Tag: Investing

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Washington lawmakers consider allowing cannabis waste to be used in ‘hempcrete,’ other goods

Washington state lawmakers recently approved a bill to let marijuana companies sell their bio-waste for non-intoxicating commercial purposes,  such as “hempcrete,” a slang term for construction bricks made from cannabis fibers. The measure, Senate Bill 5376, would allow licensed marijuana growers to sell leftover marijuana plant product with 0.3% THC …

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Despite prospect of tax savings, MSOs express mix of hope, skepticism on rescheduling

The prospect of federal cannabis rescheduling is on everyone’s minds. Last week, two Chicago-based multistate operators, Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) and Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) addressed the issue in conjunction with their annual financial reports. While GTI reported net income in 2023 of …