A Delaware Senate committee this week advanced a bill that would provide state-level protections for banks and other financial institutions that serve licensed cannabis businesses. House Bill 355, which already passed in the House, would shield banks, credit unions, armored car services, and accounting firms from state prosecution for working …
Grown Rogue grows ownership of Michigan’s Golden Harvests
Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) has increased ownership in its Michigan operations of Golden Harvests. The move bumped Grown Rogue’s interest in Golden Harvests from 52.2% to 80% via two transactions valued at $2.8 million. The deal consisted of $200,000 paid in cash and $2.6 million paid through 4-year …
The Daily Hit: April 24, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, April 24, 2024. On the Site Deep Roots Harvest to acquire The Source assets The deal will build on C21 Investments’ recent purchase of Deep Roots. Read more here. Adastra reports record sales in 2023, but …
Green Market Report Finance Awards: Darren Gleeman named Best Financial Advisor
At the Green Market Report Finance Summit, hosted at the New England Cannabis Convention in Boston on March 22, Darren Gleeman, managing partner of MBO Ventures, picked up the award for Best Financial Advisor. Gleeman was drawn to the cannabis industry after learning about the tax burden imposed by 280E …