The day before Thanksgiving, often referred to as “Green Wednesday” in the cannabis industry, saw a record number of sales once again. According to data collected by Jane Technologies, recreational sales on Nov. 22 reached $9,209,061.73—an 18.12% increase from Green Friday sales data in 2022, which landed at $7,795,803,80 last […]
Monthly Archives: November 2023
A group of Democratic lawmakers has written a letter to federal financial regulators calling on them to update rules that hinder cannabis business owners with past convictions for marijuana-related crimes. In the letter to the Treasury Department, 20 Democratic Senators and members of the House of Representatives wrote that the […]
A report, issued on Tuesday by Bianchi & Brandt, “assesses the current mergers and acquisitions environment, reflects on the impact of regulatory changes to federal legality—including access to traditional banking—and takes a deep look at the viability of U.S. cannabis operators and global investors who are fueling the industry,” the […]
Diversity among cannabis executives has returned to pre-pandemic levels. At least, that’s according to a new study, which combined surveys and data reports, and found that, as of today, around 39% of business owners in the industry are women, while some 24% are racial minorities – a step up from […]