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115 articles

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Business

Trulieve to Begin NYSE Trading June 2026 After Schedule III Move

Trulieve Cannabis will begin NYSE trading in June 2026 following federal rescheduling to Schedule III, becoming the first major cannabis operator to announce a Big Board listing.

Jun 9, 2026
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Washington Cannabis Regulators Flag Oversupply, Federal UncertaintyBusiness

Washington Cannabis Regulators Flag Oversupply, Federal Uncertainty

Washington cannabis regulators warn of market pressures from oversupply and federal policy uncertainty, as the state's mature recreational market faces inventory gluts and questions about federal rescheduling impacts.

Jun 8, 2026
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Vireo Growth Closes Bridgewell Deal, Eyes Nevada and Maryland Markets

Vireo Growth closed its acquisition of Arizona-based Bridgewell Agribusiness and announced plans to acquire dispensaries in Nevada and Maryland, expanding the MSO's footprint across multiple limited-license markets.

Jun 7, 2026
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Autonomous AI System Boosts Cannabis Yields 20% at New Brunswick FacilityBusiness

Autonomous AI System Boosts Cannabis Yields 20% at New Brunswick Facility

An AI system called Spyder monitors every plant in an 86,000-square-foot New Brunswick cannabis facility, delivering a 20% yield increase through continuous automated scanning.

Jun 7, 2026
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MN
Business

Hip-Hop Legend Havoc Opens Licensed Dispensary in Queens

Mobb Deep's Havoc is opening The Bridge, a licensed cannabis dispensary in Queens, as an owner rather than celebrity endorser. The grand opening features appearances from The Alchemist, Funk Flex, and Kid Capri.

Jun 5, 2026
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Social Equity Architect Calls Program a 'Trap' for Black FoundersBusiness

Social Equity Architect Calls Program a 'Trap' for Black Founders

Amber Senter, who created Oakland's pioneering social equity program in 2016, now says it funneled Black entrepreneurs into capital-intensive dispensary ownership while ancillary businesses offered better paths to success.

Jun 3, 2026
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Canopy Growth Brings Tweed Brand to Germany with MTL StrainsBusiness

Canopy Growth Brings Tweed Brand to Germany with MTL Strains

Canopy Growth relaunches Tweed brand in Germany with three MTL Cannabis strains, targeting rapid growth in Europe's largest medical cannabis market. Five additional strains expected by mid-2026.

May 31, 2026
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California Cannabis Tax Revenue Hits $248M in First Quarter

California collected $247.9 million in cannabis taxes during Q1 2026, with excise taxes accounting for $143.6 million and sales taxes adding $104.3 million, according to state tax officials.

May 30, 2026
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Business

Cannabis Strategist Dasheeda Dawson Launches Northeast Policy Tour

Cannabis strategist and former regulator Dasheeda Dawson launches The State [of] Flower Tour, bringing policy education and community engagement events to Northeastern cannabis markets.

May 30, 2026
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NECANN Founder Shepard Shifts Focus Back to Northeast MarketsBusiness

NECANN Founder Shepard Shifts Focus Back to Northeast Markets

NECANN founder Marc Shepard says current Northeast cannabis policy battles mirror early legalization fights, as local operators struggle against MSOs for market share across the region.

May 29, 2026
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High Times Editor Javier Hasse Wins Top International Journalism AwardBusiness

High Times Editor Javier Hasse Wins Top International Journalism Award

High Times Editor-in-Chief Javier Hasse won International Journalist of the Year at London's Business of Cannabis Awards, recognizing the magazine's expanded global coverage.

May 28, 2026
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Business

Modern Canna Invests in CannaGuard PRO Sanitation Technology

Modern Canna has invested in CannaGuard PRO, adding EPA-registered sanitation products to its cannabis quality services portfolio. The move reflects growing regulatory pressure on facility hygiene standards.

May 27, 2026
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Federal Rescheduling Could Free $3B+ Locked in Cannabis Tax PenaltiesBusiness

Federal Rescheduling Could Free $3B+ Locked in Cannabis Tax Penalties

DEA rescheduling would end IRS 280E tax penalties that forced cannabis companies into 70%+ effective tax rates, potentially unlocking $3B+ in sector-wide profits that were artificially suppressed for years.

May 25, 2026
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Business

Canadian Cannabis Sales Hit C$471M in March, Up 7.4% Monthly

Canadian cannabis sales reached C$471.4 million in March, up 7.4% from February's revised total, though per-day sales dipped 4% when adjusted for calendar differences.

May 25, 2026
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Business

FundCanna Lands $60M Credit Facility for Cannabis Business Loans

Cannabis lender FundCanna secured a $60 million credit line from an institutional investor managing $40 billion in assets, bringing its total capital to $75 million as cannabis operators continue facing limited banking access.

May 24, 2026
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MSO Exec: Cannabis Industry Wasted Billions on Marketing StrategyBusiness

MSO Exec: Cannabis Industry Wasted Billions on Marketing Strategy

An MSO executive argues the cannabis industry wasted a decade funding traditional marketing when it should have focused on converting existing consumers from illicit to legal channels.

May 23, 2026
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Business

Tariffs Could Wipe Out 280E Relief for Cannabis Cultivators

New analysis warns that Trump-era tariffs on imported cultivation equipment could offset tax savings from cannabis rescheduling, creating winners and losers across different license types.

May 22, 2026
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Colombian Cannabis Producer Launches 147-Panel Solar FarmBusiness

Colombian Cannabis Producer Launches 147-Panel Solar Farm

Cannabis Medical Company activated a 147-panel solar farm at its Colombian facility, generating 178,670 kWh annually as producers seek cost advantages in competitive export markets.

May 21, 2026
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Former Coast Guard Officer's Texas Hemp Empire Faces Federal CrackdownBusiness

Former Coast Guard Officer's Texas Hemp Empire Faces Federal Crackdown

Former Coast Guard officer Lukas Gilkey built one of Texas' largest hemp companies after leaving drug interdiction. Now federal agencies threaten to ban the hemp-derived products his business depends on.

May 20, 2026
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Business

Rob Van Dam Enters CBD Market With Vertically Integrated Brand

WWE Hall of Famer Rob Van Dam has launched a CBD wellness brand from California, leveraging decades of cannabis advocacy with a vertically integrated business structure.

May 19, 2026
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Business

Ascend Wellness Beats Q1 Guidance as Multi-State Operator Eyes Growth

Ascend Wellness Holdings exceeded Q1 2026 guidance, offering a positive signal for the mid-tier MSO as it competes in an increasingly consolidated cannabis market.

May 18, 2026
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Business

Q1 Earnings Take Backseat to Banking Reform Hopes in Cannabis Markets

Cannabis stock investors focused on federal banking reform and rescheduling prospects during Q1 earnings season, largely ignoring company financial results despite solid operational performance across major MSOs.

May 18, 2026
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New York Microbusiness Model Offers Alternative to Corporate CannabisBusiness

New York Microbusiness Model Offers Alternative to Corporate Cannabis

New York's vertically integrated microbusiness licenses let small operators control cultivation through retail, offering a structural alternative to corporate-dominated markets—but high startup costs remain a barrier.

May 16, 2026
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Business

Federal Judge Approves Chapter 15 Bankruptcy for Cannabis MSO

A U.S. bankruptcy judge approved The Cannabist Co.'s Chapter 15 filing, potentially creating a new path for cannabis companies to access federal bankruptcy protections through Canadian proceedings.

May 15, 2026
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