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Access to marijuana banking services increasing over pandemic levels

The number of financial institutions actively providing services to state-legal marijuana businesses increased to 755 as of Sept. 30, 2021, exceeding pre-pandemic levels, according to the latest U.S. government data.

News March 4
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Montana recreational cannabis sales exceed $13 million in February

Sales in Montana's new recreational cannabis market surpassed $13 million in February, although two different sets of figures offer slightly different versions of the exact total.

News March 4
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Hawaii medical marijuana dispensaries soon can sell gummies, brownies

Hawaii is poised to revamp its medical marijuana product offerings with the addition of popular edibles such as gummies and brownies.

News March 4
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Opinion: The road to revolutionizing the cannabis beverage industry

Consumer sentiment is often the main driver in new category creation and the same bodes true for the burgeoning cannabis beverage industry.

News March 4
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Fire & Flower’s marijuana retail tech strategy: Q&A with Hifyre President Matthew Hollingshead

Like other types of retail, marijuana retail is increasingly propelled by digital technology. Major Canadian cannabis retail chain Fire & Flower exemplifies that trend.

News March 4
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Washington state to require pesticide testing for adult-use cannabis products

Washington state regulators will finally require pesticide testing of adult-use cannabis products, which nearly all other markets with legal marijuana programs already require.

News March 3
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White House discourages employees from marijuana investments, report says

The White House is warning that it might deny security clearance to employees who invest in marijuana companies, Politico reported.

News March 3
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Cannabis producer Tilray throws rival Hexo lifeline via $211 million debt purchase, alliance

New York-based Tilray Brands said Thursday it plans to acquire up to $211 million (267.5 million Canadian dollars) in outstanding senior secured notes issued by Hexo Corp., effectively throwing its…

News March 3
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Judge orders ex-MedMen exec to repay marijuana company $612K in legal fees

Former MedMen Holdings executive James Parker must repay the company about $612,000 that the business was previously ordered to shell out for attorney's fees, a judge ruled.

News March 3
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