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Latest In: Marijuana banking

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Rescheduling alone wouldn’t solve the marijuana industry’s banking problem

Marijuana rescheduling would alleviate certain burdens for regulated operators but would do little to address cannabis banking difficulties.

News August 16
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Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of…

News August 15
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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Cannabis MSO Curaleaf swaps CEOs, stakes out new 280E tax position

Boris Jordan is succeeding Matt Darin as CEO at cannabis operator Curaleaf Holdings, which is taking a new…

News August 8
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Nonpayment is No. 1 reason marijuana firms fail: Q&A with collection expert Brett Gelfand

Brett Gelfand of Cannabiz Collects and Cannabiz Credit Association offers best practices for plant-touching marijuana companies to break…

News August 8
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Leading Democratic senators call for marijuana to be ‘entirely’ descheduled

Marijuana should be removed from the Controlled Substances Act altogether, not just moved to a lower, lesser-policed classification,…

News August 5
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LeafLink acquires Dama Financial’s cannabis banking division

New York-based LeafLink has acquired the assets of Dama Financial's banking division as the cannabis wholesale technology platform…

News July 25
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Marijuana rescheduling proposal generates nearly 43,000 comments

The Biden administration’s proposal to reclassify marijuana elicited nearly 43,000 public comments before a Monday night deadline, and…

News July 23
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Congress might be the quickest path to rescheduling marijuana

Thanks to the Supreme Court’s ruling in Loper v. Bright, rescheduling marijuana will take far longer than it…

News July 19
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Delaware to allow medical marijuana operators to pivot to adult use for $200K

Delaware adult-use marijuana sales will begin by April 2025 if Gov. Jay Carney signs four bills passed by…

News July 8
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