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Latest In: Finance

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LeafLink acquires Dama Financial’s cannabis banking division

New York-based LeafLink has acquired the assets of Dama Financial's banking division as the cannabis wholesale technology platform…

News July 25
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Marijuana rescheduling proposal generates nearly 43,000 comments

The Biden administration’s proposal to reclassify marijuana elicited nearly 43,000 public comments before a Monday night deadline, and…

News July 23
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Congress might be the quickest path to rescheduling marijuana

Thanks to the Supreme Court’s ruling in Loper v. Bright, rescheduling marijuana will take far longer than it…

News July 19
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European cannabis firms banking on higher IPOs in US upon rescheduling

A growing number of European cannabis startups are considering initial public offerings in the United States, where they…

News July 18
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Half of eligible marijuana social equity retailers in Illinois at risk of losing licenses

Five years after establishing one of the first state-run social equity programs, only half of Illinois' eligible marijuana…

News July 18
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Canadian cannabis operator SNDL implements restructuring plan

Canadian cannabis and alcohol company SNDL is implementing wide-ranging cost-cutting measures to reduce expenses and improve efficiencies.

News July 16
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Cannabis MSO Ascend seeks ‘financial flexibility’ via $235M private placement

Cannabis multistate operator Ascend Wellness Holdings said it's received commitments to raise $235 million in a private placement.

News July 15
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What to do when your marijuana business goes up in smoke

Bankruptcy hasn’t been an option for most marijuana companies, but restrictions do not apply to Chapter 15, or…

News July 12
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Illinois races to $1 billion in cannabis sales faster this year than in 2023

Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this…

News July 11
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Cannabis tech provider Lucid Green raises $1.4 million for expansion

Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to…

News July 11
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