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Cannabis company to close or sell all Michigan locations

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July 9, 2025

[#item_full_content] GENESEE COUNTY, Mich. – A multistate cannabis company is cutting all of its Michigan ties.All 20 dispensaries under the TerrAscend Corporation in Michigan will Read More

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Kalamazoo Pot Shops Hit by Mass Closures, Layoffs
by Lauren Gordon on July 9, 2025
Could your favorite dispensary be closing?
Des Plaines to limit cannabis dispensaries through new license system
by Russell Lissau on July 9, 2025
As Des Plaines officials weigh proposals from entrepreneurs hoping to open the suburb’s first cannabis dispensaries, the city council has decided to limit the number of pot shops that can operate in...
Cannabis giant TerrAscend to exit Michigan market, closing 20 stores and cutting 230 jobs
by Adrienne Roberts on July 8, 2025
The Toronto-based company will sell or divest four cultivation and processing facilities, 20 retail stores and real estate in Michigan.
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by Abigail Geiger on July 8, 2025
Around nine-in-ten Americans say marijuana should be legal for medical or recreational use, according to an October 2022 Pew Research Center survey.
Whatever happened to those planned Downtown cannabis dispensaries?
by Randy Tucker on July 8, 2025
Dispensary operators with provisional licenses to open Downtown have yet to take the steps needed for final approval to begin selling marijuana.
California marijuana industry faces new tax increase, threatening legal market
by Priscilla Lara on July 8, 2025
California's marijuana industry faces challenges as the state excise tax jumps from 15% to 19%, potentially driving customers away from legal dispensaries and threatening small businesses.
Bay City and Burton marijuana shops closing as company exits Michigan
by Ryan Jeltema on July 7, 2025
The Gage Cannabis dispensary at 1234 N. Center Road is among 20 stores operated by TerrAscend that will close by the end of 2025, when the company leaves Michigan.
Here’s Where To Buy Legal Recreational Marijuana In Delaware Next Month
by Marijuana Moment on July 6, 2025
All seven medical marijuana operators have converted to adult-use cannabis sales, with over 10 locations, which will be up and running in August. By Brianna Hill, Spotlight Delaware Delaware will begin recreational marijuana sales on August 1, state officials announced Tuesday, putting the first definitive date on the start of a long-awaited rollout for the
Rhode Island Marijuana Regulators Seeking Applications For New Dispensary In State’s Northern Region
by Marijuana Moment on July 5, 2025
“The office is actively conducting outreach and establishing communication with previously qualified applicants.” By Christopher Shea, Rhode Island Currant The state’s Cannabis Control Commission is looking to license a new compassion center in northern Rhode Island after plans for one in Woonsocket were scrapped. The three-member commission has reopened applications for candidates who qualified to
Texas Medical Marijuana Industry Wants Lawmakers To Ban Synthetic Delta-8 THC And Restrict Hemp Products To Adults
by Marijuana Moment on July 5, 2025
“Medical marijuana and hemp can co-exist in Texas, if it’s done responsibly.” By Stephen Simpson, The Texas Tribune Texas’s medical marijuana dispensaries entered into this year’s legislative session with a two-prong strategy to expand: to loosen the state’s rules on their industry that has made the program largely inaccessible to those who need it and
Texas hemp industry backs Abbott's call for regulation after THC ban vetoed
by Julianna Duennes Russ on July 5, 2025
Gov. Greg Abbott’s veto of Senate Bill 3 means dispensaries can keep their doors open — for now. Their future now hinges on a special session this month.
As Thailand does U-turn on legal cannabis, businesses scramble to survive
by Zsombor Peter on July 2, 2025
Government says decriminalisation fueled social ills, but producers argue new rules will only push industry underground.
White Earth Nation opens cannabis dispensary in St. Cloud with plans for more across state
by Jason Rantala on July 2, 2025
St. Cloud cannabis dispensary opens to eager customers
by Mathew Holding Eagle III on July 2, 2025
The White Earth nation opened the state’s second adult-use cannabis dispensary outside tribal lands Wednesday in St. Cloud. Lines snaked around the building.
Buyers line up at St. Cloud weed dispensary on opening day
by Jenny Berg on July 2, 2025
St. Cloud, MN's Waabigwan Mashkiki, the White Earth Band of Chippewa cannabis business, is the tribe's second off-reservation, at the former LeafLine medical dispensary.
New cannabis tax increase is a high concern for California dispensaries, customers
by Will Conybeare,Omar Lewis on July 2, 2025
Several new laws went into effect in California this week, including a 4% bump in the state’s cannabis tax rate. As of Tuesday, the excise tax rate on marijuana is now 19%, up from 15%. An ex…
Cannabis giant plans to close 20 dispensaries in Michigan, citing harsh market conditions
by Steve Neavling on July 2, 2025
TerrAscend Corp. plans to close all of its retail, cultivation, and processing sites
New Jersey Officials Are Now Accepting Marijuana Consumption Lounge Applications From All Dispensaries
by Kyle Jaeger on July 2, 2025
New Jersey regulators are now accepting applications to operate cannabis consumption lounges from all licensed marijuana dispensaries. As of Wednesday, the New Jersey Cannabis Regulatory Commission (NJ-CRC) has opened its portal for prospective licensees to receive “consumption area application endorsements,” from “all Class 5 retail operators.” In January, officials first started accepting applications from social
Chafing under medical marijuana changes
by Bangkok Post Public Company Limited on July 2, 2025
Small business owners and employees in cannabis shops have raised concerns about the abrupt regulatory changes on the use of cannabis and their economic impact.
New marijuana dispensary opening in MN, licensing remains bumpy
by Corin Hoggard on July 1, 2025
The recreational marijuana market is expanding slowly in Minnesota, with a new recreational dispensary set to open this week.

