Legal Affairs
The Hemp Surge: A Growing Challenge to Regulated Cannabis
NEW YORK — The legal line between hemp and cannabis ...
The Role of Government Relations in Cannabis Industry Success
NEW YORK — In highly regulated industries, success depends not ...
Government Relations at The Core
NEW YORK — In industries where business depends on regulation—such ...
CRB Monitor and NCS Analytics Partner to Bridge the Cannabis Compliance Data Gap
DENVER – Two of the industry's most data-intensive platforms that have long operated on parallel tracks in the Cannabis compliance space announced a formal partnership, combining regulatory licensing records with real-time operational analytics into a ...
Decibel Reports Q2 2026 Financial Results
CALGARY – Decibel Cannabis Co. Inc. reported second-quarter net revenue of $35.6 million for the period ended June 30, 2026, the best three-month result in the company's history. A licensed Canadian Cannabis producer simultaneously raised ...
Organigram Pulls Sanity Group Into a Single Global Structure
TORONTO – Organigram Global Inc. did not wait out the calendar. Roughly four months after the April 2026 closing of its acquisition of Sanity Group GmbH, the Canadian Cannabis producer announced an accelerated integration of ...
Decibel Reports Q2 2026 Financial Results
CALGARY – Decibel Cannabis Co. Inc. reported second-quarter net revenue of $35.6 million for the period ended June 30, 2026, the best three-month result in the company's history. A licensed Canadian Cannabis producer simultaneously raised ...
Organigram Pulls Sanity Group Into a Single Global Structure
TORONTO – Organigram Global Inc. did not wait out the calendar. Roughly four months after the April 2026 closing of its acquisition of Sanity Group GmbH, the Canadian Cannabis producer announced an accelerated integration of ...
Aurora Takes Ownership of UK Patient Supply Chain with Birmingham Acquisitions
EDMONTON – Aurora Cannabis Inc. has acquired two licensed UK pharmaceutical entities, consolidating vertical control of its distribution network in one of Europe's most active medical Cannabis markets. Through a wholly owned subsidiary, Aurora announced ...
Texas’s Dazed Inc Claims Expansion and Buyback Strategy
AUSTIN – Dazed Inc., formerly MedX Holdings, Inc., released a corporate update covering retail expansion, Q2 2026 financial results, a planned stock buyback, and product distribution. The company announced a signed franchise agreement for a ...
CRB Monitor and NCS Analytics Partner to Bridge the Cannabis Compliance Data Gap
DENVER – Two of the industry's most data-intensive platforms that have long operated on parallel tracks in the Cannabis compliance space announced a formal partnership, combining regulatory licensing records with real-time operational analytics into a ...
Decibel Reports Q2 2026 Financial Results
CALGARY – Decibel Cannabis Co. Inc. reported second-quarter net revenue of $35.6 million for the period ended June 30, 2026, the best three-month result in the company's history. A licensed Canadian Cannabis producer simultaneously raised ...
Organigram Pulls Sanity Group Into a Single Global Structure
TORONTO – Organigram Global Inc. did not wait out the calendar. Roughly four months after the April 2026 closing of its acquisition of Sanity Group GmbH, the Canadian Cannabis producer announced an accelerated integration of ...
PSYCH Symposium Rebrands as Mind Forward for Another London Event
LONDON – The organizers of Europe’s established psychedelic medicine conference have rebranded the platform and expanded its focus. The new identity, Mind Forward, will host a one-day symposium in London later this year. PSYCH has ...
Organigram Reports Q3 Fiscal 2026 Financial Results
TORONTO – Organigram Global Inc. released its third-quarter fiscal 2026 results, showing the first full contribution from its recent European acquisition alongside continued strength in the Canadian market. The company reported higher sales and adjusted ...
Curaleaf States Intention to Bid for Aurora Cannabis
STAMFORD – Curaleaf Holdings Inc. has publicly outlined plans to purchase all of the issued and outstanding common shares of Aurora Cannabis Inc., moving the proposal directly to shareholders after earlier private outreach. The announcement ...
Vireo Growth Reports Q2 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. reported GAAP revenue of $209.3 million for the three months ended June 30, 2026, up 335% year-over-year from $48.1 million in Q2 2025, driven by the Eaze, Hawthorne Gardening Company, ...
Senate Votes to Extend Hemp THC Ban Timeline
WASHINGTON – The U.S. Senate voted to table a bipartisan amendment that would have kept a federal hemp THC ban on schedule for November. By a 61-32 margin, the chamber defeated a proposal from Sen. ...
Puerto Rico Governor Orders Psychedelics Research
SAN JUAN – Puerto Rico’s governor has directed the territory’s health department to examine the practical steps needed to advance clinical research into emerging therapies, including certain psychedelic compounds. The move positions a commonwealth to ...
Vireo Growth Closes Colorado Retail Deal, Secures Bank-Led Credit Line
MINNEAPOLIS – Vireo Growth Inc. announced it had received all required regulatory approvals and formally closed its acquisition of certain Colorado retail assets from PharmaCann Inc. Additionally, the company disclosed a senior secured asset-based revolving ...
