News
Cannara and Curaleaf Strengthen Ties Across Global Cannabis Supply Chain
MONTREAL – Cannara Biotech Inc. has broadened its long-term supply agreement with Curaleaf International Limited, raising the contract's potential aggregate value to roughly CA$34 million across its two-year term. The original deal, first disclosed in July, was valued at up to CA$21 million – a figure the revised terms now exceed by approximately 60%, provided ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Something shifted last fortnight, and the numbers show it. A cross-border acquisition fight is escalating in public and raising its own price, with hundreds of millions of dollars and an entire European supply chain on the table. Meanwhile, index committees are admitting Cannabis MSOs to their ranks, psychedelics investors are writing nine-figure ...
Should You Stay in the Cannabis Industry—or Should You Leave?
SAN DIEGO -My friend Annie Starr, a Harvard MBA, and a marketer I admire, recently left the Cannabis industry, and I thought it was a shame to see someone of her talent go. But as the market consolidates, opportunities for people of her caliber can become harder to find. Her departure got me thinking about ...
Curaleaf Raises Bid to Acquire Aurora Cannabis
STAMFORD – Curaleaf Holdings Inc. announced it will file a notice to increase its acquisition offer for Aurora Cannabis Inc. to US$5.00 per share. Under the enhanced terms, Aurora shareholders would receive 0.4013 Curaleaf shares plus US$1.00 in cash per Aurora share, with maximum consideration rising to US$6.00 per share. The cash component alone reflects ...
Ohio Sets New Package and Potency Limits for Cannabis Products
COLUMBUS – The Ohio Department of Commerce Division of Cannabis Control adopted the rule, which applies to products intended for direct sale to recreational consumers and medical patients. It generally bars products from exceeding 90% THC. Packages of dried flower are limited to one ounce. Raw single-serving units may contain no more than one gram ...
Curaleaf Secures Australian Approval for Medical Cannabis Inhaler, Lists in New Zealand
LONDON – Curaleaf International, part of Curaleaf Holdings, Inc., in partnership with Jupiter Research LLC, announced that its Que Medical Inhalation Device (QMID) has been registered by Australia's Therapeutic Goods Administration (TGA) as a Class IIb Medical Device in the Australian Register of Therapeutic Goods (ARTG). This makes the QMID the first device for the ...
BetterLife Closes $100M Offering for Neurological Drug Pipeline
VANCOUVER – BetterLife Pharma Inc. closed a US$100 million public offering, providing capital to take its lead candidate through Phase I and Phase II clinical trials for cluster headache and migraine. Deep Track Capital led the financing, joined by Coastlands Capital, Marshall Wace, RA Capital Management, and Perceptive Advisors – a group of specialized healthcare ...
DEA Judge Stalls Cannabis Rescheduling Over Process Gaps Report
WASHINGTON – Federal adult-use Cannabis rescheduling is at a standstill. Again. This time, the trigger is a government audit that found the Drug Enforcement Administration (DEA) and the Food and Drug Administration (FDA) have long conducted scheduling evaluations without comprehensive written procedures in place. On September 29, DEA Chief Administrative Law Judge Derek C. Julius ...
NCS Analytics Partners with Cannabiz Credit Association on Lending Data
DENVER – NCS Analytics and Cannabiz Credit Association have entered an exclusive agreement that links payment histories to existing operational risk tools. The arrangement targets lenders evaluating licensed Cannabis businesses and aims to give them a clearer view of both performance and repayment behavior. CCA’s data set, covering more than $3.7 billion in verified payment ...
Vireo Growth Ties Ohio Note to Shares via Put/Call Agreement
MINNEAPOLIS – Vireo Growth Inc. announced that it entered a Put/Call Agreement with Battle Green Holdings SR LLC – the current holder of a promissory note originally issued by BG Ohio SPV LLC. The principal on the note stands at $18,096,028. Under the terms, Battle Green Holdings holds the Put Right [the ability to require ...
BLAZE Rolls Out AI Connector for Cannabis Dispensaries
ANAHEIM – Cannabis retail software provider BLAZE has introduced a new tool that links common AI assistants directly to its platform data. The release aims to let operators query inventory, adjust promotions and manage other tasks through everyday language prompts. The product, called BLAZE MCP or Model Context Protocol, connects assistants like Claude and ChatGPT ...
Study Finds Strong Consumer Support for State Cannabis QR Codes
LOS ANGELES – Cannabis Public Policy Consulting conducted the study, surveying over 3,000 past-month Cannabis consumers across 33 U.S. jurisdictions with legal medical or adult-use markets. Metrc commissioned the work, though the consulting firm retained independent control over methods, findings and conclusions. Respondents viewed a demonstration of a state-issued QR code linking to laboratory results, ...
Nasdaq’s $5M Delisting Rule: Frozen, Not Finished
WASHINGTON – The Securities and Exchange Commission (SEC) approved a new Nasdaq listing requirement on July 22, stayed it seven days later after receiving petitions, and on September 11 formally granted those petitions for full agency review. Comments are accepted through October 6. Filed as SR-NASDAQ-2026-004, the rule would require all companies listed on the ...
