Case Studies
A $31.8 Million Cannabis Verdict Vanished in Federal Court. Some California Harvest Contracts Could Face the Same Test
LOS ANGELES- A licensed Michigan grower contracted to sell its ...
Decibel Partners with Hilltop Leaf to Scale Medical Cannabis in UK
CALGARY – Decibel Cannabis Co. Inc. announced it has signed a brand licensing agreement with UK-based Hilltop Leaf Ltd., granting the pharmaceutical cannabinoid company a limited license to distribute its General Admission and Standard Issue ...
Aurora Rebrands German EU-GMP Production Hub, Doubles Flower Output
EDMONTON – Aurora Cannabis Inc. announced the completion of a major expansion at its EU-GMP manufacturing facility in Leuna, Germany. The company is projecting annual flower output at the site to more than double as ...
Tilray Brands Reports Fiscal Q1 2027 Financial Results
NEW YORK - LONDON – Tilray Brands Inc. reported that net revenue for the three months ended August 31, 2026, climbed 23% year-over-year to $257.1 million, setting a new record for the company's opening fiscal ...
LA Gives Delinquent Cannabis Operators One More Year
LOS ANGELES – The Los Angeles City Council voted Tuesday to delay tax-compliance restrictions that would have blocked more than 100 Cannabis businesses from renewing their licenses at year's end. The decision came down to ...
Trulieve Retires Florida Cultivation Mortgage Ahead of Schedule
TALLAHASSEE – Trulieve Cannabis Corp. announced the full early repayment of mortgage notes secured by a cultivation facility in Jefferson County, Florida, bringing total outstanding debt down to approximately $225 million, according to the company's ...
Cannara and Curaleaf Strengthen Ties Across Global Cannabis Supply Chain
MONTREAL – Cannara Biotech Inc. has broadened its long-term supply agreement with Curaleaf International Limited, raising the contract's potential aggregate value to roughly CA$34 million across its two-year term. The original deal, first disclosed in ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Something shifted last fortnight, and the numbers show it. A cross-border acquisition fight is escalating in public and raising its own price, with hundreds of millions of dollars and an entire European ...
Decibel Partners with Hilltop Leaf to Scale Medical Cannabis in UK
CALGARY – Decibel Cannabis Co. Inc. announced it has signed a brand licensing agreement with UK-based Hilltop Leaf Ltd., granting the pharmaceutical cannabinoid company a limited license to distribute its General Admission and Standard Issue ...
Aurora Rebrands German EU-GMP Production Hub, Doubles Flower Output
EDMONTON – Aurora Cannabis Inc. announced the completion of a major expansion at its EU-GMP manufacturing facility in Leuna, Germany. The company is projecting annual flower output at the site to more than double as ...
Tilray Brands Reports Fiscal Q1 2027 Financial Results
NEW YORK - LONDON – Tilray Brands Inc. reported that net revenue for the three months ended August 31, 2026, climbed 23% year-over-year to $257.1 million, setting a new record for the company's opening fiscal ...
Earnings Season: Cannabis Operators Deliver a Different Kind of Q2 2026
LOS ANGELES – The Cannabis industry wraps up its second-quarter earnings, and the aggregate picture carries a theme that would have been harder to locate a few years ago. Operators are making money. Profitability, not ...
Yale Budget Lab Outlines Multibillion Dollar Future for Federal Cannabis
NEW HAVEN – The fiscal argument for federal Cannabis legalization now has an academic backbone. Yale University's Budget Lab released a comprehensive revenue analysis mapping out what a federal excise tax on Cannabis could realistically ...
Definium Delivers Positive Phase 3 Data for LSD Candidate in GAD
NEW YORK – Definium Therapeutics Inc. has released topline results from the first of two Phase 3 studies testing its LSD-based candidate DT120 in adults with generalized anxiety disorder (GAD). The findings add to earlier ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – A hostile takeover bid, a Senate hemp vote that reset the enforcement calendar without solving anything, a state tax repeal with constitutional teeth, a dense Q2 earnings wave, and two landmark banking ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a new wholesale Cannabis tax to shore up its road repair budget, a Republican state lawmaker has introduced legislation to eliminate it entirely. House Bill 6224, ...
Glass House Brands Reports Q2 2026 Financial Results
LONG BEACH – Glass House Brands Inc. released its Q2 2026 financial results, reporting revenue of $47 million, nearly flat year-over-year but a 64% sequential improvement from Q1 2026. Biomass production reached a company record ...
Curaleaf Launches $272 Million Hostile Takeover Battle for Aurora Cannabis
NEW YORK - Curaleaf Holdings has launched a hostile takeover battle for Aurora Cannabis, publicly announcing plans to take a US$272 million offer directly to Aurora’s shareholders after failing to secure the support of Aurora’s ...
