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France Encourages Crypto: Circle Registers For Digital Asset Services Provider, Coinbase As Virtual Asset Services Provider
Thursday, December 21, 2023 - 4:31pm | 474To attract more crypto companies to France, the government made two moves to open borders and take advantage of the clarity in industry regulations. What Happened: Circle received conditional registration as a digital asset service provider from the Financial Markets Authority (AMF) of France....
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BitGo Scores Crypto Custody License From Germany On Heels Of $100M Funding Round
Wednesday, November 1, 2023 - 3:00pm | 586U.S.-regulated cryptocurrency custody firm, BitGo received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). The firm already stored crypto assets under the regulator's supervision since 2019 as part of a transitional regime. BitGo’s step, as...
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Former Alameda Research Engineer Launches In Dubai The Crypto Backpack Exchange
Tuesday, October 31, 2023 - 2:12pm | 553Web3 wallet company Backpack received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for Backpack Exchange, which will provide crypto exchange services in Dubai. What Happened? Backpack is also behind Mad Lads, a...
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UK Grants Banking License To Amsterdam-Based Adyen, Which Saw Recent Interest From Cathie Wood's ARK Invest
Thursday, September 7, 2023 - 7:03pm | 485Dutch payment technology giant Adyen (OTCMKTS: ADYEY) nabbed a banking license in the U.K., enabling its merchants to offer cash advances to small and medium-sized enterprises there. Adyen is used by several high-profile companies including Microsoft, Instacart and Subway as an all...
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Hempsana Holdings Receives Health Canada's Approval To Sell Medical Cannabis Directly To Patients Across Canada
Thursday, February 24, 2022 - 9:30am | 245Hempsana Holdings Ltd. has received its medical sales license from Health Canada which provides the company the ability to sell cannabis products directly to medical patients across Canada. On February 4, 2022, the company received the amendment to their sales license marking another important...
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Marijuana Testing Lab Green Scientific Gets Approval For Arizona License, Seeks To Expand To More States
Tuesday, January 11, 2022 - 12:59pm | 351Green Scientific Labs Holdings Inc. (CSE:GSL), a hemp and cannabis testing laboratory has obtained a complete Medical Marijuana Laboratory Registration Certification from the Arizona Department of Health Services for Medical Marijuana testing. Located in Phoenix, GSL’s 11,000 square foot,...
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Allied To Buy Nevada Cultivation License For Cannabis And Psilocybin
Wednesday, February 17, 2021 - 11:57am | 291Medical cannabis company Allied Corp. (OTCQB: ALID) is purchasing a registered cultivation license in Nevada. The deal includes a GMP-complaint facility worth $3.5 million and a land lease for the installment of Allied 9000 square foot building. On the sell side is Fiore...
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'Delay Is Incredibly Costly:' Lawsuits Pile Up In Fight For Illinois Cannabis Licenses
Monday, October 19, 2020 - 12:59pm | 1380This article was originally published on WeedWeek, and appears here with permission. Some of the successful finalists in the Illinois lottery for coveted REC retail licenses are suing the governor and other state regulators who paused the process last month after complaints that it was flawed and...
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L.A. Moves Forward With Oft-Delayed Licensing Process
Tuesday, October 13, 2020 - 5:06pm | 1613This article was originally published on WeedWeek, and appears here with permission. After a year of delays, the city of Los Angeles is set to begin accepting applications for multiple types of cannabis licenses. Some see the development as a promising sign for a process that has been marred by...
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Green Point Expands Internationally With Colombian Seeds License
Wednesday, May 13, 2020 - 4:06pm | 212Florida hemp company Green Point Research has been granted a Colombian license for seed import, export, and commercialization supporting its international expansion. The company applied for this license in early 2019, it allows GPR to commercialize hemp seed in Colombia benefiting U.S. farmers by...