Cannabis News

AUSTIN, Texas--(BUSINESS WIRE)--Anebulo Pharmaceuticals Announces Preliminary Results of Tender Offer...

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Green Check, the trusted infrastructure powering compliant commerce in the legal cannabis industry, today announced strong 2025 results driven by new strategic partnerships, product innovation and a rapidly expanding ecosystem of cannabis-related businesses (CRBs). The company reported more than $1.7 billion in average monthly verified deposits (54 percent year-over-year growth) and expanded its ecosystem of CRBs to over 17,500 (35 percent year-over-year g...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Lüt, a new financial ecosystem built for accessibility, reliability and growth with a first-of-its-kind closed-loop digital payments platform for cannabis and other high-risk industries, has announced its new partnership with leading financial services provider Safe Harbor to address one of the cannabis industry’s most persistent challenges: compliant and reliable payments. Through the collaboration, Lüt becomes a Safe Harbor Advantage Partner in closed-l...

OLDWICK, N.J.--(BUSINESS WIRE)--The Trump administration’s recent executive order to fast track the reclassification of marijuana under federal law could lead to meaningful changes for cannabis-related businesses, which currently require highly specialized types of coverage and a more complex underwriting process, according to a new AM Best report. The order signed by President Trump is focused on increasing research efforts around medical marijuana, and potentially yielding a better understand...

SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the third quarter fiscal year 2026 ended December 31, 2025 before financial markets open on February 6, 2026. Following the release of its third quarter fiscal year 2026 financial results, Canopy Growth will host an audio webcast with Luc Mongeau, CEO and Tom Stewart, CFO on February 6, 2026 at 10 AM Eastern Time (ET). Webcast Informa...

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) today announced the tax treatment of its 2025 distributions as follows: Security Description: Common Stock CUSIP: 45781V101 Ticker Symbol: IIPR   Record Date   Payable Date Total Distribution Per Share   Allocable to 2025 Taxable Ordinary Dividend   Return of Capital   Long-Term Capital Gain Unrecaptured Section 1250 Gain Section 199A Dividend(1) 12/31/2024 01/15/2025 $1.900000 $1.070000 $0.970900 $0.099100 $0...

DUBLIN--(BUSINESS WIRE)--The "Grow Tents Market - Global Forecast 2026-2032" has been added to ResearchAndMarkets.com's offering. The Grow Tents Market is experiencing a notable trajectory of growth, expanding from USD 797.74 million in 2025 to USD 859.31 million in 2026, with projections estimating it will reach USD 1.27 billion by 2032. This dynamic growth can be attributed to several evolving operational, technological, and commercial drivers in modern controlled-environment agriculture. As...

CHICAGO--(BUSINESS WIRE)--Chicago Atlantic announced that it acted as joint lead arranger and administrative agent on a senior secured credit facility to S1 Enterprises (the “Company”). The Company is the parent of Illicit, a vertically integrated cannabis operator with established operations in Missouri and New Jersey. Proceeds from the transaction will be used to finance the sale of 100% of the Company’s equity to an Employee Stock Ownership Plan (ESOP). The ESOP encompasses the Company’s Mis...

PHOENIXVILLE, Pa.--(BUSINESS WIRE)--Cannaspire, a leading international cannabis consulting firm, today announced the launch of its Cannabis and Hemp Expert Witness and Testing Laboratory Consulting Services, expanding its scientific, regulatory, and litigation support at a pivotal moment for the cannabis and hemp industries. As cannabis transitions from Schedule I to Schedule III under federal law, stakeholders across the industry are facing increased regulatory oversight, expanded litigation...

TRENTON, N.J.--(BUSINESS WIRE)--The United Food and Commercial Workers International Union, Local 152 today applauds Governor Phil Murphy for signing legislation into law that formally extends clear and enforceable labor rights to cannabis workers across New Jersey, marking a historic milestone for workers in the Garden State’s growing cannabis industry. “Today’s signing is a victory for all working people in New Jersey,” said Daniel Ross Jr., President of UFCW Local 152. “Cannabis cultivation...