Business
Trulieve Reports Q1 2026 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. entered 2026 with a first quarter that presents two concurrent narratives – a retail operation contending with sustained pricing pressure, and a company whose federal tax obligations are, for the first time, beginning to reflect a more normalized business reality. The multistate Cannabis operator disclosed Q1 2026 revenue of $286.8 ...
LEEF Brands Reports Q1 2026 Financial Results
VANCOUVER – LEEF Brands Inc. reported its strongest financial quarter since inception, showing marked operational progress and turning what had been a loss position a year ago into meaningful profitability, all without adding a single dollar of new top-line revenue. Revenue for Q1 2026 held steady at $9.4 million, matching the same period in 2025. ...
GTI Reports Q1 2026 Financial Results
CHICAGO – Green Thumb Industries Inc. released its first-quarter 2026 financial results, highlighting steady performance in a market still marked by price competition and variable demand. The multistate Cannabis operator posted steady revenue growth, alongside gains in key profitability measures, solid cash flow from operations, contributions from new store openings, and early impacts from 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 as a limited test, building on its earlier pilot in Minnesota. Products will appear in all stores in Florida and ...
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 sum. In context, it's the final piece of a five-year consolidation play that Cannara has been assembling since 2021. This ...
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 June 1, 2026, expands Aprio's Arizona presence and brings accounting, audit, and advisory capabilities to complement its existing footprint in ...
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 $13.3 million, a 24% jump from $10.7 million the prior quarter, while gross profit reached $10.4 million, representing a 78% ...
High Tide Scores Big in Germany Through Remexian Distribution
CALGARY-BERLIN – High Tide Inc. reported that its majority-owned German subsidiary, Remexian Pharma GmbH, distributed 7.6 tons of medical Cannabis flower into the German market during the second fiscal quarter ended April 30, 2026 – the highest quarterly volume in the company's history since its founding in 2018. Volume increased 21% on a sequential basis ...
Curaleaf Reports Q1 2026 Financial Results
STAMFORD – Curaleaf Holdings Inc. posted its strongest revenue growth in years during the first quarter of 2026, swinging to a net profit just as the federal regulatory environment under which the industry operates began to shift in a specific, measurable way. For Q1 2026, Curaleaf reported net revenue of $324.2 million, up 6% from ...
LeafLink Releases 2026 Wholesale Cannabis Pricing Guide
NEW YORK – LeafLink, a unified B2B marketplace and technology platform built specifically for the Cannabis industry, published its annual 2026 Wholesale Cannabis Pricing Guide, delivering one of the most comprehensive data snapshots the legal Cannabis trade has produced to date. The report draws on billions of dollars in actual transactions and covers more than ...
Rescheduling: What it Actually Means for US Cannabis
LOS ANGELES – For years, the Cannabis industry's most reliable tradition has been misreading federal signals. When the DEA floated rescheduling proposals, operators popped champagne. When states passed adult-use laws, investors rushed in ahead of federal clarity. And last week, when Acting Attorney General Todd Blanche signed a final order reclassifying state-licensed medical Cannabis to ...
DEA Opens Federal Registration Portal for Medical Cannabis Dispensaries
WASHINGTON – The Drug Enforcement Administration (DEA) is set to launch its new online portal on Wednesday, 29 April at 9:00 AM EST, facilitating the application process for state-licensed medical Cannabis dispensaries seeking federal registration following the recent move to place certain Cannabis products into Schedule III under the Controlled Substances Act. The portal, run ...
Cannabis 3.0 — The Body Was Designed to Heal
LOS ANGELES- The cannabis industry is entering a new phase. The first era—Cannabis 1.0—was defined by prohibition and the fight for legalization. Cannabis 2.0 followed, driven by commercialization: brands, retail expansion, and the rapid scaling of products into consumer markets. What comes next is fundamentally different. Cannabis 3.0 is not about access or scale. It ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Two weeks that rewrote the rules. That is the most accurate way to characterize what the U.S. Сannabis and Psychedelics industries have experienced heading into the final days of April 2026. Federal policy shifted in ways operators spent decades petitioning for. Consumer product categories reshuffled. Capital crossed borders. Cannabis spread into areas ...
