Industry Headlines: Page 6

Ascend Wellness Launches Fully Refreshed e-Commerce Ecosystem

The cannabis company’s latest platform includes a new loyalty program and an elevated digital shopping experience.

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.

Golden Bear Awards: California’s 2025 Best Cannabis Flower, Products Announced

The California State Fair recognized the state’s best cannabis cultivators and manufacturers, with more than 600 entries for the top prizes.

Cannabis Reform Group MPP Names Adam J. Smith Executive Director

Marijuana Policy Project welcomed the 30-year drug policy reform veteran to help end cannabis prohibition and advance sensible regulations in the U.S.

Pure Sunfarms Publishes Unique Cannabis Potency Research in Scientific Reports

The study highlights natural variability of THC potency in cannabis plants and supports the call for science-based labeling.

HYTN Secures Cannabis Drug License, Advancing Pathway for Prescription Cannabinoid-Based Medicines

The company is authorized to manufacture cannabis-derived pharmaceutical drugs in Canada.

Trulieve Partners With Redemption Cannabis to Launch Purpose-Led Products in West Virginia

Redemption’s flower is available at the company’s dispensaries in the state, with a portion of every sale reinvested in those impacted by prohibition.

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.

FLUENT Opens Company’s 1st Adult-Use Dispensary in New York

The cannabis company rebranded the retail facility in Kingston following its RIV Capital acquisition.

Collective Project Launches Portfolio of Hemp-Derived THC Beverages in 25 States

The top-selling Canadian cannabis beverage brand is now shipping directly to consumers across the country.

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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