2019 Cannabis Business Award's Publication of the Year |
FMCPG HAS BEEN SERVING
AND REPRESENTING THE CANNABIS PHYSICIAN COMMUNITY SINCE 2020 |
THE "FLORIDA MEDICAL CANNABIS PHYSICIAN GROUP" (FMCPG) FOR ALL
"MEDICAL MARIJUANA DOCTORS" AND "MMTC DIRECTORS ONLY " DISCUSSION WILL INCLUDE: FINALIZE THE MISSION AND VISION FOR FMCPG FINALIZE THE PRACTICE STANDARD
FOR FMCPG MEMBERS
REVIEW OF THE OMMU AND CHANGES TO THE DOCTOR'S AND PATIENT INPUT PORTALS ON THE OMMU WEBSITE.
DOCTORS WITHIN OUR GROUP WILL DISCUSS HOW THEY HAVE BEEN WORKING AROUND SOME OF THE CHANGES
REF'S ISSUES AND SOLUTIONS
TIME TO RENEW YOUR MEMBER IN FMCPG
CLICK HERE FOR THE MEMBERSHIP FORM USE THIS LINK TO REGISTER FOR THE NEXT MEETING - THURSDAY, JULY 31, 2025 CLICK HERE ON LINK BELOW |
MEDICAL CANNABIS PHYSICIAN PROMOTION PACKAGE BY CANNABIS NEWS FLORIDA
ARTICLE: Physician will contribute an article of 350 words**. This article will appear in the Cannabis News Florida e-newsletter for one month (4 weeks).
E-MAIL BLAST: Cannabis News Florida will send out one e-mail blast promoting the Physician to the other physicians in three zip code areas or one city to be determined by the Physician. The Physician will supply the information for the email blast. The Article above can be used in the e-mail blast.
The cost of this program is ONLY $500 AND INCLUDES A ONE YEAR MEMBERSHIP IN THE FMCPG **Cannabis News Florida will assign a writer for a telephone interview with the Physician and create the article to be published. Physician shall have the right to review and approve the article before publication for an additional cost of $100.
IF YOU ARE INTERESTED, PLEASE EMAIL ME AT CHARLES@CANNABISNEWSFLORIDA.COM OR CALL MY CELL AT 954-605-4785 |
NEWS FROM THE PAST WEEK RELATING TO THE BUSINESS OF
MMTC'S IN FLORIDA Click on Company Logo to be Transferred to Web Site |
Trulieve Announces Expanded Distribution of Onward and Launch of THC-Infused Energy Drink Upward
Onward and Upward premium beverages are available for consumers over 21 years old
July 23, 2025 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced expanded distribution of premium Onward beverages and the launch of Upward, a premium THC-infused energy drink. Onward and Upward Farm Bill-compliant beverages are available online and at retail locations in Florida and Illinois.
Trulieve Cannabis Corp UPWARD
“We are thrilled by the overwhelmingly positive customer response to Onward and are excited to announce expanded distribution of Onward in Florida and Illinois,” said Trulieve’s Chief Executive Officer Kim Rivers. “Building on the positive momentum in the beverage category, we are launching Upward, a new THC-infused energy drink designed to support active and wellness-focused lifestyles.”
Onward and Upward beverages are available at all ABC Fine Wine & Spirits and Total Wine & More locations in Florida. We recently entered into new distribution partnerships with Romano Beverage covering Illinois and Anheuser-Busch covering Northern Florida. With these new and expanded arrangements, Onward and Upward beverages can be found at hundreds of stores in Florida and Illinois.
READ MORE |
Trulieve Rewards Trulieve Rewards is a customer rewards program offering patients and customers in participating states an easy platform to earn points on every purchase at Trulieve dispensaries. We've revamped and refreshed our old cannabis loyalty program to reward cannabis enthusiasts loyal to Trulieve with savings, perks, and points every time they shop for cannabis products JOIN NOW |
AYR Wellness Announces Further Extension of Limited Waiver Agreement with Senior Noteholders
July 28, 2025 — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today announces that it has entered into an additional amendment to its previously disclosed Limited Waiver Agreement with the holders of a majority of its senior secured notes (the “Majority Holders”). This latest amendment extends the temporary waiver period to July 29, 2025.
As previously disclosed, under the Limited Waiver Agreement, the Majority Holders have provided a waiver of certain events of default related to the Company’s delay in filing its interim financial statements for the quarter ended March 31, 2025, as well as specific payment defaults that may occur under AYR’s other outstanding indebtedness. This waiver temporarily restrains the Majority Holders from exercising their default-related rights and remedies with respect to those specified defaults, subject to the terms and conditions in the agreement.
READ MORE |
Q2’25 Earnings releases are scheduled for the first week of August; weakness is expected but analysts still see 2025 growth in revenues and EBITDA.
The Viridian Chart of the Week shows the percentage change in EBITDA from actual Q2’24 to projected Q2’25, decomposed into the part attributable to changes in revenue (blue bars) and the part due to changes in margins (orange bars). The detailed analyst expectations are shown in second table, below.
