“A Dire Public Safety Issue”: Cannabis Regulators Push Congress for Accessible Banking
As lawmakers work to advance marijuana banking reform, a coalition of cannabis regulators representing 40 states and United States territories are explaining to Congress just what the current lack of access to traditional financial services means—not just for the...
Cannabis
Since legal recreational marijuana sales began in 2014, Coloradans have had a plethora of places to buy weed — but not a ton of places to actually consume it. For many years, consumption spaces like Tetra Lounge and the Coffee Joint in Denver invited tokers to come...
San Diego works to level playing field in marijuana industry
The city wants to hear from communities disproportionately impacted by the War on Drugs. SAN DIEGO — San Diego is working to break down barriers people face when entering the marijuana industry. The city is hoping to level the playing field for residents wanting...
King County approves Cannabis Safety Taskforce to help protect marijuana businesses
SEATTLE – The King County Council has passed legislation to create a Cannabis Safety Taskforce. This comes amid multiple pot shop robberies over the last several months, with some ending in injuries or even death. Marijuana businesses are particularly vulnerable to...
Trulieve: Why You Must Own This Future Dominant Cannabis Company
xijian/iStock via Getty Images Introduction When I began reporting on the cannabis sector in 2019, every quarterly report was a huge event. Companies were so new that each report added a significant amount to the total financial information about the company. So, for...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Hundreds of new legal weed shops could soon open in NY in cannabis lawsuit settlement
A settlement has been reached in a lawsuit that has placed a blockade on New York’s legal cannabis market, paving the way for hundreds of new pot shops to open. The settlement is expected to bring an end to an injunction that has ground the rollout of licensed weed...
Cannabis ‘legalization is inevitable,’ says policy analyst—what to know before you invest
Cannabis stocks aren’t the only ones that were riding high in early 2021. In the wake of a brief Covid-19-related bear market, investors were bidding up just about anything exciting, including cryptocurrency, nonfungible tokens and meme stocks. Unlike some of...
3 Underperforming Cannabis Stocks You Better Not Be Buying
InvestorPlace – Stock Market News, Stock Advice & Trading Tips In an August 2023 column, I wrote “With the chances of marijuana companies accessing the U.S. financial system higher than ever and cannabis stocks trading at lower valuations...
22nd Century Group selling cannabis business
22nd Century Group, which is aiming to cut costs, will sell its cannabis and hemp business to a Nevada-based buyer. Buffalo-based 22nd Century Group has agreed to sell its GVB Biopharma to Specialty Acquisition Corp., in a deal valued at $2.25 million. The transaction...
70 new provisional Ohio medical marijuana dispensaries announced. See who won in Northeast Ohio
COLUMBUS, Ohio — The Ohio Board of Pharmacy approved 70 provisional licenses for new medical marijuana dispensaries in the state Monday afternoon, including six more in Cuyahoga County. A provisional license means the business owners have to build the space in...
‘Free The Homies’ Effort Raises Awareness On Those Still Serving Time on Cannabis-Related Charges
A partnership between a Seattle-based artist, Teddy “Stat” Phillips, and Washington cannabis company Solstice brings awareness to people still incarcerated on cannabis-related charges. Solstice, founded in 2010, has seen a change in the attitudes and laws surrounding...
Long Beach Cannabis Dispensary Sells for $11 M
A cannabis dispensary in Long Beach known as The Bakerie has sold for $11 million.The 8,288-square-foot retail property is located at 1836 Harbor Ave. It sits on .74 acres.A foreign investor purchased the property from a Michigan-based private investor.Stan Johnson...
Four ways cannabis banking could cross the finish line in 2022
WASHINGTON — The legalization of cannabis banking looks as likely as ever, but the road lawmakers will take to get there remains an open question. Even in states where the substance has been legalized for recreational or medical use, many law-abiding cannabis...
Why American Idol Judge Kara Thinks Cannabis Has ‘Broad Applications In Addressing Physical, Mental Health Conditions’
Grammy-nominated songwriter, producer, record executive, Broadway actress and former American Idol judge, Kara DioGuardi recently joined the board of directors of U.S. cannabis behemoth TerrAscend. The company will seek to leverage her “brand building expertise and...
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