Trulieve Reports Q2 2026 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. released its second-quarter 2026 financial results, reflecting a period that included the deconsolidation of Harvest operations, recognition from TIME magazine, and the company's listing on the New York Stock Exchange. ...
NY Cannabis Market Gains New Outdoor Sales Path
NEW YORK – New York Governor Kathy Hochul signed legislation that expands the ways licensed microbusinesses and dispensaries can sell Cannabis products at approved community events. The measure aims to give smaller operators more direct ...
High Tide Closes BMO Credit Facility, Issues Q3 Guidance
CALGARY – High Tide Inc. closed its C$40 million senior secured credit facilities with Bank of Montreal (BMO), replacing an existing arrangement with ConnectFirst Credit Union and substantially lowering the company's cost of capital. The ...
LEEF Brands Reports Q2 2026 Financial Results
VANCOUVER – LEEF Brands Inc. posted gross profit up 62% and gross margin that nearly doubled year-over-year, even as top-line revenue fell by 16%. Net revenue reached $7.3 million, down from $8.7 million in Q2 ...
ACT LAB Enters NJ Cannabis Market with Sriven Labs Acquisition
TRENTON – ACT LAB, a Cannabis and hemp testing and compliance laboratory network, announced its entry into New Jersey through the acquisition of Sriven Labs (SV Labs – NJ), a licensed and ISO-accredited testing laboratory ...
Cresco Labs Reports Q2 2026 Financial Results
CHICAGO – Cresco Labs Inc. released its second-quarter 2026 financial results, offering a clear look at how the multistate operator performed through the end of June. The company, known for its branded products and Sunnyside ...
Curaleaf Reports Q2 2026 Financial Results
STAMFORD – Curaleaf Holdings Inc. posted second-quarter 2026 revenue of $340.1 million, up 10% year-over-year and 5% sequentially; with net income from continuing operations of $12.5 million, or $0.05 per share, reversing a $48.1 million ...
Aurora Cannabis Reports Q1 FY 2027 Financial Results
EDMONTON – Aurora Cannabis Inc. released its first-quarter fiscal 2027 results, covering the period ended June 30, 2026. The Canadian medical Cannabis company highlighted growth in its international segment alongside a smaller overall revenue figure ...
GTI Reports Q2 2026 Financial Results
CHCAGO – Green Thumb Industries Inc. reported Q2 2026 revenue of $306.7 million, clearing Wall Street's consensus estimate of $298.99 million by roughly $8 million. The result represented a 4.6% year-over-year gain, driven primarily by ...
Verano Reports Q2 2026 Financial Results
CHICAGO – Verano Holdings Corp. posted net revenue of $218 million for the three months ended June 30, 2026, up 8% year-over-year from $202 million in Q2 2025, and up 5% sequentially from $208 million ...
RYTHM Reports Q2 2026 Financial Results
ROLLING MEADOWS – RHYTHM, Inc. posted revenue from continuing operations of $23 million in the second quarter of 2026, a 73% sequential increase that cleared management's own guidance of 65% growth. For context. Total revenue ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The final days of July and the opening of August delivered a concentrated burst of news that touched labor, capital markets, federal regulation, and cross-border insolvency. A historic labor settlement, a one-company ...
MJBowl Adds Colorado for Its Second Year
LOS ANGELES – The MJBowl, the Cannabis product competition co-presented by MJBizCon and professional review platform Budist, is returning for its second year, with Colorado joining California and New York in the competition pool for ...
FDA Issues Final Guidance on Psychedelic Drug Trials
SILVER SPRING – The FDA published its final guidance titled "Psychedelic Drugs: Considerations for Clinical Investigations" in the Federal Register, finalizing a draft that first appeared in June 2023. Issued by the Center for Drug ...
Vireo Growth Re-Enters Ohio Through Four Concurrent Deals
MINNEAPOLIS – Vireo Growth Inc. announced that it has signed four separate Securities Purchase Agreements to acquire all membership interests of FarmaceuticalRx LLC, FarmaceuticalRx 2 LLC, CAOH LLC, and Canoe Hill Ohio, LLC. The four ...
Cannabis Workers Win Biggest Strike in U.S. History
BARRY – Employees at Ascend Wellness's Cannabis cultivation facility in Barry, Illinois, ratified their first union contract on July 30, ending a 30-day unfair labor practice strike that the International Brotherhood of Teamsters says was ...
Final Bell Exhausts Strategic Options, Files for Bankruptcy in Canada
LOS ANGELES – Final Bell Holdings International Ltd. has made a voluntary assignment in bankruptcy under Section 49 of Canada’s Bankruptcy and Insolvency Act. A Licensed Insolvency Trustee was appointed, and the Office of the ...
LEEF Brands Secures Processing Facility With $5.2M Preferred Round
VANCOUVER – LEEF Brands, Inc. announced the closing of a $5.2 million preferred share financing. The proceeds will fund the purchase of a Cannabis processing and storage facility that will dry, cure, freeze, and store ...
