Finance: Page 2

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.

High Tide Closes on $30 Million Convertible Debt from Cronos Group Inc.

The Canadian cannabis company intends to use the working capital to fund future acquisitions and organic growth.

TerrAscend Completes $79 Million Non-Dilutive Debt Financing

The proceeds from the transition were used to retire $68 million of existing debt, with the remainder designated for future growth initiatives.

Vireo Growth Refinances Senior Secured Debt Through $120M Loan

The cannabis company also expanded its consolidated credit facilities with an additional $33 million second lien term loan.

Curaleaf Buys Out Minority Partner in Curaleaf International

The transaction with an institutional investor brings the cannabis company’s stake in its European holding company to 100%.

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