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California marijuana labeling snafu leads to yet another recall

Ronnie Cabral was horrified to learn a few weeks ago that his vape cartridge firm’s California business license number and company name were being used on products that weren’t his. He was even more horrified to learn his identifiers were being used by a distributor he hadn’t even hired to take his products to market […]

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Week in Review: Big bank drops pro-MMJ candidate, cannabis class action suit & PA growers’ sales

Banking giant Wells Fargo closes the account of a Florida candidate who supports medical marijuana, a class action suit is filed on behalf of cannabis growers in a California county, and Pennsylvania MMJ growers/processors are on pace for $5 million in sales in their first year. Here’s a closer look at some notable developments in […]

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Higher prices and barer shelves: California cannabis retailers face frustrated customers

Licensed marijuana retailers in California are struggling to cope with customers angry about price hikes and less product choice – a direct result of the state’s new packaging and testing regulations that took effect July 1. Here’s a look at some of the concerns related to the state’s current business environment as well as how some companies are […]

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Potential $325M-$425M Michigan medical marijuana market braces for more turmoil

Michigan’s medical marijuana industry is girding itself for a heap of disorder – including possible product shortages and revenue losses to the black market  – unless state regulators approve many more business licenses by next month’s deadline, experts warn. Regulators have approved only 16 medical cannabis licenses, including seven dispensaries, under a new statewide regulatory […]

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Week in Review: California cannabis home delivery, the ‘real’ Sanjay Gupta & ND to vote on adult-use MJ

California cities push back on proposed regulation changes around home marijuana deliveries, a Canadian CBD company signs a branding agreement with “Dr. Sanjay Gupta” – but not the one you may think – and a North Dakota recreational cannabis measure gets approved for the November ballot. Here’s a closer look at some notable developments in […]

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Breaking down the big deal behind Constellation’s bet on cannabis and Wall Street’s involvement

Constellation Brands’ multibillion-dollar wager on Canopy Growth is huge – record setting even – but a much larger story is lighting up across the cannabis industry: Wall Street has arrived. Financial heavyweights Goldman Sachs and Bank of America Merrill Lynch are officially dabbling in the marijuana industry now, which is a move observers call a […]

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Alleged fraud, theft, defamation, drug abuse: Longtime marijuana industry insiders prep for court battle

A legal battle royale between two cannabis consulting firms in Los Angeles will pit industry insiders and former friends against each other in a case that exemplifies how cutthroat the marijuana business has become. In one corner is Avis Bulbulyan, CEO of Siva Enterprises and a member of the California Cannabis Advisory Committee, which works […]

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