SCOTTSDALE, Ariz., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT" or the “Company”) (Cboe CA:TILT) (OTCID: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today the closing of the sale of two of its Massachusetts dispensaries to In Good Health. The definitive agreement for this transaction was previously announced on February 3, 2025. Simultaneously, with the closing, ...

Las Vegas, Nevada and Vancouver, British Columbia--(Newsfile Corp. - August 11, 2025) -  Body and Mind Inc. (CSE: BAMM) (OTC: BMMJ) (the "Company" or "BaM") is pleased to announce the Company's wholly owned subsidiary, DEP Nevada, Inc. ("DEP") has entered into an Asset Purchase Agreement with OTC Miramar, LLC (the "Purchaser"), whereby DEP, which owns 60% of NMG San Diego LLC ("NMG SD") agrees to sell all of assets (the "Interests") in NMG SD, which owns and operates the Body and Mind San Diego dispensary, ...

Core Insights - Planet 13 Holdings Inc. is launching the "Planet the 13th Night Market" to celebrate local creativity and support community causes, specifically benefiting The Animal Foundation of Las Vegas [1][3] - The first event is scheduled for August 13, 2025, at the Planet 13 Entertainment Complex, which is the world's largest dispensary [2][4] - The Night Market aims to connect local artists with the community, featuring unique art, handmade goods, live music, food trucks, and interactive experiences [2][6] Company Overview - Planet 13 is a vertically integrated cannabis company with operations in California, Nevada, Illinois, and Florida, known for its award-winning cultivation and dispensary operations [4] - The company operates the largest dispensary in the U.S., located in Las Vegas, and has recently expanded its footprint with a consumption lounge and a new dispensary in Illinois [4] - Planet 13's mission is to establish a globally recognized brand known for innovative cannabis products and exceptional dispensary experiences [4] Partnership and Community Engagement - The collaboration with Slonina ARTSpace aims to promote local artists and engage the community through interactive experiences and charity events [3][5] - Each Night Market will feature a rotating charity, with the inaugural event benefiting The Animal Foundation [3][6] - Local artists and makers are encouraged to participate, with waived booth fees in exchange for providing interactive elements for attendees [3][6]

Core Viewpoint - The Story dispensary in Hoboken is resuming construction after a prolonged period of controversy and litigation, with concerns from local residents regarding its impact on the neighborhood [3][5][6]. Group 1: Background and Controversy - The Story dispensary has faced significant opposition over the past four years, including a court settlement and a petition from neighbors concerned about increased traffic [3][4]. - The dispensary's location has raised questions about potential conflicts of interest due to its ties to local politicians, particularly Mayor Steven Fulop [5][8]. - Residents initially believed the location would be used for physical therapy, leading to a lawsuit that was settled last year [6]. Group 2: Regulatory and Operational Status - Despite ongoing construction, the Story dispensary does not currently have the necessary permits to operate, putting the project at risk [9]. - The state has recently approved licenses for cannabis consumption lounges, but only a few locations have been authorized for this use so far [10]. Group 3: Community Perspectives - Some community members argue that the dispensary will not negatively impact the area more than existing bar-restaurants [7]. - A petition has been initiated by residents who believe the dispensary is poorly located [7].

Core Insights - iAnthus Capital Holdings, Inc. has opened its 22nd GrowHealthy dispensary in Palm Harbor, Florida, enhancing patient access to premium medical cannabis products [1][2] - The new dispensary aims to provide a modern retail experience focused on patient needs, featuring a variety of products including flower, vapes, and concentrates [2][3] - The grand opening aligns with iAnthus' strategy to expand its footprint in Florida's cannabis market while emphasizing high-quality genetics and whole-plant wellness [3][5] Company Overview - iAnthus is a vertically integrated cannabis company focused on building premium brands through cultivation, production, and retail operations across the United States [5] - The company leverages acquisition-driven growth and access to capital to create a long-term competitive advantage [5] - iAnthus' brand portfolio includes MPX, Anthologie, Black Label, Cheetah, Frūtful, Last Resort, Moodz, and Sunshine State [5]

