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High Tide Opening 2 Canna Cabana Dispensaries in Toronto, Winnipeg

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[PRESS RELEASE] – CALGARY, Alberta, June 27, 2025 – High Tide Inc., the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced that its Canna Cabana retail cannabis store located at 1439 Henderson Highway in Winnipeg, Manitoba, will begin selling recreational cannabis products and consumption accessories for adult use on June 27, 2025, and that its Canna Cabana retail cannabis store located in The Well shopping mall, at 486 Front St. West in Toronto, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use on July 1, 2025.

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These openings bring High Tide’s total store count to 202 Canna Cabana locations across Canada, including 83 in Ontario and 12 in Manitoba.

WINNIPEG, MB LOCATION

Conveniently located just off Chief Peguis Trail—a major traffic artery in Winnipeg—this grocery-anchored plaza offers excellent visibility and easy accessibility. The area benefits from strong co-tenancies and serves a local population of approximately 10,000 within a 1-kilometer radius, with limited competition nearby. As the first Canna Cabana in Winnipeg’s north end, this location opens access to a new and untapped customer base, supporting the company’s continued expansion in the city.

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TORONTO, ON LOCATION

The Well is a newly opened, state-of-the-art mixed-use shopping mall located in the heart of downtown Toronto. This vibrant destination seamlessly blends high-end residential, entertainment, and commercial spaces, and is home to a diverse range of retailers, acclaimed restaurants and a modern reimagining of the traditional food court—Wellington Market—featuring dozens of top-tier food vendors. The company’s new Canna Cabana location is ideally situated adjacent to the entrance of Wellington Market, which sees thousands of visitors daily, and is just steps from the outdoor plaza, which serves as a hub for year-round events that draw significant foot traffic.

“Both the Manitoba and Ontario markets continue to deliver strong results for our Canna Cabana network, and we’re thrilled to deepen our footprint in these high-potential provinces,” High Tide founder and CEO Raj Grover said. “In March, our stores across both provinces delivered annualized revenue run rates significantly above the national average, underscoring the strength of our differentiated discount club model and loyalty ecosystem. These results reaffirm our decision to reinvest our cash flows into targeted expansion, bringing even more Canadians into the Cabana Club.

“I also want to thank the Government of Manitoba for passing Bill 9, which will help level the playing field by limiting controlled access licenses to communities with fewer than 5,000 residents. This important shift ensures age-gated cannabis retail remains in the hands of responsible operators, protects youth and supports the long-term viability of licensed cannabis stores across the province.”



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AYR Wellness Has No Estimate for Q1 2025 Interim Filings; Trading Remains on Hold

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The cannabis company’s delay in filing its financial statements comes as its negotiations with creditors remain ongoing.



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Cannabis Seeds Launched To Orbit By SpaceX Crash Into Sea, Setting Back Mission To Grow Marijuana On Mars

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A science experiment intended to study how cannabis seeds fare in space—in hopes of one day planting the crop on the moon or even Mars—failed earlier this week when a capsule carrying the payload crashed into the Pacific Ocean.

Aboard the capsule were about 150 cannabis seeds, which the organizers of the project hoped to study after the vehicle’s return to earth. But a day after being launched into orbit on a SpaceX rocket Monday, the capsule’s parachute reportedly failed and it crashed into the sea.

The capsule’s payload—including not just dozens of cannabis seeds but also the remains of more than 160 deceased people, whose loved ones had paid to send them briefly into space—is currently believed to be unrecoverable.

“As a result of this unforeseen event, we believe that we will not be able to recover or return the flight capsules aboard,” the memorial company, Celestis, said in a statement, according to Gizmodo. “We share in the disappointment of our families, and we offer our sincerest gratitude for their trust.”

The Exploration Company, maker of the 1.6-ton reentry capsule known as Nyx, has said it’s “still investigating the root causes and will share more information soon,” explaining on Tuesday that it lost contact with the craft “a few minutes before splash down.”

As for the cannabis seeds, they were contained in a biological incubator called MayaSat-1. Scientists at Martian Grow, the group behind the project, hoped to study how conditions in space—including microgravity and cosmic radiation—affected germination and development of the plants.

Separate organizers launched both hemp tissue and coffee to the International Space Station in 2020, though findings from that mission are reportedly still unpublished.

