U.S, December 9, 2019 (ANALYTICALCANNABIS) A number of federal financial regulators have released a joint statement clarifying that banks no longer have to take extra measures to track accounts for hemp-related businesses, following the crop’s federal legalization.
Previously, banks were required to file suspicious activity reports (SARs) for banking customers who were...
CANNABISTECH, 5, July 2021, Data and technology are central to the growth of the cannabis industry.
As with any agricultural crop, cannabis only needs three fundamental things to grow: soil, sun, and water. However, as a commercial crop, the process becomes significantly...
U.S, February 11, 2020 (GREENENTREPRENEUR) Rapper, producer and business entrepreneur Drake (Aubrey Drake Graham) is one of the most successful music artists of our time. In 2019, he became Spotify's most played artist and the highest-certified digital artist in U.S. history. He has won four Grammy awards and holds...
U.S, Jnauary 2, 2020 (MARIJUANABUSINES) Many marijuana industry watchers tout the social equity program in Illinois as one of the most far-reaching and likely to succeed in the U.S. cannabis sector.
However, experts also note that for all the Illinois program’s positive intent, it is still...
Cannabis is quite popular in Canada and it is considered as one of the most viable investments in the country today.
After cannabis was legalized for medical and recreational use, analysts think it could drive the country’s cannabis industry on a high road. It is believed that the country’s cannabis...
U.K, April 3 2019 (INDEPENDENT) Sales of products containing CBD, also known as cannabidiol, products have skyrocketed by 99 per cent in the UK, according to new data.
Analysis by online deals platform Wowcher reveals that purchases have almost doubled in 2019, with Brits rushing to invest in the ingredient that...
U.S, November 25, 2019 (GREENMARKETREPORT) Ever since states began to legalize medical and recreational marijuana, the cannabis business is booming. Eleven states and the District of Columbia have passed laws making recreational marijuana use legal. Another 22 states have laws legalizing medical marijuana. The Farm Bill of 2018 legalized hemp for industrial...
U.S, February 12, 2020 (MARIJUANABUSINESS) Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by falling cannabis stock prices and terms that are more attractive than those for real estate sale-leaseback deals.
Multistate operators Curaleaf,...
U.S, November 5, 2019 (GREENENTREPRENEUR) It's hard enough getting money for a tradional startup. How do you find funds for a highly regulated and risky market like cannabis?
Raising a round of financing can be a struggle for entrepreneurs in any vertical. It's an exhausting, emotional, time sink, that requires...
Every since cannabis stocks exploded in growth in 2016, all eyes have been on the marijuana industry. Legalization across all of Canada and much of the United States has propelled the cannabis sector unto new heights of popularity. This has led to a surge of speculative investments, which has...