Legal Affairs
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, launched a new service this week aimed at treating gynecological and hormonal disorders with therapies involving Cannabis. The initiative marks the first of its kind ...
The Geneva Opium Conference and The Century-Long Campaign Against Cannabis
LOS ANGELES – In the early 20th century, a pivotal moment in the global history of Cannabis regulation unfolded at the Geneva Opium Conference, held from November 1924 to February 1925. Organized by the League ...
Missouri Cannabis Sales Fall to $118.9M in September
ST. LOUIS – Retailers in Missouri reported $118.9 million in Cannabis sales for September, a drop from the previous month's total and the second-lowest figure of the year so far. The decline of about 9% ...
Cannabis Stocks Surge After Trump Champions CBD for Seniors — But Is It Another False Dawn?
LOS ANGELES- Cannabis and hemp company shares surged Monday after President Donald Trump publicly endorsed cannabidiol (CBD) as a potential game changer for senior healthcare. His remarks, shared on Truth Social, called for CBD to ...
Cracking the Code to California Cannabis Success: Anaheim Hosts Market Spotlight on October 8
LOS ANGELES- California is the largest Cannabis market in the world, setting trends that shape global culture, regulation, and business strategy. On October 8, 2025, leaders from across the industry will gather in Anaheim for ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up September 2025, it's clear the U.S. Cannabis sector is buzzing with a mix of encouraging expansion signs and sobering challenges, ranging from record-breaking sales in emerging markets to the frustrating ...
Colorado Wholesale Cannabis Prices Hit Record Low
DENVER – Wholesale prices for Cannabis flower in Colorado have sunk to $649 per pound, matching the state's lowest level on record, even as the number of licensed growers has shrunk by a quarter over ...
Alternaleaf Rolls Out Targeted Cannabis Program for UK Women’s Health Issues
LONDON – Alternaleaf, the United Kingdom's online medical Cannabis clinic, launched a new service this week aimed at treating gynecological and hormonal disorders with therapies involving Cannabis. The initiative marks the first of its kind ...
The Geneva Opium Conference and The Century-Long Campaign Against Cannabis
LOS ANGELES – In the early 20th century, a pivotal moment in the global history of Cannabis regulation unfolded at the Geneva Opium Conference, held from November 1924 to February 1925. Organized by the League ...
Missouri Cannabis Sales Fall to $118.9M in September
ST. LOUIS – Retailers in Missouri reported $118.9 million in Cannabis sales for September, a drop from the previous month's total and the second-lowest figure of the year so far. The decline of about 9% ...
Arizona Governor Signs Bill Allowing MDMA Therapy for First Responders with PTSD
LOS ANGELES- Arizona Governor Katie Hobbs has signed a bill into law that enables firefighters and peace officers with post-traumatic stress disorder (PTSD) to receive workers' compensation coverage for MDMA therapy, contingent upon federal legalization. ...
Dutch Government Extends Cannabis Regulation Trial to Eight Additional Cities
LOS ANGELES- The Dutch government's ongoing trial to regulate the adult-use cannabis industry has been expanded to include eight more cities, bringing the total number involved to ten. Initially launched in Breda and Tilburg in ...
The True Cost of Cheap Nutrients: Why Premium Products Matter in Cannabis Cultivation
LOS ANGELES — In the competitive world of cannabis cultivation, maximizing yield per plant is paramount. However, the choice of nutrients remains a divisive issue, with many growers opting for cheaper options, mistakenly believing they ...
Ohio Approves Initial Dispensary Applications for Recreational Cannabis Market
LOS ANGELES- The Ohio Division of Cannabis Control (DCC) has approved applications for 20 dispensaries, marking the initial step toward commencing recreational cannabis sales in the state. The DCC has received a total of 235 ...
Brazilian Supreme Court Votes to Decriminalize Cannabis Possession
SAO PAOLO- In a landmark decision, Brazil's Supreme Federal Court (STF) has voted to decriminalize the possession of cannabis for personal use, marking a significant departure in the country's approach to drug policy. The ruling, ...
North Carolina Senate Advances Medical Cannabis Legislation
LOS ANGELES- For the second consecutive year, the North Carolina Senate has approved language to legalize medical cannabis, the Associated Press reports. Despite the Senate's approval, the bill's future in the House remains uncertain, as ...
MindBio Therapeutics Releases Positive Results from Phase 2A LSD Microdose Trial
LOS ANGELES- Canadian psychedelics firm MindBio Therapeutics Corp. on Friday released durability results from its Phase 2A trial for its patented take-home microdose version of lysergic acid diethylamide (LSD), designed to treat depression with "sub-hallucinogenic" ...
Verano Holdings Corp. Announces $50 Million Share Repurchase Program
LOS ANGELES- Verano Holdings Corp., a player in the U.S. cannabis industry, has announced its first-ever share repurchase program, committing up to $50 million to buy back its publicly traded Class A subordinate voting shares. ...
