Hexo slashes workforce by 200 amid lower marijuana revenue expectations
Troubled Canadian cannabis company Hexo, which this week postponed the release of financial results amid lower revenue expectations,…
News October 24
Latest In: recreational marijuana
BNY Mellon’s cannabis-limiting move highlights inconsistencies in banking but could help in the long run, sources say
Just as potential marijuana banking progress appears on the horizon at the federal level due to the U.S.…
News October 18
Northeast governors meet to create regional adult-use cannabis plan
Governors from New York, New Jersey, Pennsylvania and Connecticut are co-hosting a cannabis summit Thursday with legislative leaders…
News October 17
Flowhub cannabis tech platform raises $23 million
Denver-based Flowhub, a marijuana software technology platform, raised $23 million in a Series A funding to bankroll its…
News October 15
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
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 8Featured
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