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Tuesday, August 14, 2018

Finance

Finance
Company plans a public listing on the Canadian Securities Exchange in Q3 2018. NEW YORK – Acreage Holdings secured $119 million in capital and plans to list on the Canadian Security Exchange (CSE) this fall. Founder and chief executive Kevin...
Crowdfunding has become a popular way for aspiring entrepreneurs to get their ideas off the ground. While traditional business loans or securing money from investors have traditionally been common ways businesses acquired capital in the past, crowdfunding offers a...
Looking to open up a cannabis dispensary or a grow operation? Well, by now you likely know that it is not always easy to break into the cannabis industry. Even if you can secure a license to operate, the...
LOS ANGELES–With new California cannabis product testing and packaging regulations scheduled to take effect on July 1, legal cannabis manufacturers, distributors, and retailers are feeling increased growing pains as they struggle to fall into compliance. As mandated in 2016, when...
WASHINGTON, D.C. -- A congressional committee decided against amending banking rules for the cannabis industry. If enacted, the new regulations would have prevented the U.S Department of Treasury from attempting to "penalize a financial institution solely because the institution provides...
DENVER–In what turned out to be a big week for cannabis, Colorado Governor John Hickenlooper (D-CO) drew the criticism of medical marijuana and cannabis industry advocates last week by vetoing three legislative bills that would have increased access to...
Washington D.C.–U.S. Senators Elizabeth Warren (D-Mass.) and Cory Gardner (R-Colo.) and U.S. Representatives David Joyce (R-Ohio) and Earl Blumenauer (D-Ore.) today introduced the Strengthening the Tenth Amendment Through Entrusting States Act (STATES Act), which would “ensure that each state...
OTTAWA – History is expected to be made today, as the Canadian Senate is poised to vote on nationwide legalization of recreational cannabis. If Bill C-45 is approved, as is widely anticipated, Canada will become the first G7 nation...
EDMONTON and MARKHAM, Ontario – Canadian cannabis company Aurora Cannabis Inc. announced Monday that it will acquire cannabis producer Markham-based MedReleaf Corporation in an all-stock deal worth $3.2 billion. "This is a transformational transaction that brings together two pioneering cannabis...
WASHINGTON D.C.–A recent policy change at the Small Business Administration (SBA) would prevent any businesses associated with the cannabis industry from accessing SBA-backed loans–even businesses like hydroponic companies, web/IT designers, and hard goods manufacturers, among others. News network CNBC originally...

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