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Cash-flow pain for your cannabis business? Try receivables factoring

If your cannabis business lacks financial flexibility, you might consider a special type of financing called “receivables factoring.” A factor can help speed things along and get you the cash…

News March 16
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Illinois pitches simplified approach to remove marijuana retail equity barriers

Illinois' governor is proposing a simplified retail recreational marijuana application process with a low $250 fee in efforts to remove barriers for minorities affected by the war on drugs and…

News March 16
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Criminals posing as law enforcement rob Oklahoma cannabis businesses

Robbers passing themselves off as state officials are now being hunted by legitimate law enforcement officers after two marijuana farms were victimized this week.

News March 16
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Massachusetts banks increasingly eyeing high-growth marijuana industry

While some banks still shy away from cannabis, others increasingly are embracing the industry, as evidenced by a couple of recent examples in Massachusetts' booming marijuana market.

News March 16
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Vermont regulators pass emergency rules for medical cannabis market

Vermont installed emergency rules to keep the state's medical cannabis program running.

News March 16
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Chicago Atlantic, others lend $30 million to Florida medical marijuana company

Cannabis industry real estate lender Chicago Atlantic Real Estate Finance says has led a $30 million senior secured credit facility to an unidentified vertically integrated medical marijuana company in Florida.

News March 16
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California debuts website to help cannabis businesses stay compliant

California launched a website designed to support licensed cannabis businesses and help them stay compliant with industry rules.

News March 16
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What’s on tap for marijuana tech platform Weedmaps’ parent: Q&A with CEO Chris Beals

WM Technology CEO Chris Beals discusses the company's strong financial performance last year, what's on tap in 2022 and how Weedmaps navigates the highly regulated marijuana sector.

News March 16
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Cannabis producer CannTrust emerges from creditor protection

Vaughn, Ontario-based CannTrust Holdings has exited court-supervised proceedings under the Companies Creditors Arrangement Act after a key subsidiary completed a financing worth 17 million Canadian dollars ($13.3 million).

News March 15
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