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Indica news
Fintech Partnership Will Offer Lending and Financial Services to Cannabis Operators
Bespoke Financial, the first Fintech lender in the country providing debt financing to cannabis companies, today announced its strategic partnership with PayQwick, the cannabis industry’s most comprehensive treasury and financial services platform. The partnership...
Why New Jersey isn’t starting legal marijuana sales on 4/20
When the New Jersey Cannabis Regulatory Commission announced the start date for recreational marijuana sales in the Garden State last week, you could almost hear the collective frustrated sigh of thousands of cannabis consumers: Why not 4/20? So close, yet so far. New...
Minnesota Hemp License Applications to Close April 30
Minnesota growers or processors looking to cultivate hemp for the 2022 growing season must apply for a license through the Minnesota Department of Agriculture (MDA) by April 30. In addition to the application, first-time applicants must undergo a background check and...
Louisiana House Committee Advances Legislation to Expand Medical Cannabis Access
The Louisiana House Health and Welfare Committee advanced legislation on April 19 to expand medical cannabis access in the state. The committee approved Rep. Joe Marino’s House Bill 758, which would expand the number of medical cannabis pharmacy licenses in the...
American Marijuana Consumers See Investment Opportunities in European Cannabis Sector
According to a survey conducted by Bloomwell Group, a medical cannabis holding company, consumers of marijuana in the United States believe that the widely anticipated legalization of recreational cannabis in Germany will create great opportunities for investment,...
Ohio Lawmakers Introduce Citizen Cannabis Bill That Competes With Their Own Adult-Use Bill
Ohio state Reps. Casey Weinstein, D-Hudson, and Terrence Upchurch, D-Cleveland, are already sponsoring an adult-use legalization bill, but that didn’t stop them from filing similar legislation on behalf of those whom they represent. The northeast Ohio Democratic duo...
Marijuana Trafficking Is Changing At US-Mexico Border — Here’s How
While the DEA did not outright attribute recreational marijuana legalization to the decrease in trafficked weed over the U.S. border, there is certainly a connection to be made. The United States and Mexico border has made front-page news daily for nearly a decade for...
Congressman Urges Senate To Pass Marijuana Banking Bill As ‘Icebreaker’ To Broader Reform
The sponsor of a bipartisan bill to protect banks that work with state-legal marijuana businesses sent a letter to Senate leadership on Tuesday, imploring the chamber to action on the reform on the one-year anniversary of the House’s latest passage of the measure in...
Cannabis sinks amid weed glut, Congress’ inaction
The nation’s marijuana industry has boomed during the pandemic. So far, 2022 is looking like a bust. Weed sales hit $27 billion last year, nearly doubling figures from just two years earlier — and revenues are projected to double again over the next six years. Even...
Looking Ahead to Adult-Use Sales, Connecticut Cannabis Business Take Stock of What’s Needed
On April 20, more attention than usual is paid to the power of cannabis. And, already, in states like Connecticut, where an adult-use market has been given the green light by voters, cannabis gets a lot of attention. Adult-use sales are expected to begin...
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