Business

Business, Enforcement

Buyer Beware: Cannabis Scams Ahead

A complicated but lucrative industry draws eager investors and lots of lawyers, brokers, and advisers to serve them. Most are honest. But not all.

Business, Congress

Senate Banking Committee Chairman Mike Crapo Pumps Brakes on Cannabis Banking Bill

Crapo laid out “significant concerns” about the SAFE Banking Act on Wednesday, suggesting a 2% THC cap on products eligible for financial services.

Business, Enforcement

What Do CBD and Hemp Consumers Complain About to the Federal Trade Commission?

Here’s what we found from the last two years: Hundreds of complaints, ranging from false data about THC content to obscenely positioned gummies.

Business, Enforcement

American Bankers Association Conference Puts a Spotlight on Cannabis Banking Risks

Representatives from JPMorgan Chase and the Peoples Bank North Carolina outlined the complex and confusing process involved in serving the cannabis industry.

Business

UFCW to Northeast Governors: If You Legalize, Protect Cannabis Workers’ Rights

The union represents more cannabis workers than any other in the US, and wants labor peace agreements baked into the legalization plans taking shape across the northeast.

Business

Canopy Growth Reports Yet Another Weak Earnings Quarter

Losses widened year-over-year, while net revenue declined 15 percent from the previous quarter, for the world’s highest-valued cannabis company.

Business, Canada, Enforcement

Canada’s Securities Regulators Warn Cannabis Industry Over “Conflicts of Interest”

Today, guidance was released for cannabis companies due to the "higher than usual crossover of financial interests" in the industry.

Business, Q&A

Q&A: Five Questions for Bruce Linton and Kyle Kingsley

Cannabis Wire caught up with the Canopy Growth founder and former CEO on his decision to join Vireo Health as executive chairman.

Business

Bruce Linton Named Executive Chairman of Vireo Health

The former CEO of Canopy Growth could receive up to 15 million shares for his role at the multistate cannabis company.

Business

Aphria Reports a Second Consecutive Profitable Quarter, While Some Investors Share Concern Over Canadian Market

During an earnings call on Tuesday, Aphria emphasized Canadian growth opportunities against what some investors see as a disappointing first year of adult-use sales in the country.

Business, Global

Global Exchanges Brace for Impact as Congress Seriously Considers Cannabis Banking Bill

Stock exchanges in Canada, Australia, and Jamaica talk to Cannabis Wire about how closely they’re watching US cannabis legislation that could change the international economic landscape.

Business

MedMen and PharmaCann Kill Their $682 Million Merger

Less than ten months after the companies agreed that MedMen would acquire PharmaCann, one of the biggest deals in cannabis history came to an end.

Business, California

Champagne, Roquefort, and . . . Mendocino? The Appellations Discussion Warms Up

What regions get to apply a geographical label to its cannabis? Does an international perspective help? Should a name be connected to the land?

Business, California

California Issues New Guidelines for Banking Cannabis Businesses

More and more state financial institutions in California are banking or considering banking cannabis businesses, according to state officials.

Business, Global

In a Global Patchwork of Cannabis Laws, How Do You Move Cannabis and Its Money?

The International Cannabis Bar Association hosted discussions on the interplay between countries that have tightly-regulated cannabis laws, and more lax ones.

Business, Global, Q&A

Q&A: Canadian Securities Exchange director talks global industry with Cannabis Wire

Cannabis Wire co-founder interviews Barrington Miller, CSE director of listed client services, at the ArcView Group’s investor forum.