Legal Affairs
Law Firm Warns of Bankruptcy Cliff for Hemp Sector
LOS ANGELES – A warning from a Cannabis law firm has drawn attention to a potential deadline facing parts of the hemp sector: businesses heavily involved in products that could become federally illegal after November ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
The Garden Returns: Spiritual Plants Launches a New Category of Plant Medicine Rooted in Ritual, Not Recreation
LOS ANGELES, CA — Spiritual Plants today announced its formal market entry as a belief-driven plant medicine platform built around ritual, intention, and repeatable practice—not recreational hype or potency escalation. Founded by cultural strategist and ...
Wyld Acquires Grön
SEATTLE – Wyld, a leading producer of THC-CBD-infused gummies and chocolates, announced its agreement to acquire Grön, a Portland-based maker of sugar-coated pearls and confections, in a move that unites two prominent players in the ...
Compass Pathways Schedules Webinar on Psilocybin Therapy Advances for Depression and PTSD
LONDON – Compass Pathways plans to hold a virtual webinar to outline its steps toward launching a psilocybin-based therapy for treatment-resistant depression (TRD) and to share details on upcoming trials for post-traumatic stress disorder (PTSD). ...
Alabama Tightens Hemp Laws, Moves Medical Cannabis Licenses Forward
MONTGOMERY – Alabama regulators ushered in 2026 with a crackdown on unregulated hemp products containing THC, while inching closer to launching a long-delayed medical Cannabis program that could serve thousands of patients by spring. The ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Federal rescheduling under President Trump’s Executive Order sparked widespread state reactions and investor outlooks into early 2026, blending consolidations and expansions with regulatory friction, outright manipulation, and overtures to public opinion. Psychedelics ...
Law Firm Warns of Bankruptcy Cliff for Hemp Sector
LOS ANGELES – A warning from a Cannabis law firm has drawn attention to a potential deadline facing parts of the hemp sector: businesses heavily involved in products that could become federally illegal after November ...
A LIFE IN A DAY: Craig Rose: Co-Founder & Chief Spiritual Creative: Spiritual Plants
In this edition of A LIFE IN A DAY, we catch up with Craig Rose, a founder and storyteller with a knack for walking straight into the conversations most people avoid—and in the pages that ...
The Garden Returns: Spiritual Plants Launches a New Category of Plant Medicine Rooted in Ritual, Not Recreation
LOS ANGELES, CA — Spiritual Plants today announced its formal market entry as a belief-driven plant medicine platform built around ritual, intention, and repeatable practice—not recreational hype or potency escalation. Founded by cultural strategist and ...
Stockton University to Offer New Undergraduate Degree in Cannabis Studies
LOS ANGELES- Stockton University in New Jersey is set to become the first school in the state to offer an undergraduate degree in cannabis studies. The Bachelor of Science in Hemp and Cannabis Business Management ...
Thailand’s Cannabis Advocates Rally Against Proposed Recreational Use Ban
BANGKOK — Two years after cannabis was decriminalized in Thailand, nearly a hundred advocates marched to the prime minister’s office on Monday to protest a possible ban on general use. This comes after the health ...
Arkansas Advocates Submit Over 111,000 Signatures for Medical Cannabis Expansion Initiative
LOS ANGELES- Arkansas advocates have submitted more than 111,000 signatures to support a ballot initiative aimed at significantly expanding the state's medical cannabis program. This initiative includes provisions to eliminate application fees for patients and ...
First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland
LOS ANGELES- Maryland's combined medical and adult-use retail cannabis sales have exceeded $1.1 billion in the first 12 months following legalization, Governor Wes Moore announced Wednesday. According to the Maryland Cannabis Administration, monthly retail sales ...
Florida Poll Shows Strong Support for Adult-Use Cannabis Legalization
LOS ANGELES- A new poll indicates that Florida’s constitutional amendment for the legalization of adult-use cannabis has garnered support from 64% of voters, surpassing the 60% threshold required for passage, as reported by Florida Politics. ...
Silo Pharma Secures Exclusive License for PTSD Treatment Development
LOS ANGELES- Silo Pharma, Inc. a developmental stage biopharmaceutical company, has announced an exclusive global license agreement with Columbia University to develop, manufacture, and commercialize its lead drug candidate, SPC-15. This intranasal treatment targets stress-induced ...
Minnesota Brewery Offers Hemp-Infused THC Drinks on Tap
LOS ANGELES- Minneapolis-based Headflyer Brewing has begun offering hemp-derived, THC-infused beverages on tap under a new state regulation that took effect July 1. Hemp-Infused THC Drinks Now Available On Tap Headflyer Brewing in northeast Minneapolis ...
Announcing: NEW Show on Highly Capitalized: ‘Inside Retail with Marty Higgins’: Insightful Conversations Exploring Cannabis Retail
LOS ANGELES — Introducing 'Inside Retail with Marty Higgins', a groundbreaking new show premiering exclusively on HighlyCapitalized.com. Set to air fortnightly, this panel series dives deep into the dynamic world of cannabis retail, featuring insights ...
