Federal Court Shuts Down Covid-Era Tax Credit for Cannabis
In yet another example of Covid-era benefits not applying to cannabis companies, a federal court in Washington ruled the Employee...
Minnesota Lottery Chooses 249 Prospective Operators
Minnesota selected 249 prospective adult-use cannabis license winners during its first license lottery on June 5, despite what any email...
A Possible Crypto Solution for Cannabis Sales
PDX, a cryptocurrency processor company, is banking on more cannabis consumers and retailers turning toward crypto to get around e-payment...
4Front to Enter Voluntary Receivership
4Front Ventures Corp. (FFNTF), whose cannabis businesses once spanned nine states, is now planning to hand the company over to...
BREAKING NEWS
Market Saturation May Narrow NY Retail Pipeline
The Office of Cannabis Management (OCM) said it will likely have to...
CRB Monitor Securities Update | April 2025
We do indeed live in interesting times. The world braces for the...
Illinois Searching for Bank Services
The Illinois State Treasurer’s Office is searching for a bank to provide...
Maryland Approves Cannabis Business Employee Ownership
As Maryland’s adult-use cannabis market approaches its two-year anniversary, dispensary owners now...
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Rescheduling Cannabis: Formal Rulemaking Process Can Drag On for Years
Tier 1 Cannabis-Related Business records: 89,514 1A CRBs + 4,948 1B CRBs = 94,462 total
Pre-licensing refers to licenses in application. Approved/pending licenses are approved but pre-operational pending additional conditions.
Tier 1A businesses literally touch the cannabis plant at some point along the supply chain from seed to sale, and are licensed by a government agency or regulator.
Tier 1B businesses are highlighted as red flags by FinCEN in its marijuana banking guidance.
