Congress urged to allow legal marijuana businesses access to bank services
Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system…
News February 14
Latest In: Finance
Craft cannabis firm Flow Kana closes record $125 million funding round
California-based marijuana producer and distributor Flow Kana closed a $125 million funding round - which appears to be the…
News February 14
After string of successes, multistate cannabis firm MedMen forced to confront adversity
MedMen Enterprises has been hit with three lawsuits that, combined, seek hundreds of millions of dollars in damages.
News February 14
Weekly Deal Watch: International, adult-use markets attract marijuana money
From Colombia to Italy, international cannabis firms are attracting investments from Canadian companies looking to further develop their…
News February 13
Congressional hearing on marijuana banking boosts industry hopes for reform, but passage far from assured
Major issues facing the cannabis industry, such as limited access to banking services, have stalled in Congress without…
News February 13
Cannabis tech firm MassRoots to acquire logistics business COWA Science for $5.8M
Marijuana technology firm MassRoots - which has been struggling financially - said it agreed to acquire COWA Science, a cannabis-focused…
News February 12
How Canadian firms and money are shaping US cannabis sector: Q&A with The Apothecarium’s Ryan Hudson
Ryan Hudson co-founded The Apothecarium in San Francisco in 2011. On Monday, he agreed to sell the retail company and…
News February 12
San Francisco cannabis retailer acquired by Canada’s TerrAscend for $118M
Canadian marijuana firm TerrAscend announced it will acquire California-based The Apothecarium in a deal worth more than $118…
News February 11
Auxly, FSD Pharma end cannabis cultivation venture over contractual disputes
Auxly Cannabis Group, a vertically integrated marijuana company in Vancouver, British Columbia, said Thursday it is ending a…
News February 7
Marijuana companies seeking loans must be careful to avoid the trap of predatory lenders
Predatory lending, which gained special notoriety during the early 2000s, can debilitate a marijuana entrepreneur who's trying to…
News February 7
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