Relm Insurance today announced the launch of its Kidnap and Ransom (K&R) insurance product which is “specifically designed to protect individuals and organizations in the digital asset and cannabis sectors from a growing spectrum of physical threats, including kidnap, extortion, malicious detention, and other crisis events.” The Bermuda-based specialty insurer said the coverage is designed …
Category: Cannabis Business
Cannabis business news covering company earnings, acquisitions, store openings, market trends, investments and major industry developments.
Vireo Growth and Glass House to Merge California Retail Operations Into 23-Store Marijuana Network Through New Joint Venture
Vireo Growth and Glass House Brands announced Monday that they are forming a joint venture that would combine their California dispensary operations into a single retail platform spanning 23 locations, a move the companies say would create one of the largest marijuana retail networks in the state. Under the agreement, each company would contribute its …
Mike Tyson to Open Brooklyn Marijuana Consumption Lounge on 4/20
Mike Tyson has announced the launch of a new marijuana consumption lounge in Brooklyn, marking a major expansion of his Tyson 2.0 brand into New York’s legal market. The Tyson 2.0 Consumption Lounge is scheduled to open on April 20 at 733 Flatbush Avenue, offering what is being described as a “premium consumption sanctuary” where …
Curaleaf Opens 72nd Florida Dispensary in Cape Coral, Expanding to 163 Locations Nationwide
The new store is located at 345 SW 10th Place within the Shops at Del Mar plaza, adding to the company’s growing footprint in Lee County. It becomes Curaleaf’s third location in the immediate area, joining existing dispensaries in Fort Myers and Bonita Springs. The Cape Coral location will offer a range of products tailored …
Rubicon Organics Reports Record $59.5 Million in 2025 Revenue, 22% Increase Over 2024
Rubicon Organics reported record financial results for 2025, with net revenue reaching $59.5 million, a 22% increase from the $48.7 million it generated in 2024.
Vireo Finalizes Acquisition of 45 Dispensaries Across Colorado and New Mexico
Vireo Growth Inc. today announced it has closed its acquisition of assets from multi-state operator Schwazze, adding dozens of dispensaries across Colorado and New Mexico.
Tilray Medical Expands Australia Portfolio With New Marijuana Flower, Vapes, Extracts and Pastilles
Tilray Medical announced Thursday that it is rolling out its largest expansion in Australia to date, adding a wider range of medical marijuana products as it deepens its presence in one of the world’s more established regulated cannabis markets.
Cannabis Industry Gets First Commercial Credit Rating Agency Built Specifically for Marijuana Businesses
A new company says it is bringing something the legal marijuana industry has long lacked: a commercial credit rating system built specifically for cannabis businesses.
Verano Opens 84th Florida Dispensary With New MÜV Location in Lehigh Acres, Its 161st Nationwide
Verano Holdings says it will open a new MÜV dispensary in Lehigh Acres on March 20, expanding its Florida footprint to 84 locations and bringing its nationwide total to 161 dispensaries.
TerrAscend Reports $260.6 Million in 2025 Revenue, Extends Positive Free Cash Flow Streak to 10 Quarters
TerrAscend reported fourth quarter revenue of $66.1 million and full-year revenue of $260.6 million for 2025, while continuing a string of positive cash flow results that the company says reflects strength in its core markets.
