When federal attorneys in California announced bribery charges last week against two Calexico city officials who allegedly accepted $35,000 in cash bribes in exchange for help obtaining marijuana business licenses, many in the cannabis industry shrugged it off as par...
One in 10 investors pumping money into Maryland’s medical marijuana industry are minorities, again highlighting the overwhelming stakes held by whites in the cannabis sector.
The Los Angeles Fire Department has launched a review of all smoke and vape shops in the city to ensure they're storing explosive materials correctly after a recent explosion at Smoke Tokes that injured a dozen firefighters. According to the Los Angeles Times, the...
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures – including laying off an undisclosed number of workers – in an effort to “rightsize” the company’s operations.
Colorado-based LivWell Enlightened Health continued its acquisition spree this month with the purchase of competing retail chain Mindful, which owns five cannabis stores in the state. According to Denver alt-weekly Westword, the acquisition...
Michigan is again revamping its marijuana social equity program in an attempt to draw more entrepreneurs impacted by the war on drugs into the industry. To date, the program has awarded only two recreational marijuana business licenses - for an event organizer and a...
More than two years into the rollout of California's regulated recreational cannabis market, many marijuana industry associations are still struggling to work together for the common good of legal operators on objectives such as lowering state taxes, expanding the...
California and federal authorities launched a criminal investigation into an explosion over the weekend at a Los Angeles warehouse that reportedly contained canisters of butane intended for cannabis concentrate production. According to NBC News, the L.A. police and...
The U.S. House of Representatives approved legislation allowing banks to serve cannabis companies by wrapping the measure into a $3 trillion coronavirus economic relief package. The massive economic stimulus bill, proposed by House Democrats, includes language from...
Oklahoma health authorities on Friday issued the first medical marijuana product recall in the program's short history. A spokesperson for the Oklahoma Medical Marijuana Authority (OMMA) told the Tulsa World that the product batch in question failed to meet state...
The coronavirus has further derailed systemic reforms to the California regulatory agencies that oversee the state's marijuana industry under a revised state budget plan. In the budget proposal released Thursday, Gov. Gavin Newsom said that...
Innovative Industrial Properties (IIP), a real estate investment trust based in San Diego that specializes in sale-leaseback deals in the marijuana industry, spent $17.5 million to do such a transaction near its Southern California headquarters.
