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Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank. Any financial terms of the deal between the Colorado- and...
The push to pass major federal cannabis banking reform resumes in earnest Thursday during a Democratic-controlled U.S. Senate Banking Committee hearing about the challenges that a largely cash-based...
Marijuana companies paid more than $1.8 billion in federal taxes in 2022 compared to non-cannabis businesses as a result of U.S. tax treatment of the MJ sector, according...
The National Basketball Association’s new collective bargaining agreement does not allow current players to promote cannabis brands, the league clarified to two media outlets. Reports this...
Akerna Corp. is selling its cannabis software platforms for $5 million in cash to a business called MJ Freeway Acquisition Co., after having backed out of a previous...
Canadian cannabis company Entourage Health Corp. reported a net loss of 123.1 million Canadian dollars ($90 million) for its 2022 fiscal year amid declining revenue. Entourage, previously known...
Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to media reports about a new blind trust created...
Bipartisan legislation to reform federal banking laws and allow legal marijuana businesses easier access to financial services has been reintroduced in Congress, boosting cannabis stocks in...
Cookies, among the most well-known American cannabis operators, is accused in separate lawsuits filed by current investors and a onetime business partner of using coercive “strongarm”...
The Nasdaq stock exchange has warned another marijuana company that it could be delisted if it doesn’t comply with the rules. Agrify Corp., a Massachusetts-based cannabis...
