Business
Grown Rogue Reports Q3 2026 Financial Results
MEDFORD – Grown Rogue International Inc. reported higher quarterly revenue and stronger operating cash flow, buoyed by sales growth in New Jersey and tighter cultivation efficiency across its legacy facilities. Yet the craft Cannabis producer swung to a substantial net loss after writing down an underperforming asset in Illinois and absorbing expansion expenses across multiple ...
Planet 13 Reports Q3 2026 Financial Results
LAS VEGAS – Planet 13 Holdings Inc. reported substantially narrower third quarter losses after exiting California and curbing cultivation expenses, even as softer tourism in Las Vegas weighed on overall sales. Total revenue came in at $23.1 million, down 0.8% from $23.3 million a year earlier. Sales rose 1% compared to the second quarter, the ...
Green Wednesday 2026: Is your Dispensary Ready to Outperform Black Friday?
LOS ANGELES – For Cannabis operators across the United States, the holiday season kicks off not with Black Friday, but with Green Wednesday. Falling on November 25 in 2026, the day before Thanksgiving has cemented itself as the second largest Cannabis sales day of the year, trailing only behind 4/20. As consumers prepare to travel, ...
SNDL Secures EU-GMP Certification for Atholville Facility
EDMONTON – SNDL Inc. has received European Union Good Manufacturing Practice (EU-GMP) certification for its Atholville, New Brunswick, cultivation facility. The approval authorizes the site to produce and package medical Cannabis flower for regulated international jurisdictions. The credential arrives three months after SNDL announced the successful completion of an on-site EU-GMP audit in early August. ...
MariMed Reports Q3 2026 Financial Results
NORWOOD – MariMed Inc. reported a record revenue of $44.2 million for the third quarter, up 8.5% from a year earlier and 5.5% from the second quarter. The multustate Cannabis operator beat Wall Street consensus estimates of roughly $41.3 million as its retail foot traffic and branded wholesale distribution expanded. Wholesale revenue climbed 8.1% YoY. ...
HCN Live! CannaPitch Takes the Innovation Stage at MJBizCon 2026
Six women founders. Nine Sharks. HCN Live! CannaPitch brings live pitches, audience voting and a $10,000 business support prize package to MJBizCon 2026.
The Dreamer and the Skeptic: Why a Sound Business Plan Needs Both
By Peter Ingersoll, CCIM, CEO of Safe Harbor Equity Inc., for HCN Media Group SAN DIEGO- Every business begins with a story. An entrepreneur imagines a product customers will embrace, a service that solves a problem or an opportunity others have overlooked. From that spark emerges a vision of prosperity: growing revenues, expanding markets, satisfied ...
Four Ways to Raise Capital in Cannabis. Only One Comes With a Wedding Registry.
By Peter Ingersoll, CEO of Safe Harbor Equity Inc., for HCN Media Group SAN DIEGO- Raising capital will humble you. After more than four decades in finance, I can tell you it usually happens about twelve minutes into the first meeting. You’ve spent six weeks getting the deck right. You’ve rehearsed the opening. Then someone ...
Loud Spectrum Introduces Flower Derived Terpenes
SANTA ANA – Loud Spectrum, a terpene formulator, announced the launch of Flower Derived Terpenes (FDT). The first product, named Alive, is made only from Cannabis flower and extracted within an hour of harvest. The company draws a line between FDT and what it calls Cannabis Derived Terpenes (CDT) typically pulled from whole-plant biomass, which ...
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 Ministry for Economic Affairs and Energy approved the purchase of voting rights in three Aurora German subsidiaries: Aurora Europe GmbH, ...
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 did not own a year ago added $55.6 million. Revenue rose 21% from the second quarter. Profit measures were more ...
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 of FLUENT, absorbing 33 dispensaries and roughly 117,000 sq. feet of cultivation and manufacturing assets. The integration materially expands Vireo’s ...
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 ended September 30, up slightly from $66.7 million during the same period last year. The total exceeded consensus estimates of ...
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 contributed $121 million to overall revenue, while wholesale channels generated $52 million. Profitability metrics reflected operational adjustments and integration costs. ...
Canopy Growth Reports Q2 Fiscal 2027 Financial Results
SMITHS FALLS – Canopy Growth Corp. reported consolidated net revenue of CA$81.4 million for its fiscal second-quarter financial results ended September 30, 2026, up 22% from a year earlier. International Cannabis led the gain. Sales there rose 141% to CA$12.3 million, driven by medical Cannabis in Germany and Poland, after the company reworked its European ...
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. Pennsylvania drove the gain. Same-store sales there rose 12% and wholesale revenue climbed 31%, lifting the state's revenue 16.8% over ...
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 the order to issue regulations, standards and procedures. The verdict was issued May 18, 2025, but its full text surfaced ...
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 expands an operation the company originally entered as a domestic seed business in 2023, when it took what it described ...
Cronos Group Reports Q3 2026 Financial Results
TORONTO – Cronos Group Inc. reported record net revenue of $63.5 million, up 75% from a year earlier and 73% on an organic, constant-currency basis. Gross profit rose 76% to $32.3 million, a 50.9% margin. Adjusted EBITDA reached $17.1 million, compared with $5.7 million a year ago. Net income fell 37% to $17.8 million. The ...
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 loss of $26.8 million in the same period of 2025. Sales came in below the $273.7 million analysts expected, while ...
Aurora Shares Hit Ten-Month Highs on Organigram Bid
LOS ANGELES – Shares of Aurora Cannabis Inc. (ACB) surged more than 20% on both the NASDAQ and TSX, after Organigram Global Inc. (OGI) announced a definitive agreement to acquire the company for CA$7.80 per share in cash, Organigram shares, or a combination of both. The deal values Aurora at approximately CA$561 million on a ...
RYTHM Reports Q3 2026 Financial Results
ROLLING MEADOWS – RYTHM, Inc. posted Q3 2026 revenue of $23.9 million, up 4% from the prior quarter and nearly six times its Q3 2025 figure. The company recorded a net loss of $533,000 alongside operating income from continuing operations of approximately $1 million, a material reversal from the $10.6 million operating loss in the ...
GTI Reports Q3 2026 Financial Results
CHICAGO – Green Thumb Industries reported $324.4 million in revenue for the third quarter. Year-over-year growth of 11.3% was driven primarily by Minnesota retail sales following the state's adult-use launch in September 2025, along with continued gains in Florida, New Jersey, New York, Ohio, and Virginia. The quarter produced a GAAP net loss of $4.8 ...
Democrats’ Historic Victory Could Accelerate Full Cannabis Legalization
WASHINGTON, D.C. –Democrats’ historic election victory could move Cannabis reform beyond medical rescheduling and put full federal legalization firmly back on the agenda. Democrats won Congress and gained ground in state governments, strengthening the opportunity to move beyond medical rescheduling toward full federal legalization. For independent businesses, the opening could mean more customers, fairer taxes ...
Curaleaf Presses Forward as Aurora Explores Rival Organigram Offer
STAMFORD – Curaleaf Holdings Inc. issued a pointed statement, acknowledging Aurora Cannabis's announcement of a competing arrangement agreement with Organigram Global Inc., and making clear it has no intention of standing down. Organigram, in its turn, announced it would acquire all outstanding Aurora shares at C$7.80 per share, placing Aurora's fully diluted equity value at ...
