Legal Affairs
Cronos Introduces Premium Brand to Israeli Medical Cannabis Market
TORONTO – Cronos Group Inc. has launched its premium Cannabis brand in Israel, making five indoor-grown strains available to medical patients through pharmacies across the country. The announcement represents the latest step in Cronos' strategy ...
Washington Senate Committee Advances Home Cannabis Cultivation Bill
WASHINGTON – The Washington State Senate Labor & Commerce Committee has approved Senate Bill 6204, advancing legislation that would permit adults 21-plus to grow limited amounts of Cannabis at home for personal use. Introduced in ...
West Virginia and Mississippi Advance Ibogaine Research Bills
CHARLESTON–JACKSON – Lawmakers in West Virginia and Mississippi have advanced legislation to support research into ibogaine, a psychedelic compound derived from the iboga plant, with the goal of pursuing FDA approval for its use in ...
Chicago’s United Center Inks Deal with RYTHM Inc to Sell Hemp-Derived THC Beverages
CHICAGO – The United Center, the largest indoor entertainment arena in the United States and home to the Chicago Bulls and Blackhawks, has agreed to a multiyear partnership with Chicago-based RYTHM Inc. to sell hemp-derived ...
Village Farms Takes Top Honor at BC Export Awards
VANCOUVER – Village Farms International Inc. secured the 2026 BC Export Award in the Consumer Products category, presented by Business in Vancouver. The recognition highlights the company's sharp rise in international sales, with exports jumping ...
Chicago City Council Sets Intoxicating Hemp Products Off Limits, Beverages Still in The Game
CHICAGO – The City Council voted 32-16 to restrict sales of most intoxicating hemp-derived products across the city, carving out an allowance for THC-infused beverages while imposing immediate curbs on purchases by minors. The measure, ...
Florida Cannabis Initiative Nears Signature Goal
TALLAHASSEE – Organizers of a proposed constitutional amendment to legalize recreational Cannabis in Florida reported a sharp increase in verified voter signatures, bringing their total to 760,002 and narrowing the gap to the threshold needed ...
Cronos Introduces Premium Brand to Israeli Medical Cannabis Market
TORONTO – Cronos Group Inc. has launched its premium Cannabis brand in Israel, making five indoor-grown strains available to medical patients through pharmacies across the country. The announcement represents the latest step in Cronos' strategy ...
Washington Senate Committee Advances Home Cannabis Cultivation Bill
WASHINGTON – The Washington State Senate Labor & Commerce Committee has approved Senate Bill 6204, advancing legislation that would permit adults 21-plus to grow limited amounts of Cannabis at home for personal use. Introduced in ...
West Virginia and Mississippi Advance Ibogaine Research Bills
CHARLESTON–JACKSON – Lawmakers in West Virginia and Mississippi have advanced legislation to support research into ibogaine, a psychedelic compound derived from the iboga plant, with the goal of pursuing FDA approval for its use in ...
NYC Near-School Cannabis Dispensaries Avoid Shutdown or Relocation
NEW YORK – A significant number of New York’s licensed Cannabis dispensaries, previously at risk of closure for being too close to schools, have received a lifeline from state regulators. The Office of Cannabis Management ...
Aurora Launches Whistler Brand in Australia
EDMONTON – Aurora Cannabis Inc. announced the introduction of its Whistler Cannabis Co. brand to the Australian market, marking a significant step in its international expansion strategy. The launch brings two high-potency cultivars, Ginger Breath ...
BREAKING: Trump Signals Possible Cannabis Reclassification Within Weeks
LOS ANGELES- President Donald Trump said Monday that his administration is actively considering shifting Cannabis to a lower-risk category under federal law — a move that could have sweeping implications for the industry. Speaking at ...
Snoop Dogg’s Death Row Cannabis Enters Ohio Market
COLUMBUS – Death Row Records Cannabis, the Cannabis brand launched by rapper and entrepreneur Calvin Cordozar Broadus Jr., commonly known as Snoop Dogg, has expanded into Ohio through a partnership with Pure Ohio Wellness. This ...
Trump Considers Shift in Federal Cannabis Rescheduling
LOS ANGELES – President Donald Trump is exploring a move to reclassify Cannabis from Schedule I to Schedule III under federal law, according to a report from The Wall Street Journal. The potential policy shift, ...
Village Farms International Reports Q2 2025 Financial Results
VANCOUVER – Village Farms International, Inc. reported its financial results for the second quarter of 2025, indicating record profitability and performance of strategic shifts, including the privatization of parts of its produce segment, which has ...
