New York State’s cannabis industry recently hit a huge milestone, surpassing more than $1 billion in retail sales, announced Gov. Kathy Hochul. “Earlier this year, my administration took critic...
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The American Institute of CPAs (AICPA) made recommendations for the U.S. Department of the Treasury and the Internal Revenue Service (IRS) on cannabis businesses in advance of marijuana being reclassi...
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CTrust is launching a cannabis credit scoring platform, available to financial institutions, investors, and business owners. CTrust’s Cannabis Trust Score (CTS) and Report provides a credit score...
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U.S. Sen. Michael Bennet (D-CO) joined a group of Senators to urge the U.S. Senate Committee on Appropriations to provide cannabis businesses with access to Small Business Administration (SBA) program...
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On Thursday, a bill protecting companies that provide financial services to businesses in the legal marijuana industry was introduced in the Delaware General Assembly. House Bill 355, sponsored by...
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Cannabis company Trulieve announced this week it had closed on $25 million in financing and would be opening two medical cannabis dispensaries in Florida. The company said it had closed on a comme...
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A bill that would provide legal cannabis businesses with access to banking and financial services cleared a major hurdle this week as it was approved by the Senate Banking Committee. The Secure and...
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The U.S. Department of Health and Human Services is recommending that the U.S. Drug Enforcement Agency (DEA) move marijuana from Schedule I to Schedule III under the Controlled Substances Act. Sche...
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Two Maryland cannabis product providers are celebrating the start of legal, adult use sales in the state, expressing gratitude for the opportunity to serve consumers. International provider of cons...
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Whitney Economics, a cannabis economics data, consulting and research firm, recently reported that 24.4 percent of domestic cannabis businesses are profitable. "By conducting this survey, Whitney E...
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