California-based multistate operator MedMen claimed victory on Tuesday in a high-profile marijuana industry trial that pitted the MSO against its former chief financial officer, who sued the company in state court claiming he’d been forced to resign because of a toxic work environment.
Oregon state police last week confiscated roughly 500,000 pounds of unlicensed cannabis with an estimated value of $500 million that had been stored in five separate warehouses.
Michael Serruya has been appointed interim CEO and board chair of MedMen Enterprises, the California-based cannabis multistate operator announced Monday.
An updated version of the New York Metropolitan Transit Authority’s advertising policies now includes a ban on marijuana product ads on subways and buses.
Mississippi state lawmakers say a special session of the Legislature to legalize medical marijuana this year is increasingly unlikely, given that the regular legislative session convenes in January.
The Washington DC City Council is set to lay the groundwork Friday for a long-delayed recreational marijuana industry, now that Congress appears ready to step out of the district’s way and permit a $200 million market.
A lawsuit filed against the state of Arizona by a cohort of social equity advocates alleges that regulators haven’t done enough to ensure that 26 cannabis business permits will wind up with entrepreneurs who were actually harmed by the war on drugs and that the licenses might instead become controlled by marijuana multistate operators.
For the second time since California launched its legal cannabis market in 2018, regulators are going to raise marijuana taxes statewide.
Quickly growing Colorado retail chain Schwazze said it has acquired two more cannabis shops in its home state, bringing the company’s store count to 22.
Toronto-based marijuana manufacturer Slang Worldwide said Tuesday it has taken a $17.3 million loan and accepted resignations from its CEO and five board members.
Los Angeles’ marijuana licensing and social equity program might be in for another round of major changes, spurred by a stream of complaints to the City Council and regulators by license applicants who have yet to open their businesses.
Colorado-based retail chain Schwazze said it acquired the cannabis shop Smokin' Gun Apothecary in the Denver suburb of Glendale for $4 million and 100,000 shares of stock. The vertically integrated Schwazze has been on an acquisition spree,...
