Federal cannabis reform is moving through both administrative and legislative channels. Whether marijuana is rescheduled or ultimately legalized, cannabis businesses should understand how these changes could affect valuations, mergers and acquisitions, capital formation, and long-term strategy.

Glass House, TerrAscend, Tilray, and Chicago Atlantic all made major announcements this week. Together, they tell a larger story about cannabis capital markets, M&A, and industry growth.

Cannabis companies are beginning to reach major U.S. exchanges. Explore what cannabis stock uplisting could mean for investors, M&A, and industry growth.

Three major themes emerged from Cannabis Capital Conference 2026: returning capital, hemp beverages, and California’s strategic advantage.