New Mexico marijuana store accused of illegal sales, extraction
New Mexico regulators filed an injunction to pause operations at an Albuquerque marijuana store after the retailer allegedly violated the state’s adult-use laws.
Financier Pelorus Capital Group prices cannabis real estate securitization
California-based commercial real estate lender Pelorus Capital Group priced a securitization for cannabis-related real estate assets, calling it a first for the industry.
California cannabis delivery service Eaze accused of fraud in lawsuit
The former owners of Green Dragon, a cannabis company operating in Colorado and Florida, allege in a lawsuit that California-based Eaze defrauded investors, is “close to insolvency” and is operating unlawfully.
CFOs depart Trulieve, Weedmaps at tough time for cannabis
The departures of chief financial officers at Trulieve Cannabis Corp. and Weedmaps’ parent company come at a challenging time for the marijuana industry, which is dealing with high interest rates, low share prices and the slow pace of federal reform in the United States.
Marijuana manufacturer uses homegrown inputs to create one-of-a-kind edibles
Turkish delight, the sweet, chewy, powdered confection, has captured Nathan Cozzolino’s imagination since the owner-operator of Rose Los Angeles and maker of marijuana edibles brand Rose Delights, was young.
Opinion: An alternative to bankruptcy for distressed cannabis businesses
U.S. bankruptcy courts will not provide protection to businesses that work with marijuana. Receivership is often employed as a bankruptcy alternative.
Severe weather disrupts US cannabis operations from coast to coast
Cannabis companies from Northern California to South Florida will continue confronting operational challenges this week, as severe weather taxes power grids while parts of the Northeast struggle to recover from historic flooding.
