Finance: Page 50

Cannabis Industry Awaits U.S. House Vote on the MORE Act

The legislation, likely to be voted on in September, would federally decriminalize cannabis by removing it from the Controlled Substances Act.

Michigan’s 2020 Adult-Use Cannabis Sales Surpass $200 Million

Adult-use sales have generated nearly $35 million in excise and sales tax revenues since the market launched in December 2019.

FSD Pharma Announces Decision to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.

FV Pharma will shut down operations within 30 days.

Nevada Cannabis Compliance Board Revokes Six CWNevada Licenses

The move came at the board’s inaugural meeting July 21.

Guest Column: 8 Things Cannabis Businesses Need to Know About Using Receivership

In this challenging business environment, cannabis operators could find themselves in need of contractual relief from existing debt. Here's what to consider when examining the option to restructure business debt.

Cookies and Veritas: Bringing a Brand to a New Market

The Bay Area-based cannabis brand and Denver cultivator discuss their new partnership.

California Lawmakers Consider Imposing Fines to Combat State’s Illicit Cannabis Market

A new bill would establish fines for businesses that knowingly provide aid, such as building space or advertising platforms, to illegal cannabis operations.

East Fork Cultivars Partners With Steward

The Oregon hemp and cannabis farm launched a fundraising campaign on the new crowd-funding site designed exclusively for farmers.

At SoCal Hemp Co., a Long-Term Plan for Cannabinoid Product Development

Glass House Farms partnered with Cadiz Inc. to learn more about hemp in the desert of California.

Illinois Collects More Than $52 Million in Cannabis Tax Revenue During First Six Months of Legal Adult-Use Sales

The figures shatter Gov. J.B. Pritzker’s budget estimates, which predicted the state would collect $28 million in cannabis tax revenue by June 30.

Penn State Extension Offers Budget Models for Hemp Growers

Three different revenue models offer new and prospective hemp farmers a look at what it takes to run a profitable operation.

Australis Capital Faces Lawsuit Over Planned Property Sale, Pivot from Cannabis Cultivation

Nevada cultivator and manufacturer Green Therapeutics is suing for breach of contract and other claims, while another investor has publicly aired grievances.

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