Seed Junky Genetics Announces MINNTZ Return
LOS ANGELES – JBeezy, the founder of Seed Junky Genetics, confirmed that the MINNTZ® brand is officially returning as an independent line following a new agreement with Michigan-based HNG Solutions, LLC. The partnership will put more than 20 strains into dispensaries in California, Michigan, New Mexico, and Florida. The move, announced today on 4/20, gives ...
Trump Fast Tracks Psychedelic Research
WASHINGTON D.C- President Donald Trump has signed a sweeping executive order to accelerate psychedelic research and expand patient access across the United States—marking one of the most significant federal policy shifts the sector has seen to date. First reported by Psychedelic Alpha, the order directs federal agencies to reduce regulatory barriers, deploy funding, and compress ...
Five Years After Legalization, Virginia Still Isn’t Ready—But It’s Getting Closer
Virginia’s Cannabis market has been “legal” on paper for years. In practice, it’s been stuck in neutral—possession allowed, but no regulated retail system to match it. That may finally be shifting. The latest move out of Richmond Abigail Spanberger is stepping in with a set of proposed amendments that reshape how—and when—Virginia’s long-delayed Cannabis sales ...
Tilray Acquires Lyphe Group, Expands UK Medical Cannabis Reach
LONDON – Tilray Brands Inc. has acquired the Lyphe Group, a British operator of online medical Cannabis clinics and a digital pharmacy platform. The deal adds a network that has treated more than 16,000 patients and dispensed roughly 150,000 units of medical Cannabis products in the United Kingdom. Lyphe’s services include virtual consultations with specialists ...
German Pharmacies Offer Cannabis Cheaper Than Darknet
BERLIN – Cannabis flower available by prescription through German pharmacies has for the first time undercut prices on the darknet, according to data released by EKOCAN as part of the official evaluation of the country’s partial Сannabis legalization. The shift, documented in the second interim report of the EKOCAN evaluation project, marks a milestone in ...
Relm Launches Kidnap & Ransom Insurance for Cannabis Businesses
HAMILTON – Bermuda-based Relm Insurance announced a new Kidnap and Ransom (K&R) insurance product aimed at executives and operators in the Cannabis sector, alongside those in digital assets. The policy addresses physical threats that have grown more common in cash-intensive and high-visibility industries. Coverage includes kidnapping, extortion, malicious detention, disappearance, express or virtual kidnapping, hijacking, ...
Glass House and Vireo Combine California Retail Ops to Form New JV
LONG BEACH – Glass House Brands Inc. and Vireo Growth Inc. announced that they will combine their California dispensary operations into a 50/50 joint venture aimed at creating one of the state’s largest Cannabis retail networks. The new entity will draw together 11 retail locations operated by Glass House, which include stores under the Farmacy, ...
Week in Review: Cannabis & Psychedelics Industry Highlights
The last fortnight delivered sustained progress across the U.S. Cannabis sector and meaningful steps forward in Psychedelics, showcasing the tangible outcomes that stem from a balance of ambition and discipline. State programs posted solid numbers, consumers signaled stronger preference for regulated options, operators executed targeted deals to build efficiency, and policy steps opened doors in ...
Two in Three Americans Support Legal Home Cannabis Cultivation, The Harris Poll Finds
LOS ANGELES – A new national survey shows that a clear majority of U.S. adults support the right to grow Cannabis at home, even as many Cannabis users express concerns about pesticides in store-bought products. The poll, conducted on behalf of Royal Queen Seeds (RQS) found that 61% of Americans aged 21-plus favor legalizing personal ...
A LIFE IN A DAY: Clayton Smith: CEO: AULV Health
NEW YORK- A LIFE IN A DAY offers viewers another look at well-known people who are in various areas of the industry. We can see from their LinkedIn profile what they do for work, but what do they think about during the day? What occupies their time? What do they feel? This is about their ...
Sensi Seeds and Death Row Records Partner to Release Exclusive Strains in U.S.
AMSTERDAM – Sensi Seeds, the Dutch seed bank founded in 1985, has brought its collaboration with Death Row Records to American home cultivators. The move makes selected Cannabis strains available in the United States for the first time through the company’s domestic distribution network. Five proprietary strains were created under the Sensi Seeds Breeding Grounds ...
