Latest In: Finance

CANADA Canopy Growth
Image depicting financial statements

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
Ademola Oyefeso banking reform Cannabis Regulators of Color Coalition cannabis ufcw cat packer Dama Financial Kevin Sabet Michelle Sullivan SAFE Banking Sen. Jeff Merkley Sen. Steve Daines smart approaches to marijuana U.S. Senate United Food and Commercial Workers United Food and Commercial Workers Union
Image of the Senate wing at the U.S. Capitol buidling

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
banking cannabis banking colorado Financial Institutions Inc. Five Star Bank marijuana banking new york Safe Harbor Financial SHF Holdings
Image of the exterior trim of a generic bank

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
cannabis banking Congress and marijuana marijuana banking SAFE Banking Act
Image of a female hand putting money in a piggy bank bearing a marijuana leaf

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
280E beau whitney cannabis taxes irs marijuana business taxes marijuana taxes Section 280E Whitney Economics
Image depicting marijuana business taxes

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
al harrington Gary Payton NBA marijuana NBA Players Association
Image of a basketball going through a hoop with a scoreboard in the background

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
cultivation dea federal NASDAQ
Image of Drug Enforcement Administration logo sitting atop a U.S. flag

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
cannabis capital cannabis investing cannabis mergers and acquisitions distressed mergers and acquisitions dividend Green Thumb Industries greenlight dispensary John Mueller marijuana capital marijuana mergers and acquisitions
Image depicting an increase in stock prices

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
Board members board of directors Green Thumb Green Thumb Industries maryland wes moore
Image of Wes Moore

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
CANADA Entourage Health Entourage Health Corp. LIUNA LiUNA Pension Fund of Central and Eastern Canada Ontario quarterly report weedmd
Image depicting company financial losses

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
MJBizCon Logo