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 …
Category: Cannabis Business
Cannabis business news covering company earnings, acquisitions, store openings, market trends, investments and major industry developments.
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 …
Ascend Wellness Schedules Reverse Stock Split Vote Ahead of Planned U.S. Exchange Uplisting
Ascend Wellness Holdings announced Monday that it will ask stockholders to approve a reverse stock split as the multistate marijuana operator prepares to pursue a listing on a major U.S. stock exchange. The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission for a virtual special meeting scheduled for …
Trulieve Eyes September Launch for Medical Marijuana Dispensaries in Austin, Dallas and San Antonio
Trulieve Cannabis Corp. is preparing to open three medical marijuana dispensaries in Texas this fall, marking a major expansion into one of the nation’s most restrictive cannabis markets. The multistate operator is targeting September openings for locations in Austin, Dallas and San Antonio, according to renovation filings with the Texas Department of Licensing and Regulation …
Tilray Launches First Medical Cannabis Product in Panama
Tilray Medical has commercially launched its first medical cannabis product in Panama, expanding the company’s presence in Latin America. The company announced that Tilray Oral Solution CBD100 has been shipped from its European Union Good Manufacturing Practice-certified production facility in Portugal. The prescription product will be distributed through Farmacias Arrocha, a major pharmacy network operating …
Trulieve Named One of TIME’s America’s Best Companies for 2026
Trulieve Cannabis Corp. has been named to TIME’s America’s Best Companies 2026 list, making it one of just two cannabis companies included in the national ranking. Green Thumb Industries also made the list. The annual list, compiled by TIME and Statista, recognizes 1,000 U.S. companies based on employee satisfaction, financial performance and transparency surrounding sustainability …
Aurora Cannabis Becomes First Marijuana Company Named to TIME Canada’s Best Companies List
Aurora Cannabis announced today that it has been named to TIME’s Canada’s Best Companies 2026 list, becoming the first cannabis company to receive the recognition. The annual ranking, compiled by TIME in collaboration with Statista, evaluated Canadian companies with at least US$100 million in revenue and positive three-year revenue growth. Companies were assessed based on …
