San Diego County starts work on marijuana social equity program
One of the few remaining major metro California markets that doesn’t have a marijuana social equity program began down that path when […]
Category: Cannabis Industry & Marijuana Business Briefs
Marijuana firm Valens files prospectus to issue up to CA$150M in securities
The Valens Co. filed a base shelf prospectus with securities regulators in Canada that would enable the cannabis derivative manufacturer to raise […]
Cannabis firm Weedmaps, California vape shop sued over fatal shooting
Online cannabis advertising platform Weedmaps and a Southern California vape shop have been targeted with a wrongful death lawsuit in civil court […]
Arizona medical cannabis firms qualify for second grow permit, regulators say
Arizona’s longstanding 130 medical cannabis businesses – which are vertically integrated, by law – may now each snag a second cultivation license […]
New marijuana REIT strikes deal to combine with Israel’s InterCure
Subversive Real Estate Acquisition REIT is combining with Israeli marijuana producer InterCure in a deal that values InterCure at $300 million and […]
Michigan testing labs sound warning about contaminated cannabis
A group of marijuana testing labs in Michigan is claiming a large amount of cannabis retail store shelves is rife with mold […]
Minnesota governor favors adult-use marijuana, but Senate is a hurdle
Minnesota Gov. Tim Walz is again trying to prod lawmakers to consider legalizing a recreational marijuana market, but the Republican-controlled state Senate […]
Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses. […]
Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees
A California judge again ordered marijuana multistate operator MedMen to pay the company’s former chief financial officer at least $500,000 to cover […]
Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s social equity-focused delivery licensing plan after a swift […]