Browsing Tag
Business
45 posts
Chuck Schumer Says ‘Time Has Come’ To End Prohibition of Cannabis
Is the eighth time a charm in the push to allow banking services to cannabis businesses?
November 21, 2023
Palm Springs Puts Temporary Hold on New Cannabis Licenses
The Palm Springs City Council has approved a 45-day moratorium on new cannabis business licenses while recommendations to limit the growth of the industry are considered.
October 30, 2023
Study: LSD Use On the Rise Among American Business Leaders
Business tycoons from every sector of the economy have admitted to experimenting with psychedelics from Steve Jobs to Bill Gates, and a new study found that a surprising number of American business leaders seem to be following suit and taking a dive into the proverbial rabbit hole.
October 17, 2023
Sacramento City Council Meeting ‘Delves Into Chaos’ After Closing 11-Acre Pot Farm
Hundreds of jobs are at stake as a Sacramento business was ordered to close until it meets the criteria for compliance.
October 10, 2023
SAFER Banking Act Passes Senate Committee, Moves to Floor Vote
The SAFER Banking Act advanced past the Senate Banking Committee Wednesday clearing a big hurdle in the path to legal cannabis businesses potentially moving away from the dangerous cash-only system they currently operate on.
September 28, 2023
Texas Cannabis Companies’ Economic Impact Predicted To Surpass Wine
But of course, since it's Texas, there's a catch.
August 15, 2023
Oregon Governor Rejects Cannabis Banking Bill
The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses.
August 15, 2023
New Cannabis Consumption Lounge License Approved in Nevada
LA Lounge LLC has received the first conditional cannabis consumption license for a business that isn’t a dispensary.
July 31, 2023
Cannabis Businesses Affected by Flooding in Vermont Don’t Qualify for Federal Aid
Due to the federal status of cannabis, business owners in Vermont can’t acquire assistance from the federal government after intense floods in Vermont last week.
July 19, 2023
Santa Barbara County, California to Implement ‘Death Penalty’ Tax Rule
Cannabis license holders in Santa Barbara County must pay quarterly taxes or risk losing their licenses.
June 30, 2023