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Verano Secures $75 Million Revolving Credit Facility

ByPot Shop News

October 1, 2025

[#item_full_content] The cannabis company drew $50 million to retire $50 million of its existing senior secured credit facility, with $25 million left for strategic initiatives. Read More

Author: Pot Shop News

ByPot Shop News

Daily News Hits

Shutdown showdown & Proposed Michigan cannabis tax hike

October 2, 2025 Pot Shop News

Daily News Hits

State Sen. John Cavanaugh files formal complaint over implementation of medical cannabis

October 2, 2025 Pot Shop News

Daily News Hits

Wisconsin lawmakers propose ban on hemp-derived THC

October 2, 2025 Pot Shop News

Brooklyn weed shop's closure has industry warning it could be the start of a wave
by https://www.facebook.com/* on October 2, 2025
The high-profile cannabis lifestyle brand Happy Munkey has shuttered its second New York City cannabis dispensary less than a year after it opened, a closure that at least for now appears to be indefinite, if not permanent.
Successful Brockton cannabis dispensary opens in Taunton. Key to success? What's on menu?
by Daniel Schemer on October 2, 2025
In Good Health, located where Commonwealth Alternative Care closed in Taunton, grows much of its own cannabis and makes many of its own products.
Kansas officials raid smoke shops in crackdown on ‘brazen’ sales of marijuana and THC products
by Sherman Smith on October 2, 2025
Marijuana remains completely illegal in Kansas. On Wednesday, KBI and local law enforcement raided smoke and vape shops in Concordia, McPherson, Pratt, Salina, Topeka and Wichita accused of illegal retail drug sales.
N.Y. emergency rooms see spike in cannabis-related visits
by spectrumlocalnews.com on October 1, 2025
In New York, dispensaries are required to have their products labeled.
Village of Bellville to ask voters whether to allow marijuana dispensary
by Lou Whitmire on October 1, 2025
An adult cannabis dispensary shall not be permitted in the village unless approved by a majority of electors, per resolution on file at the board of elections.
To Weed or Not to Weed, Circleville to Host Public Forum on Future of Marijuana Dispensaries
by Jeremy Newman on October 1, 2025
CIRCLEVILLE, Ohio – Circleville City Council will hold a community forum later this month to gather public input on whether the city should allow a marijuana dispensary to open. The forum is scheduled for Wednesday, October 23, from 6:30 to 7:30 p.m. at the Circleville Library. Residents will hav
Denver Welcomes Several New Dispensaries as Longtime Stores Close
by Thomas Mitchell on September 30, 2025
Several new stores opened as summer ended, and some popular dispensaries closed for good.
Minnesota cannabis entrepreneurs are upset after medical marijuana providers are able to immediately sell recreational weed
by Matt DeLong on September 30, 2025
As small cannabis businesses are struggling to find products to sell, some say they were blindsided when the state allowed Rise and Green Goods to immediately sell some of their medical cannabis for adult-use after they obtained their licenses.
Hundreds protest proposed marijuana tax hike in Michigan Capitol
by Craig Mauger on September 30, 2025
Inside the Capitol, demonstrators chanted, "Save our jobs," while outside people carried signs with messages like, "Don't tax my peace."
Southampton marijuana dispensary can stay in current location, court order says
by Lee Meyer on September 30, 2025
A court order reverses a recent review by the state that reinterpreted whether dispensaries were complying with state school-distance requirements.
Smoke and mirrors in cannabis zoning
by Betty DiMarco and Lane Trippe on September 30, 2025
In New Orleans, marijuana dispensaries — like the one opening soon in our community can be granted a permit without any neighborhood notice. And in Louisiana, unlike other neighboring states, dispensaries can open up next to a library or a school or a daycare.
San Francisco’s first ‘equity’ weed store was an epic failure. City Hall insiders may still pocket millions
by Chris Roberts on September 30, 2025
The cannabis shop on storied Haight Street had it all: prime real estate, star power, political clout and social justice. Then things got ugly.
Court order: Weed shops continue near New York schools
by Johan Sheridan on September 29, 2025
A New York court has ordered state cannabis regulators to temporarily halt enforcing a stricter interpretation of a rule regarding the distance between marijuana dispensaries and schools, allowing …
A drug made from marijuana reduced back pain in a large study
by Associated Press on September 29, 2025
Patients reported provided less pain, better sleep and improved physical function.
Minnesota’s first non-tribal recreational dispensaries open two years after legalization
by Minnesota Reformer on September 29, 2025
They join a handful of tribal dispensaries, such as NativeCare in Red Lake, which got a head start in selling non-medical cannabis thanks to compacts between Minnesota and tribal nations
Proposed marijuana tax would raise $420 million for Michigan roads. Here's what one dispensary has to say
by Colin Jankowski on September 26, 2025
A Lansing dispensary owner says he's opposed to a 24% wholesale tax proposed as part of state budget agreements this week, and says it could drive consumers to the black market.
Pot for potholes: Michigan House OKs marijuana tax to raise $420M for roads
by Jordyn Hermani on September 25, 2025
The Michigan House approved a new 24% wholesale tax on marijuana projected to raise $420M a year for road construction and repairs.
WATCH: State and local authorities shut down illegal weed shop
by Kendra Broddus on September 25, 2025
CENTRAL SQUARE, N.Y. (WSYR-TV) — After a six-week investigation that started with citizen complaints, THC, a shop in Central Square, was shut down for illegally selling cannabis. THC was esse…
Trump DOJ says cannabis & guns dispute "warrants" SCOTUS review (Newsletter: September 25, 2025)
by Tom Angell on September 25, 2025
Former DOJ lawyer on marijuana rescheduling & Christians; TX senator pushes hemp restrictions; AK psychedelics initiative 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… Free to read (but not free
Girard mayor expected at marijuana dispensary ribbon cutting
by wfmj.com on September 24, 2025
Girard Mayor Mark Zuppo and other dignitaries are expected to be on hand for today’s ribbon-cutting ceremony at the Valley’s newest marijuana dispensary.

