A Closer Look at the Cannabis Industry in 2023

The past few years have seen struggles for many businesses including those in the cannabis industry. With the aftermath of a global pandemic along with rapidly rising inflation rates, still, the future is looking bright for the cannabis industry. In this light, let's look at what the growing cannabis industry…

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The SAFE Banking Act 

The SAFE Banking Act, also known as the Secure and Fair Enforcement Banking Act, is proposed legislation that aims to provide legal protection for financial institutions that work with cannabis-related businesses. Currently, traditional financial institutions do not facilitate cannabis-related transactions due to marijuana's federal illegality. Despite widespread support, the bill…

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Cannabis Industry Financing Challenges

Financing is just one of a list of challenges facing the cannabis industry today.  Because Cannabis remains a Schedule 1 controlled substance at the federal level, it creates hurdles for businesses in the cannabis industry.  The robust economic input and job creation has led to an uptick in acquisitions. Despite…

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