Safe Harbor CEO aims to pivot from cannabis lending to fintech

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March 18, 2025

CEO Terry Mendez is planning to diversify Safe Harbor Financial’s core business and improve its standing as a publicly traded company. CEO Terry Mendez is planning to diversify Safe Harbor Financial’s core business and improve its standing as a publicly traded company. Read More

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Legendary N.J. pizza family’s shop to be replaced by weed dispensary
by Christopher Burch | NJ Advance Media for NJ.com on March 14, 2025
The pizzeria's building was seized by the state for failing to comply with New Jersey tax laws
Shuttered Cincinnati restaurant to become cannabis dispensary
by Christian LeDuc, Cincinnati Business Courier on March 14, 2025
The dispensary will offer medical and recreational marijuana starting this spring.
Offset Accused of Punching Weed Dispensary Security Guard in Dispute Over ID
by TMZ Staff on March 14, 2025
Therapy Cannabis to open first Cincinnati location in former restaurant space
by Christian LeDuc on March 14, 2025
A marijuana dispensary is moving into a former Cincinnati restaurant space in a booming neighborhood.
Woodbridge Officials are 'High’ on New Marijuana Shop & Avenel's New Look
by TAPinto on March 12, 2025
WOODBRIDGE, NJ — A new marijuana dispensary has opened on Route 1 South in Avenel, and municipal officials are pleased with this latest redevelopment along the Route 1 corridor.The new Mad Hatter...
Delayed Delaware retail marijuana sales are frustrating license holders, advocates
by Sarah Mueller on March 12, 2025
Delaware legalized adult-use of cannabis in 2023. Sales were expected to start this spring, but delays in fingerprint checks are worrying advocates.
Cannabis, psychedelic mushroom kiosk at Brookfield Square draws attention
by Bret Lemoine on March 11, 2025
A cannabis and psychedelic mushroom kiosk is drawing attention and push back at Brookfield Square Mall.
Controversial marijuana potency bill dies in committee
by Colorado Public Radio on March 11, 2025
The cannabis regulation proposal was met with immediate push back. On Tuesday, its sponsor pulled the bill.
Ohio House version of recreational marijuana bill would keep many of Issue 2's provision, with some tweaks
by Megan Henry (Ohio Capital Journal) on March 8, 2025
Ohio House rolls out its own cannabis bill, with fewer changes than Senate version
by Sarah Donaldson on March 7, 2025
An Ohio House GOP lawmaker has introduced changes to cannabis law, just a week after the Senate along party lines sent over an overhaul of the state’s adult-use program.
Ohio House Republicans introduce their own proposal to rewrite state's recreational marijuana law
by Megan Henry on March 6, 2025
A week after Ohio Senate Republicans passed a bill that would overhaul the state’s marijuana law, Ohio House Republicans introduced their own proposal. Their version would keep home grow and tax levels the same, but reduce THC levels and redirect most of the tax revenue.
House Republicans introduce their own plan for recreational marijuana in Ohio
by Anna Staver, cleveland.com on March 6, 2025
The plan introduced Thursday in the Ohio House sticks closer to what voters passed in November 2023.
Ohio House GOP proposes marijuana legislation that's less restrictive than Senate's version
by Morgan Trau on March 6, 2025
The Ohio House has introduced a rival bill to the Senate's restrictive marijuana reform. This one is more mild. It keeps the amount of plants you are allowed to grow, but limits THC content.
Newest local marijuana dispensary hopes strategic location helps expand market beyond Ohio
by James Pilcher, WKRC on March 6, 2025
The number of cannabis dispensaries in Southwest Ohio has reached nearly two dozen, with the latest addition being Nectar in Harrison. The stor
Miami's First Medical Cannabis Dispensary Opens Within City Limits | Newsradio WFLA Orlando
by @wflaorlando on March 6, 2025
The opening comes almost a decade after medical marijuana was legalized in Florida.
New group calls for testing medical cannabis in Maine
by Susan Cover on March 5, 2025
The Alliance for Responsible Cannabis in Maine includes health professionals, child health advocates and state lawmakers who want medical cannabis to be tested.
Senate Republicans move to restrict sales of Delta-8, CBD products
by Anna Staver, cleveland.com on March 4, 2025
The sale of many full spectrum CBD and intoxicating hemp products could be restricted to marijuana dispensaries if a Senate Republican bill becomes law.
Former Steeler's cannabis dispensary on McKnight Rd. gets OK
by audacy on March 4, 2025
A new medical marijuana dispensary will be coming to McKnight Road, but only after a challenge over regulations. Ross Township Commissioners voted unanimously to approve the facility on Monday night.
Here’s how the Trump tariffs will impact weed prices
by Rachelle Gordon on March 4, 2025
The Trump tariffs take effect today, and will likely impact prices on everything from automobiles to electronics and yes, weed.
Northland's First Recreational Cannabis Dispensary Now Open In Northern Minnesota
by Nick Cooper on March 4, 2025
The business is the first of its kind in the region.

