Business
Curaleaf Observes Delaware Base to Tighten U.S. Footprint
DOVER – Curaleaf Holdings Inc. has filed for shareholder approval to relocate its corporate domicile from British Columbia, Canada, to Delaware, a change designed to match its heavy concentration of business in the American market. The proposal, detailed in a filing with Canadian regulators, calls for a special meeting on or about February 23 to ...
Who Will Decide Cannabis Legalization? The Math Will.
LOS ANGELES -For decades, Cannabis reform in the United States has moved unevenly—state by state, ballot by ballot, crisis by crisis. On paper, federal prohibition still stands, and national politics remain polarized. But economically and politically, the ground beneath the country is shifting. Those shifts are quietly aligning in favor of nationwide recreational Cannabis legalization ...
From $700 Million Unicorn to Fire-Sale Exit: What the Eaze–Vireo Deal Says About California Cannabis
LOS ANGELES- When Eaze first burst onto the scene, it was marketed as the “Uber of Cannabis”—a tech-enabled delivery platform that promised to professionalize and scale legal access across California. At its peak, Eaze carried a reported valuation of roughly $700 million and symbolized the optimism that followed California’s adult-use legalization. That chapter closed ...
Arizona Ballot Measure Targets Cannabis Retail Shutdown
PHOENIX – A conservative-backed campaign in Arizona has launched an effort to roll back key elements of the state's adult-use Cannabis program, filing a ballot initiative last month that would shutter licensed dispensaries and end commercial sales while allowing individuals to grow Cannabis at home. The proposal, dubbed the Sensible Marijuana Policy Act for Arizona, ...
Fluent Offloads Pennsylvania Dispensaries
NEW YORK – Fluent Corp. has finalized the sale of its three Pennsylvania dispensaries to HIVE Holdings Inc. for $12.5 million in cash, marking a deliberate shift toward debt reduction and operational efficiency. The deal hands over facilities in Hanover, Mechanicsburg and Annville, which had served as Fluent's foothold in the state's medical-only market. Dave ...
Medicare’s CBD Shift Signals Validation—But a Looming Hemp Ban Clouds the Path for Seniors
NEW YORK- For decades, seniors managing chronic pain, inflammation, anxiety, or sleep disruption have relied largely on pharmaceuticals—often with long lists of side effects. That landscape is starting to change. Medicare is preparing to recognize cannabidiol (CBD) as a reimbursable therapeutic option for older Americans, marking a major federal acknowledgment of CBD’s medical value. At the ...
Czech Republic Rolls Out Limited Cannabis Reforms, Allowing Home Growing and Possession Caps
PRAGUE – The Czech Republic ushered in the new year with measured changes to its Cannabis policies, legalizing personal cultivation and setting clear possession thresholds for adults. Under the reforms signed into law by President Petr Pavel and effective January 1, individuals aged 21 and older may now grow up to three Сannabis plants at ...
Verano Expands Medical Cannabis Footprint in West Virginia
CHICAGO – Verano Holdings Corp. has launched its sixth medical Cannabis outlet in West Virginia, targeting the heart of the state's capital to reach more patients in a market that continues to draw steady but measured demand. The new Zen Leaf Charleston began operations with a ribbon-cutting ceremony, bringing Verano's total dispensaries count to six ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators and investors wrapped up 2025 on a high note, with federal policy breakthroughs and corporate maneuvers signaling sustained growth potential across Cannabis & Psychedelics. Over the past two weeks, President Trump's EO on rescheduling captured headlines, while the Supreme Court's pass on a key prohibition challenge underscored the sector's reliance on ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail presence in one of the nation's longtime recreational Cannabis states. The all-stock transaction marks another step in Vireo's push to ...
🚨🚨 BREAKING: TRUMP RESCHEDULES CANNABIS 🚨🚨
WASHINGTON, D.C. –After months of speculation, President Trump Issues Executive Order Directing Federal Rescheduling of Cannabis to Schedule III President Donald Trump has signed an executive order directing federal agencies to complete the rescheduling of Cannabis from Schedule I to Schedule III under the Controlled Substances Act. This is the most significant federal Cannabis policy ...
The Supreme Court Declines to Resolve Federal Cannabis Prohibition—And the Silence Speaks Volumes
WASHINGTON, D.C. – In its December Orders List, the U.S. Supreme Court declined to hear a case that many hoped would finally force a reckoning between federal Cannabis prohibition and state-legal markets. By declining review, the Court effectively allows existing federal law to remain in place without comment, despite the widespread legalization of Cannabis at ...
