Legal Affairs
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 ...
St. Louis Dispensary Chain Faces Lawsuit Over Unpaid Cannabis Product Invoices
LOS ANGELES- Curio Manufacturing, a cannabis supplier, has filed a lawsuit against Heya Missouri Holdings, alleging nonpayment for cannabis products valued at $61,126. The lawsuit claims that Curio shipped these products to Heya's three dispensary ...
California’s Cannabis Excise Tax Increase Sparks Industry Concerns
LOS ANGELES- Effective July 1, 2025, California's cannabis excise tax will rise from 15% to 19%, as mandated by Assembly Bill 195 signed in 2022. This adjustment, announced by the California Department of Tax and ...
Calgary Authorizes Cannabis Sales at Adults-Only Events
LOS ANGELES- Calgary City Council has approved amendments to the Business Licence Bylaw, permitting licensed cannabis retailers to operate temporary sales at adults-only events, such as festivals and outdoor shows. This decision aligns the city's ...
Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement
LOS ANGELES- Christina Lake Cannabis Corp. has completed the first tranche of its non-brokered private placement, issuing 22,778,211 units at a price of CAD $0.05 per unit, totaling approximately CAD $1.14 million. Each unit comprises ...
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 ...
Akerna Flash Report: Stimulus Checks Landing on St. Patrick’s Day Prompt Largest Cannabis Sales Day of 2021
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning/ ERP software technology, MJ Platform, shows that Wednesday, March 17th, St Patrick's ...
Green Thumb Industries to Open 55th ”Rise” Dispensary, in Illinois
CHICAGO and VANCOUVER, BC – Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries (example in photo), today announced Rise Lake in the Hills, ...
Empire State on Verge of Legalizing Recreational Cannabis
NEW YORK – On Wednesday this week, Governor Andrew Cuomo said New York were close to an agreement legalizing recreational cannabis, and that it’s one of New York's key budget priorities. State Senator, Liz Krueger ...
Zenabis Announces Launch of Re-Up Pre-Roll Multipacks
VANCOUVER, BC– Zenabis Global Inc. (TSX: ZENA) announced the launch of pre-roll multipacks as well as new distribution agreements. Zenabis' continues to expand on the popularity of its value-oriented Re-Up portfolio with the launch of its new 10 ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a good fit for the global cannabis industry. In the first two ...
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
CALGARY, AB– High Tide (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of Smoke ...
Curaleaf Introduces “Select Squeeze” THC Beverage Enhancer
WAKEFIELD, Mass.– Curaleaf (CSE: CURA /OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, has launched Select Squeeze, a fast-acting THC-infused beverage enhancer featuring Nano-emulsification technology. In addition to the product's innovative nature, the debut ...
MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results
NORWOOD, Mass.– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today reported financial and operating results for the three and twelve-month periods ended December 31, 2020. Fourth Quarter 2020 ...
Legendary Street Artist JonezyArtwork and Unite Vapeware Collaborate to Bring Urban Art to the Cannabis Vape Industry
SACRAMENTO– Unite Vapeware, a leading California-based designer, manufacturer, and supplier of high-end vape-related products has teamed up with famed street artist "JonezyArtwork" to create the "Unite Artist Collection". The collaboration was designed to allow consumers ...
El Blunto Partners with Papa’s Select For Limited Edition 420 Cannabis Cigars
LOS ANGELES– El Blunto, one of California's top blunt producers, announces the release of two special edition El Blunto cannabis cigars made with top-shelf flower and infused with Papa's Select premium living extracts. This marks ...
Harborside Secures $12 Million Revolving Credit Facility
OAKLAND– (CSE: HBOR) (OTCQX: HBORF), Harborside, a California-focused, vertically integrated cannabis business, announced it has entered into a loan financing arrangement with a commercial federally regulated bank, in the amount of US$12 million due March 2024. Harborside ...
Trulieve Reports Fourth Quarter and Full-Year 2020 Results
TALLAHASSEE– (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter and year ended December 31, 2020. The Company became a U.S. reporting company ...
Khiron Medical Cannabis Products Arrive in Germany for Immediate Prescription, Sale and Distribution
TORONTO–Khiron Life Sciences Corp. ("Khiron" or the "Company") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, is pleased to announce that the Company has ...
GrowGeneration Acquires Agron.io B2B Integrated Platform
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Agron.io, a leading wholesale agriculture platform that allows commercial growers to manage their purchasing and ...
Yooma Wellness Inc. Acquires Socati Corp. In US$25MM Transaction
TORONTO– Yooma Wellness Inc. (CSE: YOOM), an emerging marketer and distributor of cannabinoid and hemp-derived wellness products, today announced that it acquired Socati Corp., a U.S. based manufacturer and seller of premium-quality cannabinoid ingredients and ...
Alcanna & YSS Corp. Close Reverse Takeover To Create “Nova Cannabis Inc.”
EDMONTON and CALGARY, AB, – Alcanna Inc. (TSX: CLIQ) and YSS Corp. (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) announce the completion of their business combination previously announced on January 18, 2021, which resulted in ...
FDA Warns Companies Illegally Selling Over-the-Counter CBD Products for Pain Relief
SILVER SPRING, Md.,– The U.S. Food and Drug Administration has issued warning letters to two companies for selling products labeled as containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act ...
Akerna Announces Financial Results for the Quarter Ended December 31, 2020
DENVER–Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider and developer of seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), today reported its unaudited financial results for the quarter ended December 31, 2020. "In ...
Greenrose SPAC Acquires 4 Cannabis Businesses Creating New Vertically Integrated Company
AMITYVILLE, N.Y.– Greenrose Acquisition Corp. (NASDAQ: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies ...
War On Drugs Ends For Residents Of Cambridge Massachusetts
CAMBRIDGE – Cambridge's City Council agreed 8-1 last month with an order written by councillor Jivan Sobrinho-Wheeler that the city make arresting adults with controlled substances “amongst the lowest law enforcement priority” and that the ...
California Cannabis Equity Grants Program Provides $15 Million in Grant Funding for Local Jurisdictions
Sacramento, CA – The Governor’s Office of Business and Economic Development (GO-Biz), in partnership with the Bureau of Cannabis Control, today announced $15 million in grant funding through the Cannabis Equity Grants Program for Local Jurisdictions. ...
Nabis Announces Exclusive Partnership with PLUS to Distribute All THC Products in California
OAKLAND– Nabis, one of California's cannabis wholesale marketplaces, announced today that the company entered into an exclusive partnership with Plus Products Inc. (CSE: PLUS) to provide licensed distribution for their cannabis products in California. "PLUS ...
SAFE Banking Act for Cannabis Industry Reintroduced in House
WASHINGTON, D.C.–Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY), and Warren Davidson (R-OH) reintroduced the Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections for financial institutions serving cannabis-based businesses ...
Curaleaf’s Select Brand Introduces “Select Fresh” Line in 10 States
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced the latest addition to its suite of products with Select Fresh, which will make history ...
