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Image of former Green Dragon employees picketing at the Denver company.

Marijuana operator Green Dragon to cease operations by year-end

Marijuana operator Green Dragon plans to close 17 retail locations in Colorado as well as 39 dispensaries and…

News October 28
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Funding shortage for LED rebates leaves cannabis lighting vendors on hook

A rebate program that encouraged indoor growers to switch to LED lights proved so popular that Xcel Energy…

News October 28
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CPAs offer 280E guidance to Treasury, IRS ahead of marijuana rescheduling

In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs is…

News October 25
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Chicago Atlantic closes on $50 million loan to fund new marijuana investments

Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future…

News October 23
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Cannabis operator Canopy Growth reduces loan term by $100 million

Canadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million…

News October 21
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Cannabis pioneer Sundie Seefried looks at the evolving banking landscape

Sundie Seefried of Safe Harbor Financial discusses what the next decade holds for her company and cannabis banking…

News October 21
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New Delaware law protects banks that work with state’s marijuana businesses

Financial institutions that serve licensed marijuana businesses in Delaware will be protected from state-level prosecution under a bill…

News October 17
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New York City program offers loans to cannabis social equity retailers

New York City has launched a low-interest loan program designed to provide affordable capital to licensed cannabis social…

News October 16
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Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy

San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the…

News October 11
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IM Cannabis announces $1.6 million private placement to repay loan

Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million…

News October 10
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