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Oregon credit union, tech firm to offer marijuana banking services
Oregon-based Wauna Credit Union has forged a partnership with Arizona tech firm Hypur that will allow the financial institution to service marijuana-related companies.
News January 19
Tilray signs medical cannabis supply deal with Canada’s Shoppers Drug Mart
The largest pharmacy chain in Canada locked up another major supplier of medical marijuana, as drugstore chains across the country look to secure supply from a limited number of producers.…
News January 19
NCIA board member departs early, rips group’s direction and handling of sexual misconduct accusations
When Denver marijuana pioneer Kayvan Khalatbari announced his resignation from the board of the National Cannabis Industry Association (NCIA) in December, he intended to continue serving in the role until…
News January 18
Study urges greater role for minorities in Maryland medical marijuana program
Maryland's medical marijuana program put minority applicants for business permits at a disadvantage, according to a new study that recommended race be factored into any future MMJ licensing.
News January 18
MA picks Franwell’s Metrc for cannabis seed-to-sale traceability system
Massachusetts marijuana regulators have selected Florida-based Franwell’s Metrc program to serve as the state’s seed-to-sale traceability system. According to The Boston Globe, the Massachusetts Cannabis Control Commission budgeted about $750,000 for the…
News January 18
Canopy enlists first major bank to lead CA$175M marijuana equity financing
Canopy Growth became the first marijuana company in Canada to enlist a major Canadian bank to lead an equity-based funding, signaling a greater willingness by big financial institutions to provide financing…
News January 18
New York is considering recreational cannabis legalization
New York’s governor is urging state lawmakers to provide funding to establish a commission that would study the feasibility of legalizing adult-use marijuana in the state. The study would explore recreational…
News January 18
Canadian marijuana companies opening wallets to tap California market
A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world's largest…
News January 18
Canadian-listed marijuana company buys Florida MMJ license holder for $48M
A New York-based marijuana investment company used cash and its Canadian-listed shares to fund a $48 million acquisition of a licensed medical marijuana business in Florida. iAnthus Capital Holdings, an investor…
News January 17
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