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Hemp Donations Fuel DeSantis And Florida GOP's Charge Against Weed Legalization, New Findings
Monday, November 4, 2024 - 4:29pm | 822As Americans head to the polls on November 5 to elect a new president, Floridians will also weigh in on cannabis legalization. Gov. Ron DeSantis has been leading the anti-marijuana charge in the months-long heated debate. The governor and the Republican Party of Florida have found a common bond...
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EXCLUSIVE: Medical Marijuana Programs Often Suffer When Recreational Use Is Approved: Expert Proposes Across-The-Board Access For Both (UPDATED)
Thursday, October 10, 2024 - 12:12pm | 706Cannabis ombudsman discusses protecting medical marijuana patients during state's transition to recreational use at Benzinga's Cannabis Capital Conference. Editor’s note: This story has been updated to more accurately depict comments by Erin Gorman Kirk at the Cannabis Capital Conference....
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California's Hemp Ban 'Likely Won't Be The Last': Will It Push Consumers Back To Licensed Operators?
Thursday, October 3, 2024 - 9:20am | 478California’s recent decision to implement emergency rules severely limiting hemp products has sparked concerns throughout the cannabis industry. Governor Gavin Newsom‘s action is part of a broader regulatory trend that could shape the future of cannabis markets nationwide. As the...
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Cannabis Businesses Face Tax Dilemma: A Closer Look At IRS Roadblock
Monday, March 25, 2024 - 10:39am | 739The cannabis industry is currently navigating a significant financial obstacle due to the IRS’s Section 280E, a tax provision that places a heavy burden on legal cannabis operations. Matt Hawkins, founder and managing partner of Entourage Effect Capital and upcoming speaker at Benzinga...
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Cannabis Industry Responds To Biden's Historic State Of The Union Call For Cannabis Reform
Friday, March 8, 2024 - 2:42am | 721President Joe Biden’s historic remarks about cannabis reform in Thursday’s State of the Union speech sparked widespread discussion across the industry, which many cannabis companies shared with Benzinga. Ayr Wellness (OTCQX: AYRWF) president & CEO David Goubert “As a...
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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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Overvalued Or Opportunity? Experts Navigate The Landscape Of Europe's Cannabis Market
Monday, July 24, 2023 - 3:50pm | 742"European cannabis companies are still overvalued," stated Emily Paxhia, co-founder and managing partner at Poseidon Investment Management. Notably, Germany did not legalize the recreational use of marijuana as anticipated, but rather scaled back its law reform plans after liaising with...
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EXCLUSIVE: Strategies From 4 Cannabis Industry Leaders To Combat Price Compression, Alternative Cannabinoids
Wednesday, April 12, 2023 - 1:37pm | 547On day two of Benzinga's Cannabis Capital Conference in Miami, industry experts gathered to discuss the pressing issue of price compression in the cannabis sector. The panelists, featuring Matt Hawkins, founder and managing partner at Entourage Effect Capital; Pablo Zuanic from Zuanic...
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EXCLUSIVE: How Top Cannabis Retailers Are Tackling Price Compression, According To EEC's Matt Hawkins
Tuesday, April 4, 2023 - 5:53pm | 383The 16th edition of the Benzinga Cannabis Capital Conference, the world's most successful cannabis business event, is set to take place at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. This highly anticipated event is known for fostering deal-making, capital raising, and M&...
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What Are Cannabis Investors Waiting For To Deploy Capital? It's All About This One 'Signal'
Thursday, September 22, 2022 - 1:03pm | 563The cannabis industry is growing exponentially, yet businesses are struggling to secure the funding necessary to start up and grow. "The reality is that there's very, very little new capital entering the space right now." That's according to Matt Hawkins, the founder and managing...
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Harborside Teams Up With RNBW, A New Cannabis Brand Offering Exclusive Integrations With Live Music Events
Monday, October 18, 2021 - 8:51am | 571Vertically integrated cannabis company Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) confirmed Friday that it has teamed up with RNBW, a new premium cannabis brand produced in collaboration with music giant Insomniac. The two companies entered into a retail partnership, under...
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Harborside Acquires Desert Hot Springs Retail Store For $4.92M In Stock And Cash
Friday, September 3, 2021 - 10:12am | 457Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) announced Friday it has purchased 100% of the issued and outstanding equity interest of Accucanna LLC, the license holder of the Company's Desert Hot Springs retail dispensary location together with the real property relating to the DHS for $4....
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Harborside Second Quarter Revenue Grows 23.4% To $15.4M
Tuesday, August 31, 2021 - 8:37am | 702Vertically integrated cannabis company Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) reported its financial results Monday for the second quarter ending June 30, 2021 revealing total net revenue of $15.4 million which compares to $12.4 million in the same period of 2020. Second Quarter...
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Cannabis Movers & Shakers: Harborside Shakes Up Leadership Team, Pure Harvest Strengthens Advisory Board
Wednesday, July 21, 2021 - 2:38pm | 507Harborside CEO Steps Down, Matt Hawkins Named Interim CEO, Ahmer Iqbal New COO Vertically integrated cannabis company Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) announced Monday that Peter Bilodeau will be stepping down as interim CEO. Matt Hawkins, chairman of the Oakland-based company, agreed to...
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Why The Stigma Around Cannabis Investments Is 'Gone'
Thursday, February 25, 2021 - 4:15pm | 633The cannabis sector has yet to completely shed its reputation of being part of the "wild, wild west," but much has changed, T3 Ventures President Tahira Rehmatullah said Thursday during Benzinga's virtual Cannabis Capital Conference. Cannabis operators with plenty of...