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CBD Is Expensive: How The Industry Can Re-Think Its Pricing For Consumers
The last two years haven’t been great for the CBD industry. The pandemic cratered in-store sales of CBD. Meanwhile, by choosing not to regulate CBD, the FDA left it in a legal gray area, limiting where it can be sold. If you need evidence of the industry’s...
Missouri warns hundreds of cannabis non operating businesses of license revocation
Last week Missouri’s cannabis regulators issued a stark warning to licensees who, after holding their license for more than a year, are not yet up and running. “We have emphasized with licensees for a while now that extensions beyond September 30 are very unlikely to...
Cannabis Tech Company Headset Raises $1.8 Million
Cannabis data firm Headset has raised $1.825M in a round led by Silverleaf Venture Partners, a private equity investment manager. the company said that this additional funding will accelerate expansion into legal markets and support new opportunities across the...
Green Thumb Industries Has Captured Virginia
Green Thumb Industries (GTI) Inc. is buying Virginia-based Dharma Pharmaceuticals LLC for an undisclosed amount. the acquisition is expected to close in the second half of 2021. Dharma was the first operator to provide medical products to Virginia’s patients in 2020...
The SAFE Banking Act, POSaBIT, and the Future of Marijuana Financial Reform
The SAFE Banking Act recently passed in the House of Representatives by a vote of 321 to 103. It will now go to the Senate. That’s good news! It’s a long past time since the federal government loosened the reins on the burgeoning cannabis industry. The passage of this...
Legal Marijuana May Not Be NYC’s Retail Real Estate Savior
When Gov. Andrew Cuomo signed a bill in late March to legalize recreational marijuana in New York state, many in the cannabis and real estate industries thought dispensaries and on-site consumption lounges might save New York City retail. But the reality will be much...
This Cannabis Company Just Took a Massive Step Toward the Mainstream
Buzzworthy news that can lead to more investing exposure is exciting for under-the-radar companies. On April 20 — which just happens to be known as an unofficial marijuana holiday — Auxly Cannabis Group began trading on the Toronto Stock Exchange. But make no mistake,...
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Monday - Friday: 8:00 AM - 5:00 PM