Cannabis News

Where do banks stand as attention on cannabis banking grows?

Published

3 months ago

September 16, 2025

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It has been more than two decades since Cannabis began to go to legalization, starting with a few states for medical uses. And yet the bank industry has largely passed those related to small and medium-sized businesses (SMB connected to channels connected to channels and channels.

Financial institutions are limited to the extant link and federal legality. Many fis, considering the extensive base of the customer, are surprised to know whether the use of health and adult use is grown in brand market. Others, a financial institution, should examine whether it must be this determination, as a mediator, but they may be at higher risk, however.

More banks and more credit associations can be a fresh look at cannabis, the gap Neobanks, Fortech challenges or the gap to be met by private financing alternatives. We talked about thought managers, in the early days, during the market, the projections of the growth of the Canavies market, the federal regulations on the federal state of the state votes and the federal stagnation.

Delene Gilbert, Vice President of the Cannabis Bank for Prism Bank Based on Oklahoma Based Prism Bank, has already seen this niche SMB sector from top to bottom. Gilbert said that the business associated with cannabis (CRBS) wants to “relate to the banks that understand its specific challenges” informed, protects and capacity to process capital needs.

Cannabis News

By concentrating our portfolio, we create room for innovation and growth

Published

16 hours ago

December 8, 2025

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Viscon transfers the range fork product portfolio to Flier

Viscon Plant Technology will transfer its spacer fork product portfolio (including spacer forks and fixed forks) to Flier Systems effective January 1, 2026.

“The furrows are a proven solution for spacing within the sector. By transferring this portfolio to Flier Systems, the technology will remain available to both existing and new customers, with continued quality and support. Flier Systems will take over development, sales and technical service, while Viscon Plant Technology focuses on its core activities,” the team says.

“The transfer of the fields is a deliberate strategic step to strengthen our focus on automation solutions for plant growers and young breeders. In addition to concentrating our portfolio on technologies such as tissue culture automation, phenotypic sorting and somatic embryogenesis automation, we create room for further innovation and growth. We are pleased to have found a reliable and dedicated partner in Flier Systems,” said Nigela, who will continue the same product portfolio. Viscon Plant Technology.

“Acquiring spacer forks fits perfectly into our strategy to automate the entire production process for professional plant growers. Having just introduced the upgraded SPH transplanter/sorter, we have already taken an important step in the automation of potted plants. Acquiring spacer forks is a logical addition as it allows us to offer a complete and integrated package. Viscon,” said Ad Kranendonk, Flier Systems.

Cannabis News

Michigan Judge Allows Marijuana Tax Increase To Take Effect Despite Industry Lawsuit

Published

16 hours ago

December 8, 2025

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Cannabis industry groups argued that the tax violates the state Constitution by amending a voter-approved legalization law without following due process.

By: Ben Solis, Michigan Advance

A group of cannabis industry advocates failed to convince a Michigan Court of Claims judge that it would suffer irreparable harm. A new 24 percent wholesale tax on marijuana went into effect To fund future road repairs in the state.

In an opinion issued Monday, Court of Claims Judge Sima Patel said Holistic Research Group Inc./Michigan Cannabis Industry v. That the Michigan Department of Finance was denying plaintiffs’ request for a preliminary injunction.

The joint lawsuits said the new tax was approved in October as part of a comprehensive budget deal for 2025-26. Raising new revenue for road repair and reconstruction Until 2030, because it was against the Constitution violated the title-object clause of the state Constitution.

Patel said Monday, after hearing oral arguments on the case in November, that the industry’s advocates had failed to argue that there was a genuine constitutional issue, nor had the group briefly shown that the Michigan Marijuana Regulation and Taxation Act, which legalized the use and sale of cannabis in Michigan, was the only legal mechanism for taxing the flower.

“(The road funding act) is consistent (with the marijuana tax law). Plaintiffs say the phrase ‘all other taxes’ … refers only to generally applicable taxes, like the 6 percent sales tax imposed on all retail sales,” he wrote. “If that were true, however, the initiative could have simply said that. Instead, the initiative clearly stated that the 10 percent retail excise tax was in addition to ‘all other taxes.’

Patel also pointed out that the Legislature did not directly change any of the existing taxes in the regulatory act, nor replace them with the new tax in the road funding legislation; rather, the Legislature established a new separate tax, which is allowed under the governing law.

“The two statutes can be read together,” Patel wrote.

So the claim about the mechanism by which a new tax could be imposed was dismissed, Patel wrote.

Patel, however, allowed the case to go forward to determine whether the tax interferes with the intent of the voter-initiated law that allowed the consumption, regulation and sale of marijuana. Patel said there remained a genuine issue in the matter, which required further consideration by the court.

“The court must consider the intentions of the (tax act) drafters and the effect of the new wholesale excise tax on the (tax law’s) objectives,” Patel wrote. “The court will not be able to resolve these questions of fact at the summary disposition stage. Discovery will be necessary to develop the evidence necessary to support the parties’ positions.”

This story was first published by the Michigan Advance.

Photo elements courtesy of the user rawpixel and Philip Steffan.

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Cannabis News

HoneyGrove Dispensary selivers affordable small-batch flower to patients amid push for MMJ reform

Published

2 days ago

December 7, 2025

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HoneyGrove Dispensary has partnered with Ewing-based medical cannabis company Noble Valley Harvest Company to offer small-batch flowers at reduced prices to medical marijuana patients.

Half ounces are available for $75 and full ounces are available for $125, with no sales tax applied to cardholder purchases. HoneyGrove waives sales tax on adult-use transactions for patients with a valid medical card to support patient access.

Within NJ’s three-ounce monthly purchase limit, cardholders can get $100 off multiple ounce purchases.

The initiative addresses ongoing concerns about affordability in New Jersey’s medical marijuana program, which has drawn criticism for high costs and limited supply. By offering premium, small-batch products at prices associated with lower-quality options, HoneyGrove and Noble Valley aim to improve immediate patient access while advocating for broader program reforms.

“HoneyGrove and HoneyStash are committed to patient care by partnering with local growers,” said Dave Valese, CEO of HoneyProjects, the management company for both dispensaries. “This partnership with Noble Valley ensures that medical patients receive high-quality flower at affordable prices, supporting our broader efforts to improve New Jersey’s medical cannabis program.”

“Noble Valley Harvest is producing small-batch cannabis for the New Jersey market,” said Dr. Lisa Grega, founder of Noble Valley Harvest Company. “We’re excited to give medical patients first access to help boost a market that’s shrinking in size and selection.”

For more information:
Honey Projects
honey-projects.com