Cannabis REIT AFC Gamma Reports 276% Net Income Growth Reaching $7.9M In Q2 …

released its results Thursday for the quarter ended September 30, 2021, reporting net income of $7.9 million versus net income of $2.11 million in the same period of the prior year. Since the start of the third quarter, AFC Gamma closed on over $165 million in new commitments, and our pipeline remains robust,” Leonard Tannenbaum, […]

Cannabis tech startup Dutchie raises $350M to double valuation to $3.75B in less than a year

The Bend, Ore.-based creators of technology to help facilitate legal cannabis orders has raised $350 million in a Series D funding round, announced Thursday. The company’s technology includes e-commerce, point of sale and seamless payment solutions and is used to power annual sales of more than $14 billion at 5,000 cannabis dispensaries across North America. […]

Cannabis has been legal almost 3 years, yet retailers say banks are shutting them out | CBC …

“I tried every single one of them. “High risk? It’s no more high risk than a casino, a bar, or a restaurant,” he said. “Even those folks were shocked by the treatment they received when they went into those institutions,” Pehota said. “We support emerging Canadian industries and seek to offer clients the best products […]

The Crypto World Moves A Step Closer To A Direct Bitcoin ETF – News Nation USA

The SEC this month has to approve, deny or delay as many as four Bitcoin-futures ETFs, according to Bloomberg. Those companies, it says, hold most of their assets in Bitcoin or make most of their money from Bitcoin transactions. government has raised concerns about the cryptocurrency’s volatility, energy consumption and its role as a vehicle […]

US Cannabis Industry is ‘Flourishing’ In Spite Of (Or Because Of?) General Economic Downturn

With the majority of Americans now living in a state where some form of cannabis is legal, the industry got a substantial push when dispensaries were deemed essential businesses throughout the pandemic and quickly became the worthy recipients of extra cash people had on hand from much-need stimulus checks. “The industry is also expanding rapidly and creating jobs. Walsh […]

Cannabis may have originated in northwest China, study suggests

Their genomic analysis separated the samples into four major groups, including basal cannabis, which is found in China and the United States. Modern Chinese landraces — cultivated plants that have been altered through agriculture — and feral cannabis plants are now the closest descendents of the ancestors of hemp and marijuana, the study said. After […]

Atlanta Inno – Atlanta startup CannaGo combats cannabis stigma with CBD delivery service

When he was younger, his mom got into a bad car accident that still causes her chronic pain. CannaGo, which launched this summer, partners with CBD stores to deliver products directly to customers, like an Uber Eats model. CBD, or cannabidiol, is derived from the hemp plant and used to treat health issues such as seizures, anxiety or chronic […]

8 Latest Reddit Stocks Trending in June

The group of retail stock traders has successfully orchestrated targeted buying campaigns and produced viral social media movements associated with a handful of heavily shorted stocks. Clover Health Investments is a Medicare insurance technology company backed by influential venture capitalist Chamath Palihapitiya, and it has become the latest Reddit short squeeze phenomenon. However, the health […]