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Vireo Growth Inc. and Curio Wellness Announce Manufacturing and Distribution Partnership
Globenewswire· 2025-07-01 20:30
Core Insights - Vireo Growth Inc. has entered into a licensing agreement with Curio Wellness to bring Curio's Best Self Collection to the New York cannabis market [1][2] - The partnership allows Vireo to manufacture and distribute Curio's full range of products, including topicals, tablets, chews, and vapes, utilizing Vireo's existing infrastructure in New York [2][3] - This collaboration is designed to facilitate Curio's expansion into New York without significant new investment, while Vireo enhances its product offerings with established, high-demand items [2][4] Company Profiles - Vireo Growth Inc. is a multi-state, vertically-integrated cannabis operator founded in 2014, focusing on disciplined and strategic growth within the cannabis industry [6] - Curio Wellness is a cGMP-certified cannabis company known for its innovative health and wellness products, emphasizing quality and compliance with Good Manufacturing Practices [5][6] Market Strategy - The first Curio-branded products are expected to launch in licensed New York dispensaries in Q4 2025, indicating a strategic entry into a promising market [4] - The partnership is viewed as a strong strategic fit for both companies, aiming to deliver premium offerings to health-conscious cannabis consumers [3][4]
Verano to Celebrate Grand Opening of Zen Leaf Enfield, Company’s Seventh Connecticut Dispensary, Throughout Memorial Day Weekend
Globenewswire· 2025-05-21 10:00
Core Viewpoint - Verano Holdings Corp. is expanding its retail presence in Connecticut with the opening of Zen Leaf Enfield, increasing its total dispensary count to 157 nationwide, and actively engaging in community development projects [1][2][5]. Group 1: Company Expansion - Zen Leaf Enfield will officially open on May 23, 2025, marking the seventh retail location for Verano in Connecticut [1]. - The company now operates 157 dispensaries across the United States and has 15 cultivation and processing facilities with over 1.1 million square feet of cultivation capacity [5][9]. Group 2: Community Engagement - Verano is supporting the Thompsonville Fire Department by providing funds for a year's supply of Narcan to aid in combating the opioid crisis [3][5]. - The company is also involved in local charitable initiatives, including a food donation drive for Enfield Loaves and Fishes and Enfield Food Shelf [3][5]. Group 3: Grand Opening Activities - The Grand Opening celebration will feature various activities, including a ceremonial ribbon cutting with community leaders and local partners [6][7]. - Special promotions will be available during the opening weekend, including discounts on cannabis products and complimentary food from local vendors [6][8]. Group 4: Local Economic Development - Zen Leaf Enfield is strategically located near the Enfield Square Mall, which is undergoing a $250 million redevelopment into the Enfield Marketplace, aimed at boosting local economic growth [2][5]. - The company aims to contribute to the long-term success of the Enfield community by investing in local job opportunities [2].
MariMed Reports First Quarter 2025 Earnings
Globenewswire· 2025-05-07 21:00
NORWOOD, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2025. Management Commentary “We are executing on our vision to build the best consumer packaged goods company in cannabis, and over the past quarter we continued to penetrate more storefronts and capture more market share for our innovative ...