M4MM
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 ...
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 ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
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 ...
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 ...
European Cannabis Consumption and Regulation
LOS ANGELES-- An extensive report released by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) sheds light on the current state of cannabis consumption and regulation across the European Union. According to the ...
Kernel’s Flow Technology Shows Promise in Analyzing Brain Changes After Ketamine Administration
LOS ANGELES-- A recently published study has revealed promising results for Kernel's Flow technology system, demonstrating its capacity to capture and analyze brain changes following the administration of ketamine, a psychoactive substance. The research, published ...
New York Cannabis Regulators Introduce “Cannabis Showcase” Program for Public Events
NEW YORK -- In a significant move, New York cannabis regulators have voted in favor of the "Cannabis Showcase" program, permitting growers to sell their products directly to the public at various events, including concerts ...
New York State Senator Proposes Ban on Public Cannabis Consumption
NEW YORK-- New York State Senator George Borello (R) recently introduced a measure aimed at banning cannabis smoking and consumption in public, unless special authorization has been granted for specific locations. The legislation's Assembly version ...
Columbia Care’s Cannabist Retail Location in NJ Ratifies First Labor Contract
LOS ANGELES-- The United Food and Commercial Workers (UFCW) union, Local 360, recently announced that the Cannabist retail location in Deptford, NJ, operated by Columbia Care, Inc., has successfully ratified its first labor contract. The ...
FDA’s Psychedelic Guidance Sparks Interest in Funding and Research Advancement
LOS ANGELES-- In a groundbreaking move, the U.S. Food and Drug Administration (FDA) recently released draft guidance aimed at facilitating research into classic psychedelics, such as LSD, MDMA, and psilocybin, for potential therapeutic uses in ...
New York City Business Owner Ordered to Forfeit $400,000 in Illegal Cannabis Sales and Unpaid Taxes
NEW YORK-- A business owner in New York City has been ordered to forfeit over $400,000 in illegal proceeds and unpaid taxes after illegally selling cannabis at multiple shops in Manhattan, according to the Associated ...
61% U.S. Voters Support Legalizing Psychedelic Therapies
SAN FRANCISCO --In a groundbreaking effort, the Berkeley Center for Psychedelic Studies (BCPS) has released the highly anticipated results of their first-ever study on the therapeutic effects of psychedelics. The study, conducted over a span ...
Philip Morris International Set to Invest Up to $650 Million in Israeli Cannabis Company
LOS ANGELES-- Philip Morris International Inc., the renowned tobacco company behind the iconic Marlboro brand, is set to make a substantial foray into the cannabis industry. With a strategic eye on pain management, Philip Morris ...
Green Thumb Reports Employee Death in Illinois Facility
CHICAGO--In a somber announcement, Green Thumb Industries Inc, a prominent U.S. cannabis producer, disclosed on Tuesday that one of its employees had tragically passed away at its Rock Island, Illinois facility last Friday. The news ...
New Study Challenges Link Between Cannabis Use and Psychosis
LOS ANGELES-- Opponents of cannabis and some mainstream media outlets have long claimed that cannabis is detrimental to human brain health, often suggesting a causal link between cannabis use and psychosis. However, a recent study ...
Stabilization and Rebound in U.S. Wholesale Cannabis Market
LOS ANGELES-- The U.S. cannabis wholesale market has shown signs of stabilization this year, following a significant decline in 2022, and has even experienced a modest rebound since last year, according to a recent report ...
Germany’s Adult-Use Cannabis Policy Takes Shape: What We Know So Far
LOS ANGELES-- Germany is making significant progress in shaping its adult-use cannabis policy, with key details emerging during a recent press conference. While some aspects still require further exploration, here is what we currently know ...
New Mexico Regulator Revokes Cannabis Retailer’s License for Out-of-State Sales
ALBUQUERQUE, In a groundbreaking move, the New Mexico Regulation and Licensing Department took decisive action last week by revoking the license of Paradise Distro LLC, a cannabis retailer based in Albuquerque. The license was rescinded ...
Canopy Growth Plans Share Consolidation Amid Nasdaq Listing Noncompliance
LOS ANGELES-- Canadian cannabis producer Canopy Growth has revealed its intention to seek approval for the consolidation of its shares after receiving a notification from the Nasdaq indicating its failure to meet the stock exchange's ...