The graph shows the offered side quoted yield of the debt on the vertical axis, with the Viridian Credit Ranking on the horizontal axis. Each data callout indicates the maturity date of the debt and whether it is a Term Loan (TL) or Bond (BND). The regression equation, as indicated by the dotted line, has an R-squared value of 0.57 and is significant at the p < 0.05 level. This fit is significantly worse than the last time we ran this analysis in August 2024, when the R-squared was .91. This is a good indication that the market has become less efficient (and also less liquid) for cannabis MSO debt. The declines in EBITDA shown on the chart point to the importance of careful credit modeling and monitoring. Investors should hold most of their portfolio in credits ranked in the top 15 on the Viridian Credit Tracker model.
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Despite the dour expectations for the rest of 2025, analysts continue to expect approximately 6% revenue gains for 2026 and a nearly 10% increase in EBITDA.
The primary reason for this projected turnaround is the emergence of new adult states. Pennsylvania and Virginia are among the top candidates. Will these be enough to ratify the aggressive projections? We believe the likelihood is high that analysts will have to revise or walk back those forecasts.
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View This Week's Viridian Chart of the Week For More Analysis
About Viridian Capital Advisors
Since launching in 2014, Viridian Capital Advisors has become one of the most respected and experienced advisory and M&A firms specializing in the cannabis industry. We provide a wide range of services, including: Strategic Advisory Consulting: Including valuation, financial modeling, restructuring and fairness opinions.
Mergers & Acquisitions: Transaction advisory and execution. Capital Raises: Including debt and equity. Many of our assignments begin with a basic question: "What should I do now?" Raise capital to expand? What kind of capital is most appropriate?
Acquire another company? What are the advantages and pitfalls?
Sell my company? What valuations can i achieve? What transaction structures are possible?
Put our experience, data and depth of senior talent behind your next transaction.
Contact
Scott Greiper
CEO
Viridian Capital Advisors, LLC
646.330.0704
sgreiper@viridianca.com
Frank Colombo
Managing Director
Viridian Capital Advisors, LLC
914.523.4730
fcolombo@viridianca.com
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NATIONAL AND INTERNATIONAL NEWS |
Tilray Brands Reports Fourth Quarter and Fiscal 2025 Financial Results
Fiscal Year Net Revenue of $821 Million, $834 Million in Constant Currency, Strategic Decisions Impacted Revenue by $35 Million
Q4 Consolidated Adjusted EBITDA is the 2nd Highest in the Company’s History
International Cannabis Revenue Increased 71% in Q4 and 19% for the Fiscal Year;
Canadian Cannabis Remained #1 by Revenue in the Fiscal Year; Global Cannabis Gross Margin Increased by ~700 Basis Points in the Fiscal Year
19% Revenue Growth in Tilray Beverages with $241 Million for the Fiscal Year
9% Revenue Growth in Tilray Wellness with $60 Million for the Fiscal Year
Strong Balance Sheet with $256 Million Available in Cash and Marketable Securities; Total Debt Repayments of ~$100 Million to Date
Fiscal Year 2026 Adjusted EBITDA Expected to be Between $62 Million – $72 Million
NEW YORK and LONDON and LEAMINGTON, Ontario, July 28, 2025 — Tilray Brands, Inc. (“Tilray”, “our”, “we” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle consumer packaged goods company at the forefront of the cannabis, beverage, and wellness industries, today reported financial results for its fourth quarter and fiscal year ended May 31, 2025. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Irwin D. Simon, Chairman and Chief Executive Officer, stated, “In Fiscal Year 2025, we meaningfully advanced our platform, driving growth in all of our sectors, cannabis, beverage, and wellness. Our progress is rooted in a deep understanding of evolving consumer needs, shaping offerings that not only reflect, but anticipate how people choose to eat, drink, relax, and address their wellbeing. We increased revenue, enhanced efficiency, and boosted gross profit across all our businesses. Our continued investment in growth led to record fiscal year revenue, underscoring the resilience and durability of our strategy.”
READ MORE |
BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND
DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS
OVER 920,000
AND 727 DISPENSING LOCATIONS |
LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
JULY 25, 2025 Report BY THE NUMBERS
Qualified Patients: (Active ID Card)
JUL 25 2025 920,352
JUL 18 2025 920,108
JUL 11 2025 919,639
JUL 04 2025 917,873
JUN 27 2025 918,812
JUN 20 2025 918,463
JUN 13 2025 918,290
Patients Last Week: 244
Qualified Ordering Physicians: 2,367
New Doctors Last Week: 3 Reporting Period: JULY 18 - JULY 24 2025
Amount of Medical Marijuana Dispensed - (mgs THC) 368,180,046
Amount of Low-THC Cannabis Dispensed - (mgs CBD) 9,000
Amount of Marijuana in a From for Smoking (oz) 134,348.381
Approved Dispensing Locations: 727 Added Last Week: 1
CURALEAF - ST. AUGUSTINE |
UPCOMING MEETING AND CONFERENCES |
ADVERTISEMENT OPPORTUNITIES
If your goal is to get your business in front of the right people in the cannabis industry or you want to be an integral part of this new and exciting business opportunity, then you need to join with Cannabis News Florida as we help to establish cannabis as a major part of the economy in Florida. Cannabis News Florida is an online publication focusing on both local and national news from leading authorities about the medical and business developments in the medical cannabis industry covering the entire state of Florida.
Join the Cannabis News Florida force online and in print. We offer several marketing options to fit all budgets:
· MMTC PROMOS LISTED IN EACH E-NEWSLETTER
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