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Why cannabis banking reform alone won’t solve payment processing woes
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Chicago Atlantic closes on $50 million loan to fund new marijuana investments
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes.
News October 23Oregon outdoor cannabis cultivators call 2024 harvest ‘a huge improvement’
Oregon’s sun-grown cannabis cultivators are experiencing one of the best harvests they’ve had in recent memory.
News October 23Court takes Arkansas medical cannabis expansion out of voters’ hands
A voter initiative that would have expanded medical cannabis access in Arkansas has been disallowed by the state's Supreme Court, which declared that a proposed constitutional amendment is “plainly misleading.”
News October 22Minnesota recreational marijuana market on target for 2025 launch, regulator says
Minnesota’s recreational marijuana market is on track to launch in 2025, even as some potential businesses say they’re concerned that the process is taking too long.
News October 22Is third time the charm for adult-use cannabis legalization in North Dakota?
A "conservative" vision of marijuana legalization means few new business opportunities and no favors for existing medical cannabis outlets.
News October 22Catholic Church opposes Florida’s adult-use marijuana legalization effort
The Catholic Church opposes adult-use marijuana legalization in Florida, where spending by cannabis multistate operators in support has eclipsed $100 million.
News October 21Cannabis operator Canopy Growth reduces loan term by $100 million
Canadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million (roughly 138.5 million Canadian dollars).
News October 21Director of Alaska’s marijuana regulatory agency resigns
Joan Wilson, Alaska's top cannabis regulator since 2022, has resigned as executive director of the Alcohol & Marijuana Control Office.
News October 21Cannabis pioneer Sundie Seefried looks at the evolving banking landscape
Sundie Seefried of Safe Harbor Financial discusses what the next decade holds for her company and cannabis banking overall.
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