M4MM
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Politics & Policy with Jeff Guillot: The Architecture of Cannabis Regulatory Frameworks
FOR IMMEDIATE RELEASE NEW YORK — Highly Capitalized Network-HCN proudly announces the launch of a new original podcast, "Politics & Policy with Jeff Guillot," dedicated to politics, legislation, and the evolving cannabis industry landscape in ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Cybin CEO to Discuss Medical Innovation at Milken Institute Global Conference
LOS ANGELES- Cybin Inc. a neuropsychiatry company, announced that its Chief Executive Officer, Doug Drysdale, will participate in a panel discussion at the 28th Annual Milken Institute Global Conference. The panel, titled "The Global Landscape ...
Regulatory Advances Propel Global Medical Cannabis Market Growth
LOS ANGELES- The global medical cannabis market is experiencing significant growth, driven by regulatory reforms and increased acceptance of cannabis-based therapies. According to the "Medical Marijuana - Global Strategic Business Report 2025," the market was ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Aeroponic Techniques Set to Transform Cannabis Cultivation
LOS ANGELES- In an industry marked by its ever-shifting cultivation practices, Eden Grow Systems is leading the charge with its innovative aeroponic cannabis cultivation techniques. Unlike the conventional practices which rely heavily on soil or ...
Congress Considers Bill to Limit Federal Overreach in Psilocybin-Permitting States
WASHINGTON — Congress is set to discuss a newly introduced bill aiming to curb federal intervention in states and localities where psilocybin mushrooms have been legalized or decriminalized. The bill, termed the Validating Independence for ...
Cybin Inc. Advances in Psilocybin Research with Completion of Phase 2 Study Enrollment
LOS ANGELES- Cybin Inc. (CYBN) announced the successful enrollment completion in its Phase 2 study of CYB003, a novel deuterated psilocybin analog, which is being assessed for potential treatment benefits in Major Depressive Disorder (MDD). ...
The Netherlands Sets December Launch for Cannabis Pilot Program in Breda and Tilburg
AMSTERDAM — The Netherlands has designated December 15 as the inception date for its highly anticipated cannabis pilot program, set to commence in the cities of Breda and Tilburg. This experiment, previously slated to begin ...
The Promise of Psychedelic Therapies for Seniors: More than Just a Trip Down Memory Lane
LOS ANGELES- The intersection of aging and mental health has always been a focal point for researchers. With a burgeoning elderly population, the emphasis on promoting healthy aging has never been more critical. Enter psychedelic ...
Republican Lawmakers Urge DEA to Retain Cannabis as Schedule I Substance
LOS ANGELES- In a formal communication to Anne Milgram, Administrator of the Drug Enforcement Administration (DEA), a group of 14 Republican lawmakers has voiced their concerns against a recommendation by the Department of Health and ...
California Governor Gavin Newsom to Decide on 17 Cannabis and Psychedelic Bills
SACRAMENTO, — As the California State Legislature session drew to a close on September 14, Governor Gavin Newsom received over 17 bills related to cannabis or psychedelics, all waiting for his potential signature. These bills ...
Kentucky Commission Ponders Ibogaine as a Potential Treatment for Opioid Addiction
LEXINGTON. — In an effort to tackle the persistent issue of opioid addiction, the Kentucky Opioid Abatement Advisory Commission is exploring the potential of ibogaine, a naturally occurring psychedelic. During a recent session, the commission ...
Filament Health Subsidiary, Psilo Scientific, Acquires Coca Leaves for Neuropsychiatric Research
VANCOUVER, — Magdalena Biosciences, in collaboration with Filament Health and Jaguar Health Inc., has imported coca leaves into Filament's research facility located in Vancouver. The acquisition, facilitated under the authorization of the Peruvian Health Authority, ...
Wyoming Considers Banning Hemp-Derived THC Products for Human Consumption
CHEYENNE. — A draft bill recently introduced in Wyoming is proposing to ban products derived from hemp that contain detectable amounts of tetrahydrocannabinol (THC), the psychoactive component typically found in cannabis. This initiative, if enacted, ...
FARRIS FORWARD: Cannabis operators: How to forge ahead in uncertain times with confidence!
FARRIS FORWARD: Welcome to Farris Forward, a new series of articles curated by Jon Farris and distributed by Highly Capitalized. The series highlights the insights and strategies being deployed by industry insiders and experts, offering ...
Enveric Biosciences Attains Landmark US Patent for Psilocybin-Derived Mental Health Treatments
LOS ANGELES- In a significant stride towards revolutionizing treatments for mental health disorders, Enveric Biosciences disclosed that it has secured a pivotal patent from the United States Patent and Trademark Office. Granted on September 12, ...
A Glance at Denmark’s Cannabis Destruction Data: Implications for the Medical Pilot Program
COPENHAGEN- Reporting from MJBizDaily shows tat Denmark destroyed 100 tonnes of cannabis, the article went on to describe how Denmark has a cannabis industry, recent data released by the Danish Parliament’s Health Committee has brought ...
Rapid Therapeutic Science Laboratories Faces SEC Lawsuit Over Alleged Fraudulent Activities
LOS ANGELES- In a significant development in the business world, the U.S. Securities and Exchange Commission (SEC) has brought charges against Texas-based Rapid Therapeutic Science Laboratories Inc. and its founder, Donal Schmidt Jr., accusing them ...
Bipartisan Efforts Surge to Reform Federal Cannabis Regulations and Enhance Industry Safety
LOS ANGELES-- In a significant bipartisan move, the House of Representatives Oversight and Accountability Committee advanced the Cannabis Users’ Restoration of Eligibility (CURE) Act, a pivotal piece of legislation seeking to modify federal employment guidelines ...
