financial impact

The Financial Impact of Cannabis Rescheduling

Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled...
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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...
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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...
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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...
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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...
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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)...
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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...
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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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Assessing the Value of Distressed Assets

New investment in the cannabis industry has slowed due to a combination of stifling regulations, economic uncertainty, lack of access to capital, and restrictive...