The U.S. cannabis industry is poised for some historic gains with the upcoming presidential election, but that hasn’t translated into investor confidence or a leg up with capital raises, Jason Vedadi, the CEO of Arizona-based multistate operator Story Cannabis, told Green Market Report. Vedadi began the conversation by noting how …
In a bid to avoid oversaturation of the state market, Vermont cannabis regulators this week voted to hit pause on new retail dispensary applications as of Oct. 25. The board made the determination that the 78 stores already open are apparently enough to satisfy demand. The pause will only be …
Pelorus Fund REIT, LLC filed a complaint in a California court Thursday seeking to place StateHouse Holdings Inc. (CSE: STHZ) (OTCQB: STHZF) into receivership. The move comes after StateHouse defaulted on four existing loans, according to Pelorus. The private mortgage REIT is requesting the immediate appointment of a receiver to …
Every fall, coffee drinkers eagerly anticipate the pumpkin spice latte (PSL, IYKYK) drop at Starbucks. The limited-time-only flavor is such a huge hit that the company moved up the drop date this year to garner even more sales. It’s a decision that is being watched closely to see if customers …