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

Case Studies

Vireo Completes FLUENT Acquisition

MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of FLUENT Corp., absorbing the vertically integrated multi-state Cannabis operator through a court-approved arrangement. Under the final terms, Vireo acquired all issued and outstanding common shares ...

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 ...

Nepal Greenlights Regulated Cannabis Cultivation

KATHMANDU – Nepal's Supreme Court has ordered the government to create a framework for the controlled cultivation and production of Cannabis for medicinal, scientific, agricultural, horticultural and industrial purposes. Officials have three months from receiving ...

Barney’s Farm Brings Cannabis Clones to U.S. Growers

WATSONVILLE – Barney's Farm announced that it has launched its Cannabis clone range for growers across the United States, introducing rooted Cannabis cuttings developed from selected mother plants at its California cultivation facility. The offering ...

Trulieve Reports Q3 2026 Financial Results

TALLAHASSEE – Trulieve Cannabis Corp. reported third-quarter revenue of $230.2 million, down 20% from a year earlier and 15% from the second quarter. Net income attributable to common shareholders was $0.9 million, compared with a ...

Vireo Completes FLUENT Acquisition

MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of FLUENT Corp., absorbing the vertically integrated multi-state Cannabis operator through a court-approved arrangement. Under the final terms, Vireo acquired all issued and outstanding common shares ...

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 ...

Grown Rogue Launches Cultivation Ops in Minnesota

MEDFORD – Grown Rogue International Inc. officially began cultivation operations at its Fridley, Minnesota facility, nine months after first securing the location in December 2025. Phase I puts roughly 8,000 sq. feet of flowering canopy ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

cbdMD Moves to Acquire Twinlab

CHARLOTTE – cbdMD, Inc. entered into a definitive asset purchase agreement to acquire the operating assets and brands of Twinlab, including Twinlab, Reserveage, Metabolife and Alvita Tea. The transaction is structured through an assignment for ...

Trump Signs Hemp THC Ban Delay

WASHINGTON – President Donald Trump signed H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, pushing back sweeping federal restrictions on hemp-derived THC products from November 12 to December 11, 2026. Embedded in a must-pass ...

Cresco Labs Closes Pennsylvania Dispensary Deal

CHICAGO – Cresco Labs Inc. announced the closing of its acquisition of 100% of the outstanding equity interests in PharmaCann Penn, LLC for an aggregate consideration of $50 million. The deal covers nine operational retail ...

Grön Scatters Pearls Over Four States at Once

PORTLAND – Grön officially announced that its flagship Pearls line is now available in California, Colorado, Michigan, and Nevada – the company's largest simultaneous multi-state rollout to date. The expansion places Grön inside some of ...

Headset Settles Federal PPP Loan Claims

SEATTLE – Headset Inc. agreed to pay more than $1 million to settle claims that it improperly received a Small Business Administration Paycheck Protection Program loan in February 2021, according to an announcement from First ...

High Times Cannabis Cup Debuts in Montana

HELENA – A competition that helped define American Cannabis culture is coming to a new state. Big Sky Country is preparing for its first-ever High Times Cannabis Cup. The event is set for Saturday, September ...

Canada Is Now the World’s Largest Cannabis Market

OTTAWA – Supported by 3,420 licensed stores and roughly 7.1 million past-year consumers, Canada's legal industry generated C$5.42 billion (approx. US$3.98 billion) in retail sales in 2025, making it the world's largest federally-legal Cannabis market ...

DEA MJ Rescheduling Transcript Goes Public

WASHINGTON – The Drug Enforcement Administration (DEA) released the complete, corrected transcript from its 11-day marijuana rescheduling hearing, giving the public its first detailed account of the testimony that will guide DEA Chief Administrative Law ...

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