M4MM
Rhode Island Launched Applications for Additional Cannabis Retail Licenses
PROVIDENCE – The Rhode Island Cannabis Control Commission has started taking applications for 24 additional adult-use Cannabis retail licenses, a step that expands the state's recreational market three years after legalization. The licenses are spread ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up the first half of September 2025, it's worth noting that the Cannabis & Psychedelics industries continue proving their resilience amid political uncertainty and turbulent market dynamics. From stock rallies signaling ...
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona shared details of her personal encounter with ibogaine during a recent appearance on CNN. Speaking with Jake Tapper, Sinema highlighted her push for expanded research into ...
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 Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Rhode Island Launched Applications for Additional Cannabis Retail Licenses
PROVIDENCE – The Rhode Island Cannabis Control Commission has started taking applications for 24 additional adult-use Cannabis retail licenses, a step that expands the state's recreational market three years after legalization. The licenses are spread ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Wrapping up the first half of September 2025, it's worth noting that the Cannabis & Psychedelics industries continue proving their resilience amid political uncertainty and turbulent market dynamics. From stock rallies signaling ...
Former Arizona Senator Sinema Advocates Ibogaine Research Post-Treatment
LOS ANGELES – Former U.S. Senator Kyrsten Sinema of Arizona shared details of her personal encounter with ibogaine during a recent appearance on CNN. Speaking with Jake Tapper, Sinema highlighted her push for expanded research into ...
Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market
LOS ANGELES- Delaware Governor John Carney, who previously opposed adult-use cannabis legalization, now faces the decision of whether to allow the state’s medical cannabis companies to transition into the forthcoming adult-use market. The General Assembly ...
Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes
NEW YORK- The Minnesota Department of Revenue reports that the state has generated $10,022,635 in taxes from hemp-derived THC products since the market launched nearly a year ago. This follows the state's legalization of adult-use ...
Clearmind Medicine Inc. Secures Patent Approval in Hong Kong for Binge Behavior Regulator
LOS ANGELES- Clearmind Medicine Inc., a clinical biotech company specializing in psychedelic-derived therapeutics, has announced a significant advancement in its MEAI-based binge behavior regulator program. The company received patent approval from the Hong Kong Patent ...
Maryland Cannabis Market Surpasses $1.1 Billion in First Year of Legalization
LOS ANGELES- Governor Wes Moore announced that Maryland's cannabis market achieved a significant milestone in its first year of legalization, with total medical and adult-use retail sales exceeding $1.1 billion. This reflects the state's commitment ...
Groundbreaking Belgian Study Explores Magic Mushrooms in Alcoholism Treatment
BRUSSELS- A pioneering clinical study at Brugmann Hospital in Brussels is exploring the use of psilocybin, the active ingredient in magic mushrooms, to treat alcohol addiction. Over the next two years, 62 participants will receive ...
Steps to Become a Medical Cannabis Patient in Minnesota
LOS ANGELES- Since 2015, Minnesota's Medical Cannabis Program has provided treatment options for individuals with debilitating medical conditions, aiming to improve their quality of life. The following information outlines the steps to become a patient ...
Kentucky Opens Applications for Medical Cannabis Business Licenses
LOS ANGELES- Kentuckians can now apply for cannabis business licenses, and medical providers can seek permission to prescribe cannabis through Kentucky’s Board of Medical Licensure and Board of Nursing. This follows the enactment of bipartisan ...
Global Medical Cannabis Market Projected to Reach $77.13 Billion by 2032
LOS ANGELES- The global medical cannabis market is expected to grow significantly, reaching a valuation of $77.13 billion by 2032 from $17.08 billion in 2023, driven by a compound annual growth rate (CAGR) of 18.24%, ...
Delaware Lawmakers Pass Bill to Enable Financial Services for Cannabis Businesses
LOS ANGELES- Delaware lawmakers recently passed legislation establishing protections for banks and other financial institutions to work with state-legal cannabis companies as the state prepares to launch its adult-use market. Protections for Financial Institutions The ...
Germany’s Cannabis Law: Maximizing Yield with the Three-Plant Limit
BERLIN — Germany’s new cannabis law, effective April 1, 2024, permits adults to grow up to three plants and possess up to 25 grams of cannabis for personal use. This regulation requires home cultivators to ...
California Pulls Cannabis Products from Shelves Due to Pesticide Concerns
LOS ANGELES- California this week ordered product recalls for five licensed cannabis products, including four vape pens and a vape cartridge, due to contamination with chlorfenapyr, a banned pesticide. These products, sold by West Coast ...
Evolving Hemp Regulations and Market Dynamics in Louisiana
LOS ANGELES- The hemp market is undergoing significant changes as new regulations affect how products are manufactured, sold, and consumed. The legal landscape shapes the future of hemp-derived products, necessitating staying updated on industry trends ...
Pesticide Scandal & Product Recalls Rocks California’s Cannabis Industry
LOS ANGELES--California's cannabis industry is reeling from a recent pesticide scandal that has undermined consumer confidence and highlighted regulatory shortcomings. An investigation by the Los Angeles Times, in collaboration with WeedWeek, revealed alarming levels of ...
The Demise of Chevron Deference: A New Era for Government Regulation and Its Impact on the Cannabis Industry
WASHINGTON, D.C. - In a landmark ruling, the Supreme Court has overturned a 40-year-old precedent known as "Chevron deference," which mandated that courts defer to the interpretations of federal agencies when a law is ambiguous, ...
Majority of North Dakota Voters Oppose Recreational Cannabis Legalization
LOS ANGELES- A recent poll commissioned by the Brighter Future Alliance and conducted by Public Opinion Strategies revealed that 57% of likely North Dakota voters are against the legalization of recreational cannabis for adults over ...
