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Marijuana Banking Push Set To Be Revived As Congressional Leaders Appoint Negotiators On Large-Scale Manufacturing Bill
With congressional leaders appointing key lawmakers to negotiate the final form of a broad manufacturing and innovation bill in recent days, many advocates and stakeholders are hopeful it will be the vehicle to finally enact protections for banks that work with...
Kanabo Signs Agreement to Acquire Materia and Create Europe’s Largest Public Cannabis Company
Kanabo Group Plc (“Kanabo”), the first medical cannabis company to IPO on London Stock Exchange, has signed a Letter of Intent to acquire Materia, a leading processor and distributor of medical cannabis and CBD wellness products across Europe. Kanabo’s Board of...
Cannabis Lobbying Spend Bounces Back
For the first time since late 2019, lobbying spending at the federal level by cannabis-focused entities has jumped. As Cannabis Wire previously reported, the spending peak of just over $2 million in Q4 2019 mapped against the passage of the SAFE Banking Act in the...
High Tide Continues Rapid Expansion into United States
High Tide Inc. a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that its pursuit to dominate the e-commerce marketplace for consumption accessories and merchandise, especially...
The CanCoin – And Its Backers’ Ambitions To Become Europe’s ‘Cannabis Central Bank’
Successful Swedish crowdfunding entrepreneur Daniel Daboczy has turned his attention to cannabis with the launch of The CanCoin digital currency. Mr. Daboczy made his name with the FundedByMe platform which launched in 2012. It has supported over 650 companies,...
Silver Spike Investment Corp. Announces Proposed Initial Public Offering
Silver Spike Investment Corp. (“SSIC”), a newly-organized closed-end management investment company that has elected to be treated as a business development company, plans to make an initial public offering of 10,714,286 shares of its common stock. The price for the...
These 3 Cannabis Companies Are Poised for Big Gains
For Cresco Labs, Curaleaf Holdings, and Green Thumb Industries, revenues are soaring. Jefferies recently initiated coverage for all three with buy ratings and ambitious price targets. It's been said a hundred times: The legal cannabis industry in the U.S. is here to...
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