Advanced Nutrients Propels Flower of Life Michigan to Market Leadership
LOS ANGELES – In a market hit hard by falling cannabis prices, Flower of Life Michigan faced a potential business collapse. Brothers Devin and Donovan Murphy, the driving forces behind the company, turned a crisis ...
Announcing: NEW Show on Highly Capitalized: “Inside Cannabis with Daniela Williams”
LOS ANGELES — Highly Capitalized Network is excited to announce the launch of a new online news show, “Inside Cannabis with Daniela Williams,” set to air fortnightly on Highly Capitalized Network. This show will delve ...
Aurora Cannabis Reports Q4 2024 Financial Results
LOS ANGELES- Aurora Cannabis Inc. a Canada-based medical-focused cannabis company, has announced its financial results for the fourth quarter of fiscal 2024. The company reported revenue of $55.9 million, marking a 5% increase from $53.2 ...
Arizona Governor Vetoes Psilocybin Treatment Centers Bill
LOS ANGELES- Arizona Governor Katie Hobbs vetoed a bill on June 18 that would have permitted the use of psilocybin in designated treatment centers. The vetoed House Bill 1570 proposed $5 million in annual funding ...
Cannabis Legalization Yields Over $20 Billion in Tax Revenue
LOS ANGELES- The wave of cannabis legalization across the United States is creating a significant economic impact, with legalized states collectively generating over $20 billion in tax revenue from adult-use cannabis sales. This milestone not ...
Colorado Survey Shows Significant Drop in Teen Cannabis Use
LOS ANGELES- The latest Healthy Kids Colorado Survey reveals a notable decline in cannabis use among high school students, with a 37% decrease in reported use over the past month from 2013 to 2023. Additionally, ...
Inspector General Calls for Receiver for Dysfunctional Massachusetts Cannabis Control Commission
LOS ANGELES- The Massachusetts Cannabis Control Commission (CCC) is in such disarray that lawmakers need to appoint a receiver to manage the regulatory agency, according to a recent letter from the state's inspector general. Inspector ...
Dutch State Committee Report on MDMA Highlights Public Health and Therapeutic Uses
LOS ANGELES- On June 6, 2024, the Dutch State Committee MDMA presented its report titled "MDMA: Beyond Ecstasy" to the Dutch Minister of Medical Care. The six-member committee, chaired by Brigit Toebes and co-chaired by ...
New York Task Force Shuts Down Over 100 Illegal Cannabis Dispensaries in Three Weeks
LOS ANGELES- Since its inception three weeks ago, New York’s task force dedicated to shutting down illegal cannabis dispensaries has closed 114 storefronts. The enforcement actions, which have led to the seizure of more than ...
California State Fair Introduces Cannabis Sales and Consumption Area
LOS ANGELES- This year’s California State Fair, beginning July 12 in Sacramento, will feature cannabis sales and a designated consumption area, signaling the growing acceptance of cannabis in mainstream America. This marks the first time ...
Highly Capitalized: ‘Inside Cultivation with Advanced Nutrients’
LOS ANGELES — Highly Capitalized Network is thrilled to introduce “Inside Cultivation with Advanced Nutrients,” a new online news show that will air fortnightly on HighlyCapitalized.com. This program aims to provide deep insights into cannabis ...
Psilocybin Study Highlights Potential for Psychiatric Treatment
LOS ANGELES- A recent study available through the National Library of Medicine provides new insights into the use of psilocybin for treating psychiatric disorders and its potential in psychedelic-assisted psychotherapy. This study is the first to ...
High Tide Inc. Secures $15 Million Financing to Support Canadian Expansion
LOS ANGELES- High Tide Inc., known for its innovative approach to cannabis retailing, has announced a significant financial maneuver to facilitate its growth plans across Canada. Under the leadership of CEO Raj Grover, the company ...
Texas Judge Dismisses Lawsuit Against Local Cannabis Reforms
LOS ANGELES- A Texas judge has dismissed a lawsuit by Attorney General Ken Paxton that sought to nullify voter-approved local cannabis decriminalization ordinances in Austin, Denton, Elgin, Killeen, and San Marcos. Last week, a Texas ...
Study Shows Reduced Opioid Prescriptions Near Cannabis Dispensaries
LOS ANGELES- A recent study has found that communities in Oregon with cannabis dispensaries nearby have lower rates of opioid prescriptions. The research, titled “Recreational cannabis dispensary access effects on prescription opioid use and mortality,” ...
Minnesota Codifies Ban on Cannabis Odor as Sole Reason for Searches
LOS ANGELES- Minnesota lawmakers have codified a Minnesota Supreme Court decision that prevents law enforcement from using the smell of cannabis as the sole basis for searching a vehicle. This decision follows the legalization of cannabis ...
AMA Approves Support for Drug Decriminalization
LOS ANGELES- The American Medical Association (AMA) voted to support drug decriminalization at its annual House of Delegates meeting in Chicago on June 12. MD/PhD candidate Ryan Englander highlighted the inefficacy of the war on ...
