NORML has consistently lobbied against the proposed hikes, arguing that increasing taxes will unduly burden both consumers and licensed retailers. The post Ohio: Governor’s Proposed Doubling of Marijuana Sales Tax Nixed appeared first on NORML.
Author: Extroverting
New York’s marijuana chief says $1.5B in sales is possible in 2025 – MJBizDaily
In a sit-down with MJBizDaily, New York OCM Director Felicia Reid predicted major sales growth even as some licensing approvals slow down.
Standard Wellness received $14M facility from AFC, retires other debt
Standard Wellness Holdings LLC secured a $14 million senior secured credit facility from Advanced Flower Capital (NASDAQ: AFCG), the companies announced Thursday. The vertically integrated cannabis company will use the funding to refinance existing debt, including full repayment of its debt facility with Focus Growth Capital Partners and early repayment …
City View Green decides to officially ditch cannabis for tech
City View Green Holdings (CSE: CVGR) (OTC Pink: CVGRF) recently warned investors it was considering a pivot out of cannabis and becoming an investment issuer. Now it’s making that official. The company has proposed to spin out its wholly owned subsidiary, 2590672 Ontario Inc. Following the spin-out transaction, the company …