Missouri was set to ban intoxicating hemp products on September 1, 2024, but Secretary of State Jay Ashcroft denied the emergency rulemaking. Green Market Report previously reported that Gov. Mike Parson issued an executive order banning the sale of “unregulated psychoactive cannabis products,” a move that would have had a huge …
If you think it’s hard to make a profit by selling cannabis, it’s equally hard to make a profit selling a cannabis business. Valuations for West Coast cannabis properties have dropped tremendously, according to Green Life Business CEO Drew Mathews. Mathews said one store he’s selling would have sold for …
By Dan Roda, chief credit officer, Safe Harbor Financial The cannabis industry is still grappling with legal complexities, stigma and evolving regulations, making traditional financing options more difficult to access. Banks and financial institutions often view cannabis businesses as high-risk due to the federal status of cannabis, despite its legalization …
Cannabis real estate investment trust company Nova Net Lease REIT (CSE: NNL.U) (OTCQB: NNLRF) announced its financial results for the second quarter ending June 30, 2024. As of June 30, 2024, the REIT, through its subsidiaries, owned one investment property and had an investment in a joint venture that owned two …