Business Issues/Benchmarks: Page 3

Vireo Growth Provides Corporate Update After Closing All Merger Transactions

The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.

Curaleaf Appoints New President, Bolsters Marketing Leadership Team

Rahul Pinto will lead all global commercial functions as the company’s president; three SVP hires will head digital, retail merchandising and brand marketing.

AYR Fails to Complete Q1 2025 Interim Financial Filings; Cease-Trade Order Remains in Effect

The cannabis company provided an update on the delay of its financial statements, analysis and related executive officer certificates.

Vireo Growth Acquires Deep Roots Harvest for $133 Million in Nevada

The transaction includes 10 dispensaries and a 54,000-square-foot cultivation and manufacturing facility.

Vireo Growth Closes $102 Million Acquisition of Proper Brands in Missouri

Proper is one of the largest operators in Missouri with 11 dispensaries and a 100,000-square-foot-plus cultivation and manufacturing facility.

Budr Cannabis Acquires 3 The Botanist Dispensaries in Connecticut

The multistate cannabis operator now owns seven retail facilities in Connecticut, including the three The Botanist stores from Acreage Holdings.

TheraTrue Appoints Cannabis Industry Veteran Chris Ras as CEO

Ras has more than 20 years of experience leading operational and retail teams at Target Corp., Columbia Care and Deep Roots Harvest.

Vangst Acquires Se7en Staffing

The cannabis industry hiring platform is merging with the Missouri-based staffing agency in a national expansion effort.

TerrAscend’s Chief Financial Officer is Stepping Down

Keith Stauffer will resign next month, as the cannabis company transitions the CFO role in an interim capacity.

Cresco Labs Delivers $30 Million in Q1 Operating Cash Flow

The cannabis company also reported $166 million in first-quarter revenue with ‘flexibility and financial strength’ to start the year.

Texas Senate Passes Medical Cannabis Expansion Bill After Banning Hemp Products

The legislation would add qualifying conditions, including chronic pain, while requiring that more businesses be licensed throughout the state.

UCLA Report Reveals Unsafe Working Conditions, Wage Theft in California Cannabis Industry

The UCLA Labor Center and Cannabis Worker Collab released the report based on 1,100-plus worker voices, documenting how unions can deliver change.

Previous Page

Page 3 of 516

Next Page