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California marijuana tax revenues stall in wake of pandemic, job losses

A global pandemic, record job losses and massive budget shortfalls all contributed to what California Gov. Gavin Newsom…

News September 15
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Arkansas medical marijuana sales reach $143 million

Arkansas medical marijuana stores have sold $143 million worth of medical cannabis since sales began in May 2019.…

News September 14
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Week in Review: Nature’s huge toll on cannabis growers, Illinois social equity questions, legalization efforts & more

Wildfires in the West have devastated a number of marijuana farms in Oregon, Washington state and California, while…

News September 12
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Synthetic cannabinoid partnership devolves into $881 million lawsuit

A cannabis research and development deal hailed just last March as a $300 million partnership has morphed into…

News September 11
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Cannabis banking numbers slip, but loans might be increasing

The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year,…

News September 8
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Cannabis companies secure fresh funding deals as investors wade back into capital markets

Marijuana businesses have raised hundreds of millions of dollars in recent months, a trend that is expected to…

News September 4
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Massachusetts credit union partners with marijuana payment processor

The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a…

News September 3
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Acquisition by cannabis tech platform Akerna spurs layoffs, leadership split

Denver-based Akerna, a marijuana compliance software company, parted ways with John Prentice, the founder of Canadian firm Ample…

News September 2
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REIT inks $25 million deal to acquire Michigan marijuana property

Innovative Industrial Properties continues to gobble up cannabis properties, with the San Diego-based real estate investment trust (REIT)…

News September 2
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US-focused cannabis ETF set to launch on New York Stock Exchange

A Maryland-based investment management company said it is launching on Sept. 2 the first U.S.-listed exchange-traded fund (ETF)…

News September 1
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