Legal Affairs
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
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 ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Pallas Capital Advisors LLC Increases Investment in Tilray Inc.
LOS ANGELES- Pallas Capital Advisors LLC has significantly increased its investment in Tilray Inc, a company in the cannabis industry. According to the firm's latest 13F filing with the Securities and Exchange Commission, Pallas Capital ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
PharmaCann and LivWell Enlightened Health Announce Planned Merger
CHICAGO & DENVER--PharmaCann, the largest privately held, vertically integrated cannabis company in the United States, and LivWell Enlightened Health, a multi-state cannabis cultivation and retail leader based in Colorado, today announced that they have entered ...
Snoop’s VC Casa Verde Targets Booming European Cannabis Industry
LISBON–US rap artist Snoop Dogg is the co-founder of Casa Verde, a vulture capital (VC) fund based in Los Angeles that focuses on the cannabis industry. He's now turning his attention to Europe. Casa Verde ...
Azuca Introduces Innovation for Infused Chocolate
NEW YORK - Azuca announced its new solution for edibles manufacturers, Azuca Chocolate Activator™ powered by TiME INFUSION™. The patent-pending infusion process is designed to alleviate the challenges of making an infused chocolate for manufacturers, ...
Ayurcann Holdings Corp. Rolls Out Medical Cannabis Strategy
PICKERING, ON - Ayurcann Holdings Corp. (CSE: AYUR) (FSE: 3ZQ0) a Canadian cannabis extraction company focus in the processing of cannabis and hemp for the production of oils and various derivative products, announced that it ...
AceCann Closes $15M in Seed Financing to Produce Organic Flower and Extracts for Europe
LISBON, PORTUGAL - European medical cannabis company AceCann announced the closing of a $15M (USD) round of Seed financing. The funding round was led by venture firm Casa Verde with participation from Portuguese venture capital ...
Treez Enters Colorado Cannabis Market with the Go-Live Implementation of its Cloud Retail Commerce Platform
SAN FRANCISCO - Treez (www.treez.io), a private company and provider of an enterprise cloud platform that streamlines end-to-end commerce in the cannabis market, announced entry into the state of Colorado with the completed implementation of ...
Harborside Announced Planned Commercial-Scale Renewable Energy Microgrid Project
OAKLAND, Calif. - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced plans to install an onsite renewable energy microgrid that is expected to include 4.9 MW of solar panels and 6 MWh ...
Cannabis Brand House TREC Brands to Acquire Licensed Producer Agripharm Corp.
TORONTO - Socially-conscious cannabis brand house TREC Brands announced it has entered into a definitive agreement to acquire Agripharm Corp., a licensed producer of consumer cannabis products with existing provincial supply agreements covering 75% of ...
Sana Botanicals, LLC Announced the Launch of FORCE™ 3000mg Full-Spectrum 30ml CBD Tincture at $29.99
JOELTON, Tenn. - Sana Botanicals, LLC's founding member and product marketing specialist, Will Daugherty, announced that Sana Botanicals is releasing their most powerful, full-spectrum CBD tincture at $29.99 retail pricing. After five years of making ...
Maine’s Cannabis Industry Reports $59 million In First Year Of Sales
AUGUSTA– The Maine Office of Marijuana Policy published sales data from the first full year since adult-use sales began. Maine's adult-use cannabis industry reported more than $58 million in sales in its first year of ...
Governor Newsom Vetoes Cannabis Billboard Advertising
SACRAMENTO– A bill attempting to permit advertising cannabis on billboards in California, was vetoed by Gov. Gavin Newsom last Friday. The bill would have allowed cannabis products to be advertised on freeway billboards in most ...
Cannabis Test Kits Start Sale To Parents in Advance of Halloween
SAN DIEGO - A company called Verifique announced they have Halloween cannabis Test Kits. Their service went live the week of October 5, and their kits are aimed at parents across North America in preparation ...
Cannabis Capital Markets Roundup Week Ending October 8th, 2021
NEW YORK- Welcome to the week that was on Highly Capitalzied. Here's a round up of latest financial news moving the cannabis stock markets. Week ending October 8th, 2021. 1) Tilray Inc (NASDAQ:TLRY) Tilray's Q.1 revenue ...
On November 2nd, Detroiters Can Vote Yes on Proposal E To Decriminalize Plant Based Medicine
DETROIT - According to Michigan law, cannabis, psilocybin and other plant based medicines are currently listed as schedule 1 controlled substances. That means you can be arrested and face massive fines and extensive jail time ...
Sunniva Announces Change of Auditor
VANCOUVER, BC - Sunniva Inc. (CSE: SNN) (OTC Pink Sheets: SNNVF) announced that the board of directors of the Company has appointed GreenGrowth, Chartered Professional Accountants, as the Company's new auditor, replacing MNP LLP, Chartered ...
California’s Assembly Bill 45 Formally Permits CBD Sales, Elixinol Upgrades E-commerce Capabilities
SYDNEY - Elixinol Wellness Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to communicate that Assembly Bill 45 (AB45) was signed into law by Californian Governor, Mr Gavin Newsom on 6 October 2021, establishing ...
Adastra Announces Supply & Purchase Agreement with Sitka Weed Works
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) announced it has signed a definitive agreement with Sitka Weed Works Inc. regarding the supply of cannabis grown by Sitka. Sitka is a cultivator and ...
AskGrowers Celebrates Hispanic Heritage Month in the Cannabis Industry
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has interviewed Hispanic leaders in the cannabis industry in honor of Hispanic Heritage ...
Kill Cliff Launches ”The Grapest” CBD Drink With Mishka
LOS ANGELES - Kill Cliff is launching The G.O.A.T., the Grapest of all-time, in an exclusive collaboration with one of the artist consortiums in the world, Mishka. For Kill Cliff, this latest CBD drink is ...
4Front Ventures Announces Acquisition of Massachusetts Based New England Cannabis Corporation
PHOENIX, Ariz - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a multi-state cannabis operator and retailer, announced that it has signed definitive agreements on October 6, 2021, to acquire New England Cannabis Corporation, a ...
GrowGeneration Signs Distribution Agreement with Groundwork BioAg
DENVER, Colo. and MAZOR, Israel - GrowGeneration Corp. (NASDAQ: GRWG) a company with specialty in hydroponic and organic garden centers, and Groundwork BioAg, a bio-agriculture company, announced that they have entered into a distribution agreement ...
MediaJel Partners with Smart AdServer
WALNUT CREEK, Calif. - MediaJel, the digital marketing and programmatic software platform for regulated brands, announced an exclusive partnership with Smart AdServer, an independent ad monetization platform. With a shared vision to level-set the adtech ...
Healist Advanced Naturals Releases Limited-Edition Product in Honor of World Mental Health Day
NEWPORT BEACH - Healist Advanced Naturals, wellness brand under the parent company Kadenwood, announced the launch of a limited-edition CBD product line in support of World Mental Health Day on October 10, 2021. The launch ...
Charlotte’s Web Begins Retail Expansion in California
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The Law formally permits retail sale of products containing ...
Trulieve Expands Access to Medical Cannabis with Reopening of Dispensary in North Port, Florida
TALLAHASSEE–(CSE: TRUL) (OTCQX: TCNNF), the largest multi-state operator (MSO) in the United States, today announced the reopening of a dispensary in North Port, Florida. The Sarasota-area dispensary is Trulieve's 92nd location in Florida and was formerly branded as ...
