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Latest In: Finance

Andrew Sablon bank of america Dan Mondello debanking Dejavu Cannabis Company FLowHub Glass House Brands graham farrar jason vedadi Jesse Redmond JPMorgan & Chase Kim Rivers Kyle Kazan kyle sherman leef brands Marc Andreessen Rank Really High SAFER Banking Act Senate Banking Committee Story Cannabis Co. tim scott Trulieve Wells Fargo
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Despite finding unlikely allies, cannabis industry still struggling with debanking

The U.S. cannabis industry might have finally found a receptive audience in Washington, D.C., to hear its pleas…

News February 18
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Quebec cannabis retailer SQDC reports income of CA$40.5 million

Quebec’s government-operated marijuana retailer, Société québécoise du cannabis, reported income of 40.5 million Canadian dollars ($28.6 million) for…

News February 14
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Marijuana financier Chicago Atlantic BDC secures $100 million credit line

Marijuana business financier Chicago Atlantic BDC closed a $100 million senior secured revolving credit line led by a…

News February 12
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Pharma giant Jazz dismisses final patent claim involving cannabinoid epilepsy drug

Global pharma company Jazz Pharmaceuticals has ended patent claims related to its cannabinoid-based epilepsy drug, Epidiolex.

News February 11
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Michigan governor floats extra 32% adult-use cannabis tax to fund roads

Michigan's governor is suggesting taxing adult-use cannabis an additional 32% to fund a $3 billion infrastructure plan.

News February 11
280E 280E marijuana taxes cannabis rescheduling dea dea marijuana rescheduling federal rescheduling internal revenue code section 280E James Lankford Pete Ricketts U.S. Drug Enforcement Administration
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GOP senators’ bill would keep 280E for cannabis operators permanently intact

Two Republican U.S. senators have introduced a bill that would continue to ban federal tax deductions for the…

News February 10
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MediPharm cancels $5.5 million sale of Ontario cannabis facility to Kensana

Canadian cannabinoid company MediPharm Labs is halting the previously announced sale of its Napanee, Ontario, facility to Kensana…

News February 10
cannabis cultivation Dispensaries iAnthus Capital Holdings marijuana recreational marijuana
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MSO iAnthus selling cannabis stores, cultivation facility in Arizona

Cannabis multistate operator iAnthus Capital Holdings is selling two Arizona marijuana stores and a cultivation facility to Sonoran…

News February 7
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Illinois posts record $2 billion in cannabis sales in 2024

Total sales of adult-use and medical marijuana in Illinois topped a record $2 billion in 2024.

News February 6
Cannabis industry finance company SHF Holdings doing business as Safe Harbor Financial on Monday announced a plan to modify its financial agreement with Partner Colorado Credit Union. Partner Colorado Credit Union promissory note Safe Harbor Financial Sundie Seefried Terry Mendez
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Marijuana finance company Safe Harbor pauses promissory note payments

Marijuana industry finance company SHF Holdings, doing business as Safe Harbor Financial, is seeking to modify its financial…

News February 3
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