today that on October 13th, 2022, Verano Holdings Corp. delivered notice to Goodness purporting to terminate the arrangement agreement ...
Arcview Cannabis Investment Forum Returns To New York City
NEW YORK – Next week, October 19-21, 2022 Arcview Events & Experiences makes their return back to New York City, the Financial Capital of the world. It's been three long years since they had their ...
GreenBroz Unveils Automated M+ Trimming System
LAS VEGAS, Oct. 13, 2022 GreenBroz Inc. A post-harvest cannabis processing technology, announced an updated version of its M+ Trimming System -- the first fully automated trimming system on the market. Designed to yield a better user experience and ...