Cannabis Business Times

Cannabis Business Times, a publication from GIE Media located in Valley View, Ohio, is dedicated to supporting the growth of legal cannabis growers. Their goal is to offer valuable insights across various business areas such as legislation, compliance updates, and industry analysis. In addition, they provide expert guidance on topics like cultivation techniques, marketing strategies, financial matters, and legal concerns. CBT focuses exclusively on the business side of both medical and recreational cannabis and strives to deliver up-to-date information through multiple channels, including its website, e-newsletter, mobile application, print magazine, and an annual cultivation conference. This ensures that readers can make informed decisions to enhance the efficiency and profitability of their operations.

National, Trade/B2B

English

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Vireo Growth Closes $102 Million Acquisition of Proper Brands in Missouri

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – MINNEAPOLIS, June 5, 2025 – Vireo Growth Inc., announced that it has closed its previously announced transaction to acquire Missouri-based Proper Brands (Proper) through the acquisition of NGH Investments Inc. and Proper Holdings Management Inc., subsidiaries of Proper Holdings LLC, a management company providing services to Proper’s portfolio of 11 retail dispensaries in Missouri.
AYR Wellness Issued Cease Trade Order by Ontario Securities Commission

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – MIAMI, June 6, 2025 – AYR Wellness Inc., a leading vertically integrated U.S. multistate cannabis operator, provided an update regarding the status of its securities in connection with its previously announced delay in filing its interim financial statements for the quarter ended March 31, 2025.‎ As disclosed on May 30, 2025, the company was unable to meet the deadline to file its interim financial report, management’s discussion and analysis, and related CEO and chief...
Budr Cannabis Acquires 3 The Botanist Dispensaries in Connecticut

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – HARTFORD, Conn., June 4, 2025 – Budr Cannabis, a leader in the cannabis retail space with five locations—four in Connecticut (West Hartford, Tolland, Danbury, Stratford) and one in Yonkers, N.Y.—is pleased to announce the acquisition of three well-established cannabis dispensaries in Connecticut: The Botanist of Danbury, The Botanist of Montville, and The Botanist of Vernon. These locations will now operate under the Budr name and are officially open for business.
US Lawmakers Aim to Close Hemp, THCA ‘Loophole’ in New Budget Proposal

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

U.S. House lawmakers are taking up a must-pass appropriations bill that proposes rewriting the rules on hemp so that the legality of intoxicating products such as delta-8 THC edibles is no longer debatable. This legislation is passed every year to fund farm programs.
TheraTrue Appoints Cannabis Industry Veteran Chris Ras as CEO

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

Chris Ras, CEO, TheraTrueTheraTrue[PRESS RELEASE] – CLEVELAND, June 5, 2025 – TheraTrue, a leading cannabis company with operations in Georgia and Ohio, announced it has appointed experienced retail professional Chris Ras as the company’s CEO. With more than 20 years of experience managing large-scale retail and cannabis operations, Ras will be responsible for leading TheraTrue as it advances its growth and expansion plans in Ohio, Georgia and elsewhere.
NC Governor Suggests Regulating THC Like Alcohol, Orders Cannabis Task Force

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

North Carolina is one of eight states that has yet to legalize a medical cannabis program, but Gov. Josh Stein is hoping to tame the “Wild West” of the Tar Heel State’s rampant THC market through new regulations.
Belushi’s Farm Partners With Bloom, Brings Signature Strains to Ohio

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – COLUMBUS, Ohio, June 3, 2025 – Belushi's Farm, the acclaimed cannabis brand founded by advocate Jim Belushi, has officially partnered with Wondergrove (Bloom's house brand) to bring its signature strains to Ohio for the first time. United by a shared commitment to quality, education and sustainability, Belushi's Farm and Wondergrove are cultivating premium flower in an environment specifically designed to grow clean, consistent and craft-quality cannabis.
The Goods THC Launches Connecticut Cannabis Cultivation Facility

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – HARTFORD, Conn., June 3, 2025 – The Goods THC, a minority woman-owned and family-led cannabis cultivation company, has officially completed the development of its 32,000-square-foot, micro-cultivation facility at 275–287 Homestead Ave. in Hartford’s Upper Albany neighborhood. The company anticipates its first product launch in late July or early August 2025.
Ohio House Lawmakers Consider Bill to Eviscerate Voter-Approved Cannabis Law

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

The Ohio House Judiciary Committee is moving forward on considering Senate-passed legislation that aims to rewrite the state’s adult-use cannabis law that voters approved via Issue 2 in the November 2023 election. Despite a 57% majority choosing to legalize cannabis for those 21 years and older through a licensed, taxed and regulated marketplace in the Buckeye State, Republican lawmakers in Columbus continue to work toward crafting a statute that collides with the will of their electorate.
FLUENT Expands Indoor Cultivation Footprint in Florida

3 weeks ago | cannabisbusinesstimes.com | Tony Lange

[PRESS RELEASE] – TAMPA, Fla., June 3, 2025 – FLUENT Corp., a leading vertically integrated cannabis operator operating under the FLUENT brand, has successfully completed the first planting at its new Rosa indoor cultivation facility in Tampa. This milestone represents a significant operational advancement in support of the company’s 2025 growth strategy and brand-tiering model.