The shock announcement this week that a federal trade court had ruled that key elements of President Trump’s flagship tariff
As spurred lenders begin to encircle cannabis companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from liquidation.
David Sergi and Kyler Rucker of Sergi and Associates, a San Marcos-based law firm Across the state, lawful hemp retailers
The US legal cannabis industry is in a transitional phase, according to a new report, which showed jobs falling despite revenue increasing.
New York State’s cannabis industry is facing renewed turmoil as budget changes, industry backlash, and a major product investigation converge
Accounts receivable (AR) are ballooning to unsustainable levels, and beyond a few informal “blacklisted” groups on social media, no one is talking about the financial chokehold this is putting on the supply chain.
California’s embattled legal cannabis industry is facing a significant spike in taxation in the coming weeks, but efforts are underway to block the potentially ruinous bill before it is enforced.
DeFloria, a joint venture between Charlotte’s Web Holdings and Ajna BioSciences, is advancing toward the start of its Phase 2 clinical trial for AJA001, a cannabinoid-based (FDA) botanical drug developed to treat behavioral symptoms associated with autism spectrum disorder (ASD).
Arizona’s hemp industry this week received a welcome reprieve from an overnight ban on all ‘consumable hemp products’, as the Court of Appeals agreed to consider a collaborative pushback from the industry.
When Maryland Gov. Wes Moore signed a law on April 22 exempting employee stock ownership plans (ESOPs) from the state’s strict five-year license-hold requirement for cannabis businesses, he opened up an exit strategy for founders.
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© 2023 Prohibition Holdings Ltd. All Rights Reserved.