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cannabis banking reform HOPE Act SAFE Banking Act Sen Majority Leader Chuck Schumer U.S. Rep. David Joyce
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Marijuana banking could pass this year with criminal expungement, reports say

The passage of federal cannabis banking reform is considered possible this year, provided it's combined with an existing…

News June 10
massachusetts cannabis fees Massachusetts marijuana fees vicente sederberg
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Massachusetts cannabis companies paid $50M-plus in community fees since 2018

Massachusetts cannabis companies have paid almost $53 million in "impact" fees to cities and towns in the state…

News June 10
North Carolina marijuana
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North Carolina medical marijuana legalization effort likely done for 2022

A bill passed by the North Carolina Senate to legalize medical marijuana is likely doomed after the state…

News June 10
cannabis debt financing
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Analysis: Cannabis MSOs could borrow nearly $2 billion – if they want to

The nation’s largest marijuana multistate operators collectively could tap into nearly $2 billion worth of debt - should…

News June 10
cbd European Food Safety Authority European Union novel foods Novel Foods Catalogue United Kingdom United Kingdom CBD
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European Union taps the brakes on CBD foods and supplements

European Union regulators are hitting the pause button on plans to allow CBD to be sold over the…

News June 9
cannabis banking reform. U.S. Rep. Ed Perlmutter Conference of State Bank Supervisors Independent Community Bankers of America SAFE Banking Act U.S. Conference of Mayors
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US mayors, financial institutions throw support behind cannabis banking reform

The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress…

News June 9
Bud & Mary's Iowa medical cannabis Iowa medical marijuana MedPharm Iowa
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Iowa’s first medical marijuana licensee unveils new name, expansion plans

MedPharm Iowa, which was awarded the first medical marijuana business license in the state, is changing its name…

News June 9
CANADA Michael Cammarata Neptune Wellness Solutions
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Neptune latest to retreat from Canadian cannabis industry

Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly competitive cannabis industry.

News June 9
Illinois recreational marijuana sales
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Illinois adult-use marijuana sales flat in May at $130 million

Adult-use marijuana sales in Illinois are flat and on pace to reach roughly $1.5 billion this year, only…

News June 9
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