Day: June 9, 2023

Although federal regulations make providing banking services to the legal cannabis industry a regulatory burden, some banks have opted to offer financial products to regulated cannabis businesses. One such institution was Signature Bridge Bank, which was seized by federal regulators earlier this year after suffering a liquidity crunch tied inContinue Reading

Drug to treat Marijuana addiction finds success in clinical trial Image Cannabis News June 9, 2023 A drug aimed at treating marijuana addiction has shown early promise in clinical trials as cannabis use has skyrocketed in recent years. The addiction, otherwise known as cannabis use disorder, causes an inability toContinue Reading

Middletown leaders consider allowing Medical Marijuana businesses Image Cannabis News June 9, 2023 MIDDLETOWN – Six years after prohibiting the cultivation, processing and retail dispensary marijuana establishments within the municipal limits of the city, Middletown leaders are discussing possibly revoking that ordinance. City Manager Paul Lolli, during Tuesday night’s CityContinue Reading

Minnesota breweries see benefits from state’s Cannabis law Image Cannabis News June 9, 2023 The new Minnesota measure created a distinction between hemp and pot-derived beverages. A new cannabis law in Minnesota has the state’s craft brewers buzzing with excitement. Local news station KARE reports that industry leaders “actually soughtContinue Reading