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4Front Ventures Announces $22 Million US of New Funding

4Front Ventures Announces $22 Million US of New Funding

by InfluencER | Feb 2, 2022 | Investors

Company announces binding agreement for the sale of its Assets in Pennsylvania and Maryland netting over $18 million the U.S. in cash Company secures $4 million U.S. through private placement Transactions enable the Company to reach cash flow positive in 2020 4Front...
Schumer Gives Update On Federal Marijuana Legalization And Banking In Meeting With Equity Advocates

Schumer Gives Update On Federal Marijuana Legalization And Banking In Meeting With Equity Advocates

by InfluencER | Jan 31, 2022 | Investors

Senate Majority Leader Chuck Schumer (D-NY) held a meeting with a variety of marijuana reform and other advocacy groups last week to discuss social equity issues as he prepares to introduce a much-anticipated cannabis legalization bill this year. While activists...
How Cannabis Investors Should Position During Market Turbulence

How Cannabis Investors Should Position During Market Turbulence

by InfluencER | Jan 31, 2022 | Investors

Stocks, in general, are experiencing their worst January since 2008, and this is weighing heavily on the cannabis sector as measured by the New Cannabis Ventures Global Cannabis Stock Index, which is down over 18% to begin the year. Cannabis stocks are generally...
Financial Regulator Calls Lack Of Banking Access In Cannabis A Serious Market Failure

Financial Regulator Calls Lack Of Banking Access In Cannabis A Serious Market Failure

by InfluencER | Jan 28, 2022 | Investors

Federal financial regulator Rodney Hood noted that marijuana legalization “in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.” By Nicolas Jose Rodriguez During an interview with PBC...
How Does Legal Weed Affect Banking Activity? News Study Has Answers

How Does Legal Weed Affect Banking Activity? News Study Has Answers

by InfluencER | Jan 26, 2022 | Investors

A new study examined how the legalization of cannabis at the state level affects deposits and lending activity of banks in legalizing states. After analyzing bank data over the course of several years, researchers have concluded that recreational cannabis legalization...
Banking Activity Increases In States That Legalize Marijuana, Study Finds

Banking Activity Increases In States That Legalize Marijuana, Study Finds

by InfluencER | Jan 21, 2022 | Investors

While marijuana businesses often struggle to find banks that are willing to take them on as clients due to risks caused by the ongoing federal prohibition of cannabis, a new study found that banking activity actually increases in states that legalize marijuana. The...
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