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Latest In: Finance

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Poseidon invests $1 million in another New Jersey cannabis retailer

Poseidon Investment Management, a San Francisco-based cannabis hedge fund operator, has invested in another New Jersey retailer, its…

News March 21
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New York launches $5M grant program for cannabis social equity retailers

New York has established a $5 million grant program to support startup costs for adult-use cannabis social equity…

News March 20
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Cannabis vape maker Blinc Group files for bankruptcy

Cannabis vape manufacturer The Blinc Group cited $1 million in liabilities in its Chapter 7 bankruptcy filing in…

News March 19
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Michigan recreational marijuana prices plunge 30% from 2024

Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to a…

News March 18
cannabis lending debanking Partner Colorado Credit Union reverse stock split Safe Harbor Financial Sundie Seefried Terry Mendez
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New CEO aims to transform Safe Harbor from cannabis lending to fintech

Terry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its…

News March 18
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Dear Congress: 280E isn’t a tax break for cannabis companies

Because 280E thwarts operational success, it greatly incentivizes people to perpetuate the illicit marijuana market.

News March 14
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California’s Glass House secures $50 million credit line

California vertically-integrated cannabis company Glass House secured a new $50 million credit line.

News March 10
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Ayr Wellness is selling 4 marijuana stores in Illinois

Ayr Wellness has signed a letter of intent to sell its four marijuana stores in Illinois because the company…

News March 7
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Cannabis producer Organigram closes final tranche of CA$124.6M funding

Canadian cannabis producer Organigram Holdings closed on the final of three tranches of an overall investment of 124.6…

News March 6
cannabis Doug Fagan marijuana marijuana banking Partner Colorado Credit Union Safe Harbor Financial SHF Holdings Sundie Seefried Terry Mendez
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Marijuana finance company Safe Harbor modifies debt to increase cash flow

Marijuana industry finance company SHF Holdings, Safe Harbor Financial, has modified its debt with Partner Colorado Credit Union.

News March 5
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