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Trulieve Announces Conditional Approval for Texas License
Prnewswire· 2025-12-03 13:00
TALLAHASSEE, Fla.,Dec. 3, 2025/PRNewswire/ --[Trulieve Cannabis Corp.](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4571316-1&h=1664550849&u=https://www.trulieve.com/&a=Trulieve+Cannabis+Corp.)(CSE:[TRUL](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4571316-1&h=519607259&u=https://thecse.com/en/listings/life-sciences/trulieve-cannabis-corp-subordinate-voting-shares&a=TRUL)) (OTCQX:[](#financial-modal)[TCNNF](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4571316-1&h=3224332342&u=https://www.otcmarkets.c ...
Rubicon Organics Announces Closing of its Previously Announced Credit Agreements with Community Savings Credit Union
Globenewswire· 2025-12-03 02:00
Core Insights - Rubicon Organics Inc. has successfully closed Credit Agreements with Community Savings Credit Union, securing $3,000,000 from a Capital Loan and a $1,000,000 Line of Credit [1][2] - The funds will be utilized for margin accretive projects at the Pacifica and Cascadia Facilities, which are crucial for the company's growth strategy [2] Company Overview - Rubicon Organics is recognized as Canada's leading producer of certified organic and premium cannabis, operating a vertically integrated model with a strong national distribution network [3] - The company has a diverse portfolio of trusted brands, including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™ [3] Production Capacity and Growth - The production base is anchored by the Pacifica facility in Delta, BC, and is enhanced by the newly acquired Cascadia facility in Hope, BC, which will increase production capacity by over 40% [4] - The company is positioned for future growth in both domestic and international markets, supported by proprietary genetics and certifications for international distribution [4] Market Position and Strategy - As the Canadian cannabis market evolves and global demand for high-quality cannabis rises, Rubicon Organics distinguishes itself through disciplined execution, brand equity, and consumer loyalty [5] - The company's focus on premium quality, innovation, and operational execution has led to consistent revenue growth and positive Adjusted EBITDA, highlighting its operational strength and long-term growth potential [5]
Verano Awarded Conditional License to Commence Vertical Cannabis Operations in Texas
Globenewswire· 2025-12-02 21:10
Subject to final state approval, the Dispensing Organization License grants Verano permission to cultivate, process and dispense medical cannabis across the state to support expansion of the Texas Compassionate Use Program CHICAGO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (along with its subsidiaries, “Verano” or the “Company”), a leading multi-state cannabis company, today announced the Texas Department of Public Safety has awarded Verano a conditional Dispensi ...
Tilray Brands' Reverse Stock Split: A Strategic Move Amidst Market Fluctuations
Financial Modeling Prep· 2025-12-02 21:00
Core Insights - Tilray Brands, listed on NASDAQ as TLRY, is a significant player in the cannabis industry, focusing on the production and distribution of medical and recreational cannabis products [1][4] - The company executed a reverse stock split at a ratio of 10 for 1 on December 2, 2025, to consolidate shares and potentially stabilize its stock price [1][4] - Despite the reverse stock split, Tilray's shares have faced a substantial decline, with a nearly 40% loss in 2025 and a recent drop of over 20% in a trading session [2][4] Stock Performance - Following the reverse stock split, the total number of outstanding shares was reduced from approximately 1.16 billion to 116 million [2][4] - Currently, Tilray's stock is priced at $8.64, reflecting a 10.49% increase with a change of $0.82, and a trading volume of 5.37 million shares indicates active investor interest [3] - The stock has experienced significant fluctuations, with a low of $7.17 and a high of $8.95 in a single day, suggesting potential for further selling pressure [3]
Tilray: Still Not Worth Buying (NASDAQ:TLRY)
Seeking Alpha· 2025-12-02 18:49
Core Viewpoint - Tilray Brands, Inc. has experienced significant declines in its stock value due to the lack of favorable regulatory changes from the U.S. government regarding cannabis legalization [1] Company Summary - Tilray Brands, Inc. is a Canadian cannabis firm that has been one of the biggest losers in the market in recent years [1] Market Context - The U.S. government's stance on cannabis has negatively impacted the stock performance of companies like Tilray, highlighting the importance of regulatory environments in the cannabis industry [1]
MSOS Has HEMP THC Prohibition Issues (NYSEARCA:MSOS)
Seeking Alpha· 2025-12-02 14:05
Core Insights - The article discusses the launch of 420 Investor in 2013, coinciding with Colorado's legalization of cannabis for adult use, and its subsequent move to Seeking Alpha in 2023 [1] - The service has historically provided extensive coverage of the cannabis sector, including model portfolios, videos, and written materials aimed at educating investors about cannabis stocks [1] - The article expresses a negative outlook on the AdvisorShares Pure US Cannabis ETF (MSOS), highlighting its volatility and the challenges of making accurate predictions in such a fluctuating market [1] Company and Industry Overview - Alan Brochstein, a pioneer in cannabis investment analysis, founded AB Analytical Services in 2007 and has been a significant figure in the cannabis investment community since then [1] - Brochstein has managed the investing group 420 Investor, which focuses on 20 publicly-traded cannabis stocks, providing timely investment news, earnings previews, and post-report analyses [1] - The investing group features a model portfolio, 10 weekly videos with chart analysis, three weekly summary pieces, a monthly newsletter, and a chat function for investor inquiries [1]
MSOS Has HEMP THC Prohibition Issues
Seeking Alpha· 2025-12-02 14:05
420 Investor launched in 2013, just ahead of Colorado legalizing for adult-use. We have moved the service to Seeking Alpha. Historically, we have provided great coverage of the sector with model portfolios, videos and written material to help investors learn about cannabis stocks, and we are excited to be doing it here!I have been and remain negative on AdvisorShares Pure US Cannabis ETF ( MSOS ). Having a view on the ETF subjects a person to being right or wrong by far and quickly, as the ETF is very volat ...
