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Inside a Marijuana Grow Lab

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February 27, 2025

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Trulieve Reports $1.2 Billion in 2024 Revenue

February 27, 2025

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Hot topics: Rental regulations, marijuana dispensaries discussed at Lisbon council meeting
by Huston Bobbie on February 27, 2025
LISBON — Residents packed Tuesday’s Lisbon Council meeting to discuss two hot-button agenda items — proposed rental regulations and the possibility of a cannabis dispensary in the village’s future. The dispensary discussion was moot, according to Mayor Pete Wilson. Wilson explained the size of the village at just 1.4 square miles and state regulations that
$8M later, this state has yet to open single cannabis dispensary
by Cara Wietstock on February 26, 2025
Those rooting for Alabama medical cannabis licensing have seen millions in taxpayer dollars go towards failed attempts and litigation.
Bill would cap the number of marijuana dispensaries across the state
by John Hooks on February 26, 2025
State lawmakers last week advanced a bill that would cap the number of marijuana dispensaries in Montana.
Monroe County set to receive more than $1 million in cannabis revenue
by Suzanne Nolan Wisler on February 26, 2025
See how much in cannabis revenue sharing Monroe Township, Luna Pier and Petersburg will receive from fiscal year 2024.
How New York’s Plan for Reparations Became a Debt Trap for Marijuana Retailers
by Ashley Southall on February 26, 2025
New York persisted with a plan to build flagship dispensaries for people the state once prosecuted for weed offenses, even as it failed to meet its goals.
Medical marijuana dispensary allowed to open next to children’s day care, with Florida law overriding more restrictive Miami-Dade code - WSVN 7News | Miami News, Weather, Sports
by Kevin Boulandier on February 26, 2025
A medical marijuana dispensary — opening right next door to a day care. Parents are concerned — but the dispensary’s CEO says they have aRead More
Woody Harrelson Wishes He Could Invite Bob Marley To His Marijuana Dispensary—But Fears The Reggae Legend Would Out-Smoke Him
by Kyle Jaeger on February 25, 2025
If actor Woody Harrelson could choose anyone living or dead to patronize his Los Angeles marijuana dispensary’s “Ganja Giggle Garden,” he says he’d pick a classic cannabis icon: Bob Marley. But he conceded that he doesn’t think he could go “toke-for-toke” with the late reggae star. During an appearance on The Late Show With Stephen
A potential legal battle looms over New Jersey’s new proposed weed laws
by Henry Savage on February 25, 2025
A proposed law in New Jersey could allow medical dispensaries to sell recreational weed. A local town threatens to sue if it happens.
Lenawee County set to receive more than $1 million in adult-use marijuana funds
by Brad Heineman on February 25, 2025
Lenawee County and its communities that house adult-use marijuana establishments will be the recipient of revenue sharing dollars from the Marihuana Regulation Fund.
Is weed legal in Florida? Here are the laws to harsh your buzz for spring break 2025
by C. A. Bridges on February 24, 2025
Don't fire it up. If you;re coming to Florida for spring break, be aware of the marijuana laws here. They're not friendly..
Free medical cannabis program launches at West Hollywood dispensary
by Samantha Gowen on February 24, 2025
The Compassion Program expects to help up to 100 medical patients and veterans monthly.
Selling medical marijuana costs a fortune. As fewer shops open, patients feel the squeeze
by Will Katcher | WKatcher@masslive.com on February 23, 2025
The scarcity of medical marijuana dispensaries compared to recreational pot shops — and the hurdles it presents patients — reflect fundamental issues in state's medical marijuana market and how it's regulated, patients and industry experts say.
Michigan communities with pot stores to split $100 million in marijuana tax revenue
by Mitch Hotts on February 23, 2025
Michigan booming marijuana market continues to pay off in additional money for various projects in local cities, townships, and tribes.
City of Byron applies for weed dispensary
by Brandon Antony on February 22, 2025
It's been in the works for awhile now. A municipal cannabis dispensary in Byron. And now it's finally coming to fruition.
Local entrepreneurs roll out crypto fix for cash-only cannabis dispensaries
by Steve Neavling on February 21, 2025
$5 ATM transaction fees are a costly and inconvenient feature in an industry that doesn’t take credit cards. Could cryptocurrency be the solution?
Nassau County residents sound alarm over marijuana shop opening on Queens border
by Chanteé Lans on February 20, 2025
Just across a bustling Union Turnpike in bordering New Hyde Park under the town of North Hempstead, cannabis shops are not allowed.
Best Online Dispensary: Where to Buy Premium Weed on a Budget
by RiponPress.com on February 19, 2025
Switching from a brick-and-mortar store to an online dispensary can be a game-changer for cannabis fans, allowing you to get the best THC products available delivered directly to your door.
Phillipsburg Gets Set for Second Cannabis Shop: Broad Street Buds Approved by Town Council
by TAPinto on February 18, 2025
Discover Phillipsburgs newest cannabis retailer, Broad Street Buds LLC, approved for recreational sales. Explore our thriving cannabis community!
Minnesota cannabis agency starts accepting applications for pot businesses
by Matt DeLong on February 18, 2025
Weeks after a preapproval license lottery was canceled, applications open for numerous business licenses in Minnesota's fledgling legal cannabis industry.
Ohio weed costs double Michigan's, but lawmakers want to make it even more expensive
by Morgan Trau on February 17, 2025
Marijuana in Ohio costs more than double that of Michigan, yet state lawmakers want to make it even more expensive and less potent.

