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Visa Warns It Will Crack Down On Cashless ATM ‘Scheme’ By Cannabis Retailers

Visa Warns It Will Crack Down On Cashless ATM ‘Scheme’ By Cannabis Retailers

by InfluencER | Dec 14, 2021 | Investors

The company is “aware of a scheme” in which retailers are utilizing cashless ATMs to avoid limitations on the types of sales for which payment cards are allowed to be used. By Nina Zdinjak The burgeoning recreational marijuana industry — illegal at the federal level...
Cannabis Equity And The Promise Of Reparations For The War On Drugs

Cannabis Equity And The Promise Of Reparations For The War On Drugs

by InfluencER | Dec 13, 2021 | Investors

The growing acknowledgment that the War on Drugs targets Black and brown communities provides an opportunity to employ race-conscious measures that give reparations to BIL communities. In just a few years cannabis transformed from an illicit product to the 5th most...
Cannabis company CannTrust enters creditor protection, stock halted

Cannabis company CannTrust enters creditor protection, stock halted

by InfluencER | Dec 10, 2021 | Investors

Marijuana producer CannTrust Holdings Inc. said Tuesday that it had obtained an initial order from a Canadian court to protect it under a law there that allows companies to avoid bankruptcy. The New York Stock Exchange halted trading U.S. shares of CannTrust and...
Cannabis REIT Chicago Atlantic Raises $100 Million in NASDAQ IPO

Cannabis REIT Chicago Atlantic Raises $100 Million in NASDAQ IPO

by InfluencER | Dec 8, 2021 | Investors

Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”), a commercial real estate finance company, announced today that it has priced its initial public offering of 6,250,000 shares of its common stock at a public offering price of $16.00 per share. Chicago...
South African cannabis company lists on German Stock Exchange

South African cannabis company lists on German Stock Exchange

by InfluencER | Dec 7, 2021 | Investors

JSE-Listed investment holding company Labat Africa has listed its shares as a dual listing on the Frankfurt Stock Exchange (FSE). Labat listed on the Johannesburg Stock Exchange in 1996, repositioned, and made a strategic shift to become a fully integrated cannabis...
Marijuana Company of America Inc. (MCOA) Leverages Strategic Partnerships to Facilitate Growth Within the Industry

Marijuana Company of America Inc. (MCOA) Leverages Strategic Partnerships to Facilitate Growth Within the Industry

by InfluencER | Dec 3, 2021 | Investors

The cannabis industry just celebrated its second-largest holiday of the year – Green Wednesday, the industry’s very own “Black Friday.” According to software company Akerna’s figures, the sale of legal cannabis products during the four-day holiday (November 24-27) is...
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