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...

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...

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...

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...

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...

Infused beverage company and celebrity favorite Cann announced a $27 million Series A funding round coming from fresh institutional capital as well as existing investors like Imaginary Ventures who added to its original investment. Cann was launched in 2019 and raised...