Fresno, California, creates social equity fund for marijuana entrepreneurs
The Fresno City Council voted to establish an equity fund that would help financially assist disadvantaged marijuana business owners, the latest city […]
Category: Recreational Marijuana News
Arizona’s new recreational cannabis firms see strong sales, possible supply issues on horizon
Vertically integrated cannabis companies in Arizona’s fledgling recreational market are reporting long customer lines and robust sales after a lightning-quick market launch […]
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 […]
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 […]
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 […]
With Democrats in charge, cannabis advocates upbeat about US reforms – but legalization uncertain
Now that President Joe Biden has been sworn in and Democrats have taken control of Congress, many cannabis industry executives might expect […]
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 […]
Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as […]
Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the state’s adult-use cannabis program with sales beginning less than […]