Case Studies
Trulieve Retires Florida Cultivation Mortgage Ahead of Schedule
TALLAHASSEE – Trulieve Cannabis Corp. announced the full early repayment ...
Under Delisting Pressure, IM Cannabis Approves Reverse Stock Split
TORONTO – IM Cannabis Corp. (IMCC), a medical Cannabis company ...
Johnson & Johnson Signs On to Lead Delix’s $85M Series C
NEW BRUNSWICK – Johnson & Johnson has agreed to lead ...
Canopy Growth Reports Q4 and FY 2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. reported consolidated net revenue of $71.2 million for the quarter, up 10% from the prior year. For the full fiscal year, net revenue reached $284.6 million, a 6% increase ...
High Tide Secures C$40M Credit Approval, Expands Ontario Footprint with Northern Helm Acquisition
CALGARY – High Tide Inc. continues to build its position as a major player in Canadian Сannabis retail. The company, which operates the Canna Cabana chain, signed a definitive agreement to acquire four Ontario retail ...
Vireo Growth to Acquire Nevada-Based C21 Investments
MINNEAPOLIS – In a move that underscores ongoing efforts by larger players to strengthen their positions in key state markets, Vireo Growth Inc. and C21 Investments Inc. have entered into a definitive arrangement agreement. The ...
Target Expands Hemp-Derived THC Beverage Sales Area
NEW YORK – Target is broadening its reach in the hemp-derived THC beverage category, adding the products to more than 300 stores across Florida, Texas and parts of Illinois. The mass retailer confirmed the move ...
Cannara Biotech Wraps Up Medican Organic Acquisition
MONTREAL – Cannara Biotech Inc. announced the closing of a transaction to acquire all of the shares of Medican Organic Inc. for an aggregate purchase price of $2.8 million. On the surface, that's a modest ...
Aprio Targets Cannabis Sector in Price Kong Acquisition
ATLANTA-PHOENIX – Aprio, the 20th largest business advisory and accounting firm in the United States, announced it had entered into an agreement to acquire Price Kong, a Phoenix-based CPA and advisory firm. The transaction, effective ...
RYTHM Reports Q1 2026 Financial Results
ROLLING MEADOWS – RHYTHM Inc. disclosed stronger results for the first quarter of 2026 as the company continued its shift toward branded hemp-derived THC products and licensing deals. Revenue from continuing operations came in at ...
Canopy Growth Reports Q4 and FY 2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. reported consolidated net revenue of $71.2 million for the quarter, up 10% from the prior year. For the full fiscal year, net revenue reached $284.6 million, a 6% increase ...
High Tide Secures C$40M Credit Approval, Expands Ontario Footprint with Northern Helm Acquisition
CALGARY – High Tide Inc. continues to build its position as a major player in Canadian Сannabis retail. The company, which operates the Canna Cabana chain, signed a definitive agreement to acquire four Ontario retail ...
Vireo Growth to Acquire Nevada-Based C21 Investments
MINNEAPOLIS – In a move that underscores ongoing efforts by larger players to strengthen their positions in key state markets, Vireo Growth Inc. and C21 Investments Inc. have entered into a definitive arrangement agreement. The ...
South Dakota Implements Stringent Cannabis Regulations Amidst Growing Industry Scrutiny
LOS ANGELES- This week, South Dakota Governor Kristi Noem (R) enacted two significant pieces of legislation aimed at tightening control over the cannabis industry within the state. The first bill empowers law enforcement and other ...
Clinical Trial Explores Psychedelic Treatment for Depression
LOS ANGELES- In a move within the field of psychiatric treatment, MindBio Therapeutics Corp. has announced the launch of its Phase 2B clinical trial, investigating the potential of psychedelics in treating Major Depressive Disorder (MDD). ...
Oregon Launches Unified Licensing Platform for Cannabis and Alcohol Businesses
LOS ANGELES – The Oregon Liquor and Cannabis Commission (OLCC) introduced a groundbreaking online system on Monday, aimed at streamlining the licensing process for the state's cannabis and alcohol industries. The newly unveiled Cannabis and ...
Massachusetts Cannabis Retailers Sue Township Over Community Impact Fees
LOS ANGELES – In a legal challenge that underscores the tensions between cannabis businesses and local regulations, three cannabis retailers have initiated a lawsuit against a Massachusetts township. Theory Wellness, Community Growth Partners Great Barrington ...
TerrAscend Charts New Fiscal Path Amid Cannabis Industry’s Tax Challenges
LOS ANGELES- TerrAscend Corp. a igure in the multi-state cannabis sector, has announced a bold fiscal maneuver during its financial disclosures for the fourth quarter and the entirety of the 2023 fiscal year. The Canadian-headquartered ...
Awakn Life Sciences Advances Treatment for Alcohol Use Disorder
LOS ANGELES- Awakn Life Sciences Corp. a biotechnology company, has made significant strides in the treatment of addiction, particularly Alcohol Use Disorder (AUD), with its recent investigative study on a proprietary S-ketamine oral thin film ...
Ayr Wellness Eyes Expansion into Emerging Cannabis Markets Amid Revenue Growth
LOS ANGELES- Ayr Wellness Inc, a multistate operator based in Miami, is setting its sights on significant expansion opportunities within the burgeoning adult-use cannabis market. In a recent earnings call, CEO David Goubert conveyed a ...
