Brands
Will the Hemp Beverage Category Still Be Here in 12 Months?
LOS ANGELES- Will the Hemp Beverage Category Still Be Here in 12 Months? That's not just a provocative question—it’s a quiet but growing concern across the hemp industry. After a explosive rise in popularity, hemp-derived THC beverages are facing mounting pressure from regulators. The 2018 Farm Bill unintentionally cracked open a multi-billion-dollar market, allowing intoxicating hemp ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement (ICE), the raids targeted potential violations under Title 8 of the U.S. Code, resulting in the detention of approximately 360 ...
GTI Launches Señorita’s Ranch Water, Fusing THC and Texas Flair
LOS ANGELES – Green Thumb Industries (GTI) has introduced Señorita’s Ranch Water flavor, a THC-infused, alcohol-free beverage inspired by the iconic West Texas cocktail. Unveiled on July 27, this crisp drink blends sparkling water, real lime juice, and organic Mexican blue agave syrup with 5mg or 10mg of hemp-derived Delta-9 THC, delivering a refreshing, 40-calorie, ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its finances and prioritizing high-margin opportunities. The Chicago-based company is actively negotiating the sale of its California assets, including cultivation, manufacturing, ...
Trulieve Boosts Beverage Portfolio with Onward Expansion and Upward Launch
LOS ANGELES – Trulieve Cannabis Corp. is making waves in the cannabis industry with the expanded distribution of its premium THC-infused beverage, Onward, and the introduction of Upward, a new THC-infused energy drink line. Trulieve's recent strategic moves, announced on July 23, 2025, signal a bold expansion into the rapidly growing cannabis beverage market, catering ...
Red Light Holland Taps Scott Melker to Lead Bitcoin Strategy Following Banking Setback
LOS ANGELES- Red Light Holland Corp. an Ontario-based psychedelics company known for its psilocybin truffles, announced a strategic pivot on July 14, 2025: appointing crypto influencer Scott Melker—known as “The Wolf of All Streets”—as Senior Advisor and Crypto Czar to advance its new Bitcoin balance-sheet strategy. This move comes after the company was effectively “debanked” by a ...
MariMed Expands Access to Betty’s Eddies Chews to Medical Market in Maine
LOS ANGELES- MariMed Inc. has entered into a licensing agreement with The Stoned Moose, LLC, to distribute its full-spectrum Betty’s Eddies fruit chews in both adult-use and medical cannabis channels across Maine. Previously restricted to recreational consumers since 2022, the brand's expansion into the medical segment comes as Maine medical sales constituted more than half ...
Organigram Expands U.S. Market Through Collective Project Direct to Consumer Launch and THC Beverage Portfolio Expansion
LOS ANGELES- Organigram Global Inc. Canada’s largest cannabis producer by market share, has entered a significant new phase in its U.S. strategy. Through its recently acquired subsidiary, Collective Project, the company has launched a direct-to-consumer e-commerce platform offering hemp-derived THC beverages in 25 states across the country. The platform debuts with two product lines—Sparkling Juices ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to offer their employees earned wage access (EWA), along with other financial wellness features, using the “DailyPay Built In” solution. The ...
Organigram Global Launches Collective Project THC Beverages in 25 U.S. States
TORONTO – Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), Canada’s leading cannabis company by market share, has made a significant stride into the U.S. market with the launch of its hemp-derived THC beverage brand, Collective Project, through a direct-to-consumer (DTC) e-commerce platform now available in 25 states. This strategic expansion marks a pivotal moment for ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake in a deal finalized on July 2. Sources confirm the transaction, executed through a 2021 Put/Call Option agreement, hands Curaleaf ...
