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Why Are So Many Cannabis Businesses Losing Money Hand Over Fist?
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...
Identifying The 3 Biggest Challenges Facing The Cannabis Industry Heading Into 2022
Given the sales numbers marijuana has posted over the course of the past year, it’s hard to imagine that there were any obstacles at all to overcome. The cannabis industry was a force to be reckoned with during both 2020 and 2021. In fact, the legal cannabis...
Corporate Cannabis Takeover? Assessing 5 Big Industries Already At The Table
As more big business movers and shakers appear to be ratcheting up their incursions into the cannabis industry, industry advocates are stepping up their defense. In March, the U.S. saw the creation of a federal lobbying group – the Coalition for Cannabis Policy,...
KEY Investment Partners Announces $30 Million Final Close of Cannabis-Focused Venture Fund
KEY Investment Partners LLC (“KEY”) today announced the closing of its cannabis-focused venture fund (“The Fund”) with approximately $30 million in aggregate capital commitments. KEY Investment Partners provides strategic capital to high-growth companies that are...
Village Farms International to Voluntarily Delist from Toronto Stock Exchange; Shares to Remain Listed on Nasdaq 6
Village Farms International, Inc. today announced that it has applied and received approval for voluntary delisting of its common shares from the Toronto Stock Exchange (“TSX”). With Village Farms’ common shares being listed on the Nasdaq Capital Market (“Nasdaq”)...
Canopy growth divest German pharmaceutical subsidiary at massive discount to 2019 acquisition price
Canopy Growth Corporation has entered into an agreement to divest its subsidiary business, C3 Cannabinoid Compound Company GmbH (“C3”), to Dermapharm Holding SE, a European pharmaceutical company headquartered in Grünwald, Germany. The C3 business develops and...
Visa Warns It Will Crack Down On Cashless ATM ‘Scheme’ By Cannabis Retailers
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...
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