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Cannabis Banking: Swissx Launches California Bank and Farming Program

Cannabis Banking: Swissx Launches California Bank and Farming Program

by InfluencER | Jul 24, 2020 | Sales and Operations

Swissx announced on Thursday it has launched the Swissx Bank of California, an extension of its Swiss-based Bank of Cannabis. Swissx Officials note the bank is set to work in tandem with Swissx’s cooperative farming program, which is based on centuries-old...
Retail marijuana ballot measure in Colorado Springs meets opposition from MMJ

Retail marijuana ballot measure in Colorado Springs meets opposition from MMJ

by InfluencER | Jul 24, 2020 | Politics and Law

On July 23, Colorado Springs Cannabis Association sent a letter to Colorado Springs City Council noting their disapproval about a recent retail ballot measure. The ballot is set to be review by the Colorado Springs City Council on Monday to consider whether to refer...
Proposed LED mandate could cost California’s indoor marijuana growers millions

Proposed LED mandate could cost California’s indoor marijuana growers millions

by InfluencER | Jul 24, 2020 | Production

Many California marijuana growers are upset by a recent proposal before the state Energy Commission that would require all indoor cultivation operators to use only LED lights by 2023. According to marijuana growers, if the proposal was executed, it could cost the...
Marijuana Legalization Excluded From Draft 2020 Democratic Party Platform

Marijuana Legalization Excluded From Draft 2020 Democratic Party Platform

by InfluencER | Jul 24, 2020 | Politics and Law

The Democratic National Committee’s (DNC) released an initial version of the party’s official policy positions this week, and reports show marijuana legalization is excluded. Analysts say the platform mainly aligns with presumptive Democratic nominee Joe Biden’s views...
Cannabis platform LeafLink raises $250M in debt financing

Cannabis platform LeafLink raises $250M in debt financing

by InfluencER | Jul 24, 2020 | Investors, Sales and Operations

LeafLink, a marijuana industry wholesale inventory and ordering platform announced that they have raised $250 million in a credit financing deal. LeafLink officials say the transaction is supposed to help provide liquidity to the cannabis supply chain. The terms of...
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