Cannabis Banking for employees DALL-E mgmagazine

3 Smart Money Moves for Cannabis Industry Professionals

The world of finance can feel like a bit of a wild ride for professionals working in the cannabis space. Because of the unique...
High Times assets for sale mg Magazine

Bankrupt High Times Sees Fire Sale of Assets

LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most...
MedMen-Financial-Crisis-cannabis-mgretailer

MedMen Declares Bankruptcy

LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings...
business man struggling to collect money from a trap

Delinquent Payments Topped $3.8 Billion in 2023

PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
Investor Caution DALL-E mg magazine

Investors Remain Cautious While Technology Holds Promise

With federal legalization nowhere in sight and legislative reforms unlikely this year, companies looking for investment in 2024 are in a more precarious position...
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Thrive to Survive with Risk Mitigation Strategies for 2024

The cannabis industry’s rapid expansion continues to present both opportunities and challenges. As the market matures, companies must adapt and strategize to thrive in...
Charging Bull in Lower Manhattan, New York City.

German Cannabis Legalization Fuels Surge in Weed Stocks

NEW YORK – Cannabis stocks soared Friday on the news Germany’s parliament legalized cannabis for personal possession and use. Canopy Growth Corporation’s stock (NASDAQ: CGC)...

Stocks Slide As Fears about DEA Dissent Boil Over

NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
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The Impact of Rescheduling under the Bank Secrecy Act

In recent years, the debate surrounding the legalization and decriminalization of cannabis has gained considerable momentum. As jurisdictions across the globe move toward loosening...
DALL E mg magazine

The Snowball Effect of Unpaid Bills

“The check is in the mail” appears to be the new mantra of the United States cannabis industry. While delinquent payments sadly have been...

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