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December 22, 2021

After credit card giant Visa warned banks and others earlier this month about the misuse of cashless ATMs, several marijuana industry executives now believe retailers will be forced to revert to cash-only sales or to adopt other debit-card payment systems.

That would amount to a logistical headache for potentially thousands of retailers across the nation. But the fallout could be more severe, according to some industry executives.
Marijuana industry lender Chicago Atlantic Real Estate Finance upsized a loan from two banks to $45 million.

The Illinois-based firm said that its financing subsidiary, Chicago Atlantic Lincoln, amended its secured revolving credit facility with “two (Federal Deposit Insurance Corp.)-insured financial institutions.”
Cannabis legalization has taken many paths as it sweeps across the United States. If you want a license, you can get a license in many states.

The licensed businesses make a good living, the quality is generally high, and consumers have a plethora of choices.

Much of the country has access to legal cannabis, so why is the unregulated market still dominant?
MJBiz Factbook: 178 pages of cannabis insights + 41 data charts in one publication
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