Reflections Across the Pond: Banking Blues for UK Cannabis industry
Marijuana Industry News February 8, 2022 0
Banks, insurance companies and payment providers are refusing to work with cannabis-related companies throughout the UK, hampering the growth of the industry and leaving many in financial limbo. BusinessCann recently reported that Metro Bank, previously thought to be one of the few UK banks open to working with cannabis... Read more
Republican-backed push to legalize weed in Pennsylvania gets underway with hearing
Marijuana Industry NewsPennsylvania February 8, 2022 0
The push to legalize recreational marijuana for adults in Pennsylvania follows legalization moves in neighboring New Jersey and New York. A Republican-controlled Pennsylvania Senate committee on Monday held what was billed as the first of a series of hearings on the potential legalization of recreational marijuana use for adults.... Read more
The Super Bowl won’t be lit: no cannabis ads allowed
Marijuana Industry News February 8, 2022 0
If a brand wants to reach — or offend — a large swath of Americans all at once, there are few better venues than a Super Bowl ad. There are plenty of brands advertising this year that wouldn’t have been allowed in the big game just a few years... Read more
California is investing $35 million more into its cannabis equity programs, applicants and licensees, the Governor’s Office of Business and Economic Development (GO-Biz) announced Feb. 7. The funding is through the Cannabis Equity Grants Program for Local Jurisdictions, which aims to advance economic justice for populations and communities harmed... Read more
Mississippi Electrical Supplier May Pull Plug on Cannabis Businesses
Marijuana Industry News February 8, 2022
California is investing $35 million more into its cannabis equity programs, applicants and licensees, the Governor’s Office of Business and Economic Development (GO-Biz) announced Feb. 7. The funding is through the Cannabis Equity Grants Program for Local Jurisdictions, which aims to advance economic justice for populations and communities harmed... Read more
California is investing $35 million more into its cannabis equity programs, applicants and licensees, the Governor’s Office of Business and Economic Development (GO-Biz) announced Feb. 7. The funding is through the Cannabis Equity Grants Program for Local Jurisdictions, which aims to advance economic justice for populations and communities harmed... Read more
Senate Majority Leader Chuck Schumer Says He Will Formally Introduce Cannabis Administration and Opportunity Act in April
Marijuana Industry News February 8, 2022
California is investing $35 million more into its cannabis equity programs, applicants and licensees, the Governor’s Office of Business and Economic Development (GO-Biz) announced Feb. 7. The funding is through the Cannabis Equity Grants Program for Local Jurisdictions, which aims to advance economic justice for populations and communities harmed... Read more
New York Cannabis Regulators Send Cease and Desist Letters to Unlicensed Businesses
Marijuana Industry News February 8, 2022
Those hoping to get an early start as players in New York’s forthcoming adult-use cannabis market may have shot themselves in the foot for future licenses. The state’s Office of Cannabis Management (OCM) sent out letters Tuesday ordering businesses suspected of illegally selling or gifting cannabis to cease and... Read more
InterCure Reports Record Preliminary 2021 Fourth Quarter Revenue – 3 Times YoY and 24% QoQ Growth
February 8, 2022
Ryan Allway February 8th, 2022 News, Top News Estimated revenue reaches over CAD$31 million (a record NIS 77 million) Anticipates continued increases in adjusted operating profit and EBITDA Revenue growth expected to continue throughout 2022 TORONTO and HERZLIYA, Israel, Feb. 08, 2022 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR)... Read more
