Cannabis financial services firm Safe Harbor cuts $1.2M liability
Cannabis industry finance company SHF Holdings, doing business as Safe Harbor Financial, has eliminated $1.2 million of indemnity liability through a four-year extension and modification of its agreement with Partner Colorado Credit Union. The eradicated indemnity liability, which was on the company’s balance sheet as of Sept. 30, went into effect Jan. 1, 2025, according […]
Grand Openings: Wu-Tang Clan opens shop in New Jersey
From the arrival of a New Jersey shop co-owned by a member of the Wu-Tang Clan to a dispensary located just minutes from San Francisco International Airport, here are the notable new dispensaries that opened in the past month. Got a new shop? Put it on the map. Visit Leafly Success to advertise. California Embarc—San […]
The Daily Hit: November 27, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, November 27, 2024. On the Site Nebraska state judge tosses legal challenge to medical marijuana ballot measures While state officials are likely to appeal, the decision lets activists and supporters begin moving forward on the market. Read more here. Colorado attorney […]
Colorado cannabis companies have a new strategy to attract more hesitant customers: weaker weed – Cannabis Business Executive – Cannabis and Marijuana industry news
Colorado cannabis companies have a new strategy to attract more hesitant customers: weaker weed – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Source link
Find LivWell in Colorado
There are LivWell locations across The Centennial State with fire finds for you. Find the location nearest you to start saving. The post Find LivWell in Colorado appeared first on Leafly. Source link
Marijuana firms Eaze, Green Dragon to relaunch after $10M infusion
Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would […]
Cannabis MSO Slang to dump Colorado assets, enter bankruptcy
After failed efforts to find a deal to restructure its debts, cannabis multistate operator Slang Worldwide is entering receivership to dispose of its Colorado assets and filing for bankruptcy in Canada. Toronto-based Slang said in a news release it might also sell the assets of its Vermont subsidiaries. According to the release, Slang decided to […]
Marijuana operator Green Dragon to cease operations by year-end
Colorado-based marijuana operator Green Dragon is calling it quits. The company notified the Colorado Department of Labor and Employment last week that it plans to lay off all 59 employees at the 92,000-square-foot grow facility in Denver it’s shuttering by the end of the year. Green Dragon said it plans to close all 17 of […]
LED rebate funding shortage leaves cannabis lighting vendors on hook
A rebate program aimed at encouraging indoor farmers – those growing cannabis and other crops – to switch to LED lights proved so popular that Minneapolis-based utility company Xcel Energy ran out of money to pay for it. The funding shortfall has left cannabis ancillary companies such as Scynce LED on the hook for hundreds […]