Credit union innovator to head new cannabis bank
Cannabis banking-compliance innovator Sundie Seefried is transitioning from her broader role as CEO of a Colorado credit union to a sole focus […]
Category: United States Cannabis Industry & Marijuana Business News
Cannabis topicals make big gains around Valentine’s Day; beverages, edibles see a bump, too
Topicals are a sliver of the overall cannabis market, but around Valentine’s Day, when many couples try to spice up their sex […]
Illinois-based marijuana MSOs teaming up on two stores, report says
Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries in their home state […]
South Dakota governor to delay medical cannabis program until 2022
South Dakota Gov. Kristi Noem announced the state will delay implementing legalization of medical marijuana until next year. South Dakota governor to […]
Power REIT raises $37 million in rights offering for marijuana acquisitions
Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights […]
Former Obama official joins National Cannabis Roundtable
A former member of President Barack Obama’s cabinet has joined forces with a national cannabis trade association, adding yet more political star […]
Senate Majority Leader Schumer’s marijuana reform push embraced, but stiff challenges await
Senate Majority Leader Chuck Schumer’s commitment to make federal marijuana reform a priority sent cannabis stocks surging last week and thrilled advocates, […]
Judge shoots down South Dakota’s adult-use cannabis amendment
In a major blow to South Dakota’s nascent legal marijuana industry, a circuit court judge ruled that a voter-approved constitutional amendment legalizing […]
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado’s total marijuana sales reached nearly $10 billion since legal sales began in 2014. Colorado’s total marijuana sales near $10 billion, buoyed […]
Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with the lead plaintiffs asking […]