California cannabis brands, retailers and testing labs are scrambling to regain the confidence of consumers in the wake of a pesticide scandal that has poisoned good will in the state’s regulated industry.
Chris Casacchia
Chris Casacchia's Latest Posts
Receiver overseeing asset sale of cannabis brand High Times is terminated
The receiver appointed to handle the asset sale of cash-strapped cannabis brand and iconic publication High Times is no longer working with the business.
Organigram invests 14 million euros in German cannabis operator Sanity Group
Organigram Holdings is investing 14 million euros ($14.9 million) in Berlin-based cannabis operator Sanity Group as the Canadian producer seeks expansion in Germany.
Arkansas judge upholds state’s first medical cannabis license revocation
An Arkansas judge upheld the license revocation of a medical cannabis dispensary that allegedly sold expired products to patients.
Execs of marijuana MSO Good Day Farm raising $65 million in equity offering
Some executives and financial backers of marijuana multistate operator Good Day Farm are affiliated with an Arkansas company aiming to raise $65.6 million to invest in Louisiana’s medical cannabis market and other locations.
Cronos Group pumps $51M into joint venture to expand cannabis production
Canadian cannabis producer Cronos Group is funding its joint venture, Cronos Growing Co., with a $51 million secured credit line to expand operations.
Minnesota cannabis social equity verification opens June 24
Minnesota social equity applicants can start the verification process next week to secure the first adult-use marijuana business licenses.
Blüm nets $24.8M in sale of California cannabis store amid restructuring
California cannabis company Blüm Holdings has sold its controlling interest in an Orange County store for $24.8 million as part of its restructuring plan.
Ohio operators prep for launch of adult-use marijuana market
Ohio’s transition from a medical marijuana market to one that also offers adult-use sales will not follow the blueprint of other states.
Marijuana MSO The Cannabist Co. exiting Florida in corporate restructuring
The Cannabist Co. on Monday announced a restructuring plan expected to save the marijuana multistate operator $10 million in annual operational expenses.
Using customized AI, marijuana retailers can analyze sales data in minutes
In one increasingly important area, the marijuana industry is well ahead of other retail consumer segments: utilizing artificial intelligence to make business decisions.
Unlicensed marijuana stores file lawsuit against New York City
A group of unlicensed dispensary operators in New York filed a class action lawsuit against the city, claiming the ongoing closures of their businesses are unconstitutional.
