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21 US governors sign letter to Congress supporting marijuana banking

Almost half the nation's 50 governors put their names on a letter this week to Congressional leaders, urging them to approve the SAFE Banking Act, which would provide safe harbor…

News November 10
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New Mexico recreational cannabis licensing draws 1,500-plus applicants

The unlimited number of recreational cannabis business licenses available in New Mexico has attracted more than 1,500 applications from entrepreneurs, and there are likely more on the way.

News November 10
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Cannabis requires more water than commodity crops, researchers say

Cannabis producers have long held the belief that marijuana and hemp are less water intensive than other commodity crops, making it an ideal alternative for drought-stricken or arid growing regions.

News November 10
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What it takes to bring other women in the cannabis industry to the table

Cannabis is set to become a multibillion-dollar industry that will upend sectors spanning consumer packaged goods, pharmaceuticals, agriculture and wellness.

News November 10
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Aurora net loss improves on strong medical marijuana sales in first quarter

Edmonton, Alberta-based Aurora Cannabis saw its net loss improve to 11.8 million Canadian dollars ($9.5 million) in its quarter ended Sept. 30 on growing sales of medical marijuana, according to…

News November 9
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New Oklahoma medical cannabis rules include changes to pre-rolls, testing

New rules went into effect Monday for Oklahoma medical marijuana businesses, including allowing medical cannabis dispensaries to package and sell pre-rolls up to 1 gram in weight.

News November 9
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Springbig to go public on Nasdaq via marijuana SPAC transaction

Marijuana industry marketing and loyalty company Springbig plans to go public by way of a merger with Tuatara Capital Acquisition, a special purpose acquisition corporation (SPAC).

News November 9
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Cannabis software firm Fyllo nets $40M in capital

Fyllo, a cannabis compliance software company, raised another $40 million in capital to fund growth, mergers and acquisitions as well as attract executive talent.

News November 9
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Hexo shutting marijuana facilities it recently acquired, laying off 155

Quebec-based Hexo Corp. is shutting down three facilities and laying off staff as part of an integration plan following an acquisition spree it went on this year worth roughly 1.2…

News November 9
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