Industry Headlines: Page 10

4Front Initiates Bankruptcy, Insolvency Act Proceedings in Canada

The vertically integrated multistate cannabis operator initiated the proceedings following its U.S. receivership petition.

LEEF Brands Acquires New York Cannabis License

The California-based company completed the transaction for a processor license.

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.

AYR Wellness Issued Cease Trade Order by Ontario Securities Commission

The order prohibits all trading in the securities of the company in Canada amid AYR’s delay in filing its Q1 2025 financial statements.

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.

Belushi’s Farm Partners With Bloom, Brings Signature Strains to Ohio

Jim Belushi’s cannabis brand will be available at Bloom's cannabis dispensaries in the Buckeye State.

The Goods THC Launches Connecticut Cannabis Cultivation Facility

The social equity operator’s 32,000-square-foot facility in Hartford features seven flowering rooms, partnering with Cookies and Tyson 2.0.

FLUENT Expands Indoor Cultivation Footprint in Florida

The cannabis company completed its first planting at its Rosa facility in Tampa, adding 9,200 square feet of indoor canopy.

Vangst Acquires Se7en Staffing

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

Texas Hemp Advocates Deliver 118,000+ Signatures to Governor to Stop SB 3

Veterans, business owners, farmers and industry leaders are urging Gov. Greg Abbott to veto the ‘flawed’ legislation that would ban hemp products.

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