Managing Receivables in 2024
In the early days of California’s medical market, dispensaries set the rules, payment terms, and timetables, and growers and other vendors could either fall...
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...
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...
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...
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...
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...
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...
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)...
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...
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...