Finance: Page 2

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.

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.

Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes

By approaching inventory costing strategically—not just as a back-office task—cannabis businesses can strengthen tax compliance and operational efficiency, and support long-term growth.

Trulieve Reports $302 Million in Q2 2025 Revenue

The multistate cannabis operator sold more than 12.5 million in branded products in the second quarter.

AYR Wellness’ Massachusetts Exit Includes 157 Layoffs at Cultivation Facility

The company is closing its cannabis cultivation facility in the commonwealth as it winds down its operations nationwide.

Canopy Growth Agrees to Make 3 Prepayments to Reduce Term Loan by $50 Million

The Canadian cannabis company’s prepayments are expected to reduce its annual cash interest expense by $6.5 million.

AYR Wellness Further Extends Limited Waiver Agreement With Senior Noteholders

The waiver temporarily restrains the majority holders from exercising their default-related rights.

LEEF Brands Announces CAD $1 Million Private Placement

The net proceeds from the offering are anticipated to be used for general working capital purposes.

Glass House Brands Announces Preferred Equity Refinancing

The California cannabis company announced a recapitalization and non-brokered private placement of Series E Convertible Preferred Stock.

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