The Martian Grow team is headed by Božidar Radišič at the Research Nature Institute, in Slovenia. He told WIRED ahead of the project launch that if humans want to settle on the moon or Mars, cannabis could be indispensable.

“Sooner or later, we will have lunar bases, and cannabis, with its versatility, is the ideal plant to supply those projects,” Radišič said. “It can be a source of food, protein, building materials, textiles, hemp, plastic, and medicine. I don’t think many other plants give us all these things.”

While cannabis plants are comparatively hardy and known for being resistant to stressors such as UV light and radiation, the goal of the current project was to see how space affected the seeds’ genetics.

“The point is to explore how, and if, cosmic conditions affect cannabis genetics, and we may only find this out after several generations,” Radišič said.

The team also intended to study changes in the plant’s structure and morphology, looking at factors such as leaf size, water use, root growth, chlorophyll content and rate of photosynthesis.

“Whether there are changes or not, both results will be important for the future, so we know how to grow cannabis in the space environment,” Radišič told WIRED.

The publication notes that humans are still some time away from growing marijuana on the moon or Mars, pointing out that factors such as microgravity, extreme temperatures, toxins a lack of nutrients in the soil are likely obstacles to cultivation.

“We will have to adapt to the environment on Mars, and slowly adapt our plants for them to survive,” Petra Knaus, the CEO of Genoplant, which is also developing a space capsule, told WIRED. “For now, we believe it will only be possible [to grow plants] in a closed system container with the conditions adapted.”

As for other intersections of cannabis and the cosmos, in 2018, the fact-checking website Snopes debunked an earlier article that suggested marijuana contained “‘alien DNA’ from outside our solar system.”

That same year, renowned astrophysicist Neil deGrasse Tyson advised against actually using marijuana in space, warning that “if you do anything to alter your understanding of what is reality, that’s not in the interest of your health.”

Relatedly, SpaceX CEO Elon Musk said earlier this year that he thought it was a “great idea” to mandate drug testing of federal government workers. Months later, a Democratic congresswoman filed a bill that would require Musk and other Department of Government Efficiency (DOGE) workers to submit to drug testing to maintain their “special government employee” status.

In addition to awkwardly puffing a marijuana joint on Joe Rogan’s podcast while at the helm of a federally contracted aerospace company (Musk later claimed he never inhaled), the SpaceX CEO has reportedly been a heavy user of ketamine, so much so that it interfered with his ability to urinate.

Separately, in the world of cannabis genetics, scientists reported last month that they’ve identified 33 “significant markers” in the cannabis genome that “significantly influence cannabinoid production”—a finding they say promises to drive the development of new plant varieties with specific cannabinoid profiles.

Published in the journal The Plant Genome, the results “offer valuable guidance for Cannabis breeding programs, enabling the use of precise genetic markers to select and refine promising Cannabis varieties,” authors said.

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4Front Ventures’ Receivership Proceedings Progress; Board Members Resign

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[PRESS RELEASE] – PHOENIX, June 26, 2025 – 4Front Ventures Corp., a vertically integrated cannabis operator, provided an update on the voluntary receivership proceedings involving its U.S. subsidiaries and changes to its board of directors.

As previously announced on May 22, 2025, all U.S. subsidiaries of 4Front filed for voluntary receivership in aid of liquidation under the laws of the commonwealth of Massachusetts. These filings were made in the Business Litigation Session of the Superior Court for Suffolk County in case No. 2584CV01405 (the “receivership”).

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On June 20, 2025, the court entered an order appointing Opus Consulting Partners LLC, through its principal, Jacques Santucci, as receiver for the subsidiaries and their associated assets. The receiver has been granted broad authority to operate, manage and pursue the orderly sale of the subsidiaries to maximize value for creditors and stakeholders. The receiver is also authorized to engage Stone Blossom Capital LLC, whose principal is Richard Ormond, as a senior strategic consultant and adviser in connection with the process.

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With the appointment of the receiver and 4Front’s previously announced assignment pursuant to Canada’s Bankruptcy and Insolvency Act, Kris Krane, chairman of the Board, and David Daily, director, tendered their resignations on June 26 from the company’s board of directors, effective immediately.

Additional information regarding the receivership may be obtained from the receiver; additional information regarding the bankruptcy may be obtained from B. Riley Farber Inc., the trustee.

Legal counsel to the company is Foley Hoag LLP.



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