Washington State Officials Urge Congress To Pass Marijuana Banking Reform

Washington State Officials Urge Congress To Pass Marijuana Banking Reform Washington state officials are urging Congress to pass marijuana banking reform in order to protect public safety. Washington was one of the first states to legalize adult-use marijuana, but the industry continues to lack access to critical financial services due to federal prohibition. Governor Jay […]

The problem with Canada’s big banks and cannabis

Canada Big Problem

The problem with Canada’s big banks and cannabis In October 2018, Canada became the second country in the world to federally legalize cannabis. However, banks in Canada have been slow to work with the industry, making it difficult for businesses to access basic banking services. This lack of access can create significant challenges for cannabis […]

Cannabis News: Seth Rogen Provides an Inside Look at Houseplant Headquarters

Cannabis News: Seth Rogen Provides an Inside Look at Houseplant Headquarters Seth Rogen invites Architectural Digest to present a tour of the Houseplant headquarters’ interior décor and operations. This is a unique opportunity to explore the décor of both a home and business space founded by Rogen and his business partner, Evan Goldberg, in 2019. […]

The Key to Growing Your Cannabis Business: Understanding Your Gap

The Key to Growing Your Cannabis Business: Understanding Your Gap When it comes to growing your cannabis business, one of the most important things you can do is to assess and measure your gaps. This involves taking a close look at all aspects of your business, from product quality and customer base to costs and […]

Do cannabis license application templates work? Juliana Whitney of CannStrategy

Do cannabis license application templates work? Juliana Whitney of CannStrategy With the ever-increasing number of states legalizing marijuana for medical and recreational purposes, many people are interested in getting involved in the cannabis industry. One way to do this is to apply for a license to cultivate or sell marijuana. However, the process of applying […]

Verbal Offers Aren’t Worth the Paper They’re Written On

Verbal Offers Aren’t Worth the Paper They’re Written On When it comes to cannabis businesses, verbal offers are not worth the paper they are written on. This is because cannabis businesses should always follow up verbal offers with a written email in order to avoid having deals ruined by people that will say anything. Additionally, […]

The Impact of the Delay on the New Jersey Economy

New Jersey Cannabis Delay

The Impact of the Delay on the New Jersey Economy The New Jersey Cannabis Regulatory Commission has delayed the adult-use market again, citing a lack of supply from current medical operators as one reason for the postponement. According to one multi-state operator, that shouldn’t be the case. In an exclusive statement provided by the NJ […]

Increase In Cannabis Net Sales For Cresco Labs in 2021

Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]

The MORE Act: A Closer Look at the Proposed Legislation

The MORE Act: A Closer Look at the Proposed Legislation As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally […]