Category Archives: Uncategorized

A Peek at German Marijuana Legalization

Some of the details of German marijuana legalization were given over to the German press last week. Yesterday though, the government’s plan for German marijuana legalization was approved by the Federal Cabinet. We’ve blogged about Germany’s steady progress to legalization a few times now (see here and here), and it appears that the Germans are […]

Only 4% of Cannabis Businesses in Washington State are Black-Owned

The most recent data available from the Washington State Liquor and Cannabis Board (LCB) shows that among all of the cannabis business owners in Seattle, Washington, only 4% are Black-owned. A new report from King5 News interviews minority business owners who lost their place in the industry when Washington State legalized adult-use cannabis, and how […]

Hemp product manufacturer Bloomios acquires gummy maker for $23.5 million

California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million. Infusionz is a wholly owned subsidiary of Florida-headquartered Upexi. ADVERTISEMENT The only financial details disclosed were that Upexi financed an undisclosed portion of the deal. The transaction includes Infusionz’s portfolio of CBD gummies, its product formulations, customers, equipment, sales team […]

Oregon Now Requires Cannabis Employers, Employees To Report Suspected Human Trafficking

Oregon cannabis operators and their employees are now required to report suspected instances of human trafficking to the state, or potentially face legal consequences.  Per the language of the order from the Oregon Liquor and Cannabis Commission, “Employees or workers at a marijuana licensed premises must report to a law enforcement agency or the OLCC […]

Conned correctional officer resigns after unwittingly bringing cannabis into prison with inmate’s birthday meal

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How the cannabis industry can start shrinking its carbon footprint

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Debt financing eclipses equity in US marijuana cultivation and retail fundings

Capital raises in the U.S. marijuana industry are down nearly 65% this year versus 2021, but lower stock prices and more creditworthy cannabis companies mean debt financing is now the preferred method to raise funds for the first time in years. Equity financing had dominated cannabis capital raises since at least 2018. ADVERTISEMENT But so […]

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