Massachusetts bank enters cannabis industry with new service unit
Berkshire Bank, one of the largest banks in Massachusetts, is expanding services for cannabis companies and entrepreneurs nationwide.
Nasdaq warns cannabis tech firm Agrify of noncompliance again
Massachusetts-based cannabis tech company Agrify Corp. received another warning from the Nasdaq stock exchange after the company failed to file its quarterly 10-Q report on time.
Big Plan Holdings to invest $35 million in New England marijuana
Tennessee-based investment firm Big Plan Holdings (BPH) is joining forces with cannabis retailer and cultivator Silver Therapeutics to acquire $35 million worth of marijuana commercial real estate and operations in New England.
Freezing freshly harvested cannabis retains moisture, terpenes
As marijuana consumers develop a better understanding and appreciation for terpenes, flavonoids and other chemical compounds found in cannabis flower, live resin products are becoming increasingly popular.
More cash, more headaches for marijuana retailers after Mastercard ban
Marijuana retailers across the country are adjusting to handling and securing more cash in-store after Mastercard’s abrupt decision last month to halt millions of dollars in cannabis purchases involving its popular debit card.
Aurora shuttering Reliva CBD unit as exports help narrow loss
A significant jump in plant-propagation sales and medical marijuana exports helped Canadian licensed producer Aurora Cannabis narrow its loss in the first quarter of fiscal year 2024 to 28.3 million Canadian dollars ($20 million).
Cannabis offers cues when it’s time to harvest – along with historical data and testing
Nic Robertson, vice president of operations in Massachusetts for 4Front Ventures, said commercial growers have moved away from eyeballing the color of trichomes and squeezing buds to gauge moisture content in favor of scientific methods to evaluate when cannabis flower has reached an optimal point for harvest.