Trulieve Secures Exclusive Master Licensing Agreement with Connected
TALLAHASSEE – Trulieve Cannabis Corp. announced a master licensing agreement giving the multi-state Cannabis operator exclusive rights to cultivate, manufacture, and sell Alien Labs and Connected-branded products in both Florida and Texas. The agreement is perpetual and royalty-free, covering both brands' genetics, trademarks, and proprietary production knowledge. Trulieve has been the exclusive provider of Alien ...
New Menopause Guide Unlocks the Power of Major Cannabinoids
HONOLULU – As demand for Cannabis and hemp-based wellness products aimed at midlife women continues to grow, a new comprehensive guide by Rare Cannabinoid Company is pushing back against the one-size-fits-all framing that has come to define this segment. Titled CBD for Menopause: A Guide to Cannabis, THC, CBN and Hemp, the resource examines growing ...
Kasvu Therapeutics Raises €30M for Next Generation Neuroplasticity Drugs
HELSINKI – Kasvu Therapeutics, a three-year-old spinout from the University of Helsinki, closed a €30 million Series A to advance its lead compound toward clinical development. The round was led by Hadean Ventures, with participation from Tesi (Finnish Industry Investment), the Finnish Drug Discovery Center, Innovestor Life Science Fund, Stephen Industries, and existing backers Nordic ...
Aurora Hits Curaleaf with Regulatory Complaint Over Hostile Bid
EDMONTON – Aurora Cannabis Inc. filed an application with the Alberta Securities Commission (ASC), asking the regulator to order Curaleaf Holdings Inc. to correct several alleged deficiencies in its hostile takeover bid circular – or face consequences that could invalidate the bid's current structure entirely. Aurora says Curaleaf's circular, which formally commenced the unsolicited bid, ...
RIOCOCO Opens Its Largest Single Production Site in Sri Lanka
KATUPOTHA – RIOCOCO, one of the world's leading manufacturers of coconut coir growing substrates, has opened the largest single coco coir production facility in Sri Lanka, built at its existing base in Katupotha and operational since July 2026. The announcement coincides with the company's 22nd year in business. The facility was commissioned to absorb rising ...
California Backs Psychedelic Research for Veterans
LOS ANGELES – When Gov. Gavin Newsom signed Assembly Bill 113, he gave California the distinction of becoming the first state to fund psychedelic-assisted therapy research through an official budget appropriation. The legislation channels $4.7 million to the California Initiative to Advance Precision Medicine (CIAPM), an office within the California Health and Human Services Agency, ...
Kite Challenges Trends with Mindful Wellness Cannabis Line
NEW BRITAIN – A new Cannabis brand out of Connecticut is making a clear break from convention. Kite, founded by entrepreneur and lifelong athlete Oz Pariser, launched its first product line this week with a proposition that runs counter to how most Cannabis brands have traditionally competed. The company is positioning quality of experience above ...
FTSE Canada All Cap Index Adds Curaleaf to Its Ranks
STAMFORD – Curaleaf Holdings Inc. confirmed that it has been added to the FTSE Canada All Cap Index, effective after the close of trading on September 18, 2026. Maintained by FTSE Russell, the index tracks large-, mid-, and small-capitalization companies listed in Canada. The inclusion is Curaleaf's second major Canadian benchmark in twelve months. In ...
Canopy Growth Powers European Expansion with UK Entry
SMITHS FALLS – Canopy Growth Corp. announced that it will supply four Canadian-grown medical Cannabis flower strains for distribution in the United Kingdom, expanding its international Cannabis business into another European market. The products will be supplied to GROW Group U.K. Ltd., a British pharmaceutical company that imports, manufactures and distributes prescribed Cannabis-based medicines, and ...
Canna Cabana Takes the Widest Lead Yet in Canadian Cannabis Retail
CALGARY – A Retailer Insights Report compiled by Rebel & Thorn, a media and marketing consultancy, shows Canna Cabana extending its position across Canadian Cannabis retail in Q3 2026. The findings span brand awareness, primary shopping preference, and daily consumer behavior; with the High Tide Inc. banner topping every regional market measured. Nationally, 36% of ...
Trulieve Earns Its Spot on the S&P Indices
TALLAHASSEE – Trulieve Cannabis Corp. announced that S&P Dow Jones Indices had added the company to the S&P Total Market Index, the S&P Completion Index, and their respective health care sub-indices – S&P TMI Health Care and S&P CI Health Care. Shares climbed 3.1% to $11.86 in New York on Tuesday, and trading volume by early afternoon ...
GTI Bets on Its Own Stock, Again
CHICAGO – Green Thumb Industries Inc. announced that its board of directors had authorized a $50 million share repurchase program – the company's third consecutive buyback initiative since 2023. Under the new program, Green Thumb is authorized to repurchase up to 10,364,640 subordinate voting shares over the following 12 months. Purchases can be made on ...