Ohio Cannabis Health & Business Summit Announces 2026 Event in Columbus
The sixth annual OCHBS will take place September 23–24 at the Greater Columbus Convention Center, with expanded programming and expo booths, a medical patient access program, and signature networking events at Stories on High and ...
Vireo Growth Authorizes Share Buyback Program
MINNEAPOLIS – Vireo Growth Inc. has received board approval to begin a share repurchase plan under a normal course issuer bid. Following a series of strategic moves, including an expansion into Ohio and an earlier ...
Tyson 2.0 Teams Up with Reborn Roots for a Heavyweight Touchdown in Rhode Island
LOS ANGELES – Celebrity Cannabis brands have tested markets from the Pacific Northwest to the Caribbean and one of the sector's most recognized names is now pushing into New England. Tyson 2.0 Inc. announced an ...
Ascend Wellness Reports Q2 2026 Financial Results
NEW YORK – Ascend Wellness Holdings Inc. reported its Q2 2026 financial results posting net revenue of $126.1 million, a 7.9% sequential increase from $116.9 million in Q1 2026. Retail revenue climbed 11.5% quarter-over-quarter to ...
Washington Has a Plan for Hemp-Derived Beverages. The Rest of the Hemp Industry Wants One Too.
LOS ANGELES - WASHINGTON – A bipartisan bill introduced in Congress this week would bring hemp-derived THC drinks under the same federal regulatory structure long used for alcohol. For an industry watching a federal ban ...
Trulieve Completes Redomicile to Delaware
TALLAHASSEE – Trulieve Cannabis Corp. completed its redomiciliation from British Columbia, Canada, to the State of Delaware, following a shareholder vote and a Final Order from the British Columbia Supreme Court. The redomicile took effect ...
PSYCH Symposium Rebrands as Mind Forward for Another London Event
LONDON – The organizers of Europe’s established psychedelic medicine conference have rebranded the platform and expanded its focus. The new identity, Mind Forward, will host a one-day symposium in London later this year. PSYCH has ...
Organigram Reports Q3 Fiscal 2026 Financial Results
TORONTO – Organigram Global Inc. released its third-quarter fiscal 2026 results, showing the first full contribution from its recent European acquisition alongside continued strength in the Canadian market. The company reported higher sales and adjusted ...
Curaleaf States Intention to Bid for Aurora Cannabis
STAMFORD – Curaleaf Holdings Inc. has publicly outlined plans to purchase all of the issued and outstanding common shares of Aurora Cannabis Inc., moving the proposal directly to shareholders after earlier private outreach. The announcement ...
Vireo Growth Reports Q2 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. reported GAAP revenue of $209.3 million for the three months ended June 30, 2026, up 335% year-over-year from $48.1 million in Q2 2025, driven by the Eaze, Hawthorne Gardening Company, ...
Senate Votes to Extend Hemp THC Ban Timeline
WASHINGTON – The U.S. Senate voted to table a bipartisan amendment that would have kept a federal hemp THC ban on schedule for November. By a 61-32 margin, the chamber defeated a proposal from Sen. ...
Puerto Rico Governor Orders Psychedelics Research
SAN JUAN – Puerto Rico’s governor has directed the territory’s health department to examine the practical steps needed to advance clinical research into emerging therapies, including certain psychedelic compounds. The move positions a commonwealth to ...
Vireo Growth Closes Colorado Retail Deal, Secures Bank-Led Credit Line
MINNEAPOLIS – Vireo Growth Inc. announced it had received all required regulatory approvals and formally closed its acquisition of certain Colorado retail assets from PharmaCann Inc. Additionally, the company disclosed a senior secured asset-based revolving ...
Trulieve Reports Q2 2026 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. released its second-quarter 2026 financial results, reflecting a period that included the deconsolidation of Harvest operations, recognition from TIME magazine, and the company's listing on the New York Stock Exchange. ...
NY Cannabis Market Gains New Outdoor Sales Path
NEW YORK – New York Governor Kathy Hochul signed legislation that expands the ways licensed microbusinesses and dispensaries can sell Cannabis products at approved community events. The measure aims to give smaller operators more direct ...
High Tide Closes BMO Credit Facility, Issues Q3 Guidance
CALGARY – High Tide Inc. closed its C$40 million senior secured credit facilities with Bank of Montreal (BMO), replacing an existing arrangement with ConnectFirst Credit Union and substantially lowering the company's cost of capital. The ...
LEEF Brands Reports Q2 2026 Financial Results
VANCOUVER – LEEF Brands Inc. posted gross profit up 62% and gross margin that nearly doubled year-over-year, even as top-line revenue fell by 16%. Net revenue reached $7.3 million, down from $8.7 million in Q2 ...
ACT LAB Enters NJ Cannabis Market with Sriven Labs Acquisition
TRENTON – ACT LAB, a Cannabis and hemp testing and compliance laboratory network, announced its entry into New Jersey through the acquisition of Sriven Labs (SV Labs – NJ), a licensed and ISO-accredited testing laboratory ...
