Finance: Page 16

New York Senator Introduces Cannabis Banking Bill

Sen. Jeremy Cooney has introduced the first of two bills meant to address banking in the state’s cannabis industry.

Pennsylvania Senate Approves Cannabis Banking Legislation

Senate Bill 1167, which would allow financial institutions and insurers to provide services to the state’s medical cannabis businesses, has advanced to the House.

Curaleaf Signs Agreement With WB Canna Co. & Wellness

The distribution agreement will bring Select CBD and Curaleaf Hemp to the Caribbean, Latin America and travel retail.

Tacoma Cannabis Dispensary Now Offering Cash-Free Payment Option

Mary Mart rolled out a new transaction system weeks after a string of fatal robberies in the western part of Washington.

Montana’s Adult-Use Cannabis Sales Reach Nearly $16 Million in March

March sales were the highest since the state launched adult-use sales in January.

Mississippi Signs Deal With Texas-Based Tyler Technologies for Medical Cannabis Licensing

The five-year deal will allow the digital government solutions and payment provider to incorporate a unified platform for the state’s cannabis licensing needs.

These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021

Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart.

Pennsylvania Cannabis Banking Bill Receives Unanimous Committee Support

The legislation would authorize financial institutions and insurers to provide services to the state’s medical cannabis businesses.

New York’s Women-Led Etain Health Acquired by RIV Capital for $247 Million

The deal represents an "important foundation" for The Hawthorne Collective and ScottsMiracle-Gro, which have strategic ties to the investment firm, to "participate in the larger [cannabis] marketplace as the legal and regulatory environment evolves.”

Trulieve Caps Transformational Year With Record Fourth Quarter and Full Year 2021 Results

The company recorded $938.4 million in revenue for the year, an 80% increase, and a quarterly revenue of $305.3 million, up 36% sequentially.

El Paso to Boost Small New Mexico City’s Adult-Use Market

Sunland Park, a small border town, is positioned to reap the retail benefits of being located next to Texas’ sixth largest city.

Tucson’s Special Zoning Rules for Social Equity Dispensaries Could Take Six Months

The city’s intent is to bring business and commerce to communities impacted by prohibition following Arizona’s lottery for social equity licenses.

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