Curaleaf Enters into an Equity Purchase Agreement for the Virginia Assets of The Cannabist Company
Prnewswire· 2025-12-02 13:00
Core Insights - Curaleaf Holdings, Inc. has announced a binding commitment to acquire The Cannabist Company's Virginia assets, which include a cultivation facility and five retail dispensaries, with plans to open one additional dispensary [1] - The transaction is expected to close in the first quarter of 2026, pending the fulfillment of closing conditions [1] - A 15 business day go-shop period is in place, ending on December 22, 2025, during which competing bids can be accepted [1] - If a competing bid is accepted or if The Cannabist fails to secure noteholder consent, Curaleaf will receive a break-up fee of $3.3 million and associated expenses up to $350,000 [1] Company Overview - Curaleaf is a leading international provider of consumer cannabis products, focusing on enhancing lives through the power of the plant [2] - The company operates under various brands, including Curaleaf, Select, Grassroots, Find, Anthem, and The Hemp Company, and is known for quality and reliability in the cannabis market [2] - Curaleaf has a strong presence across the supply chain and operates a unique distribution network in Europe, Canada, and Australasia [2]
Village Farms International Reaffirms its Commitment to the Texas Cannabis Industry
Globenewswire· 2025-12-02 12:00
Core Viewpoint - The outcome of the Phase I conditional medical license awards has no impact on the company's financial performance, outlook, or strategy, reaffirming its commitment to the Texas cannabis industry [1][2]. Company Overview - Village Farms International, Inc. is a large-scale, vertically-integrated supplier of high-value, plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [3]. - The company has a strong foundation as a leading fresh produce supplier in the US and Canada and is now focusing on high-growth cannabinoid opportunities while maintaining its produce assets [3]. Texas Operations - Village Farms owns 2.2 million square feet (50 acres) of greenhouse assets in West Texas and plans to have the same amount in production at its Delta, BC greenhouses by the end of 2026 [2]. - The company also owns 950 acres of unoccupied farmland in Marfa, Texas, selected for its favorable growing climate for controlled environment agriculture [2]. Canadian Operations - In Canada, the company's subsidiary, Pure Sunfarms, is one of the largest cannabis operations globally, with 2.2 million square feet of greenhouse production and is recognized as a low-cost producer [4]. - Village Farms owns an additional 2.6 million square feet of greenhouse capacity in Canada for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [4]. International Expansion - The company is targeting selected legal cannabis opportunities internationally, exporting medical cannabis from its EU GMP certified facility in Canada to markets such as Germany, the UK, Israel, Australia, and New Zealand [5]. - Village Farms is expanding its export business and making investments in international production assets, including a license to grow and distribute recreational cannabis in the Netherlands [5]. U.S. Market Strategy - In the U.S., the wholly-owned Balanced Health Botanicals is a leading CBD and hemp-derived brand, and the company plans to enter the U.S. THC market using its Texas-based greenhouse assets [6]. Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas at its Delta RNG facility, receiving royalties on all generated revenue [7].
Red White & Bloom Brands Files 2025-Q3 Interim Financial Statements
Globenewswire· 2025-12-02 00:30
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that it has completed and filed its interim financial statements for the period ended September 30, 2025, together with the related management's discussion and analysis and CEO and CFO certificates. Copies of these documents are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company also announces that it has entered into a debt settlement agreement (the “Settlemen ...