New York Fashion Week Gets a Fresh Spin with Exclusive Cannabis and Fashion Party Featuring Tia Corine
NEW YORK -- Get ready for a groundbreaking fusion of style and sensation as Bloom takes over New York Fashion Week. The invitation-only event, set to take place from 4:20pm to 11pm on Sunday, September 8, promises to be a highlight of the season, featuring a headlining performance by emerging hip-hop star Tia Corine. Attendees will experience an evening...
Green Check Partners with CTrust and Coda Capital Advisors
BONITA SPRINGS, Fla. -- Green Check (GC), a leading provider of financial service solutions and insights in the cannabis market, announced an exclusive partnership with CTrust, the cannabis industry’s first credit rating and risk monitoring agency, and Coda Capital Advisors, a firm providing institutional debt capital to the cannabis industry. The partnership will provide banks and credit unions with new, data-driven transparency and...
Beard Bros. Calls on Biden to Free Edwin Rubis
LOS ANGELES -- Beard Bros Pharms, a legacy brand on the leading edge of the legal cannabis industry, is calling on President Joe Biden to grant a full pardon and release 56-year old Edwin Rubis from federal prison where he has served 27 years of a 40 year sentence after being convicted on non-violent cannabis related charges in the late 1990s.
President...
Last Prisoner Project’s Inaugural Journey to Justice Gala Celebrates Five Years of Cannabis Justice
NEW YORK – The Last Prisoner Project’s (LPP) inaugural Journey to Justice Gala, marking the organization’s 5-Year Anniversary has added honored guests NFL Hall of Famer Calvin Johnson and Eddie & Wendy Essefo of the Real Housewives franchise, along with comedian and actor Guy Torry who will serve as the evening’s MC. The milestone event taking place on Tuesday,...
Automation is Standardizing the Cannabis Industry
Standardization occurs when the majority of businesses in an industry adopt the same processes or create certain products in a shared, consistent manner. Consider a box of cereal, for example. I guarantee no matter which brand you choose, each box will open in the same way.
In the cannabis industry, we’re seeing standardization steadily spread across product categories. One major...
Survey Highlights Gaps, Opportunities in Cannabis Banking
WASHINGTON -- Shield Compliance, a market-leading compliance platform for cannabis banking, released the findings of its annual survey of licensed cannabis operators regarding their satisfaction with banking partners, products, and services.
As regulations and attitudes toward cannabis evolve, financial institutions (FIs) must understand the needs and concerns of cannabis operators to serve them effectively while meeting regulatory requirements, the expectations of...
Whitney Economics Reduces 2030 Hemp Fiber, Grain Acreage Forecast by 4.5 Million Acres
PORTLAND, Ore. -- Whitney Economics (WE), a global leader in cannabis and hemp business consulting, data, and economic research, today announced it has revised its hemp grain and fiber forecast for 2030 to 1.0 million acres, down 82% from its previous forecast. This is the equivalent to nearly $3.1 billion in lower revenues projected for U.S. hemp farmers, based on output and...
KEY Investment Partners Launches Cannabis Credit Offering
DENVER – KEY Investment Partners has established a new cannabis credit offering, providing growth capital to cannabis businesses from a source with in-depth knowledge of the industry. In addition, KEY closed a senior credit facility with The Dispensary, an Illinois cannabis operator seeking to grow its retail footprint and expand its craft cultivation capabilities.
Co-founded in 2015 by Dan Dolan and his...
Mint, Shango Joint Venture Acquires The Cannabist Company’s Florida Operations
TEMPE, Ariz. -- Private multi-state operators MINT Cannabis and Shango have, through a joint venture, entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.’s Florida subsidiary. This acquisition of a dominant operational Florida vertical is anticipated to provide immediate scale for the MINT SHANGO JV in this state through 14 dispensary locations, two cultivation and...
HAB Cann Holdings Buys Heritage Cannabis Holdings Out of Bankruptcy; Shares Delisted
TORONTO - HAB Cann Holdings Ltd. (HAB Cann) acquired Heritage Cannabis Holdings Corp. in a stalking-horse transaction as part of Heritage's court-approved creditor protection proceedings. The transaction included Heritage Cannabis West Corporation and Heritage Cannabis East Corporation.
Heritage and its Canadian subsidiaries (collectively, the Heritage Group) obtained an initial order from the Ontario Superior Court of Justice (Commercial List) granting the Heritage Group protection...