by InfluencER | May 12, 2022 | Investors
Startups worth watching Payment startups are tapping the cannabis industry with solutions aimed at digitizing the historically cash-dependent sector. CanPay. The Colorado-based startup’s app lets customers at more than 800 cannabis dispensaries make Automated Clearing...
by InfluencER | May 11, 2022 | Investors
Reddit Email 0 Shares There are now eighteen states (plus the District of Columbia) that have legalized recreational marijuana. With weed sales reaching $25 billion in 2021 and that number only expected to grow, the sales tax revenue from the product is starting to...
by InfluencER | May 10, 2022 | Investors
Another financial association is imploring Senate leadership to pass a bipartisan bill to safeguard banks that work with state-legal marijuana businesses. The Independent Community Bankers of America (ICBA), which represents about 50,000 community banks throughout the...
by InfluencER | May 9, 2022 | Investors
Investors gain another entry to marijuana investing thanks to the launch of a new actively managed fund. Foothill Capital Management announced the launch of its new open-end mutual fund, the “Cannabis Growth Fund” (CANNX), on Tuesday (February 26). Eric Banhazl,...
by InfluencER | May 6, 2022 | Investors
Despite all the hardships that come with being in the cannabis business, it hasn’t stopped many from starting their own with the hopes that one day soon, cannabis will finally be federally legal. This article originally appeared on Cannabis.net and has been reposted...
by InfluencER | May 6, 2022 | Investors
Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois. Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois....
