M4MM
TerrAscend Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Canadian Cannabis Producers Expand Exports
LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...
Big Cannabis Companies Maintain Optimism in Florida Despite Adult‑Use Setback
LOS ANGELES- Major cannabis operators remain confident in the Florida medical market, viewing it as a strategic long‑term growth opportunity despite the failed November 2024 attempt to legalize adult‑use cannabis. In a recent analysis, Forbes ...
AYR Wellness Updates Delay of Q1 2025 Interim Filings
LOS ANGELES- AYR Wellness Inc. announced that it did not complete the filing of its interim financial statements, management’s discussion and analysis, and related CEO and CFO certificates for the three-month period ended March 31, ...
NewLake Capital Partners Declares $0.43 Second Quarter 2025 Dividend
LOS ANGELES- NewLake Capital Partners, Inc. announced on June 16, 2025, that its Board of Directors has approved a cash dividend of $0.43 per share of common stock for the second quarter of 2025. The ...
TerrAscend Reports Q2 2025 Financial Results
TORONTO – TerrAscend Corp. released its financial results for the second quarter of 2025, highlighting stable performance and strategic shifts. The company reported net revenue of $65 million, a slight decline from $67.2 million in ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Illinois Sets Record in Cannabis Sales; Boosts Social Equity and Diversity in Licensing
LOS ANGELES- Illinois' adult-use cannabis retailers hit a historic peak in November, achieving the highest sales to in-state residents in a single month since the opening of cannabis shops in January 2020. The total sales ...
Ohio Senate Passes Bill Expanding Voter-Approved Cannabis Initiative
LOS ANGELES- In a striking development, Ohio's Republican-controlled Senate has passed a bill that significantly broadens the scope of the state’s voter-approved cannabis initiative, Issue 2. Contrary to initial fears of advocates, the amended legislation, ...
DEA Warns Georgia Pharmacies Against Dispensing Medical Cannabis
LOS ANGELES-The Drug Enforcement Administration (DEA) has issued a stark warning to pharmacies in Georgia, stating that dispensing medical cannabis remains illegal under federal law. This warning comes nearly two months after the Georgia Board ...
New Jersey Considers Home Cultivation for Medical Cannabis Patients
LOS ANGELES- New Jersey is on the brink of a significant legislative change in its cannabis policy. A new bill has been introduced, aiming to legalize home cultivation of cannabis for registered medical cannabis patients. ...
Florida’s Evolving Medical Cannabis Landscape: Trends and Future Prospects
LOS ANGELES - Florida’s medical cannabis market is witnessing significant growth, with over 850,000 active cannabis patients, representing about 4% of the state's population. Insights from the Brightfield Group’s U.S. Cannabis Consumer highlight several key ...
llinois Cannabis Market Reaches New Heights in November Sales
LOS ANGELES- November marked a significant milestone for Illinois' adult-use cannabis market, achieving record-breaking sales predominantly from in-state residents, and ranking as the fifth-highest monthly total since the inception of legal cannabis shops in January ...
Numinus Releases 2023 Financial Year Results
LOS ANGELES- As the financial quarter reports roll out, they offer insights into the performance and strategic directions of various companies. Numinus Wellness Inc., a notable player in the burgeoning psychedelic therapeutics industry, has recently ...
Advancing Medical Cannabis Research in the UK: Progress and Challenges
LOS ANGELES- In 2018, the United Kingdom took a significant step by legalizing medical cannabis, yet its integration into the National Health Services (NHS) has been slow, marked by a lack of clinical studies and ...
Braxia Scientific Corp. Announces Financial Results and Strategic Review
LOS ANGELES- Braxia Scientific Corp, a medical research company known for its innovative ketamine and psilocybin treatments for depression and related disorders, has recently disclosed its financial statements and management discussion for the first half ...
Germany’s Cannabis Legalization Vote Postponed Amid Political Hurdles and Public Debate
BERLIN- Germany's anticipated vote on legalizing cannabis, a significant step in the country's journey towards legalization, has been deferred to next year. This postponement, influenced by the Social Democratic Party (SPD)'s concerns, represents the latest ...
Branded Legacy, Inc. Acquires MariJPharmaceuticals to Bolster CBD Production and Intellectual Property
LOS ANGELES - In a notable expansion of its operations, Branded Legacy, Inc. announced on Tuesday the acquisition of Florida-based MariJ Pharmaceuticals, Inc., a company specializing in certified organic mobile extraction and production of CBD ...
Alabama Medical Cannabis Licensing: A Third Attempt Amid Challenge
LOS ANGELES -In a critical step toward establishing its medical cannabis industry, Alabama's Medical Cannabis Commission (AMCC) approved a new set of licenses on December 1, marking the third attempt in a complicated licensing journey. ...
5 Highlights From this Year’s MJBizCon 2023 in Las Vegas
LOS ANGELES- MJBizCon, the premier cannabis industry conference, made its mark in Las Vegas this year, captivating attendees with the latest trends, innovations, and groundbreaking developments. It's tough now for many operators with many going ...
Ohio Lawmaker Proposes Bill Challenging Newly Approved Cannabis Legalization
LOS ANGELES- A significant development has emerged in Ohio's cannabis legislation landscape. Republican State Representative Gary Click of Vickery has introduced House Bill 341, a legislative proposal aimed at revising the voter-approved measure that recently ...
Minnesota Man Offers Free Cannabis Cultivation Workshops to Public
LOS ANGELES- In a remarkable initiative supporting Minnesota's recent legalization of recreational cannabis, Steve Rosenfeldt, a local entrepreneur, is offering free workshops on cannabis cultivation and basics. Aimed at empowering residents with the skills and ...
