Category: Company news

Cannabis Market Expected to Reach $25 Billion by 2025

A new report by cannabis statistic firm New Frontier Data, which will be released in May, indicates that the marijuana industry in the United States will only continue to prosper into the next decade. “New Frontier Data, the authority in data, analytics and business intelligence in the cannabis industry, has refined our market projections for […]

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States Ask Congress to Support Cannabis Banking

A bipartisan mix of attorneys general from states that have legalized cannabis urged congressional leaders Tuesday to pass legislation that would allow banks to do Cannabis Banking. Law enforcement officials from 17 states, the District of Columbia and Guam say exempting banks that service cannabis businesses from federal criminal and civil penalties would provide safeguards […]

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Attorney General Targets Legal Cannabis in Rescinding Cole Memo

In a shocking, and possible disastrous move, Attorney General Jeff Sessions has rescinded several Obama-era directives that discouraged enforcement of federal marijuana laws in states that had legalized the substance. This could spell doom for the progress made by states like Colorado, Oregon, and as of January 1, California. Cali is expected to become the largest […]

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Golden Leaf Buys Chalice Farms In Oregon Industry Shakeup

Golden Leaf Holdings, a publicly traded Oregon-based cannabis conglomerate, has just announced that it will be buying Chalice Farms. In an industry where information is often guarded close to the chest, it’s hard to say for sure, but the merged venture will surely be one of Oregon’s largest integrated cannabis companies, if not the biggest. […]

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