Senate Hearing on Cannabis Industry Banking – May 11, 2023

Oklahoma Cannabis Crackdown Continues With Dispensary Fines
by Green Market Report on September 29, 2023
In addition, regulators are seeking to revoke the permits of 39 dispensaries for violations.
West Cape May weed store opens its doors
by Press of Atlantic City on September 29, 2023
As New Jersey weed industry gains steam, Cape May County gets its first dispensary.
What happens when a Philly lawmaker who banned adult-use marijuana walks into a cannabis conference?
by Kristen Mosbrucker-Garza on September 29, 2023
Advocates say most people don’t realize what it’s like inside a dispensary, citing false narratives about “drug dens.”
'We Don't Plan On Stopping!' Teamsters' New Cannabis Contract In Illinois Raises Bar For Big Industry Players - Curaleaf Holdings (OTC:CURLF), Cresco Labs (OTC:CRLBF), Green Thumb Industries (OTC:GTBIF)
by Jelena Martinovic on September 29, 2023
Workers at five Sunnyside Dispensaries — a subsidiary of multi-state cannabis operator Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) — have reached tentative agreements for first union contracts with Teamsters Local 777.
Westbrook Zoning Extends Cannabis Application Moratorium
by zip06.com on September 29, 2023
WESTBROOK The Westbrook Zoning Commission voted on Sept. 25 to extend a moratorium on retail marijuana applications for another six months. The move will give the commission time to study the eff...
Fines sent to hundreds of marijuana dispensaries
by Hunter Elyse/ KFOR on September 29, 2023
Hundreds of medical marijuana dispensaries are getting fines in the mail for having a sale that went over the legal limit between January and May of this year. News 4 spoke with a few dispensary ow…
Police: Norwalk vape shop raided after complaints of illegal marijuana sales
by Jessica Bravo on September 28, 2023
Norwalk police say they raided Vapesmart on Liberty Square after receiving complaints of...
Sen. Krueger, cannabis groups trade barbs over N.Y.'s slow rollout
by Ryan Whalen on September 28, 2023
Applications for full cannabis licenses start next week.
Federal marijuana banking bill moving with early momentum
by The Missoulian on September 28, 2023
Some financial institutions in Montana have already treaded slowly into the enterprise of state-level cannabis.
Cannabis Application Moratorium Extended
by zip06.com on September 28, 2023
The Westbrook Zoning Commission voted on Sept. 25 to extend a moratorium on retail marijuana applications for another six months. The move will give the commission time to study the effects of a retai...
Former Chicago Bear Jim McMahon visits Orland Hills dispensary
by Alexandra Kukulka on September 28, 2023
Jim McMahon, who played for the 1985 Super Bowl champion Chicago Bears, was at Stash Dispensary in Orland Hills to launch Mac 9 by Revenant, a cannabis brand he co-founded.
Big Winners, Some Losers as Cannabis Stocks Get Banking Help
by Steve Anderson on September 28, 2023
There’s some good news for cannabis stocks today, though you likely couldn’t tell it from looking at a rundown of some of the bigger names in the industry today. So...
Utah medical marijuana dispensary workers unionize with UFCW
by Solomon Israel on September 28, 2023
Employees of Dragonfly Wellness, a medical marijuana dispensary in Salt Lake City, voted to join the United Food and Commercial Workers.
Cannabis is a top crop in Shasta County, with millions in sales
by Damon Arthur on September 28, 2023
Shasta County's cannabis production tops nearly every other agricultural crop in the county, even though it is only grown in Redding and Shasta Lake.
Seattle's Jones Soda Brings Cannabis Brand Mary Jones to Washington State
by PRNewswire on September 28, 2023
/PRNewswire/ -- Jones Soda Co. (CSE: JSDA, OTCQB: JSDA), the original craft soda known for its unconventional flavors and user-submitted photo labels, today...
Flemington marijuana dispensary may be delayed by court fight
by Mike Deak on September 28, 2023
Door-to-door weed delivery
by New Jersey 101.5 on September 28, 2023
Getting weed delivered to your NJ home could be as easy as ordering on an app. Eric Scott has details on this morning's First News
Perfect Union Weed Dispensary Eastside Sacramento Raises the Bar for the Cannabis Experience
by Perfect Union on September 28, 2023
Exemplifying premium cannabis products complemented by outstanding customer care and service excellence.
Delta county passes language for recreational marijuana on 2024 ballot
by Kyrsten McBrayer on September 28, 2023
Delta City Council approve language for 2024 Ballot considering Recreational Marijuana sales.
Cannabis operation backs out of plan to build new store in Sioux Falls
by John Gaskins on September 28, 2023
Genesis Farms LLC forfeits its Minnehaha County license, making license available now

