Legal Affairs
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 ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed suit against New York regulators on Friday, claiming a state error in enforcing school buffer zones threatens their operations and could force closures or costly ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
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 ...
NYC Dispensaries Seek Justice in Court Over Schools Proximity Blunder
NEW YORK – A coalition of licensed Cannabis dispensaries filed suit against New York regulators on Friday, claiming a state error in enforcing school buffer zones threatens their operations and could force closures or costly ...
Cannabist Finalizes Pennsylvania Dispensary Sale, Prioritizing Wholesale Model
NEW YORK – The Cannabist Company Holdings Inc., a major player in the U.S. Cannabis sector, has completed the sale of its Pennsylvania retail operations for $10 million in cash. The buyer, VP Investment Holdings ...
Hemp Tea Market to Reach $392.8 Million Globally, by 2031
PORTLAND, Ore. - Allied Market Research published a report, titled, "Hemp Tea Market by Distribution Channel (Online/Direct-to-Consumer, Convenience Stores, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global hemp tea ...
CBD and Anxiety: A better future for patients awaits?
Today we would like to highlight a very important pilot study done in Australia led by Orygen, about the use of CBD in treatment resistant anxiety in young people. The Cannabidiol Youth Anxiety Pilot Study(1) ...
Jushi Expects to Bring Clean Water to More than 3,000 People Across Six Countries
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), multi-state cannabis operator, announced it will fund seven different clean water projects in Gambia, India, Malawi, Senegal, South Sudan and Uganda, via its newly ...
Good Supply Cannabis Brand Reveals New Fall Flower Launches and Expands Distribution of High-Potency Products
TORONTO - Tilray Brands, Inc.(Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life today announced the expansion of Good Supply’s ...
The Future of Cannabis is in Clinical Trials
BOSTON–You may not be surprised by the following statement: The future of the cannabis industry will inevitably involve clinical research. So, what steps is the industry taking to keep up with the upcoming demands of ...
71% of Americans Believe Cannabis Legalization Improves the Economy
ST. LOUIS - As the U.S. battles economic uncertainty and the upcoming midterm elections loom, the majority of Americans (71%) believe that legalizing cannabis improves states' economies, according to a new report from Real Estate ...
What Comes Next In The International Cannabis Industry?
NEW YORK- In mid-July of this year, Skyquest released a report in which they forecast that the global cannabis market will attain a market size of $197.75 billion by 2028, at a CAGR of 32.04% ...
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.
SMITHS FALLS, ON, Oct. 25, 2022 Growth Corporation and Canopy USA, LLC Today announced that each of the Company and Canopy USA has filed an early warning report under National Instrument 62-103 - The Early ...
Canopy Growth to Fast Track Entry into the U.S. Cannabis Market
SMITHS FALLS, ONTARIO October 25, 2022 Canopy Growth Corporation today announced a strategy to accelerate its entry into the U.S. cannabis industry and unleash the value of its full U.S. cannabis ecosystem through the creation of ...
Study Reveals the Best and Worst Cities for a Cannabis Vacation
AUSTIN Travel information industry leader Upgraded Points just released new data revealing the best and worst U.S. cities for a 'Canna-cation,' including the most and least expensive cities to explore bud. The travel experts analyzed ...
Curaleaf Expands Brand Portfolio With Launch of Find™ Cannabis Flower
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of Find, a cannabis flower brand designed to provide consumers with high ...
The Worldwide Medical Marijuana Industry is Expected to Reach $40 Billion by 2028
Dublin - The medical marijuana market was valued at US$ 11,706.50 million in 2021 and is likely to reach value of US$ 40,027.59 million by 2028; it is estimated to grow at a CAGR of ...
United States Medical Cannabis Taxation Policy/Regulatory Report 2022
Dublin - This report focuses only on state taxation of medical cannabis. On the federal level, there is no excise tax on cannabis, as it is a controlled substance. Cannabis businesses must still pay income ...
Oldham Global and Project Wave: The Future of the International Cannabis Market
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
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, ...
