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TerrAscend Completes $79 Million Non-Dilutive Debt Financing

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July 9, 2025

[#item_full_content] The proceeds from the transition were used to retire $68 million of existing debt, with the remainder designated for future growth initiatives. Read More

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Concerns grow over transparency, legality of Kentucky’s medical marijuana rollout

July 10, 2025

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Joint cannabis commission holds first meeting amid push for regulated market

July 10, 2025

Daily News Hits

Joint cannabis commission holds first meeting amid push for regulated market

July 10, 2025

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Here’s what to expect at an Akron weed dispensary
by Reegan Davis Saunders on July 10, 2025
Never set foot in an Akron weed dispensary? Here's what you should expect (and what you could purchase) on your first visit.
Kalamazoo Pot Shops Hit by Mass Closures, Layoffs
by Lauren Gordon on July 9, 2025
Could your favorite dispensary be closing?
Cannabis rescheduling is still on hold under Trump, DEA says (Newsletter: July 9, 2025)
by Tom Angell on July 9, 2025
Federal hemp ban up in Senate this week; Poll: 9/10 Americans back legalization; Congressional report on cannabis & guns; AK psychedelics Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Before
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.
9 facts about Americans and marijuana
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

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.
From The Vault: Interview With Susan Sontag, The Dark Lady Of Pop Philosophy (1978)
by High Times on July 9, 2025 at 2:56 pm
From the March, 1978 issue of High Times comes a fascinating interview with the late, great Susan Sontag. The post From The Vault: Interview With Susan Sontag, The Dark Lady Of Pop Philosophy (1978) first appeared on High Times.
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.
San Francisco Celebrates Hash with Citywide Festival
by High Times on July 8, 2025 at 6:46 pm
San Francisco’s second annual Hash Week runs July 8–14, featuring drop parties with California’s leading extract brands at dispensaries and lounges across the city. The post San Francisco Celebrates Hash with Citywide Festival first appeared on High Times.
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.
Delaware to Begin Recreational Cannabis Sales on August 1
by High Times on July 8, 2025 at 3:48 pm
Delaware will launch recreational cannabis sales on August 1. Thirteen medical dispensaries will serve adult-use customers first, while new licensees face delays due to zoning and funding barriers. The post Delaware to Begin Recreational Cannabis Sales on August 1 first appeared on High Times.
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.
From The Vault: ‘I Was JFK’s Dealer’ (1974)
by High Times on July 8, 2025 at 2:51 pm
In 1974, High Times interviewed a man who claimed to be JFK's dealer. The post From The Vault: ‘I Was JFK’s Dealer’ (1974) first appeared on High Times.
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.
Ed Rosenthal, ‘The Ganja Guru,’ on the Cannabis Revolution: It’s Not Finished Until Everyone Can Grow
by Nicolás José Rodriguez on July 7, 2025 at 4:39 pm
In this 2021 interview, legendary grower and activist Ed Rosenthal reflects on 50 years of cannabis advocacy, the unfinished fight for home grow rights, and why the cannabis industry should look more like the tomato business. The post Ed Rosenthal, ‘The Ganja Guru,’ on the Cannabis Revolution: It’s Not Finished Until Everyone Can Grow first appeared on High Times.
Inside the European Takeover of America’s Cannabis Seed Market
by Javier Hasse on July 7, 2025 at 3:58 pm
A quiet revolution is taking root in American cannabis—led by European seed companies. Blimburn, Royal Queen Seeds, ILGM and others are tapping into the booming home-grow market, offering high-quality genetics and know-how that U.S. growers are now demanding. The post Inside the European Takeover of America’s Cannabis Seed Market first appeared on High Times.
Gary Payton: ‘I Never Smoked Weed—But Cannabis Helped Save My Mom’
by Javier Hasse on July 7, 2025 at 3:44 pm
NBA legend Gary Payton never smoked weed—but after cannabis helped his mother during her final days, he became a believer. Now, with his wellness brand Greater Purpose, Payton is on a mission to show the world that cannabis isn’t just for getting high—it’s about healing, recovery, and reclaiming quality of life. The post Gary Payton: ‘I Never Smoked Weed—But Cannabis Helped Save My Mom’ first appeared on High Times.
From The Vault: Mick Jagger (1980)
by High Times on July 7, 2025 at 3:21 pm
The loose-limbed Lucifer of the rock inferno on rock music, cocaine and why he prefers showers to baths. The post From The Vault: Mick Jagger (1980) first appeared on High Times.
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.
Exclusive: Slipknot’s Sid Wilson Proposes to Kelly Osbourne During Ozzy’s Farewell Show
by C. Divinci on July 6, 2025 at 5:16 pm
Yesterday in front of Ozzy Osbourne, Sharon, and their rock royalty friends Sid Wilson, Slipknot’s longtime DJ and… The post Exclusive: Slipknot’s Sid Wilson Proposes to Kelly Osbourne During Ozzy’s Farewell Show first appeared on High Times.
The Pages That Raised Us: High Times Is Home Again
by Javier Hasse on July 6, 2025 at 3:19 pm
After a silent period, High Times is back. A personal reflection on the magazine that shaped a movement and the return of its untamed spirit. The post The Pages That Raised Us: High Times Is Home Again first appeared on High Times.
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.

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Thailand to require cannabis shops to convert into clinics staffed by doctors
by South China Morning Post on July 10, 2025
Officials say only around 2,000 of the country’s 18,000 marijuana dispensaries are expected to stay open after the new rules go into effect.
Haze of confusion in Thailand as government flips on cannabis law
by Rebecca Ratcliffe on July 10, 2025
New rules banning recreational cannabis use have put Thailand’s $1bn cannabis industry in limbo, with some stores fearing they will have to close
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.
Joint cannabis commission holds first meeting amid push for regulated market
by Markus Schmidt on July 10, 2025
Supporters say equity and small businesses must be central as Virginia prepares to reintroduce retail marijuana legislation.
Soon-to-be cannabis business owners in Minnesota waiting for green light to open
by CBS Minnesota on July 9, 2025
Recent Study Finds THC Labeling More Accurate in Concentrate Products Than Cannabis Flower
by Madeline Colli on July 9, 2025
Data from a recent study discovered that THC labeling was more accurate in concentrate products than with cannabis flower.
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

TerrAscend Completes $79 Million Non-Dilutive Debt Financing

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Concerns grow over transparency, legality of Kentucky’s medical marijuana rollout

Joint cannabis commission holds first meeting amid push for regulated market

Joint cannabis commission holds first meeting amid push for regulated market

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Concerns grow over transparency, legality of Kentucky’s medical marijuana rollout

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