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Why cannabis banking reform alone won’t solve payment processing woes
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40 Tons to share MJBizCon space with other justice-impacted marijuana brands
40 Tons is sharing its space on the MJBizCon 2024 show floor with 15 other marijuana companies founded by justice-impacted individuals.
News October 9Commercial landlords soften stance on renting to cannabis businesses
Cannabis companies that once struggled to find space to conduct cultivation, manufacturing and retail operations are benefiting from a tumultuous commercial real estate market that’s prompting landlords to reconsider leasing…
News October 9Arkansas marijuana initiative has 91,000 verified signatures, elections chief says
A voter initiative that would significantly expand Arkansas’ medical marijuana program has attracted enough signatures to qualify for the November ballot, according to the state's top election official.
News October 8Delaware inundated with adult-use cannabis business license applications
Delaware received more than 1,260 applications for adult-use cannabis business licenses, including 800 for 30 retail operations.
News October 8Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.
News October 8Eaze winding down cannabis delivery operations as new owners ponder future
The former CEO of California’s largest marijuana delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the service continues.
News October 7Marijuana operator TerrAscend withdraws $26 million from senior secured loan
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan.
News October 7Basketball great Carmelo Anthony enters new arena with cannabis brand, mission
Carmelo Anthony's 19-year NBA career included 10 All-Star nods and three Olympic gold medals. Today, he’s building a new legacy in the cannabis industry.
News October 7Ohio recreational marijuana sales near $90 million in 7 weeks
Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.
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