Harvest of OH Files Explosive Response to Trulieve Lawsuit
on September 29, 2023 at 10:32 am
The response alleges predatory loans and fraudulent practices.
Ukrainian Immigrants Open Dispensary in West Virginia
by Benjamin M. Adams on September 29, 2023 at 10:00 am
Huntington Gardens is owned by Ukrainian immigrants and is one of the city’s first dispensaries. The post Ukrainian Immigrants Open Dispensary in West Virginia appeared first on High Times.
Two Amendments Relating to Cannabis, Psychedelic Research Added to Defense Bill
by Nicole Potter on September 29, 2023 at 10:00 am
One amendment would fund psychedelic clinical trials, and the other would provide treatment options for military veterans suffering from traumatic brain injury and PTSD. The post Two Amendments Relating to Cannabis, Psychedelic Research Added to Defense Bill appeared first on High Times.
Michigan’s Former Cannabis Board Chair Sentenced to 4.5 Years in Federal Prison for Bribery, ‘Commercial Sex’
on September 29, 2023 at 9:56 am
Rick Johnson, also Michigan’s ex-House speaker, accepted more than $110,000 in bribe payments, according to U.S. Attorney’s Office.
Green Market Report New York Awards: Best Brand PharmaCann
by Adam Jackson on September 29, 2023 at 4:32 am
At the helm of PharmaCann's digital frontier is Bryan Benavides, the director of digital marketing. The post Green Market Report New York Awards: Best Brand PharmaCann appeared first on Green Market Report.
Convenience Means More than Location for Cannabis Consumers
by Adam Jackson on September 29, 2023 at 4:26 am
Dispensaries must maintain a robust online presence. The post Convenience Means More than Location for Cannabis Consumers appeared first on Green Market Report.
The Daily Hit: September 28, 2023
by Staff on September 28, 2023 at 10:24 pm
The Daily Hit is a recap of the top financial news stories for Sept. 28, 2023. On the Site Hightimes Agrees to $558,000 Settlement With SEC Over Stock Promotion Scheme Hightimes Holding Corp. has settled allegations of an illegal stock promotion “scheme” with the U.S. Securities and Exchange Commission for a fine of $558,071, and The post The Daily Hit: September 28, 2023 appeared first on Green Market Report.
Suspended Marijuana Regulator in Massachusetts Sues State
by John Schroyer on September 28, 2023 at 8:48 pm
In the filing, O'Brien called the suspension illegal. The post Suspended Marijuana Regulator in Massachusetts Sues State appeared first on Green Market Report.
Unions Make Cannabis Industry Gains in Illinois, Utah
by John Schroyer on September 28, 2023 at 8:11 pm
The unions show no signs of slowing recruitment efforts in the cannabis industry. The post Unions Make Cannabis Industry Gains in Illinois, Utah appeared first on Green Market Report.
Hightimes Agrees to $558,000 Settlement With SEC Over Stock Promotion Scheme
by John Schroyer on September 28, 2023 at 7:13 pm
Hightimes Holding Corp. has 30 days to pay the fine. The post Hightimes Agrees to $558,000 Settlement With SEC Over Stock Promotion Scheme appeared first on Green Market Report.
2023 Notable Leaders in Cannabis: Luna Stower
by Staff on September 28, 2023 at 7:00 pm
Luna Stower Chief Impact Officer, Ispire Luna Stower was employee No. 1 at Ispire. Under her leadership, the company grew to an 85-person company and completed an IPO on the Nasdaq. With that move, she became the only female exec of a cannabis vape company on the American stock exchange. Luna is active in driving The post 2023 Notable Leaders in Cannabis: Luna Stower appeared first on Green Market Report.
Your Take: Medical Cannabis Remains Out of Reach for Many Communities
by Staff on September 28, 2023 at 6:01 pm
The data exemplifies the structural racism underlying medical cannabis access. The post Your Take: Medical Cannabis Remains Out of Reach for Many Communities appeared first on Green Market Report.
Democratic Task Force Endorses 44 Bills for Inclusion in 2023 Farm Bill
on September 28, 2023 at 3:44 pm
The New Democrat Coalition, a caucus of nearly 100 U.S. House members, put forward a list of bills it hopes to hitch to the must-pass agriculture legislation.
Teamsters Local 777 Secures Tentative Agreements at Five Cresco Dispensaries
on September 28, 2023 at 3:33 pm
Ratification votes will be completed for all five locations by the end of next week.
New Poll Reveals Nearly 60% of Ohio Voters Support Adult-Use Cannabis Legalization Measure
on September 28, 2023 at 2:59 pm
The campaign backing the ballot measure released new polling data showing that three in five Ohioans support Issue 2.
Senate Majority Leader Vows to Bring SAFER Banking Act to Floor—And Other Reactions to Bill’s Advancement
on September 28, 2023 at 1:14 pm
The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”
Aurora Cannabis Inks C$33.8M Stock Deal
by Adam Jackson on September 28, 2023 at 12:59 pm
Aurora will throw the proceeds toward debt and possible acquisitions. The post Aurora Cannabis Inks C$33.8M Stock Deal appeared first on Green Market Report.
Grown Rogue Sees 48% Q3 Revenue Boost; Net Income Dips
by Adam Jackson on September 28, 2023 at 12:59 pm
Oregon-based craft cannabis company Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) on Friday reported a 48% rise in revenue for its fiscal third quarter ending July 31, 2023. The company’s third quarter revenue reached $6.3 million, up from $4.3 million in the same quarter last year. That comes after a sequential increase of 5% The post Grown Rogue Sees 48% Q3 Revenue Boost; Net Income Dips appeared first on Green Market Report.
Curaleaf Moves Toward Potential TSX Uplisting
on September 28, 2023 at 12:40 pm
The multistate cannabis operator announced a CA$16 million underwritten offering of subordinate voting shares.
And Then There Were Seven (Losers)
by Aaron Krall on September 28, 2023 at 10:00 am
Seven Republican candidates gather to debate anything but their shared problem. The post And Then There Were Seven (Losers) appeared first on High Times.
SAFER Banking Act Passes Senate Committee, Moves to Floor Vote
by Patrick Maravelias on September 28, 2023 at 10:00 am
The SAFER Banking Act advanced past the Senate Banking Committee Wednesday clearing a big hurdle in the path to legal cannabis businesses potentially moving away from the dangerous cash-only system they currently operate on. The post SAFER Banking Act Passes Senate Committee, Moves to Floor Vote appeared first on High Times.
Massachusetts Cannabis Control Commission Audit Results Published
by Nicole Potter on September 28, 2023 at 10:00 am
The audit results reveal that $10 million in possibly unsafe cannabis products were sold in Massachusetts between January 2019-December 2020. The post Massachusetts Cannabis Control Commission Audit Results Published appeared first on High Times.
Herd of Sheep Devour Hundreds of Pounds of Pot in Greece
by Benjamin M. Adams on September 28, 2023 at 10:00 am
A herd of sheep ate hundreds of pounds of pot in a remote area in Greece. The post Herd of Sheep Devour Hundreds of Pounds of Pot in Greece appeared first on High Times.
‘Every Brand Is Up in Arms About This’: Industry Stakeholders Weigh in on California Bill Restricting Cannabis Advertising, Packaging
on September 28, 2023 at 8:00 am
Growers and brands fear that if signed into law, Assembly Bill 1207 will make it even more difficult for them to exist in an already tumultuous market.
Rounding Up Our Most-Read Articles
on September 28, 2023 at 6:00 am
Here are Cannabis Business Times' top 10 most-read articles for September 2023.

