by InfluencER | Jul 15, 2021 | Investors
AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC”), a commercial real estate finance company that provides loans to operators in the cannabis industry, today announced that it, along with an affiliate, has provided a credit facility of $15.5 million to The Evermore Cannabis...
by InfluencER | Jul 15, 2021 | Politics and Law
South Dakota is slowly rolling out its newly enacted medical marijuana program (effective July 1, 2021) and it has encountered a significant speed bump. The Flandreau Santee Sioux Tribe opened the state’s first marijuana dispensary on its tribal land and began issuing...
by InfluencER | Jul 15, 2021 | Politics and Law
California Gov. Gavin Newsom signed legislation July 12 to create the Department of Cannabis Control (DCC), which will consolidate the state’s three cannabis regulatory agencies into one. Assembly Bill 141 creates a standalone cannabis regulatory body, which...
by InfluencER | Jul 15, 2021 | Politics and Law
Michigan Gov. Gretchen Whitmer signed multiple cannabis-related bills into law July 13, including one that aims to regulate the sale of delta-8 THC in the state. The cannabis compound has been loosely regulated in the state thus far, MLive.com reported, with gas...
by InfluencER | Jul 14, 2021 | Politics and Law
The first draft of a long-anticipated Senate bill to federally legalize marijuana has been released—and its sponsors are asking for public input to further improve the legislation before it is formally introduced. Senate Majority Leader Chuck Schumer (D-NY), Senate...