Tag: loans
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...
Debt Financing Is on the Rise
With cannabis stock prices stalling and sliding over the past few years, companies increasingly have turned to debt financing as a means of raising...
From Grower to Shower: What’s Next for Canopy Growth Corporation?
SMITH FALLS, ONTARIO – Canopy Growth Corporation, one of the world’s largest cannabis cultivators and manufacturers, announced plans to lay off 35 percent of...
4 Paths to Raising Capital in the Cannabis Industry in 2023
Warren Buffett once famously said, “When the tide goes out, you see who’s been swimming naked.” The Oracle of Omaha offered this sage bit...
As Capital Dries Up, MSOs Gear Up
The cannabis industry has gone through multiple ebb-and-flow cycles with capital investment over the past decade, but the situation for cash-starved companies in 2022...
How to Navigate Four Lending Trends
The first half of 2022 was dominated by macro-related news about inflation, rising interest rates, high gas prices, supply chain issues, and a bear...
The Turnaround Guys
While most of the industry sees the looming landmark of federal legalization as the moment the market’s potential will be unleashed, those with a...
The CLIMB Act Would Greatly Expand Access to Financial Services
WASHINGTON - The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act was introduced Thursday by U.S. Congressmen Troy A. Carter, Sr. (D-LA) and...
House of Representatives Approves Cannabis SAFE Banking Act
WASHINGTON, D.C. – The U.S. House of Representatives today, in a historic vote, approved legislation that would allow legal cannabis businesses access to banking...
SBA Policy Change Chills Loans for ‘Cannabis-Related’ Businesses
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...
