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The cannabis industry is having a price compression crisis. What’s the solution?
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Canadian analysts eye ‘catalysts’ to reverse cannabis stock freefall
Canadian cannabis stocks are down over 40% since peaking in early January, leading analysts to speculate about what might ultimately trigger a rebound.
News April 4
North Dakota’s corporate farming ban doesn’t affect medical marijuana growers
North Dakota’s Great Depression-era law banning corporate farming won’t preclude horticulture operations from growing medical marijuana, provided it’s not done on agricultural land, the state’s attorney general has determined. The…
News April 4
With CA$750M in marijuana business, Toronto credit union is Canada’s MJ banking leader
A small, “old school” credit union in Toronto has emerged as Canada’s leading banking institution for cannabis businesses. Alterna Savings & Credit Union serves about two-thirds of Canada’s roughly 100 federally licensed…
News April 4
Massachusetts gets 218 recreational cannabis applicants on first day
Massachusetts companies that want to operate retail marijuana stores in Massachusetts submitted a whopping 218 applications on the first day businesses could apply for recreational MJ business permits. The applicants are seeking…
News April 4
Nova Scotia unveils recreational marijuana legislation
Nova Scotia became the latest province in Canada to unveil its legislative framework for recreational cannabis, laying down the ground rules for sales and consumption. While the bill leaves retail…
News April 4
Marijuana businesses experimenting with blockchain technology, but skeptics persist
A small yet growing number of marijuana businesses are adopting or experimenting with a nascent technology born out of the cryptocurrency phenomenon. Advocates say the technology, known as blockchain, could…
News April 4
Florida medical cannabis company sues state to remove dispensary limit
Trulieve, one of Florida’s fastest-growing medical marijuana businesses, is suing the state to allow the company to launch more dispensaries. According to Florida Politics, Trulieve has lobbed a “constitutional challenge” at…
News April 3
Illinois medical marijuana companies losing primary bank
Bank of Springfield, the main financial institution that serves Illinois medical marijuana businesses, will stop working with the state’s MMJ industry, forcing local cannabis companies to deal in cash or…
News April 3
Organa Brands co-founder Ralph Morgan departs for new CBD venture
The co-founder of marijuana vape manufacturer Organa Brands is leaving to start a new company focused on hemp-derived wellness products. Ralph Morgan said he is still exploring a name and…
News April 3
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