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Dama Financial Raises $12.6 Million to Expand Financial Solutions Offerings to Cannabis Operators

Dama Financial Raises $12.6 Million to Expand Financial Solutions Offerings to Cannabis Operators

by InfluencER | Apr 26, 2021 | Investors

Dama Financial (“Dama”) the premier provider of access to banking and payment solutions through its FDIC-insured banking partners for the rapidly growing legal cannabis industry, today announced the completion of its $12.6 million Series B funding round, bringing...
Pot stocks head higher after House’s passage of SAFE Banking Act

Pot stocks head higher after House’s passage of SAFE Banking Act

by InfluencER | Apr 26, 2021 | Investors

Marijuana companies’ stocks headed higher in the extended session Wednesday after the U.S. House of Representatives passed legislation that could help U.S. cannabis operators. Aurora Cannabis Inc. gained more than 5% in after-hours trading, Canopy Growth Corp....
Medical Cannabis Firm Sues Oklahoma over Tracking System

Medical Cannabis Firm Sues Oklahoma over Tracking System

by InfluencER | Apr 26, 2021 | Sales and Operations

A DR Z Leaf dispensary in the state of Oklahoma recently filed a suit in an attempt to stop the execution of a cannabis tracking program in the coming weeks. The litigation, which was filed by the medical cannabis operator, also disputes whether the state’s Department...
Florida Supreme Court Kills 2022 Marijuana Legalization Initiative That Hundreds Of Thousands Had Signed

Florida Supreme Court Kills 2022 Marijuana Legalization Initiative That Hundreds Of Thousands Had Signed

by InfluencER | Apr 23, 2021 | Politics and Law

The Florida Supreme Court has dealt a critical blow to marijuana activists working to legalize marijuana in the state—killing an initiative that hundreds of thousands of voters have already signed and forcing them to start all over again if they want to make the 2022...
Legalization Bid Boost Outlook for the Cannabis Industry

Legalization Bid Boost Outlook for the Cannabis Industry

by InfluencER | Apr 23, 2021 | Sales and Operations

Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of Representatives passed a bill that would make it easier for cannabis companies to do business in states where sales are legal. The vote on the Secure...
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