Congressional report finds rescheduling won’t fix cannabis …
WEBAug 28, 2024 · A new congressional report has confirmed what many policy experts in the cannabis trade have already known for months about the proposed rescheduling of cannabis by the U.S. Department of Justice: Even if finished, the move will leave the problematic banking situation unchanged.. The report, issued Monday by the Congressional Research Service, noted pointedly that U.S. financial institutions ...
Green Market Report
WEBSep 27, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.
Despite governor’s report, most Illinois social equity businesses …
WEBAug 22, 2024 · When Illinois Gov. J.B. Pritzker last month touted his state’s social equity program as a possible “national standard,” some in the industry cringed. Word on the ground is that the program is at best still a work in progress and, at …
MedMen shutters all but 2 of its California dispensaries
WEBMar 8, 2024 · Embattled multistate operator MedMen Enterprises (CSE: MMEN) (OTCQX: MMNFF) appears to be on its last legs, with the company reportedly having shuttered all but two of its remaining dispensaries in its home state of California on Thursday.
Report: IRS official says rescheduling may bring new 280E …
WEBSep 24, 2024 · A lawyer for the Internal Revenue Service told a group of accountants in Denver recently that despite the ongoing marijuana rescheduling process – which should nullify the 280E section of the federal tax code for state-legal cannabis companies – the tax policy will be enforced until rescheduling is completed. And after that, the attorney warned, the regulatory move will likely give the ...
Green Thumb Industries Worker Dies at Illinois Facility
WEBJul 17, 2023 · An employee of Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) died recently while on the job at a grow operation in Rock Island, Illinois, raising additional questions about worker safety in the cannabis industry following another worker death last year in Massachusetts. Though little is yet known about the Illinois victim or how she died, WeedWeek reported that the death took place in a ...
Greenlane Acquires VaporNation, Becomes Largest Vaporizer …
WEBMar 21, 2018 · Greenlane, a distributor and online retailer of vaporizer products that was formerly known as VapeWorld, announced today that it has acquired its competitor, VaporNation.Servicing approximately 9,000 independent retailers, Greenlane is now one of the world’s largest vaporizer distributors. “We have a shared philosophy of putting clients first and offering superior customer service.
Green Market Report Finance Awards: Top Lender Sweet Leaf …
WEBAug 31, 2023 · On August 3, Green Market Report hosted its 2023 Finance Summit.At the Summit, the winners of the 2023 GMR Cannabis Finance Awards were announced. The winner of the Top Lender in Cannabis was Florida-based Sweet Leaf Madison Capital.
The Daily Hit: September 17, 2024 - greenmarketreport.com
WEBSep 17, 2024 · The Daily Hit is a recap of the top financial news stories for Tuesday, September 17, 2024. On the Site. DEA acknowledges new standard for designating medical value of drugs
Top House Democrats call on DEA for 'swift action' on cannabis …
WEB4 days ago · In a letter this week to the U.S. attorney general and the head of the Drug Enforcement Administration, two of the top-ranking Democrats in the U.S. House of Representatives urged the Department of Justice to move at top speed in its current effort to reclassify marijuana as a less-dangerous drug.. U.S. Reps. Frank Pallone Jr. and Jerrold Nadler, who respectively chair the Energy and Commerce ...