The multistate operator said it will spend less in 2025 amid ongoing price pressures and retail competition.
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Category: Business
Trulieve beats fourth-quarter revenue estimates, sees strong margins
The Florida cannabis giant exceeded analyst expectations with fourth-quarter revenue and better profitability metrics.
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Massachusetts cannabis market cools as prices drop, competition grows
Data from a new state report shows 62% price decrease since 2018 with western counties with the heaviest retailer concentration.
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Ohio Senate approves recreational marijuana rollback bill, measure now heads to House
Ohio Democratic lawmakers decried the Senate bill as undercutting the will of the voters.
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Green Thumb beats estimates on revenue, grows bottom line in fourth quarter
GTI posted record revenue and profits thanks to growth in key markets and new store openings.
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1933 Industries losses contract year-over-year, but company still in the red
Cultivation efficiencies and improved market valuations contributed to the financial turnaround.
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Red Light Holland posts sales dip amid retail lull, ‘debanking’ issues
The psychedelics company maintained cash reserves while seeing a tourism slowdown in the Netherlands and difficulties in Canada.
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Trulieve kicks off hemp-THC cocktail line “Onward”
The cannabis giant will enter the hemp beverage market, which analysts think will become a multi-billion dollar market.
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‘Lot of excitement’ around hemp beverage boom
Hemp-based drinks alone could grow into a $1.4 billion to $4 billion market in the U.S. over the next four years.
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Harmony Biosciences posts record sales for narcolepsy drug, maps synthetic CBD plans
The Pennsylvania-based drugmaker anticipates results from a Phase 3 trials of ZYN002 by the third quarter.
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