TerrAscend Completes $79 Million Non-Dilutive Debt Financing
on July 9, 2025 at 3:03 pm
The proceeds from the transition were used to retire $68 million of existing debt, with the remainder designated for future growth initiatives.
Vireo Growth Refinances Senior Secured Debt Through $120M Loan
on July 9, 2025 at 11:35 am
The cannabis company also expanded its consolidated credit facilities with an additional $33 million second lien term loan.
Patients With Anxiety Fuel Pennsylvania’s $1.7 Billion Medical Cannabis Program
on July 9, 2025 at 7:02 am
The most common qualifying condition in the commonwealth, anxiety outpaces chronic pain and post-traumatic stress disorder.
DEA Provides No Cannabis Rescheduling Update After 180 Days
on July 8, 2025 at 5:41 pm
The Drug Enforcement Administration still has yet to fix a briefing schedule for an interlocutory appeal as Trump’s nominee awaits Senate confirmation.
4 Pitfalls to Avoid When Seeking a Cannabis Trademark (and Tips to Avoid Them)
on July 8, 2025 at 3:24 pm
Trademark protection in the cannabis industry is complex and still evolving, but building a strong legal foundation now will give your brand staying power.
Collective Project Launches Portfolio of Hemp-Derived THC Beverages in 25 States
on July 8, 2025 at 12:32 pm
The top-selling Canadian cannabis beverage brand is now shipping directly to consumers across the country.
Curaleaf Buys Out Minority Partner in Curaleaf International
on July 8, 2025 at 12:02 pm
The transaction with an institutional investor brings the cannabis company’s stake in its European holding company to 100%.
FLUENT Opens Company’s 1st Adult-Use Dispensary in New York
on July 8, 2025 at 8:53 am
The cannabis company rebranded the retail facility in Kingston following its RIV Capital acquisition.
New Era of Scaling a Cannabis Business Starts With Discipline, CEO Explains
on July 7, 2025 at 4:51 pm
TheraTrue CEO Chris Ras outlines the company’s focus in Ohio and Georgia, and its balanced approach geared toward new markets.
5 Ways Dispensaries Can Build Momentum Around 7/10
on July 7, 2025 at 11:28 am
The July 10 cannabis holiday, known as Oil Day, can be a seasonal campaign that extends through August, when oil sales grow stronger.
Viola, Tempter’s Unite to Elevate the Cannabis Beverage Experience
on July 3, 2025 at 2:14 pm
The multi-national cannabis brand is partnering with the pioneering hemp-derived THC beverage company.
Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary
on July 3, 2025 at 1:38 pm
The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.
FLUENT Appoints Former Governor to Board of Directors
on July 3, 2025 at 12:16 pm
Peter Shumlin, a Democrat who served three terms as Vermont’s governor, joins the cannabis company’s board.
How to Fresh-Freeze Cannabis
on July 3, 2025 at 11:47 am
A CBT reader asks industry expert Ken Morrow how to freeze a fresh cannabis harvest after hitting some hurdles on the first attempt.
Cronos Grows International Footprint in Switzerland
on July 2, 2025 at 1:05 pm
The Canadian cannabis company partnered with Dascoli Pharma AG to expand the distribution of its PEACE NATURALS brand in the Swiss market.
AYR Wellness Misses Interest Payment on Outstanding Senior Notes
on July 2, 2025 at 12:36 pm
The cannabis company does not anticipate that the missed payment will result in operational challenges as it restructures its debt profile.
Cannabist Cultivation Workers Ratify 1st Union Contract in New Jersey
on July 2, 2025 at 6:01 am
The cannabis workers in Vineland voted to accept their contract with UFCW Local 152 after first deciding to organize nearly three years ago.
Delaware to Commence Adult-Use Cannabis Sales on Aug. 1—831 Days Since Legalization
on July 1, 2025 at 3:16 pm
The state’s Office of the Marijuana Commissioner announced the launch date, which had been delayed by trouble with obtaining an FBI service code.
Trulieve Announces Registration Statement Filing
on July 1, 2025 at 12:45 pm
The cannabis company has no immediate plans to offer or sell any securities under the shelf registration.
TerrAscend Exiting Michigan, Will Sell 4 Cultivation Facilities, 20 Dispensaries
on July 1, 2025 at 12:34 pm
The cannabis company announced the strategic exit to focus on core markets. The net proceeds from its divestitures will be used to pay down debt.
Nebraska Governor Approves Emergency Regulations for Medical Cannabis Market
on July 1, 2025 at 6:03 am
State regulators plan to prohibit smoking, combustion and vaping, but a formal rulemaking process is underway before an October licensing deadline.
10 Alabama CBD Stores, Vape Shops Raided; 4 Hemp Businesses Sue State
on June 30, 2025 at 4:46 pm
The Alabama Law Enforcement Agency and other agencies executed search warrants as a new law banning certain hemp products is set to take effect July 1.
California Cannabis Excise Tax Hike Takes Effect as Consumers Face Mounting Cost-of-Living Crisis
on June 30, 2025 at 12:07 pm
The excise tax increase will drive more Californians to the unlicensed market; Assembly Bill 564 offers a path to roll back the policy.
New York Recalls 28 Cannabis Products With Materials Sourced From Out of State
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The New York Office of Cannabis Management issued the recall for flower and pre-rolls produced with inputs from unlicensed entities.
High Tide Opening 2 Canna Cabana Dispensaries in Toronto, Winnipeg
on June 27, 2025 at 12:38 pm
The new locations in Ontario and Manitoba bring the cannabis company’s store count to 202 locations across Canada.

