Understanding the Cannabis Banking Opportunity
The legal cannabis industry is growing exponentially each year, creating extraordinary opportunities for financial institutions to offer services to this largely underbanked, niche market. Revenue from direct marijuana businesses alone is expected to exceed $48...
Competition is fierce for cannabis licenses as Connecticut stands up its newest industry
Tiana Hercules faces stiff competition as she seeks to launch a retail cannabis business in Hartford or New London. The mother of three who is looking to “change the economic trajectory of their future” has submitted one of nearly 3,300 retail applications, as of...
New London poised to welcome cannabis businesses
May 2—NEW LONDON — The city’s Planning and Zoning Commission this month will consider new regulations permitting the sale and cultivation of marijuana in certain areas of the city. The move comes as the state, which passed a law last year that allows retail sale...
2 Ancillary Cannabis Stocks to Buy on the Dip and Hold
The downward trend for markets so far this year has had a disproportionate impact on cannabis stocks. The S&P 500 index is down more than 12% this year, but cannabis ETFs AdvisorShares Pure Cannabis and EFTMG Alternative Harvest are down more than 36% and...
Improving education and access: Hampton business welcomes 1,000+ people for cannabis seed giveaway
HAMPTON, Va. — Peninsula Hydroponics, a garden supply center in Hampton, gave away 1,000 cannabis seed packs on Saturday. Adults aged 21 and older each received one ounce of seeds to grow their own plants. Lines wrapped around the shopping complex, which is located...
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.
2 Southwest Ohio men defraud investors of nearly $800K in fake marijuana business
Nov. 16—Two Southwest Ohio men were recently ordered to pay back nearly $800,000 to defrauded investors in a fake marijuana grow operation, the Ohio Department of Commerce announced Thursday. Ryan R. Goldschmidt, 39, of Cincinnati, and Aaron Pitman, 35, of Morrow were...
The 3 Most Undervalued Cannabis Stocks to Buy: November 2023
InvestorPlace – Stock Market News, Stock Advice & Trading Tips By most accounts, Canada’s experiment with legalizing cannabis has been a complete failure. Five years after the recreational drug was legalized on a national level, most cannabis producers...
Controversial Cannabis Restrictions Removed After Industry Pushback
Just over a week after introducing a handful of rules aimed at cannabis-friendly events and product advertising claims, Colorado marijuana officials have pulled back the proposed restrictions. With about ten days left in 2023’s rulemaking period, the state...
New law extends marijuana business license moratorium until 2026
OKLAHOMA CITY — Lawmakers extended a moratorium on new medical marijuana business licenses for two more years as the state tries to get a handle on the exploding industry. A new state law extends a two-year pause on granting new cannabis licenses for dispensaries,...
Indiana Dems tours state to push for marijuana legalization; experts say federal law is sticking point
The Indiana Democratic Party launched a campaign to call for the legalization of recreational marijuana in Indiana, which political science experts say marijuana legalization in some form in Indiana is likely — but when that will occur is difficult to predict. At the...
Advice to cannabis business hopefuls: Have plenty of capital
The recreational marijuana business will be lucrative for local municipalities and business owners but the upfront costs could be expensive — if you’re lucky enough to obtain a license to grow, distribute or sell weed, a panel of experts said during a Newsday...
3 Top Cannabis Stocks to Buy as State Legalization Grows
These three cannabis stocks are worth buying after a steep correction ahead of potential rallies as more states legalize marijuana. Tilray (TLRY): Revenue target of $4 billion by 2024 and a strong position in the medicinal cannabis segment in Europe. Cronos (CRON):...
Want to start a legal marijuana business? Here’s what you need to know before you begin.
Apr 29, 2022, 2:55amUpdated 3h ago By: News 12 Staff Now that a dozen marijuana dispensaries have been selling recreational cannabis for a week, can smaller businesses be far behind? The New Jersey Cannabis Regulatory Commission has awarded more than 100 conditional...
Marijuana businesses grow in Lower Arkansas Valley
BENT COUNTY, Colorado — It’s been nearly a decade since Colorado voters passed Amendment 64 authorizing the sale of recreational marijuana. Bigger cities like Pueblo, Denver, and Boulder quickly drafted regulations to allow for the drug to be sold locally, but...
Recent Comments