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Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round

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January 3, 2025

Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30. Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30. Read More

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NYC legal weed shop landed $7M in sales in 2024 -- nearly two decades...
by Anna Young on January 5, 2025
Marte, who was busted on a drug conviction in 2009 that landed him a seven-year prison sentence, now projects his booming business will bring in $12 million this year, boasting an $800,000 monthly...
Cannabis dispensary officially open in Oswego
by MIKE PERKINS mperkins@palltimes.com on January 4, 2025
OSWEGO — The small parking lot in front of the newly opened FlynnStoned cannibis dispensary in Oswego was full of cars for the grand opening at 10 a.m. on Friday.
Proposed Oklahoma laws would limit cannabis purchases, ban 'tube men' advertising
by Dale Denwalt on January 3, 2025
Among the early bills filed before the next legislative session are limits on cannabis purchases and dispensary advertising.
Kentucky legalizes medical cannabis, dispensaries yet to open
by DYLAN PAYNE | The Sun DPAYNE@PADUCAHSUN.COM on January 3, 2025
On Wednesday, medical cannabis became legal in Kentucky, with licensed practitioners being able to issue marijuana cards as of December 2024. But, there are currently no dispensaries in the Commonwealth.
Kansas City cannabis businesses hope the new year brings marijuana rescheduling and tax relief
by Suzanne King on January 2, 2025
In January, the U.S. Drug Enforcement Agency will start hearings about whether to reclassify marijuana. The industry wants the change, but some health experts warn against it.
New Jersey Appeals Court Clears Path for Hoboken Marijuana Dispensary
by Rochdi Rais on January 2, 2025
A New Jersey appeals panel ruled in favor of Blue Violets LLC, allowing a Hoboken marijuana dispensary to operate despite a new ordinance prohibiting dispensaries near schools.
Qualify for medical marijuana in Kentucky? What to know before you visit a dispensary
by Marina Johnson on January 2, 2025
Starting Jan. 1, Kentuckians will be able to legally purchase medical marijuana. But what products are out there? And how can you pay for them?
Sacramento dispensary ready to diversify with legalization of cannabis cafes in California
by Tori Apodaca on January 2, 2025
Exclusive | Growing like a weed: Legal cannabis shops in NY will soar to sky-high...
by Carl Campanile on January 1, 2025
Medical marijuana is legal in Kentucky on Jan. 1. Here's the ultimate guide to the program
by Marina Johnson,Olivia Evans on January 1, 2025
Medical marijuana is legal in Kentucky starting Jan. 1, 2025, and there's plenty to know before seeking out a license or visiting a dispensary
Once budding, Oklahoma’s weed industry faces tougher enforcement
by Adam Kemp Adam Kemp on December 30, 2024
Ten new laws will begin to take effect in 2025. Here's what they mean for Oklahoma growers and dispensaries.
State’s Cannabis Control Commission looking to intervene in marijuana dispensaries' lawsuits against Great Barrington
by Shaw Israel Izikson on December 30, 2024
According to a court document filed on November 11, general counsel representing the Cannabis Control Commission contacted both the dispensaries and the town on November 5 to state that the commission plans to intervene in the case.
Medical marijuana is legal in Kentucky starting in 2025. Is it available to buy?
by Killian Baarlaer on December 30, 2024
The medical cannabis program launches at the start of the new year. Here's what to know about the program and regulations.
An overview of Minnesota’s cannabis industry in 2024 and what to expect in 2025
by Cathy Wurzer,Dana Ferguson,Hannah Yang,Melissa Olson,Gracie Stockton on December 30, 2024
Ahead of the new year and the start of another legislative session, MPR News reporters Dana Ferguson, Hannah Yang and Melissa Olson joined Morning Edition host Cathy Wurzer with updates on the budding enterprise.
Medical dispensaries are closing after SD’s rejection of recreational marijuana
by John Hult on December 27, 2024
Medical cannabis dispensaries in South Dakota are closing their doors after the defeat of recreational marijuana at the ballot box this fall.
Man charged on suspicion of operating illegal cannabis dispensary in Bakersfield
by SANGMIN KIM skim@bakersfield.com on December 26, 2024
A search warrant recently made public in Kern County Superior Court disclosed details related to a man charged on suspicion of running an illegal cannabis dispensary in the Bakersfield area.
DC dispensary shut down; cops seize 60 pounds of weed, edibles
by FOX 5 DC on December 24, 2024
The Alcoholic Beverage and Cannabis Administration, with support from the Metropolitan Police Department, shut down an illegal cannabis business in Northwest D.C. on Monday, citing public health and safety concerns.
Pre-rolled cannabis could be coming to Ohio dispensaries
by Sydney Dawes on December 24, 2024
Cannabis pre-rolls could be permitted in Ohio under a proposed set of changes to the state’s adult-use marijuana program.
What we know about Alexandria’s medical marijuana dispensary
by Haley Parnell on December 23, 2024
Alexandria prepares for its approved dispensary, with regulations in place for medical cannabis businesses. Zoning regulations and distance requirements set.
Ohio Cannabis Prices Could Come Down in 2025
by Doug Guth on December 23, 2024
Ohioans are paying $210 for an ounce of marijuana on average, while prices hover around $80 in Michigan. The inflated price point stems from the state's slow rollout, among other reasons

