The state of Massachusetts is poised to distribute more than $27 million in funds among social equity cannabis businesses, after a fund dedicated to supporting such companies got a cash infusion earlier this year. The state Cannabis Social Equity Trust Fund was originally underfunded due to a technical glitch and …
New York cultivators have a year to submit a sustainability plan
New York’s Cannabis Advisory Board met on Tuesday and detailed plans for the state’s cultivators to begin preparing to address the sustainability requirements outlined in the Marijuana Regulation and Taxation Act (MRTA). Protecting the environment and improving the state’s resiliency to climate change are two key intentions of the law. …
Credit markets for marijuana companies ‘come back to life’
The analysts at Viridian Capital Advisors celebrated what they saw as a positive trend of debt refinancing deals over the past month, and wrote in their Chart of the Week that “cannabis credit markets have come back to life.” Viridian cited the July closing by Ascend Wellness Holdings Inc. that …
Top 2024 Trends & Predictions Check-In
In December 2023, Retail TouchPoints unveiled its latest Industry Trends & Predictions Report, a multi-media experience featuring insights from 15 of the industry’s top analysts, futurists and thought leaders. Now that we’re halfway through the year, we thought it would be an ideal time to revisit some of the report’s …