Jushi Holdings Inc. has completed its previously announced redomicile from British Columbia, Canada, to Nevada, the multistate marijuana operator announced Friday. The move became effective July 30 after the company filed the required documents with the Nevada Secretary of State and received the necessary court approval. Jushi shareholders approved the redomicile during the company’s annual …
Category: Cannabis Business
Cannabis business news covering company earnings, acquisitions, store openings, market trends, investments and major industry developments.
High Tide Completes $7.77 Million Acquisition of Four Ontario Marijuana Stores
High Tide Inc. announced today that it has completed its $7.77 million acquisition of Northern Helm, adding four marijuana stores in Ontario to its retail network. The stores are located in Bowmanville, Kingston, Courtice and Oshawa. With the acquisition complete, High Tide now operates 228 marijuana stores across Canada, including 103 in Ontario. The Calgary-based …
Curaleaf to Open 75th Florida Marijuana Dispensary in Boynton Beach on July 31
Curaleaf Holdings will open its 75th Florida medical marijuana dispensary Friday, July 31, expanding the company’s nationwide retail footprint to 167 locations. The new dispensary is located at 3575 W. Boynton Beach Blvd. in Boynton Beach, near the Boynton Beach Mall and several major roadways. The location will carry a range of medical marijuana products, …
SNDL-Backed Entity Acquires 56 Parallel Cannabis Locations Across Florida, Texas and Massachusetts
SNDL announced Monday that an entity backed by its Sunstream joint venture has completed the acquisition of certain Parallel cannabis assets in Florida, Texas and Massachusetts. The transaction includes 56 retail locations and three cultivation and manufacturing facilities generating approximately $150 million in annualized revenue. Through the deal, SNDL has indirect majority economic exposure equivalent …
Glass House Brands Hires Former DEA Official to Advise on Potential Interstate Marijuana Commerce and Exports
Glass House Brands has retained a former Drug Enforcement Administration official to help the California-based marijuana company prepare for potential interstate commerce and international export opportunities. The company announced Monday that Matt Murphy will advise it on developing compliance systems that could meet federal Schedule III requirements and the regulations of markets outside California. Interstate …
Vireo Growth to Acquire Planet 13 Holdings
Vireo Growth has entered into an agreement to acquire Planet 13 Holdings, a transaction expected to significantly expand Vireo’s marijuana operations in Nevada and Florida while adding to its developing presence in Illinois. Under the agreement announced Monday, each outstanding share of Planet 13 common stock will be converted into the right to receive 0.015383618 …
FLUENT Reaches Agreement to Sell New York Cannabis License and Operations
FLUENT Corp. has reached a definitive agreement to sell its New York cannabis license and certain operating assets to an unnamed third-party operator. The agreement, signed July 22, would transfer Etain, LLC, FLUENT’s operating entity in New York, including its Registered Organization license, certain operating assets and associated leases. The buyer would provide cash consideration, …
Tilray Launches ZONNA THC Pouches Across Canada
Tilray Brands has launched ZONNA, a new cannabis brand offering fast-acting THC pouches for adult consumers seeking a smoke-free and discreet alternative to traditional marijuana products. The company announced Thursday that ZONNA is launching with Bubble Pink pouches, each containing 10 milligrams of THC. The products are now available through licensed cannabis retailers across Canada. …
Vireo Growth to Acquire Up to 25 Cannabis Dispensaries and Other Assets From The Cannabist Company
Vireo Growth Inc. has entered into an agreement to acquire cannabis operations from The Cannabist Company Holdings Inc. across five states in a transaction valued at up to $35 million. The deal includes cultivation, manufacturing and retail assets in Colorado, Illinois, Massachusetts, New Jersey and West Virginia. Vireo will pay up to $18.75 million in …
Curaleaf to Open 74th Florida Dispensary, Bringing Nationwide Total to 166
Curaleaf Holdings will open its 74th Florida medical marijuana dispensary Friday, expanding the company’s nationwide retail footprint to 166 locations. The new dispensary, located at 2115 S. Ridgewood Ave. in Edgewater, will be Curaleaf’s second location in Volusia County. The store will offer several of the company’s marijuana brands and products, including Reef flower, Anthem …
