Finance: Page 79

Oklahoma’s First Year of Medical Cannabis Licensing, Revenue Exceeds Expectations

Eighteen months after legalization, 8% of Oklahomans have a medical cannabis card and the state has licensed more than 2,200 dispensaries.

Colorado Launches Cannabis Banking Reform Efforts

Lawmakers and other state officials have launched several campaigns aimed at providing more guidance and protection for financial institutions that serve the state’s legal cannabis industry.

Illinois Adult-Use Cannabis Sales Reach Nearly $40 Million in January

Over 970,000 items were sold by licensed dispensaries across the state, according to data published by the Department of Financial and Professional Regulation.

Missouri Cannabis Regulators Unable to Access FBI’s National Fingerprint Database

Until the situation is remedied, the state is not able to perform background checks on prospective employees in the industry.

Integrating Lean Management Into Your Business: Q&A with Mason Walker

The co-owner and CEO of East Fork Cultivars discusses the philosophy behind lean management, how it helped improve his business and how others can implement it in their own operations.

Golden Leaf Holdings to Acquire Extractor Tozmoz

The acquisition allows for expanded extraction capabilities to support the company's growth.

Cresco Labs Closes $100 Million Senior Secured Credit Facility

The proceeds from the loan will be used to fund the expansion of operations in Illinois, closing and integration costs associated with pending acquisitions, and other strategic growth initiatives in key markets.

Aurora Cannabis Receives EU GMP Certification for its Aurora River Facility

Aurora now has three EU GMP certified production facilities in Canada.

New Mexico Court Rules Medical Cannabis Producers Can Claim Tax Deduction

A state Court of Appeals ruling allows producers to claim a tax deduction for prescription medication, which could affect both patients’ costs and the state budget.

Judge Rules Cambridge, Mass., Cannot Delay Licensed Medical Cannabis Dispensaries from Entering Adult-Use Market

Saul Ewing’s Zachary Berk discusses the case that the firm’s client, Revolutionary Clinics, brought against the city, and the ruling’s broader impact on the industry.

Adult-Use Cannabis Legalization Bills Advance in New Hampshire and New Mexico, MedMen CEO Steps Down: Week in Review

A New Hampshire House committee approved legislation to legalize the possession and limited cultivation of cannabis this week, while a New Mexico Senate panel voted to advance that state’s adult-use legislation.

Cannabis Dispensary Data Breach: How Can Businesses Protect Their Customers’ Information?

Tens of thousands of customers have been impacted by a data breach linked to a point-of-sale-software company. Here, Matthew Dunn of risk consulting firm Kroll shares cybersecurity tips for the industry.

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