New York vape company The Blinc Group files for bankruptcy
by Debra Borchardt on March 18, 2025 at 5:58 pm
Blinc published a long list of creditors including many cannabis industry insiders. The post New York vape company The Blinc Group files for bankruptcy appeared first on Green Market Report.
Cannabis Rescheduling Participant Boots Perkins Coie as Counsel for DEA Hearing Process
on March 18, 2025 at 5:36 pm
John J. Mulrooney, the DEA’s chief administrative law judge, granted Perkins Coie’s motion to withdraw as counsel for Hemp for Victory.
Cannabis industry’s final stretch of top-line growth: The shift to EBITDA focus
by Green Life Business on March 18, 2025 at 4:30 pm
This shift marks a maturation phase for the industry. The post Cannabis industry’s final stretch of top-line growth: The shift to EBITDA focus appeared first on Green Market Report.
New Mexico moves forward with psilocybin law
by Debra Borchardt on March 18, 2025 at 3:42 pm
The program is expected to be implemented by the end of 2027. The post New Mexico moves forward with psilocybin law appeared first on Green Market Report.
North Carolina Representative Files Cannabis Legalization Bill for Adults 21+
on March 18, 2025 at 3:23 pm
House Rep. Jordan Lopez introduced the Marijuana Legalization and Reinvestment Act to regulate and tax licensed dispensary sales.
Marijuana backers criticize Ohio bills attempting to change state law
by Debra Borchardt on March 18, 2025 at 1:39 pm
Marijuana advocates called bills to change Ohio’s cannabis laws “a slap in the face” to voters. The post Marijuana backers criticize Ohio bills attempting to change state law appeared first on Green Market Report.
SNDL tops revenue expectations as cannabis segments outperform
by Adam Jackson on March 18, 2025 at 1:35 pm
The Canadian cannabis and liquor retailer saw operational lifts while working through investment portfolio adjustments. The post SNDL tops revenue expectations as cannabis segments outperform appeared first on Green Market Report.
Trulieve Opening Medical Cannabis Dispensary in North Miami Beach
on March 18, 2025 at 12:32 pm
The new store is the company’s 163rd cannabis retail facility in Florida.
SNDL Reports Q4 and Full Year 2024 Financial and Operational Results
on March 18, 2025 at 12:21 pm
The company reported record full-year net revenue, gross profit and gross margin, as well as positive cash flow and free cash flow.
DeFloria Achieves Ground-Breaking Milestone in Botanical Drug Development
on March 18, 2025 at 11:20 am
In ‘huge first,’ systemically absorbed oral cannabinoid AJA001 from Charlotte’s Web genetics receives FDA clearance for Phase 2 clinical trials.
Dividends shine as cannabis company valuations tumble
by Debra Borchardt on March 18, 2025 at 4:17 am
Despite the headwinds facing the cannabis industry, some companies have managed to hold steady with dividends. The post Dividends shine as cannabis company valuations tumble appeared first on Green Market Report.
High Tide beats sales estimates, but records loss as its continues its rapid expansion
by Adam Jackson on March 17, 2025 at 9:24 pm
The Canadian cannabis retailer has been focused on aggressive expansion while attracting investment from SNDL just days before earnings. The post High Tide beats sales estimates, but records loss as its continues its rapid expansion appeared first on Green Market Report.
Springbig buys VICE CRM, names new CEO
by Debra Borchardt on March 17, 2025 at 9:03 pm
Springbig has experienced declining revenue as the cannabis industry faces continued pressure. The post Springbig buys VICE CRM, names new CEO appeared first on Green Market Report.
Maryland’s CULTA CEO Allison Seigel steps down
by Debra Borchardt on March 17, 2025 at 8:43 pm
CULTA has faced a years long legal battle between the company's founders. The post Maryland’s CULTA CEO Allison Seigel steps down appeared first on Green Market Report.
Innovative Industrial Properties says PharmaCann defaults on lease payments again
by Adam Jackson on March 17, 2025 at 6:30 pm
The struggling cannabis operator missed March payments for nine properties totaling $2.7 million. The post Innovative Industrial Properties says PharmaCann defaults on lease payments again appeared first on Green Market Report.
Wana Brands Brings Hemp-Derived THC Edibles to Texas
on March 17, 2025 at 3:29 pm
The edibles provider launched its delta-9 THC gummies as the state’s lieutenant governor is pushing legislation to ban intoxicating hemp products.
Balancing Root Zone pH in Cannabis Cultivation
on March 17, 2025 at 10:30 am
Understanding how water quality, substrates and fertilizers impact substrate pH is crucial to crop health.
California Department of Cannabis Control Announces Regulatory Reforms
on March 14, 2025 at 12:00 pm
The department’s cannabis cultivation regulatory package is designed to streamline administration and strengthen consumer protection.
Green Thumb Opens 6th Ohio RISE Dispensary in Whitehall
on March 14, 2025 at 11:50 am
The cannabis company’s new retail facility in the Columbus area will donate its opening profits to Homes for Families.
World Leaders Vote to Ban HHC, List as Schedule II Drug
on March 14, 2025 at 7:53 am
The UN Commission on Narcotic Drugs approved a recommendation to include the cannabinoid in the 1971 Convention on Psychotropic Substances.
Wana Brands Brings THC-Infused Sparkling Hemp Beverages to Total Wine & More Stores Nationwide
on March 13, 2025 at 1:51 pm
The strategic partnership increases consumer availability for premium cannabis beverages.
Ascend Wellness Reports $562 Million in 2024 Revenue
on March 13, 2025 at 1:03 pm
The cannabis company also reported its second full year of positive cash from operations and positive free cash flow.
The Cannabist Co. Reports $459 Million in 2024 Revenue
on March 13, 2025 at 12:24 pm
The cannabis company continues to complete divestitures, reduce operating and overhead costs, and refine its inventory assortment.
Idaho Lawmakers Introduce Cannabis Legalization Bill Days After Passing Resolution to Block Voters’ Powers
on March 13, 2025 at 8:01 am
The bipartisan legislation to legalize medical cannabis aims to set up a system of importation that collides with federal law.
New Mexico Bill to Provide Health Insurance for Medical Cannabis Advances
on March 12, 2025 at 5:21 pm
The legislation could further the argument that cannabis has currently accepted medical use despite federal prohibition in the U.S.