Attorney General, DEA Director, Judge Under Federal Court Summons Over DEA Marijuana Policy
on January 6, 2025 at 2:45 pm
Despite the DEA’s policy, MMJ International is moving forward with the FDA on cannabis drug development for Huntington’s disease.
New York’s Medical Cannabis Sales Figures Go Unsung in 2024
on January 6, 2025 at 1:25 pm
The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.
Vireo fields higher demand for new shares, raises $81 million
by John Schroyer on January 3, 2025 at 10:08 pm
The Minnesota-based company expected to raise $75 million through the issuance of shares. The post Vireo fields higher demand for new shares, raises $81 million appeared first on Green Market Report.
Energroup Holdings to acquire California operator Cocannco
by Adam Jackson on January 3, 2025 at 8:33 pm
The Sacramento cannabis company's latest deal would transform the shell into an active player while expanding itscultivation footprint. The post Energroup Holdings to acquire California operator Cocannco appeared first on Green Market Report.
The Hemp Co. by Curaleaf Celebrates Dry January With Debut of 2.5 mg Select Zero Proof Hemp Seltzer, New Flavors
on January 3, 2025 at 4:42 pm
Select Zero Proof Seltzer, infused with naturally derived hemp THC extract, is now shipping across the country in a new 2.5-milligram option with new flavors.
Entourage Health to go private in deal with union pension fund
by Adam Jackson on January 3, 2025 at 3:31 pm
The deal offers an exit for the struggling producer as it faces a C$167.6M debt load and an expiring forbearance agreement. The post Entourage Health to go private in deal with union pension fund appeared first on Green Market Report.
Willow Biosciences scraps private placement to explore royalty sales
by Adam Jackson on January 3, 2025 at 1:51 pm
The company’s seeking 'less dilutive' financing as cash reserves drop in recent quarters; in talks with multiple parties over development program rights. The post Willow Biosciences scraps private placement to explore royalty sales appeared first on Green Market Report.
The great culling of Michigan cannabis companies could start in earnest in 2025
by Dustin Walsh on January 3, 2025 at 1:23 pm
Oversupply and low, low prices are coming to a head in the industry, leaving a trail of shuttered cultivator and processors. The post The great culling of Michigan cannabis companies could start in earnest in 2025 appeared first on Green Market Report.
More US markets embrace cannabis cafes, lounges
by Adam Jackson on January 3, 2025 at 5:07 am
California and Massachusetts are the latest states to work on consumption lounge frameworks. The post More US markets embrace cannabis cafes, lounges appeared first on Green Market Report.
Massachusetts hires new cannabis regulatory czar
by John Schroyer on January 2, 2025 at 10:54 pm
The state's Cannabis Control Commission has been without a permanent head since 2023. The post Massachusetts hires new cannabis regulatory czar appeared first on Green Market Report.
New York passes $1 billion in legal cannabis sales, poised for more expansion in 2025
by John Schroyer on January 2, 2025 at 10:07 pm
New York regulators have thus far approved more than 5,250 total adult-use cannabis business permits. The post New York passes $1 billion in legal cannabis sales, poised for more expansion in 2025 appeared first on Green Market Report.
Bill to enable state-run cannabis test lab in Michigan falls short
by Dustin Walsh on January 2, 2025 at 9:21 pm
The lab has already been allocated $4.4 million in state funding. The post Bill to enable state-run cannabis test lab in Michigan falls short appeared first on Green Market Report.
California Cannabis Operators Face New Obstacles in 2025 as Governor Touts Seizures
on January 2, 2025 at 6:36 pm
Gavin Newsom called an operation in East Oakland ‘proof’ of the state’s dedication to regulated businesses, but licensing hurdles and tax hikes persist.
Terrapin Opening 1st Pennsylvania Dispensary in Bellefonte
on January 2, 2025 at 3:23 pm
The independent medical cannabis grower/processor will host a grand opening on Jan. 9 for its retail facility.
Regulators eye new changes for Vermont’s shrinking medical cannabis program
by Adam Jackson on January 2, 2025 at 2:24 pm
The recommendations come as Vermont's medical cannabis patient registry's fallen nearly 10% from a year earlier. The post Regulators eye new changes for Vermont’s shrinking medical cannabis program appeared first on Green Market Report.
iAnthus Acquires Lifestyle Vape Brand ‘Cheetah’ for $1.5 Million
on January 2, 2025 at 7:16 am
The transaction advances iAnthus' commitment to brand innovation while providing multistate expansion for Cheetah's product portfolio.
Top 10 Articles of 2024: Farm Bill, Ohio Legalization, Rescheduling Lead CBT’s Coverage
on December 31, 2024 at 9:40 am
Here’s a roundup of Cannabis Business Times’ most-viewed stories that readers did not want to miss out on from the past year.
3 Questions to Ask When Diagnosing Cannabis Plant Health Issues
on December 30, 2024 at 9:46 am
Knowing the pattern, distribution, and timeline of a problem can guide you to the proper solution.
The Top 10 Best-Selling Flower Strains in California in 2024
on December 30, 2024 at 9:25 am
There’s a repeat champion with 37% of consumers saying California’s most popular cannabis cultivar helps with stress.
Cannabis’s Cybersecurity Threat
on December 27, 2024 at 6:48 pm
As ransomware attacks have spiked, and following Stiiizy’s recent data breach, cannabis businesses’ vulnerability has become more conspicuous. Here’s what cannabis professionals can do to protect their data.
Bat Poop Fatalities, Farm Bill Extension Lead CBT’s Top Stories in December
on December 26, 2024 at 11:01 am
Illinois legislation to regulate hemp products, the DEA’s subpoena blunder and Minnesota’s unknown launch were among the most-read articles this month.
MariMed Commences Wholesale Operations in Missouri
on December 23, 2024 at 5:05 pm
This latest expansion increases MariMed’s revenue-generating operations to six states.
How Much Does an Ounce of Cannabis Flower Cost Entering 2025?
on December 23, 2024 at 10:22 am
Depending on location and market maturity, some state dispensaries charge more than quadruple the price of others on average.
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
on December 19, 2024 at 6:56 pm
The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.
Minnesota’s Top Cannabis Magnate Won’t Entertain Adult-Use Sales Launch Date
on December 19, 2024 at 5:47 pm
Office of Cannabis Management head Charlene Briner said the state’s regulators are ‘not going to anticipate’ a specific date for dispensary sales to commence.

