Financing the cannabis business is not as easy as the banking industry

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Pot Inc. has been popping the champagne corks (or, in this case, rolling some fat joints), and it’s not just to celebrate the New Year. President Trump just came to the rescue of the $60 billion industry, putting the drug in a low-level federal category in which dispensaries, farms and various weed-related products said they […]


‘Trump effect’ raises hopes for cannabis rally

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Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded […]


NY cannabis merchants fume they can’t open pot lounges because of foot-dragging by regulators

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Hash-sheesh! Operators of licensed cannabis stores in New York are griping that they’re unable to open pot lounges where customers can consume weed on site because officials are dragging their feet to draft the needed rules. Illegal weed store signage in Chelsea, New York. Helayne Seidman The Marijuana Regulation and Taxation Act of 2021 legalized […]