Chicago Atlantic Real Estate Finance Reports Amid Cannabis Industry Momentum
LOS ANGELES- Chicago Atlantic Real Estate Finance, Inc. an Illinois-based cannabis real estate investment trust (REIT), has disclosed a substantial 17% increase in net interest income for the fiscal year 2023, reaching $57.1 million. This ...
NECANN: New England’s Leading Cannabis Convention Returns to Boston
BOSTON, (March 18, 2024) -NECANN will host its 10th Annual New England Cannabis Convention March 22-23 at the Hynes Convention Center in Boston presented by Futurola. This year’s event has grown into a 3rd exhibit ...
Announcing: New Show on Highly Capitalized: ‘Human Capital with Liesl Bernard’: A Fresh Take on HR in Cannabis & Wellness Industries
LOS ANGELES, California, March 19, 2024 /PRNewswire/ Introducing "Human Capital" with Liesl Bernard, a new online news show set to air bi-monthly on HighlyCapitalized.com, and dedicated to exploring the vital topic of human resources within companies, ...
Verano Holdings Reports 2023 Financial Outcomes
LOS ANGELES- Verano Holdings Corp a player in the multi-state cannabis industry, has disclosed its financial performance for the fourth quarter and the entirety of 2023, demonstrating resilience and strategic growth despite facing industry-wide challenges. ...
Biden’s Pledge on Cannabis Reform Faces Scrutiny from Activists
LOS ANGELES- In a recent encounter with cannabis activists, President Joe Biden reaffirmed his commitment to reforming federal cannabis policy. However, activists argue that simply rescheduling cannabis is insufficient to address the harms caused by ...
Kentucky Senate Sets Conditions for Medical Cannabis Funding
LOS ANGELES- In a move that reflects ongoing debates over cannabis policy, the Kentucky Senate has introduced conditions for funding the state's Office of Medical Cannabis. The program, set to launch in 2025, now faces ...
Cresco Labs Navigates Financial Turbulence with Strategic Focus
LOS ANGELES- In a revealing glimpse into the cannabis industry's volatile financial landscape, Cresco Labs Inc. a cannabis multistate operator based in Chicago, disclosed a significant net loss of $180 million for the fiscal year ...
Hawaii Moves Closer to Cannabis Legalization with House Amendments
LOS ANGELES- Hawaii is on the verge of a major shift in its cannabis policy as House lawmakers in two crucial committees have voted to advance a bill for the legalization of adult-use cannabis, albeit ...
Review: Hall of Flowers Cannabis Business Event: A Uniquely Authentic Experience
LOS ANGELES--In an industry burgeoning with conventions and expos, the Hall of Flowers stands out not merely as an event but as a celebration of cannabis culture's depth, resilience, and creativity. It's not just the ...
TerrAscend Joins the Ranks of Cannabis Firms Challenging Tax Obligations Under Section 280E
LOS ANGELES- TerrAscend Corp., a prominent cannabis multistate operator, has announced a bold strategy to contest taxes owed under Section 280E of the Internal Revenue Code, signaling a potential shift in the financial maneuvering within ...
Thailand’s Blossoming Cannabis Culture Faces Potential Clampdown
LOS ANGELES- In 2022, Thailand marked a significant milestone as the first country in Asia to fully decriminalize cannabis, igniting a vibrant and burgeoning culture around the plant's recreational use. This liberalization has fostered a ...
Vice President Harris Critiques Federal Cannabis Classification as “Absurd,” Awaits DEA Decision
NEW YORK- In a recent statement at the White House, Vice President Kamala Harris has labeled the federal classification of cannabis as “absurd,” emphasizing the administration's anticipation for the Drug Enforcement Administration (DEA) to reconsider ...
Wyoming Enacts Ban on Delta-8 THC
LOS ANGELES- Wyoming's hemp-derived cannabinoid market faces significant disruption following the recent enactment of a law banning delta-8 THC products. Republican Governor Mark Gordon's decision to sign Senate File 32 into law marks a decisive ...
Morocco’s Pioneering Cannabis Harvest Yields 294 Metric Tons Amid Legal Shift
LOS ANGELES- In a historic development for Morocco and its agricultural sector, the nation's first legal cannabis harvest has culminated in a substantial yield of 294 metric tons in 2023. This milestone follows the country's ...
Indiana’s Pioneering Psilocybin Research Bill Awaits Governor’s Approval
LOS ANGELES- In a groundbreaking legislative move, Indiana stands on the precipice of advancing psilocybin research, following the final approval of a bill aimed at exploring the substance's potential in treating various medical conditions. The ...
New Mexico’s Cannabis Industry Surpasses $1 Billion in Sales
LOS ANGELES- In an impressive show of growth and economic impact, New Mexico's burgeoning cannabis sector has crossed a significant threshold, achieving over $1 billion in sales. This landmark achievement not only highlights the increasing ...
Jamaica’s Pure Jamaican and Seven Ten Limited Forge Path in Global Cannabis Market
LOS ANGELES- In a significant stride towards global market leadership, Pure Jamaican has initiated a groundbreaking program aimed at exporting its distinctive pharmaceutical products. This includes a range of cannabinoid compounds such as THC derived ...
High Tide Inc. Acquires Queen of Bud
LOS ANGELES- In a strategic move to enhance its market footprint, High Tide Inc. (Nasdaq: HITI) (TSXV: HITI), a prominent Canadian cannabis chain, has announced the acquisition of the Queen of Bud brand, including its ...
