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A growing number of marijuana businesses are taking advantage of a tax strategy that might reduce the costly financial burden imposed by Section 280E of the...
Housing Works Cannabis Co., the first adult-use retailer to open in New York, generated about $12 million in sales in the first six months of operations. Conversion rates,...
The sudden departure of the Massachusetts Cannabis Control Commission’s executive director puts the organization “in crisis,” according to the agency’s chair. The executive director of the...
Rhode Island regulators are reviewing the finances of the Thomas C. Slater Compassion Center, a medical cannabis dispensary that just launched adult-use sales in December. A check for...
Payment processor Mastercard has directed financial institutions to stop allowing debit card transactions for weed purchases. Payment processing powerhouse Mastercard this week revealed the company is...
The second of two licensed medical cannabis dispensary operators in Georgia opened its doors this week. Botanical Sciences began sales Wednesday in the town of Pooler, just outside...
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...
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...