Will This Tax Freeze Save California’s Cannabis Industry?
by Marian Venini on October 2, 2025 at 6:21 pm
California Governor Gavin Newsom has signed a law halting the 25% tax increase on cannabis until at least October 2028. But how will the state get around to this? The post Will This Tax Freeze Save California’s Cannabis Industry? first appeared on High Times.
Why You Shouldn’t Trust the Anti-Weed Lobby Smart Approaches to Marijuana
by A.J. Herrington on October 2, 2025 at 4:23 pm
On August 25, the nonprofit group Smart Approaches to Marijuana (SAM) sent a letter to President Donald Trump, calling on him not to approve a pending proposal to reclassify cannabis under federal law. In the letter, SAM warned the president that rescheduling marijuana under the federal Controlled Substances Act would lead to significant adverse outcomes. The post Why You Shouldn’t Trust the Anti-Weed Lobby Smart Approaches to Marijuana first appeared on High Times.
The Cost of Doing Nothing: How Delay and Indecision Are Sinking Cultivation Businesses
on October 2, 2025 at 1:00 pm
Part I of a three-part series on how delaying ‘too costly’ infrastructure investments can lead to even greater hidden losses.
From Prison to Purpose: Deshaun Durham’s Fight for Cannabis Justice
by Kyle Rosner on October 2, 2025 at 12:35 pm
Eight months ago, Deshaun Durham walked out of a Kansas prison two weeks before Christmas. He had been sentenced to serve eight years for cannabis possession, two pounds that in a legal state might barely raise an eyebrow. In Kansas, it was enough to brand him a felon, strip away his freedom, and nearly derail The post From Prison to Purpose: Deshaun Durham’s Fight for Cannabis Justice first appeared on High Times.
‘It’s Complicated In India…’: Cannabis Myths & Realities in the World’s Most Populated Country
by Hernán Panessi on October 2, 2025 at 9:06 am
“In Delhi you can score hash, but no flower. You gotta ask around. Sometimes tuk-tuk drivers will offer some when you walk by. I think Hinduism is cool with weed. But the government? Not so much,” says Tellman. The post ‘It’s Complicated In India…’: Cannabis Myths & Realities in the World’s Most Populated Country first appeared on High Times.
Croptober 2025: California Farmers Prep for the Biggest Harvest of the Year
by Jimi Devine on October 1, 2025 at 5:33 pm
We reached out to Northern California cultivators as they prepped for one of their busiest months of the year in October and the massive 2025 fall harvest. As October begins, farmers are already deep in the home stretch. They’ve been checking resin quality, monitoring the weather, watching for pests, and hoping none of those factors The post Croptober 2025: California Farmers Prep for the Biggest Harvest of the Year first appeared on High Times.
Green Check Launches The Forum, a New Platform Extension for Trusted Connections in High-Risk Industries
on October 1, 2025 at 4:18 pm
The vetted ecosystem integrates education and intelligent connection matching to drive compliant growth for cannabis and other high-risk businesses and service providers.
Verano Secures $75 Million Revolving Credit Facility
on October 1, 2025 at 12:12 pm
The cannabis company drew $50 million to retire $50 million of its existing senior secured credit facility, with $25 million left for strategic initiatives.
Will Government Shutdown Keep Cannabis Reform on the Back Burner?
on October 1, 2025 at 8:16 am
Trump’s self-imposed timeline for a rescheduling announcement has elapsed, but political theater in Washington has taken the national spotlight.
Marshawn Lynch Goes All In on Weed With Originals Collab
by Javier Hasse on September 30, 2025 at 8:04 pm
NFL legend Marshawn Lynch has always played the game his own way. Now he’s doing the same in cannabis. His brand Dodi, born in the Bay, is teaming up with Originals in Los Angeles to take things to a new level. From Oakland to L.A. Dodi started as a Northern California flower line with a The post Marshawn Lynch Goes All In on Weed With Originals Collab first appeared on High Times.
