Prospects seem rosier for Senate passage of cannabis banking reform – but no guarantee
The push to pass major federal cannabis banking reform resumes in earnest Thursday during a Democratic-controlled U.S. Senate…
News May 10
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Marijuana industry overpaid $1.8 billion in federal taxes in 2022, analysis shows
Marijuana companies paid more than $1.8 billion in federal taxes in 2022 compared to non-cannabis businesses as a…
News May 8
NBA clarifies that players cannot promote cannabis, but they can invest
The National Basketball Association’s new collective bargaining agreement does not allow current players to promote cannabis brands, the…
News May 5
Cannabis cultivator Bright Green granted DEA production license
The U.S. Drug Enforcement Administration has officially registered publicly traded Bright Green Corp. as a federally licensed cannabis…
News May 3
Marijuana MSO Greenlight’s dividend an apparent first for the industry – and last for now
Missouri-based multistate operator Greenlight Dispensary is believed to be the first big marijuana company to issue a dividend…
News May 3
Maryland gov puts nearly $1.2M of Green Thumb marijuana stock in blind trust
Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to…
News May 2
Cannabis firm Entourage frets about future amid CA$123.1M annual loss
Canadian cannabis company Entourage Health Corp. reported a net loss of 123.1 million Canadian dollars ($90 million) for…
News May 2
Akerna sells cannabis software businesses for $5 million
Akerna Corp. is selling its cannabis software platforms for $5 million in cash to a business called MJ…
News May 1
Reintroduction of SAFE Banking Act in Congress buoys marijuana industry, stock markets
Bipartisan legislation to reform federal banking laws and allow legal marijuana businesses easier access to financial services has…
News April 27
Cannabis company Cookies faces lawsuits alleging kickbacks, personal enrichment
Cookies, among the most well-known American cannabis operators, is accused in separate lawsuits filed by current investors and…
News April 27
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