Latest In: California

California adult-use marijuana industry investment scam sec U.S. Securities and Exchange Commission
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SEC sues six in alleged $25M scam involving two cannabis enterprises

Federal securities regulators have accused six people of deceiving investors by promising astounding returns as part of an…

News July 30
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Toronto cannabis firm RWB buys Platinum for up to $60M to enter California

Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) announced it signed a binding letter of intent…

News July 27
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Investment firm sues for $11.7 million in connection to marijuana merger

A California investment firm claims it is owed $11.7 million in consulting fees for introducing the predecessor of…

News July 24
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California’s marijuana social equity program, rife with corruption, lives or dies at local level

California's social equity programs for cannabis companies vary widely in effectiveness by municipality.

News July 23
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California cannabis energy mandates add undue cost burden to growers

The California Energy Commission (CEC) is proposing new energy mandates that raise efficiency standards for indoor and greenhouse…

News July 22
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Divide opens over L.A. cannabis social equity licenses, management contracts

Months of anger over prized marijuana social equity licenses in Los Angeles boiled over recently, when the California…

News July 22
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Proposed LED mandate could cost California’s indoor marijuana growers millions

Many California marijuana growers are up in arms over a recent proposal before the state Energy Commission that…

News July 21
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Only 2% of Long Beach, CA, marijuana social equity applicants operating

Just one out of 50 business applicants who qualified for Long Beach’s marijuana social equity program has actually…

News July 20
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Week in Review: Israel’s impressive cannabis import totals, sizzling marijuana sales, social equity guidelines & more

The world’s largest importer of cannabis flower is … Israel surpassed Germany in 2020 as the top global…

News July 18
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California REIT, Curaleaf strike $5.5M cannabis deal on New Jersey property

Innovative Industrial Properties, a San Diego-based, marijuana-centric real estate investment trust (REIT), has solidified yet another sale-leaseback deal,…

News July 17
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