Cannabis Business

The New York Office of Cannabis Management (OCM) has launched the Cannabis Banking Directory, a new initiative aimed at connecting state-licensed cannabis businesses with banks and credit unions willing to serve the industry. The program, developed by OCM’s Social and Economic Equity (SEE) Team, seeks to reduce financial barriers and create greater stability for cannabis

Toronto, Ontario, will halt its efforts to shut down illegal cannabis dispensaries in the city, citing budgetary concerns and the safety risks posed to municipal enforcement officers. Carleton Grant, Toronto’s executive director of municipal licensing and standards, explained during a council budget committee meeting that law enforcement agencies, not the city, should be responsible for

The Missouri Department of Health and Senior Services’ Division of Cannabis Enforcement has proposed new regulations for the state’s cannabis microbusiness sector aimed at addressing concerns of predatory middleman practices. Under the proposed rules, the designated contact for all cannabis microbusiness licenses would be required to be an owner or partial owner of the company,