Tag Archives: cannabis

Cannabis Goes Legit

Although you would have expected it to come from the tobacco industry, the Fortune 500 is now getting deep into marijuana. Constellation Brands, the purveyor of wines and Corona Beer, according to the Wall Street Journal, “will spend 5.08 billion … Continue reading

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Cannabis, Crypto and Crowdfunding

What could be bad? The leading marijuana magazine High Times has been on an acquisition spree, now being funded by its Securities and Exchange Commission registered Regulation A+ crowdfunded offering. According to Forbes, over 1,000 people have invested so far, … Continue reading

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Artist Crowdfunding Platform Suspending Adult Content

It’s well known that federally insured banks have been hands-off with respect to the legal cannabis trade. Now, apparently, payment processors are starting to deny service to content creators who crowdfund on the artist subscription web platform Patreon. A number … Continue reading

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Credit Union Gets A Semi-Waiver For Cannabis Related-Business

In a rare compromise agreement, the Federal Reserve Bank of Kansas City has given conditional approval for Fourth Corner Credit Union to offer services to businesses that serve the legal cannabis industry in Colorado, but not state-licensed dispensaries. These businesses … Continue reading

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Cannabis Crowdfunding

Remember those huge wildfires in Northern California last year? They burned through a number of state-legal (and illegal) cannabis farms. The farmers started a crowdfunding campaign on YouCaring that were promptly closed as the site decided that since cannabis is … Continue reading

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SEC OKs Reg. A+ Cannabis Offering

Although still technically illegal under Federal law, the U.S. Securities and Exchange Commission has apparently cleared an offering by a cannabis grower. True Leaf Medicine International Ltd.  (issued a press release that it has received a notice of qualification from … Continue reading

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Crowdfunding Site Shutters Cannabis Raise

The wildfires in Northern California are very bad, killing 41 people and causing more than $3 Billion in property damage. Among those affected are cannabis growers who estimate crop losses affecting about 300 farms. So, the CA (Cannabis) Growers Association … Continue reading

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