Category: Business

Under the agreement, the multistate operator will shed cultivation sites in Michigan and Massachusetts.
The post IIPR reaches deal with PharmaCann to resolve lease default appeared first on Green Market Report.

Dutchess is paying $5 million in cash for the two properties.
The post Body and Mind sells Illinois properties to Dutchess Cannabis appeared first on Green Market Report.

The company’s addition of a new Reno dispensary helped drive growth, even as statewide cannabis sales declined.
The post C21 posts sales growth in third quarter, boosted by new store appeared first on Green Market Report.

The lawn-and-garden giant’s CEO says its cannabis unit could be “more valuable” as a stand-alone business.
The post Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim appeared first on Green Market Report.

The measure would make sweeping changes, such as gutting social equity provisions and restricting the number of licenses.
The post Ohio Republicans poised to tighten cannabis industry rules, raise taxes appeared first on Green Market Report.

Stagnate same-store sales and an non-cash impairment dragged down the Canadian company’s results.
The post High Tide posts C$3.8 million loss for fiscal year 2024 appeared first on Green Market Report.

Share-based compensation expenses weighed on the company’s bottom line.
The post Nextleaf loss widens despite 66% revenue growth in 2024 appeared first on Green Market Report.

The cannabis banking firm tapped an industry turnaround expert as new chief executive as Seefried plans retirement.
The post Safe Harbor Financial CEO to step down, successor named appeared first on Green Market Report.

The Canadian drug maker reported its largest MDMA capsule production run to date following more expansion overseas.
The post Optimi Health beefs psychedelic footprint, nabs new funding appeared first on Green Market Report.

Despite Hawthorne’s improved performance, Scotts expects the division’s sales to decline by mid-single digits this fiscal year.
The post Scotts’ Hawthorne unit posts profit despite sharp sales drop appeared first on Green Market Report.