New York lawmakers quiz state cannabis czar, say unlicensed market still a major problem
by John Schroyer on February 27, 2025 at 10:41 pm
Legislators also sought clarity on how regulators were handling supply chain challenges and the troubled social equity fund. The post New York lawmakers quiz state cannabis czar, say unlicensed market still a major problem appeared first on Green Market Report.
Trulieve Announces Appointment of Co-Founder Jason Pernell as President
on February 27, 2025 at 5:48 pm
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Ayurcann posts 25% sales growth in second quarter, projects C$50M revenue in 2025
by Adam Jackson on February 27, 2025 at 5:26 pm
The Ontario-based cannabis company saw a 25% revenue jump despite still swimming in the red. The post Ayurcann posts 25% sales growth in second quarter, projects C$50M revenue in 2025 appeared first on Green Market Report.
Greenway troubles continue in Q3 quarter with another C$675k loss
by John Schroyer on February 27, 2025 at 5:17 pm
However, the loss was a significant improvement over the same period a year ago. The post Greenway troubles continue in Q3 quarter with another C$675k loss appeared first on Green Market Report.
Cronos Group reports dramatic turnaround in 2024, ends year with $40M profit
by John Schroyer on February 27, 2025 at 4:33 pm
The company said it is now focused on international expansion. The post Cronos Group reports dramatic turnaround in 2024, ends year with $40M profit appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on February 27, 2025 at 4:00 pm
The Cannabis Related Business Team at Community Choice Credit Union is ready to light up your financial strategy. The post Cannabis-related banking requires cannabis expertise appeared first on Green Market Report.
Skymint turns a new leaf as messy receivership nears end
by Dustin Walsh on February 27, 2025 at 3:59 pm
Skymint's floor fell out thanks to expensive sale-leaseback deals, mismanagement and falling prices. The post Skymint turns a new leaf as messy receivership nears end appeared first on Green Market Report.
Compass Pathways goes further in the red in 2024 as trial results loom
by Adam Jackson on February 27, 2025 at 3:35 pm
The company expects top-line data for COMP360 next quarter following October's restructuring and fresh financing last month. The post Compass Pathways goes further in the red in 2024 as trial results loom appeared first on Green Market Report.
Verano misses on fourth-quarter revenue, posts wider annual loss
by Adam Jackson on February 27, 2025 at 2:08 pm
The multistate operator said it will spend less in 2025 amid ongoing price pressures and retail competition. The post Verano misses on fourth-quarter revenue, posts wider annual loss appeared first on Green Market Report.
Trulieve Reports $1.2 Billion in 2024 Revenue
on February 27, 2025 at 1:43 pm
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.
Trulieve beats fourth-quarter revenue estimates, sees strong margins
by Adam Jackson on February 27, 2025 at 1:37 pm
The Florida cannabis giant exceeded analyst expectations with fourth-quarter revenue and better profitability metrics. The post Trulieve beats fourth-quarter revenue estimates, sees strong margins appeared first on Green Market Report.
Verano Reports $879 Million in 2024 Revenue
on February 27, 2025 at 1:22 pm
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
on February 27, 2025 at 9:11 am
Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution.
Massachusetts cannabis market cools as prices drop, competition grows
by Adam Jackson on February 27, 2025 at 5:00 am
Data from a new state report shows 62% price decrease since 2018 with western counties with the heaviest retailer concentration. The post Massachusetts cannabis market cools as prices drop, competition grows appeared first on Green Market Report.
Trulieve Launches Farm Bill-Compliant Onward: A Premium THC Beverage
on February 26, 2025 at 5:00 pm
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
on February 26, 2025 at 4:46 pm
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
on February 26, 2025 at 4:31 pm
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
on February 26, 2025 at 2:49 pm
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
on February 26, 2025 at 10:47 am
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
on February 26, 2025 at 10:05 am
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
on February 26, 2025 at 9:34 am
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
on February 26, 2025 at 9:17 am
The cannabis company also reported a net income of 73 million dollars for its full-year results.
RAW GARDEN INTRODUCES SPROUTTM VAPE, PIONEERING TERPENE-SAFE PLASTIC FOR CANNABIS HARDWARE
on February 26, 2025 at 7:59 am
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
on February 25, 2025 at 5:18 pm
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
on February 25, 2025 at 1:20 pm
The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

