Legal Affairs
Rubicon Completes First Harvest at New Cascadia Facility in British Columbia
VANCOUVER, BC – Rubicon Organics Inc. has reached a key operational step with the completion of its first harvest at the newly acquired Cascadia facility in Hope, British Columbia. The company announced this milestone the ...
GTI Secures $50M Credit Boost
CHICAGO – Green Thumb Industries Inc. has increased its syndicated credit facility by $50 million, raising the total borrowing capacity to $189 million. This incremental draw carries the same market-competitive terms as the original September ...
Obituary: Barbara Webb: A Leader in Cannabis
From the Editorial Team at Highly Capitalized Network OBITUARY- Barbara Lynne (Christenson) Webb passed away on November 23, 2025, in Traverse City, Michigan, surrounded by her close family. Within the Cannabis industry Barbara was known ...
SAM in Action: How Dark Money Fuels Prohibitionists Attacks
LOS ANGELES – A noticeable uptick in anti-Cannabis content has appeared on social platforms lately, flooding threads with posts on scromiting, schizophrenia, psychosis risks, outdated research, recycled study headlines, and new ballot proposals surfacing in ...
CMS Finalizes Rule for Medicare CBD Coverage Pilot
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) has finalized regulations enabling a pilot program for federal health insurance coverage of hemp-derived CBD products, according to a recent statement from an executive at ...
Missouri Cannabis Sales Hit Record $1.5B in 2025
JEFFERSON CITY – Missouri's regulated Cannabis market posted its strongest year yet in 2025, with retailers recording approximately $1.5 billion in total sales, according to figures from the Missouri Department of Health and Senior Services. ...
New Hampshire House Advances Bill to Regulate Medical Psilocybin Use
CONCORD – The New Hampshire House of Representatives has given initial approval to a bipartisan measure that would establish a state program allowing supervised therapeutic access to psilocybin for qualifying medical conditions. House Bill 1809, ...
Rubicon Completes First Harvest at New Cascadia Facility in British Columbia
VANCOUVER, BC – Rubicon Organics Inc. has reached a key operational step with the completion of its first harvest at the newly acquired Cascadia facility in Hope, British Columbia. The company announced this milestone the ...
GTI Secures $50M Credit Boost
CHICAGO – Green Thumb Industries Inc. has increased its syndicated credit facility by $50 million, raising the total borrowing capacity to $189 million. This incremental draw carries the same market-competitive terms as the original September ...
Obituary: Barbara Webb: A Leader in Cannabis
From the Editorial Team at Highly Capitalized Network OBITUARY- Barbara Lynne (Christenson) Webb passed away on November 23, 2025, in Traverse City, Michigan, surrounded by her close family. Within the Cannabis industry Barbara was known ...
DCC and Metrc Advance California Cannabis Safety with QR Recalls
LAKELAND – In a move aimed at strengthening public health protections in the state's regulated Cannabis sector, Metrc has introduced a new recall notification system tied to its Metrc Retail ID™ QR codes. The feature, ...
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
Trump’s Potential Cannabis Rescheduling Sparked Stock Rise and Industry Uncertainty
LOS ANGELES – On August 11, 2025, President Donald Trump’s public comments on potentially rescheduling Cannabis from Schedule I to Schedule III under the Controlled Substances Act skyrocketed Cannabis stocks. The AdvisorShares Pure U.S. Cannabis ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
Crafting Cannabis Excellence: How Quality Builds Lasting Brands
In the bustling Cannabis market, where fierce competition and economic pressures have driven prices down, many products risk blending into a sea of sameness. Yet, a select group of companies stands out by prioritizing premium ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
LEEF Brands Reports Q2 2025 Financial Results
VANCOUVER – LEEF Brands Inc. disclosed its second-quarter financials, showing steady revenue gains offset by squeezed margins and ongoing losses. The company reported $8.7 million in revenue for the period ended June 30, a 10% ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
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 ...
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 ...
Rubicon Organics Reports Q2 2025 Financial Results
VANCOUVER, BC – Rubicon Organics Inc., a leading Canadian producer of premium organic Cannabis, announced financial results for the second quarter ending June 30, 2025. The company reported net revenue of $15 million, a 24% ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Lively discussions were fueled last week by policy developments, financial reports, and strategic expansions in the Cannabis and Psychedelics industries. From federal rescheduling debates to global market moves, the Highly Capitalized Network ...
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 ...
High Tide Enters German Medical Cannabis Market with Remexian Majority Stake Acquisition
CALGARY – High Tide Inc., a leading Canadian Cannabis retailer, announced its strategic entry into Germany’s medical Cannabis market through a 51% acquisition of Remexian Pharma GmbH, a Frankfurt-based pharmaceutical wholesaler. The deal, valued at ...
Germany’s Medical Cannabis Imports Hit Record in Q2 2025, Sparking Debate Over Misuse
BERLIN – Germany’s medical Cannabis market continues to set records, with imports reaching 43.3 tons in the second quarter of 2025, according to data from the Federal Institute for Drugs and Medical Devices (BfArM). This ...
Cresco Labs Strengthens Financial Position with $325 Million Senior Secured Term Loan Refinancing
CHICAGO – Cresco Labs Inc. announced the closing of a significant refinancing transaction, marking a strategic move towards long-term balance sheet stability. The company successfully replaced its previous $360 million senior secured credit facility with ...
Planet 13 Reports Q2 2025 Financial Results
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated multi-state Cannabis operator, released its Q2 2025 financial results, reflecting a challenging quarter marked by market pressures and strategic adjustments. The company reported revenue of ...
Organigram Reports Q3 FY2025 Financial Results
TORONTO – Organigram Global Inc. announced record financial results for its third quarter of fiscal 2025, ending June 30, 2025. The company achieved significant growth in revenue and adjusted EBITDA, driven by strategic acquisitions and ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
