Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled Substances Act (CSA), the industry has anticipated concurrence...
Raising investment has always been one of the most challenging aspects of doing business in cannabis. Large banks continue to be wary of lending money to companies selling a federally illegal drug, but as the industry evolves...
SEATTLE – Sales in the United States could reach $45.8 billion by 2025, according to a new cannabis revenue forecast by data firm Headset. The forecast includes projected sales in all fifty states and surpasses previous...
Of all the challenges associated with entering the cannabis industry, one issue towers above the rest: raising capital. As long as companies are working with a federally illegal plant, investors will remain cautious and entrepreneurs...
Codie Sanchez is on a mission. Or maybe a half-dozen missions, and most of them are intertwined with cannabis, a plant she started to explore and invest in about five years ago in, of all places, Dallas.
While the majority...
OAKLAND, Calif. – Technology company Hound Labs announced that it has secured $30 million in funding from private equity fund Intrinsic Capital Partners, as well as insurance investment fund NFP Ventures, investment firm...
Although the cannabis industry is experiencing unprecedented growth, there still are obstacles preventing the it from reaching its true economic potential. One of the largest issues weighing on the cannabis industry is banking....
HOLLYWOOD, Calif. – Music personality Ray J has signed a $1 million contract with cannabis crowdfunding company MarijuanaStock.org to be its new chief strategic media officer. His duties include using his considerable celebrity...