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Cannabis Banking: All Businesses are Marijuana Related Businesses

Cannabis Banking: All Businesses are Marijuana Related Businesses

by InfluencER | Feb 28, 2022 | Investors

Over eight years ago, the Financial Crimes Enforcement Network published the FinCen Memorandum of February 14, 2014 (“FinCen Memo”). FinCen is a Bureau within the U.S. Department of Treasury. Its mission is to combat money laundering and financial crimes....
USDA Survey Reveals Hemp Market Reached $824M Valuation in 2021

USDA Survey Reveals Hemp Market Reached $824M Valuation in 2021

by InfluencER | Feb 28, 2022 | Investors

This week, the U.S. Department of Agriculture (“USDA”) revealed that the value of the hemp market in 2021 reached $824 million. The survey is the first federal study into the hemp sector, and the analysis is meant to be used as a benchmark for the sector’s economic...
The risky financial deals that shook up one of America’s most promising weed companies

The risky financial deals that shook up one of America’s most promising weed companies

by InfluencER | Feb 23, 2022 | Investors

iAnthus thought Gotham Green Partners was providing a financial lifeline, but the investment firm is now poised to seize control of the company. In the heady days of the green rush, iAnthus emerged as one of the most ambitious U.S. companies seeking to cash in on the...
This new funding platform wants to help cannabis companies promote themselves

This new funding platform wants to help cannabis companies promote themselves

by InfluencER | Feb 22, 2022 | Investors

Financing and advertising have often been tricky arenas for cannabis companies to navigate in states that have legalized marijuana. (Click here for Benzinga article) Unlike well-known brands such as Nike Inc. or Anheuser Busch InBev’s Budweiser, there have been...
Leading European Medicinal Cannabis Company Kanabo Buys National GP Online Service to Improve Last Mile for Patients

Leading European Medicinal Cannabis Company Kanabo Buys National GP Online Service to Improve Last Mile for Patients

by InfluencER | Feb 22, 2022 | Investors

Kanabo, the European medicinal cannabis company focusing on the development and distribution of cannabis-derived products for medical patients and wellness CBD consumers, has purchased The GP Service (GPS), one of the leading private telemedicine and online primary...
Wells Fargo Analyst Says Federal Marijuana Testing Mandate To Blame For Trucker Shortages And Rising Costs

Wells Fargo Analyst Says Federal Marijuana Testing Mandate To Blame For Trucker Shortages And Rising Costs

by InfluencER | Feb 18, 2022 | Investors

A top Wells Fargo analyst says that there’s one main reason for rising costs and worker shortages in the transportation sector: federal marijuana criminalization and resulting drug testing mandates that persist even as more states enact legalization. Chris...
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