Cannabis banking numbers slip, but loans might be increasing
The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year,…
News September 8
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Probe clears Maryland medical marijuana licensing of bias
An inquiry into Maryland’s 2019 medical marijuana licensing process found “no evidence of bias or undue influence,” according…
News September 8
Chart: Illinois lottery for retail marijuana licenses raises social equity questions
While Illinois’ plan for increasing social equity in its cannabis industry was heralded as a potential blueprint for…
News September 8
Tips for getting the most out of cannabis industry virtual events
In the coronavirus era, both mainstream and cannabis companies have been forced to move planned in-person events to…
News September 6
Week in Review: US House sets marijuana legalization vote, new Massachusetts rules, MedMen woes & more
The MORE Act, which would deschedule cannabis and thereby legalize it federally in the U.S., is scheduled to…
News September 5
Illinois to hold lottery for retail cannabis licenses later this month
Applicants for retail cannabis licenses in Illinois will be awarded in a lottery later this month, after all…
News September 4
Pennsylvania GOP leader tosses cold water on marijuana legalization plan
One of Pennsylvania’s top-ranking Republicans said lawmakers likely won’t legalize recreational marijuana this fall, despite Gov. Tom Wolf’s…
News September 4
Nevada judge rules cannabis licensing process can proceed
A Nevada judge ruled the state’s marijuana licensing process can resume, with some new retail marijuana stores allowed…
News September 4
Cannabis companies secure fresh funding deals as investors wade back into capital markets
Marijuana businesses have raised hundreds of millions of dollars in recent months, a trend that is expected to…
News September 4
Massachusetts credit union partners with marijuana payment processor
The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a…
News September 3
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