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Tag: cannabis sector

Go Ahead and Swipe or Tap Your Card to Pay for Those Pre-Rolls and Gummies – First Citizens Bank Jumps into Marijuana Banking

A noteworthy milestone has been reached by First Citizens Bank, the largest bank known to interact with the cannabis sector. First Citizens firm is...

Schwazze Appoints Forrest Hoffmaster Interim Chief Executive Officer

DENVER – Medicine Man Technologies, Inc., operating as Schwazze, today announced that Forrest Hoffmaster, the Company’s Chief Financial Officer, has been appointed to the additional...

Aurora Cannabis Expands its Holdings with Acquisition of MedReleaf Australia

Aurora Cannabis, one of the leading cannabis companies in the world, has recently announced its expansion into the Australian market with the acquisition of...

We Were Wrong, No Crime or Problems Created with Weed – State Refunds $1.2 Million in Social Impact Fees to Cannabis Dispensary

Massachusetts Town Returns $1.2 Million in impact fees to marijuana business In a potentially groundbreaking agreement, Caroline's Cannabis, a marijuana company based in Massachusetts, has...

Colorado Cannabis Sales Hit a New Low Not Seen Since February of 2017 – The Cannibalization of the Cannabis Consumer

Colorado's medicinal marijuana industry continued to deteriorate in November 2023, with sales amounting to just $14.5 million, an 11.5% fall from the same month...

Petalfast Secures $8M in Strategic Financing to Drive Accelerated Growth

IRVINE, Calif. —Petalfast, a leading national sales, marketing and distribution platform for the cannabis industry, announced it has closed approximately $8 million in non-dilutive...

The Booming International Cannabis Trade – Germany, Australia, Israel, and the UK are All Importing Canadian Medical Marijuana

There is a scent of reinvention that floats across the Atlantic to touch British shores. One of the leading Canadian producers of greenhouse cannabis,...

State Starts Undercover Sting Operation to Bust Medical Marijuana Dispensaries? – Oklahoma Approves Secret Agent Missions

Oklahoma has enacted a recent law granting regulatory authority to oversee a covert evaluation initiative for medical marijuana dispensaries. Officially known as House Bill...

Shiny Health & Wellness Files Third Quarter Fiscal 2024

TORONTO – Shiny Health & Wellness Corp. (TSXV: SNYB) is pleased to release its third quarter fiscal year 2024 financial results for the three months...

The Top 10 Cannabis Stories of 2023 – The Lack of Federal Legalization Continues to be the Elephant in the Room

Reginald Reefer’s Top 10 of 2023 – Cannabis Yearly Round up! As we’re coming to the end of 2023, I think it’s “high time” to...

The End of Big Alcohol Is Coming? – Cannabis Use vs. Alcohol Use Is Almost Dead Even Now in the 18 to 25 Year-Old...

A recent analysis by TD Cowen's analyst, Vivien Azer, sheds light on a shift in consumer behavior, highlighting the competition between legal cannabis and...

Medical Cannabis Platform for Innovation and Research receives license for

Medical Cannabis Platform for Innovation and Research (MCPIR), a platform for licensed cannabis producers and investors, has received a license for long-term research into...

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