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AFC Gamma Leads $15.5 Million Debt Deal for Maryland Cannabis Cultivator Evermore

AFC Gamma Leads $15.5 Million Debt Deal for Maryland Cannabis Cultivator Evermore

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...
In South Dakota, the AG and the Governor Are Sparring. What Does this Mean for Marijuana Deregulation in Other States?

In South Dakota, the AG and the Governor Are Sparring. What Does this Mean for Marijuana Deregulation in Other States?

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...
California Governor Signs Legislation to Establish Department of Cannabis Control

California Governor Signs Legislation to Establish Department of Cannabis Control

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...
Michigan Governor Signs Legislation to Regulate Delta-8 THC

Michigan Governor Signs Legislation to Regulate Delta-8 THC

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...
Here Are The Full Details Of The New Federal Marijuana Legalization Bill From Chuck Schumer And Senate Colleagues

Here Are The Full Details Of The New Federal Marijuana Legalization Bill From Chuck Schumer And Senate Colleagues

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...
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