Latest In: Finance

biden rescheduling congress daines federal legalization lummis marijuana rescheduling rescheduling SAFE Banking safer banking
Image of U.S. Capitol building

Republican marijuana banking sponsors introduce bill to halt MJ rescheduling

Two key Republican senators sponsoring cannabis banking reform are now pushing new legislation to thwart the Biden administration’s…

News September 22
Canada's Business Scale-up and Productivity program FedDev Ontario Federal Economic Development Agency for Southern Ontario GrowerIQ
Image of a circuit board, in red, depicting technology

Cannabis tech company GrowerIQ wins CA$1 million government grant

Cannabis technology company GrowerIQ received a grant worth 1.08 million Canadian dollars ($790,000) to enhance its cannabis tracking…

News September 21
banking banking issues Paychex payroll
Image of a check being handed toward the veiwer

Importance of reliable payroll provider highlighted by vendor aversion to marijuana clients

A marijuana company’s payroll provider should focus on cannabis and not also serve mainstream businesses, MJ executives agree.

News September 21
bridget conry cannabis mergers High Fidelity shayne lynn Slang Worldwide Slang Worldwide CSE
Image of lady justice

Vermont marijuana entrepreneur sues MSO Slang for fraud in merger deal

Executives of Toronto-based marijuana multistate operator Slang Worldwide allegedly hid their financial challenges when negotiating to acquire a…

News September 20
biden cannabis banking Chuck Schumer marijuana banking rescheduling SAFE Banking safer banking Senate
Image of an open bank vault door with gold light shining through

Senate cannabis banking bill unveiled with key vote expected next week

Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup…

News September 20
cannabis rescheduling ETF exchange traded funds marijuana ETF marijuana rescheduling rescheduling Subversive Cannabis ETF Subversive Capital Subversive Capital Advisor
Image of a stock exchange board with a cannabis leaf in the middle

New marijuana ETF hits the market based on rescheduling hopes

A new cannabis exchange traded fund (ETF) has been launched by Subversive Capital Advisor based on the potential…

News September 20
cannabist Columbia Care rebrand The Cannabist Co. The Cannabist Company Holdings
Image of The Cannabist Co. logo

Marijuana operator Columbia Care rebrands as The Cannabist Co.

Major marijuana multistate operator Columbia Care has a new corporate identity after rebranding as The Cannabist Co.

News September 19
Canopy Growth
Image of a pile of Canadian 100 dollar bills

Canadian cannabis producer Canopy Growth raising $25 million

Canadian cannabis producer Canopy Growth Corp. entered into subscription agreements with institutional investors in a private placement offering…

News September 18
capital raise capital raises Columbia Care marijuana capital raise marijuana capital raises
Image of stacks of $100 bills

Marijuana MSO Columbia Care raises $25 million in private placement

New York-based marijuana multistate operator Columbia Care entered into subscription agreements with institutional investors to raise $25 million…

News September 18
High Tide
Image of cannabis buds in the middle of Canadian cash

Cannabis retailer High Tide reports small loss, positive free cash flow

Canadian cannabis retailer High Tide reported positive free cash flow of 4.1 million Canadian dollars ($3 million) for…

News September 15
MJBizCon Logo