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Latest In: Finance

Bright Green Bright Green Corp. dea Drug Enforcement Administration EB-5 Immigrant Investor Visa Program florida medical cannabis new mexico private placement research
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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
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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
BZAM Green Organic Dutchman Holdings Matt Milich TGOD
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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
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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
CANADA Canopy Growth
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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
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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
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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
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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
al harrington Gary Payton NBA marijuana NBA Players Association
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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
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