Good morning.
While 4/20 rightfully gets tons of industry attention, but getting Green Wednesday right as a dispensary is essential for Q4 success. On Tuesday next week, we’re teamed up with Sweed for a webinar titled: Turn Green Wednesday traffic into repeat customers. With insight from Sweed, Surfside, and Skymint, there’s loads to learn. Register for Tuesday’s webinar »
Let’s get to it.
-JB, JR
Today’s newsletter is 482 words or about a 4-minute read.
TODAY’S NEWSLETTER MADE POSSIBLE BY:
CULTIVATED CALENDAR
October 20 » Sweed x Cultivated Webinar: Turn Green Wednesday traffic into repeat customers
October 22 » The Highrise → Check out the second in our NYC series and apply to attend. Details on the website!
November 12 » Pot Policy and Politics → The second installation of the Midwest Cannabis Forum, this time in St. Louis. Ticket discounts through October 12.
COMING EVENTS → Las Vegas & Buffalo
Stay tuned for more Fall 2026 events coming soon!
Visit our revamped Events Page »
Quotable
Organigram CEO James Yamanaka was asked on The Dales Report about our story on his company emerging as a suitor for Aurora:
“I like the speculation,” he said because it gives people an opportunity to learn about Organigram, while declining to comment on any potential deal. On Thursday, the company said it plans to cut $8 million to $10 million a year from its cost base as it folds Sanity Group into a single global structure, and will drop three brands.
Deal, launches, partnerships
Cronos closes €57.5 million CanAdelaar acquisition
Canadian cannabis company Cronos completed its acquisition of CanAdelaar, the top seller among the 10 licensed growers in the Netherlands’ recreational pilot program, for €57.5 million plus a cash earnout tied to 2026 and 2027 EBITDA. We’ll be chatting with CEO Mike Gorenstein on Monday’s Cultivated Live. $CRON ( ▲ 1.27% )
SHIELD COMPLIANCE*
Cannabis banking doesn’t have to be guesswork
For many financial institutions, cannabis banking still feels like a maze of evolving guidance, documentation requirements, and risk questions.
That uncertainty doesn’t just slow down banks and credit unions. It limits access to the financial services operators need to grow.
Shield Compliance helps banks and credit unions turn that complexity into an opportunity to serve cannabis-related businesses with efficient and scalable programs.
Its Cannabis Banking Playbook lays out what a sustainable program looks like, from building the right foundation to managing risk.
Whether you’re a banking professional exploring the space or an operator trying to understand what your bank needs to say yes, it’s a practical place to start.
*sponsored
One funny thing
Green Thumb Industries and RYTHM CEO Ben Kovler encouraged his X followers to buy pallets of its Senorita hemp-derived THC beverages because of the looming ban. $GTII.TSX ( 0.0% ) $RYM ( ▲ 1.21% )
What we’re reading
Advocates, Nebraska Medical Cannabis Commission continue to clash over agency’s direction | Nebraska Examiner
Smoke Circles | Good Times
Marijuana Businesses Fighting To Ban Hemp THC Products Are Being Short-Sighted (Op-Ed) | Marijuana Moment
