Green Market Report: Marijuana Money Feb. 15
The state of Colorado reported that marijuana revenue came in at $266.5 million in 2018, Congress held a hearing on banking services for the cannabis industry, and more...in this week's Marijuana Money report.
What Will Congress Do With Cannabis Banking Following Initial Hearings?
To date, no bank that has dared work with marijuana, but that hasn’t given most of them the peace of mind to engage in this practice consistently like they do with other business sectors.
Could This Offshore Tax Haven Ease Cannabis Laws For American Companies?
Marijuana companies seeking offshore European tax havens to set up shop, look no further; the Isle of Man is about to loosen its cannabis laws.
Why Haven’t Canadian Pot Stocks Exploded As Expected?
Pot stocks have been relatively flimsy this week since a report from Statistics Canada showed that cannabis consumption hasn’t changed much since the legal pot market was rolled out.
Venture Capital Investment in Cannabis More Than Doubles in 2018
Pitchbook recently released its 2018 results for cannabis related investments, and the data is impressive: 139 deals scooped up a whopping $881 million.
New Alaskan Pilot Program Will Offer Banking Services To Weed Businesses
Credit Union 1’s pilot program in Alaska can make a positive difference, especially by lessening various risks caused by an all-cash cannabis industry.