Special purpose acquisition corporation Northern Lights has announced the acquisition of cannabis-focused financial services provider Safe Harbor. Northern Lights and Safe Harbor will be led by Saf...
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California state officials said the Office of Business and Economic Development (GO-Biz) has earmarked $35 million in grant funding as a means of spurring cannabis industry equity initiatives. The ...
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The Federal Reserve Board released the hypothetical scenarios for its annual bank stress tests last week. These tests help ensure that large banks can lend to households and businesses even in a se...
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The U.S. Securities and Exchange Commission (SEC) has proposed new rules related to registered investment advisers and business development companies on cybersecurity risk management. The proposed...
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Minority Cannabis Business Association (MCBA) officials said the organization has partnered with The Arcview Group, Weedmaps, and Parallel to initiate a cannabis equity report and digital research map...
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A recently convened Joint Economic Committee (JEC) Democrats hearing explored efforts to enhance the labor market and empower older workers. JEC Chairman Don Beyer (D-VA) presided over the session ...
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U.S. Reps. Earl Blumenauer (D-OR) and Steve Cohen (D-TN) are urging the Tennessee Valley Authority (TVA) not to cut off its services to state-legal cannabis businesses in Mississippi. “We write t...
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The U.S. Securities and Exchange Commission (SEC) recently proposed rule changes as a means of reducing risks in the clearance and settlement of securities. “These proposed amendments to the secu...
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Credit Union National Administration (CUNA) officials sent a letter to the Senate Agriculture Committee this week, calling upon Congress to ensure that digital ledger technology comes with proper cons...
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A bill recently introduced in the U.S. Senate would eliminate the tax code provision in the American Rescue Plan (ARP) that requires third-party payment platforms to report businesses’ gross transac...
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