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170 Banks Now Armed With Data Insights: Green Check Rolls Out Cannabis Banking Solutions
Thursday, October 24, 2024 - 2:16pm | 297Green Check, a leader in compliant cannabis banking solutions, has introduced a new portfolio management capability for its network of over 170 financial institutions (FIs). This new module provides FIs with a portfolio-wide dashboard that enhances data analysis and offers custom product...
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Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges
Wednesday, October 16, 2024 - 2:46pm | 987It's no secret that cannabis companies are facing some formidable challenges when it comes to raising capital, thanks to marijuana’s onerous classification as a Schedule I controlled substance under federal law. But now with potential changes on the horizon, such as cannabis rescheduling and...
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Cannabis Industry Set To Hit $32B In 2024, Says Economist, With Potential To Double In Coming Years
Monday, October 14, 2024 - 12:37pm | 419Beau Whitney, founder and chief economist at Whitney Economics, revealed that total retail sales for the cannabis industry are expected to reach approximately $32 billion in 2024, with the potential to double within the next few years. At the recent Benzinga Cannabis Capital Conference in Chicago...
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Money Doesn't Grow On Trees, But It Helps Grow Your Cannabis Business: New Partnership Expands Access To Lending
Wednesday, September 4, 2024 - 10:58am | 463Green Check Verified announced on Wednesday that is has entered into an exclusive partnership with CTrust, the cannabis industry's first credit rating and risk monitoring agency and Coda Capital Advisors, a company that provides institutional debt capital to the cannabis industry. The new...
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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...