Cookies cuts ties with its lone San Francisco marijuana store
The Cookies marijuana brand terminated the licensing agreement it had with Berner’s on Haight, an adult-use store in San Francisco.
The Cookies marijuana brand terminated the licensing agreement it had with Berner’s on Haight, an adult-use store in San Francisco.
San Francisco authorities placed a moratorium on accepting new applications for cannabis retail business licenses after a unanimous vote by the city’s Board of Supervisors.
San Francisco authorities approved a second one-year suspension of the city’s marijuana business tax, a decision intended to help licensed cannabis businesses become more competitive with illegal dealers.
Multistate marijuana company MedMen Enterprises has closed a non-brokered private placement worth $10 million that will be used “to drive” new store openings in Boston and San Francisco.
San Francisco is the birthplace of the modern medical marijuana industry. But the city’s cannabis industry has been fairly stagnant the past two decades, with regulators approving only a few dozen storefront dispensaries to sell MMJ.
Oakland, California-based Harborside said it acquired a majority stake in FGW Haight, a company that in June was awarded a conditional-use permit for a retail marijuana shop in San Francisco.
The United Food and Commercial Workers Union scored another victory in the legal marijuana market when workers at a San Francisco retail store voted in favor of a UFCW-negotiated contract.
Canadian marijuana firm TerrAscend announced it will acquire California-based The Apothecarium in a deal worth more than $118 million (157 million Canadian dollars).