Business

Analysis: Germany Legalized Cannabis. Now the Real Work Begins.

BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a federal system—where state-level bureaucracy, financial barriers, and uneven infrastructure continue to shape the business environment. As we move into the ...

May 22nd, 2025|

MariMed Reports Q1 2025 Financial Results

LOS ANGELES- MariMed Inc. a multi-state cannabis operator, reported its financial results for the first quarter ended March 31, 2025. Financial Overview Revenue: $38.0 million, a slight increase from $37.9 million in Q1 2024. Gross Margin: GAAP gross margin decreased to 40% from 43% in the prior year. Net Loss: $5.4 million, compared to a ...

May 22nd, 2025|

Why Bob Hoban Is Defending Steve DeAngelo—And What It Reveals About Cannabis Policy

LOS ANGELES- In cannabis industry discourse, facts can be overshadowed by simplified narratives. One such claim—widely circulated in trade circles—is that Steve DeAngelo, founder of Harborside and a prominent figure in the legalization movement, was responsible for dismantling California’s one-acre cultivation cap by lobbying for license stacking. Attorney Bob Hoban, a national expert in cannabis ...

May 21st, 2025|

Canopy Growth Introduces Targeted Product Expansion for Canadian Market

LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of the company's efforts to align its offerings with evolving consumer preferences and market trends Strategic Product Launches The company's latest ...

May 16th, 2025|

Glass House Brands to Manage The Leaf El Paseo Dispensary

LOS ANGELES- Glass House Brands Inc. and LEEF Brands Inc. have entered into a Management Services Agreement (MSA), under which Glass House will oversee operations of The Leaf El Paseo dispensary in Palm Desert, California. The agreement, effective for an initial one-year term with potential extensions, includes Glass House managing all aspects of the dispensary's ...

May 15th, 2025|

Cronos Group Reports First Quarter 2025

LOS ANGELES- Cronos Group Inc. reported its financial results for the first quarter ended March 31, 2025, indicating a net revenue of $32.3 million, a 28% increase compared to the same period in 2024. The growth was primarily driven by higher cannabis flower sales in international markets, notably Israel, and increased cannabis extract sales in ...

May 9th, 2025|

THC Design Repositions for National Expansion

LOS ANGELES- THC Design, a California-based cannabis company, has undertaken a comprehensive rebranding initiative in collaboration with New York creative studio Super Okay. The effort aims to transition the company from a regional entity to a national presence in the cannabis industry. Established in 2016 and now employee-owned, THC Design sought to redefine its brand ...

May 9th, 2025|

The Hemp Surge: A Growing Challenge to Regulated Cannabis

NEW YORK — The legal line between hemp and cannabis in the U.S., drawn by the 2018 Farm Bill, was meant to clarify regulation. Instead, it created a set of inconsistencies that still affect how businesses operate, how laws are enforced, and how states build cannabis policy. While licensed cannabis businesses deal with strict systems ...

May 9th, 2025|

Navigating Local Cannabis Regulations: A State-by-State Guide

NEW YORK — Cannabis regulation in the United States functions as a multi-layered governance system, where legal authority is distributed across federal, state, and local levels—with local jurisdictions exerting the most immediate control over real-world operations. While public and investor attention often centers on statewide legalization milestones, the practical determinants of market access—zoning approvals, permitting ...

May 9th, 2025|

TerrAscend Expands New Jersey Presence with Acquisition of Union Chill Dispensary

LOS ANGELES- TerrAscend Corp., a North American cannabis operator, has entered into an agreement to acquire Union Chill Cannabis Company LLC, a single-location dispensary in Hunterdon County, New Jersey. This acquisition marks TerrAscend's fourth dispensary in the state and expands its retail footprint to 39 locations across five U.S. states and Canada. Union Chill, established ...

May 8th, 2025|

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|
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