Copperstate Farms expands its marijuana operations in Arizona
Copperstate Farms Management is expanding its footprint in Arizona through an agreement to acquire control of two licensed medical marijuana dispensaries in North Scottsdale and Tempe.
MedMen
MedMen sues Pasadena, California, over rejected retail cannabis application
California-based MedMen filed suit against the city of Pasadena, claiming that its application for a cannabis retail location was improperly disqualified.
Week in Review: US House sets marijuana legalization vote, new Massachusetts rules, MedMen woes & more
The MORE Act, which would deschedule cannabis and thereby legalize it federally in the U.S., is scheduled to be considered by the full U.S. House of Representatives the week of Sept. 21.
Flurry of investor interest in Arizona sparked by prospect of recreational marijuana legalization
Investors and cannabis companies are jockeying for a stake in Arizona’s $750 million-plus marijuana market in advance of a likely adult-use legalization ballot initiative in November.
CA marijuana exec sues MedMen affiliate Captor Capital for fraud, more
A longtime Southern California marijuana entrepreneur and executive filed suit against Toronto-based Captor Capital – a former financial partner of MedMen Enterprises – for fraud, breach of contract and other misdeeds and is seeking at least $2.8 million in damages.
DOJ whistleblower: Attorney General Barr’s treatment of cannabis industry tantamount to ‘harassment’
A career U.S. Justice Department attorney testified Wednesday that antitrust investigations of 10 cannabis mergers since March 2019 were “not even close to meeting established criteria” for such reviews and agreed they amounted to industry “harassment” by Attorney General William Barr.
MedMen loses Virginia medical cannabis dispensary license
Virginia regulators voted to rescind the medical marijuana dispensary license held by embattled multistate cannabis company MedMen Enterprises in the town of Staunton, less than a month after the state’s governor signed a bill to legalize MMJ.
Bierman and Modlin leave board of cannabis firm MedMen
The co-founders of California-based multistate marijuana operator MedMen are completely out of the company, having relinquished their roles on the board of directors.
