Tag: CBT > Business Issues/ Benchmarks > Finance: Page 27

Finance

Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a California Cannabis Company

Urbn Leaf CEO Ed Schmults will be named CEO of StateHouse.

December 13, 2021

Legislation and Regulation

California Senator Plans to Introduce Bill to Eliminate State Cultivation Tax

Senator Mike McGuire and others are concerned the state’s industry is on the trajectory of market collapse.

December 9, 2021

Finance

Cannabis Business Times and Hemp Grower Magazines Announce Editorial Promotions

To support the growth of the award-winning brands, Patrick Williams will serve as managing editor of Cannabis Business Times, and Andriana Ruscitto will serve as associate editor of Hemp Grower.

December 9, 2021

Finance

San Francisco Suspends Cannabis Business Tax Through December 2022, Citing Strength of Illicit Market

City supervisor Rafael Mandelman said the tax suspension would help licensed businesses compete and, ideally, thrive against the pull of the illicit market.

December 9, 2021

Finance

Tilray Will Acquire Breckenridge Distillery, With Plans for THC-Infused Spirits in U.S.

The company's plan is to “leverage [a] growing portfolio of U.S. CPG brands to launch THC-based product adjacencies upon federal legalization in the U.S."

December 9, 2021

Mergers and Acquisitions

Cowen Analysts Track Cannabis Market Trends in New Report

The investment bank’s ‘THEMES 2022’ handbook provides data, opinions and forecasts about the cannabis industry, from lobbying efforts to MSO expansions.

December 8, 2021

Banking Bill Cannabis Industry

Legislators Drop SAFE Banking From Defense Spending Bill

A newly published version of the legislation excludes cannabis banking reform language that had been previously included.

December 7, 2021

Interviews & Opinion

9 Trends and Predictions for the Cannabis Industry in the New Year

We predict that 2022 will be another favorable, yet unpredictable, year for the cannabis industry, which is expected to hit $30 billion in sales.

December 6, 2021

Finance

New Mexico Approves Public Financing for Licensed Cannabis Microbusinesses

The $5-million program will provide business loans of up to $250,000.

December 3, 2021

Finance

Planet 13 Announces Q3 2021 Financial Results

The company announced its financial results for the three-month and nine-month period ended Sept. 30.

November 29, 2021

Finance

Bipartisan Group of U.S. Senators Urges Congressional Leaders to Keep SAFE Banking Act in Defense Spending Package

Lawmakers are encouraging members of the Armed Services Committees in the House and Senate to keep the banking legislation in the final version of the National Defense Authorization Act for Fiscal Year 2022.

November 24, 2021

Finance

Q3 Earnings Reports Show Slower Growth, But Plenty of Momentum Alongside Reform Proposals

The marquee names in big cannabis had another solid quarter. Despite sequential growth slowdowns, new markets and legislation in 2022 could take the industry to new highs.

November 23, 2021