US Eagle Federal Credit Union will close its cannabis banking arm Nov. 1, citing rising competition rather than weak demand for the service.
Margaret Jackson
Margaret Jackson's Latest Posts
Cultivation potential leads Grown Rogue to snap up PharmaCann’s New York medical cannabis permit
Grown Rogue enters New York with a $4.5 million buy of PharmaCann assets, targeting a shortage of indoor flower canopy.
Aurora Cannabis urges shareholders to reject Curaleaf hostile takeover
Aurora Cannabis is asking its shareholders to sit tight and treat Curaleaf Holdings’ hostile takeover bid with skepticism. In a statement Monday, the Edmonton, Alberta-based global medical cannabis company also corrected what it called inaccurate statements Curaleaf...
Canadian LPs expand presence in European cannabis
Tilray raises global medical cannabis capacity, expanding cultivation in Quebec and Portugal to meet rising demand.
New Mexico cannabis sales steady as Texas border towns drive growth
Through the first half of the year, retailers generated about $284.9 million in combined adult-use and medical marijuana sales.
The case for cannabis AI guardrails – and how to create an AI tool that works
Cannabis operators face a flood of AI tools that dazzle in demos but fail at scale. Palomar Group’s Nick Afonsky on how to spot real ROI.
Michigan cannabis store wins fight over Flock camera
Months after the camera was installed, Jars Cannabis mounted a “No Flock Zone” sign directly in front of the device, blocking its view.
Are AI data centers coming for cannabis cultivation real estate?
Data center developers are eyeing distressed cannabis grow facilities for their high-capacity power, HVAC and security as the industry downturn deepens.
Cannabis MSO Curaleaf advances hostile takeover of Canadian LP Aurora
Curaleaf commenced the offer Aug. 18, moving past Aurora’s leadership to put the proposal in front of investors.
Connecticut cannabis sales flat, but state collected more taxes. What happened?
Connecticut’s cannabis tax revenue jumped 67% while sales stayed nearly flat. The state’s THC potency tax, which ends Oct. 1, drove the gap.
Ohio cannabis sales increase, on pace to set new annual record
Medical and adult-use cannabis sales have reached $684.6 million through July 11, with 150.3 million units of marijuana sold.
Illinois adult-use cannabis retailers can apply for medical permits, with DEA and tax benefits possible
Holding a medical license changes an operator’s regulatory status and makes them eligible to register with the DEA.