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New York's Cannabis Industry Hits $1 Billion in Sales - X101 Always Classic
by Jack Eves on January 6, 2025
New York’s Office of Cannabis Management (OCM) says the cannabis industry within the state has now topped $1 billion dollars in sales from total revenues. The OCM says there are[Read More...]
New York’s Medical Cannabis Sales Figures Go Unsung in 2024
by Tony Lange on January 6, 2025
The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.
Prenatal cannabis exposure linked to early childhood behavioral and cognitive challenges
by Eric W. Dolan on January 6, 2025
Children exposed to cannabis before birth showed weaker attention, self-control, and planning skills in lab tests, along with more aggressive behavior.
Canadian cannabis operator Entourage inks deal to go private
by Chris Casacchia on January 6, 2025
Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender, a major pension fund in the country.
Cannabis school is now in session at University of Arizona, Gateway Community College
by Kathy Ritchie on January 6, 2025
For a lot of Gen Xers and Baby Boomers, it’s hard to believe that there are now cannabis education programs being offered at colleges and universities across the U.S., including at the University of Arizona and Gateway Community College.
Canopy USA Names Cannabis Industry Veteran Brooks Jorgensen as First President
by StockTitan on January 6, 2025
Former Kiva Sales President joins Canopy USA to lead newly integrated cannabis operations following strategic acquisitions of Acreage, Wana, and Jetty brands.
Tilray Medical Wins Luxembourg Government Cannabis Supply Contract in European Expansion
by StockTitan on January 6, 2025
Tilray strengthens European presence as Luxembourg's Ministry of Health selects its German subsidiary to provide medical cannabis, marking continued international growth.
Tilray Medical Wins Tender to Supply Luxembourg with Medical Cannabis
by Tilray Brands, Inc. on January 6, 2025
NEUMÜNSTER, Germany, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), proudly announces that its German subsidiary, Tilray Deutschland GmbH, has secured a tender to supply Luxembourg with its high-quality cannabis flower. The granting of this tender by the Ministry of Health and Social Security for the Grand Duchy of Luxembourg highlights the trust placed in Tilray Medical to deliver high-quality medical cannabis on a consistent basis

Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round

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