Fewer research analysts covering cannabis underscores industry woes
Fewer research analysts are covering the U.S. cannabis industry, which experts say reflects the challenging economic headwinds facing…
News May 24
Latest In: Finance
Marijuana cultivator Bright Green secures $3.5 million private placement
An institutional investor has agreed to buy more than 3 million shares in Florida-based marijuana cultivation company Bright…
News May 23
Cannabis operator Item 9 Labs cutting $3.5M in expenses in restructuring plan
Vertically integrated cannabis producer and retailer Item 9 Labs Corp. has initiated a restructuring plan that includes cutting…
News May 23
Chair of Canada’s BZAM cannabis company invests $3.7 million
Bassam Alghanim, chair of Canadian licensed cannabis producer BZAM, is investing five million Canadian dollars ($3.7 million) in…
News May 19
New California cannabis coalition aims to tackle credit crisis
A group of California cannabis companies have formed a new coalition to raise awareness and provide solutions to…
News May 16
Cannabis producer Canopy Growth to refile financial statements
Canadian cannabis producer Canopy Growth Corp. plans to refile some of its financial statements for the fiscal year…
News May 12
Cannabis groups pleased with SAFE Banking hearing as senators push for expungement
Cannabis industry groups were heartened Thursday to hear bipartisan support from members of the U.S. Senate Banking Committee…
News May 11
Safe Harbor, New York institution create marijuana banking partnership
Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.
News May 11
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
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
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