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Rescheduling alone wouldn’t solve the marijuana industry’s banking problem

Marijuana rescheduling would alleviate certain burdens for regulated operators but would do little to address cannabis banking difficulties.

News August 16
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Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of…

News August 15
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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Florida-based Trulieve hits back over ‘Canadian marijuana company’ claim

Trulieve Cannabis Corp. is the biggest marijuana company in Florida - and, to be clear, it is absolutely…

News August 14
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SNDL agrees to acquire remaining interest in Nova Cannabis

Canadian marijuana producer SNDL will buy the remaining shares of retailer Nova Cannabis for about 40 million Canadian…

News August 13
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Cannabis MSO Curaleaf swaps CEOs, stakes out new 280E tax position

Boris Jordan is succeeding Matt Darin as CEO at cannabis operator Curaleaf Holdings, which is taking a new…

News August 8
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Canadian cannabis operator High Tide secures CA$15 million credit line

Canadian cannabis retailer and e-commerce platform provider High Tide has finalized a credit line of 15 million Canadian dollars…

News August 8
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Nonpayment is No. 1 reason marijuana firms fail: Q&A with collection expert Brett Gelfand

Brett Gelfand of Cannabiz Collects and Cannabiz Credit Association offers best practices for plant-touching marijuana companies to break…

News August 8
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Marijuana MSO Jushi refinances $53 million loan

Jushi Holdings, a vertically integrated, marijuana multistate operator, refinanced a roughly $53 million senior secured credit facility.

News August 7
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Casa Verde leads $2 million seed round for cannabis cultivation platform Growlink

Casa Verde Capital, a Los Angeles investment firm founded by entertainer Snoop Dogg, led a $2 million seed…

News August 6
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