Colorado cannabis operator secures $500K loan for environmental upgrades
Colorado-based SHF Holdings supplied cannabis operator PI 51st Avenue with a $500,000 loan to invest in energy-saving lighting and other equipment to improve operational efficiency and sustainability. SHF Holdings, which does business as Safe Harbor Financial, made...
Delaware lottery for adult-use marijuana retailer licenses set for Dec. 19
Delaware’s lottery for the 15 adult-use marijuana retail business licenses the state will award is scheduled for Dec. 19. The lottery for Open Retailer permits will feature the state’s largest field of applicants, a total of 519. ADVERTISEMENT The lottery –...
Huber USA: Supporting Cannabis Innovation with Cutting-Edge Temperature Control Solutions
This is a note from our sponsors. When cannabis companies need high-precision temperature control equipment to produce extracts, concentrates and other in-demand derivative products, they turn to Huber USA. Based in Raleigh, North Carolina, Huber USA is a...
What cannabis entrepreneurs hope to accomplish at MJBizCon
(This story has been updated to correct the spelling of Mitch Chargo’s name.) LAS VEGAS – For the thousands of individuals attending MJBizCon this week, their goals and objectives for the conference and exhibition are as diverse as the show itself –...
Trump’s nominee to lead DEA withdraws; second choice unclear
Chad Chronister, the Florida county sheriff chosen by President-elect Donald Trump to lead the U.S. Drug Enforcement Administration, abruptly withdrew his nomination for the post Tuesday. Trump nominated Chronister, the sheriff of Hillsborough County, for the DEA post...
MJBizCon’s State Takeovers offer marijuana networking opportunities by region
LAS VEGAS – The quest for success in the $32 billion U.S. marijuana industry is easier when someone more experienced offers advice about where to go and what to do. But for fledgling and established brands alike, the search for reliable business partners can be...
Cannabis operator Rubicon borrows CA$10M in secured credit facilities
British Columbia-based cannabis license holder Rubicon Organics borrowed 10 million Canadian dollars (roughly $7.1 million) in secured credit facilities to pay debt. The credit facilities will be used to “repay in full” the $8 million in principal owed to Green Island...
Michigan on pace to reach $10B in adult-use marijuana sales in first 4 years
Michigan’s recreational marijuana businesses are on the verge of eclipsing the $10 billion mark in sales, only four years after the adult-use market launched. Since they began on Dec. 1, 2019, aggregate adult-use sales in Michigan reached roughly $9.7 billion through...
How your cannabis business can make a deal at MJBizCon
There are dozens of ways for cannabis business executives to make deals at MJBizCon this week. Those who want to leave the world’s biggest cannabis business event with leads and fruitful relationships should come with a game plan but also be prepared to be flexible...
Historic DEA marijuana rescheduling hearing opens, paused until mid-January
Historic hearings on marijuana’s status under federal law will begin in earnest sometime in mid-January, an administrative law judge for the U.S. Drug Enforcement Administration said during a procedural session Monday. At that time, hearings will be held...
Retailers sue Connecticut over THC limits for hemp products
A new lawsuit targets Connecticut’s laws limiting the amount of THC in manufactured hemp products in the state. The suit recently was filed in federal court by the Infinity Smoke Shop in Stratford, Connecticut, as well as “smoke shop owners and investors” in the...Featured
1
Latest Sponsored
