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Case Studies2020-11-19T22:10:23-08:00

Case Studies

Curaleaf Clears Competition Law Reviews for Aurora Bid

STAMFORD – Curaleaf Holdings Inc. has received every competition law clearance required for its proposed acquisition of Aurora Cannabis Inc. Germany and Canada were the only jurisdictions that required one. On October 20, Germany's Federal ...

Compass Completes FDA Application for COMP360

LONDON / JERSEY CITY – Compass Pathways announced it has completed its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for COMP360, a synthetic psilocybin formulation, for treatment-resistant depression (TRD). If ...

Vireo Growth Reports Q3 2026 Financial Results

MINNEAPOLIS – Vireo Growth Inc. reported third-quarter revenue of $253.7 million, up 177% from $91.7 million a year earlier. Acquisitions drove the increase. Cannabis sales reached $198.1 million, and an agricultural supply business the company ...

Village Farms Reports Q3 2026 Financial Results

VANCOUVER – Village Farms International Inc. reported record Cannabis revenue of $55 million for the third quarter, up 3% from a year earlier. The company generated consolidated sales of $66.9 million for the three months ...

Cresco Labs Reports Q3 2026 Financial Results

CHICAGO – Cresco Labs Inc. announced third-quarter net revenue of $173 million, a 5% increase from the $165 million recorded during the same period last year and roughly unchanged from the second quarter. Retail sales ...

TerrAscend Reports Q3 2026 Financial Results

TORONTO – TerrAscend Corp. reported net revenue of $68.2 million for the third quarter, up 4.8% from $65.1 million a year earlier. Gross margin edged up to 52.3% from 52.1%, based on Q3 2025 figures. ...

Curaleaf Clears Competition Law Reviews for Aurora Bid

STAMFORD – Curaleaf Holdings Inc. has received every competition law clearance required for its proposed acquisition of Aurora Cannabis Inc. Germany and Canada were the only jurisdictions that required one. On October 20, Germany's Federal ...

Compass Completes FDA Application for COMP360

LONDON / JERSEY CITY – Compass Pathways announced it has completed its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for COMP360, a synthetic psilocybin formulation, for treatment-resistant depression (TRD). If ...

Vireo Growth Reports Q3 2026 Financial Results

MINNEAPOLIS – Vireo Growth Inc. reported third-quarter revenue of $253.7 million, up 177% from $91.7 million a year earlier. Acquisitions drove the increase. Cannabis sales reached $198.1 million, and an agricultural supply business the company ...

Canopy Growth Powers European Expansion with UK Entry

SMITHS FALLS – Canopy Growth Corp. announced that it will supply four Canadian-grown medical Cannabis flower strains for distribution in the United Kingdom, expanding its international Cannabis business into another European market. The products will ...

Trulieve Earns Its Spot on the S&P Indices

TALLAHASSEE – Trulieve Cannabis Corp. announced that S&P Dow Jones Indices had added the company to the S&P Total Market Index, the S&P Completion Index, and their respective health care sub-indices – S&P TMI Health Care and ...

GTI Bets on Its Own Stock, Again

CHICAGO – Green Thumb Industries Inc. announced that its board of directors had authorized a $50 million share repurchase program – the company's third consecutive buyback initiative since 2023. Under the new program, Green Thumb ...

Vireo Growth Completes M3 Wellness Acquisition

MINNEAPOLIS – Vireo Growth Inc. announced the completion of its acquisition of M3 Wellness, a retail Cannabis dispensary in Hawthorne, NV. Structured as an indirect asset purchase from M3 Wellness, LLC under an agreement signed ...

Public Opinion Fires Up Support for Cannabis in NC

RALEIGH – A large majority of North Carolina adults support legalizing adult-use Cannabis for medical use, and a smaller but clear majority backs recreational legalization as well, according to an Elon University Poll. The survey ...

TerrAscend Closes Acquisition of Aunt Mary’s in NJ

TORONTO – TRENTON – TerrAscend Corp. confirmed it has closed its previously announced transaction with Aunt Mary's Dispensary LLC, a Cannabis retail operation in Hunterdon County, NJ. The deal marks the company's fifth retail location ...

Aurora and Curaleaf Trade Statements in Ongoing Bid Dispute

EDMONTON - STAMFORD – Aurora Cannabis and Curaleaf Holdings continued their public exchange over Curaleaf’s unsolicited takeover offer for the Canadian medical Cannabis company. Aurora issued a statement responding to Curaleaf’s regulatory filing, while Curaleaf ...

Definium Achieves Second Positive Phase 3 for GAD

NEW YORK – Definium Therapeutics Inc. released topline data from its second pivotal Phase 3 trial (Panorama study) of DT120 in generalized anxiety disorder (GAD), adding to earlier positive findings in the same indication and ...

High Tide Reports Q3 2026 Financial Results

CALGARY – High Tide Inc. posted revenue of $198.8 million for the three months ended July 31, 2026, a 33% increase from the same period last year and the fifth consecutive quarterly record. Gross profit ...

Cannara Secures Upgraded $80M Credit Line

MONTREAL – Cannara Biotech Inc. announced that its operating subsidiary has entered into an amended and restated syndicated credit agreement with Bank of Montreal (BMO) and The Toronto-Dominion Bank (TD), establishing $80 million in committed ...

Virginia Unveils Draft Rules for Adult-Use Cannabis Market

RICHMOND – The Virginia Cannabis Control Authority (CCA) released an 80-plus-page draft regulatory framework for the state's forthcoming adult-use market – the first detailed set of proposed rules since the General Assembly authorized commercial sales ...

Eli Lilly Completes Acquisition of AtaiBeckley

INDIANAPOLIS – Eli Lilly & Co. has closed its acquisition of AtaiBeckley Inc., the New York-based biopharmaceutical company developing psychedelic-derived therapies for treatment-resistant mental health conditions. The transaction cleared its final U.S. regulatory checkpoint when ...

Cannaflex Opens European Export Route

RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...

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