This Cannabis Payment Solution Has Facilitated $500 Million in Transactions

CEO Dustin Eide sat down with New Cannabis Ventures to discuss CanPay’s network, its market reach and a recent payments milestone. When the Cole Memo and FinCEN guidance were released that same year, he saw the opportunity to  start building the CanPay model. Cassandra Ingram helps keep CanPay compliant with regulators and federal guidance, which […]

Federal cannabis bill amendments cleared for floor votes (Newsletter: March 31, 2022)

The results of Lamar, Colorado initiatives on allowing and taxing recreational marijuana sales were invalidated by a judge who found that the city violated its charter by putting them on the ballot. Researchers said they developed a new cannabis cultivation facility design that “could result in 50% less electricity use when compared to the overall […]

Congressional Researchers Identify Challenges Caused By Federal Marijuana Prohibition …

“If marijuana remains a controlled substance under the CSA under any schedule, that would maintain the existing conflict between the federal government and states that have legalized recreational marijuana, though moving marijuana to a less restrictive schedule could help mitigate conflicts between federal law and state medical marijuana laws. The panel effectively replaced the original […]

TAAT® Presenting to Institutional Equity Investors at the Jefferies Cannabis Summit | Financial Post

Taking place at the InterContinental Barclay in New York City, the Jefferies Cannabis Summit is a one-day live event with global virtual attendance options in which cannabis industry players will deliver their respective corporate presentations and engage in one-on-one meetings. In 2021, Jefferies initiated coverage of seven cannabis companies in the United States, placing a […]

Bayonne considers major changes to cannabis ordinance – Hudson Reporter

It would also restrict cannabis retailers and suppliers from the IL-A and IL-B Light Industrial Districts. This ordinance would establish a Cannabis Preliminary Review Board. The Review Board would be comprised of three members including: the mayor or their designee, a city council member to be designated by the council, and the Director of Public […]

NMU Hosts Cannabis Education Conference | Northern Today

Northern Michigan University will host the first-of-its-kind Great Lakes Cannabis Education Conference on Tuesday, April 19. It paved the way in cannabis education by offering the nation’s first four-year undergraduate degree program of its kind designed to prepare students for success in the emerging industries relating to medicinal plant production, analysis and distribution. There will be […]

Why Cannabis Stocks Could Be Hot Buys in April | The Motley Fool

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. If that happens and the result is positive, marijuana stocks could be back in the mainstream, potentially sending their valuations soaring in April. This week, the House of Representatives is expected to vote on the Marijuana Opportunity, Reinvestment, […]

Canadian marijuana producers watch closely as Democrats aim to rewrite US cannabis laws

But federal law still considers it a Schedule I controlled substance with high risk of abuse and no accepted medical use, alongside drugs like heroin, LSD and peyote. That makes it impossible for companies operating in a legal landscape like California or Colorado to make use of institutional banking or financing services, access capital markets […]

Council revisits cannabis retailers expanding outside downtown core | Energeticcity.ca

Councillors Byron Stewart,  Lilia Hansen, and Gord Klassen voted in favour, while Mayor Lori Ackerman, Jim Lequiere and Tony Zabinsky were opposed. “No issues from RCMP, no issues from community, no issues from Northern Health, no issues from the school district. Based on public feedback in 2018, it was recommended that stores only be permitted […]

RIV Capital to Buy New York Cannabis Company Etain for $257 Million

TORONTO, March 30, 2022 /PRNewswire/ – RIV Capital, Inc. Mr. Sims is a current director of RIV Capital, a role he will retain, and most recently was Senior Vice President of Strategy and M&A for The Scotts Miracle-Gro Company , where he also previously served as its CIO and head of business transformation. Mark has deep experience […]