M4MM
SNDL Reports Q1 2026 Financial and Operational Results
EDMONTON – SNDL Inc. disclosed a 4.4% drop in net revenue for the three months ended March 31, 2026, as softness in both its Cannabis and liquor businesses weighed on results. The company, which operates ...
Hemp THC Ban Moves Closer as Congressional Fixes Collapse
WASHINGTON – The federal clock on hemp-derived THC products is ticking with no sign of relief from Capitol Hill. Amendments filed last week to delay, or in one case accelerate, the November 12 ban on ...
Helus Pharma Teams Up with TARA Mind on Veteran Mental Health Efforts
NEW YORK – Helus Pharma, a clinical-stage biopharmaceutical company focused on developing novel serotonergic agonists (NSAs) to treat mental health conditions, announced it has joined forces with TARA Mind to help recruit veterans for its ...
Glass House and Vireo Combine California Retail Ops to Form New JV
LONG BEACH – Glass House Brands Inc. and Vireo Growth Inc. announced that they will combine their California dispensary operations into a 50/50 joint venture aimed at creating one of the state’s largest Cannabis retail ...
Legal U.S. Cannabis Markets Generated Over $6B in Q1 2026
LOS ANGELES – Legal Cannabis markets across the United States generated $6.6 billion in sales during the first three months of 2026, according to compiled and released state regulatory data. The figure, which includes adult-use ...
Week in Review: Cannabis & Psychedelics Industry Highlights
The last fortnight delivered sustained progress across the U.S. Cannabis sector and meaningful steps forward in Psychedelics, showcasing the tangible outcomes that stem from a balance of ambition and discipline. State programs posted solid numbers, ...
Two in Three Americans Support Legal Home Cannabis Cultivation, The Harris Poll Finds
LOS ANGELES – A new national survey shows that a clear majority of U.S. adults support the right to grow Cannabis at home, even as many Cannabis users express concerns about pesticides in store-bought products. ...
SNDL Reports Q1 2026 Financial and Operational Results
EDMONTON – SNDL Inc. disclosed a 4.4% drop in net revenue for the three months ended March 31, 2026, as softness in both its Cannabis and liquor businesses weighed on results. The company, which operates ...
Hemp THC Ban Moves Closer as Congressional Fixes Collapse
WASHINGTON – The federal clock on hemp-derived THC products is ticking with no sign of relief from Capitol Hill. Amendments filed last week to delay, or in one case accelerate, the November 12 ban on ...
Helus Pharma Teams Up with TARA Mind on Veteran Mental Health Efforts
NEW YORK – Helus Pharma, a clinical-stage biopharmaceutical company focused on developing novel serotonergic agonists (NSAs) to treat mental health conditions, announced it has joined forces with TARA Mind to help recruit veterans for its ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
The Intoxicating Hemp Ban Is About to Become Law — and It’s a Pyrrhic Victory for Cannabis
LOS ANGELES- The federal government just erased a $20-billion industry under the guise of “closing a loophole.” But rather than protecting consumers, Washington has dealt a crippling blow to both hemp and legal Cannabis — ...
Senate Spending Package Eyes Hemp THC Crackdown as Shutdown Continues, Trump Backs Restrictions
WASHINGTON – A bipartisan spending package drafted to end the nation's longest government shutdown now includes a provision that would sharply curtail sales of hemp-derived THC products, garnering White House endorsement and fierce opposition from ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Operators sharpened their focus on balance sheets and strategic footholds while policymakers grappled with regulatory gaps and emerging threats. Funding flowed into psychedelics innovation, MSOs reported Q3 2025 earnings, trimmed underperformers, and ...
Cronos Group Reports Q3 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian Cannabis producer with a growing international footprint, reported third-quarter results that marked new highs for revenue, profitability, and cash reserves, even as domestic challenges in Canada tempered some ...
Aurora Cannabis Reports Q2 FY2026 Financial Results
EDMONTON – Aurora Cannabis Inc. posted a solid second quarter for its fiscal 2026, with total net revenue climbing 11% to CA$90.4 million, driven by a surge in international medical Cannabis sales that highlighted the ...
Cresco Labs Reports Q3 2025 Financial Results
CHICAGO – Cresco Labs, a major player in branded Cannabis products and the Sunnyside retail chain, announced third-quarter results showing revenue of $165 million for the period ended September 30. The figure marked a modest ...
Planet 13 Exits California, Focusing on Nevada and Florida
LAS VEGAS – Planet 13 Holdings Inc., the vertically integrated Cannabis operator known for its expansive Las Vegas flagship, disclosed plans this week to sell off its sole California retail outlet and shutter its cultivation ...
Green Thumb Industries Reports Q3 2025 Financial Results
CHICAGO – Green Thumb Industries released third-quarter earnings that reflected a narrow sales increase alongside deepening price cuts in established markets. The company posted $291.4 million in revenue for the period, a 1.6% rise from ...
Curaleaf Reports Q3 2025 Financial Results
STAMFORD – Curaleaf Holdings Inc. unveiled its third-quarter financials, revealing a revenue figure that edged past analyst forecasts while underscoring the company's deepening reliance on global markets to counter domestic challenges. The Cannabis MSO recorded ...
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with Zohran Mamdani's clear mandate on November 4, 2025, as the 34-year-old assemblyman secured 50.4% of the vote against former Gov. Andrew Cuomo's 41.6% and Curtis ...
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of leading alcohol trade groups urged congressional leaders to suspend sales of intoxicating hemp-derived products until federal rules can be established, warning that the market's unchecked ...
Trulieve Reports Q3 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. disclosed third-quarter results showing revenue of $288 million, edging up 1% from the year-ago period but dipping 5% from the second quarter. The figures highlight a push toward tighter operations ...
Trulieve Redeems $368M in Notes, Signaling Debt Reduction Push
TALLAHASSEE – Trulieve Cannabis Corp. has announced its decision to redeem its entire $368 million portfolio of 8.0% senior secured notes, due in 2026. The company issued the redemption notice, setting an early payoff date ...