Every Two Minutes, Someone in America Is Arrested for Marijuana
by Javier Hasse on September 30, 2025 at 7:34 pm
NORML warns that despite legalization gains, someone in the U.S. is still arrested for marijuana every two minutes. The post Every Two Minutes, Someone in America Is Arrested for Marijuana first appeared on High Times.
Cannabis vs. Opioids: New Clinical Trial Points to Safer Pain Relief Option
by Javier Hasse on September 30, 2025 at 6:47 pm
Peer-reviewed Phase 3 trial finds cannabis extract eases chronic back pain, improves sleep, and rivals opioids without dependence. The post Cannabis vs. Opioids: New Clinical Trial Points to Safer Pain Relief Option first appeared on High Times.
High Times Magazine Celebrates 50 Years With New Editor-In-Chief, Return of the Cannabis Cup & Print Issue
by Javier Hasse on September 30, 2025 at 6:07 pm
Iconic Counterculture Magazine Ushers in Next Chapter With Collectible Edition, Return of the Cannabis Cup and Appointment of Javier Hasse as EIC The post High Times Magazine Celebrates 50 Years With New Editor-In-Chief, Return of the Cannabis Cup & Print Issue first appeared on High Times.
‘The Walking Dead’ & ‘Younger’ Actor Nico Tortorella Debuts Kratom ‘Brewski’
by Javier Hasse on September 30, 2025 at 6:04 pm
Actor Nico Tortorella launches DER, a kratom-infused non-alcoholic beer debuting on National Kratom Day in 44 U.S. states. The post ‘The Walking Dead’ & ‘Younger’ Actor Nico Tortorella Debuts Kratom ‘Brewski’ first appeared on High Times.
Ascend Wellness Closes $9.3 Million Mortgage Financing on 3 Ohio Properties
on September 30, 2025 at 4:54 pm
The cannabis company closed the transaction for loans on real estate in Cincinnati, Sandusky and Piqua.
LEEF Brands Launches New York Lab, 2025 Production Fully Committed
on September 30, 2025 at 4:45 pm
The company has completed the installation of its equipment and has commenced solventless concentrate production.
Green Thumb Opening 19th Pennsylvania Dispensary
on September 30, 2025 at 4:31 pm
The cannabis company opened its latest RISE dispensary in Lebanon, marking its 108th retail facility nationwide.
Simplifya Raises $2 Million in Equity Capital, Eliminates Debt, Expands Strategic Initiatives
on September 30, 2025 at 4:12 pm
With 10 years of service supporting America’s cannabis and hemp industries, Simplifya is marking a new growth chapter for its compliance software solutions.
Wisconsin GOP Lawmakers Move to Legalize Medical Cannabis in 2025
on September 30, 2025 at 3:11 pm
A trio of top Republicans introduced bicameral legislation to provide patients access to regulated cannabis from licensed dispensaries.
Detroit Cannabis Grower Surrenders License in Resolution With CRA
on September 30, 2025 at 7:30 am
The Michigan Cannabis Regulatory Agency announced that Cherry Industries agreed to permanently surrender its license.
The Cannabist Co. Partners With Queen Mary to Launch Wellness-Focused Cannabis Products in Colorado
on September 30, 2025 at 6:27 am
The cannabis company partnered with the award-winning California brand to bring rosin-infused gummies to the Rocky Mountain State.
Flowhub Launches Marketing Suite to Help Cannabis Dispensaries Drive Loyalty, Revenue
on September 30, 2025 at 6:16 am
The leading cannabis retail platform adds POS-native marketing tools, including loyalty passes, email and push campaigns.
NY Court Grants Preliminary Injunction, Blocking OCM Directives Threatening 150 Cannabis Businesses
on September 29, 2025 at 5:24 pm
The court order halts the New York Office of Cannabis Management from enforcing directives that could have shuttered licensed businesses.
Goldflower Cannabis Partners With Doghouse Farms in Florida
on September 29, 2025 at 5:10 pm
The Miami-based cannabis company is bringing Doghouse Farms’ high-potency genetics to the Sunshine State.
Curaleaf Launches Anthem Bold Infused Pre-Rolls in 4 States
on September 29, 2025 at 4:46 pm
The infused line extension pairs bold flavor with American tradition, now available at Curaleaf stores in Arizona, Illinois, New Jersey and New York.

