California to allow state tax deductions for cannabis businesses
California cannabis businesses will be allowed to deduct expenses on their state income returns after Gov. Gavin Newsom…
News October 14
Latest In: recreational marijuana
Big banking shows more interest in serving cannabis clients after recent SAFE Act passage by US House
Banks and other financial institutions are gearing up for potential massive involvement with the marijuana industry after last…
News October 14
California awards cities $10 million in social equity marijuana grants
Ten cities in California will divide $10 million from the state’s Bureau of Cannabis Control to help social…
News October 9
Will Illinois change the social equity landscape for the marijuana industry?
Illinois is set to open recreational cannabis dispensaries Jan. 1 after becoming the first state in the nation to…
News October 9
MedMen and PharmaCann terminate $682 million cannabis merger; MedMen CFO ousted
MedMen, a Los Angeles-based multistate marijuana operator, announced that its blockbuster acquisition of PharmaCann has been scuttled and…
News October 8
Canopy cannabis woes drives huge loss at alcohol giant Constellation
Constellation Brands, a New York-state based alcohol giant, on Thursday reported a net loss of $525.2 million in…
News October 3
Vaping health scare takes toll on cannabis vape firms’ stock prices, but many see longer term opportunity beyond crisis
State-legal cannabis vape products and the companies selling or distributing them may not be the principal cause of…
News October 3
Tilt Holdings founders to forfeit stock options with cannabis firm
Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit…
News October 2
Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real…
News September 27Featured
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