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.....»»
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......»»
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.....»»
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.....»»
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......»»
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 .....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
L.A."s promise of social equity for marijuana businesses has been painfully slow for entrepreneurs
Cannabis entrepreneurs complain that the s.....»»
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......»»
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.....»»