Business

Curaleaf Launches Hemp-Only Retail Store in Florida Following Cannabis Legalization Setback

LOS ANGELES- In the aftermath of Florida's unsuccessful bid to legalize recreational cannabis, Curaleaf Holdings, Inc. has inaugurated its first hemp-exclusive retail outlet, The Hemp Company, in West Palm Beach. This establishment offers hemp-derived THC products to adults aged 21 and over without the requirement of a medical cannabis card. Situated at 300 Clematis Street, ...

May 7th, 2025|

Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement

LOS ANGELES- Christina Lake Cannabis Corp. has completed the first tranche of its non-brokered private placement, issuing 22,778,211 units at a price of CAD $0.05 per unit, totaling approximately CAD $1.14 million. Each unit comprises one common share and one-half of one common share purchase warrant. The proceeds were utilized to settle existing convertible debenture ...

May 6th, 2025|
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The Role of Government Relations in Cannabis Industry Success

NEW YORK — In highly regulated industries, success depends not only on how well a business operates, but also on how well it fits within the rules set by government. This is especially true in the cannabis sector, where the legal landscape is still developing, shaped by political shifts, and varies significantly between jurisdictions. Government ...

May 6th, 2025|

Government Relations at The Core

NEW YORK — In industries where business depends on regulation—such as cannabis, infrastructure, or fintech—navigating the policy environment is foundational. Laws, budget priorities, administrative procedures, and even decisions by local councils directly affect where companies can operate, what services they can provide, and what risks they must manage. Government Relations (GR) establishes the framework for ...

May 6th, 2025|
  • SNDL

SNDL Reports Q1 2025 Earnings

LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period in 2024. This growth was primarily driven by a 16.8% year-over-year increase in its combined cannabis business, encompassing both retail ...

May 5th, 2025|

Regulatory Advances Propel Global Medical Cannabis Market Growth

LOS ANGELES- The global medical cannabis market is experiencing significant growth, driven by regulatory reforms and increased acceptance of cannabis-based therapies. According to the "Medical Marijuana - Global Strategic Business Report 2025," the market was valued at approximately $41.3 billion in 2024 and is projected to reach $92.4 billion by 2030, reflecting a compound annual ...

May 5th, 2025|

Missouri Evaluates Cannabis Market Health

LOS ANGELES- The state of Missouri has initiated a comprehensive evaluation of its cannabis industry, commissioning a study to assess market health and inform decisions on the potential issuance of additional cannabis facility licenses.​ In March 2025, the Missouri Department of Health and Senior Services (DHSS) issued a request for proposals seeking a vendor to ...

May 1st, 2025|

Seth Yatakan Announced as Keynote Speaker for LinkedLive CannabizCon

FOR IMMEDIATE RELEASE May 1, 2025 Cannabis Powerbroker Seth Yakatan to Deliver Keynote Address at Highly Capitalized Network’s Groundbreaking Virtual Business Summit, LinkedIn Live HCN CannabizCon LOS ANGELES, CA – Highly Capitalized Network (HCN) is proud to announce that Seth Yakatan — one of the most influential voices in the global cannabis industry — will ...

May 1st, 2025|

Cannabis Prices Decline in New York Amid Market Expansion

LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access.​ Price Reductions Across Product Categories Recent data indicates a downward trend in cannabis prices across various product categories. As of March 2025, the average price for 3.5 grams of ...

April 29th, 2025|

4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale

LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into an aggressive price war. Deep discounts, BOGOs, and clearance-bin pricing dominate the shelves. But beneath the short-term sales surge lies ...

April 28th, 2025|

Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends

NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation & Retail sector led all others with $589.9 million in total deal consideration for the last twelve months ending April ...

April 10th, 2025|
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When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?

TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ money rather than from real profits—some public companies walk a fine line. They may not be fraudulent, but they operate ...

April 10th, 2025|
  • SNDL

SNDL to Acquire 32 Cannabis Retail Stores from 1CM Inc.

LOS ANGELES- SNDL Inc. has entered into an agreement to acquire 32 cannabis retail stores from 1CM Inc. for CAD 32.2 million in cash. The stores operate under the Cost Cannabis and T Cannabis banners and are located in Ontario, Alberta, and Saskatchewan. This acquisition will increase SNDL's total owned and franchised cannabis retail store ...

April 10th, 2025|

Organigram Acquires Collective Project to Enter U.S. Cannabis Beverage Market

LOS ANGELES- Organigram Global Inc. has acquired Collective Project Limited, a producer of cannabis and hemp-derived infused beverages. The acquisition involves an initial payment of approximately 6.2 million Canadian dollars (about $4.3 million), with potential milestone and earnout payments that could total up to 24 million Canadian dollars (approximately $16.7 million) over the next two ...

April 8th, 2025|

Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry

NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes entire industries. For the U.S. cannabis sector, still federally illegal and structurally fragmented, proposed tariffs and social program cuts under a second Trump administration could have far-reaching consequences. While some businesses may struggle under rising costs and constrained consumer demand, others could thrive—if they’re positioned ...

April 7th, 2025|

Hemp-Derived THC Beverages Are Booming as Cannabis Companies and Big Retail Jump In

NEW YORK- As federal cannabis reform remains stalled, a different kind of green wave is gaining momentum—this one is carbonated, hemp-based, and available online or at your local corner store. Hemp-derived THC beverages, which leverage federal legality under the 2018 Farm Bill, are rapidly transforming from a niche curiosity into a full-blown consumer category. From ...

April 7th, 2025|

Republicans Push to Recriminalize , NORML Pushes Back

  WASHINGTON, D.C.--(NORML) The battle for cannabis freedom is ongoing. Despite growing public support for legalization, there remains a vocal yet powerful minority intent on maintaining the failed policy of cannabis criminalization. But every time they push, Norml push back harder. In recent weeks, we’ve defeated legislation challenging adult-use and medical cannabis access in Colorado, Montana, and South ...

April 7th, 2025|

Safe Harbor Financial and Würk Form Partnership to Enhance Cannabis Industry Services

LOS ANGELES- Safe Harbor Financial, a fintech company specializing in financial services for the regulated cannabis industry, has entered into a strategic partnership with Würk, a human capital management firm focused on the cannabis sector. The collaboration aims to provide cannabis businesses with access to compliant financial services and workforce management solutions.​ Under the agreement, ...

April 4th, 2025|

Planet 13 Grants Restricted Stock Units to Leadership and Staff

LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the company's 2023 Equity Compensation Plan, previously approved by shareholders. ​ Of the total RSUs granted, 9,255,085 were assigned to directors ...

April 3rd, 2025|

The History of Sungrown Cannabis in California

LOS ANGELES - California's connection to cannabis resembles a fabulous legend that blends the state's lush landscapes with the determination of its people. Sungrown cannabis, cultivated under the open sky and fueled by the full power of sunlight, is more than just a plant. It is a way of life, a connection with nature, and ...

April 2nd, 2025|

U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026

NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out of twelve companies experienced year-over-year declines in quarterly EBITDA, ranging from a 6.5% decrease for Ascend Wellness Holdings (AAWH: OTCQX) ...

April 1st, 2025|

HYTN Innovations Secures Cannabis Supply Agreements for German Market

LOS ANGELES- HYTN Innovations Inc., a pharmaceutical company specializing in cannabis-derived products, has entered into strategic supply agreements and completed vendor qualifications with two cannabis cultivators, securing a minimum of 4,000 kilograms of cannabis for the German market. This initiative aligns with HYTN's strategic transition into international pharmaceutical sales and enhances its manufacturing scope for ...

March 31st, 2025|
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