Tag: investment
California Will Raise Cannabis Taxes in January
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) announced the state will increase the basis for excise tax on legal cannabis...
High-Ranking Dems Join Board of Cannabis Investment Firm
NEW YORK, N.Y. – Former Senator Tom Daschle (D-SD) has joined the advisory board of New York-based cannabis investment firm Northern Swan. Former Representative...
High Times Meets ‘Financial Milestone,’ Extends Period for Investors
LOS ANGELES–Iconic cannabis publication High Times and its parent company, High Times Holding Inc., has successfully raised more than $5 million in a Regulation...
Former Wrigley CEO Spitting Out Gum and Investing in Medicinal Cannabis Company
ATLANTA- The former CEO of Wrigley Gum is entering the cannabis industry.
Wiliam Wrigley Jr. II is one of the lead investors in Suterra Wellness, a...
3 Crowdfunding Platforms for the Cannabis Industry
Crowdfunding has become a popular way for aspiring entrepreneurs to get their ideas off the ground. While traditional business loans or securing money from...
HIGH TIMES LAUNCHES INITIAL PUBLIC OFFERING
LOS ANGELES -- High Times, the most trusted and recognizable brand in the cannabis industry, today announced a Regulation A+ initial public offering that...
SBA Policy Change Chills Loans for ‘Cannabis-Related’ Businesses
WASHINGTON D.C.–A recent policy change at the Small Business Administration (SBA) would prevent any businesses associated with the cannabis industry from accessing SBA-backed loans–even...
Trump Lawyer Cohen Lent Millions to Russian ‘Taxi King’ that Owns Legal Cannabis LLC
NEW YORK – The Associated Press reported today that embattled Trump attorney Michael Cohen might have connections in the cannabis industry.
The FBI investigation into...
Yale Study Looks at Social Effects of Cannabis Use on Young Minority Men
Results from a study recently published in the peer-reviewed Journal of Men’s Health found that cannabis use among young minority men was greatly influenced...
Canndescent Closes $10M Series B to Finance Tenfold Production Increase and Launch New Products
Santa Barbara—Canndescent, a leading cultivator of ultra-premium cannabis, recently closed a $10M Series B offering to finance the launch of new products and to...