Wednesday, September 9, 2020

Marijuana banking numbers slip, but loans may be increasing

Marijuana Business Daily     •     September 8, 2020, 8:03 pm
The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year, according to federal data, likely because of COVID-19 and other…
Marijuana Business Daily     •     September 8, 2020, 10:25 pm
As often happens after winners of state cannabis licenses are announced, losing applicants for retail licenses in Illinois are going to court to delay awarding the permits. Illinois announced…
Marijuana Business Daily     •     September 8, 2020, 11:01 pm
Multistate operator Columbia Care agreed to acquire Los Angeles, California-based marijuana grower and retailer Project Cannabis in a deal valued at $69 million. “The acquisition of Project Cannabis…
Marijuana Business Daily     •     September 9, 2020, 10:30 am
A business-friendly medical marijuana initiative with no license caps in the Deep South state of Mississippi faces a high hurdle in November, but even modest support could sway legislators in…
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