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Why cannabis banking reform alone won’t solve payment processing woes
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Finance experts mixed on prospects of marijuana capital infusion post-rescheduling
Finance experts disagree over the validity of rumors about a "wall of capital" entering the cannabis sector if marijuana is rescheduled.
News January 7Agrify sells cannabis cultivation business for $7 million
Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to an investment firm affiliated with former CEO Raymond Chang.
News January 6Marijuana operator Canopy USA appoints Jorgensen as first president
Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity's first president.
News January 6Canadian cannabis operator Entourage inks deal to go private
Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender, a major pension fund in the country.
News January 6Marijuana goes national: 7 industry predictions for 2025
Here are seven MJBizDaily predictions for developments in 2025 that could impact the U.S. marijuana and hemp industries.
News January 6Nevada’s Titus, Minnesota’s Omar take over Congressional Cannabis Caucus
Marijuana reform’s new leaders in the U.S. Congress are Democratic U.S. Reps. Dina Titus of Nevada and Ilhan Omar of Minnesota.
News January 6Fight over disputed Arkansas medical marijuana permit escalates
A long-running dispute over one of Arkansas’ medical marijuana cultivation permits is escalating after a second court found regulators improperly awarded one of the licenses.
News January 3Cannabis operator Stiiizy says customer records acquired during data breach
Los Angeles-based cannabis operator Stiiizy said this week that a cybercrime group accessed some retail customer data when its point-of-sale vendor experienced a security breach around Oct. 10-Nov. 10, 2024.
News January 3Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round
Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30.
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