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Delaware governor considers cutting restrictions on recreational pot store sites
by Sarah Mueller on July 10, 2025
Delaware counties are fuming over the state overturning local decisions it doesn’t like. Weed advocates say local zoning rules are restrictive.
Soon-to-be cannabis business owners in Minnesota waiting for green light to open
by CBS Minnesota on July 9, 2025
Joint cannabis commission holds first meeting amid push for regulated market
by Markus Schmidt on July 9, 2025
The newly formed joint commission tasked with overseeing Virginia’s transition to a legal retail cannabis market held its inaugural meeting in Richmond Wednesday, launching what lawmakers described as the next chapter in the commonwealth’s winding path toward a regulated marijuana industry.Del. Paul Krizek, D-Fairfax, who sponsored the House resolution creating the commission earlier this year, was elected chair during the meeting at the state Capitol. While no other formal action was taken, the panel laid out its mission and signaled it would use previously vetoed legislation as a foundation to craft a new proposal for 2026 — when Virginia will have a new governor.
Virginia Government Cannabis Commission Holds First Meeting, With Focus On Preparing Retail Sales Legalization Bill For Next Year
by Ben Adlin on July 9, 2025
Members of a newly re-established cannabis commission in Virginia held an initial meeting on Wednesday, kicking off what’s slated to be months of hearings focused on the future of marijuana in the commonwealth—a process expected to result in a revised proposal to legalize retail sales that lawmakers plan to introduce next session. Convened as part
Joint Agency Operation: Nevada County Sheriff’s Office and California Department of Fish and Wildlife Partner for Illegal Cannabis Enforcement
by NCSO Public Information Officer Ashley Quadros on July 9, 2025
Nevada City –For several years, members of the Nevada County Sheriff’s Office (NCSO) Special Investigation Unit (SIU) and the California Department of Fish and Wildlife (CDFW) have intermittently worked together to address and eradicate illegal cannabis operations in Nevada County while still conducting independent investigations. To strengthen their effectiveness, NCSO and CDFW have merged resources
Holy smoke: a decade later, the First Church of Cannabis still sparks conversation
by Abdul-Hakim Shabazz, IndyPolitics.org on July 9, 2025
Ten years ago, Indiana got an unexpected spiritual awakening—complete with incense, music, and a serious conversation about religious freedom and marijuana.
Famous SF pot brand forced to pay millions after Haight Street shop closes
by Lester Black on July 9, 2025
The store was arguably the most notable cannabis shop in San Francisco.
Ohio recreational cannabis sales double that of medical marijuana
by Margaret Jackson on July 9, 2025
Ohio marijuana consumers are buying twice as much adult-use cannabis as they are MMJ as total sales approach the billion-dollar mark in 2025.

Cannabis company to close or sell all Michigan locations

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