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California

California Medical Marijuana News

Image of a MedMen store in West Palm Beach, Florida

Cannabis MSO MedMen warns about cash situation, ability to stay afloat

By MJBizDaily Staff · February 7, 2023
California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to "meet its obligations" for the next year and that there are questions about its ability to stay in business. Read More

Landlords in older markets warm up to marijuana tenants, but premium still applies

By Omar Sacirbey · February 1, 2023

Cannabis companies seeking real estate face limited choices and premium prices

By Omar Sacirbey · February 1, 2023

For plant-touching marijuana companies, most lending options tied to property

By Kate Lavin · February 1, 2023

Former California industry leader Flow Cannabis Co. ‘mothballed’ as it seeks to ‘survive’

By Chris Roberts · January 31, 2023

New year brings new laws, rules for cannabis businesses nationwide

With the start of a new year, cannabis companies across the country are tweaking their business models to meet changing laws and regulations that could affect sales and how they run their operations.

January 30, 2023
Image of a newspaper, on a desk with headline: Changes coming in 2023.

Marijuana MSO Curaleaf bails on California, Oregon and Colorado, cuts workforce by 4%

Marijuana multistate operator Curaleaf Holdings said Thursday that it will shutter the majority of its operations in three Western U.S. states – California, Colorado and Oregon – and reduce its workforce by 10%, another sign of ongoing difficulties for the cannabis market as a whole.

January 26, 2023
Image of interior of a Curaleaf marijuana store.

Cannabis growers exit California market, helping stabilize prices

California marijuana cultivation capacity is down significantly from early 2022, with some growers choosing not to plant or renew their licenses because of low wholesale prices and tough economic conditions.

January 26, 2023
Image of a California marijuana grow.

Marijuana M&A: Distressed, smaller and failed deals expected in 2023

Are blockbuster, billion-dollar marijuana mergers and acquisitions behind us?

Possibly, say insiders. But they also predict 2023 will feature brisk cannabis M&A activity, with the overall value of transactions possibly topping the $3.2 billion recorded in 2022.

January 23, 2023
Chart showing cannabis mergers and acquisitions in 2022.

How marijuana companies are building brand loyalty by selling seeds to consumers

Several cannabis companies have added marijuana seeds to their line of product offerings – even though the move, at first blush, might seem counterintuitive.

January 20, 2023
Image of cannabis seeds in a bowl next to marijuana leaves.

Marijuana MSO Columbia Care shutters stores, reduces head count

New York-based marijuana multistate operator Columbia Care is laying off 25% of its corporate headcount as part of a larger effort to slash costs, reduce cash burn and improve performance.

January 19, 2023
Image of a scale with the word Downsize

Las Vegas marijuana consumption hotel to open spring 2023

A cannabis-friendly hotel in Las Vegas will open this spring after the tourist city approved marijuana consumption lounges last year.

January 17, 2023
An image of the Las Vegas strip
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Latest News

Image of seed-to-sale tags
All U.S. Ancillary Briefs Cultivation Farming Medical & Recreational Missouri Retail 

Metrc track-and-trace system expands to Missouri adult-use marijuana market

February 7, 2023 Chris Roberts
Image of a MedMen store in West Palm Beach, Florida
All U.S. Briefs California Finance Florida Illinois New York Recreational Retail Stocks 

Cannabis MSO MedMen warns about cash situation, ability to stay afloat

February 7, 2023February 7, 2023 Kate Robertson
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All U.S. Briefs Manufacturing Medical & Recreational Missouri News by State Recreational Retail 

Missouri tops $12.6 million on opening weekend of adult-use marijuana sales

February 7, 2023February 7, 2023 Chris Casacchia
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Briefs Canada Finance International Recreational Retail 

SNDL closes purchase of Superette cannabis stores, brand IP

February 7, 2023February 7, 2023 Solomon Israel
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All U.S. Cultivation Legal 

Could California bring the US closer to interstate marijuana commerce? 

February 7, 2023February 6, 2023 Bart Schaneman
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February 2023 Magazine

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