New Mexico Bill to Provide Health Insurance for Medical Cannabis Advances The legislation could further the argument that cannabis has currently accepted medical use despite federal prohibition in the U.S.

Green Thumb Unveils 3rd Annual Social Impact Report The cannabis company’s ‘Growing For Good’ program focused on community, inclusion, restorative justice and the environment.

Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results The cannabis company reported $132 million in operating cash flow for the full year, representing a 126% increase from 2023.

Grow America Builders Completes Construction of New Flowery Cannabis Dispensary on Upper West Side, NYC The completion of the dispensary in Manhattan marks the national cannabis design-build construction firm’s sixth project in New York City.

Tilray Medical Introduces High-THC, High-Terpene Genetics to German Market The company launched Tilray Craft, a brand extension within its medical cannabis portfolio in Germany.

California’s 2nd Largest City to Hike Cannabis Tax 25% Amid $258M Deficit San Diego City Council members approved a tax increase on cannabis retailers starting May 1 in hopes of closing the budget deficit.

Meet the 2025 Best Cannabis Companies to Work For The sixth annual ‘Best Cannabis Companies’ program recognizes organizations that stand out for their ongoing efforts to create great places to work.

Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License The cannabis company will manage a facility with up to 25,000 square feet of canopy as one of two operators with a Tier 3 license.

Idaho Lawmakers Advance Resolution to Block Citizens From Voting on Cannabis Legalization The House-passed resolution aims to amend the state’s constitution by rolling back the democratic process of citizen-initiated ballot measures.

The Cannabist Co. Achieves 70% Support For Agreement to Extend Senior Secured Notes Maturity Date The cannabis company announced that additional holders of issued the Senior Notes entered into joinders to the definitive support agreement.

TerrAscend Reports $307 Million in 2024 Revenue The cannabis company closed the books on its sixth consecutive quarter of positive free cash flow.

22 Tips to Conquer Compliance in Cannabis Five cannabis industry compliance experts offer their tips for compliance success.

Cannabicity Opens New York Dispensary, Debuts Retail Advisory Service for Fellow License Holders The woman-founded cannabis retailer’s ‘Powered By Cannabicity’ service offers investment and expertise to help expand the state’s market.

Jushi Holdings Reports $257.5 Million in 2024 Revenue The cannabis company increased its quarterly and annual operational cash flow compared to prior periods.

AYR Wellness Reports Fourth Quarter and Full Year 2024 Results The cannabis company reported $463.6 million in revenue for the full year of 2024, mirroring the company’s revenue figure from 2023.

MariMed Reports Fourth Quarter and Full Year 2024 Earnings The cannabis company reported record revenues and improved adjusted EBITDA.

Georgia Lawmakers Push to Expand State’s Medical Cannabis Program House-passed legislation would remove the terms ‘severe’ and ‘end-state’ from qualifying conditions, while a Senate bill would increase the THC limit.

Patients, Providers, Advocates Gather at NY Capitol, Decry Deterioration of Medical Cannabis Program The advocates are demanding action from elected officials amid dispensary closures curtailing access to medical products unavailable in the adult-use market.

New Jersey Governor Proposes 500% Tax Hike on Cannabis Cultivators as $7 Million Fund Remains Untouched Gov. Phil Murphy proposed that licensed growers pay an additional $200 per pound tax when they sell or transfer products.

Fresh Karma Opens 4th Missouri Dispensary in Columbia The new location joins the company’s existing stores in Parkville, St. Joseph, and Midtown within Kansas City.

MariMed Acquires First State Compassion Center in Delaware The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations.

Curaleaf Reports $1.34 Billion in 2024 Revenue The cannabis company also reported an operating cash flow from continuing operations of $163 million and a net loss of $216 million in 2024.

60% of Cannabis Consumed in California Comes From Unregulated Market as Licensed Production Grows The state issued a market outlook report that projects stabilizing prices, an industry value uptick, and growth in the licensed market in 2025.

As California Cannabis Rush Dries Up, Operators Look East The Artist Tree, with nine dispensaries and two lounges, is searching for new opportunities, but there are fewer and fewer places for new stores in California.

Rubicon Organics to Buy MediPharm Labs Cultivation Facility for $4.5 Million The 47,500-square-foot indoor Hope Facility in British Columbia is equipped with advanced cultivation technology.

Green Thumb Opens 12th RISE Dispensary in Nevada The cannabis company’s new retail location in Henderson is also its 102nd store nationwide.

Planet 13 Recovers Additional $2.1 Million of Funds, $5 Million in Real Estate The company’s settlement and recovery are related to El Capitan, an investment adviser that Planet 13 is suing.

Airflow Mapping: What Is It? A Cannabis Business Times reader asks industry expert Kenneth Morrow about how airflow mapping can be used to optimize a cannabis crop’s health.

INNEXO Cracks the Code: Identifying Cannabis Seed Phenotypes Before They Grow Non-destructive sorting of seeds based on phenotypical traits is becoming a reality.

Village Farms International Expands Medical Cannabis Distribution to New Zealand The Canadian company expanded its exports overseas with its top-selling Pink Kush cultivar.

Trulieve Announces Appointment of Co-Founder Jason Pernell as President null

Trulieve Reports $1.2 Billion in 2024 Revenue The cannabis company also reported a record cash flow from operations of $271 million and a free cash flow of $150 million for the year.

