With six weeks left in 2024, Washington, D.C.-based cannabis lobbyists and federal marijuana reform advocates already have entered “wait until next year” mode. Despite friendly signals from President-elect Donald Trump and unfinished business from an exiting Democratic majority in the U.S. Senate, there is little hope for long-anticipated bills such as cannabis banking reform to […]
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Tiby Erdely (Courtesy photo) The marijuana capital markets have experienced a whirlwind over the past few years – and this year’s elections around the nation show little sign of affecting the capital markets no matter who comes out on […]
The U.S. cannabis industry is poised for massive expansion over the next decade, which will require big money – as $130.7 billion – to fund it, according to a new industry report. But absent federal banking legislation and greater institutional involvement, the odds a sustainable source of capital panning out are slim. The study, conducted […]
