TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced an exclusive licensing agreement with Tyson 2.0, the cannabis brand founded by Mike Tyson, to launch its products across Maryland and Pennsylvania. "Cannabis changed my life, and I want to share that with the world,” said Mike Tyson, co-founder of Tyson 2.0. “Partnering with TerrAscend lets us reach more people and deliver products ...

Company’s first dispensary in the Garden State and 8th state where the Company operatesOpened to the public on November 7, 2025Grand opening celebration with exclusive promotions expected November 21, 2025 A Media Snippet accompanying this announcement is available by clicking on this link. BOCA RATON, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, today announced the opening of its B ...

Core Insights - The cannabis sector is attracting investor interest due to growth opportunities despite market volatility, with marijuana penny stocks showing potential for significant upside as conditions improve [1][2] Industry Overview - The cannabis industry is adapting to changing consumer demands, competitive state markets, and evolving regulations, with a focus on financial discipline and strategic progress [2] - State-level expansion continues to support gradual industry growth, even amidst uncertainty regarding federal reform [2] Company Highlights - **Glass House Brands Inc. (GLASF)**: Focuses on large-scale greenhouse cultivation and retail operations in California, emphasizing cost reduction and brand recognition through strategic acquisitions and new store openings [4][7] - **Ascend Wellness Holdings, Inc. (AAWH)**: Operates across multiple states with a diverse product range, balancing pricing pressures and opportunities through geographic diversification and improved customer experiences [8] - **Planet 13 Holdings Inc. (PLNH)**: Known for its experience-based retail model, particularly in Las Vegas, and is expanding into new states while focusing on branded consumer products and operational efficiency [10][12] Financial Performance - **Glass House Brands**: Revenue growth driven by increased production and improved gross margins, with a positive trend in operating income as the company scales production [7] - **Ascend Wellness Holdings**: Revenue growth supported by wholesale and retail expansion, though still facing net losses due to debt and operating expenses; improving margins indicate operational progress [8] - **Planet 13 Holdings**: Modest revenue growth from store expansion, facing pressure on gross profit margins due to operating expenses, but showing progress in reducing overhead costs [12]

Core Insights - iAnthus Capital Holdings, Inc. has expanded its operations by opening its 24th GrowHealthy dispensary in Fort Myers, Florida, enhancing patient access to premium cannabis products [1][4] - The new dispensary features an expanded lineup of brands, including The Vault, Sunshine State, and MPX, providing patients with greater choice and quality [2][3] - The company emphasizes a flower-first philosophy and community connection, aiming to meet diverse wellness needs through a comprehensive product menu [3][4] 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 is backed by a leadership team with expertise in cultivation, operations, and capital markets, leveraging acquisition-driven growth for competitive advantage [5] - iAnthus' brand portfolio includes MPX, Anthologie, Black Label, Cheetah, Frūtful, Last Resort, Moodz, Sunshine State, and The Vault [5]

Core Insights - The marijuana sector is currently experiencing a long downtrend, but there is optimism for future growth as companies show profitability and success [2][3] - Identifying and investing in progressive and profitable marijuana companies can yield better returns, especially during market recoveries [3] Company Summaries - **TerrAscend Corp.**: Engages in the cultivation, production, and sale of cannabis products in Canada and the U.S., offering a variety of products including vaporizables, concentrates, topicals, flowers, tinctures, and edibles [4] - **Trulieve Cannabis Corp.**: Operates as a cannabis retailer, involved in the cultivation, processing, and manufacturing of cannabis products, distributing them through dispensaries and home delivery [7] - **Glass House Brands Inc.**: Functions as an integrated cannabis company in the U.S., with operations in retail, wholesale biomass, and cannabis-related consumer packaged goods [8]

Core Viewpoint - Canopy Growth Corporation has launched a new at-the-market equity program to raise up to $200 million in common shares, aimed at supporting strategic investments and working capital [1][2]. Group 1: Equity Program Details - The new equity program allows for the issuance and sale of up to $200 million in common shares across U.S. and Canadian markets, with Canadian sales capped at $50 million [2]. - The program is governed by an equity distribution agreement dated August 29, 2025, with BMO Nesbitt Burns Inc. and BMO Capital Markets Corp. as agents [3]. - The program will remain active until June 5, 2027, or until the full $200 million is raised, with the Canadian portion ending earlier on July 5, 2026, or upon reaching its $50 million cap [3]. Group 2: Company Overview - Canopy Growth Corporation operates in the cannabis industry, producing and selling cannabis, hemp, and related products across Canada, Germany, and Australia [4]. - The company operates through four segments, including Canada Cannabis and International Markets, offering a variety of products such as dried flower, pre-rolls, edibles, vapes, oils, and concentrates [4]. - Canopy Growth markets its products under multiple brands, including Tweed, 7ACRES, Spectrum Therapeutics, Storz & Bickel, Wana, and DOJA [4].

