The Business of Cannabis

New York To Legalize Recreational Marijuana

State lawmakers finalized a deal on Thursday to legalize recreational marijuana in New York, paving the way for a potential $4.2 billion industry that could create tens of thousands of jobs and become one of the largest markets in the country. Following...

Cannabis Companies Have Made a Deal With the Devil

Cannabis companies in the United States have engaged in tricky sale/leaseback arrangements with the nation’s largest provider of capital to the industry. Many of those leaseback loans have 16-year ironclad contracts which started at an outrageous interest rate- a rate...