Schedule III | Pac Garden Assets

News & Insights

Here you'll find the latest news and industry insights from PacGarden including case studies and legal updates.

Pac Garden Assets graphic representing the 'Buy it, Build it, Exit it' approach to cannabis asset M&A sales in California

Person pouring a beer at a row of beer taps

Canadian Cannabis Company Acquires BrewDog for $44 Million. What It Means for M&A and Emerging Beverage Strategy

Tilray’s $44 million BrewDog acquisition signals a major shift as a Canadian cannabis company expands into craft beer, positioning itself for future THC beverage markets.

Cannabis M&A

Mar 45 min read

Record Cannabis Sales in the United States and Canada: Growth Surges as Washington Softens

Cannabis sales are hitting records in both the U.S. and Canada. With Schedule III reform advancing, growth is fueling investment and M&A.

Market Analysis

Feb 213 min read

Aerial photograph of an expansive greenhouse facility in a desert valley, showing multiple industrial glasshouse buildings alongside agricultural storage tanks and equipment yards.

California Cannabis Greenhouse Expansion: A $150 Million Bet on Scale in the High Desert

Nature’s Miracle plans a $150 million greenhouse in California City. Here is how its scale compares to Glass House and what it means for the California flower market.

Market Analysis

Feb 134 min read

Gloved hands hold a clear, unmarked plastic bag in sharp focus, while a compliant, labeled cannabis container sits blurred in the background on a stainless steel surface, emphasizing contrast between unregulated and regulated products.

California Illicit Cannabis Seizures 2025: Is the Tide Turning Against the Black Market?

California reports $609M in illicit cannabis seized in 2025 and $1.2B since 2022. If enforcement holds, the regulated market may finally get a fair fight.

Cannabis Policy

Jan 315 min read

Close-up, Leica-style photograph of a branded cannabis bag spilling dried cannabis flower nugs onto a wooden surface, illustrating commercial cannabis packaging and product presentation.

Schedule III Is Already Reshaping Cannabis Expansion and M&A

Schedule III is already influencing how cannabis companies think about expansion, research, and consolidation. Early strategic positioning by public operators may have lasting implications for cannabis M&A.

Cannabis Policy

Jan 274 min read

Trump Cannabis Rescheduling: What a Schedule III Executive Order Would Really Change

Reports suggest Trump may move cannabis to Schedule III by executive order. We examine the history, politics, and why reform still falls short.

Schedule III cannabis

Dec 13, 20257 min read