M4MM
Compass Pathways Advances Psilocybin Therapy Timeline for Depression Treatment
LONDON & NEW YORK – Compass Pathways reported Q3 2025 financial results and signaled a faster path to market for its lead psilocybin-based therapy in treatment-resistant depression (TRD). The biotechnology firm now targets commercialization readiness ...
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
New Mexico Cannabis Market Edges Toward $2B in Total Sales
ALBUQUERQUE – New Mexico's Cannabis industry has recorded $1.9 billion in combined medical and adult-use sales since recreational legalization took effect in April 2022, according to the latest figures from the state’s Regulation and Licensing ...
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 ...
Glass House Brands Reports Q2 2025 Financial Results
LONG BEACH and TORONTO – Glass House Brands Inc., a leading vertically integrated Cannabis operator in the US, unveiled its second-quarter 2025 financial statements, showing impressive growth in key areas despite ongoing market pressures and ...
Psychedelics Market Set to Reach $22.6 Billion by 2033, Report Finds
NEW YORK – A recent report by Research and Markets reveals the current global psychedelic drugs market is valued at $7.4 billion and is projected to hit $22.6 billion by 2033, exhibiting a substantial compound ...
High Tide Enters German Medical Cannabis Market with Remexian Majority Stake Acquisition
CALGARY – High Tide Inc., a leading Canadian Cannabis retailer, announced its strategic entry into Germany’s medical Cannabis market through a 51% acquisition of Remexian Pharma GmbH, a Frankfurt-based pharmaceutical wholesaler. The deal, valued at ...
Compass Pathways Advances Psilocybin Therapy Timeline for Depression Treatment
LONDON & NEW YORK – Compass Pathways reported Q3 2025 financial results and signaled a faster path to market for its lead psilocybin-based therapy in treatment-resistant depression (TRD). The biotechnology firm now targets commercialization readiness ...
Missouri Trade Group Report Finds 96% of Tested Hemp Products Exceed THC Thresholds
KANSAS CITY – A new investigation by the Missouri Cannabis Trade Association (MoCannTrade) has concluded that nearly all hemp-derived products sold at unregulated retailers in the state contain illegal levels of THC, raising questions about ...
New Mexico Cannabis Market Edges Toward $2B in Total Sales
ALBUQUERQUE – New Mexico's Cannabis industry has recorded $1.9 billion in combined medical and adult-use sales since recreational legalization took effect in April 2022, according to the latest figures from the state’s Regulation and Licensing ...
Oklahoma’s New Tiered Fee Structure for Cannabis Operators Faces Legal Challenge
OKLAHOMA CITY- In the unfolding legal landscape surrounding the medical cannabis industry in Oklahoma, the state Supreme Court has recently opted not to hear a challenge to a new law that significantly alters the fee ...
New Horizon in Federal Drug Policy: Anticipated Rescheduling of Cannabis May Herald Transformative Changes
LOS ANGELES --In a move signaling potential transformative shifts in federal drug policy, the Department of Health and Human Services (HHS) has urged the Drug Enforcement Administration (DEA) to revisit the categorization of cannabis under ...
Senate Bill 58 Holds the Potential to Usher in a New Era of Psychedelic Medicine and Policy Reform
LOS ANGELES-- In a historic maneuver that might change the trajectory of mental health treatment and drug policy in the Golden State, California inches closer to embracing the potential therapeutic benefits of psychedelics. Spearheaded by ...
Revitalization of Cannabis Industry through Amsterdam-Style Social Cafes
LOS ANGELES- In an effort to revitalize the state's cannabis industry and bolster tourism in dormant urban areas, California assemblymember Matt Haney (D-San Francisco) has introduced legislation that may potentially reshape the existing cannabis marketplace. ...
New York to Jumpstart Cannabis Industry with New Licensing Regulations Starting October 4
NEW YORK- In a move to revitalize the cannabis industry in New York, the state has announced plans to commence the acceptance of cannabis industry applications from the general public and current medical cannabis companies ...
Virginia’s New THC Limits on Hemp Products Face Federal Lawsuit Amid Concerns of Industry Setback
LOS ANGELES-- In a recent development that underscores the ongoing debates surrounding the regulation of hemp products, a federal lawsuit has been filed against the state of Virginia, challenging the newly instituted THC limits on ...
California on the Verge of a Psychedelic Paradigm Shift: Senate Bill 58 Awaits Governor’s Decision
LOS ANGELES- In a move that signals a potential paradigm shift in drug policy and mental health treatment, California stands on the cusp of decriminalizing several psychedelic substances, thanks to the persistent efforts of Senator ...
Maine’s Recreational Cannabis Sector Flourishes
LOS ANGELES- In the state of Maine, the burgeoning adult-use cannabis sector is witnessing a significant uptick in sales, reaching a pinnacle in August with revenues exceeding $21 million, as per data released by the ...
Anticipating the Green Rush: New York Sets the Stage for Cannabis Expansion
NEW YORK - In a pivotal move, the New York Cannabis Control Board has greenlit a comprehensive set of regulations that lays the foundation for a significant expansion of the Empire State's burgeoning cannabis industry. ...
Verano Challenges Alabama Medical Cannabis Commission Over Revoked Business License
LOS ANGELES- Verano, a player in the cannabis industry, has launched a legal battle against the Alabama Medical Cannabis Commission, following the revocation of its business license due to a discrepancy in the application score ...
Senator Sherrod Brown Foresees Progress on Cannabis Banking Reform Amid Political Uncertainties
LOS ANGELES-- In a recent interview with Punchbowl News on Monday, US Senator Sherrod Brown, a Democrat and the Chair of the Senate Banking Committee, expressed optimism regarding the forward movement of cannabis banking reform, ...
UK Home Affairs Committee Advocates for Expanded Access to Medical Cannabis Products through NHS
LOS ANGELES-- In a recent development, the United Kingdom's Home Affairs Committee has urged the government to broaden the accessibility of unlicensed cannabis-based products for medical use through the National Health Service (NHS) before the ...
Michigan’s Cannabis Market Holds Steady: A Glimpse into the State’s Flourishing Industry
LOS ANGELES-- In a recent report from the Michigan Cannabis Regulatory Agency, the state's cannabis market demonstrated a robust performance, maintaining a steady pace in sales throughout August. According to the data, sales in August ...
Analysis: One of Three Cannabis Stocks Stands Out Amid Market Volatility
NEW YORK, NY–In a whirlwind morning of trading, cannabis investors found themselves on a roller-coaster ride, with shares of prominent cannabis companies Tilray Brands, Canopy Growth, and Aurora Cannabis experiencing significant price fluctuations in just ...
FARRIS FORWARD: Navigating the Volatile Waters of the Cannabis Industry: A Guide for Operators
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 ...
