Opinion: Why aren’t your cannabis customers paying you?
If you are extending credit, you must have a process in place to manage cash flow to meet your company’s operating needs.
DC Medical Marijuana Business News
If you are extending credit, you must have a process in place to manage cash flow to meet your company’s operating needs.
Cannabis industry groups were heartened Thursday to hear bipartisan support from members of the U.S. Senate Banking Committee for marijuana banking reform – particularly, passage of the Secure and Fair Enforcement (SAFE) Banking Act.
Medical cannabis is expected to be much more easily and widely available in Washington DC after a set of reforms that include lifting a cap on dispensaries and allowing patients to “self-certify” became law this week.
Erik Altieri, who has served as executive director of NORML since November 2016, announced his departure from the Washington DC-based marijuana advocacy organization.
In an early and limited test of Congress’ attitudes toward marijuana under new House Speaker Kevin McCarthy, sweeping changes to Washington DC’s medical cannabis regulations are heading to Capitol Hill for federal lawmakers’ final approval this month.
Are blockbuster, billion-dollar marijuana mergers and acquisitions behind us?
Possibly, say insiders. But they also predict 2023 will feature brisk cannabis M&A activity, with the overall value of transactions possibly topping the $3.2 billion recorded in 2022.
Though some marijuana multistate operator executives remain hopeful, others in the industry are skeptical that Congress will pass SAFE Banking this year.