Cannabis News

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on a $56.5 million secured term loan (the “Loan”). The Loan has an initial term of three years, bears interest at the one-month Secured Overnight Financing Rate (SOFR) plus a spread of 500 basis points, is interest only and is secured by certain properties of the Company. The proceeds from the Loan are expected to be used to pay off the Company’s unsecured notes that are maturing...

TORONTO--(BUSINESS WIRE)--Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), Canada's #1 cannabis company by market share, announced today it will report earnings results for its second quarter fiscal 2026 ended March 31, 2026, on Tuesday, May 12, 2026, prior to market open. The Company will host a conference call to discuss its results with details as follows: Date: Tuesday, May 12, 2026 Time: 8:00 am Eastern Time To register for the conference call, please use t...

CHICAGO--(BUSINESS WIRE)--Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), today announced the grand opening of Sunnyside Aberdeen, located in Aberdeen, Ohio. This marks the Company's second Ohio dispensary opening in the past month, increasing its footprint to eight locations statewide and 74 nationally. “Sunnyside Aberdeen is our second dispensary opening in the state in a month, reflecting our commitment to serving more communities across Ohio,” said Cha...

NEW YORK--(BUSINESS WIRE)--Nabis acquires Hudson Distribution's New Jersey cannabis license and warehouse lease, gaining turnkey infrastructure to launch in the Garden State....

CHICAGO--(BUSINESS WIRE)--Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), today issued a statement on behalf of Cresco Labs CEO Charlie Bachtell in response to the Department of Justice’s final rule publication rescheduling medical cannabis from Schedule I to Schedule III under the Controlled Substances Act. “Rescheduling medical cannabis is a long-overdue step that finally brings federal policy closer to the science. For the first time in history, our fed...

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Green Check (GC), the leading fintech platform powering compliant cannabis banking, payments and lending solutions, released new 4/20 transaction data insights for 2026 pointing to a cannabis retail market that is becoming more predictable, retention-driven, and operationally disciplined. Across its network, Green Check reported a 120% increase in sales compared to an average same day of the week and a 19% year-over-year gain in sales per CRB. Growth was d...

SMITH FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth”, “Canopy” or the “Company”) (TSX: WEED) (Nasdaq: CGC) today announced a refresh of Tweed, one of Canada’s most recognizable cannabis brands, alongside a national summer campaign, “There’s a Tweed for That.” In the Canadian flower category, consumers have had to commit to products they couldn’t see. New window bags for Tweed’s flower SKUs closes that gap, giving consumers a clear view of what they are buying, with...

CHICAGO--(BUSINESS WIRE)--Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial results for the quarter ended March 31st, 2026 on Friday, May 8, 2026 before the market opens. The Company will host a conference call and webcast to discuss its financial results and provide investors with key bu...

TORONTO & SEATTLE--(BUSINESS WIRE)--$2.5M in Positive Adjusted EBITDA. Company is Profitable and Has Increased Cash On-Hand YoY by 76%...

SEATTLE--(BUSINESS WIRE)--POSaBIT today announced the launch of POSaBIT Brands, a new software platform built specifically for cannabis producers and processors....