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Push For Cannabis Banking Reform, Washington Social Equity, New Hampshire Debates Retail Weed Sales And More

Get the latest regulatory updates in the cannabis industry, from banking reform to ownership diversity and legalization bills read more.....»»

Category: blogSource: benzingaApr 26th, 2024

Cannabis Watch: Tilray CEO says pot supply is still an issue, but sales triple and push stock higher

Tilray Inc. shares rose 5% in the extended session Tuesday after the Canadian weed maker topped consensus revenue estimates by nearly tripling sales, but lost more money than analysts expected......»»

Category: topSource: marketwatchMay 14th, 2019

Capital Gains: Amazon alcohol, biomass bailout, 5G fanfare

ALCOHOL BY AMAZON? Amazon.com Inc. is looking for a booze business policy and lobbying expert, and it could portend a push into more alcohol sales for the online retail giant. The manager of alcohol public policy will be based in the Washington D.C. a.....»»

Category: topSource: bizjournalsApr 11th, 2019

Amazon planning a deeper dive into alcohol sales? A job posting suggests so.

Amazon.com Inc. is looking for a booze business policy and lobbying expert, and it could portend a push into more alcohol sales for the online retail giant. The manager of alcohol public policy will be based in Greater Washington, D.C., and “will.....»»

Category: topSource: bizjournalsApr 10th, 2019

Canada’s Senate Votes for Weed as G-7 Convenes

Canada took one step closer to legalizing recreational weed, with its Senate's passage of a pot bill. The country's high-priced cannabis stocks will be tested once retail sales begin in a few months......»»

Category: blogSource: barronsJun 8th, 2018

Companies tied to out-of-state firms appeal revocation of social-equity cannabis licenses

Two Missouri social-equity licensees connected to a Michigan company that used Craigslist to recruit applicants have appealed the state’s decision to revoke their dispensary licenses. The Michigan company, Canna Zoned, was behind two of the .....»»

Category: topSource: bizjournalsApr 30th, 2024

Cannabis Saga In The Empire State: Corruption Or Ineptitude? Private Equity Tramples Social Equity, Report Reveals

NY's public-private fund for social equity retailers is under scrutiny after a report uncovers a "lopsided deal" for a private equity firm. read more.....»»

Category: blogSource: benzingaApr 24th, 2024

4/20 Cannabis Retail Frenzy: Leading Brands Ready For Record Sales Surge - Who Will Lead?

This 4/20 cannabis retailers anticipate record-breaking sales fueled by last year's +130% spike and the fortunate alignment of this year's celebration falling on a Saturday. read more.....»»

Category: blogSource: benzingaApr 20th, 2024

Five things: Hilliards chocolates, cannabis funding, and do we have too much tech?

Good morning, Boston, and Happy National Haiku Poetry Day. Here are the five things you need to know in Boston business news to start your workday. Cassie McGrath reports that cannabis social equity businesses are finally set to see an infusi.....»»

Category: topSource: bizjournalsApr 17th, 2024

GOP Congressman In Ohio Says Retail Weed Sales To Begin "Before July 4th Weekend," Collective Joy Ensues

After much stalling and haggling among lawmakers, authorities plan to grant dual licenses to Ohio's 130 medical marijuana dispensaries. read more.....»»

Category: blogSource: benzingaApr 10th, 2024

As Oregon mulls bold bill, report finds cannabis social equity on the rise but uneven

A Portland industry group hopes report inspires more effective efforts......»»

Category: topSource: bizjournalsMay 17th, 2021

Dow jumps 360 points, Nasdaq adds 2% trimming weekly loss for stocks

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

Category: topSource: foxnewsMay 14th, 2021

Dow jumps 300 as Intel, Salesforce lead tech rebound

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

Category: topSource: foxnewsMay 14th, 2021

Stocks rally as retail sales weakness taken in stride

U.S. equity markets rallied Friday as traders celebrated the lifting of most mask mandates and digested disappointing retail sales......»»

Category: topSource: foxnewsMay 14th, 2021

Why Akerna"s Stock Is Trading Higher Today

Akerna Corp (NASDAQ: KERN) is moving higher on Wednesady morning after business intelligence from the company showed that April 20 had the highest retail cannabis sales ever recorded.  read more.....»»

Category: blogSource: benzingaApr 28th, 2021

PBJ Power Breakfast: The highs and lows of Oregon"s cannabis industry

It has been a wild ride for Oregon's cannabis industry. And the road ahead remains uncertain. The adult-use recreational market came online in 2015 and since then sales have climbed. Retail sales in 2020 rose nearly 40%, to $1.1 billion, and wholes.....»»

Category: topSource: bizjournalsApr 28th, 2021

Citi: "No fire sales" at Citi for retail banking exits

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 15th, 2021

Cannabis banking reform introduced in U.S. Senate, with some Republican support

Cannabis banking reform is in the lawmaking hopper in the U.S. Senate, as it is in the the House, after introduction Tuesday of a bill sponsored by Oregon Democrat Jeff Merkley and Montana Republican Steve Daines. A version of the Secure and Fair Enfor.....»»

Category: topSource: bizjournalsMar 23rd, 2021

L.A."s promise of social equity for marijuana businesses has been painfully slow for entrepreneurs

Cannabis entrepreneurs complain that the s.....»»

Category: topSource: latimesMar 20th, 2021

Economic Report: U.S. retail sales drop 3% in February before new round of stimulus checks

Sales at U.S. retailers fell 3% in February due to a lapse in government aid and a bout of unusually bad weather, but business is expected to pick up again soon after Washington sent $1,400 stimulus checks to most Americans......»»

Category: topSource: marketwatchMar 16th, 2021

Unions fight for marijuana foothold as Illinois weed sales soar. ‘We just need workers to actually be involved in the prosperity.’

Seeking higher pay, career advancement and better protection from the COVID-19 pandemic, cannabis workers from Chicago to Springfield have begun to unionize, planting a seed that could reshape the fast-growing mariju.....»»

Category: topSource: chicagotribuneMar 6th, 2021