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Potential business carnage coming for California marijuana industry, but stability might emerge after that, experts say

Many California cannabis industry watchers are predicting more company failures, more businesses going into court-appointed receivership because federal bankruptcy protections aren't an option, and more industry exits in general.

News February 6
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Missouri begins licensing medical cannabis tracking firms

Missouri regulators awarded six permits to medical marijuana seed-to-sale companies. The state’s Department of Health and Senior Services also denied license certifications to two companies in the first round of the…

News February 5
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Ten tips to help cannabis business startups succeed

Below I highlight my “Ten Commandments,” in no particular order, that I believe every startup - cannabis or not - should be aware of.

News February 5
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Whoopi Goldberg exits marijuana products firm after dispute

Whoopi & Maya Medical Cannabis, a California company with MMJ products available in stores in California and Colorado, has ceased operations in the wake of an unresolved dispute between co-founders…

News February 5
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Some struggling US cannabis companies may look to Canada for possible bankruptcy protection

With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems.

News February 5
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Harvest execs surrender stock options for reprice, redistribution

Three key executives at Harvest Health will surrender a total of 2.4 million stock options back to the company - without compensation - so the options can be redistributed to…

News February 4
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Dispensaries advance in New Jersey medical cannabis licensing process

Three medical marijuana dispensaries in New Jersey moved closer to opening their doors. Regulators awarded permits to grow medical marijuana to three more companies, the state health department said Tuesday: Columbia…

News February 4
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Which California city might show the way forward for cannabis social equity in the state?

Some marijuana industry watchers are keeping a close eye on Sacramento, California, as a possible example that other municipalities in the state could follow as they look to expand or…

News February 4
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Nevada Cannabis Market Update: State sales data through Oct. 2019

Nevada is among the largest marijuana markets in the United States, with many large multistate operators having extensive operations in the state. So it's valuable to track the amount and…

News February 4
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