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Novel Financing Platform Lendica Announces Suite Of Partnerships To Help Cannabis Businesses Scale

Novel Financing Platform Lendica Announces Suite Of Partnerships To Help Cannabis Businesses Scale Lendica partners with suite of industry leaders to help wide variety of small businesses instantly access the credit markets. News provided by Share this article Share this article BOSTON, April 1, 2021 /PRNewswire/  Lendica, the first automated financing platform serving the cannabis, hemp, CBD and other high growth industries, has announced a suite of partnerships to help these businesses instantly access capital. Dispensaries, brands, cultivators and beyond can seamlessly connect data from their business to Lendica s proprietary application center and receive an offer within minutes. The more data a business shares, the more capital they will typically qualify for and oftentimes at better rates.

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Petalfast Welcomes Cannabis-Infused Beverage Artet To Its Portfolio

Share this article IRVINE, Calif., Jan. 28, 2021 /PRNewswire/   Petalfast Inc. today announces the addition of Artet to its growing portfolio of cannabis clients. Artet is a Los Angeles-based, cannabis-infused beverage company bringing cannabis products to cocktail moments. Petalfast, a full-spectrum sales accelerator and marketing agency for the cannabis industry, blends decades of experience in adult beverage, consumer packaged goods and cannabis to deliver sales and marketing solutions to established and up-and-coming cannabis brands in California and beyond. Created by cousins Xander Shepherd, Zachary Spohler and Maxwell Spohler, Artet debuted in 2019 as the first luxury aperitif with THC to be introduced to market. The flagship 750mL aperitif is non-alcoholic, cannabis-infused and blended with eight complementary botanicals that allow you to find the perfect pour and strength for any occasion. Artet most recently launched two signature canned cocktails that use their flagsh

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House of Representatives passes measure to decriminalize marijuana at federal level

H.R. 3884, or the Marijuana Opportunity Reinvestment and Expungement (MORE) Act was passed with a vote of 228 to 164, with all but six yes votes coming from Democrats. 38 members of the House, including House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy, did not vote. “I am extremely proud that my legislation, the MORE Act, passed in the House of Representatives today with a historic, bipartisan vote,” said House Judiciary Chairman Jerry Nadler, who sponsored the act. “For far too long, we have treated marijuana as a criminal justice problem instead of as a matter of personal choice and public health,” he added. “Growing recognition in the states shows that the status quo on this issue is unacceptable. My legislation will reverse the failed policy of criminalizing marijuana on the federal level and will take long-overdue steps to address the heavy toll the War on Drugs has taken across the country, particularly on communities of color.”

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