Week in Review: Marijuana vs. alcohol, CA’s lagging cannabis tax revenue & Utah MMJ ally
State-legal cannabis users consume less liquor and medications, according to a report, California isn’t fetching as much marijuana…
News May 11
Latest In: California
Illegal California marijuana firms starting to comply with cease-and-desist letters
Scores of California marijuana companies that received cease-and-desist letters during a crackdown on potentially illegal operations have yanked online…
News May 11
California’s low marijuana tax stream complicating MJ business climate
A lower-than-expected first quarter of marijuana excise tax income in California has thrown a wrench into the works for…
News May 9
Escape from Los Angeles: Marijuana businesses leave as city struggles to roll out legal market
Marijuana companies are fleeing Los Angeles, a setback for what is arguably the biggest cannabis market in the…
News May 8
Dallas marijuana investment firm starts $50 million fund
Dallas-based marijuana investment firm Cresco Capital Partners has launched a second fund and plans to raise $50 million to…
News May 4
Week in Review: SBA says no to cannabis, Maine advances rec MJ & Scotts Miracle-Gro shrinks
The U.S. Small Business Administration bars banks from issuing SBA-backed loans to marijuana- and hemp-related companies, Maine lawmakers…
News May 4
Utah foundation donates $4.7 million for university study of CBD’s effects on autism
A Utah foundation has donated a record $4.7 million to a California university to explore whether CBD can…
News May 2
Some leeway on marijuana permit renewals for California temporary licensees
California regulators are giving licensed marijuana businesses more flexibility this summer when it comes to getting all their…
News May 2
Cannabis company MedMen taps new partner in bid to go public
Multistate marijuana company MedMen is switching up its business partner in its effort to take the firm public…
News May 1
Two California marijuana firms close Series A funding rounds totaling $11M
Two Oakland, California-based marijuana firms have their sights set on expansion after closing on Series A funding rounds…
News May 1
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