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Tougher cannabis enforcement is just a signature away
by Hamilton Kahn on March 19, 2025
Bill would empower new cannabis control officers to investigate and charge violators.
Santa Maria man arrested for illegal interstate cannabis sale business
by Santa Maria Times Staff Report on March 19, 2025
A Santa Maria man has been arrested by the Santa Barbara County Cannabis Compliance Team on suspicion of illegally selling and shipping marijuana to states where cannabis sales are prohibited.
NYS Office of Cannabis Management launches $5M grant for dispensary owners
by Chelsea Swift on March 19, 2025
Cannabis industry still hoping key legislation gets to Gov. Lujan Grisham's desk
by Cormac Dodd cdodd@sfnewmexican.com on March 19, 2025
Members of New Mexico's state-regulated cannabis industry are offering mixed feelings about a suite of marijuana bills, some of which have gained traction and could make it to the governor
Cannabis intoxication alters metabolism, but frequent users show fewer effects
by Eric W. Dolan on March 19, 2025
Scientists have identified metabolic changes in the blood linked to cannabis intoxication, revealing key differences between occasional and chronic users.
Supply shortage, unfair competition concerns ahead of MN's cannabis rollout
by Corin Hoggard on March 18, 2025
Cannabis is coming to Minnesota in a much bigger way, but the industry is still changing before it even begins.
'Look at the labels:' Advice on cannabis consumption during National Poison Prevention Week
by RochesterFirst on March 18, 2025
This week is National Poison Prevention Week. New York State leaders are sounding the alarm on safe storage and responsible use of marijuana to help prevent accidental ingestion, especially among children and pets.
‘Look at the labels’: Advice on cannabis consumption during National Poison Prevention Week
by Natalie Kucko on March 18, 2025
ROCHESTER, N.Y. (WROC) – This week is National Poison Prevention Week. New York State leaders are sounding the alarm on safe storage and responsible use of marijuana to help prevent accidenta…

Safe Harbor CEO aims to pivot from cannabis lending to fintech

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