Thai Cannabis Advocates Protest Potential Ban
BANGKOK — Nearly a hundred cannabis advocates marched to the Thai prime minister's office on Monday to protest a potential ban on general cannabis use, two years after its decriminalization. The protest followed a decision ...
Florida Voters to Decide on Amendment 3 for Recreational Cannabis Legalization
LOS ANGELES- Voters in Florida are approaching a pivotal decision on Amendment 3, which proposes to legalize recreational cannabis. Multiple polls indicate strong support for the amendment, suggesting it is likely to pass. Amendment 3 ...
Arkansas Groups Submit Signatures for Cannabis and Casino Proposals
LOS ANGELES- Supporters of proposals to expand Arkansas' medical cannabis program and repeal a casino license have submitted thousands of signatures to get their measures on the November ballot. Initiative organizers, including efforts to modify ...
Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market
LOS ANGELES- Delaware Governor John Carney, who previously opposed adult-use cannabis legalization, now faces the decision of whether to allow the state’s medical cannabis companies to transition into the forthcoming adult-use market. The General Assembly ...
Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes
NEW YORK- The Minnesota Department of Revenue reports that the state has generated $10,022,635 in taxes from hemp-derived THC products since the market launched nearly a year ago. This follows the state's legalization of adult-use ...
Clearmind Medicine Inc. Secures Patent Approval in Hong Kong for Binge Behavior Regulator
LOS ANGELES- Clearmind Medicine Inc., a clinical biotech company specializing in psychedelic-derived therapeutics, has announced a significant advancement in its MEAI-based binge behavior regulator program. The company received patent approval from the Hong Kong Patent ...
Maryland Cannabis Market Surpasses $1.1 Billion in First Year of Legalization
LOS ANGELES- Governor Wes Moore announced that Maryland's cannabis market achieved a significant milestone in its first year of legalization, with total medical and adult-use retail sales exceeding $1.1 billion. This reflects the state's commitment ...
Groundbreaking Belgian Study Explores Magic Mushrooms in Alcoholism Treatment
BRUSSELS- A pioneering clinical study at Brugmann Hospital in Brussels is exploring the use of psilocybin, the active ingredient in magic mushrooms, to treat alcohol addiction. Over the next two years, 62 participants will receive ...
Steps to Become a Medical Cannabis Patient in Minnesota
LOS ANGELES- Since 2015, Minnesota's Medical Cannabis Program has provided treatment options for individuals with debilitating medical conditions, aiming to improve their quality of life. The following information outlines the steps to become a patient ...
Kentucky Opens Applications for Medical Cannabis Business Licenses
LOS ANGELES- Kentuckians can now apply for cannabis business licenses, and medical providers can seek permission to prescribe cannabis through Kentucky’s Board of Medical Licensure and Board of Nursing. This follows the enactment of bipartisan ...
Global Medical Cannabis Market Projected to Reach $77.13 Billion by 2032
LOS ANGELES- The global medical cannabis market is expected to grow significantly, reaching a valuation of $77.13 billion by 2032 from $17.08 billion in 2023, driven by a compound annual growth rate (CAGR) of 18.24%, ...
Delaware Lawmakers Pass Bill to Enable Financial Services for Cannabis Businesses
LOS ANGELES- Delaware lawmakers recently passed legislation establishing protections for banks and other financial institutions to work with state-legal cannabis companies as the state prepares to launch its adult-use market. Protections for Financial Institutions The ...
Germany’s Cannabis Law: Maximizing Yield with the Three-Plant Limit
BERLIN — Germany’s new cannabis law, effective April 1, 2024, permits adults to grow up to three plants and possess up to 25 grams of cannabis for personal use. This regulation requires home cultivators to ...
California Pulls Cannabis Products from Shelves Due to Pesticide Concerns
LOS ANGELES- California this week ordered product recalls for five licensed cannabis products, including four vape pens and a vape cartridge, due to contamination with chlorfenapyr, a banned pesticide. These products, sold by West Coast ...
Evolving Hemp Regulations and Market Dynamics in Louisiana
LOS ANGELES- The hemp market is undergoing significant changes as new regulations affect how products are manufactured, sold, and consumed. The legal landscape shapes the future of hemp-derived products, necessitating staying updated on industry trends ...
Pesticide Scandal & Product Recalls Rocks California’s Cannabis Industry
LOS ANGELES--California's cannabis industry is reeling from a recent pesticide scandal that has undermined consumer confidence and highlighted regulatory shortcomings. An investigation by the Los Angeles Times, in collaboration with WeedWeek, revealed alarming levels of ...
The Demise of Chevron Deference: A New Era for Government Regulation and Its Impact on the Cannabis Industry
WASHINGTON, D.C. - In a landmark ruling, the Supreme Court has overturned a 40-year-old precedent known as "Chevron deference," which mandated that courts defer to the interpretations of federal agencies when a law is ambiguous, ...