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Shutdown showdown & Proposed Michigan cannabis tax hike
by FOX 2 Detroit on October 3, 2025
The partial government shutdown continues with no deal in sight. The Pulse takes a closer look at what's impacted by the impasse. Plus, discussing how a proposed 24% tax hike for wholesale cannabis in Michigan could impact the industry.
State Sen. John Cavanaugh files formal complaint over implementation of medical cannabis
by Maddie Augustine on October 3, 2025
An Omaha state senator filed a complaint, after the Nebraska Medical Cannabis Commission misses a critical deadline. The group was supposed to start rolling out cannabis registrations on Oct. 1.
Duke researchers find cannabis use makes surgical anesthesia less effective
by The Duke Chronicle on October 3, 2025
Marijuana users need higher doses of common sedatives like propofol to stay under during procedures. The problem presents a need for further research and clinical guidelines in the field.
Oklahoma man gets 2 years' probation in Madison County cannabis case
by Scott Cousins on October 2, 2025
45-year-old Oklahoma man had 11 pounds of cannabis in Madison County
Lawmaker challenges medical cannabis regs he says ‘override’ Nebraska voter intent
by Zach Wendling, Nebraska Examiner on October 2, 2025
A state lawmaker is formally challenging regulations from the Nebraska Medical Cannabis Commission that he says “override the clearly expressed will of Nebraska voters.”
Court limits police vehicle searches based on cannabis odor
by Gershon Harrell on October 2, 2025
Florida police can’t search a vehicle solely because it smells like marijuana, a state court ruled Wednesday.
Kentucky's second medical cannabis cultivator approved to open in Madison Co.
by Lisa Autry on October 2, 2025
A second cultivator has been approved for Kentucky’s blooming medical cannabis industry. Gov. Andy Beshear announced on Thursday that Natural State Green Grass CannaCo passed its final inspection and can begin operations at its facility in Madison County.
Senator says medical cannabis restrictions could backfire on opponents
by @NebPublicMedia on October 2, 2025
Sen. John Cavanaugh said Thursday restrictions on medical cannabis could lead voters to approve recreational marijuana.

Verano Secures $75 Million Revolving Credit Facility

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

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