Direct Listings on Stock Market
Direct Listings on Stock Market The direct listing process for cannabis companies offers many advantages compared to the traditional initial public offering process. Direct listings provide a way for companies to go public without raising any new funding, which creates a more level playing field for investors. In addition, direct listings give existing shareholders the […]
The Biggest Day for Cannabis Sales
The Biggest Day for Cannabis Sales The Biggest Day for Cannabis Sales As 420 and April 20 approaches, Akerna has released a report examining the expected sales for the cannabis industry. According to their projections, nearly $130 million will be spent on legal cannabis on 420, making it the largest sales day in history. This […]
Verbal Offers Aren’t Worth the Paper They’re Written On
Verbal Offers Aren’t Worth the Paper They’re Written On When it comes to cannabis businesses, verbal offers are not worth the paper they are written on. This is because cannabis businesses should always follow up verbal offers with a written email in order to avoid having deals ruined by people that will say anything. Additionally, […]
The Impact of the Delay on the New Jersey Economy
The Impact of the Delay on the New Jersey Economy The New Jersey Cannabis Regulatory Commission has delayed the adult-use market again, citing a lack of supply from current medical operators as one reason for the postponement. According to one multi-state operator, that shouldn’t be the case. In an exclusive statement provided by the NJ […]
Increase In Cannabis Net Sales For Cresco Labs in 2021
Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]
The MORE Act: A Closer Look at the Proposed Legislation
The MORE Act: A Closer Look at the Proposed Legislation As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally […]
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization In a move that signals the cannabis prohibition is far from over, Protect Our Kids PAC has launched to fight legalization. The new political action committee (PAC) will target pro-legalization candidates and support those who oppose the policy in […]
What To Do If You’re Struggling With Your Cannabis Business
Cannabis businesses can be difficult to manage, especially if you’re not used to doing the math. If you’re struggling to keep your business afloat, don’t worry – we can help. In this article, we’ll go over some of the key things you need to know in order to figure out if your cannabis business is […]
Why Is Cannabis Criminalized in the US?
Why Is Cannabis Criminalized in the US? In the United States, cannabis is criminalized under federal law. Even though it is now legal in some form in more than half of the country, cannabis policy is still largely influenced by Nixon’s drug warrior legacy. Despite campaigning on the promise to end cannabis criminalization, the current […]
The Pros and Cons of Legalizing Medical Cannabis in Kentucky
The Pros and Cons of Legalizing Medical Cannabis in Kentucky Medical cannabis has been a topic of debate for many years. There are pros and cons to legalizing it, and each state has its own laws in regards to the matter. Kentucky is one of the 38 states that have legalized medical cannabis. However, there […]
