A co-founder of Denver-based Native Roots Cannabis Co. has filed a 52-page lawsuit on top of the current litigation between him and a former business partner.
Margaret Jackson
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MediPharm to sell British Columbia cannabis facility to Rubicon for $4.5M
Canadian cannabis company MediPharm Labs Corp. plans to sell its facility in Hope, British Columbia, to Rubicon Organics for $4.5 million in cash.
MSO Curaleaf’s hemp-derived THC seltzers to hit Total Wine shelves
U.S. liquor retail chain Total Wine & More is partnering with Curaleaf Holdings to offer the cannabis multistate operator’s hemp-derived THC seltzers at more than 100 of its stores in nine markets.
Trulieve appoints marijuana MSO’s co-founder Pernell as new president
Trulieve Cannabis Corp. co-founder James Pernell has been appointed president of the Florida-based marijuana multistate operator.
Casa Verde leads $3 million funding round for marijuana insurer Frontier Risk
Casa Verde Capital, a Los Angeles-based investment firm founded by entertainer Snoop Dogg, led a $3 million funding round for marijuana industry insurance provider Frontier Risk Group.
New Jersey adult-use cannabis market heating up with new entrants
New Jersey’s adult-use cannabis market has experienced surging growth since it launched in April 2022.
Cannabis retailer High Tide rethinking acquisition of German operator
Canada-based cannabis retailer High Tide is stepping back from its deal with Purecan GmbH to enter Germany’s medical marijuana market.
What will Germany’s election outcome mean for nation’s cannabis industry?
Conservative leader Friedrich Merz’s election victory in Germany could result in a potential slowdown or reversal of the European Union nation’s recent cannabis reform as his party has previously opposed legalization efforts.
Cannabis MSO Jushi benefiting from little-used IRS tax-credit program
The IRS owes Jushi Holdings about $6 million in Employee Retention Credit (ERC) claims, but the cannabis multistate operator didn’t want to wait for it.
West Virginia marijuana operator Harvest Care secures $4 million refinancing deal
Marijuana operator Harvest Care Medical closed on a $4 million refinancing deal geared toward supporting its growth in West Virginia.
Marijuana operator Story Ohio secures $15 million loan for expansion
Story of Ohio got a $15 million loan from Advanced Flower Capital to support its expansion in Ohio’s adult-use marijuana market.
Quebec cannabis retailer SQDC reports income of CA$40.5 million
Quebec’s government-operated marijuana retailer, Société québécoise du cannabis, reported income of 40.5 million Canadian dollars ($28.6 million) for its fiscal third quarter, which ended Jan. 4.