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ANA recognizes cannabis nursing as a specialty nursing practice
by Healthcare Finance News on September 29, 2023
The goal is to improve health outcomes by enabling pathways for cannabis education with a focus on compassion and social justice.
What happens when a Philly lawmaker who banned adult-use marijuana walks into a cannabis conference?
by Kristen Mosbrucker-Garza on September 29, 2023
Advocates say most people don’t realize what it’s like inside a dispensary, citing false narratives about “drug dens.”
Ohio Could Be Next State To Legalize Adult-Use Weed
by Iris Dorbian on September 29, 2023
According to multiple polls, most Ohioans are planning to vote for a November ballot initiative that will legalize and regulate recreational marijuana.
SAFER Banking Act Gains Momentum: Cannabis Industry Banking Reform
by azpmnews on September 29, 2023
The bill has gained support from Arizona Senator Kyrsten Sinema and Attorney General Kris Mayes.
Looking for a new buzz? Try this cannabis-infused coffee made in Massachusetts
by David Cifarelli | dcifarelli@masslive.com on September 29, 2023
This coffee has a "good buzz and a good jolt to it."
Video New study say heavy cannabis use could affect heart health
by ABC News on September 29, 2023
A new study is linking heavy marijuana use with a higher risk of developing cardiac issues.
American Nurses Association Officially Recognizes Cannabis As A Formal Specialty Practice Area
by Marijuana Moment on September 29, 2023
A professional organization representing more than 5 million nurses in the U.S. has announced its formal recognition of cannabis as a nursing specialty practice area. The American Nurses Association (ANA) said in a press release about the change on Wednesday that cannabis nurses play an important role in providing patients with education and guidance on
This is what cannabis does to your body minute by minute
by Catherine Shuttleworth on September 29, 2023
Debates around the legalisation of cannabis have existed for years, with cannabis currently considered a class B drug in the UK. This means you can be prosecuted with up to five years in prison or a fine of up to £2,500 if you're found in possession of it.Different factors can affect how cannabis wi...

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American Nurses Association Officially Recognizes Cannabis As A Formal Specialty Practice Area

American Nurses Association Officially Recognizes Cannabis As A Formal Specialty Practice Area

Westbrook Zoning Extends Cannabis Application Moratorium

Westbrook Zoning Extends Cannabis Application Moratorium

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