No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck,...
Cannabis operator Curaleaf Holdings has announced it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator, in a cash and stock deal valued at around $875 million. The deal will make Curaleaf the world’s largest cannabis company by revenue, and the largest...
A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light has partnered with Quebec-based Hexo Corp. to create various non-alcoholic, cannabis-infused drinks that will hit the Canadian market on the first day they...
It really wasn’t supposed to be this way, not as cannabis steadily became legal across the United States. Read the old pro-legalization magazines, or revisit or recall all those legalization fantasy stories from members of the Baby Boomer and Generation X consumer segments, and you...
April 05, 2019
Blunt question for PYMNTS readers (pun intended): Have you been inside a pot shop lately? One of the legal operations that are springing up in the states that have approved the above-board sale of marijuana products? Or do your views of marijuana retail still center around high school bathrooms, back alleys or sketchy dudes at […]
December 20, 2017
Pot has a payments problem. Cannabis’ status as a schedule-one narcotic means the federally chartered banks, the card networks and the traditional payments ecosystem have made it clear that they’d...
May 29, 2017
Though cannabis and its consumption can be a contentious topic, particularly between the U.S. Congress and the sitting attorney general, it is not terribly controversial to note that marijuana and...
July 26, 2019
Cigarette company Imperial Brands has invested in Canadian cannabis company Auxly Cannabis Group to the tune of £75m ($93.2M USD), according to a report by the Financial Times. The deal, which was announced on Thursday (July 25), will let Imperial convert the investment into a 20 percent stake in Auxly over a period of three […]
July 21, 2019
No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card...
July 18, 2019
Cannabis operator Curaleaf Holdings has announced it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator, in a cash and stock deal valued at around $875 million....
June 18, 2019
A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light has partnered with Quebec-based Hexo Corp. to create...
