by InfluencER | Oct 25, 2021 | Investors, Politics and Law
The Internal Revenue Service (IRS) would like to get paid—and it’d help if the marijuana industry had access to banks like companies in other legal markets, an official with the federal department said. She also talked about unique issues related to federal tax...
by InfluencER | Oct 22, 2021 | Investors
The New Hampshire House Criminal Justice Committee rejected proposals Wednesday that would legalize and tax marijuana, and allow people to cultivate up to six plants per household. Get NHPR’s reporting about politics, the pandemic, and other top stories in your inbox...
by InfluencER | Oct 22, 2021 | Investors
Multistate cannabis operator Jushi Holdings secured a $100 million credit facility with a 9.5% annual interest rate to bankroll expansion in the company’s core and targeted U.S. markets. For the funding, Florida-based Jushi tapped a portfolio company of SunStream...
by InfluencER | Oct 19, 2021 | Investors
The second-largest bank in the U.S. is shutting down the account of a research institute that’s federally authorized to cultivate and study Schedule I substances like marijuana and psilocybin mushrooms. Bank of America (BoA) abruptly notified the Scottsdale Research...
by InfluencER | Oct 19, 2021 | Investors, Sales and Operations
In a sign that Europe’s cannabis market is gaining traction, the Frankfurt-based operator of a website that pairs patients with marijuana-prescribing doctors have closed a seed funding round while adding one of the industry’s biggest-name executives to its board. The...
by InfluencER | Oct 18, 2021 | Investors
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a 201,000 square foot industrial...
