SEC sues six in alleged $25M scam involving two cannabis enterprises
Federal securities regulators have accused six people of deceiving investors by promising astounding returns as part of an alleged $25 million scam […]
Category: California Medical Cannabis Business & Marijuana Legal News
Toronto cannabis firm RWB buys Platinum for $35M to enter California
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) announced it signed a binding letter of intent to purchase California-based Platinum […]
Investment firm sues for $11.7 million in connection to marijuana merger
A California investment firm claims it is owed $11.7 million in consulting fees for introducing the predecessor of Massachusetts marijuana multistate operator […]
California’s marijuana social equity program, rife with corruption, lives or dies at local level
California’s social equity programs for cannabis companies vary widely in effectiveness by municipality. California’s marijuana social equity program, rife with corruption, lives […]
California cannabis energy mandates add undue cost burden to growers
The California Energy Commission (CEC) is proposing new energy mandates that raise efficiency standards for indoor and greenhouse agriculture facilities by 75% […]
Divide opens over L.A. cannabis social equity licenses, management contracts
Months of anger over prized marijuana social equity licenses in Los Angeles boiled over recently, when the California Minority Alliance (CMA) accused […]
Proposed LED mandate could cost California’s indoor marijuana growers millions
Many California marijuana growers are up in arms over a recent proposal before the state Public Utilities Commission that would require all […]
2% of Long Beach, CA, marijuana social equity applicants operating
Just one out of 50 business applicants who qualified for Long Beach’s marijuana social equity program has actually entered the California city’s […]
Week in Review: Israel’s impressive cannabis import totals, sizzling marijuana sales, social equity guidelines & more
The world’s largest importer of cannabis flower is … Israel surpassed Germany in 2020 as the top global importer of cannabis flower. […]
California REIT, Curaleaf strike $5.5M cannabis deal on New Jersey property
Innovative Industrial Properties, a San Diego-based, marijuana-centric real estate investment trust (REIT), has solidified yet another sale-leaseback deal, this time partnering on […]