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Why cannabis banking reform alone won’t solve payment processing woes
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Arizona court declines to void or reassign contested marijuana social equity permit
An Arizona judge has declined to revoke and reassign an adult-use marijuana social equity permit that a lawsuit claimed was stolen from a qualifying applicant via predatory means, court records…
News October 23
Judge installs mediator in Alabama’s medical cannabis licensing dispute
An Alabama judge has appointed a mediator to try to resolve an ongoing dispute between regulators and several medical cannabis operators that has prevented the launch of the state’s MMJ…
News October 23
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 23
Oregon 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 23
Court 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 22
Minnesota 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 22
Is 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 22
Catholic 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 21
Cannabis 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 21
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