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In January, marijuana prices in Michigan reached an all-time low, providing significant benefits to retailers and customers. However, smaller growers raise concerns about the surplus supply driving prices down. According to state records, the market has seen an unprecedented increase in supply, with 55 times more marijuana available than two years ago. As a result, […]

You might have heard the saying, “you’ve gotta spend money to make money,” but it never makes it easier to spend said money. This is especially true when looking to start a new business or invest in new equipment. Really, the only thing that eases the mind after seeing cash leave an account is the […]

We’ve written regularly about the plight of cannabis businesses not being able to secure traditional lending (and other financial services) from major, federally regulated institutions. In this post, we dive deeper into a promising federally regulated equity offering as an alternative funding means: Rule 504 under Securities and Exchange Commission (“SEC”) Regulation D. Why aren’t […]

One robber got more than he bargained for attempting to rob a cannabis store in Canada. Kingsway Cannabis in East Vancouver, British Columbia posted a 20-second video on Twitter on March 14, showing a failed armed robbery attempt the night before. CTV Vancouver reports that an armed robbery-gone-wrong was captured on video and shared online. […]

The Kentucky Senate on Thursday passed a bill to legalize medical marijuana after years of work by lawmakers and activists. The Senate approved the measure, Senate Bill 47, by a bipartisan vote of 26-11. The legislation will now head to the state House of Representatives, where similar bills to legalize medical marijuana were passed twice […]