24% Michigan cannabis tax hike approved. Verano $75M Revolving Credit Facility. Simplifya Raises $2M. Flowhub Launches Marketing Suite. Happy Munkey temporarily closes Brooklyn dispensary.| www.highlyobjective.com
Mamedica raises £4.5M. Grown Rogue fully acquires IL subsidiary. Pelorus Capital Group Launches Growth Equity Strategy w/ $1B Target. LeafLink names ex-Lyft Exec as CEO. Canopy Growthnames new CFO.| www.highlyobjective.com
TX Governor Signs Hemp Executive Order Setting Age Limit And Labeling Requirements. Curaleaf Joins S&P/TSX Composite Index. Headset adds e-Commerce data feed. RYTHM D9 goes nationwide.| Highly Objective
Standard Wellness acquires Greenstock. GTI Brand Transactions with Agrify. Jeeter launches in NY. Trulieve appoints new CFO. Dutchie Launches E-Commerce Pro. Sweed Launches AI-Powered Customer Display| Highly Objective
The Cannabist Co. divests dispensary footprint in PA. TILT Holdings sells 2 MA dispensaries. Uncle Arnie’s $7.5M Series A. High Tide acquires 51% of Remexian for €27.2M (Germany).| Highly Objective
Delaware sees $903K in first weekend of Adult-Use sales. AYR Wellness debt holders take control. Metrc x BioTrack Partnership or Merger? Resignations: FLUENT CEO, Verano President. PAX FLOW.| Highly Objective
New DEA Administrator. High Tide $30M Convertible Debt from Cronos. Cresco Labs fully exits CA. Glass House refinances Preferred Stock. Curaleaf sues Illinois regulators over hoop house permit.| Highly Objective
Flowhub launches POS-Native eCommerce Solution. Golden Bear Awards. TerrAscend $79M Debt Financing. Curaleaf Buys Out Minority Partner in Curaleaf International. Canopy Growth terminates CFO.| Highly Objective
TerrAscend exits Michigan market. AYR Wellness misses interest payment. MA CCC orders testing lab to halt operations. CA cannabis excise tax rate increase takes effect (15%➡️19%).| Highly Objective
Aurora Cannabis calls out Investing.com articles for misinformation on M&A and partnership. Alpine IQ acquires Terpli. High Times assets purchased by Founder of RAW®. Curaleaf's new President.| Highly Objective
IL freezes permitting of new dispensaries. OH doubles amount of cannabis flower consumers can purchase. Budr takeover of Botanist's CT dispensaries. Vangst acquires Se7en. AWH closes $50M 12.75% Notes| Highly Objective
Tennessee Governor signs ‘Hemp-Killing’ Legislation. 4Front files for receivership. MN to allow off-reservation Dispensaries. Distru launches wholesale platform, DistruCommerce.| Highly Objective
Bill to sell Cannabis through PA State stores rejected. NY pauses sales of popular vapes. Vireo closes Wholesome & Arches transactions. TerrAscend closes acquisition of Ratio Cannabis.| Highly Objective
TerrAscend to acquire 4th Dispensary in NJ. Wyld Launches D9 Beverages. Mike Tyson named CEO of Carma HoldCo. Thrive Cannabis Marketplace (NV) shuts down lounge. MN license lottery to take place 6/5.| Highly Objective
IIPR reports defaults by 4Front, Gold Flora and TILT. Gold Flora Files for Voluntary Receivership. BLAZE launches BLAZE Sites. Miss Grass launches HDD9 Gummies. Curaleaf launches HDD9 Energy Drink.| Highly Objective
Edibles.com launches. Springbig acquires VICE CRM. Blinc Group files for bankruptcy. Poseidon invests $1M into Herb Haus (NJ).| Highly Objective
Ayr Wellness to exit IL. MariMed closes DE acquisition. Glass House Brands $50M Senior Secured Loan. Organigram closes third tranche of BAT Investment. Cresco Labs signs MSA for KY Cultivation.| Highly Objective
Lume Cannabis launches Lume Hemp in Florida. CEA Industries acq. Fat Panda for $12.6M. Chicago Atlantic BDC $100M Credit Facility. Greenlane Raises $25M. Story Ohio $15M Credit Facility from AFC.| Highly Objective
TILT to Divest 2 dispensaries in MA. Earnings: Aurora Cannabis +37% Revenue YoY, Canopy Growth -5% YoY. STIIIZY Expands to NY. Safe Harbor CEO retires, AYR Wellness Board Member resigns.| Highly Objective
Casa Verde led the most recent financing round with significant insider participation, bringing the total raised to $6M.| www.highlyobjective.com
Cannabis industry news, insights, and analysis. Click to read Highly Objective, by Dai Truong, a Substack publication with thousands of subscribers.| www.highlyobjective.com
Scotts Miracle-Gro transfers Cannabis Investment Arm to Strategic Partner. BeLeaf Medical acquires BesaMe Wellness (MO). AYR Wellness Interim CEO. Verano new CFO. Wana Brands President departs.| www.highlyobjective.com
