Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
Investors Remain Cautious While Technology Holds Promise
With federal legalization nowhere in sight and legislative reforms unlikely this year, companies looking for investment in 2024 are in a more precarious position...
Thrive to Survive with Risk Mitigation Strategies for 2024
The cannabis industry’s rapid expansion continues to present both opportunities and challenges. As the market matures, companies must adapt and strategize to thrive in...
German Cannabis Legalization Fuels Surge in Weed Stocks
NEW YORK – Cannabis stocks soared Friday on the news Germany’s parliament legalized cannabis for personal possession and use.
Canopy Growth Corporation’s stock (NASDAQ: CGC)...
The Impact of Rescheduling under the Bank Secrecy Act
In recent years, the debate surrounding the legalization and decriminalization of cannabis has gained considerable momentum. As jurisdictions across the globe move toward loosening...
The Snowball Effect of Unpaid Bills
“The check is in the mail” appears to be the new mantra of the United States cannabis industry. While delinquent payments sadly have been...
Assessing the Value of Distressed Assets
New investment in the cannabis industry has slowed due to a combination of stifling regulations, economic uncertainty, lack of access to capital, and restrictive...
SAFER Banking is No Magic Bullet
When the Secure and Fair Enforcement (SAFE) Banking Act was introduced in 2017, both Democrats and Republicans were optimistic Congress would pass the bill,...
Cash Burn or Trust Earn: The Cannabis Investor’s Dilemma
This year has been ensnared in a financial bear hug nobody ordered, and the cash tides won’t turn unless we smash some barriers.
Sure, you...
Capital Markets Are Down but Not Quite Dead
NEW YORK – A potent concoction of slowing capital markets and inactivity in Washington D.C. bears the majority of blame for the industry’s lackluster...
