American Cannabis News

American Cannabis Operators Index Drops 18% in September

The American Cannabis Operator Index extended its post-March weakness again in September, declining 17.9% to 50.59, similar to the two prior months: The index, which launched at the end of October...
- October 1st, 2019 at 8:58 am

U.S. House of Representatives Passes SAFE Banking Act

In a major political development representing the first time a body of Congress has approved pro-cannabis legislation, the House of Representatives passed the SAFE Banking Act (H.R. 1595), sponsored...
- September 25th, 2019 at 5:44 pm

PR0HBTD Parent Future State Brands Raises $25 Million

Cannabis holding company Future State Brands Launches with $25 million in funding Formerly PRØHBTD Global, Future State Brands will oversee and manage a growing portfolio of lifestyle and wellness...
- September 19th, 2019 at 3:44 pm

iAnthus to Buy Northern Nevada Cannabis Operator for $27.6 Million

iAnthus Expands Nevada Footprint with Agreement to Acquire Vertically Integrated Northern Nevada Operator Acquisition expands iAnthus’ presence across the state of Nevada, adding six total licenses (two retail, two cultivation,...
- September 19th, 2019 at 7:29 am