Canopy Growth Corp Reports Q1 FY2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. released its financial results for the first quarter of fiscal year 2026, ending June 30, 2025, showcasing a 9% increase in net revenue to $72.1 million compared to $66.2 ...
Case Study: Grupo Flor: A Cannabis Turnaround Driven by Strategic Focus
SALINAS- When Mark Collins joined Grupo Flor as Chief Financial Officer, the California-based vertically integrated Cannabis company was in severe financial and operational distress. The business held multiple licenses across retail, cultivation, manufacturing, and distribution—far ...
Cannabis Stocks Rally as U.S. Rescheduling Debate Heats Up
LOS ANGELES — For the first time in more than a year, cannabis stocks are enjoying a sustained rally. Exchange-traded funds focused on the sector have climbed sharply in recent weeks, and several of the ...
Did Psilocybin Arrive From Outer Space? New Genomic Study Opens the Door to a Cosmic Possibility
LOS ANGELES — The psychedelic compound psilocybin has long intrigued researchers for its potential to treat mental health conditions, but a groundbreaking study is now shedding new light on where these mushrooms came from—and it’s ...
Will Hope Fuel Cannabis Industry Growth Beyond Q2 2025?
LOS ANGELES – If you’ve been scrolling through the latest updates on the Highly Capitalized Network’s website or LinkedIn, you’ve likely caught the wave of Q2 2025 earnings reports sparking cautious optimism across the Cannabis ...
TerrAscend Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Cresco Labs Reports Q2 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its Q2 2025 financial results, revealing a mix of operational stability, revenue headwinds, and a pivotal debt restructuring. The company reported revenues of $164 million, down 11% from $184 ...
The Cannabist Co Holdings Reports Q2 2025 Financial and Operational Results
CHELMSFORD – The Cannabist Company Holdings Inc., a leading U.S. Cannabis cultivator, manufacturer, and retailer, released its financial and operational results for the second quarter of 2025, indicating ongoing efforts to streamline operations and strengthen ...
MariMed Reports Q2 2025 Financial Results
NORWOOD – MariMed Inc. released its financial results for Q2 2025 ended June 30, reflecting a blend of operational growth and financial challenges. The company reported revenue of $39.6 million, a slight decline from $40.4 ...
Will the Hemp Beverage Category Still Be Here in 12 Months?
LOS ANGELES- Will the Hemp Beverage Category Still Be Here in 12 Months? That's not just a provocative question—it’s a quiet but growing concern across the hemp industry. After a explosive rise in popularity, hemp-derived THC ...
Verano Holdings Corp Reports Q2 2025 Financial Results
CHICAGO – Verano Holdings Corp., a multi-state Cannabis operator, released its financial results for the second quarter of 2025, reflecting a period of operational streamlining amid market challenges. The consolidated financial statements, prepared under U.S. ...
Curaleaf Reports Q2 2025 Financial Results
STAMFORD – Curaleaf Holdings, Inc., a major player in the global Cannabis market, released its financial and operational results for the second quarter of 2025, ending June 30, showcasing a blend of domestic resilience and ...
GTI Reports Q2 2025 Financial and Operational Results
CHICAGO & VANCOUVER – Green Thumb Industries Inc., a major player in the U.S. Cannabis market, national Cannabis consumer packaged goods (CPG) company, and operator of RISE Dispensaries, reported its financial and operational results for ...
Trulieve Cannabis Corp Reports Q2 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp., a major player in the U.S. Cannabis market, announced its financial and operational results for the second quarter of 2025, ending June 30, showcasing resilience and strategic progress. The company ...
Aurora Cannabis Reports Q1 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. (ACB), a leading Canadian Cannabis producer, announced its financial and operational results for the first quarter of fiscal 2026, ending June 30, 2025, showcasing robust growth in its medical Cannabis ...
AYR Wellness Exits Massachusetts in Broad Financial Restructuring
LOS ANGELES – AYR Wellness, a Miami-based multi-state Cannabis operator, is pulling out of Massachusetts as part of a bold restructuring to tackle its financial challenges. The company will close its 90,000-square-foot Milford cultivation facility, ...
Canopy Growth Expands its Presence in Australia
OTTAWA – Canopy Growth Corporation has introduced its Canadian-grown 7ACRES brand to the Australian medical Cannabis market, marking a strategic expansion of its global medical portfolio. The launch, announced on August 5, features two high-THC ...
