Marijuana financier Justin Costello arrested after federal fraud indictments
Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on…
News October 6
Latest In: California
MedMen uses federal illegality of marijuana as defense in rent lawsuit
Cannabis multistate operator MedMen Enterprises argues in its response to a lawsuit that it shouldn't have to pay…
News October 5
DEA-licensed cannabis cultivator closes $20 million Series A funding round
Biopharmaceutical Research Co., one of seven cultivators licensed by the U.S Drug Enforcement Administration to grow cannabis primarily…
News October 4
Ex-SoCal politician gets 5-year prison sentence in marijuana bribery scheme
Former Southern California politician Jermaine Wright was sentenced to five years in a federal prison after being convicted…
News October 4
California cannabis company’s default highlights debt woes facing state’s MJ businesses
In what observers say is a sign that California’s struggling legal cannabis industry is slouching toward a long-predicted…
News October 3
Cannabis MSO Ascend unveils executive shake-up after former CEO charged with battery
Abner Kurtin, co-founder of Ascend Wellness Holdings, will move from his role as chief executive officer to executive…
News September 28
Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say
After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an…
News September 28
Marijuana social equity applicants nationwide face similar challenges
Despite the promise of social equity leveling the playing field in the marijuana industry, most diversity applicants and…
News September 27
British American Tobacco invests in German cannabis company Sanity
British American Tobacco (BAT) has taken a noncontrolling minority stake in German cannabis company Sanity Group for an…
News September 26
Assault charge could tarnish image of Ascend, entire cannabis industry, consultants warn
A criminal charge against Ascend Wellness founder and CEO Abner Kurtin could adversely affect the company and the…
News September 21
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