Category: Business

The Canadian cannabis producer strengthened its financial footing as it grows its operations.
The post Cannara extends BMO credit line to 2027, adds new financing appeared first on Green Market Report.

Lume Cannabis launched a new company in Florida to capture a portion of the national intoxicating hemp market.
The post Michigan’s largest cannabis company looks to tap hemp-derived THC market appeared first on Green Market Report.

DeFloria’s cannabinoid drug advances through the regulatory pipeline as the company targets growing ASD market.
The post FDA clears DeFloria’s cannabis-based autism treatment for phase 2 trial appeared first on Green Market Report.

Small cannabis operators may be able to offset their 280E burden through federal tax provision 471(c).
The post New tax provision a potential ‘life saver’ for small cannabis companies appeared first on Green Market Report.

The new agreement includes retroactive raises following company restructuring that slashed employee wages.
The post Eaze Cannabis workers secure union contract after corporate turmoil, pay cuts appeared first on Green Market Report.

While Detroit will receive the largest share, Monroe Township will receive enough to cover roughly 20% of its annual budget.
The post Michigan to distribute nearly $100M in cannabis tax revenue to municipalities, tribes appeared first on Green Market Report.

The firm will shift its focus to digital assets, cryptocurrencies and resource companies while maintaining its existing cannabis operations.
The post BC Bud Corp. to pivot from cannabis, change name to Digital Commodities appeared first on Green Market Report.

Holiday shoppers drove record sales amid steady market expansion.
The post Canadian cannabis sales break half-billion mark in December appeared first on Green Market Report.

The state’s Natural Medicine Division approved seven applications on Thursday.
The post Colorado issues first psilocybin business permits appeared first on Green Market Report.

State officials plan to use funds for staffing and IT infrastructure as the program takes shape.
The post Kentucky medical cannabis program generates $27.5M in application fees appeared first on Green Market Report.