Category archives: News

New to FinTech? Consider this. According to Investopedia: Financial technology (Fintech) is used to describe new tech that seeks to improve and automate the delivery and use of financial services. ​​​At its core, fintech is utilized to help companies, business owners and consumers better manage their financial operations, processes, and…

A new cannabis operation is finding its way to Southwest Michigan. According to Crain's Detroit Business: An indoor cannabis grow facility is being built on 40 acres in Southwest Michigan for nearly $110 million. 305 Farms LLC, financed by the Verleur Group in Florida — a private equity group co-founded…

Illinois set a record for recreational cannabis sales in December 2021, more than doubling the amount from December 2020. According to The Chicago Tribune: Chicago missed out on a traditional white Christmas, but robust weed sales made for a green holiday season across the state. Recreational cannabis sales hit a…

Now that the state of New Jersey is taking applications for cannabis growers, testing sites, lab operators, manufacturers and more, the New Jersey Cannabis Regulatory Commission has already seen a large influx of applications. According to APP: The floodgates are open! The New Jersey Cannabis Regulatory Commission on Wednesday began…

According to some state officials, Michigan saw another record-breaking month in December 2021. As reported by Marijuana Moment: Michigan closed out 2021 with another record-breaking month of adult-use marijuana sales in December, state officials say. The state saw more than $135 million in recreational cannabis purchases and about $33 million…

Growers in Oklahoma are looking to the future of the market. According to NBC News: Inside an old metal building off a quiet stretch of U.S. 77, Josh Blevins walked among rows of fragrant marijuana plants basking below carefully calibrated light. Blevins, a former construction engineer from Texas, bought this…