Two years after its rocky start, New York’s legal cannabis market may be finally hitting its stride, with monthly sales soaring to $131 million across 215 dispensaries – a big shift from the single store that opened its doors in Manhattan’s East Village in late 2022. The surge has created an unusually concentrated market where […]
Florida-based Cansortium (CSE: TIUM.U) (OTCQB: CNTMF), which does business as Fluent, has finalized its megamerger with New York-based RIV Capital, (CSE: RIV) (OTC: CNPOF), creating a new multistate operator that has a footprint in four states with 42 operational dispensaries. The move gives Cansortium immediate access to New York, one of the fastest-growing legal marijuana […]
Fresh off its biggest deal yet, Organigram Holdings (Nasdaq: OGI) is now refocusing its attention beyond Canada’s borders. The cannabis producer’s executives painted an ambitious picture during Wednesday’s earnings call, detailing plans to dive deeper into Germany’s medical market while squeezing more value from their recent Motif Labs purchase. “There’s lots of demand” in Germany, […]
In a new blockbuster deal spanning the geographical breadth of the United States, Minnesota-based Vireo Growth (CSE: VREO) (OTCQX: VREOF) will more than double its cannabis footprint with the acquisition of four companies and a significant equity infusion for real estate investment trust Chicago Atlantic. Under the terms of the complex deal, Vireo will get $75 […]
Ohio marijuana businesses aren’t likely to have as easy a time of advertising as their Michigan counterparts under new rules proposed by state regulators, which will be considered by lawmakers in coming months. But they will be allowed to start producing and selling pre-rolled joints, products that were not allowed under the original framework. The […]
The total number of legal marijuana companies that will be permitted in New York has for years been a moving target, but it appears that regulators are getting closer to figuring out where they’ll come to a stop. Despite the fact that the 2021 state law that legalized the plant included no specific caps on […]
Massachusetts cannabis regulators are looking past basic consumption lounges, planning for brewery-style tasting rooms at cultivation sites and cannabis-friendly entertainment venues as part of the state’s social use program, according to its chief regulator. The Cannabis Control Commission is preparing to release draft regulations for public comment following a framework announcement earlier this month. According […]
In a state once seen as America’s most promising medical marijuana market, Florida cannabis operators are now grappling with plummeting prices and slowing sales despite an aggressive push to open new dispensaries — and the scene is about to transform as regulators nearly double the number of licensed operators. Prices fell 30% in the fourth […]
For an industry that once treated every dispensary visit like a special occasion, cannabis retail is starting to look remarkably ordinary. A new analysis of more than 61 million transactions from 1,700 dispensaries shows consumers treating cannabis shopping more like typical retail, complete with weekend rushes, brand loyalty and a preference for sticking to tried-and-true […]
The U.S. marijuana market is likely to slow its roll next year even more than it did in 2024, according to a new white paper from ATB Capital Markets, which outlined various reasons it expects “slow growth” to be a primary theme for public cannabis companies in 2025. Although there will be some bright spots […]
