M4MM
Cannabis Stocks Rally as U.S. Rescheduling Debate Heats Up
LOS ANGELES — For the first time in more than a year, cannabis stocks are enjoying a sustained rally. Exchange-traded funds focused on the sector have climbed sharply in recent weeks, and several of the ...
Did Psilocybin Arrive From Outer Space? New Genomic Study Opens the Door to a Cosmic Possibility
LOS ANGELES — The psychedelic compound psilocybin has long intrigued researchers for its potential to treat mental health conditions, but a groundbreaking study is now shedding new light on where these mushrooms came from—and it’s ...
Will Hope Fuel Cannabis Industry Growth Beyond Q2 2025?
LOS ANGELES – If you’ve been scrolling through the latest updates on the Highly Capitalized Network’s website or LinkedIn, you’ve likely caught the wave of Q2 2025 earnings reports sparking cautious optimism across the Cannabis ...
MediPharm Labs Initiates EU and UK Production of Cannabis Metered Dose Inhalers
LOS ANGELES- MediPharm Labs Corp. has commenced production of its cannabis metered dose inhalers for the European Union and United Kingdom markets. This initiative is part of an exclusive sales and distribution agreement with Blackpoint ...
Pennsylvania Senator Introduces ‘Keystone Cannabis Act’ to Legalize Adult-Use Cannabis
LOS ANGELES- Pennsylvania State Senator Marty Flynn (D-22) has announced plans to introduce the "Keystone Cannabis Act," a legislative proposal aimed at legalizing adult-use cannabis in the Commonwealth. The announcement follows the recent rejection of ...
Rubicon Organics Finalizes Conditions for Hope Facility Acquisition
LOS ANGELES- Rubicon Organics Inc. has announced the fulfillment of all conditions precedent related to its agreement with MediPharm Labs Inc. for the acquisition of a 47,500-square-foot indoor cultivation facility located in Hope, British Columbia. ...
Argentina Overhauls Medical Cannabis Program with Stricter Regulations
LOS ANGELES- In 2025, Argentina implemented significant reforms to its medical cannabis program, REPROCANN, introducing stricter regulations for cultivators, non-governmental organizations (NGOs), and medical professionals. These changes aim to enhance oversight and ensure the program's ...
Cannabis Stocks Rally as U.S. Rescheduling Debate Heats Up
LOS ANGELES — For the first time in more than a year, cannabis stocks are enjoying a sustained rally. Exchange-traded funds focused on the sector have climbed sharply in recent weeks, and several of the ...
Did Psilocybin Arrive From Outer Space? New Genomic Study Opens the Door to a Cosmic Possibility
LOS ANGELES — The psychedelic compound psilocybin has long intrigued researchers for its potential to treat mental health conditions, but a groundbreaking study is now shedding new light on where these mushrooms came from—and it’s ...
Will Hope Fuel Cannabis Industry Growth Beyond Q2 2025?
LOS ANGELES – If you’ve been scrolling through the latest updates on the Highly Capitalized Network’s website or LinkedIn, you’ve likely caught the wave of Q2 2025 earnings reports sparking cautious optimism across the Cannabis ...
TerrAscend Receives Regulatory Approval for Acquisition of Peninsula Alternative Health, Expanding Maryland Footprint
LOS ANGELES-TerrAscend Corp. North American cannabis operator, announced today that it has obtained regulatory approval from the Maryland Cannabis Administration (MCA) for its planned acquisition of Peninsula Alternative Health, a well-established medical dispensary in Maryland. ...
Cannabis Legalization in the United States: A Look at Recent Developments and Future Prospects
LOS ANGELES-- Last fall, President Joe Biden made headlines when he issued pardons for federal offenders charged and convicted of cannabis possession. However, despite this gesture, cannabis still remains federally illegal, classified as a Schedule ...
