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Why cannabis banking reform alone won’t solve payment processing woes
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Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite
A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company Agrify Corp., with $10 million being drawn at closing.
News November 5Canadian province Ontario pledges $31 million toward illicit cannabis battle
The government of Ontario, Canada, pledged $31 million to an agency responsible for fighting the illicit cannabis market in the province.
News November 5Election Day holds promise for marijuana industry reforms across United States
For the first time, both the marijuana-reform movement and the $32 billion U.S. cannabis industry have little to fear on Election Day.
News November 5Florida governor lands more hemp money to fight adult-use legalization, report says
Companies that sell products with significant amounts of intoxicating THC - but under the guise that it’s federally legal hemp - are bankrolling Florida's governor's quest to defeat an adult-use…
News November 4Nebraska judge allows votes on medical cannabis ballot initiatives to be counted
A Nebraska judge is allowing the votes on two medical cannabis legalization initiatives on the state's ballot to be counted and posted.
News November 4Nevada marijuana operator Deep Roots Harvest acquires The Source
Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state.
News November 4Cannabis markets on the ballot could generate $3 billion in first year
If approved by voters on Tuesday, new regulated marijuana markets in Florida, Nebraska and North Dakota could collectively reach $2.3 billion in sales.
News November 4Trial over Nebraska’s medical marijuana ballot initiative might be extended
An 11th-hour legal challenge to Nebraska’s medical marijuana ballot initiative could extend to Monday, the eve of Election Day.
News November 1Kentucky medical cannabis dispensary licenses to be decided in 2 lotteries
The fate of Kentucky applicants seeking medical cannabis dispensary licenses will be decided starting in late November.
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