Court docs shed light on suspension of Massachusetts marijuana regulator
Shannon O’Brien allegedly made insensitive remarks leading up to her suspension as chair of Massachusetts’ Cannabis Control Commission, court documents show.
Articles by Solomon Israel :
Venture West Funding originates $17.5 million California cannabis loan
California commercial mortgage broker Venture West Funding arranged a $17.5 million refinance loan for the headquarters of cannabis company Cal Grow.
22nd Century Group selling hemp operations for $2.25 million
Biotech company 22nd Century Group is selling off its hemp operations in a deal worth $2.25 million as part of an attempt to cut costs.
MJBizCon 2023 opens with hopes for a brighter cannabis industry future
MJBizCon, the world’s biggest event in the cannabis sector, kicks off Wednesday in Las Vegas as industry leaders wrap up a tough year and hope for positive change in 2024 – particularly, the potential reclassification of marijuana as a less dangerous drug by the U.S. government.
US cannabis operators on Canadian exchanges: Q&A with Cboe Canada’s Erik Sloane
Cboe Canada’s Erik Sloane discusses what the exchange offers U.S. cannabis companies and its listing requirements for American MSOs, among other things.
Marijuana MSO Slang Worldwide starts strategic review; is sale possible?
Marijuana multistate operator Slang Worldwide could be putting itself on the auction block after the company hired outside advisers to launch a strategic review.
Marijuana MSO MariMed loses $646,000 in ‘sophisticated’ email fraud
Multistate marijuana operator MariMed mistakenly transferred hundreds of thousands of dollars to a “fraudulent recipient” after receiving a “forged email,” according to the company’s latest quarterly filing with U.S. securities regulators.
Cannabis company MariMed refinances debt with $58.7 million loan
Cannabis multistate operator MariMed secured a new 10-year loan worth $58.7 million, most of which will be used to refinance existing debt at an unspecified lower interest rate.
Massachusetts cannabis chief to resign soon, concluding leadership saga
Shawn Collins is resigning Dec. 4 as executive director of Massachusetts’ Cannabis Control Commission, ending months of uncertainty surrounding the agency’s leadership.
Georgia awards four new medical marijuana production licenses
Georgia’s medical marijuana regulator awarded four new MMJ production licenses, increasing to six the total number of licensed producers for the state’s limited program.
Oklahoma crackdown results in massive illegal marijuana bust
More than 72,000 pounds of illicit cannabis has been seized in Oklahoma by a law enforcement task force meant “to combat Oklahoma’s many illegal marijuana operations,” according to the state attorney general.
Michigan regulator unveils litany of October marijuana disciplinary actions
Michigan imposed fines against a number of recreational and medical marijuana businesses in October, according to the state cannabis regulator’s latest disciplinary action report.
