Latest In: Marijuana banking

cannabis debt capital cannabis debt financing Debt financing Delta 9 Delta 9 Cannabis sndl SNDL Inc.
Image of a pile of Canadian 100 dollar bills

SNDL acquires Delta 9 Cannabis debt for CA$28.1 million, agrees to buy Indiva

Canadian marijuana and alcohol company SNDL has acquired the debt of Delta 9 Cannabis for 28.1 Canadian dollars…

News July 8
banking dave joyce David Joyce marijuana banking safer banking
Image of historical-looking white columns blending into images of $100 bills

Cannabis banking protections removed from House budget bill

House Republicans have stripped language containing cannabis banking protections from a federal spending bill, only 10 days after…

News June 17
Andy Harris d.c. d.c. sales dave joyce district of columbia harris rider legal sales marijuana banking marijuana sales safer banking safer banking actt washington
Image of a U.S. flag waving in front of the U.S. Capitol Building

House finance bill would create adult-use sales in DC, marijuana banking

Adult-use marijuana sales could finally begin in Washington, D.C., under a federal budget bill that a Republican-controlled House…

News June 5
280 280-E 280E Biden administration Biden marijuana biden marijuana rescheduling biden rescheduling dea interstate commerce marijuana rescheduling Rahul Gupta rescheduling schedule 3 interstate commerce
Image of police stopping a commercial truck at the state line

Biden drug czar hints at interstate commerce if marijuana is rescheduled

Marijuana rescheduling could allow for “legitimate interstate commerce within the federal system,” the Biden administration’s drug czar said…

News May 28
cannabis reform cannabis rescheduling federal marijuana reform federal rescheduling grow operations inflation price compression SAFE Banking SAFER Banking Act schedule 3
Image of cannabis flower buds on blue background

Opinion: Marijuana industry optimism fueled by operational upgrades

Caught up in the next big announcement, the cannabis industry has overlooked impressive work operators did in 2023…

News May 3
biden marijuana rescheduling dea dea rescheduling marijuana rescheduling rescheduling
Image of a person holding a mobile phone bearing the seal of the U.S. Drug Enforcement Administration with the DEA's website in the background

DEA signs off on marijuana rescheduling, report says, but process not done yet

Tuesday’s revelation that the U.S. Drug Enforcement Administration will loosen federal restrictions on marijuana has major implications for the American cannabis…

News April 30
dea Drug Enforcement Administration Elizabeth Warren marijuana rescheduling
Image of a U.S. flag waving in front of the U.S. Capitol Building

DEA must ‘make good’ on marijuana rescheduling, Democratic lawmakers say

The U.S. Drug Enforcement Administration has offered federal lawmakers a rare glimpse into the ongoing marijuana rescheduling process.

News April 26
marijuana banking maxine waters safer banking SAFER Banking Act schumer Sherrod Brown
Image of a partially open bank vault door with a glowing light emanating from within

‘Now is the time’ for cannabis banking reform, key Democrat says

Federal lawmakers are inching closer to a deal on legislation that could include cannabis banking reform, a leading…

News April 25
cannabis economic impact federal legalization federal marijuana legalization marijuana economic impact MJBiz Factbook total economic impact
Close-up image of a $100 bill with Ben Franklin's eyes peaking through a cannabis leaf

MJBiz Factbook: Marijuana industry will add $112.4 billion to US economy in 2024

The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12%…

News April 24
banking cannabis banking crypto crypto currency Earl Blumenauer SAFE Banking safer banking stablecoin
Image of stacks of $100 bills

Congress could include cannabis banking in FAA, crypto bills

Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.

News April 24
MJBizCon Logo