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Industry Headlines
TerrAscend Signs Agreement to Acquire Fifth Dispensary in New Jersey
Aunt Mary’s, a high-performing dispensary in Hunterdon County, generates over $10 million in annualized revenue. Transaction expected to be immediately accretive on an EBITDA and free cash flow basis.
Ascend Wellness Holdings Files DEA Registration Applications for State-Licensed Medical Cannabis Operations
The applications cover dispensary operations supporting medical cannabis patients across the Company's core markets.
Cannabis Teamsters Launch ULP Strike at Ascend Wellness
More than 300 cannabis cultivation workers are striking over unfair labor union practices as they fight for a contract as members of the Local 916.
MariMed Submits DEA Registration Applications for State-Licensed Medicreschedal Cannabis Businesses
The registration aligns with the federal Schedule III classification, which grants safe harbor to licensed operators and removes Section 280E tax restrictions.
Stop the Repeal Launches Campaign Against Massachusetts Cannabis Ballot Initiative
The new campaign is hoping to defeat a prohibitionist ballot proposal that would reverse the state’s adult-use cannabis laws.
Glass House Brands Announces Uplist to NYSE; Trading Expected June 30
The California-based cannabis company received approval to list its subordinate voting shares on the New York Stock Exchange.
Cannabis Council of Canada Suspends Active Operations
The national voice for licensed cannabis producers and processors is entering a period of dormancy amid headwinds in the sector.
Glass House Brands Deconsolidates Dual-Use Business, Applies for Uplisting of Shares to NYSE
The U.S. cannabis company plans to list its subordinate voting shares on the New York Stock Exchange.
Khalifa Kush Expands Global Footprint With Entry Into Australia’s Medical Cannabis Market
In partnership with Endoca, Khalifa Kush will launch premium flower and edible offerings for Australian patients.
State Survey Finds Rates of Teen Marijuana Use, Ease of Access Continue to Decline in Colorado
Colorado Leads provides a statement regarding the latest results of CDPHE’s Healthy Kids Colorado Survey.
Grown Rogue Partner SEA Craft Restarts Cultivation at Illinois Facility
The company received regulatory approval on June 5 for the Dwight facility, with the first harvest and initial sales expected for the second half of 2026.
Village Farms Provides Operational Update on Delta 2 Greenhouse Expansion
After a successful harvest in the first half of the D-2 expansion, cultivation has now commenced in the second half.
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