Chris Furnari is an award-winning business writer covering complex and highly-regulated industries. He joined THCnet as editor-in-chief in October 2019. Prior to covering the cannabis sector, he spent nearly a decade as the driving force behind Brewbound, a leading online beer business trade publication.
Furnari also writes about the alcohol business for Forbes. He is frequently tapped to provide commentary on the beer and cannabis industries, and his analysis of industry trends has been referenced by The New York Times, CNBC, USA Today, The Boston Globe, and Cincinnati Public Radio, among others.
Furnari is a proud graduate of Santa Clara University, where he was a two-sport Division I athlete and served as the sports editor of the university's official weekly newspaper.
American financial institutions could be waiting for the U.S. Senate to pass its version of the Secure and Fair Enforcement (SAFE) Banking Act of 2019 before offering services to more cannabis businesses, recent federal data indicates.
The global cannabis market is poised to be worth $41 billion by 2024, BDS Analytics shared during the 2019 Cannabis World Congress & Business Exposition in Boston. However, Brightfield Group has a slightly more modest outlook. The Chicago-based firm estimates that U.S. cannabis sales will reach $23 billion 2023.
Hundreds of New England-based cannabis industry professionals turned out for the 3rd annual Cannabis World Congress & Business Exposition (CWCB Expo), held last week at the Hynes Convention Center in Boston. In addition to connecting with suppliers and CBD brands, attendees heard from a number of industry stakeholders across several seminar sessions.
Two-thirds of Americans still support federal legalization of cannabis according to a new Gallup survey released on Wednesday. The analytics and polling firm shared the results of its annual crime survey, which was conducted in early October and found that 66% of U.S. adults were in favor of legalizing cannabis.
A blockbuster merger between two leading multi-state cannabis companies has been called off nearly one year after it was first announced. California-based MedMen Enterprises, which is licensed to operate 70 retail stores and currently has a presence in nine states, announced the termination of its combination with Chicago’s PharmaCann LLC on Tuesday.
Sproutly Canada is gearing up for the planned release of its cannabis-infused beverages, the company shared Tuesday. In a press release, Sproutly – which earlier this year formed a joint venture with Canada’s oldest and largest independent beermaker, Moosehead – said its “Infuzz20” process will give drinkers a 90-minute buzz in less than five minutes.
Popular payments firm Square, Inc. has opened up its platform to U.S. companies making CBD products, the San Francisco-based company announced Thursday. The launch builds on a beta test of the service that was offered to select companies in May.
In a historic display of bipartisanship, Democrats and Republicans in the U.S. House of Representatives came together on Wednesday to pass the Secure and Fair Enforcement (SAFE) Banking Act of 2019 by a vote of 321-103.