M4MM
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 – RYTHM, 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 ...
Definium Clears Phase 3 Trial for its LSD-Based Depression Treatment
NEW YORK – Definium Therapeutics Inc. announced positive topline data from its Phase 3 Emerge study evaluating DT120, an orally disintegrating tablet (ODT) formulation of pharmaceutical LSD, in adults with major depressive disorder (MDD). The ...
Vireo Growth Finalizes Equity Stake in Two Maryland Dispensaries
MINNEAPOLIS – Vireo Growth Inc. announced that it has completed the acquisition of an indirect 49% equity interest in HA-MD, LLC, the entity that owns Chesapeake Integrated Health Institute and Maryland Alternative Relief, two licensed ...
Khalifa Kush Enters Australia Through Endoca Distribution Deal
LOS ANGELES – Khalifa Kush, the Cannabis brand founded by rapper Wiz Khalifa, has struck a distribution agreement with Australian medicinal Cannabis company Endoca to bring its flower, edibles and vape cartridges to patients across ...
Otsuka Completes $1.23B Buyout of Transcend Therapeutics
PRINCETON – Otsuka America, the U.S. subsidiary of Otsuka Pharmaceutical Co., Ltd., announced that it has completed its acquisition of Transcend Therapeutics, a New York biotechnology company developing rapid-acting treatments for neuropsychiatric disease. First disclosed ...
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 – RYTHM, 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 ...
Ricky Williams Urges Trump to Advance Cannabis Rescheduling Despite Policy Pushback
WASHINGTON – Retired NFL player Ricky Williams has renewed calls for President Trump to reclassify Cannabis to Schedule III, positioning the change as vital for medical access and economic stability in an op-ed that highlights ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
Seasoned Media Executives Launch IgniteIt Inc., a New Media and Events Powerhouse formerly operated as Benzinga Cannabis
Detroit, MI —Wednesday, Aug 20, 2025 —Today, IgniteIt Inc. (IgniteIt) announced that the cannabis industry’s premier business conference and media platform, formerly operated by Benzinga Cannabis, is entering a new chapter, separate and not affiliated ...
Cannara Biotech Secures $10M Credit Expansion for Valleyfield Facility Growth
MONTREAL – Cannara Biotech Inc., has announced a $10 million expansion of its credit facility with Bank of Montreal (BMO) to fund enhancements at its Valleyfield, Quebec, facility. This strategic move supports the company’s ambition ...
DCC and Metrc Advance California Cannabis Safety with QR Recalls
LAKELAND – In a move aimed at strengthening public health protections in the state's regulated Cannabis sector, Metrc has introduced a new recall notification system tied to its Metrc Retail ID™ QR codes. The feature, ...
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
Trump’s Potential Cannabis Rescheduling Sparked Stock Rise and Industry Uncertainty
LOS ANGELES – On August 11, 2025, President Donald Trump’s public comments on potentially rescheduling Cannabis from Schedule I to Schedule III under the Controlled Substances Act skyrocketed Cannabis stocks. The AdvisorShares Pure U.S. Cannabis ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
Crafting Cannabis Excellence: How Quality Builds Lasting Brands
In the bustling Cannabis market, where fierce competition and economic pressures have driven prices down, many products risk blending into a sea of sameness. Yet, a select group of companies stands out by prioritizing premium ...
Cannabis Legalization Drives Property Growth, Research Finds
LOS ANGELES – The legalization of recreational Cannabis has had a substantial positive impact on home values across the United States, effectively dispelling myths that it harms property markets. From 2009 to 2024, homes in ...
LEEF Brands Reports Q2 2025 Financial Results
VANCOUVER – LEEF Brands Inc. disclosed its second-quarter financials, showing steady revenue gains offset by squeezed margins and ongoing losses. The company reported $8.7 million in revenue for the period ended June 30, a 10% ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
