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Cannabis Banking Reform Sparks Reactions From Advocates, Marijuana Retail Giants
Wednesday, September 27, 2023 - 4:32pm | 570After seven tries, Wednesday’s Senate Banking Committee vote to move a cannabis reform bill to the Senate floor marks the first time that Senate members have agreed to consider alleviating the major burden facing the billion-dollar banking cannabis industry: access to banking and financial...
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EXCLUSIVE: What's Next For Cannabis? Industry Experts Discuss Game-Changing New Policies
Wednesday, September 27, 2023 - 4:08pm | 806Cannabis reform has moved one step closer to reality at the federal level on Wednesday, with the Senate Banking Committee approving the Secure and Fair Enforcement Regulation (SAFER) Banking Act. "It's all about applying pressure to get things done." That's according to Emily...
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EXCLUSIVE: Cannabis Companies On Importance Of Brands Going Mainstream, Entry Into Consumer Packaged Good Market
Wednesday, September 27, 2023 - 3:17pm | 929Cannabis brands need to market to a mainstream audience, while also focusing on their target customer. This unique balance was a common theme from speakers at the 2023 Benzinga Cannabis Capital Conference in Chicago, Illinois, for a panel on positioning cannabis brands as consumer packaged goods (...
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US Rep Blumenauer Highlights Growing Bipartisan Support For Cannabis Legislation At Benzinga Cannabis Capital Conference
Wednesday, September 27, 2023 - 3:15pm | 535In an exclusive address to the Benzinga Cannabis Capital Conference, U.S. Rep. Earl Blumenauer (D-OR) emphasized the remarkable progress and enduring challenges in cannabis legislation. Blumenauer, a longstanding cannabis advocate, traced his involvement in the cause back to 1973 when Oregon...
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EXCLUSIVE: 'Get Loud,' Cannabis Pros Advise — If Feds Call Shots Without Us, 'We'll Be Screwed'
Wednesday, September 27, 2023 - 2:33pm | 693U.S. regulators are currently making decisions on behalf of the cannabis industry, such as reclassifying it from a Schedule I to a Schedule III controlled substance. The move certainly bodes well for the overall industry, but there's just one problem, according to Christine De La Rosa of The...
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EXCLUSIVE: Cheech & Chong's Motto — 'Try Anything Twice,' Plus: Leafly, Weedmaps Embrace Digital
Wednesday, September 27, 2023 - 1:57pm | 656Building a strong digital presence is essential for the success of cannabis brands in the modern world. Several leaders in the cannabis space discussed their approaches to digital Wednesday at the Benzinga Cannabis Capital Conference in Chicago. Brandon Harshbarger,...
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Cannabis Stocks Jump As Senate Committee Approves Cannabis Banking Bill
Wednesday, September 27, 2023 - 12:27pm | 504U.S. cannabis stocks jumped Wednesday following the Senate Banking Committee approval of the Secure and Fair Enforcement Regulation (SAFER) Banking Act before pulling back. Such companies as Canopy Growth Corp (NASDAQ: CGC), Cronos Group Inc (NASDAQ: CRON),...
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EXCLUSIVE: How X Is Shaping The Future Of Cannabis
Wednesday, September 27, 2023 - 11:31am | 525X, formerly Twitter, is the first mainstream technology platform to allow cannabis advertising. The social platform has made several policy adjustments this year to help allow the industry to grow. Trulieve Cannabis Corp (OTCQX: TCNNF) is taking advantage of the...
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BREAKING: Senate Committee Approves Cannabis Banking Reform In Historic Vote
Wednesday, September 27, 2023 - 10:32am | 458The Senate Banking Committee approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act Wednesday, marking a regulatory milestone that has been in the works for nearly a decade. The bill is crafted to enable legal cannabis businesses access to banks and...
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CTrust Services: Empowering Cannabis Industry Stakeholders Beyond Credit Scoring
Tuesday, September 26, 2023 - 3:46pm | 415CTrust, renowned for its pioneering role in credit scoring and monitoring for the cannabis sector, has introduced a new consulting arm named CTrust Services. This expansion is geared towards delivering data-driven analytics and guidance to cannabis creditors and distressed asset managers. See Also...
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Urban-Gro Secures $11M Hospitality & Recreation Contract In Southeast U.S.
Tuesday, September 26, 2023 - 2:11pm | 515Urban-Gro, Inc. (NASDAQ: UGRO), a comprehensive professional services consulting firm announced its latest contract win within the hospitality and recreation sector in the Southeastern U.S. The contract, valued at over $11 million, encompasses a range of services, including architecture,...
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Exclusive: 4Front Ventures Teams Up With The Weldon Project To Push For Federal Cannabis Reform
Tuesday, September 26, 2023 - 7:41am | 558Vertically-integrated cannabis company 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is partnering with The Weldon Project, a non-profit dedicated to driving social change and furthering federal cannabis reform and supporting those incarcerated for nonviolent cannabis-related offenses...
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How Much Cannabis Does America Really Grow And How It Compares To Other Big Crops: Answer Might Surprise You
Tuesday, September 5, 2023 - 1:26pm | 650Leafly Holdings, Inc. (NASDAQ: LFLY) annual Cannabis Harvest Report reveals that in some states, cannabis is consistently one of the highest-value crops in the field, though the federal government and some state and local governments do not track weed harvest...
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How To Buy And Sell Distressed Assets: Find Out At The Most Important Conference For Cannabis Investors
Wednesday, August 30, 2023 - 12:17pm | 545The upcoming Benzinga Cannabis Capital Conference in Chicago on Sept. 27-28 will shed light on a transformative trend: distressed assets in the form of companies shifting from a vertical integration model to an asset-light approach. A key panel will feature experts including Michael Hogan,...
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Cannabis Seltzer Sales Soar As Consumers Seek Buzz Without The Booze, Benzinga Conference Will Examine This Trend
Wednesday, August 30, 2023 - 9:12am | 823America’s love affair with hard seltzer began back in 1993 when Coors Brewing Company launched a carbonated beverage, Zima Clearmalt that was marketed as an alternative to beer. Now, three decades later, seltzers are losing the booze and adding another ...