Veriheal
MAY 5, 2023
A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Unfortunately, the tweaked legalization bill also postpones the expungement of non-low-level charges until 2025. Let’s dive into this week’s canna-news.
Cannabis Law Report
MAY 2, 2022
(NASDAQ:AFCG) (“AFC Gamma”) today announced that it has entered into a senior secured revolving credit facility (“Credit Facility”) with $60 million of current commitments from two FDIC-insured banks and the ability to increase the facility to $100 million.
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The Blunt Truth
DECEMBER 16, 2022
This week, we report (with skepticism) on the chances of SAFE Banking making it into the omnibus bill. SAFE BANKING (SIGH). More licenses are expected in 2025. Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. AND FINALLY.
Cannabis Law Report
OCTOBER 7, 2021
At the federal level, we believe regulations will follow a similar path to cannabis – facing a lot of similar hurdles, especially in banking. Other thoughts on where this is all going and will we be seeing by say 2025 a much more liberal understanding of these compounds in the wider population as we now see with cannabis.
Cannabis Law Report
JANUARY 21, 2022
20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3
Cannabis Law Report
AUGUST 20, 2022
One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services. billion by 2025. billion in 2020 to an estimated $16.7 billion to $40.9
Canna Law Blog
MARCH 13, 2024
billion from 2020 to 2025 at a CAGR of 21.74%. Financing: Because cannabis is still illegal at the federal level, most banks won’t provide loans to cannabis companies. As a result, the cannabis industry is growing at breakneck speed, especially when it comes to refined cannabis products.
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