News & Commentary

MARIJUANA BANKING AMENDMENT TABLED BY U.S. SENATORS

July 2, 2018

In a 21-10 vote, the U.S. Senate Appropriations Committee shot down an amendment that would have lent support to the cannabis industry’s need for banking resources. This latest move comes just a week after the committee approved protections for the medical marijuana industry that shielded businesses from U.S. Department of Justice prosecution.   This amendment, part…

INVESTING IN MARIJUANA BUSINESSES: ARE HEDGE FUNDS COMING TO THE CANNABIS INDUSTRY?

March 30, 2018

When this article was originally conceived, the title was very different: “Why Hedge Funds Aren’t Investing in the Cannabis Industry but Family Offices Might.” The case was strong, and arguments abounded. The main ones, though, were structured around the limited liquidity in the cannabis industry and the resulting inability to short equities — which is necessary…

My Florida Green Expands Florida Medical Marijuana Certification Platform

March 23, 2018

My Florida Green announced significant expansions across the state for its medical marijuana certification platform. Originally launched in November 2016 with the passing of Amendment 2, My Florida Green has engaged with more than 3,000 patients regarding its elite physician network and exclusive, patient-friendly, HIPAA-compliant certification platform. With robust technology and excellent physicians, My Florida…