Colorado’s marijuana cultivators now have freedom to procure genetics from a wider variety of sources.
Kate Robertson
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AFC Gamma provides $34 million to Sunburn Cannabis in debt capital
Marijuana industry lender AFC Gamma provided $34 million in debt capital to Florida-based dispensary operator Sunburn Cannabis.
USDA approves genetically modified hemp strain that’s THC- and CBD-free
The U.S. Department of Agriculture has approved a genetically modified hemp strain without THC or CBD that could help hemp farmers reduce waste.
Maryland cannabis retail zoning would be less restrictive under new bill
Maryland county governments could have less control on where recreational cannabis stores set up shop if a bill that moved ahead in the state General Assembly is passed into law.
Treasury Secretary Yellen renews support for marijuana banking reform
U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act, which would allow financial institutions to work with state-regulated cannabis businesses even though they aren’t federally legal.
Michigan company’s marijuana license revoked over illicit extracts
A Michigan marijuana company is surrendering its processor licenses because it was combining legal and unregulated cannabis in extracts sold in the adult-use and medical markets.
Marijuana MSO The Cannabist Co. raises $25.75 million
Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible debentures.
Florida bill aims to award medical cannabis licenses to 3 Black farmers
Florida lawmakers are again trying to expand the number of medical cannabis licenses reserved for Black farmers in the state – a contentious issue that has been under debate for years.
DEA is working ‘quickly’ on marijuana rescheduling, Vice President Harris says
The U.S. Drug Enforcement Administration is “working as quickly as possible” on potentially rescheduling marijuana, according to Vice President Kamala Harris.
How R&D cannabis lines help cultivators conduct market research
R&D cannabis lines – or limited-edition, small-batch flower – can create a line of communication between cultivators and consumers, enabling marijuana operators to conduct market research while still bringing in revenue.
Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023
The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance’s clients, senior management said Tuesday during the company’s fourth-quarter and full-year earnings call.
Colorado cannabis chain Maggie’s Farm hastily closes 5 stores
Colorado cannabis retail chain Maggie’s Farm is responding to criticism after it shuttered five locations in late February without warning employees.
