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Another Financial Association Pushes Senate To Pass Marijuana Banking Reform
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...
Cannabis banking is booming despite federal uncertainty
Small banks are gaining confidence Cannabis companies may not be able to work with the JPMorgan Chases and Citigroups of the world anytime soon, but that hasn’t stopped small banks from flooding into the space. On the surface, it would seem that the industry’s...
Investors Increasingly Seek Cannabis Debt Investment As An Opportunity To Diversify
The traditional business debt financing option is now fueling the future of cannabis, offering strategic returns for investors More frequently than not, cannabis investors have typically been focused on equity investments. Early believers dove into the space,...
Oklahoma State Bank Selects Shield Compliance As Cannabis Banking Partner
Shield Compliance, a compliance management platform for cannabis banking, announced a partnership with Oklahoma State Bank (OSB) to improve the functionality and scalability of its cannabis banking program. Under the agreement, OSB will implement Shield’s solutions to...
Should Louisiana break up medical marijuana monopolies to lower prices?
When Louisiana's first legal smokable medical marijuana was made available on Jan. 1, patients like Corbet King of Wisner were excited about the product that they believed would be a more affordable option than tinctures, oils and edibles. After all, affordability was...
Aurora Cannabis Delivers ~$10 Million Shipment of Medical Cannabis to Israel
Aurora Cannabis Inc. (the “Company” or “Aurora”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the delivery of a cannabis shipment worth approximately C$10 million – the company’s largest-ever shipment...
Cannabis-Cautious Financial Regulators Delay UK Cultivator’s London Stock Exchange Plans
Hellenic Dynamics, set to become the first ever cannabis cultivation company to list on the London Stock Exchange (LSE), is now planning to launch its IPO later this month. The Greek cultivator announced its intention to list on the Standard segment of the LSE’s main...
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