Ascend Wellness Partners with Cannabis Advocate for New Dispensary in New Jersey
NEW YORK – Ascend Wellness Holdings Inc. disclosed a partnership with Mister Jones LLC and industry advocate Lerone Jones to launch a retail dispensary in Little Falls, NJ. The arrangement, one of the initial deals enabled by state legislation expanding investment in minority- and women-owned Cannabis ventures, positions the companies to open doors on December ...
Grown Rogue Claims Ground in Minnesota
MINNEAPOLIS – Grown Rogue International Inc., a Сannabis MSO focused on premium flower, has signed a long-term lease for a 109,000-square-foot facility in Fridley, just north of Minneapolis, positioning the company to produce for the state's adult-use market. The deal comes as Minnesota's recreational sales kicked off in September 2025, two years after voters approved ...
Stiiizy Expands California Retail Network Buying 12 Gold Flora Outlets
LOS ANGELES – Stiiizy, the dominant player in California's Cannabis retail, has taken control of 12 former Gold Flora dispensaries in a $25 million court-approved transaction, marking a key step in the state's ongoing industry shakeout. The deal, finalized this week after an October 23 auction in Los Angeles Superior Court, adds significant square footage ...
Cronos Targets Europe Through Dutch Cannabis Leader Acquisition
TORONTO – Cronos Group Inc. has agreed to buy CanAdelaar B.V., the top supplier in the Netherlands' controlled adult-use Cannabis program, for $67 million upfront plus performance incentives. The move marks Cronos's first major step into Europe's most developed recreational Cannabis sector. The Toronto-based company's subsidiary signed a binding share purchase contract on December 9, ...
OPINION: MJBizCon25 Review: The Race To Be Second
LAS VEGAS- Gosh… the MJBizCon I attended was awesome — genuinely one of the best and most productive ones I’ve ever been to — which is why I was so surprised to see how much negative commentary appeared afterward. Because the MJBizCon I experienced was vibrant, busy, and full of serious people doing serious business ...
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could vanish from legal channels. The provision, embedded in H.R. 5371 and signed by Trump, redraws the line between hemp and ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated stock adjustments and acquisition plays, while research breakthroughs hinted at broader therapeutic frontiers. Investors watched closely as these developments underscored ...
Curaleaf Opens 70th Dispensary in Florida
STAMFORD – Curaleaf Holdings Inc. added its 70th medical Cannabis dispensary in Florida, targeting patients along the Space Coast with a new location in Cape Canaveral. The store, set for a grand opening on December 12, sits near beaches and residential areas, featuring a curated lineup of pre-rolls, flower selections, vape options, and strains exclusive ...
Aurora Partners with Leafio to Expand Medical Cannabis Reach in Australia
EDMONTON – Aurora Cannabis Inc. disclosed a new wholesale distribution agreement with Leafio, the supply chain arm of Montu Australia, positioning the Canadian producer to channel more of its medical Cannabis lineup into clinics and pharmacies across the continent. The deal, struck through Aurora's local unit MedReleaf Australia, grants Leafio rights to handle sales of ...
Texas Regulator Awards Verano Conditional License to Operate in State’s Medical Cannabis Market
AUSTIN – The Texas Department of Public Safety has issued a conditional license to Verano Texas, LLC, a subsidiary of Verano Holdings Corp., paving the way for the MSO to pursue cultivation, processing, and retail sales of medical Cannabis products across the state. This move comes as part of a broader effort to scale up ...
Sensi Brands Secures Major Cultivation Site in Bid for Overseas Expansion
RICHMOND HILL – Sensi Brands Inc. completed its purchase of Maricann Inc., gaining control of a sprawling production facility tailored for export markets. The deal, the company's biggest to date, centers on a 100-acre campus in Langton, Ontario, complete with a 350,000-square-foot hybrid greenhouse built to EU-GMP standards. The property holds potential for expansion up ...
High Tide Launches Europe’s First Canna Cabana Store in Berlin
BERLIN – High Tide Inc., the Calgary-based Cannabis retailer known for its discount club model, has cut the ribbon on its inaugural European outpost, a Canna Cabana store in central Berlin that sells accessories and lifestyle products tied to Cannabis culture. The 1,500-square-foot location in the vibrant Mitte district, mere steps from Alexanderplatz, Berlin's bustling ...
Kenyan MP Advocates for Regulated Cannabis Framework
NAIROBI – Peter Kalerwa Salasya, the outspoken member of Parliament for Kenya's Mumias East constituency, has ignited fresh debate on Сannabis policy by urging the government to pursue legalization under strict controls. Salasya highlighted the perils of Kenya's current unregulated market, where sellers peddle products without basic knowledge of their contents or effects. His remarks, ...
