Canadian cannabis retailer High Tide entering German market via acquisition
Canada-based cannabis retailer High Tide is getting into the German medical marijuana market with the acquisition of 51% of Purecan GmbH for 4.8 million euros ($4.9 million) in a cash-and-stock deal. Purecan’s owners also agreed to give Calgary, Alberta-based...
Nation’s oldest marijuana retailer facing multiple lawsuits related to unpaid bills
Berkeley Patients Group (BPG), the nation’s oldest operational marijuana retailer, is embroiled in several lawsuits alleging the operator failed to pay invoices to vendors, landlords and service providers. The Northern California retailer is facing at least three...
How will consumer preferences shape cannabis retail in 2025?
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Any good retailer – regardless of the industry – takes consumer preferences into consideration when making business decisions....
New York City marijuana social equity operators sue over proximity exemptions
Four New York City marijuana retailers with social equity licenses are suing state regulators, claiming that recently issued exceptions to a law imposing a 1,000-foot barrier between stores is “undermining” their businesses. It’s the latest legal challenge...
Report: Hundreds of medical cannabis dispensaries could open in DC in 2025
More than 270 medical cannabis dispensaries could launch in Washington, D.C., this year. That’s according to an analysis by The Outlaw Report, which found that 276 MMJ dispensaries are in the approval process. ADVERTISEMENT However, most of those applicants are...
Top marijuana regulators in 2 states resign before launch of adult-use sales
The top marijuana regulators in two states on the verge of launching adult-use sales are stepping down. Delaware Marijuana Commissioner Rob Coupe is leaving his post only weeks after the state distributed 15 recreational marijuana retail licenses through a lottery...
Cannabis industry relief efforts underway as wildfires rage across Los Angeles area
(This story has been updated to reflect the changing death total.) Los Angeles-area cannabis operators are prioritizing the safety and security of their employees and relief efforts amid historic wildfires raging across the region that have killed at least 24 people,...
Former employees of Cookies marijuana affiliate TRP allege gender bias in suit
The all-male leadership team at a Los Angeles-based national marijuana retailer affiliated with prominent brand Cookies imposed a “bro culture” that encouraged “pervasive gender discrimination,” according to a lawsuit filed by five former women employees. The lawsuit...
Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan
A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis multistate operator Red White & Bloom Brands. PharmaCo, which was acquired in February 2022 by Red White & Bloom subsidiary RWB Michigan, has...
Opportunities abound with distressed marijuana businesses – but use caution
Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license would likewise be shrinking. Opportunities abound, however. The question...
Judge nixes GTI plans to open medical cannabis stores at Circle Ks in Florida
A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate operator Green Thumb Industries (GTI) to open medical cannabis dispensaries near or adjacent to Circle K stores. According to the News Service of Florida, the...Featured
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