Core Insights - Blum Holdings, Inc. has signed a binding agreement to acquire a majority of the membership interests in a licensed adult-use and medical cannabis dispensary in Northern California, marking a strategic move to expand its retail platform across the state [1][2]. Acquisition Details - The acquisition is structured as an all-stock deal, valuing the business at up to $5.0 million, which includes performance-based earn-outs linked to revenue and EBITDA benchmarks [3]. - Integration of the new dispensary is set to begin on July 1, 2025, under a Management Services Agreement, where Blum will take over key centralized functions such as compliance, accounting, marketing, and finance [3]. Leadership and Strategy - The CEO of Blum Holdings expressed gratitude for the trust placed in the company by the dispensary's operators, emphasizing the alignment of values and performance standards [4]. - The dispensary has a strong local presence and consistent financial performance, supported by an experienced leadership team focused on customer service [4]. Growth and Positioning - Blum Holdings is executing a turnaround strategy aimed at long-term growth through disciplined acquisitions and operational excellence [5]. - The company is actively seeking partnerships with operators who possess local expertise and a proven track record [5]. Future Outlook - The transaction is expected to close in Q3 2025, pending the completion of definitive agreements and customary closing conditions [6].

Group 1 - TerrAscend Corp. has completed the acquisition of Ratio Cannabis LLC, marking its entry into Ohio and expanding its retail presence to 39 dispensaries across six U.S. states and Canada [1][2] - The acquisition is expected to be immediately accretive on an EBITDA and cash flow basis, with Ratio Cannabis generating $9 million in annualized revenue and having no competition within a 20-mile radius [1][2] - The company plans to pursue additional dispensary acquisitions in Ohio, aiming to reach the state limit of eight dispensaries [2] Group 2 - TerrAscend is a leading cannabis company listed on the TSX, with operations in Pennsylvania, New Jersey, Maryland, Michigan, and California, as well as retail operations in Canada [2] - The company operates various brands and dispensaries, including The Apothecarium and Gage, and has a focus on high-quality cannabis cultivation and manufacturing [2]

Company Overview - TerrAscend Corp. is a leading North American cannabis company with operations in Pennsylvania, New Jersey, Maryland, Michigan, and California, as well as retail operations in Canada [3] - The company operates various dispensary retail locations and has scaled cultivation, processing, and manufacturing facilities in its core markets [3] - TerrAscend owns or licenses several brands including Gage Cannabis, The Apothecarium, Cookies, and Wana [3] Recent Acquisition - TerrAscend has signed an agreement to operate its fourth dispensary in New Jersey through the acquisition of Union Chill Cannabis Company LLC, which generates over $11 million in annualized revenue [1][2] - The acquisition is expected to be immediately accretive to TerrAscend on an EBITDA and cash flow basis, further solidifying the company's leadership position in New Jersey [1][2] - Upon closing, Union Chill will increase TerrAscend's retail footprint to 39 dispensaries across five U.S. states and Canada [2] Growth Strategy - The company plans to enhance sales and margins by introducing its portfolio of premium brands at the new dispensary [2] - TerrAscend is actively evaluating additional expansion opportunities in New Jersey and expects to sign multiple transactions by the end of 2025 [2] - The company is also on track with the expansion of cultivation and manufacturing capacity at its Boonton facility to meet increased demand [2]

Core Viewpoint - Planet 13 Holdings Inc. is expanding its footprint in Florida with the grand opening of its 33rd dispensary in the state, located in Edgewater, which is expected to serve the growing medical cannabis community in East Central Florida [1][2]. Company Expansion - The new dispensary, Planet 13 Edgewater, will open on May 31, 2025, and spans 3,000 square feet, strategically located on U.S. Highway 1, a major retail corridor [1][2]. - This location is expected to benefit from high daily vehicle counts and steady foot traffic due to its placement in a fully leased, dual-tenant property alongside Taco Bell [2]. Market Positioning - The company aims to provide high-quality cannabis products and a best-in-class retail experience for the medical cannabis community across Volusia County and surrounding metropolitan areas [2]. - With a growing local population and increasing demand for retail and medical cannabis access, the Edgewater location is well-positioned for sustained growth [2]. Company Overview - Planet 13 is a vertically integrated cannabis company with operations in California, Nevada, Illinois, and Florida, and is known for its award-winning cultivation, production, and dispensary operations [4]. - The company operates a total of 37 dispensaries nationwide, with 33 located in Florida, highlighting its significant presence in this key market [4].