George Archos, CEO of Verano Holdings Corp. (OTC: VRNOF) penned a letter to Alabama Governor Kay Ivey expressing the company’s commitment to the state and raising concerns over the recent scrapping of its cannabis business license. The Chicago-based multistate operator had its hopes up in June when it was awarded …

On August 3, Green Market Report hosted its 2023 Finance Summit. At the Summit, the winners of the 2023 GMR Cannabis Finance Awards were announced. The winner of the Top Investment Firm was Entourage Effect Capital (EEC), which was formerly known as Cresco Capital Partners. The firm has been in business since 2014, …

Chicago-based cannabis financial technology company Spence Labs is suing tech biggie Fidelity National Information Services (FIS) (NYSE: FIS) claiming the company backed out of a partnership deal that essentially killed the company. Law360 reported that Spence Labs filed the case on August 23 in the United States District Court for the …

This story was republished with permission from Crain’s Detroit and written by Dustin Walsh. Cannabis cultivators take great care. Transferring a seedling from its mother plant to new pots. It joins its siblings in a highly-controlled room. Twelve hours of light, 12 hours of darkness. Its vegetative state is critical …