New California task force eradicates $15 million of illegal marijuana
A newly formed California task force eradicated 11,000-plus illegal marijuana plants and destroyed more 5,000 pounds of illegal…
News October 17
Latest In: California
California regulators seize 1 million illegal cannabis plants
California regulators are ramping up enforcement targeting illegal cannabis operations and transnational criminal organizations.
News October 12
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
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
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