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Business Issues/Benchmarks: Page 2
High Tide to Become Major Player in German Medical Cannabis Market Through €27.2 Million Acquisition
The Canadian cannabis company signed an agreement to acquire a majority stake in Remexian Pharma GmbH.
Ascend Wellness Reports $127M in Q2 Net Revenue
The multistate cannabis operator also reported its 10th straight quarter of positive operating cash flow.
TerrAscend Reports $65M in Q2 Revenue From Continuing Operations
The multistate cannabis operator reported positive cash flow from continuing operations for the 12th consecutive quarter.
Verano Reports $202M in Q2 Revenue
The multistate cannabis operator continued streamlining operations to improve its margins and position itself for a stronger second half of 2025.
Cresco Labs Reports $164M in Q2 Revenue
The multistate cannabis operator’s debt refinancing strengthens its foundation for long-term value creation.
The Cannabist Co. Reports $86M in Q2 Revenue
The multistate cannabis operator announced the sale of three Pennsylvania dispensaries as it continues to right-size operations.
Verano President Darren Weiss Resigns Role
Weiss, who joined the multistate operator in 2017, is leaving the company to pursue cannabis business opportunities outside the U.S.
Curaleaf Reports $315 Million in Q2 Revenue; Domestic Stabilization, Robust International Momentum
The multinational cannabis operator also reported $41 million in international revenue for the second quarter; awarded a license in Turkey.
Green Thumb Industries Reports $293M in Q2 Revenue
The multistate cannabis operator had $177 million in cash at the quarter’s end.
Upling Unveils AI-Powered Cannabis Genetics Tool to Revolutionize Patient Strain Selection
The first-of-its-kind precision medicine tool leverages patient health data to optimize therapeutic cannabis use.
Delaware Reports $903K in Cannabis Sales on Opening Weekend
The state’s three-day weekend total included roughly $625,000 in adult-use and $278,000 in medical sales at 14 retail locations.
Hemp Beverage Innovator HighBridge Signs East Coast Distribution Agreement
The maker of hemp-derived, delta-9 infused beverages entered into the agreement with Opici Family Distribution.
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