Pennsylvania will join the ranks of the U.S. adult-use markets either this year or next. That’s the prediction laid out by Gibran Washington, chief executive of Pennsylvania-based Ethos Cannabis – and he’s willing to put money on it. The primary question, he said, is what kind of market structure lawmakers will …
Texas lawmakers are considering sweeping legislation that would effectively ban most hemp-derived products in the state, with a medical marijuana expansion pack pegged as a concessional trade off. Senate Bill 3, authored by state Sen. Charles Perry, would prohibit all cannabinoids except CBD and CBG, a move industry folks say …
Vireo Growth (CSE: VREO) (OTCQX: VREOF) reported record revenue for fiscal 2024, exceeding analysts’ expectations, and boosted its cash pile to fuel what executives call a “transformational” 2025 fueled by pending mergers and the anticipated launch of adult-use cannabis sales in Minnesota. The Minneapolis-based cannabis company announced Tuesday that its …
British Columbia-based marijuana processor Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) on Tuesday reported net income of C$530,402 for its first quarter of the 2025 fiscal year, which ended Dec. 31. That follows a net loss of C$1.4 million it lost for fiscal year 2024, which ended in… …
The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations. …
The cannabis company also reported an operating cash flow from continuing operations of $163 million and a net loss of $216 million in 2024. …
The state issued a market outlook report that projects stabilizing prices, an industry value uptick, and growth in the licensed market in 2025. …
After more than seven years of legal marijuana sales, fully licensed businesses in California have managed to capture just 40% of the state’s entire cannabis market, while the thriving underground trade still has a hold on about 60% of it and continues to illegally export millions of pounds of cannabis. …
The potential of New York’s adult-use cannabis market has had out-of-state operators champing at the bit to get their pieces of the pie, but the state’s regulators designed the program to protect the market opportunity for residents and keep large multistate operators out. But a new license – the Adult-use …
The Artist Tree, with nine dispensaries and two lounges, is searching for new opportunities, but there are fewer and fewer places for new stores in California. …
The cannabis company’s new retail location in Henderson is also its 102nd store nationwide. …
A Cannabis Business Times reader asks industry expert Kenneth Morrow about how airflow mapping can be used to optimize a cannabis crop’s health. …
Non-destructive sorting of seeds based on phenotypical traits is becoming a reality. …
Ispire’s (Nasdaq: ISPR) decision to shift vape hardware manufacturing out of China is proving “more and more valuable as every day goes on,” according to Dennis Lider, the company’s senior vice president of cannabis, as the U.S. confronts rising tariffs on imports from that country. In an interview, Lider spoke …
PharmaCielo Ltd. (TSXV: PCLO) (OTC Pink: PCLOF) more than tripled its sales in its latest quarter, compared with the same period a year ago, but filings show liquidity concerns that could threaten the company. The Canada-based international cannabis company reported revenue of C$1.13 million in in the fourth quarter ending …
Calgary-based Simply Solventless Concentrates Ltd. (TSXV: HASH) (OTC: SSCLCF) on Friday announced that its purchase of cannabis grower Delta 9 Bio-Tech Ltd. has formally closed for C$3 million in cash. Simply Solventless in January made a C$750,000 down payment towards the total purchase price and paid the remainder this week, …
The Canadian company expanded its exports overseas with its top-selling Pink Kush cultivar. …
MTL Cannabis Corp. (CSE: MTLC) reported third-quarter revenue of $25.6 million, an 8% rise versus the same period last year, while posting a net loss of $1.2 million, driven largely by higher finance expenses and operational costs. The net loss was a 369% decline from the $453,004 profit reported in …
The slow-walking of federal cannabis legalization has some of the biggest multistate operators looking for new ways to give their sales and profits a boost. Lately, a lot of that attention has turned toward hemp beverages. But the paths they’re taking are anything but uniform. Just this week, Florida-based Trulieve …
The unlicensed side of the marijuana market in New York state is still a major hurdle for both lawmakers who want to replace them with licensed businesses and for licensees trying to stand up legal companies, a range of legislators said during a budget hearing on Wednesday. And it’s not… …