Ryan Hudson co-founded The Apothecarium in San Francisco in 2011. On Monday, he agreed to sell the retail company and its assets to a Canadian wellness firm for a cool $118 million to help fuel future growth. Hudson - who will remain The Apothecarium's CEO - is the...
Canadian marijuana firm TerrAscend announced it will acquire California-based The Apothecarium in a deal worth more than $118 million (157 million Canadian dollars).
California's Bureau of Cannabis Control (BCC) announced further enforcement actions against unlicensed marijuana businesses. This sweep was against a pair of illegal retailers - one in Los Angeles and the other in Sacramento County. Licensed MJ firms in the state have...
Local sheriff's deputies raided a sizable cannabis grow in Santa Barbara County, California, after the law enforcement agency concluded an owner lied on an application for a local cultivation license. According to a Santa Barbara County Sheriff's Office news release,...
Los Angeles has finally begun awarding its second round of cannabis business permits, with those licenses going to growers, edibles makers and other nonretail companies that have long been part of the city's marijuana supply chain. The L.A. Department of Cannabis...
Search warrants have been served at 10 inland Southern California marijuana dispensaries allegedly operating without licenses. Several enforcement actions in the Golden State have been reported in the past several months as state and local authorities continue efforts...
The former chief financial officer of MedMen Enterprises filed suit against the California-based company this week, alleging top executives forced him to "choose between complying with his fiduciary duty to the company and its shareholders or turning a blind eye and a...
A three-page document appearing to be an end-of-the-year 2018 status report from the California Growers Association (CGA) was posted Monday morning on popular Facebook page "California - City & County Regulation Watch." At face value, the report was inflammatory...
The past 12 months have been a rough ride for the California marijuana industry, and many business owners are hoping for a comparatively dull 2019 to get back to some sense of normalcy. But there's more turmoil on the way, according to K Street Consulting's Jackie...
Recreational marijuana shops in Massachusetts have racked up nearly $24 million in sales since the initial ones opened two months ago. That's according to the Cannabis Control Commission (CCC), the state's marijuana regulatory agency, which also this week issued its...
A California county that collected fees and taxes from marijuana farmers but then banned the industry has partly reversed course after voting this week to refund almost $1 million in fees to growers. According to Mymotherlode.com, the Calaveras County Board of...
A legal loophole in Michigan that allows for individuals to give away marijuana free of charge has led to a new business model by some companies under which they sell products such as non-infused candy or art and add a free bit of cannabis as a “gift.”
