Latest In: Finance

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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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From Israel to Australia, countries with medical marijuana programs are generating revenue

It turns out there are some healthy, and growing, medical marijuana markets outside the United States and Canada…

News September 1
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Value pricing isn’t only way for cannabis businesses to compete with illicit market

The Illegal cannabis market continues to be one of the biggest threats to legal marijuana industry, whether through…

News August 30
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Week in Review: Cannabis ballot measures finalized, Florida gets edibles, capital raises rebounding & more

A recreational marijuana legalization ballot measure in Arizona got the final go-ahead, while a medical cannabis legalization initiative…

News August 29
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Columbia Care to close on major deal to acquire Colorado marijuana retailer

Multistate operator Columbia Care is set to close on a full-stock deal to acquire major Denver-based vertically integrated…

News August 26
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