Senator Rand Paul introduces Hemp Act of 2024
Sep 27, 2024 · Acknowledging his constituents, Kentucky hemp farmers, U.S. Senator Rand Paul (R-KY) introduced his Hemp Economic Mobilization Plan (HEMP) Act, which would increase the amount of THC available in legal hemp. Paul said he brought the legislation in order to address federal overreach and bring “bring transparency to government regulations.”.
Report: Investors losing confidence in cannabis for variety of reasons
Sep 16, 2024 · It’s no secret that finding investor capital in the cannabis business has been a tough game for upwards of two-plus years now, and a new report has found that investor confidence has continued to wane through 2024.. A survey released last week by ATB Capital Markets found a “softening sentiment” among investors in both the United States and Canada with regard to the legal marijuana trade ...
Green Market Report
2 days ago · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights ...
Green Thumb nabs ‘first-of-its-kind’ $150 million credit facility
Sep 12, 2024 · Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) said it has closed on a $150 million syndicated credit facility, according to a news release Thursday. The five-year facility, led by Valley National Bank, carries an interest rate of Secured Overnight Financing Rate (SOFR) plus 5%. In other words, the interest rate will fluctuate with a ...
New Federal Legalization Bill Gives Industry Possible Rallying Point
Dec 11, 2023 · The national U.S. marijuana industry might have a viable path to a federally approved coast-to-coast market, complete with interstate commerce, if a bipartisan bill introduced late last week in the House of Representatives gains traction in Congress.. The measure is an updated, expanded version of the longstanding Strengthening the Tenth Amendment Through Entrusting States (STATES) Act ...
Green Market Report, NECANN Join Forces for Cannabis Finance …
Jan 8, 2024 · Green Market Report, a leading source for financial news in the cannabis industry, is thrilled to announce its strategic partnership with NECANN’s 2024 New England Cannabis Convention for the upcoming Cannabis Finance Summit scheduled to take place on March 22 at the Hynes Convention Center in Boston, Massachusetts.. The Green Market Report Cannabis Finance Summit will be presented as an ...
Georgia pharmacy launches medical marijuana sales in defiance of …
Sep 19, 2024 · A licensed pharmacy in the Georgia city of Augusta – population 202,000 – is bucking the federal government’s wishes and has begun offering low-THC medical marijuana for sale, per state rules approved last year to let the traditional drug-dispensing businesses in on the cannabis trade.. However, the U.S. Drug Enforcement Administration specifically warned pharmacies in Georgia – which ...
The Top Ten Largest Cannabis Companies For 2021 - Green …
Dec 15, 2021 · The Top Ten Largest Cannabis Companies For 2021. Debra Borchardt December 15, 2021 12. These are the ten largest cannabis companies based on revenue for the last nine months of 2021. It doesn’t include proforma numbers or planned acquisitions as no ever planned deal is a closed deal. The Scotts Miracle-Gro (NYSE SMG) is in the lead based on ...
Verano Closes On Sierra Well In Bought Deal For $29 Million
Sep 7, 2022 · Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) closed its previously announced $29-million-dollar deal to buy WSCC, which operates as Sierra Well. The bought deal, which was initially announced in July 2021, adds five active dispensaries and two cultivation and production facilities to Verano’s vertically integrated Nevada operations.
Unrivaled Brands to Become Blüm Holdings - Green Market Report
Oct 11, 2023 · Nevada-based cannabis company Unrivaled Brands Inc. (OTCQB: UNRV), which has operations across California, plans to undergo a major restructuring, including a rebranding.. The company said in a Tuesday news release that it will reorganize under a new publicly traded banner, Blüm Holdings Inc. The new entity, which was named after Unrivaled’s California dispensaries, would see every share of ...