Cannabis News

Get the latest on cannabis with press releases highlighting industry news, trends, and regulations driving the cannabis market. Stay informed on key developments in cannabis and explore opportunities in legalization, product innovation, and consumer trends.

Jun 11, 2026 at 7:00 AM

Vivosun Showcases the Future of AI-Powered Growing at Mary Jane Berlin 2026

BERLIN--(BUSINESS WIRE)--Vivosun will showcase its latest AI-powered growing innovations at Mary Jane Berlin 2026....
Jun 10, 2026 at 8:45 AM

Innovative Industrial Properties Prices Upsized Private Offering of Exchangeable Senior Notes Due 2029

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of a private offering of $350.0 million aggregate principal amount of 6.0% exchangeable senior notes due 2029 (the “notes”) of its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”). The offering was upsized from the previously announced offering size of $250.0 million in aggregate principal amount of notes. The offering is expected to close...
Jun 9, 2026 at 4:02 PM

Innovative Industrial Properties Announces Launch of $250.0 Million Exchangeable Senior Notes Offering

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), intends to offer, subject to market and other conditions, $250.0 million aggregate principal amount of exchangeable senior notes due 2029 (the “notes”) in a private placement. The Operating Partnership also intends to grant the initial purchasers of the notes a 13-day option to purchase up to...
Jun 8, 2026 at 7:30 AM

Canopy Growth Announces Claybourne’s Frosted Flyers Wins ‘Best Infused Pre-Roll' at 2026 Grow Up Awards

SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Announces Claybourne’s Frosted Flyers Wins ‘Best Infused Pre-Roll' at 2026 Grow Up Awards...
Jun 8, 2026 at 6:00 AM

Cresco Labs Closes US$50 Million Revolving Credit Facility with Needham Bank

CHICAGO--(BUSINESS WIRE)--Access to commercial bank financing enhances financial flexibility and supports Cresco Labs’ disciplined growth and consolidation strategy....
Jun 1, 2026 at 10:31 AM

Sweetspot Cannabis Dispensary NOW OPEN in Hamilton, New Jersey

HAMILTON, N.J.--(BUSINESS WIRE)--Sweetspot Cannabis Dispensary is now open at 147 Sloan Ave, Trenton, NJ 08619. With the addition of the Hamilton Township store, the East Coast cannabis franchisor now operates 9 dispensaries in total, including 4 across New Jersey. Adults 21 and older can shop a curated menu of flower, pre-rolls, edibles, concentrates, vapes, and accessories from licensed New Jersey cultivators and manufacturers, with knowledgeable staff on hand to help both first-time and expe...
May 29, 2026 at 7:00 AM

Canopy Growth Relaunches Tweed Brand in Germany with New MTL Cannabis Strain Lineup, Marking First International Release following Acquisition

SMITH FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) today announced the relaunch of the Tweed brand in the German medical market, alongside the introduction of three cannabis strains developed by MTL Cannabis Corp. (“MTL”), a wholly-owned subsidiary of the Company. The dual milestone represents the Company’s first international product release following its recent acquisition of MTL. The Tweed brand relaunch – now powered...
May 27, 2026 at 4:01 PM

POSaBIT Reports First Quarter 2026 Financial Results

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of point of sale and payment solutions for the cannabis industry, today announced its financial results for the first quarter ended March 31, 2026. “POSaBIT entered 2026 with strong momentum and Q1 reflected the continued execution of our long-term strategy,” said Ryan Hamlin, CEO and Co-founder of POSaBIT. “We once again had a profitable quarter, with approxi...
May 27, 2026 at 6:30 AM

Cresco Labs Marks Historic Step Forward with Medical Cannabis Facility DEA Registration

CHICAGO--(BUSINESS WIRE)--Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “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 that it registered certain state-licensed medical cannabis facilities with the U.S. Drug Enforcement Administration (“DEA”) following the federal rescheduling of medical cannabis to Schedule III under the Controlled Substances...
May 26, 2026 at 2:56 PM

Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company’s revolving credit facilities and proceeds from recently closed term loans. “Repaying this bond maturity represents a meaningful milestone for IIP, which reflects the s...
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