Needham Bank sees ‘cross sell opportunity’ with newly purchased cannabis business
Needham Bank’s decision to serve businesses involved in Massachusetts’ growing cannabis industry will open the firm up to a lucrative new clientele, CEO Joe Campanelli said. After spending the past 18 months exploring how it would enter the space, the $2.9...
Washington D.C. considers plan to put marijuana ‘gifting’ stores out of business
WASHINGTON — The D.C. Council will consider allowing anyone age 21 or older to obtain medical marijuana, with or without a doctor’s prescription. The proposal, which the council is set to vote on Tuesday, is part of an effort by lawmakers to prop up medical marijuana...
Lume grows success with Evart cannabis facility
Marijuana prices have collapsed across the state — down 40 percent year-over-year to $160.12 per ounce of recreational cannabis. The long-predicted price drop, thanks to increased supply as more and more growers come on line, is likely smashing the margins of many in...
New Mexico statewide cannabis sales down; but business still up for some dispensaries
© Provided by KOAT Albuquerque cannabis According to the most recent numbers from New Mexico’s Cannabis Control Division, the state has sold nearly $13 million in total cannabis products since legal sales started. “I think it’s huge for the state and...
National City will depend on state to do background checks on cannabis opertions
National City council members last week relieved the police department of conducting background checks on cannabis businesses seeking permits, instead opting to have the state handle the process. The move comes after the Department of Justice notified the city that...
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.
DeSantis thinks weed companies aren’t paying enough to conduct business in Florida
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Derek Fisher and wife Gloria Govan on cannabis business and the Lakers
Back in the day, guard Derek Fisher was a key role player for the dynastic Los Angeles Lakers. He teamed up with Kobe Bryant in the backcourt during two separate stints with them, and his timely 3-point shooting, leadership and steady hand were a big part of the...
Craft Cannabis Growers In Illinois Struggle To Find Financial Footing Despite Millions In State Aid
“Dispensaries are just so much easier to stand up, and they’re easier to get funding for because they can start making revenue on day one.” By Alex Nitkin, Illinois Answers Project A gentle hum of movement filled a cannabis packing room on a recent Friday morning as...
DeSantis thinks weed aren’t paying enough to conduct business in Florida
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Marijuana retailer drops lawsuit against Ypsilanti
YPSILANTI, MI – Less than four months after a company sued Ypsilanti over the city’s marijuana business licensing process, the company has dropped the legal claims. AMA Operations, LLC — a company that sought one of 10 local marijuana retailer permits — alleged...
Huge increases seen in patients, purchases in Louisiana’s medical marijuana program
Medical marijuana is rapidly gaining popularity in Louisiana. More patients joined the program than ever before in the first three months of this year, which coincided with the more popular smokable flower products becoming legal Jan. 1. And the number of...
NM cannabis sales hit nearly $10M in a week
New Mexico’s recreational cannabis market is blowin’ and goin’. Adult-use cannabis sales topped $6.1 million statewide during the first week of legal retail sales, regulators announced Friday. Adding the nearly $3.9 million more in medical cannabis sales brings the...
Montana cannabis sales outpacing projections
Montana’s recreational cannabis sales through the first quarter of the market’s first year are outpacing projections and it’s not even tourism season yet. Montana providers have sold $72.9 million in cannabis products, including both medical and recreational, since...
Best Cannabis Stocks to Buy in 2022 – Top Marijuana Stocks Reviewed
There is a growing acceptance of legal marijuana among policymakers across the world. Despite this, cannabis stocks have mostly underperformed the broader market in recent years. However, that is not to say that there is no growth opportunity in this sector –...
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