Industry Headlines: Page 26

Whitney Economics Reduces 2030 Hemp Fiber and Grain Acreage Forecast by 4.5 Million Acres

The industry research firm cites regulatory risks, lack of infrastructure and federal uncertainty as the main drivers for the revised forecast.

Apothecarium Dispensary Workers File to Unionize in Maryland

The cannabis retail employees in Salisbury are forming a union with UFCW Local 27 for better pay, job security and workplace safety.

SNDL Selected as the Successful Bidder to Acquire Indiva

The transaction is expected to enhance SNDL's product offerings and further solidify the company’s position in the Canadian cannabis market.

Ohio Cannabis Dispensaries Report $56.5 Million in First 19 Days

The Buckeye State’s retailers have sold nearly $33 million in adult-use cannabis and $23.5 million in medical cannabis since the market expanded.

Trulieve Partners With Professional Pickleball Association and Major League Pickleball

Trulieve is the first cannabis operator to partner with either professional pickleball organization.

Ascend Wellness Holdings Removes CEO, Terminates CFO

The cannabis company appointed board Director Samuel Brill to replace John Hartman as CEO. The company also appointed a new president and CFO.

The Cannabist Co. Enters $16.4 Million Definitive Agreements for Florida Assets

The company is selling 14 dispensaries and two cultivation facilities to joint venture partners MINT Cannabis and Shango. A third cultivation facility is part of a separate agreement.

C3 Industries Opens 2nd Dispensary in Illinois, 27th Nationwide

The High Profile Martinsville retail facility will celebrate its grand opening with special discounts and unbeatable everyday prices on top-quality products.

Verano Closes Acquisition of Arizona, Virginia Subsidiaries of The Cannabist Co.

The acquisitions expand Verano’s footprint to 14 states, 15 cultivation and products facilities, and 150 dispensaries nationwide.

TerrAscend Offers $10 Million Share Repurchase Program

The company is authorized to repurchase up to 10 million shares but is not obligated to purchase any shares during the 12-month stock buyback program.

Canopy Growth CEO to Retire at End of Company’s Fiscal Year

The cannabis company initiated a comprehensive selection process to identify David Klein’s successor.

Wiz Khalifa to Offer Exclusive Khalifa Kush Products ‘Powered by Planet 13’ at the Planet 13 Entertainment Complex

The products include cultivars unique to Nevada that will be sold Planet 13’s Las Vegas dispensary.

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