Capital Options Slims for Cannabis Businesses, But Money Still Accessible

Capital Options Slims for Cannabis Businesses, But Money Still Accessible

Real estate collateral still one of the best bets for raising capital. Cannabis companies looking for a cash injection will probably have a tougher time in coming months than in previous years, as the investor pool shrinks and financing options have narrowed, several experts told attendees during a finance forum this week in Las Vegas. …

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Judge Lobs Florida Agriculture Commissioner’s Lawsuit Interesting Federal Laws on Medical Cannabis and Firearms

Judge Lobs Florida Agriculture Commissioner’s Lawsuit Interesting Federal Laws on Medical Cannabis and Firearms

A U.S. district judge has dismissed Florida Agriculture Commissioner Nikki Fried’s lawsuit challenging the federal laws that govern medical cannabis and firearms. Judge Allen Winsor granted the Department of Justice’s (DOJ) request to dismiss the case, which claimed that current regulations that prohibit medical cannabis patients from buying and possessing guns violate Second Amendment rights, …

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Curaleaf Chairman: Cannabis May Emulate Tobacco Oligopoly

Curaleaf Chairman: Cannabis May Emulate Tobacco Oligopoly

The modern marijuana industry is headed toward massive consolidation that will eventually feature just a handful of companies atop a global supply chain, predicted Curaleaf Executive Chairman Boris Jordan during an appearance at an investor forum this week. Jordan, speaking during Cannavest at MJBizCon in Las Vegas, told audience members that a close friend of …

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International hemp organization to name opening board of directors

International hemp organization to name opening board of directors

The newly-created Federation of International Hemp Organizations (FIHO) will finalize its first-ever board of directors at an inaugural general meeting this Friday, Nov. 18 in Saskatoon, Saskatchewan, Canada. The group, which announced it was forming last year and held an organizational meeting in March, has said it will address key issues that affect the industry …

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Attorney, Law Enforcement Hesitant How Recreational Marijuana Will Affect Missouri Regulating

Attorney, Law Enforcement Hesitant How Recreational Marijuana Will Affect Missouri Regulating

LOUIS — Missourians will be able to buy recreational marijuana by early February, but both attorneys and police are unsure what the drug’s legalization means for police departments, officers and residents. Attorneys speculated that charges for driving while intoxicated could rise as the use of marijuana increases. And they said the shift in law could …

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Moxie Cannabis & High Times Copes Various Similarities

Moxie Cannabis & High Times Copes Various Similarities

Both have unpaid debts and haven’t managed to go public as planned. It seems High Times and the company it just bought, Moxie Holdings, have a lot in common. Both companies failed to go public as planned, and both have not paid their debts. Moxie Misfires Moxie Cannabis, also known as MXY Holdings, told investors back in …

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