While the state has not yet disclosed how much of that went to education this year, changes to the law under the leadership of Gov. Steve Sisolak mandate that 100% of taxes go to education in future years.
For the next two years, the state is projecting more than $100 million per year in tax collections.
One of the biggest banks in Canada, Bank of Montreal (NYSE: BMO) has reportedly blocked the option of shorting cannabis stocks through its InvevstorLine brokerage to at least four retail investors. The investors were unable to examine another option to short those stocks with the Bank of Montreal.
Global cannabis products and accessories seller Greenlane Holdings Inc. (NASDAQ: GNLN) announced an exclusive distribution partnership with Omura, a technology and design