Real estate remains one of the biggest challenges for cannabis operators. Locations in legal markets are often highly restricted, and many landlords don’t wish to rent to marijuana businesses. But finding the right location is possible – and real estate investment trusts (REITs) have stepped in to help overcome that …

The Daily Hit is a recap of the top financial news stories for Monday, Sept. 9, 2024. On the Site Cannabis trade groups celebrate after Trump endorses marijuana rescheduling In a post on Truth Social, the former president also expressed support for Florida’s amendment 3 and the SAFE Banking Act. …

The Eastern Band of Cherokee Indians started selling recreational marijuana to all adults 21 and over on Saturday, marking a milestone for cannabis commerce in North Carolina, where the drug is still otherwise illegal. The Great Smoky Cannabis Company, located on the tribe’s 57,000-acre Qualla Boundary, opened its doors on …

California officials on Friday announced emergency regulations to tighten control over hemp-derived products, citing increasing health incidents and risks to youth. Gov. Gavin Newsom said the new rules will ban THC-containing hemp products and create stronger protections for children against unregulated THC. The news comes a month after lawmakers in …