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Why cannabis banking reform alone won’t solve payment processing woes
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Cannabis sales in Canada hit yearly high of CA$440 million in July
Canada’s cannabis retail sales grew for the fifth consecutive month in July, topping 440 million Canadian dollars ($326.7 million) to reach the highest level so far in 2024.
News September 26Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan
Marijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial strategy.
News September 26Ancillary firm aims to solve payment crunch for cannabis brands
LeafLink, a software platform to connect cannabis retailers with brands, is launching a product aimed to guarantee automated weekly payments to brands.
News September 26Lawsuit seeks to block California ban on intoxicating hemp-derived products
Six hemp companies and a major lobbying group for the industry filed a lawsuit seeking to block California's statewide ban on intoxicating hemp-derived products.
News September 25MSOs donate another $6 million to Florida adult-use marijuana campaign
Two of the nation’s largest marijuana multistate operators, Trulieve Cannabis Corp. and Curaleaf Holdings, pumped another $6 million into Florida’s adult-use legalization campaign, the most expensive ballot effort in U.S.…
News September 25Hemp bill introduced in Congress would ban synthetic THC nationwide
A new federal agency would be responsible for enforcing fresh regulations imposed on Farm Bill-compliant hemp products in the United States - including a ban on “artificially or synthetically derived…
News September 25Village Farms buys remaining interest in Dutch cannabis producer Leli Holland
Village Farms International has acquired the remaining equity in Netherlands-based cannabis producer Leli Holland B.V.
News September 25Premium marijuana brands report steady sales despite shaky economy
Despite economic uncertainty, luxury cannabis products continue to attract discerning consumers seeking premium experiences.
News September 25California emergency orders restricting intoxicating hemp products now in effect
Emergency regulations issued by California Gov. Gavin Newsom a few weeks ago limiting the sale and production of intoxicating hemp products are now in force.
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