Omar Sacirbey

Omar Sacirbey's Latest Posts

More legal issues for marijuana firm Pineapple Express

Pineapple Express, which provides consulting, financial and real estate services to marijuana businesses, has been named in a lawsuit filed by three companies that allege the Los Angeles firm owes them nearly $685,000.

Pineapple Express CEO Matthew Feinstein stressed in an email to Marijuana Business Daily that a subsidiary the company has since sold is the target of the lawsuit, not Pineapple Express.

Canadian marijuana cultivators are raking in capital

Canada’s federally licensed medical marijuana cultivation companies have raised roughly 700 million Canadian dollars ($524 million) in the past six months, according to canna-centric analysis firm Canaccord Genuity. The investment frenzy started in the third quarter...

Arizona court backs limits on cannabis PTSD recommendations

Arizona's Court of Appeals ruled that the former director of the state’s Department of Health Services did not violate the law when he decreed that doctors may recommend medical marijuana to treat only the symptoms of post-traumatic stress disorder, not the illness...

Massachusetts liquor stores eye rec cannabis licenses

About 200 Massachusetts liquor store owners are considering applying for recreational marijuana business licenses in a bid to capitalize on the state's new adult-use program. If approved, the liquor stores' entry would add a new wrinkle to the competitive landscape...

SEC charges cannabis vending firm, founder in $12M case

Federal securities regulators charged a California company peddling marijuana vending machines and its founder with issuing bogus news releases that bragged about phony "record" sales and touted the business as an MJ industry leader. Much of Medbox's revenue, however,...

Oakland expands marijuana license diversity program

The city council in Oakland, California, expanded a groundbreaking but controversial cannabis business license program that supporters say is needed to help reverse the underrepresentation of minorities in the industry - while opponents charge the plan unfairly...

Oregon’s recreational marijuana chief resigns

The top regulator in charge of Oregon's recreational marijuana program is stepping down, adding to a growing trend of cannabis overseers who are leaving the industry for the private sector. Rob Patridge said in a news release Tuesday he is resigning as chair of the...

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