Financial Trends To Expect In The Cannabis Industry In 2020

After the passage of the 2018 Farm Bill, CBD has increased in popularity (and profitability), making 2019 another strong year for cannabis. Investors remain plentiful and optimistic about the industry, continuing to infuse a new sector with cash. Investment totals for 2019 hit 2018 levels by the third quarter, and as legalization swept across the […]

The Most Significant Moments In The Cannabis Industry In 2019

The cannabis industry in the U.S. made serious progress in 2019, which isn’t too shabby considering the feds still consider it illegal. Hemp and CBD regulation was a huge topic this year. Along with additional states legalizing medical and recreational cannabis and the SAFE Banking Act, the U.S. Department of Agriculture (USDA) released interim hemp […]

California Senate Approves Legislation To Allow State-Chartered Cannabis Banks

In an effort to overcome the banking hurdle faced by the legal cannabis industry, Senate Bill 51 passed legislation to allow state-chartered cannabis banking. The bill still requires the approval of the Assembly and California State Governor Gavin Newsom before it becomes law. Through the provisions of SB 51, private banks and credit unions would […]