What banks are actually doing when they reject cannabis accounts
Banks aren't set up to reject cannabis accounts. Cannabis banking is held back by a lack of clear…
News April 17
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Can the right data convince banks to lend to cannabis operators?
The NCS Thea platform acts as a bridge between cautious financial institutions and capital-starved cannabis businesses.
News April 7
Major marijuana MSO files for U.S. bankruptcy protections
Cannabis multistate operator The Cannabist Co. has filed for bankruptcy after selling off permits in several states and…
News April 3
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April 28
Michigan governor candidate vows to repeal cannabis tax as new lawsuit filed
A longshot candidate for Michigan governor has vowed to repeal the state's new 24% wholesale cannabis tax if…
March 30
The secret to winning cannabis M&A is infrastructure, not scale
Cannabis M&A activity is heating up, but the operators and investors who will benefit in the long term…
March 27
Debt dominates cannabis capital raises as equity deals dry up
The cannabis industry has transitioned to a more commoditized market characterized by price declines and minimal organic growth.
News March 25
Cannabis MSO Vireo Growth’s aggressive strategy paying off
The Minnesota-based multistate operator reported increasing revenue by more than 250% following a recent buying spree that's exciting…
News March 20
Cannabis MSO Verano plans growth spree with new $195 million loan
The loan carries a 9.5% annual interest rate and has prepayment flexibility. It matures in 2029, with an…
News March 13
IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons
Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely…
News March 12
Colorado considers cannabis tax hike amid declining sales
Colorado cannabis taxes would increase by less than a percentage point under a proposal to raise revenue for…
News March 9
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