A group of California cannabis companies are forming the Financial Stability for Cannabis coalition (FSCC) to raise awareness about a growing debt crisis facing the industry.

Welcome to this year’s Bay Area Inno Awards, where we highlight the work of nine trailblazing startups from across the bay. This joint project between the San Francisco Business Times and Silicon Valley Business Journal seeks to shine a light on companies that are taking innovation to the next level and have the potential to actually change the world (not just throw around the cliche).

What happens when the fundraising frenzy ends? Amidst the never-ending tips for securing cash, a guide for navigating the post-round aftermath is missing.

New York's budding marijuana market seems to be facing lots of challenges, the main one being the small number of licensed cannabis shops versus the numerous illicit operators.

A legislative deadline at the start of June stalled dozens of cannabis bills until 2024, including a top priority for some of the state’s big players. Still, several potentially transformative bills advanced.

Nabis announced three new exclusive distribution partnerships with California-born brands: Papa’s Herb, Humboldt Farms and Friendly Farms.

The contentious bill, nicknamed “The Cannabis Credit Protection Act,” would require licensees to pay for goods sold no later than 15 days after the invoice is due. Supporters say it will help prevent a ballooning debt bubble in the industry and opponents say it is ripe for abuse.

This week, the Financial Stability for the California Cannabis (FSCC) coalition was formed amongst several assembly members and industry stakeholders across the state with a joint purpose: pass bill AB 776 and enable the cannabis industry to thrive.

A group of California distributors and brands representing more than half the state’s wholesale B2B cannabis market has hired a credit association to rate retailers in the hopes of reducing the hundreds of thousands of dollars in unpaid invoices – and reining in repeat offenders.

Smaller towns in the Valley region are harnessing innovative strategies to attract economic growth and development.

There’s no doubt the East Coast and Midwest have become the most attractive markets for new companies, investors, and MSOs looking to expand or scale up their operations.

The world’s largest cannabis distribution center hosted a grand opening in the Tulare County town of Woodlake on Wednesday.

An 87,000-square-foot cannabis distribution warehouse belonging to Nabis, California's #1 cannabis wholesale platform, is now open in Tulare County.

The marijuana distribution company Nabis, based in Oakland and Los Angeles has opened what they’re calling the world’s largest legal marijuana distribution center.

Along the West Coast, producers face what many call the failed economics of legal pot. There is vast supply, thanks to great growing conditions and a wealth of expertise, but any surplus remains trapped within each state’s borders due to the federal ban on marijuana.

On April 25th, Nabis' newest warehouse will finally open its doors to the city of Woodlake, welcoming yet another cannabis business into the city.

Jun S. Lee & Vince Ning, former engineers at Facebook and Microsoft, founded Nabis in 2018 and quickly established it as one of the leading cannabis wholesale platforms in California. Nabis supplies over 300 brands to hundreds of dispensaries across the state.

The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and tightening fundraising from alternative avenues.

Since 2005, YC has funded over 4,000 startups, including many that have become household names. Discover the top private, public, and exited companies that are part of the YC community here.

Are widespread layoffs an effective cost-cutting tool for the North American cannabis industry? Experts have argued that layoffs can be counterproductive and erode institutional knowledge within an organization.

Unlike traditional vertical integration, Petalfast focuses solely on front-of-house activities such as sales, customer service, brand management, and strategy. The company partners with third-party logistics providers like Nabis in California to handle the heavy lifting of warehousing and infrastructure, allowing Petalfast to focus on its core strengths.

Benzinga's Cannabis Insider show is back with another exciting episode, featuring an exclusive interview with Vince Ning, the Co-CEO of Nabis. During the interview, Ning shares his insights on the rapidly evolving cannabis industry and the challenges faced by cannabis distributors, including navigating the complex regulatory landscape.

California’s cannabis regulator is pushing for a legal green light to sell marijuana beyond its state borders. But opening up pot to interstate competition could lead to more woes for the struggling industry.

With the start of a new year, cannabis companies across the country are tweaking their business models to meet changing laws and regulations that could affect sales and how they run their operations.

Resonate Blends, Inc. announced that Koan Cordials will be the first brand featured in a new Nabis Marketplace Program initiative which aims to highlight the stories of boutique and equity-owned brand partners within their portfolio.

This collaboration marks a new era for Yummi Karma as a private entity. The brand is poised for continued growth as it joins Nabis's network of 200+ brands supplying top-tier products to nearly 100% of California's licensed dispensaries.

We asked insiders to share their industry predictions with us and here's what the leaders are saying.

As of Tuesday, the consensus among cannabis industry principals and their lobbyists is that the next-best opportunity for Congress to pass SAFE Banking is as part of the so-called “omnibus” spending bill that funds the government.

The cannabis industry failed to get the banking legislation it wanted yet again last week—but so-called SAFE Banking may not have been the panacea that many had hoped for.

Each year MG’s staff and a team of advisors pore over hundreds of company briefs, evaluating incentives, benefits, corporate culture, philanthropic initiatives, and reports from employees themselves. The results illustrate our industry is no slouch when it comes to ensuring workers are valued and protected.

New York’s retail cannabis market is eagerly awaiting to open over a year after the state passed the Marijuana Regulation and Taxation Act (MRTA)—this progressive legislation in conjunction with having the largest metropolitan area in the country has the potential to become a major hub for the United States cannabis industry.

Cannabis Now's 40 Under 40 special issue was released just in time for MJBizCon in Las Vegas. The issue includes two lists, 40 Under 40 and Legacy Hall of Fame—both were provided exclusively to CelebStoner.

Cannabis industry experts speak up on the issues impacting their business in this exclusive Cannabis Tech roundtable-style panel discussion.

On Tuesday, voters in Maryland and Missouri approved legalizing recreational use, bringing the number of states and U.S. territories that have done so to 24. Similar measures failed in Arkansas, North Dakota and South Dakota, according to Vox.

Founded by Vince C. Ning and Jun S. Lee, Nabis is a California wholesale cannabis delivery platform. Nabis has seen steady growth since it first hit the ground driving in 2018, with a model that has added helpful services such as ACH payment integration and a two-day delivery guarantee.

Until widespread reform occurs, capital raises remain highly competitive among cannabis companies.