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The former owners of Green Dragon, a cannabis company operating in Colorado and Florida, allege in a lawsuit that California-based Eaze defrauded investors, is “close to insolvency”...
Securing capital to fund marijuana-related properties can be a complex and challenging endeavor – especially given the current state of the industry. Equity markets are still...
Everyone is seems is consuming, millennials and Gen Z are slowly turning away from alcohol and cannabis. It is recreationally legal 23 states, medically in 40....
Auxly Cannabis Group and British tobacco giant Imperial Brands agreed to extend by 24 months the maturity date of a debenture worth 123 million Canadian dollars ($94 million),...
The Massachusetts fund intended to advance social equity in the state’s marijuana industry remains unfunded almost a year after it was created. That’s according to the Boston Business...
Mastercard’s new hardline demand that banks and payment processors immediately halt cannabis transactions involving its debit card has upended the marijuana industry and put more licensed...
Financially distressed Canadian cannabis company Aleafia Health has entered creditor protection, shortly after the failure of its attempt to merge with U.S. multistate marijuana operator Red White...
Marijuana advocates in New Jersey are questioning why Curaleaf Holdings is reducing production in a state that has some of the highest cannabis prices in the United States...
The fund was approved by lawmakers last year. A fund created by Massachusetts state lawmakers last year to subsidize equity-owned cannabis businesses there remains empty, according to...
One NASA employee took advantage of small business COVID relief for illegal cannabis operations. An employee of the National Aeronautics and Space Administration (NASA) pleaded guilty...