M4MM
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Canada Invests Nearly $3 Million in Psilocybin-Assisted Psychotherapy Research
LOS ANGELES- The Government of Canada, through the Canadian Institutes of Health Research (CIHR), has committed nearly $3 million to fund three clinical trials investigating psilocybin-assisted psychotherapy as a treatment for various mental health and ...
Cybin Announces Third Quarter Fiscal Year 2025 Financial Results and Business Updates
LOS ANGELES- Cybin Inc., has released its unaudited financial results for the third quarter ending December 31, 2024, alongside recent business developments. Financial Highlights: Cash Position: As of December 31, 2024, Cybin reported cash holdings ...
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Michigan Cannabis Firm Skymint Placed Into Receivership By Court Order
MICHIGAN-- Skymint, the brand name for Green Peak Innovations Inc., has been placed into receivership by a Michigan judge after the company failed to pay back loans provided by SunStream’s affiliate Tropics LP since March ...
LIFE IN A DAY: Jeff Raymond: From Aerospace to Agritech, The Remarkable Journey of Jeff Raymond
In a quaint town during his earlier years, Jeff Raymond found a commitment larger than life itself. His early days as a volunteer firefighter and first-responder instilled a profound sense of duty and service. A ...
A LIFE IN A DAY: Omar Bitar: Co-Founder & President: Grupo Flor
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week’s Life In A Day features Omar Bitar. Omar Bitar is ...
A LIFE IN A DAY: Wendy Campbell: VP Sales: MJ Unpacked
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week's Life In A Day features Wendy Campbell. Wendy is the ...
A LIFE IN A DAY: Wendy Campbell: VP Sales: Jage Media + MJUnpacked
Here, in A LIFE IN A DAY, a person shares with Highly Capitalized, what life’s like for them outside their busy working week. This week's Life In A Day features Wendy Campbell. Wendy is the ...
Pennsylvania Lawmakers Consider State-Run Liquor Stores as Potential Cannabis Retailers
PENNSYLVANIA-- As Pennsylvania's governor introduces a budget with details for taxing adult-use cannabis, lawmakers are exploring different options for how a recreational market could be structured. Among those options is allowing state-run liquor stores to ...
Disproportionate Cannabis Drug Testing Among Black and Hispanic Mothers During Labor and Delivery
LOS ANGELES-- A recent study published in the journal Hospital Pediatrics has revealed that a disproportionate number of Hispanic or African American patients are subjected to Cannabis-specific drug screening during the labor and delivery process. ...
Three States Progress Towards Legalizing Cannabis for Adults
LOS ANGELES-- Three US states are making progress in legalizing cannabis possession for people aged 21 and above, as the debate on cannabis legalization continues across the country. In Hawaii, lawmakers have passed Senate Bill ...
Justice Department Appeals Ruling Overturning Federal Ban on Firearms for Cannabis Users
WASHINGTON, DC--The Justice Department is fighting back against a recent ruling that overturned a longstanding federal law banning cannabis users from possessing firearms. In early February, a federal judge in Oklahoma deemed the 1968 law ...
Observational Study Finds Medical Cannabis Products Improve Health-Related Quality of Life in Patients with Chronic Illnesses
LOS ANGELES-- A new study has found that medical cannabis products are generally well-tolerated and can lead to significant improvements in the health-related quality of life of patients. The research, published in the journal Expert ...
Missouri’s Adult-Use Cannabis Program Impacts Illinois’ Out-of-State Sales
ILLINOIS-- Missouri’s new adult-use cannabis program may be impacting the sales of legal retailers in neighboring Illinois. According to a monthly report from the Illinois Department of Financial and Professional Regulation, total recreational cannabis sales ...
Psychedelic Startups Turn to Stock Payments to Address Financial Struggles
LOS ANGELES-- Psychedelic medicine companies are facing financial challenges due to the long runway to commercialization. Unlike cannabis, which saw rapid changes in laws, quick establishment of programs, and the issuance of thousands of licenses, ...
Skymint, One of Michigan’s Largest Cannabis Companies, Under Control of Receiver Amid Industry Pressures
MICHIGAN-- Skymint, one of Michigan's largest cannabis cultivators and retailers, is now under the control of a receiver as the industry faces an increasingly difficult market in the state. The Ingham County Circuit Court in ...
Oklahoma Rejects Adult-Use Cannabis Legalization, Industry to Remain Medical-Only
OKLAHOMA--Oklahoma voters have rejected a ballot initiative that would have legalized adult-use cannabis in the state. State Question 820, which would have allowed adults aged 21 and over to possess, cultivate, and purchase cannabis for ...
Female-Owned Cannabis Startups Struggle to Secure Funding
LOS ANGELES-- Women-owned and operated cannabis companies have been facing difficulty in securing funding equal to their male counterparts. In 2022, only 1.9% of funding went to women-led or owned startups, highlighting a major funding ...