Ascend Wellness Plans to Raise $7 Million in Private Placement Offering
LOS ANGELES --Cannabis multistate operator Ascend Wellness Holdings Inc. has announced its intention to raise $7 million through a private placement offering. The New York-based MSO plans to sell 9,859,155 shares of Class A common ...
Australian Study Reveals Increase in Medicinal Cannabis Prescriptions for Psychiatric Disorders
LOS ANGELES-- Recent study conducted by the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney has shed light on the growing utilization of medicinal cannabis (MC) prescriptions for the treatment of psychiatric disorders ...
Alabama Medical Cannabis Program Awards Business Licenses, Paving the Way for Patient Access
LOS ANGELES-- Alabama has achieved a significant milestone in its medical cannabis journey as the state's medical cannabis program moves forward with the awarding of business licenses. Limited access to medicinal cannabis had been permitted ...
Body and Mind Inc. Divests Michigan Dispensary, Shifts Focus to Illinois and New Jersey Cannabis Markets
LOS ANGELES-- Body and Mind Inc has successfully obtained all required regulatory approvals to divest its Muskegon, Michigan, dispensary, the company announced on Friday. The transaction, originally outlined in a stock purchase agreement on April ...
Green Acre Capital Distribution Corp. Increases Stake in US Distribution Joint Venture, Humble & Fume Provides Additional Information on Private Placement
Humble & Fume Inc. a distributor of cannabis and cannabis accessories in North America, has announced that Green Acre Capital Distribution Corp. has made an additional investment of US$1.99 million in HC Solutions Holdings Inc. ...
RIV Capital Expresses Optimism for New York Cannabis Market Amid Regulatory Developments
LOS ANGELES-- RIV Capital remains optimistic about its position in the New York cannabis market, as highlighted during the company's fourth-quarter and fiscal year-end 2023 earnings call. Interim CEO Mike Totzke expressed confidence in RIV's ...
Oklahoma Governor Kevin Stitt Vetoes Legislation Restricting Medical Cannabis Access
OKLAHOMA -- In a recent development, Republican Governor Kevin Stitt of Oklahoma has vetoed Senate Bill 437, a piece of legislation that aimed to impose new rules limiting patients' access to medical cannabis. The proposed ...
Michigan Cannabis Regulatory Agency Revokes Candid Labs’ Licenses for Violations
LOS ANGELES-- In a recent development, the Michigan Cannabis Regulatory Agency (MRA) has permanently revoked the business licenses of Candid Labs, operating as Layercake Farms 2, located near Owosso. Owned by Ramon Hana, Candid Labs ...
Louisiana Moves Towards Expungement Reform, Allowing Clear Path for Cannabis Offenders
LOS ANGELES-- In a significant step towards criminal justice reform, lawmakers in Louisiana's House and Senate have approved legislation that paves the way for the expungement of marijuana possession convictions. House Bill 286, now on ...
Antigua & Barbuda Support Religious Freedom by Legalizing Cannabis for Rastafarians
LIBERTA, Antigua — In a momentous stride toward religious freedom and cultural recognition, the government of Antigua and Barbuda has granted Rastafari adherents the authority to cultivate and utilize their sacred plant. This historic decision ...
New York Cannabis Control Board Faces Challenges in Retail Market Rollout
NEW YORK-- The New York Cannabis Control Board recently convened a meeting filled with action and key decisions, including the approval of 36 new retail permits. However, the board faced challenges related to the slow ...
Hexo’s Acquisition by Tilray Hangs in the Balance, Putting Hexo at Risk of Default
LOS ANGELES-- Canadian licensed cannabis producer Hexo Corp. faces a critical juncture as its acquisition by Tilray Brands hangs in the balance. In a near-unanimous vote, Hexo shareholders approved the acquisition on Wednesday. However, the ...
Alabama Medical Cannabis Commission Grants Licenses to Cannabis Businesses
LOS ANGELES -- In a momentous development for the medical cannabis industry in Alabama, the Alabama Medical Cannabis Commission (MCC) announced the recipients of its highly anticipated first round of business licenses. The MCC, responsible ...