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Intellectual property of cannabis brand High Times is for sale again
by Chris Casacchia on February 27, 2025
The IP of cannabis brand High Times, including its fading iconic magazine, Cannabis Cup events and trademarks, are back on the market.
MTL Cannabis Corp. Reports Third Quarter Results with $25.6 Million of Revenue
by CNW Group on February 27, 2025
MTL Cannabis Corp. (CSE: MTLC) ("MTL" or the "Company") is pleased to report it has filed the financial statements as at and for the three-month and nine-month periods ending December 31, 2024, and 2023. Complete details may be found at www.sedarplus.ca.
Increases in Number of States That Have Legalized Marijuana Obscures Fact That Cannabis Remains Federally Illegal in 2025
by Julie A. Werner-Simon on February 27, 2025
Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution.
Deputies seize cannabis, psilocybin; Rockford man in custody
by Ryan Johnston on February 27, 2025
Winnebago County deputies arrested Juan Luis Quintana for allegedly manufacturing and delivering cannabis and possessing psilocybin after a search of a residence in the 3700 block of Preston Street…
MSO Results Have Been Okay
by Alan Brochstein, CFA on February 27, 2025
You’re reading this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October... #AdvisorSharesPureUSCannabisETF #AmplifySeymourCannabisETF #cnbs
More than two dozen DC shops have been shut down, accused of selling marijuana illegally
by Nick Iannelli on February 27, 2025
While recreational marijuana is legal to possess and use in D.C., selling it remains illegal, and businesses accused of ignoring that law are paying the price.
DC cracks down on 'gifting' weed shops in massive sweep
by Christopher Harris on February 27, 2025
For years, unlicensed cannabis shops in D.C. operated under the guise of “gifting” marijuana, but in the past six months, officials have shut down 25 for illegal sales and safety violations.
Legal cannabis linked to drop in anxiety medication prescriptions
by Ashley Bradford on February 27, 2025
Could legal marijuana be changing how we treat anxiety? A new study in JAMA Network Open reveals that in states with legal cannabis, fewer patients are filling prescriptions for anti-anxiety medications like benzodiazepines.

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Trulieve Reports $1.2 Billion in 2024 Revenue

Pennsylvania Moves Toward Marijuana Legalization As Fetterman, Shapiro And Others Back Cannabis Reform

Verano Reports $879 Million in 2024 Revenue

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Trulieve Reports $1.2 Billion in 2024 Revenue

Pennsylvania Moves Toward Marijuana Legalization As Fetterman, Shapiro And Others Back Cannabis Reform

Verano Reports $879 Million in 2024 Revenue

Ohio Senate overhauls adult-use marijuana laws: Capitol Letter

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