LatestNew way to assess pace of aging could accelerate anti-aging breakthroughs
Cannabis

Curaleaf Launches Hostile Takeover Bid for Aurora Cannabis in Major Industry Consolidation

TG Branfalt
Curaleaf Launches Hostile Takeover Bid for Aurora Cannabis in Major Industry Consolidation
Summary

Curaleaf Holdings has sent a letter to Aurora Cannabis shareholders urging acceptance of its hostile takeover bid, offering a 45% premium on their investment. The acquisition represents a significant consolidation in the cannabis industry, as major operators vie for market dominance and operational efficiency. This merger could impact product availability, pricing, and access to medical cannabis for patients across multiple states, including Puerto Rico where medical marijuana is legal. The deal reflects ongoing industry consolidation as companies seek to strengthen their market position and streamline operations.

Originally published on

Ganjapreneur

By TG Branfalt

Read full article(opens in new tab)

Fetched: September 17, 2026 at 10:02 AM

More news you might be interested in

View all
Ancient Evidence: Areca Nut Use Discovered 25,000 Years Ago
Cannabis

Ancient Evidence: Areca Nut Use Discovered 25,000 Years Ago

A groundbreaking study published in Science Advances reveals evidence of regular areca nut consumption in ancient Sulawesi, Indonesia, dating back 25,000 to 16,000 years—potentially the oldest documented use of a psychoactive plant by humans. Researchers identified distinctive chemical markers in human skeletal remains that indicate sustained, habitual use of this botanical substance. While the exact purpose remains unclear, the findings suggest ancestral populations may have used areca for social, ritualistic, or medicinal purposes. This discovery reshapes our understanding of human interaction with psychoactive plants and establishes a precedent for studying botanical medicines throughout human history. The research underscores how archaeological and chemical analysis can reveal ancient wellness practices.

2 hours ago
Revista Cáñamo
US Cannabis Tax Revenue Reaches $3.55 Billion, Reflecting Market Growth
Cannabis

US Cannabis Tax Revenue Reaches $3.55 Billion, Reflecting Market Growth

Thirty US states and the District of Columbia collected approximately $3.55 billion in cannabis excise taxes between July 2025 and June 2026, according to the U.S. Census Bureau. This represents a 15.7% increase compared to fiscal year 2022, demonstrating the continued expansion of regulated cannabis markets across the nation. The growing tax revenue underscores the economic significance of legalized cannabis and highlights how tax policy design remains central to the success of regulated markets. For patients in Puerto Rico seeking medical cannabis options, understanding the financial landscape of legalized markets provides insight into how regulatory frameworks and taxation impact access and availability. These revenue trends suggest sustained market maturation and increased consumer participation in legal cannabis commerce.

3 hours ago
Revista Cáñamo
SAFE Banking Act Reintroduced in Senate to Support Cannabis Industry
Cannabis

SAFE Banking Act Reintroduced in Senate to Support Cannabis Industry

The Secure and Fair Enforcement (SAFE) Banking Act has been reintroduced in Congress to establish a legal framework allowing banks and financial institutions to serve state-legal cannabis businesses. Despite passing the House of Representatives multiple times, the bill has never received a Senate vote. This legislation is critical for the cannabis industry, as it would address the current banking restrictions that force many legal cannabis operators to operate primarily in cash, creating security risks and compliance challenges. For Puerto Rico's growing medical cannabis sector, federal banking normalization could streamline operations and improve accessibility to therapeutic cannabis products for patients with qualifying conditions.

4 hours ago
Ganjapreneur
Houston Mayor Blames DA as Cannabis Arrests Surge 1,200%
Cannabis
AnxietyChronic Pain

Houston Mayor Blames DA as Cannabis Arrests Surge 1,200%

Houston Mayor John Whitmire attributes the dramatic spike in cannabis possession arrests to Harris County District Attorney Sean Teare's prosecution decisions. Misdemeanor cannabis arrests have surged nearly 1,200% under Whitmire's tenure, with an average of 440 arrests annually. This policy shift contrasts with growing medical acceptance of cannabis for therapeutic purposes in treating conditions like chronic pain, anxiety, and epilepsy. The escalating enforcement raises concerns about equitable access to medical cannabis for qualifying patients in Texas.

4 hours ago
Ganjapreneur