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- Cultivation
California Governor proposes slashing state’s cultivation tax
If Governor Gavin Newsom’s plans go ahead, cultivation tax could be eliminated in July this year, but retailers are expected to be hit with tax hikes to compensate.
- Companies
US cannabis tech company BLAZE acquires POS software Greenline
The acquisition sees BLAZE expand to Canada as part of a strategic move to enter a federally regulated market.
- Companies
Bright Green stock continues to rise following direct listing on NASDAQ
The cannabis producer’s stock shot up by 215 per cent on its first day of trading followed by a further 91 per cent increase yesterday.
- CBD Market
Alternative cigarette producer TAAT eyes up expansion with hemp-free variation
The company plans to expand into international markets where hemp remains illegal.
- Policy & Regulation
FDA issues first warning letters for products containing delta-8-THC
Five US companies have been issued warning letters.
- Companies
AVANA Companies closes more than $3 million in cannabis loans
The recent loans will support SMEs in Denver and Las Vegas across retail, cultivation and extraction.
- Adult-Use
New York makes progress on legal recreational cannabis
The city has approved the first cannabis cultivation licences for recreational sales.
- Uncategorized
Bank to provide financial services for US cannabis industry
Businesses will be able to access banking and electronic payments.
- Adult-Use
Legal recreational cannabis sales begin in New Jersey
It has been a historic week for New Jersey’s cannabis sector with thirteen dispensaries opening their doors to recreational consumers for the very first time.
- Companies
Leading MSO teams up with Black Institute Group to tackle social equity in cannabis
AUDACIOUS and Black Institute Group aim to improve social equity in the cannabis space though a number of new initatives
- Companies
Cannabis tech company Treez raises $51 million in latest funding round
Treez announced the completion of a Series C funding round on 4/20 as it sets out plans for ‘aggressive’ sales growth and product innovation.
- Adult-Use
German cannabis legalisation could increase investment from America
The European “Green Rush” could see increased tourism from the US.
