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Marijuana banking reform still needed if rescheduling occurs, report says

Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new…

News August 28
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December marijuana rescheduling hearing prompts anger, stock sell-off

For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday…

News August 28
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Marijuana MSO Ascend appoints new CEO, CFO in leadership shake-up

Two key executives are out at Ascend Wellness Holdings as the New York-based marijuana multistate operator struggles with…

News August 27
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The Cannabist Co. selling Florida medical marijuana grows, dispensaries for $16.4M

New York-based The Cannabist Co. is selling all 14 of its Florida medical marijuana dispensaries and three cultivation…

News August 23
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Cannabis company TerrAscend to repurchase $10 million in shares

The board of TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, authorized management to repurchase $10 million…

News August 20
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AFC Gamma provides credit totaling $18 million to 3 cannabis operators

AFC Gamma, a real estate investment trust, has set up or expanded credit facilities totaling more than $18…

News August 19
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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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