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Trouble Brewing? A Look at the Cannabis Industry’s Signs of Distress – and Resilience

Cannabis Law Report

This month, cannabis operators closed their doors on more than ten dispensary locations in Michigan and Colorado. As cannabis remains illegal at the federal level pursuant to the Controlled Substances Act, operators still struggle to find adequate banking services. billion by 2025. Where Do We Go From Here? All is not lost.

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Dama Financial to Acquire GrowFlow

Cannabis Law Report

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

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How ‘essential’ transformed the US marijuana industry amid the COVID-19 pandemic

SpeedWeed

The fact that you couldn’t go to your hairdresser but you could go to a dispensary opened a lot of people’s eyes that this is an industry that’s here to stay,” Bernard said. You can look at the demographics and see how many people are approaching the plant with something in mind; with joint pain, anxiety, with trying to manage a condition.

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iAnthus Announces Closing of Recapitalization Transaction, $25 Million Additional Financing and Other Corporate Updates

Cannabis Law Report

Prior to founding Hadron in 2004, Marco was managing director at the Royal Bank of Canada in London , where he worked from 1998 to 2004. iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout the United States. About iAnthus. For more information, visit www.iAnthus.com.

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A Hidden Origin Story of the CBD Craze

SMPL

In addition to convincing marijuana dispensaries to widely carry CBD, they wanted to educate the public about its promising benefits. Last year, the investment bank Cowen estimated that the U.S. CBD industry will be worth $16 billion by 2025. Mike Tyson offers a cannabidiol-infused water called DWiiNK.

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Meritas Law Firms Worldwide Article: Global Cannabis Industry: The Essential Primer

Cannabis Law Report

The sales prices of dispensaries are rising almost daily.”. Some of the potential health benefits associated with THC and CBD, with and without the high, respectively, include reducing chronic pain such as from migraines or cancer, alleviating anxiety, reducing inflammation, and helping treat conditions such as epilepsy, PTSD, and glaucoma.

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