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Cannabis Needs a Unified Financial Backbone
The cannabis industry’s biggest financial challenge isn’t banking access alone. It’s fragmentation. Operators juggle separate solutions for payroll, lending, insurance, and payments, leading to repetitive work, high fees, and compliance headaches. A unified, purpose-built financial infrastructure could eliminate duplicative workflows, automate compliance, improve access to capital, and give operators room to grow. Here’s how that vision could look.
Jones Soda Sells Cannabis Beverage Business
SEATTLE - Jones Soda Co., a craft beverage company, sold its cannabis beverage business, including all related cannabis-specific assets under the Mary Jones brand, to MJ...
Aurora Cannabis Denies Report of $215M MedLeaf Acquisition
EDMONTON, Canada – Aurora Cannabis Inc. (NASDAQ: ACB) issued a formal denial Wednesday regarding widely circulated reports claiming the company planned to acquire New...
‘High Times’ Magazine Resurrected in $3.5M Deal
PHOENIX – Fourteen months after its parent company was forced into a liquidation receivership, a $3.5-million, all-cash acquisition will raise iconic counterculture magazine High...
Captive Insurance for Cannabis: Is Self-Insurance Right for You?
While forty-seven states and the District of Columbia allow the use of medical marijuana and twenty-four states and the district have okayed recreational use,...
Adam Stettner is Reshaping Finance
With limited access to banking, burdensome tax policies, capital scarcity, and payment terms that don’t always fit the needs of operators, the cannabis industry...
Florida Still Attracts Cannabis Investors
Nearly every election over the past decade has changed the landscape for the cannabis industry, and 2024’s was no exception. Whether a second Trump...
Building a Bank of Trust with Communication
It’s an unfortunate fact that today we live in an age of rampant mistrust. Thanks to social media and digital communication, misinformation is easy...
The Evolution of Cannabis Banking
When it first hit my desk several years ago, the idea of “cannabis banking” was much different from what the industry knows today. At...
Embracing Employee Stock Ownership Plans
Successful cannabis businesses are strategic, savvy, and clever. They have to be, don’t they? With harsh regulations like Internal Revenue Code (IRC) Section 280E,...