Verano Reports $879 Million in 2024 Revenue The cannabis company also reported a gross profit of $444 million but a net loss of $342 million for the year.

Increases in Number of States That Have Legalized Marijuana Obscures Fact That Cannabis Remains Federally Illegal in 2025 Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution.

Trulieve Launches Farm Bill-Compliant Onward: A Premium THC Beverage The cannabis company’s new offering is available online and will soon be sold in select Total Wine locations in Florida.

Ascend Wellness Reopens Dispensary in Detroit With ‘Deli-Style’ Experience The company will host a grand reopening on Feb. 28 for its retail facility in Michigan—its 38th location in the nation.

Story Cannabis Co. Opens 4th Ohio Dispensary in Cleveland The new retail facility in Cuyahoga County features all of the company’s amenities for adult-use customers and medical patients.

12 States That Could Legalize Cannabis in 2025 Cannabis Business Times is reading the nation’s legalization palm once again to predict which states will enact cannabis reform this year.

Priscilla Vilchis, the 'Queen of the Desert,' Partners With Ice Cube to Launch Fryday Kush in Nevada CEO Vilchis expands premium produce's celebrity portfolio and oversees budding equities' joint venture brands.

DEA Judge’s Orders, Trump’s DEA Pick, Doctors’ Rescheduling Appeal Lead CBT’s Top Stories in February The administrative law judge’s orders regarding a trio of pro-rescheduling participants led Cannabis Business Times’ most-read articles this month.

NBA Champion Iman Shumpert Signs Multimillion Dollar First-of-its-kind Partnership with Glenmere Farms Glenmere Farms launches premium cannabis enterprise with TSA APPROVED as first wellness-focused brand.

Green Thumb Industries Reports $1.1 Billion in Revenue for 2024 The cannabis company also reported a net income of $73 million for its full-year results.

RAW GARDEN INTRODUCES SPROUTTM VAPE, PIONEERING TERPENE-SAFE PLASTIC FOR CANNABIS HARDWARE California’s leading cannabis extract company finds a cleaner alternative to commonly used plastic for vape cartridges after testing reveals potential health risks.

DOJ Will No Longer Defend Administrative Law Judges From Removal The announcement could bolster MMJ International Holdings’ ongoing lawsuit against the DEA over a medical cannabis research application.

High Tide Pause Acquisition of Purecan GmbH, Explores Alternative to Enter German Cannabis Market The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

Bright Green Completes Restructuring Plan, Sets Course on Producing DEA Scheduled Controlled Substances The company entered into an agreement with the Drug Enforcement Administration to withdraw all cannabis-related renewal applications.

Blum Holdings Reaches Global Settlement With People’s California The settlement is subject to documentation and approval by the presiding judge in Chapter 11 bankruptcy proceedings for two Blum subsidiaries.

7 US House Republicans File Bill to Prevent 280E Tax Relief for Cannabis Businesses The legislation, sponsored by Texas Rep. Jodey Arrington, is similar to a bill recently offered by Sens. James Lankford, R-Okla., and Pete Ricketts, R-Neb.

Texas Senator Files Bill to Ban THC, Intoxicating Hemp Products Sen. Charles Perry, a Lubbock Republican, is sponsoring legislation that Lt. Gov. Dan Patrick is pushing as a top legislative priority this session.

New 'Pocket Dab' Dosable Dab Device Puts Premium Rosin in Your Pocket The doseable dab device, which delivers a perfect 0.01g dab with every click, debuts after six years of development and eight redesigns.

DeFloria Receives Investigational New Drug Application Clearance From FDA for Cannabinoid Drug to Treat Autism Spectrum Disorder DeFloria plans to initiate a Phase 2 clinical trial by mid-year 2025.

4 Tips for Smooth Cultivation Facility Compliance Inspections Preparation, cleanliness, positive relationships with inspectors, and knowledge of regulations can help ensure compliant operations.

MICROFLOW FAMILY OF DUCTLESS WORKSTATIONS null

UFCW Secures 3-Year Union Deal for Eaze Cannabis Workers The United Food and Commercial Workers Union aims to provide stability and protection for nearly 500 Eaze workers through four local chapters.

New Hampshire House Passes Adult-Use Legalization Bill Absent of Licensed Program The legislation would legalize cannabis use and possession for those 21 years and older but omits a marketplace for cultivation and dispensary sales.

Aurora Cannabis Expands Medical Cannabis Pastille Offerings in Australia The Canadian-based medical cannabis company is broadening its product portfolio to the growing market in Australia.

How Climate Change Can Hurt Cannabis Crops, Bottom Lines As global temperatures rise, temperamental weather systems are damaging crops with wildfire smoke and drought, leading cannabis cultivators to face several complex challenges.

US Congressman’s Bill Would Provide Veterans Access to Cannabis From VA Doctors Florida Republican Brian Mast reintroduced the Veterans Equal Access Act to allow government health care providers to recommend medical cannabis.

Trulieve Opening 4th Ohio Dispensary in Columbus The cannabis company’s new Franklin County retail location will host a grand opening celebration on Feb. 21.

Due Diligence Horticulture (DDH) Expands Research Capabilities Due Diligence Horticulture and Silver State Cultivation partner to enhance client-driven research initiatives.