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Diversity is not the same as equity in US cannabis industry
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Opinion: How to handle accounts receivable as inflation eats at cannabis profits
Inflation has had a substantial detrimental impact on the cannabis market, particularly in terms of how it is impacting accounts receivable.
News January 5
Florida adult-use marijuana legalization petition garners nearly 150K signatures
Florida adult-use marijuana legalization advocates have collected almost 150,000 valid signatures in an effort to include the issue on the 2024 ballot.
News January 4
Aurora Cannabis sells closed Polaris facility for proceeds of CA$15 million
Canadian marijuana producer Aurora Cannabis sold off its former Aurora Polaris facility to an unspecified buyer for gross proceeds of 15 million Canadian dollars ($11.1 million).
News January 4
Vermont up to 25 recreational marijuana stores in first three months of legal sales
Vermont began recreational marijuana sales only three months ago, and in that time, the number of stores has jumped from a handful to about two dozen - and more are…
News January 4
Detroit hands out 33 licenses to recreational cannabis retailers
Four years after recreational cannabis sales began in Michigan, Detroit regulators have issued 33 retail licenses.
News January 4
New York’s adult-use marijuana market faces hurdles after long-awaited sales launch
New York celebrated the grand opening of what could be a $1 billion adult-use marijuana market, but many unanswered questions remain.
News January 4
Cannabis operator Flower One Holdings closes Canadian restructuring
Flower One Holdings, the former Canadian parent company of Nevada cannabis company Flower One, closed a restructuring deal and implemented a plan of arrangement under the Companies' Creditors Arrangement Act.
News January 3
USDA gives $5 million to expand hemp opportunities in Tennessee
Two universities, a hemp trade group and the agriculture department in Tennessee are joining forces to research and develop new economic opportunities for the state's hemp industry.
News January 3
Marijuana MSO Trulieve closes commercial loans worth $90.4 million
Florida-based marijuana multistate operator Trulieve Cannabis closed on two commercial loans in December worth gross proceeds of $90.4 million, including a five-year arrangement for $71.5 million and a 10-year loan…
News January 3
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