U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act, which would allow financial institutions to work with state-regulated cannabis businesses even though they aren’t federally legal…
finance
Canadian cannabis operator SNDL halves annual loss to CA$176.6 million
Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half – to 176.6 million Canadian dollars ($130.5 million) – on strong sales growth.
Canadian cannabis operator SNDL halves annual loss to CA$176.6 million is a post from: M…
Marijuana ETF shutting down not long after launch
Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a year after launching.
Marijuana ETF shutting down not long after launch is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for …
280E, new markets and wholesale revenue highlight cannabis earnings season
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
280E, new markets and wholesale revenue highlight cannabis earnings season is a post from: MJBizDaily: Financial, Legal & Cannabusin…
Marijuana MSO The Cannabist Co. raises $25.75 million
Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible debentures.
Marijuana MSO The Cannabist Co. raises $25.75 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis ent…
Opinion: How to determine the fair market value of your cannabis business
Whether you’re seeking investment, planning to purchase a business or gauging your company’s worth, understanding how to determine fair market value is a fundamental aspect of success.
Opinion: How to determine the fair market value of your cannabis bu…
IRS: Marijuana cash transactions aren’t automatically suspicious
Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.
IRS: Marijuana cash transactions aren’t automatically suspicious is a post from: MJBizDaily: Financial, Legal &…
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.
Curaleaf buying Canadian cannabis operator wit…
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.
Curaleaf buying Canadian cannabis operator wit…
Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M
Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud, including all intellectual property, trademarks and other assets.
Retailer High Tide acquires premium cannabis brand Queen of Bud for C…