M4MM
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
MJ and MSOS ETFs Signal High Upside on U.S. Legalization Outlook
LOS ANGELES- Investment in cannabis-focused ETFs such as Amplify’s MJ and AdvisorShares’ MSOS reflects growing investor anticipation of federal legalization-driven expansion, even amid pronounced volatility and structural headwinds. Analysts argue that rescheduling cannabis from Schedule I ...
Legislative Wave Follows Growth of Hemp-Infused Beverage Market
LOS ANGELES- The market for hemp-derived cannabis beverages has expanded rapidly since the 2018 federal legalization of hemp, reaching an estimated value of over $1 billion today and projected to exceed $30 billion by 2035. ...
Canadian Cannabis Producers Expand Exports
LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...
Big Cannabis Companies Maintain Optimism in Florida Despite Adult‑Use Setback
LOS ANGELES- Major cannabis operators remain confident in the Florida medical market, viewing it as a strategic long‑term growth opportunity despite the failed November 2024 attempt to legalize adult‑use cannabis. In a recent analysis, Forbes ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Ascend Wellness Holdings Expands But Still Struggles To Turn a Profit
NEW YORK-- Ascend Wellness Holdings Inc., a New York-based cannabis company, expanded its footprint significantly in 2022 by opening four new stores in three states, transitioning three shops in New Jersey to recreational sales, expanding ...
California’s Cannabis Industry Faces Challenges Amid Difficult Market Conditions and Regulatory Changes
LOS ANGELES-- During a recent earnings call, Kyle Kazan, CEO of Glass House Brands, revealed that challenging market conditions in California are forcing cannabis operators to leave, leaving many vendors unpaid. Kazan stated that "many ...
Experts Warn of Ripple Effects for Cannabis Industry Following Silicon Valley Bank’s Failure
LOS ANGELES- Silicon Valley Bank’s unexpected collapse last Friday is sending ripples of concern through the cannabis finance industry, as experts warn that even if the cannabis sector itself remains untouched, there will still be ...
Politicians Discuss Narrow Window for Federal Cannabis Legalization at SXSW Conference
AUSTISN-- The SXSW conference in Austin, Texas, known for its focus on cutting-edge tech, music, and film, also hosted a cannabis track of sessions this year, along with a psychedelics track for the first time. ...
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 ...
