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Indica news
Rhode Island Lawmakers Near Marijuana Legalization Deal, But Governor Not Sold On Key Provision
Key Rhode Island lawmakers say they are nearing an agreement on a marijuana legalization bill that they plan to introduce within days. But one part of the deal might jeopardize support from the governor. Legislators have been in talks for months to reconcile competing...
Cannabis REIT AFC Gamma Raises $61.5 Million Selling Shares at $20.50
AFC Gamma, Inc. (“AFC Gamma”), a commercial real estate finance company that provides loans to operators in the cannabis industry, today announced the pricing of its underwritten public offering (the “Offering”) of 3,000,000 shares of its common stock at a public...
Cannabis Banking Defeat In Congress Opens Opportunity For Equity-Centered Approach (Op-Ed)
Last month, congressional leaders eliminated cannabis banking provisions that had been attached to a large-scale defense bill by the House. Supporters of the Secure and Fair Enforcement (SAFE) Banking Act in its current form were upset, with...
Connecticut Marijuana Business License Applications Will Be Accepted Starting Next Month, Officials Announce
Connecticut regulators announced on Tuesday that they will start accepting certain marijuana business license applications at the beginning of next month. The news follows a meeting of the state’s Social Equity Council (SEC), where members approved a...
Rhode Island Lawmakers Near Marijuana Legalization Deal, But Governor Not Sold On Key Provision
Key Rhode Island lawmakers say they are nearing an agreement on a marijuana legalization bill that they plan to introduce within days. But one part of the deal might jeopardize support from the governor. Legislators have been in talks for months to reconcile competing...
Pennsylvania Gov tells lawmakers to stop stalling legalization, but will it help?
In late December, Pennsylvania Gov. Tom Wolf took to Twitter to light a fire under the state legislature to end cannabis prohibition statewide. “Pennsylvanians have spoken, and they want to see us legalize recreational marijuana,” Gov. Wolf wrote via his...
Fewer People Charged For Weed Possession In Ireland Due To New Warning Scheme
According to the College of Psychiatrists in Ireland, some 45,000 people between the ages of 15 and 34 meet the criteria for marijuana dependence. In 2021, fewer people in Ireland were charged or issued a summons for possessing drugs following the introduction of a...
Aurora Cannabis Delivers Largest Shipment to Israel
In a press release sent out today, Aurora Cannabis Inc. announced that they have delivered a C$10 million shipment of medical cannabis to Israel, the company’s largest shipment to date and possibly the largest cannabis import in Israel’s history. Aurora Cannabis Inc....
$200M Cannabis and Marijuana Lending Fund Established by the StandardC Network
StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC platform. This...
Emerald Holdings Buys MJBiz For $120M, Signaling Widespread Acceptance Of Booming Cannabis Industry
MJBiz confirmed Tuesday it has been acquired by the New York-headquartered b2b event and media company Emerald Holding Inc. for $120 million in cash plus potential earnouts. The deal includes MJBiz Con, one of the oldest and largest cannabis-focused trade shows, as...
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