Industry Overview - The U.S. cannabis market is projected to exceed $50 billion annually within the next decade, indicating strong long-term growth potential [1] - Federal reform discussions and state-level legalization are driving investor interest in leading multi-state operators [1] Company Profiles Trulieve Cannabis Corp. (TCNNF) - Trulieve is one of the largest U.S. cannabis operators, with over 190 dispensaries nationwide, including more than 130 in Florida, giving it a dominant market share [3][5] - The company has expanded into states like Arizona, Pennsylvania, and Georgia, maintaining fully integrated operations across its markets [5] - In the most recent quarter, Trulieve reported revenue of approximately $298 million, with gross profit margins exceeding 50% and adjusted EBITDA around $80 million [6][8] Curaleaf Holdings Inc. (CURLF) - Curaleaf is the largest U.S. cannabis company by revenue, operating about 150 dispensaries, primarily in Florida, Arizona, and Massachusetts [9][11] - The company has a diverse product portfolio and is expanding internationally, particularly in Europe, which adds to its growth potential [11] - Curaleaf generated approximately $342 million in revenue in its latest quarter, with gross margins above 45% and adjusted EBITDA near $80 million [12][13] Cresco Labs Inc. (CRLBF) - Cresco Labs focuses on wholesale distribution and operates over 60 dispensaries, primarily in Illinois, Pennsylvania, Ohio, and Massachusetts [14][16] - The company is one of the largest branded cannabis product distributors in the U.S., ensuring consistent product quality through its integrated operations [16] - In its most recent quarter, Cresco reported revenue of approximately $194 million, with gross margins over 45% and adjusted EBITDA around $45 million [17][18] Market Dynamics - The U.S. cannabis industry is characterized by opportunities and challenges, with federal reform being a key catalyst for growth [19] - Competition, pricing pressures, and regulatory complexities necessitate disciplined management and operational efficiency among cannabis operators [19] - Trulieve, Curaleaf, and Cresco have demonstrated the scale and adaptability needed to navigate the current market environment [20]

Core Insights - MJBizCon and Budist are launching the MJBowl, a bi-coastal competition to highlight the Most Valuable Products (MVP) from California and New York across five categories, with winners announced on December 4 [1][5] - The competition runs from August 14 to October 3, 2025, and is open to licensed cannabis companies in the respective states [2] - Judging will be conducted by Budist's panel of critics using a standardized scoring rubric to ensure credibility, with winning brands featured in consumer judging kits [3][4] Industry Context - The MJBowl aims to bridge the gap between East and West cannabis markets, promoting product excellence and national recognition for the cannabis industry [5] - Budist is positioned as a professional review platform, enhancing transparency and community engagement in cannabis product evaluations [8] - MJBiz is recognized as a leading B2B resource for the cannabis industry, producing the largest cannabis trade show, MJBizCon, which has been consistently ranked among the top trade shows in the U.S. [7]

Core Insights - Israel Corporation Ltd. (ILCO) reported its second quarter results for the period ending June 30, 2025, showing a net profit of $43 million, a decrease from $48 million in the same quarter of the previous year [2]. Financial Performance - ILCO's share in ICL profit decreased to $40 million from $50 million year-over-year [2]. - ILCO's share in Prodalim profit increased to $2 million from a loss in the previous year [2]. - The net profit attributable to the company's shareholders was $43 million, down from $48 million in Q2 2024 [2]. Liquidity Position - As of June 30, 2025, total financial liabilities stood at $715 million, while investments in liquid assets were $739 million, including $8 million in pledged deposits [3]. - Net cash totaled $26 million, an increase from $21 million as of March 31, 2025 [3]. Asset Overview - Total assets as of June 30, 2025, amounted to $4,070 million, with significant holdings including approximately $3,883 million in ICL and $118 million in Prodalim [6]. - ILCO's net cash position was reported at $26 million, leading to total net assets of $4,096 million [6]. Strategic Developments - ILCO completed an investment agreement with Prodalim, acquiring approximately 27.5% of its share capital, focusing on natural solutions for various industries [4]. - The Board of Directors approved a dividend distribution of $15 million, consistent with the company's dividend policy [4]. Company Profile - Israel Corporation Ltd. is a public investment company focused on high-quality companies, with core holdings including a 44% stake in ICL Group and an 18% stake in AKVA Group [8]. - The company aims to expand its portfolio in sectors such as food, agriculture, healthcare, and Industry 4.0 [7][8].

Industry Overview - The U.S. cannabis industry is projected to surpass $44 billion in total sales by 2025, driven by adult-use markets in over 20 states and increasing demand for cannabis wellness products [1] - The industry supports hundreds of thousands of jobs, and despite federal delays, state-level progress continues to drive momentum [1] - Market sentiment fluctuates with cannabis reform discussions, creating both opportunities and uncertainty for traders [2] Company Highlights - AYR Wellness Inc. operates over 90 dispensaries across several major U.S. markets, focusing on premium cannabis brands and in-house product manufacturing [5] - Green Thumb Industries Inc. operates in 15 states with over 140 dispensary licenses, known for its consistent execution and financial discipline [9] - Verano Holdings Corp. operates over 135 dispensaries and emphasizes quality control and sustainable practices, with a strong presence in Florida [13] Financial Performance - AYR Wellness reported Q1 2025 revenue of $114.4 million, a 3% year-over-year increase, with an adjusted EBITDA margin of 23% [8] - Green Thumb Industries reported Q1 2025 revenue of $254.1 million, a 5.4% increase from the previous year, achieving a net income of $11.1 million [10][12] - Verano Holdings reported Q1 2025 revenue of $237 million, with an adjusted EBITDA margin of 28% and a net loss of $9.2 million, an improvement from the previous quarter [15] Investment Opportunities - Traders are focusing on technical analysis to identify potential breakouts in marijuana stocks, with key support and resistance levels being tested [2][3] - AYR Wellness, Green Thumb Industries, and Verano Holdings are highlighted as top stocks to watch for potential gains in the second half of 2025 [16]