M4MM
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Minnesota Enacts Law Enhancing Employment Protections for Medical Cannabis Patients
LOS ANGELES— A new Minnesota law, Senate File 2370 (SF 2370), which took effect on May 24, 2025, introduces expanded employment protections for registered medical cannabis patients. Under the law, employers must now provide a ...
Legal Cannabis Shows Economic Gains and Stable Teen Use Trends
LOS ANGELES— A recent analysis from the Marijuana Policy Project (MPP) indicates that legal adult‑use cannabis sales have generated approximately $24.7 billion in state tax revenue since legalization began in 2014, with $4.4 billion collected in 2024 ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Minnesota Enacts Law Enhancing Employment Protections for Medical Cannabis Patients
LOS ANGELES— A new Minnesota law, Senate File 2370 (SF 2370), which took effect on May 24, 2025, introduces expanded employment protections for registered medical cannabis patients. Under the law, employers must now provide a ...
Legal Cannabis Shows Economic Gains and Stable Teen Use Trends
LOS ANGELES— A recent analysis from the Marijuana Policy Project (MPP) indicates that legal adult‑use cannabis sales have generated approximately $24.7 billion in state tax revenue since legalization began in 2014, with $4.4 billion collected in 2024 ...
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 ...
New York Doubles Number of “Justice-Involved” Cannabis Retail Permits in Effort to Expand Market and Increase Social Equity
NEW YORK-- New York’s state Cannabis Control Board has announced it will double the number of “justice-involved” retail permits from 150 to 300, in an effort to expand the market and support social equity retailers. ...