Green Thumb Industries Schedules Q2 2025 Earnings Call for August 6
LOS ANGELES- Green Thumb Industries Inc., a cannabis consumer packaged goods company and operator of RISE dispensaries, announced on July 2 that it will release its second-quarter 2025 financial results after market close on Wednesday, August 6, 2025 . The company will host a conference call and audio webcast the same day at 5:00 p.m. Eastern Time (4:00 p.m. ...
iAnthus Reports Unanimous Approval at Annual General Meeting
LOS ANGELES- iAnthus Capital Holdings, a multi-state operator in licensed cannabis cultivation, processing, and retail, announced that its shareholders unanimously approved all items at the Annual General Meeting held on June 26, 2025. The approved resolutions included the election of Scott Cohen, Michelle Mathews‑Spradlin, Kenneth W. Gilbert, Alexander Shoghi, and Richard Proud as directors, along with the appointment ...
Verano Debuts Bodega‑Style Dispensary in Arizona
LOS ANGELES- Verano Holdings Corp. a multi‑state cannabis operator, has introduced a “bodega‑style” shopping format at its Zen Leaf Cave Creek dispensary in Phoenix. This innovative layout allows adult‑use consumers to browse and select products directly from open shelves—a departure from the traditional model where items remain behind locked counters until purchase. The re‑opening, scheduled for ...
Planet 13 Reports Shareholder Decisions at Annual Meeting
LOS ANGELES- Planet 13 Holdings Inc. multi-state cannabis company headquartered in Las Vegas, disclosed the results of its Annual General Meeting (AGM) held on June 10, 2025. The meeting addressed key matters related to corporate governance, including the re-election of directors, amendments to the company’s equity incentive plan, and the ratification of its independent auditor. ...
Cresco Labs Reports $30 Million in Q1 Operating Cash Flow
LOS ANGELES- Cresco Labs Inc. reported $30 million in operating cash flow for the first quarter of 2025, reflecting its ongoing emphasis on cash generation and financial discipline. This figure follows a record $132 million in operating cash flow for the full year 2024, more than doubling the $59 million reported in 2023 The company’s ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, 2025. A conference call and webcast to discuss the results is scheduled for Monday, June 2, 2025, at 8:30 a.m. ...
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and information technology as MindMed advances its clinical development and commercial initiatives for its lead product candidate, MM120, an orally disintegrating ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir to cannabis cultivation has gained significant attention, especially as the industry evolves and matures in the context of legalization and ...
Glass House Brands Proposes Long-Term Incentive Plan Tied to Share Price Performance
LOS ANGELES- Glass House Brands Inc. a vertically integrated cannabis company, has announced the mailing of its management information circular to shareholders ahead of its annual and special meeting scheduled for June 20, 2025. At this meeting, shareholders will vote on a proposed long-term management incentive plan involving performance-based restricted stock units (RSUs) for key ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from $42.7 million in Q4 2024 and $41.6 million in Q1 2024. Gross Profit: $18.9 million, with a gross margin of ...
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the quarter ending March 31, 2025, Village Farms reported consolidated revenues of $77.1 million, a slight decrease from $78.1 million in ...
Green Thumb Industries Reports Q1 2025 Financial Results
Green Thumb Industries Inc. a U.S.-based cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue for Q1 2025 was $280 million, a 1% increase compared to the same period in 2024. Net income was $8.3 million, down from $31.1 ...
Boston Beer Company Expands Cannabis Beverage Portfolio
LOS ANGELES- The Boston Beer Company, through its Canadian subsidiary BBCCC Inc., has announced the expansion of its cannabis-infused beverage offerings for the summer season. The company introduced a new TeaPot Rosin-Infused Lemon Black Iced Tea and two additional flavors in its Emerald Hour line of non-alcoholic cannabis cocktails. The TeaPot Rosin-Infused Lemon Black Iced ...
Organigram to Announce Q2 Fiscal 2025 Results
LOS ANGELES- Organigram Global Inc. is scheduled to release its financial results for the second quarter of fiscal 2025, ending March 31, on Monday, May 12, 2025, before market open. The company will host a conference call at 8:00 a.m. Eastern Time to discuss the results. In the preceding quarter, Organigram reported a 17% year-over-year ...
