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Finance: Page 24
Fluresh Lands $25-Million Note From Federally Regulated Bank
The hefty loan signals another degree of normalization for an industry poised on the edge of impending bank reform.
Bankers Associations From All 50 States Urge Senate Leadership to Pass SAFE Banking Act
Members of the American Bankers Association and state bankers associations sent a letter to lawmakers April 28, asking them to include the SAFE Banking Act in the America COMPETES Act.
New Jersey Reveals Sales Figures for First Day of Adult-Use Cannabis
More than 12,400 customers spent roughly $150 per transaction when 12 state retail locations opened up for adult business last week.
Debt Markets and Cannabis Firms Find Each Other
Amid sagging equity valuations, growers find a ready funding source in private-placement bonds.
Canopy Growth Announces Cost-Cutting Initiatives, Layoffs
The Canadian cannabis producer plans to cut 250 jobs as it further streamlines the organization in its quest to achieve profitability.
Maine Governor Signs Legislation to Reimburse Cannabis Municipalities $20K
The money is to help cover expenses associated with opting into the state’s adult-use cannabis program.
Cannabis Excise Tax Revenue Outpacing Alcohol in 7 States
And yet tobacco remains the leader of the sin tax pack in the U.S.
Michigan Dispensaries Break 4/20 Sales Records
Michiganders celebrated the holiday by purchasing more than 2.3 tons of flower and 140,000 vape cartridges, spending over $15.5 million.
3 Tips for Cannabis Businesses Looking to Shore Up Some Cybersecurity Protection
With cyberattacks on the rise, what’s a cannabis business to do?
5 Steps to Mitigate Greenwashing Risks (and Why You Should Pay Attention)
A host of legal risks exist for companies that misrepresent or fail to disclose material environmental, social, and governance issues.
New Jersey Adult-Use Cannabis Sales Have Commenced
Gov. Murphy says getting the commercial sales launch “right the first time” was the state’s focus.
Treez Secures $51 million in Series C Funding, Now Valued at $260 Million, Driven by Rapid Growth
Treez will use the funding to fuel its aggressive sales growth and accelerate product innovation.
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